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Plastic Caps & Closures Market Outlook (2023 to 2033)

The global plastic caps & closures market size is foreseen to gain significant growth from 2023 to 2033. According to the research report published by Future Market Insights, the global market is poised to surpass a valuation of US$ 45,913.6 million in 2023. It is anticipated to attain a valuation of US$ 76,953.0 million by 2033. The market is anticipated to exhibit a noteworthy CAGR of 5.3% from 2023 to 2033.

As per FMI estimates, the plastic caps & closures market is anticipated to create an incremental opportunity of US$ 18 billion by the end of 2033. The market recorded US$ 43,602.7 million by market value in 2022, according to FMI. The overall plastic caps & closures market is likely to expand 1.4x the current market value by the end of 2033.

In terms of cap type, screw closures accounted for nearly ¾ of the plastic caps & closures market by market value in 2022. In terms of end-user, the beverage segment is expected to lead the market-by-market share during the forecast period.

Asia Pacific excluding Japan and North America regions are estimated to account for around ½ of the global plastic caps & closures market by the end of 2033. During the projection period, it is predicted that the United States to have profitable growth. Regional market growth is anticipated to be supported by the increasing product developments, and growing food and beverage sector.

Attributes Details
Plastic Caps & Closures Market Share (2022) US$ 43,602.7 million
Plastic Caps & Closures Market Share (2023) US$ 45,913.6 million
Plastic Caps & Closures Market Share (2033) US$ 76,953.0 million
Plastic Caps & Closures Market Share (2023 to 2033) 5.3%

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Plastic Caps & Closures Market Historical Analysis (2018 to 2022) Vs. Forecast Outlook (2023 to 2033)

In 2018, the global size stood at US$ 36,420.4 million. From 2018 to 2022, the market witnessed significant growth, accounting for US$ 43,602.7 million in 2022. The market developed at a moderate CAGR of 4.6% from 2018 to 2022.

Plastic caps and closures are safe and secure packaging solutions commonly used for packing and sealing different types of bottles, tubes, containers, and jars. These are the final components of the packaging process predominantly used in end industries such as food, beverage, pharmaceutical, cosmetics, and personal care. The plastic material used to manufacture plastic caps and closures is thermoplastic and thermosets.

Plastic caps and closures are recyclable and lightweight, making them ideal for packaging a variety of carbonated & non-carbonated beverages and industrial goods. There are various types of plastic caps and closures in the market but, the mainstream is held by plastic screw and snap caps & closures segments.

The future demand and market growth for plastic caps & closures is promising. This is due to its highly recyclable and convenient packaging outlook and its increasing applications in food & beverage packaging. Furthermore, the demand for plastic caps and closures is likely to rise as consumers are shifting their focus to convenient packaging solutions. Back on the results and impact of all these factors, the global market is likely to witness an incremental opportunity of US$ 18 billion over the forecast period.

How does the Rising Consumption of Carbonated and Non-Carbonated Drinks Boost the Sales of Plastic Caps and Closures?

The carbonated and non-carbonated drinks segment was valued at US$ 20.2 billion in 2021, as per FMI. Plastic caps and closures are used in the beverage segment for sealing different types of bottles. The demand for various carbonated and non-carbonated drinks has sharply increased in recent years. The rising consumption of carbonated and non-carbonated drinks is mainly driven by the increasing millennial population in developing countries, coupled with the growing disposable incomes of consumers.

The demand for diet drinks contributes to the high growth of the market, owing to the changing consumer preferences toward healthy lifestyles. The beverage segment is projected to witness the maximum market value by end-use during the forecast period.

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Category-wise Insights

How Screw Closures as a Product Type, Leading the Global Plastic Caps & Closures Market Growth?

The screw closures segment is likely to account for around ¾ of the global market by the end of 2033, owing to its ease of use and low operating torque. The introduction of new beverage categories in the beverage segment such as ready-to-drink beverages, fruit beverages, and sports drinks is likely to boost the demand for screw closures in the coming years.

Asia Pacific caps & closures market is expected to witness maximum growth over the forecast period, owing to the flourishing food and beverage industry in the region. In 2022, the screw closures segment captured 71.0% market share.

Why do Thermoplastics Remain a Preferred Material for Plastic Caps and Closures?

Thermoplastics accounted for nearly 97% of the total market share in 2022 and are likely to maintain their market share in the forecast period. The characteristics of thermoplastics such as lightweight, high strength, and low processing cost give them an edge over thermosets.

