Plastic Caps and Closures Market By Share, Demands, Forecast 2028| TechSci Research

Summary

Report Description

Forecast Period	2024-2028
Market Size (2022)	USD 62.85 billion
CAGR (2023-2028)	6.29%
Fastest Growing Segment	HDPE
Largest Market	Asia Pacific

Market Overview

The Global Plastic Caps and Closures Market was valued at USD 62.85 billion in 2022 and is growing at a CAGR of 6.29% during the forecast period. The increasing prevalence of dispensing closures and pump closures across a range of product categories, including body care, skincare, beverages, and liquid food products, is expected to drive the growth of the global plastic caps & closures market. The shift towards preventive healthcare in the health and wellness trend is fueling the demand for FMCG products that cater to enhanced lifestyles.

Key Market Drivers

Increasing Demand for Convenience Packaging Solutions

One of the key drivers fueling the growth of the Global Plastic Caps and Closures Market is the increasing demand for convenient packaging solutions across various industries. Convenience packaging refers to packaging that is easy to open, resealable, and user-friendly. It enhances the consumer experience by providing convenience, freshness, and extended product shelf life.

Plastic caps and closures play a vital role in ensuring the convenience and functionality of packaging. They provide secure seals, tamper-evident features, and resealability, making them well-suited for a wide range of products such as beverages, food, pharmaceuticals, personal care products, and household chemicals.

Consumer preferences have shifted towards on-the-go consumption and smaller portion sizes. This trend has driven the need for single-serving packaging and smaller container sizes, all of which rely heavily on effective caps and closures. Plastic closures are lightweight, user-friendly, and cost-effective, making them the preferred choice for manufacturers aiming to cater to convenience-oriented consumers.

Furthermore, the rise of e-commerce has further accelerated the demand for secure and convenient packaging solutions. Plastic caps and closures are well-suited for e-commerce packaging as they can withstand the rigors of shipping and handling while maintaining product integrity.

As consumer lifestyles continue to evolve, the demand for convenient packaging solutions supported by plastic caps and closures is expected to grow, fostering innovation and expansion in the Global Plastic Caps and Closures Market.

Stringent Regulations and Safety Standards

Stringent regulations and safety standards play a crucial role in driving the growth of the Global Plastic Caps and Closures Market. Regulatory bodies worldwide impose stringent requirements on packaging materials to ensure product safety, integrity, and consumer protection.

Plastic caps and closures are essential components that help meet these regulatory requirements. They are specifically designed to provide tamper-evidence, ensuring that products remain unopened and untampered with until they reach the end consumer. Tamper-evident features are particularly critical for pharmaceuticals, food, and beverages as they enhance product safety and foster consumer trust.

In addition, plastic caps and closures are often required to adhere to specific standards related to product contact, such as the FDA (U.S. Food and Drug Administration) regulations in the United States. These standards ensure that materials used in caps and closures do not release harmful substances into the packaged products, thereby maintaining the quality and safety of the contents.

As consumer awareness of food safety and product quality continues to grow, regulatory requirements for packaging are expected to become even more rigorous. This drives manufacturers to invest in the development of innovative and compliant plastic caps and closures, leading to a robust market for these essential packaging components.

Growth of the Beverage and Bottled Water Industry

The expansion of the beverage and bottled water industry serves as a significant catalyst for the Global Plastic Caps and Closures Market. Carbonated soft drinks, bottled water, juices, and sports drinks heavily rely on efficient caps and closures to ensure freshness, prevent contamination, and preserve carbonation.

The global demand for bottled beverages, especially bottled water, has witnessed substantial growth over the years. Consumers increasingly opt for bottled beverages due to their convenience, portability, and perceived health benefits. This surge in demand directly impacts the plastic caps and closures market.

Manufacturers in the beverage industry require high-quality caps and closures that not only serve functional purposes but also possess aesthetic appeal to consumers. Plastic closures offer design versatility, enabling the inclusion of branding and marketing elements that enhance overall packaging appeal.

Furthermore, sustainability initiatives within the beverage industry have resulted in the development of eco-friendly plastic closures. These closures are designed to minimize environmental impact by utilizing recycled materials or lightweight designs that reduce plastic consumption.

