Caps and Closures Market - Forecasts from 2025 to 2030

The Caps & Closures Market is expected to grow at a rate of 5.37% CAGR, reaching a market size of US$99.899 billion in 2030 from US$76.925 billion in 2025.

Caps and closures are used to seat a container, generally containing different types of liquid. They offer multiple advantages to the packaging industry, as these are easy to install and open, thereby preventing leaks and exposure to the environment, and keeping the products safe.

The demand for caps and closures is growing due to the rising food consumption and growing worries about the safety and quality of products, there is a greater need for caps and closures. Due to the growing packaged food and consumer goods markets, the targeted market is also boosting. As a result, there is an increasing demand for novel packaging materials that can protect from harsh environments without lowering the quality of the product. The trend in health and wellness is shifting towards preventative healthcare, which is fuelling demand for FMCG items that promote healthier lifestyles. The global market for caps and closures is expected to develop because of rising beverageconsumption and inventive packaging techniques.

Caps & closures market drivers

Rising demand for alcoholic beverages across the globe

Beverage packaging is one of the most important sectors for the caps and closures market. The shelf life of beverages is increased while maintaining their flavour and texture using beverage packaging. Pouches and cartons are two common packaging options used by the beverage packaging business. The market for premium caps in the beverage industry is driven by the need for cutting-edge differentiated closures from major beverage firms throughout the world. Further, the need for temper-evident caps and closures is driven by the rise in customer demand for bottled water during the forecast period. The rise ofbottled wateris being driven by changes in lifestyle and per capita consumption. Sales of premium bottled water have risen because of consumers' rising income levels which is increasing the demand for caps and closures market.

Caps & closures market geographical outlook

The growth of North America is primarily attributed to the rapid demand for caps and closure from various Industries such as pharmaceuticals, food, alcoholic & non-alcoholic drinks, and cosmetics among others. Furthermore, rising demand for caps and closure from packaged beverages & related stuff is a major factor promoting the growth in the USA market.

In line with the evolving market demands, numerous players are scaling up their operations to meet emerging requirements and offer improved services and solutions. Notable developments from the market include collaboration among major players such as Amcor came into collaboration with MGJ to develop IMPRESSIONS, advanced liner technology with unique PE-PP formed-based liners as well as sealing solutions for caps in different designs.

Furthermore, the extensive applications of caps & closures market in the food & beverage sector with different companies involved in the processing of raw materials, packaging products & distribution require the use of caps for packaged food, alcoholic & non-alcoholic drinks among others. Also, increasing demand for bottled water is also a crucial factor that will determine the growth of the market till the forecast period.

According to the findings of the Beverage Marketing Corporation, in the USA around 15 billion gallons of bottled water were consumed in 2020 which is 4.7% more than the consumption in the year 2019. The growth of retail sales was also more than 4% in the year 2020 for bottled water thereby promoting the market growth for caps & closure in the US market. According to the International Bottled Water Association, the increasing population of high-net-worth Individuals in developed countries such as the US will become the main factor promoting the growth & consumption of bottled water. This will eventually lead to growth in the caps & closure market.

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Report Coverage:

• Historical data & forecasts from 2022 to 2030
• Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
• Competitive Positioning, Strategies, and Market Share Analysis
• Revenue Growth and Forecast Assessment of segments and regions including countries
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The caps & closures market is analyzed into the following segments:

By Type

• Caps
• Closures

By Raw Material

• Plastic
• Metal
• Others

By Application

• Food
• Beverages
• Cosmetics
• Pharmaceuticals
• Others

By Geography

• North America
• South America
• Europe
• Middle East and Africa
• Asia-Pacific