Polypropylene is predicted to lead the market among thermoplastics, whereas LDPE and HDPE are likely to observe notable growth in the coming years. Thermosets are experiencing decreasing share in the market as they are not recyclable.

Which End-use Segment is Predicted to Emerge Dominant?

The beverage segment by end-use is anticipated to emerge dominant during the forecast period. In 2022, the beverage segment captured 49.1% market share. The increasing demand for packaged and ready-to-drink beverages, such as sports drinks, energy drinks, bottled water, and others boosts the demand for plastic caps and closures.

The rising innovations have resulted in the development of various closure types, including child-resistant closures, tamper-evident seals, dispensing mechanisms, and others. The manufacturers in the market are continuously invested in research and development to enhance brand differentiation and consumer convenience. These factors are likely to bolster market expansion in the coming years.

Comparative View of the Adjacent Plastic Caps & Closures Market

Plastic Caps & Closures Market:

Attributes Plastic Caps & Closures Market
CAGR (2023 to 2033) 5.3%
Market Value (2023) US$ 45,913.6 million
Growth Factor Rising production of packaged food and beverages.
Future Opportunity Surging consumption of bottled water and carbonated and non-carbonated drinks.
Market Trends Growing inclination toward healthy lifestyles.

Flat Valve Caps and Closures Market:

Attributes Flat Valve Caps and Closures Market
CAGR (2023 to 2033) 12%
Market Value (2023) US$ 14.21 billion
Growth Factor Surging use in food packaging.
Future Opportunity Increasing mergers, acquisitions, and strategic collaborations to expand product portfolios.
Market Trends Rising innovations across the industry.

Sport Caps and Closures Market:

Attributes Sport Caps and Closures Market
CAGR (2023 to 2033) 4.4%
Market Value (2023) US$ 1,074 million
Growth Factor Increasing use in packaged food and beverage industry.
Future Opportunity Launch of innovative packaging solutions.
Market Trends Increasing trend of sustainability.

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Country-wise Insights

Why is the United States Considered a Notable Market for Plastic Caps & Closures?

The United States plastic caps & closures market was worth US$ 8 billion in 2021 and is estimated to be worth more than US$ 10.5 billion by 2029, registering a CAGR of 3.7% from 2023 to 2023. In 2022, the United States accounted for 18.9% of market shares. It is one of the significant markets for plastic caps & closures and is expected to hold a dominant market share by value in North America region.

The United States beverage industry is expected to upsurge the demand for caps & closures for its packaging products with the introduction of a new variety of beverages in the country. The rising demand for bottled water is one of the prominent driving factors for the growth of the caps & closures market in the United States. The packaging of beverages such as energy drinks, diet drinks, and sports drinks, dairy is likely to accelerate the growth of the caps & closures market in the country.

Country The United States
CAGR Share in Global Market (2022) 18.9%

Competitive Landscape

Key Players Launch Innovative Products to Garner Growth

The leading, as well as small-scale manufacturers operating in the global market, are focusing on the changing industry needs of the end-user and manufacturing it accordingly. The key players in the market are adopting market strategies like product portfolio expansions and mergers and acquisitions to maximize their business reach and enhance their market position.

Recent Developments Observed by FMI

  • In May 2023, Aptar launched a new convenient product packaging for Ferrero’s sweet tea soft drink brand ‘Estathè”. Ferrero chose Aptar’s Rocket sports cap to package Estathè.
  • In March 2023, United Caps introduced a new tethered closure for carton packaging. The new 23 H-PAK tethered solution includes a Tamper-Evident (TE) band that preserves all parts intact for fast recycling and is simple to integrate with current procedures.
  • In January 2023, Mespack and Hoffer launched spout and cap closure. The new closure is made of monolayer material and uses 20% less plastic.
  • In September 2021, Silgan Plastics, a leading supplier of sustainable rigid packaging solutions, acquired Gateway Plastics. Gateway Plastics manufactures dispensing closures and provides integrated dispensing packaging solutions to the food and beverage sector. The acquisition is aimed to help Silgan Plastics expand its comprehensive product offerings in dispensing and specialty closures.
  • In June 2021, BERICAP, a leading manufacturer of plastic closures acquired, Mala Verschluss-Systeme GmbH. Mala is a manufacturer of aluminum closures. With the acquisition of Mala, BERICAP includes aluminum closures in its product portfolio and develops innovative closure technologies combining plastic and aluminum.
  • In January 2022, Aptar Global, Inc. introduced a new product segment – PolkaLite. PolkaLite is a light and efficient closure that brings convenience and high performance.