As the global beverage and bottled water industry continues to expand, the demand for plastic caps and closures is expected to remain robust. Manufacturers will continue to innovate to meet the specific requirements of this industry, further propelling growth in the Global Plastic Caps and Closures Market.

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Key Market Challenges

Environmental Concerns and Sustainability Pressures

One of the significant challenges confronting the Global Plastic Caps and Closures Market is the mounting concern regarding the environmental impact of plastic packaging. Plastic caps and closures are typically manufactured from petroleum-based materials, which are non-biodegradable and contribute to plastic pollution. As public awareness of environmental issues like marine litter and microplastics has surged, there is an escalating demand for the industry to address sustainability concerns.

Governments and regulatory bodies across different regions are imposing constraints on single-use plastics while promoting eco-friendly alternatives. This shift has resulted in the development and adoption of sustainable packaging solutions, such as biodegradable and compostable caps and closures. Nevertheless, these alternatives often entail higher production costs and may not offer the same level of performance or shelf life as traditional plastic closures.

Another sustainability challenge revolves around recycling. Although plastic caps and closures can technically undergo recycling, their small size poses difficulties in sorting and processing within recycling facilities. Consequently, many end up as contaminants in the recycling stream or are discarded as waste.

The plastics industry is actively working to address these challenges by investing in research and development to create more environmentally friendly materials and exploring recycling innovations. However, achieving sustainability goals while upholding cost-effectiveness and performance remains a complex endeavor for the Plastic Caps and Closures Market.

Increasing Competition and Price Pressure

The Global Plastic Caps and Closures Market is characterized by fierce competition, which exerts downward pressure on prices and profit margins. Manufacturers, regardless of their size, engage in intense competition to secure contracts with beverage companies, food producers, pharmaceutical firms, and other industries that rely on plastic caps and closures.

Price competition is particularly prominent in commoditized market segments, where products are standardized and differentiation is limited. This poses challenges for manufacturers to sustain profitability, especially when confronted with escalating raw material costs, labor expenses, and other overheads.

To maintain competitiveness, manufacturers often need to invest in technological upgrades and process improvements to enhance efficiency and reduce production costs. However, these investments can be substantial and may not yield immediate returns.

Moreover, price pressure can drive a focus on cost-cutting measures that may potentially compromise product quality or innovation. Striking a balance between competitive pricing, quality, and innovation remains an ongoing challenge for companies operating in the Plastic Caps and Closures Market.

Evolving Consumer Preferences and Packaging Trends

Consumer preferences and packaging trends are in a constant state of flux, posing challenges for the Plastic Caps and Closures Market. The demand for sustainable packaging, convenient features, and unique product experiences drives innovation, necessitating adaptability from manufacturers.

For instance, there is an increasing consumer inclination toward packaging with minimal plastic usage. This has driven the development of lightweight closures and eco-friendly materials. However, these materials may possess distinct properties and performance characteristics that manufacturers must navigate.

Moreover, the surge in e-commerce has created new packaging requirements. Products must withstand shipping and handling while maintaining their integrity. As a result, tamper-evident and leak-resistant closures have been developed for the online retail sector.

Customization and branding also hold significance for numerous consumer products, such as beverages and cosmetics. Manufacturers must offer a comprehensive range of closure options, encompassing various sizes, colors, and designs, to meet brand and marketing requirements.

To stay ahead of evolving consumer preferences and packaging trends, market research, innovation, and a flexible production infrastructure are essential. Manufacturers must be prepared to invest in new technologies and adapt to changing market demands, all while ensuring product quality and safety.

In conclusion, the Global Plastic Caps and Closures Market encounters challenges related to environmental concerns and sustainability pressures, intensifying competition and price pressures, as well as evolving consumer preferences and packaging trends. Addressing these challenges necessitates a blend of innovation, sustainability efforts, cost management, and adaptability to remain competitive and meet the ever-changing demands of the market.

Key Market Trends

Sustainable Packaging Solutions and Eco-Friendly Materials

One of the notable trends influencing the Global Plastic Caps and Closures Market is the growing demand for sustainable packaging solutions and the adoption of eco-friendly materials. Sustainability has emerged as a crucial concern for consumers, businesses, and regulatory authorities worldwide, leading to a fundamental shift in packaging practices.

