The global bottle caps market is expected to grow from USD 4.05 billion in 2024 to USD 5.83 billion by 2034, at a CAGR of 3.72%. The market includes screw caps, flip-top caps, and tamper-evident caps. North America held a 36.81% share in 2023, with additional insights from Europe, APAC, Latin America, and the Middle East & Africa. The report also includes competitive analysis of key players such as Amcor, Ball Corporation, and Crown Holdings, along with trade data and information on manufacturers and suppliers.
Recent Developments
- In April 2024, Blue Ocean Closures, a caps manufacturing company, revealed the introduction of the fiber-based screw cap, which has the ability to get recyclable in paper waste streams and is launched in the market by the Great Earth as a nutritional supplement.
- In April 2023, The Coca-Cola Company, a beverage manufacturing brand, revealed the launch of the newly innovated light-in-weight tethered cap for its carbonated beverages in Polyethylene Terephthalate (PET) bottles, which are recyclable. Apart from being recyclable and using less material, the new cap mainly complies with the EUs tethered cap regulation, which went into effect
- In July 2024, Its goal is to guarantee that bottles with their caps on are recycled and that loose caps are eliminated from the environment.
- In July 2024, Coverpla, a perfume manufacturing and marketing firm, revealed the introduction of the Venus refillable coverpla bottle with a biodegradable cap. Coverplas Venus design is available in a 100ml capacity and has a CV15 screw neck. Venus comes in 50ml and 100ml capacity as well, with the option of a threaded or crimped collar.
Market Key Companies
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