Global Plastic Caps and Closures Market Size, Share and Analysis, By Product Type (Screw-On Caps, Dispensing Caps, and Others), By Technology (Injection Molding, Compression Molding, and Post-Mold TE Band), By Raw Material (PP, HDPE, and LDPE), by End-Use (Food and Beverage, Industrial Chemicals, Household Chemicals, Cosmetics, Pharmaceutical, and Others), Forecast (2022-2028)

 

The global plastic caps and closures market is estimated to grow at a CAGR of 5.6% during the forecast period. The market is being driven by the rising demand for bottled water, concerns about product safety and security, product distinctiveness and branding, and shrinking package sizes. A plastic cap is essential for protecting the goods from dust and other germs. Plastic caps and closures are less expensive than metal caps and closures. Consumers are looking for closures that are user-friendly, simple to open, and simple to operate. The growing popularity of dispensing closures and pump closures in a variety of product categories such as body care, skincare, drinks, and liquid food products is expected to drive the global plastic caps and closures market. The trend in health and wellness is turning toward preventative healthcare, which is driving demand for FMCG items that promote healthier lifestyles. To reassure consumers about the safety and authenticity of the products they are buying, plastic caps and closures that resist contamination, tampering, and counterfeiting are becoming increasingly vital. 

Plastic Caps and Closures Market Segmentation:

By Technology

• Injection Molding
• Compression Molding
• Post-mold TE Band

By Raw Material

• PP
• HDPE
• LDPE

By End-Use

• Food and Beverage
• Pharmaceutical
• Cosmetics
• Industrial Chemicals
• Household Chemicals
• Others

Competitive Landscape- Berry Group, Amcor plc, and Crown Holdings, among others.

Geographic Coverage

• North America Market Size and/or Volume
• Latin America Market Size and/or Volume
• Europe Market Size and/or Volume
• Asia-Pacific Market Size and/or Volume
• Rest of the world Market Size and/or Volume

Key questions answered in this report:

• What is the size of the Plastic Caps and Closures market and what is its expected growth rate?
• What are the primary driving factors that push the Plastic Caps and Closures Market forward?
• What are the Plastic Caps and Closures Industry’s top companies?
• What are the different categories that the Plastic Caps and Closures Market caters to?
• What will be the fastest-growing segment or region?
• In the value chain, what role do essential players play?
• What is the procedure for getting a free copy of the Plastic Caps and Closures Market sample report and company profiles?