Within this trend, there is an increasing preference for caps and closures made from recycled, biodegradable, or compostable materials. Manufacturers are exploring innovative materials, such as bioplastics derived from renewable sources like corn starch or sugarcane. These materials offer the advantage of being biodegradable or compostable, thereby reducing their environmental impact.

Recycled plastics are also gaining momentum, with caps and closures being manufactured from post-consumer or post-industrial recycled materials. This not only decreases the consumption of virgin plastics but also addresses concerns related to plastic pollution and waste.

Furthermore, the adoption of lightweight designs and reduced material usage has become a common practice to minimize the environmental footprint of caps and closures. Manufacturers are investing in research and development to create sustainable options that do not compromise on functionality or performance.

Advanced Tamper-Evident and Safety Features

Another significant trend in the Global Plastic Caps and Closures Market is the emergence of advanced tamper-evident and safety features. With consumer safety and product integrity as top priorities, manufacturers are continuously innovating to enhance the security and protection of packaged goods.

Tamper-evident features have evolved beyond basic tear-away strips to incorporate more sophisticated technologies. These features provide both visual and tactile indicators of tampering, enabling consumers to easily identify if a product has been opened or compromised. Notable examples include shrink bands, induction seals, and holographic labels.

Furthermore, safety features such as child-resistant closures (CRC) have gained prominence, particularly in the pharmaceutical and household chemical industries. These closures are specifically designed to prevent young children from accessing the contents, thereby reducing the risk of accidental ingestion or exposure to hazardous substances.

In response to the growing influence of e-commerce, manufacturers are also focusing on developing closures that offer leak resistance during transit. These features are crucial in maintaining product integrity and safeguarding against damage during shipping.

Segmental Insights

Container type Insights

The Plastic segment holds a significant market share in the Global Plastic Caps and Closures Market. The plastic segment offers a diverse range of material options, including polyethylene (PE), polypropylene (PP), polyethylene terephthalate (PET), polystyrene (PS), and others. Each material possesses unique properties and advantages, enabling manufacturers to choose the most suitable one for specific applications.

Plastic caps and closures are highly regarded for their lightweight nature, resulting in reduced transportation costs and environmental impact. They are a cost-effective choice for manufacturers aiming to optimize their packaging budgets. Furthermore, plastic caps and closures provide abundant opportunities for customization and branding. Manufacturers can produce closures in various sizes, shapes, colors, and designs to align with brand identity and consumer preferences.

In industries such as pharmaceuticals and food, safety and product integrity are of paramount importance. Plastic closures can incorporate advanced tamper-evident features, such as induction seals, shrink bands, and tear-away strips, to protect consumers from tampered or compromised products. To meet sustainability demands, the plastic segment is adapting by exploring eco-friendly options, including closures made from recycled plastics or biodegradable materials. These materials effectively reduce the environmental impact of plastic closures and cater to consumers' eco-conscious preferences.

Compliance with regulatory requirements and safety standards is crucial in the plastic segment, particularly in industries like pharmaceuticals and food. Manufacturers must ensure that closures are designed and produced to meet these rigorous standards.

End-Use Sector Insights

The Pharmaceutical segment holds a significant market share in the Global Plastic Caps and Closures Market. The pharmaceutical sector is subject to stringent regulations and global quality standards. Pharmaceutical manufacturers must ensure that their products comply with the requirements of regulatory bodies, such as the U.S. Food and Drug Administration (FDA) in the United States and the European Medicines Agency (EMA) in Europe.

Safety and security are of utmost importance in pharmaceutical packaging. Incorporating tamper-evident features, such as shrink bands and breakable rings, is essential to guarantee the integrity of pharmaceutical products. These features provide visual cues to consumers, indicating whether the product has been tampered with.

Pharmaceuticals are highly sensitive to environmental factors, including moisture, oxygen, and light. Plastic closures used in the pharmaceutical segment often utilize high-barrier materials to protect against these elements. Sterile packaging is a critical requirement for pharmaceutical products. Plastic caps and closures used in this industry are frequently manufactured and handled under sterile conditions to prevent contamination.

