The plastic caps market is expected to grow from USD 44.89 billion in 2025 to USD 67.66 billion by 2034, at a CAGR of 4.64% from 2025 to 2034. This growth is mainly driven by rising demand from industries such as pharmaceuticals, food and beverages, cosmetics, and personal care. The polypropylene (PP) segment leads the market because it offers high strength, durability, cost-effectiveness, and good thermal resistance.
Plastic Caps Market Key Players
- Berry Global
- Crown Holding
- AptarGroup
- Amcor plc
- BERICAP
- Silgan Holdings
- RPC Group
- United Caps
- Caps and Closures Pty Ltd
- Guala Closures
- Nippon Closures Co., Ltd.
- Sonoco Products Company
- Pano Caps
Latest Announcement by the Industry Leader
- In February 2025, Kashima City of Ibaraki Prefecture, REFINVERSE, Inc., Mitsubishi Chemical Corporation, Toyo Seikan Group Holdings, Ltd., Kewpie Corporation, and KASUMI CO., LTD. entered into a six-party comprehensive partnership agreement to promote closed-loop recycling of plastic packaging in Ibaraki Prefecture on February 14, 2025. In this pilot project, each of the six partners will pass materials to the next partner to promote the recycling of plastic through the supply chain.
Recent Developments
- In February 2025, Maybelline, Kraft Heinz, and P&G joined hands in a new industry effort to rescue some of the billions of bottle caps, lotion pumps, pill bottles, and other packaging bits that regularly go to waste. Food, cosmetics, and retail giants team up to prevent small plastic from falling between the cracks of the recycling system.
- In February 2025, Origin Materials launched the commercial production of polyethylene terephthalate (PET) caps at its manufacturing facility in Reed City, MI. The companys PET cap and closure technology can be used to produce both tethered and standard caps, enabling PET bottle-to-bottle recycling. Origins PET cap and closure technology can be used to produce both tethered and standard caps, enabling PET bottle-to-bottle recycling.
Become a valued research partner with us, please feel free to contact us at sales@towardspackaging.com
