The caps and closures market is projected to expand from USD 85.2 billion in 2025 to USD 138.18 billion by 2034, growing at a CAGR of 5.52%. This report delivers a comprehensive breakdown by material, product, application, and region, highlighting the strong performance of Asia Pacific (39.24% share) as the leading region. It provides in-depth insights into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa, along with a detailed value chain analysis, trade statistics, and profiles of key players such as BERICAP Holding GmbH, Avery Dennison Corporation, Crown Holdings Inc., Guala Closures S.p.A, and Amcor Limited. The study also explores manufacturers profitability, suppliers EBITDA margins, and competitive dynamics shaping the global landscape.
Recent Developments by Key Market Players
- In December 2024, nutritional supplements of Great Earth launched with a fibre-based cap from Blue Ocean Closures, aiming to address increasing consumer demand for more sustainable packaging and providing an alternative to plastic caps.
- In May 2024, a trademark of Alpek Polyester, Charlotte, CaPETall allows for PET to be used in caps and closures to achieve a 100% PET Packaging Solution, simplifying and improving post-consumer PET bottle recycling and PET Circular Economy.
- In April 2024, a line of no-torque, child-resistant caps was introduced by SnapSlide, that is the market first adaptive packaging solution. SnapSlide design features a patented, sliding, two-step opening procedure that allows for single-handed opening and closing while maintaining child resistance.
- February, 2024: With the inclusion of recycled fillers and up to 60% ocean-bound plastic trash, Avient Corporation announced that it is expanding its line of Gravi-TechTM REC Recycled Formulations, bringing the portfolios total recycled content to 98%. When compared to metals that are typically used in high-end package caps and closures, the new grade offers more design flexibility and efficient processing.
- February, 2024: Aptar Closures announced the launch of Future Disc-Top closure. Future Disc Top was created by keeping e-commerce in mind and features a locking/unlocking ring to keep it safe during delivery and reduce breakage or leakage. The closure is capable of withstanding transport hazards often seen during the shipping and handling since it complies with Amazon ISTA-6.
- September, 2023: Silgan Dispensing announced the launch of MeaSURE 2. With a single press, this self-measuring, automated dosing closure reliably administers the correct volume of liquid. The chance to amaze customers with the simplicity, precision, and free of mess dispensing which a self-dosing closure assures is presented by this next iteration of the MeaSURE closure.
Caps and Closure Key Market Players
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