Serialization and track-and-trace solutions are increasingly integrated into pharmaceutical packaging, driven by regulatory obligations to combat counterfeiting and ensure transparency in the supply chain. The pharmaceutical industry frequently demands customized caps and closures to align with brand identity and specific product requirements. Customization options may include embossed logos, color choices, and specialized designs.

Sustainability is gaining momentum in pharmaceutical packaging. Manufacturers are exploring eco-friendly alternatives, such as closures made from recycled materials or biodegradable plastics, to reduce the environmental impact of pharmaceutical packaging.

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Regional Insights

The Asia Pacific region is expected to dominate the market during the forecast period. The Asia Pacific region plays a crucial role in the Global Plastic Caps and Closures Market, driven by various factors, including a substantial consumer base, rapid urbanization, evolving consumer preferences, and expanding industries.

The beverage industry in the Asia Pacific region, particularly the bottled water and carbonated soft drinks segments, is witnessing significant growth. Consumers are increasingly opting for bottled beverages due to convenience and hygiene, thereby contributing to the demand for secure caps and closures.

Plastic caps and closures are vital components of cosmetic and personal care packaging, providing product protection, user-friendliness, and branding opportunities. Customized closures catering to cultural preferences are gaining popularity.

The pharmaceutical and healthcare sectors in Asia Pacific are expanding to meet the healthcare needs of a growing population. These industries rely on high-quality, tamper-evident, and child-resistant caps and closures to ensure the safety and integrity of medical products.

Sustainability concerns are gaining momentum in the Asia Pacific region, prompting a shift towards eco-friendly packaging solutions. Manufacturers are actively developing and promoting caps and closures made from recycled materials or biodegradable plastics.

The Asia Pacific region has diverse regulatory requirements and quality standards that manufacturers must comply with. Ensuring adherence to these standards, particularly in sectors like food and pharmaceuticals, is crucial for achieving success in the market.

Recent Developments

In December 2022, Rieke, a TriMas Packaging Brand, introduced the IMF-5 In-Mold Flexspout tamper-evident closure for plastic pails. This innovative solution aims to provide enhanced brand and product security to its customers, ensuring peace of mind.

Key Market Players

Silgan Holdings Inc.
Amcor Ltd
Crown Holdings Inc.
Aptar Group Inc.
Berry Global, Inc.
Albéa S.A.
Ball Corporation
Evergreen Packaging Inc.
Global Closure Systems
Guala Closures Group

By Product Type	By Container Type	By Raw Material	By Technology	By End-Use Sector	By Region
Screw-on caps Dispensing caps Others	Plastic Glass	PP HDPE LDPE Others	Post-Mold Te Band Compression Molding Injection Molding	Beverage Pharmaceutical Food Personal & homecare Others	North America Europe South America Middle East & Africa Asia Pacific

Report Scope:

In this report, the Global Plastic Caps and Closures Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Global Plastic Caps and Closures Market, By Product Type:

o Screw-on caps

o Dispensing caps

o Others

Global Plastic Caps and Closures Market, By Container Type:

o Plastic

o Glass

Global Plastic Caps and Closures Market, By Raw Material:

o PP

o HDPE

o LDPE

o Others

Global Plastic Caps and Closures Market, By Technology:

o Post-Mold Te Band

o Compression Molding

o Injection Molding

Global Plastic Caps and Closures Market, By End-Use Sector:

o Beverage

o Pharmaceutical

o Food

o Personal & homecare

o Others

Global Plastic Caps and Closures Market, By Region:

o North America

§ United States

§ Canada

§ Mexico

o Europe

§ France

§ United Kingdom

§ Italy

§ Germany

§ Spain

o Asia-Pacific

§ China

§ India

§ Japan

§ Australia

§ South Korea

o South America

§ Brazil

§ Argentina

§ Colombia

o Middle East & Africa

§ South Africa

§ Saudi Arabia

§ UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Plastic Caps and Closures Market.