Key Players in the Global Market

  • Berry Global Inc.
  • Amcor Plc
  • Silgan Plastics
  • Aptar Inc.
  • O.Berk Company LLC
  • Bericap GmbH & Co KG
  • UNITED CAPS
  • CL Smith Company
  • Closure Systems International Inc.
  • BLACKHAWK MOLDING CO. Inc.
  • Georg MENSHEN GmbH & Co. KG
  • Mold-Rite Plastic LLC
  • Plasticap Inc.
  • Guala Closures S.p.A.
  • Weener Plastik GmbH

Scope of the Report

Attribute Details
Forecast Period 2023 to 2033
Historical Data Available for 2018 to 2022
Market Analysis US$ million for Value, million Units for Volume
Key Regions Covered
  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • The Middle East & Africa (MEA)
Key Countries Covered
  • The United States
  • Canada
  • Germany
  • The United Kingdom
  • Nordic
  • Russia
  • BENELUX
  • Poland
  • France
  • Spain
  • Italy
  • Czech Republic
  • Hungary
  • Rest of EMEAI
  • Brazil
  • Peru
  • Argentina
  • Mexico
  • South Africa
  • Northern Africa
  • GCC Countries
  • China
  • Japan
  • South Korea
  • India
  • ASIAN
  • Thailand
  • Malaysia
  • Indonesia
  • Australia
  • New Zealand
  • Others
Key Segments Covered
  • Caps Type
  • Material Type
  • End-use
  • Region
Report Coverage Market Forecast, Company Share Analysis, Competition Intelligence, Trend Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives

Plastic Caps & Closures Market Segmentation

By Caps Type:

  • Screw Closures
  • Snap Closures
  • Push-Pull Closures
  • Others

By Material Type:

  • Thermoplastic
    • PE
      • LDPE/LLDPE
      • HDPE
    • PP
    • Others (PS, PET, etc.)
  • Thermosets

By End-use:

  • Beverage
  • Food
  • Pharmaceutical
  • Household
  • Cosmetics & Personal Care
  • Others (Chemicals, Fertilizers, etc.)

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • The Middle East & Africa (MEA)

Frequently Asked Questions

What is Current Market Valuation?

The market is estimated to secure a valuation of US$ 45,913.6 million in 2023.

How Big Will be the Market by 2033?

The market is estimated to reach US$ 76,953.0 million by 2033.

What is the Growth Potential of the Market?

Through 2033, the market is anticipated to expand at a 5.3% CAGR.

Which Caps Type Segment to Lead the Market by 2023?

The market share for screw closures is going to be 71.0%.

Which Material Type to Lead the Market by 2023?

Thermoplastics with 97% of the market share lead the category.

Table of Content

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Background

    3.1. Market Dynamics

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunity

        3.1.4. Trends

    3.2. Scenario Forecast

        3.2.1. Demand in Optimistic Scenario

        3.2.2. Demand in Likely Scenario

        3.2.3. Demand in Conservative Scenario

    3.3. Opportunity Map Analysis

    3.4. Product Life Cycle Analysis

    3.5. Supply Chain Analysis

        3.5.1. Supply Side Participants and their Roles

            3.5.1.1. Producers

            3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)

            3.5.1.3. Wholesalers and Distributors

        3.5.2. Value Added and Value Created at Node in the Supply Chain

        3.5.3. List of Raw Material Suppliers

        3.5.4. List of Existing and Potential Buyer’s

    3.6. Investment Feasibility Matrix

    3.7. Value Chain Analysis

        3.7.1. Profit Margin Analysis

        3.7.2. Wholesalers and Distributors

        3.7.3. Retailers

    3.8. PESTLE and Porter’s Analysis

    3.9. Regulatory Landscape

        3.9.1. By Key Regions

        3.9.2. By Key Countries

    3.10. Regional Parent Market Outlook

    3.11. Production and Consumption Statistics

    3.12. Import and Export Statistics

4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033

    4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2018 to 2022

    4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2023 to 2033

        4.2.1. Y-o-Y Growth Trend Analysis

        4.2.2. Absolute $ Opportunity Analysis

5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Caps Type

    5.1. Introduction / Key Findings

    5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Caps Type, 2018 to 2022

    5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Caps Type, 2023 to 2033

        5.3.1. Screw Closures

        5.3.2. Snap Closures

        5.3.3. Push-Pull Closures

        5.3.4. Others

    5.4. Y-o-Y Growth Trend Analysis By Caps Type, 2018 to 2022

    5.5. Absolute $ Opportunity Analysis By Caps Type, 2023 to 2033

6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Material Type

    6.1. Introduction / Key Findings

    6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Material Type, 2018 to 2022