Available Customizations:

Global Plastic Caps and Closures Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Global Plastic Caps and Closures Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Product Overview

1.1. Market Definition

1.2. Scope of the Market

1.2.1. Markets Covered

1.2.2. Years Considered for Study

1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validation

2.7. Assumptions and Limitations

3. Executive Summary

4. Voice of Customers

5. Global Plastic Caps and Closures Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.2. Market Share & Forecast

5.2.1. By Product Type (Screw-on caps, Dispensing caps and Others)

5.2.2. By Container Type (Plastic and Glass)

5.2.3. By Raw Material (PP, HDPE, LDPE and Others)

5.2.4. By Technology (Post-Mold Te Band, Compression Molding and Injection Molding)

5.2.5. By End-Use Sector (Beverage, Pharmaceutical, Food, Personal & homecare and Others)

5.2.6. By Region

5.3. By Company (2022)

5.4. Market Map

6. North America Plastic Caps and Closures Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Product Type

6.2.2. By Container Type

6.2.3. By Raw Material

6.2.4. By Technology

6.2.5. By End-Use Sector

6.2.6. By Country

6.3. North America: Country Analysis

6.3.1. United States Plastic Caps and Closures Market Outlook

6.3.1.1. Market Size & Forecast

6.3.1.1.1. By Value

6.3.1.2. Market Share & Forecast

6.3.1.2.1. By Product Type

6.3.1.2.2. By Container Type

6.3.1.2.3. By Raw Material

6.3.1.2.4. By Technology

6.3.1.2.5. By End-Use Sector

6.3.2. Canada Plastic Caps and Closures Market Outlook

6.3.2.1. Market Size & Forecast

6.3.2.1.1. By Value

6.3.2.2. Market Share & Forecast

6.3.2.2.1. By Product Type

6.3.2.2.2. By Container Type

6.3.2.2.3. By Raw Material

6.3.2.2.4. By Technology

6.3.2.2.5. By End-Use Sector

6.3.3. Mexico Plastic Caps and Closures Market Outlook

6.3.3.1. Market Size & Forecast

6.3.3.1.1. By Value

6.3.3.2. Market Share & Forecast

6.3.3.2.1. By Product Type

6.3.3.2.2. By Container Type

6.3.3.2.3. By Raw Material

6.3.3.2.4. By Technology

6.3.3.2.5. By End-Use Sector

7. Asia-Pacific Plastic Caps and Closures Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Product Type

7.2.2. By Container Type

7.2.3. By Raw Material

7.2.4. By Technology

7.2.5. By End-Use Sector

7.2.6. By Country

7.3. Asia-Pacific: Country Analysis

7.3.1. China Plastic Caps and Closures Market Outlook

7.3.1.1. Market Size & Forecast

7.3.1.1.1. By Value

7.3.1.2. Market Share & Forecast

7.3.1.2.1. By Product Type

7.3.1.2.2. By Container Type

7.3.1.2.3. By Raw Material

7.3.1.2.4. By Technology

7.3.1.2.5. By End-Use Sector

7.3.2. India Plastic Caps and Closures Market Outlook

7.3.2.1. Market Size & Forecast

7.3.2.1.1. By Value

7.3.2.2. Market Share & Forecast

7.3.2.2.1. By Product Type

7.3.2.2.2. By Container Type

7.3.2.2.3. By Raw Material

7.3.2.2.4. By Technology

7.3.2.2.5. By End-Use Sector

7.3.3. Japan Plastic Caps and Closures Market Outlook

7.3.3.1. Market Size & Forecast

7.3.3.1.1. By Value

7.3.3.2. Market Share & Forecast

7.3.3.2.1. By Product Type

7.3.3.2.2. By Container Type

7.3.3.2.3. By Raw Material

7.3.3.2.4. By Technology

7.3.3.2.5. By End-Use Sector

7.3.4. South Korea Plastic Caps and Closures Market Outlook

7.3.4.1. Market Size & Forecast

7.3.4.1.1. By Value

7.3.4.2. Market Share & Forecast

7.3.4.2.1. By Product Type

7.3.4.2.2. By Container Type

7.3.4.2.3. By Raw Material

7.3.4.2.4. By Technology

7.3.4.2.5. By End-Use Sector

7.3.5. Australia Plastic Caps and Closures Market Outlook

7.3.5.1. Market Size & Forecast

7.3.5.1.1. By Value

7.3.5.2. Market Share & Forecast

7.3.5.2.1. By Product Type

7.3.5.2.2. By Container Type

7.3.5.2.3. By Raw Material

7.3.5.2.4. By Technology

7.3.5.2.5. By End-Use Sector

8. Europe Plastic Caps and Closures Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Product Type

8.2.2. By Container Type

8.2.3. By Raw Material

8.2.4. By Technology

8.2.5. By End-Use Sector

8.2.6. By Country

8.3. Europe: Country Analysis

8.3.1. Germany Plastic Caps and Closures Market Outlook

8.3.1.1. Market Size & Forecast

8.3.1.1.1. By Value

8.3.1.2. Market Share & Forecast

8.3.1.2.1. By Product Type

8.3.1.2.2. By Container Type

8.3.1.2.3. By Raw Material

8.3.1.2.4. By Technology

8.3.1.2.5. By End-Use Sector

8.3.2. United Kingdom Plastic Caps and Closures Market Outlook

8.3.2.1. Market Size & Forecast

8.3.2.1.1. By Value

8.3.2.2. Market Share & Forecast

8.3.2.2.1. By Product Type

8.3.2.2.2. By Container Type

8.3.2.2.3. By Raw Material

8.3.2.2.4. By Technology

8.3.2.2.5. By End-Use Sector

8.3.3. France Plastic Caps and Closures Market Outlook

8.3.3.1. Market Size & Forecast

8.3.3.1.1. By Value

8.3.3.2. Market Share & Forecast

8.3.3.2.1. By Product Type

8.3.3.2.2. By Container Type

8.3.3.2.3. By Raw Material

8.3.3.2.4. By Technology

8.3.3.2.5. By End-Use Sector

8.3.4. Italy Plastic Caps and Closures Market Outlook

8.3.4.1. Market Size & Forecast

8.3.4.1.1. By Value

8.3.4.2. Market Share & Forecast

8.3.4.2.1. By Product Type

8.3.4.2.2. By Container Type

8.3.4.2.3. By Raw Material

8.3.4.2.4. By Technology

8.3.4.2.5. By End-Use Sector

8.3.5. Spain Plastic Caps and Closures Market Outlook

8.3.5.1. Market Size & Forecast

8.3.5.1.1. By Value

8.3.5.2. Market Share & Forecast

8.3.5.2.1. By Product Type

8.3.5.2.2. By Container Type

8.3.5.2.3. By Raw Material

8.3.5.2.4. By Technology

8.3.5.2.5. By End-Use Sector

9. South America Plastic Caps and Closures Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Product Type

9.2.2. By Container Type

9.2.3. By Raw Material

9.2.4. By Technology

9.2.5. By End-Use Sector

9.2.6. By Country

9.3. South America: Country Analysis

9.3.1. Brazil Plastic Caps and Closures Market Outlook

9.3.1.1. Market Size & Forecast

9.3.1.1.1. By Value

9.3.1.2. Market Share & Forecast

9.3.1.2.1. By Product Type

9.3.1.2.2. By Container Type

9.3.1.2.3. By Raw Material

9.3.1.2.4. By Technology

9.3.1.2.5. By End-Use Sector

9.3.2. Argentina Plastic Caps and Closures Market Outlook

9.3.2.1. Market Size & Forecast

9.3.2.1.1. By Value

9.3.2.2. Market Share & Forecast

9.3.2.2.1. By Product Type

9.3.2.2.2. By Container Type

9.3.2.2.3. By Raw Material

9.3.2.2.4. By Technology

9.3.2.2.5. By End-Use Sector

9.3.3. Colombia Plastic Caps and Closures Market Outlook

9.3.3.1. Market Size & Forecast

9.3.3.1.1. By Value

9.3.3.2. Market Share & Forecast

9.3.3.2.1. By Product Type

9.3.3.2.2. By Container Type

9.3.3.2.3. By Raw Material

9.3.3.2.4. By Technology

9.3.3.2.5. By End-Use Sector

10. Middle East & Africa Plastic Caps and Closures Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Product Type

10.2.2. By Container Type

10.2.3. By Raw Material

10.2.4. By Technology

10.2.5. By End-Use Sector

10.2.6. By Country

10.3. Middle East & Africa: Country Analysis