    6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Material Type, 2023 to 2033

        6.3.1. Thermoplastic

            6.3.1.1. LDPE/LLDPE

            6.3.1.2. HDPE

            6.3.1.3. PP

            6.3.1.4. Others

        6.3.2. Thermosets

    6.4. Y-o-Y Growth Trend Analysis By Material Type, 2018 to 2022

    6.5. Absolute $ Opportunity Analysis By Material Type, 2023 to 2033

7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End Use

    7.1. Introduction / Key Findings

    7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By End Use, 2018 to 2022

    7.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By End Use, 2023 to 2033

        7.3.1. Beverage

        7.3.2. Food

        7.3.3. Pharmaceutical

        7.3.4. Household

        7.3.5. Cosmetics & Personal Care

        7.3.6. Others

    7.4. Y-o-Y Growth Trend Analysis By End Use, 2018 to 2022

    7.5. Absolute $ Opportunity Analysis By End Use, 2023 to 2033

8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region

    8.1. Introduction

    8.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2018 to 2022

    8.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2023 to 2033

        8.3.1. North America

        8.3.2. Latin America

        8.3.3. Europe

        8.3.4. Asia Pacific

        8.3.5. MEA

    8.4. Market Attractiveness Analysis By Region

9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

    9.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022

    9.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033

        9.2.1. By Country

            9.2.1.1. The USA

            9.2.1.2. Canada

        9.2.2. By Caps Type

        9.2.3. By Material Type

        9.2.4. By End Use

    9.3. Market Attractiveness Analysis

        9.3.1. By Country

        9.3.2. By Caps Type

        9.3.3. By Material Type

        9.3.4. By End Use

    9.4. Key Takeaways

10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

    10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022

    10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033

        10.2.1. By Country

            10.2.1.1. Brazil

            10.2.1.2. Mexico

            10.2.1.3. Rest of Latin America

        10.2.2. By Caps Type

        10.2.3. By Material Type

        10.2.4. By End Use

    10.3. Market Attractiveness Analysis

        10.3.1. By Country

        10.3.2. By Caps Type

        10.3.3. By Material Type

        10.3.4. By End Use

    10.4. Key Takeaways

11. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

    11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022

    11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033

        11.2.1. By Country

            11.2.1.1. Germany

            11.2.1.2. United Kingdom

            11.2.1.3. France

            11.2.1.4. Spain

            11.2.1.5. Italy

            11.2.1.6. Rest of Europe

        11.2.2. By Caps Type

        11.2.3. By Material Type

        11.2.4. By End Use

    11.3. Market Attractiveness Analysis

        11.3.1. By Country

        11.3.2. By Caps Type

        11.3.3. By Material Type

        11.3.4. By End Use

    11.4. Key Takeaways

12. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

    12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022

    12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033

        12.2.1. By Country

            12.2.1.1. China

            12.2.1.2. Japan

            12.2.1.3. South Korea

            12.2.1.4. Singapore

            12.2.1.5. Thailand

            12.2.1.6. Indonesia

            12.2.1.7. Australia

            12.2.1.8. New Zealand

            12.2.1.9. Rest of Asia Pacific

        12.2.2. By Caps Type

        12.2.3. By Material Type

        12.2.4. By End Use

    12.3. Market Attractiveness Analysis

        12.3.1. By Country

        12.3.2. By Caps Type

        12.3.3. By Material Type

        12.3.4. By End Use

    12.4. Key Takeaways

13. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country

    13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022

    13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033

        13.2.1. By Country

            13.2.1.1. GCC Countries

            13.2.1.2. South Africa

            13.2.1.3. Israel

            13.2.1.4. Rest of MEA

        13.2.2. By Caps Type

        13.2.3. By Material Type

        13.2.4. By End Use

    13.3. Market Attractiveness Analysis

        13.3.1. By Country

        13.3.2. By Caps Type

        13.3.3. By Material Type

        13.3.4. By End Use

    13.4. Key Takeaways

14. Key Countries Market Analysis

    14.1. USA

        14.1.1. Pricing Analysis

        14.1.2. Market Share Analysis, 2022

            14.1.2.1. By Caps Type

            14.1.2.2. By Material Type

            14.1.2.3. By End Use

    14.2. Canada

        14.2.1. Pricing Analysis

        14.2.2. Market Share Analysis, 2022

            14.2.2.1. By Caps Type

            14.2.2.2. By Material Type

            14.2.2.3. By End Use

    14.3. Brazil

        14.3.1. Pricing Analysis

        14.3.2. Market Share Analysis, 2022

            14.3.2.1. By Caps Type

            14.3.2.2. By Material Type

            14.3.2.3. By End Use

    14.4. Mexico

        14.4.1. Pricing Analysis

        14.4.2. Market Share Analysis, 2022

            14.4.2.1. By Caps Type

            14.4.2.2. By Material Type

            14.4.2.3. By End Use

    14.5. Germany

        14.5.1. Pricing Analysis

        14.5.2. Market Share Analysis, 2022

            14.5.2.1. By Caps Type

            14.5.2.2. By Material Type

            14.5.2.3. By End Use

    14.6. United Kingdom

        14.6.1. Pricing Analysis

        14.6.2. Market Share Analysis, 2022

            14.6.2.1. By Caps Type

            14.6.2.2. By Material Type

            14.6.2.3. By End Use

    14.7. France

        14.7.1. Pricing Analysis

        14.7.2. Market Share Analysis, 2022

            14.7.2.1. By Caps Type

            14.7.2.2. By Material Type

            14.7.2.3. By End Use

    14.8. Spain

        14.8.1. Pricing Analysis

        14.8.2. Market Share Analysis, 2022

            14.8.2.1. By Caps Type

            14.8.2.2. By Material Type

            14.8.2.3. By End Use

    14.9. Italy

        14.9.1. Pricing Analysis

        14.9.2. Market Share Analysis, 2022

            14.9.2.1. By Caps Type

            14.9.2.2. By Material Type

            14.9.2.3. By End Use

    14.10. China

        14.10.1. Pricing Analysis

        14.10.2. Market Share Analysis, 2022

            14.10.2.1. By Caps Type

            14.10.2.2. By Material Type

            14.10.2.3. By End Use

    14.11. Japan

        14.11.1. Pricing Analysis

        14.11.2. Market Share Analysis, 2022

            14.11.2.1. By Caps Type

            14.11.2.2. By Material Type

            14.11.2.3. By End Use

    14.12. South Korea

        14.12.1. Pricing Analysis

        14.12.2. Market Share Analysis, 2022

            14.12.2.1. By Caps Type

            14.12.2.2. By Material Type

            14.12.2.3. By End Use

    14.13. Singapore

        14.13.1. Pricing Analysis

        14.13.2. Market Share Analysis, 2022

            14.13.2.1. By Caps Type

            14.13.2.2. By Material Type

            14.13.2.3. By End Use

    14.14. Thailand

        14.14.1. Pricing Analysis

        14.14.2. Market Share Analysis, 2022

            14.14.2.1. By Caps Type

            14.14.2.2. By Material Type

            14.14.2.3. By End Use

    14.15. Indonesia

        14.15.1. Pricing Analysis

        14.15.2. Market Share Analysis, 2022

            14.15.2.1. By Caps Type

            14.15.2.2. By Material Type

            14.15.2.3. By End Use

    14.16. Australia

        14.16.1. Pricing Analysis

        14.16.2. Market Share Analysis, 2022

            14.16.2.1. By Caps Type

            14.16.2.2. By Material Type

            14.16.2.3. By End Use

    14.17. New Zealand

        14.17.1. Pricing Analysis

        14.17.2. Market Share Analysis, 2022

            14.17.2.1. By Caps Type

            14.17.2.2. By Material Type

            14.17.2.3. By End Use

    14.18. GCC Countries

        14.18.1. Pricing Analysis

        14.18.2. Market Share Analysis, 2022

            14.18.2.1. By Caps Type

            14.18.2.2. By Material Type

            14.18.2.3. By End Use

    14.19. South Africa