10.3.1. Saudi Arabia Plastic Caps and Closures Market Outlook

10.3.1.1. Market Size & Forecast

10.3.1.1.1. By Value

10.3.1.2. Market Share & Forecast

10.3.1.2.1. By Product Type

10.3.1.2.2. By Container Type

10.3.1.2.3. By Raw Material

10.3.1.2.4. By Technology

10.3.1.2.5. By End-Use Sector

10.3.2. South Africa Plastic Caps and Closures Market Outlook

10.3.2.1. Market Size & Forecast

10.3.2.1.1. By Value

10.3.2.2. Market Share & Forecast

10.3.2.2.1. By Product Type

10.3.2.2.2. By Container Type

10.3.2.2.3. By Raw Material

10.3.2.2.4. By Technology

10.3.2.2.5. By End-Use Sector

10.3.3. UAE Plastic Caps and Closures Market Outlook

10.3.3.1. Market Size & Forecast

10.3.3.1.1. By Value

10.3.3.2. Market Share & Forecast

10.3.3.2.1. By Product Type

10.3.3.2.2. By Container Type

10.3.3.2.3. By Raw Material

10.3.3.2.4. By Technology

10.3.3.2.5. By End-Use Sector

11. Market Dynamics

11.1. Drivers

11.2. Challenge

12. Market Trends & Developments

13. Company Profiles

13.1. Silgan Holdings Inc.

13.1.1. Business Overview

13.1.2. Key Revenue and Financials

13.1.3. Recent Developments

13.1.4. Key Personnel

13.1.5. Key Product/Services

13.2. Amcor Ltd

13.2.1. Business Overview

13.2.2. Key Revenue and Financials

13.2.3. Recent Developments

13.2.4. Key Personnel

13.2.5. Key Product/Services

13.3. Crown Holdings Inc.

13.3.1. Business Overview

13.3.2. Key Revenue and Financials

13.3.3. Recent Developments

13.3.4. Key Personnel

13.3.5. Key Product/Services

13.4. Aptar Group Inc.

13.4.1. Business Overview

13.4.2. Key Revenue and Financials

13.4.3. Recent Developments

13.4.4. Key Personnel

13.4.5. Key Product/Services

13.5. Berry Global, Inc.

13.5.1. Business Overview

13.5.2. Key Revenue and Financials

13.5.3. Recent Developments

13.5.4. Key Personnel

13.5.5. Key Product/Services

13.6. Albéa S.A.

13.6.1. Business Overview

13.6.2. Key Revenue and Financials

13.6.3. Recent Developments

13.6.4. Key Personnel

13.6.5. Key Product/Services

13.7. Ball Corporation

13.7.1. Business Overview

13.7.2. Key Revenue and Financials

13.7.3. Recent Developments

13.7.4. Key Personnel

13.7.5. Key Product/Services

13.8. Evergreen Packaging Inc.

13.8.1. Business Overview

13.8.2. Key Revenue and Financials

13.8.3. Recent Developments

13.8.4. Key Personnel

13.8.5. Key Product/Services

13.9. Global Closure Systems

13.9.1. Business Overview

13.9.2. Key Revenue and Financials

13.9.3. Recent Developments

13.9.4. Key Personnel

13.9.5. Key Product/Services

13.10. Guala Closures Group

13.10.1. Business Overview

13.10.2. Key Revenue and Financials

13.10.3. Recent Developments

13.10.4. Key Personnel

13.10.5. Key Product/Services

14. Strategic Recommendations

15. About Us & Disclaimer

Figures and Tables

Frequently asked questions

What was the market size of the Global Plastic Caps and Closures Market in 2022?

The market size of the Global Plastic Caps and Closures Market was USD 62.85 billion in 2022.

Which was the dominant segment in the Global Plastic Caps and Closures Market in 2022?

Plastic segment was the dominant segment in the Global Plastic Caps and Closures Market in 2022. The plastic segment offers a diverse range of material options, including polyethylene (PE), polypropylene (PP), polyethylene terephthalate (PET), polystyrene (PS), and others. Each material possesses unique properties and advantages, enabling manufacturers to choose the most suitable one for specific applications.