        14.19.1. Pricing Analysis

        14.19.2. Market Share Analysis, 2022

            14.19.2.1. By Caps Type

            14.19.2.2. By Material Type

            14.19.2.3. By End Use

    14.20. Israel

        14.20.1. Pricing Analysis

        14.20.2. Market Share Analysis, 2022

            14.20.2.1. By Caps Type

            14.20.2.2. By Material Type

            14.20.2.3. By End Use

15. Market Structure Analysis

    15.1. Competition Dashboard

    15.2. Competition Benchmarking

    15.3. Market Share Analysis of Top Players

        15.3.1. By Regional

        15.3.2. By Caps Type

        15.3.3. By Material Type

        15.3.4. By End Use

16. Competition Analysis

    16.1. Competition Deep Dive

        16.1.1. Berry Global, Inc.

            16.1.1.1. Overview

            16.1.1.2. Product Portfolio

            16.1.1.3. Profitability by Market Segments

            16.1.1.4. Sales Footprint

            16.1.1.5. Strategy Overview

                16.1.1.5.1. Marketing Strategy

                16.1.1.5.2. Product Strategy

                16.1.1.5.3. Channel Strategy

        16.1.2. Amcor plc

            16.1.2.1. Overview

            16.1.2.2. Product Portfolio

            16.1.2.3. Profitability by Market Segments

            16.1.2.4. Sales Footprint

            16.1.2.5. Strategy Overview

                16.1.2.5.1. Marketing Strategy

                16.1.2.5.2. Product Strategy

                16.1.2.5.3. Channel Strategy

        16.1.3. Silgan Plastics

            16.1.3.1. Overview

            16.1.3.2. Product Portfolio

            16.1.3.3. Profitability by Market Segments

            16.1.3.4. Sales Footprint

            16.1.3.5. Strategy Overview

                16.1.3.5.1. Marketing Strategy

                16.1.3.5.2. Product Strategy

                16.1.3.5.3. Channel Strategy

        16.1.4. Aptar, Inc.

            16.1.4.1. Overview

            16.1.4.2. Product Portfolio

            16.1.4.3. Profitability by Market Segments

            16.1.4.4. Sales Footprint

            16.1.4.5. Strategy Overview

                16.1.4.5.1. Marketing Strategy

                16.1.4.5.2. Product Strategy

                16.1.4.5.3. Channel Strategy

        16.1.5. O.Berk Company, LLC

            16.1.5.1. Overview

            16.1.5.2. Product Portfolio

            16.1.5.3. Profitability by Market Segments

            16.1.5.4. Sales Footprint

            16.1.5.5. Strategy Overview

                16.1.5.5.1. Marketing Strategy

                16.1.5.5.2. Product Strategy

                16.1.5.5.3. Channel Strategy

        16.1.6. Bericap GmbH & Co KG

            16.1.6.1. Overview

            16.1.6.2. Product Portfolio

            16.1.6.3. Profitability by Market Segments

            16.1.6.4. Sales Footprint

            16.1.6.5. Strategy Overview

                16.1.6.5.1. Marketing Strategy

                16.1.6.5.2. Product Strategy

                16.1.6.5.3. Channel Strategy

        16.1.7. UNITED CAPS

            16.1.7.1. Overview

            16.1.7.2. Product Portfolio

            16.1.7.3. Profitability by Market Segments

            16.1.7.4. Sales Footprint

            16.1.7.5. Strategy Overview

                16.1.7.5.1. Marketing Strategy

                16.1.7.5.2. Product Strategy

                16.1.7.5.3. Channel Strategy

        16.1.8. CL Smith Company

            16.1.8.1. Overview

            16.1.8.2. Product Portfolio

            16.1.8.3. Profitability by Market Segments

            16.1.8.4. Sales Footprint

            16.1.8.5. Strategy Overview

                16.1.8.5.1. Marketing Strategy

                16.1.8.5.2. Product Strategy

                16.1.8.5.3. Channel Strategy

        16.1.9. Closure Systems International, Inc.

            16.1.9.1. Overview

            16.1.9.2. Product Portfolio

            16.1.9.3. Profitability by Market Segments

            16.1.9.4. Sales Footprint

            16.1.9.5. Strategy Overview

                16.1.9.5.1. Marketing Strategy

                16.1.9.5.2. Product Strategy

                16.1.9.5.3. Channel Strategy

        16.1.10. BLACKHAWK MOLDING CO., Inc.

            16.1.10.1. Overview

            16.1.10.2. Product Portfolio

            16.1.10.3. Profitability by Market Segments

            16.1.10.4. Sales Footprint

            16.1.10.5. Strategy Overview

                16.1.10.5.1. Marketing Strategy

                16.1.10.5.2. Product Strategy

                16.1.10.5.3. Channel Strategy

        16.1.11. Georg MENSHEN GmbH & Co. KG

            16.1.11.1. Overview

            16.1.11.2. Product Portfolio

            16.1.11.3. Profitability by Market Segments

            16.1.11.4. Sales Footprint

            16.1.11.5. Strategy Overview

                16.1.11.5.1. Marketing Strategy

                16.1.11.5.2. Product Strategy

                16.1.11.5.3. Channel Strategy

        16.1.12. Mold-Rite Plastic, LLC

            16.1.12.1. Overview

            16.1.12.2. Product Portfolio

            16.1.12.3. Profitability by Market Segments

            16.1.12.4. Sales Footprint

            16.1.12.5. Strategy Overview

                16.1.12.5.1. Marketing Strategy

                16.1.12.5.2. Product Strategy

                16.1.12.5.3. Channel Strategy

        16.1.13. Plasticap Inc.

            16.1.13.1. Overview

            16.1.13.2. Product Portfolio

            16.1.13.3. Profitability by Market Segments

            16.1.13.4. Sales Footprint

            16.1.13.5. Strategy Overview

                16.1.13.5.1. Marketing Strategy

                16.1.13.5.2. Product Strategy

                16.1.13.5.3. Channel Strategy

        16.1.14. Guala Closures S.p.A

            16.1.14.1. Overview

            16.1.14.2. Product Portfolio

            16.1.14.3. Profitability by Market Segments

            16.1.14.4. Sales Footprint

            16.1.14.5. Strategy Overview

                16.1.14.5.1. Marketing Strategy

                16.1.14.5.2. Product Strategy

                16.1.14.5.3. Channel Strategy

        16.1.15. Weener Plastik GmbH.

            16.1.15.1. Overview

            16.1.15.2. Product Portfolio

            16.1.15.3. Profitability by Market Segments

            16.1.15.4. Sales Footprint

            16.1.15.5. Strategy Overview

                16.1.15.5.1. Marketing Strategy

                16.1.15.5.2. Product Strategy

                16.1.15.5.3. Channel Strategy

17. Assumptions & Acronyms Used

18. Research Methodology

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List of Tables

Table 1: Global Market Value (US$ Million) Forecast by Region, 2018 to 2033

Table 2: Global Market Volume (Units) Forecast by Region, 2018 to 2033

Table 3: Global Market Value (US$ Million) Forecast by Caps Type, 2018 to 2033

Table 4: Global Market Volume (Units) Forecast by Caps Type, 2018 to 2033

Table 5: Global Market Value (US$ Million) Forecast by Material Type, 2018 to 2033

Table 6: Global Market Volume (Units) Forecast by Material Type, 2018 to 2033

Table 7: Global Market Value (US$ Million) Forecast by End Use, 2018 to 2033

Table 8: Global Market Volume (Units) Forecast by End Use, 2018 to 2033

Table 9: North America Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 10: North America Market Volume (Units) Forecast by Country, 2018 to 2033

Table 11: North America Market Value (US$ Million) Forecast by Caps Type, 2018 to 2033

Table 12: North America Market Volume (Units) Forecast by Caps Type, 2018 to 2033

Table 13: North America Market Value (US$ Million) Forecast by Material Type, 2018 to 2033

Table 14: North America Market Volume (Units) Forecast by Material Type, 2018 to 2033

Table 15: North America Market Value (US$ Million) Forecast by End Use, 2018 to 2033

Table 16: North America Market Volume (Units) Forecast by End Use, 2018 to 2033

Table 17: Latin America Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 18: Latin America Market Volume (Units) Forecast by Country, 2018 to 2033

Table 19: Latin America Market Value (US$ Million) Forecast by Caps Type, 2018 to 2033

Table 20: Latin America Market Volume (Units) Forecast by Caps Type, 2018 to 2033

Table 21: Latin America Market Value (US$ Million) Forecast by Material Type, 2018 to 2033

Table 22: Latin America Market Volume (Units) Forecast by Material Type, 2018 to 2033

Table 23: Latin America Market Value (US$ Million) Forecast by End Use, 2018 to 2033

Table 24: Latin America Market Volume (Units) Forecast by End Use, 2018 to 2033

Table 25: Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 26: Europe Market Volume (Units) Forecast by Country, 2018 to 2033

Table 27: Europe Market Value (US$ Million) Forecast by Caps Type, 2018 to 2033

Table 28: Europe Market Volume (Units) Forecast by Caps Type, 2018 to 2033

Table 29: Europe Market Value (US$ Million) Forecast by Material Type, 2018 to 2033

Table 30: Europe Market Volume (Units) Forecast by Material Type, 2018 to 2033

Table 31: Europe Market Value (US$ Million) Forecast by End Use, 2018 to 2033

Table 32: Europe Market Volume (Units) Forecast by End Use, 2018 to 2033

Table 33: Asia Pacific Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 34: Asia Pacific Market Volume (Units) Forecast by Country, 2018 to 2033

Table 35: Asia Pacific Market Value (US$ Million) Forecast by Caps Type, 2018 to 2033

Table 36: Asia Pacific Market Volume (Units) Forecast by Caps Type, 2018 to 2033

Table 37: Asia Pacific Market Value (US$ Million) Forecast by Material Type, 2018 to 2033

Table 38: Asia Pacific Market Volume (Units) Forecast by Material Type, 2018 to 2033

Table 39: Asia Pacific Market Value (US$ Million) Forecast by End Use, 2018 to 2033

Table 40: Asia Pacific Market Volume (Units) Forecast by End Use, 2018 to 2033

Table 41: MEA Market Value (US$ Million) Forecast by Country, 2018 to 2033

Table 42: MEA Market Volume (Units) Forecast by Country, 2018 to 2033

Table 43: MEA Market Value (US$ Million) Forecast by Caps Type, 2018 to 2033

Table 44: MEA Market Volume (Units) Forecast by Caps Type, 2018 to 2033

Table 45: MEA Market Value (US$ Million) Forecast by Material Type, 2018 to 2033

Table 46: MEA Market Volume (Units) Forecast by Material Type, 2018 to 2033

Table 47: MEA Market Value (US$ Million) Forecast by End Use, 2018 to 2033

Table 48: MEA Market Volume (Units) Forecast by End Use, 2018 to 2033
Ismail Sutaria
Ismail Sutaria

Principal Consultant

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List of Charts

Figure 1: Global Market Value (US$ Million) by Caps Type, 2023 to 2033

Figure 2: Global Market Value (US$ Million) by Material Type, 2023 to 2033

Figure 3: Global Market Value (US$ Million) by End Use, 2023 to 2033

Figure 4: Global Market Value (US$ Million) by Region, 2023 to 2033

Figure 5: Global Market Value (US$ Million) Analysis by Region, 2018 to 2033

Figure 6: Global Market Volume (Units) Analysis by Region, 2018 to 2033

Figure 7: Global Market Value Share (%) and BPS Analysis by Region, 2023 to 2033

Figure 8: Global Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033

Figure 9: Global Market Value (US$ Million) Analysis by Caps Type, 2018 to 2033

Figure 10: Global Market Volume (Units) Analysis by Caps Type, 2018 to 2033

Figure 11: Global Market Value Share (%) and BPS Analysis by Caps Type, 2023 to 2033

Figure 12: Global Market Y-o-Y Growth (%) Projections by Caps Type, 2023 to 2033

Figure 13: Global Market Value (US$ Million) Analysis by Material Type, 2018 to 2033

Figure 14: Global Market Volume (Units) Analysis by Material Type, 2018 to 2033

Figure 15: Global Market Value Share (%) and BPS Analysis by Material Type, 2023 to 2033

Figure 16: Global Market Y-o-Y Growth (%) Projections by Material Type, 2023 to 2033

Figure 17: Global Market Value (US$ Million) Analysis by End Use, 2018 to 2033

Figure 18: Global Market Volume (Units) Analysis by End Use, 2018 to 2033

Figure 19: Global Market Value Share (%) and BPS Analysis by End Use, 2023 to 2033

Figure 20: Global Market Y-o-Y Growth (%) Projections by End Use, 2023 to 2033

Figure 21: Global Market Attractiveness by Caps Type, 2023 to 2033

Figure 22: Global Market Attractiveness by Material Type, 2023 to 2033

Figure 23: Global Market Attractiveness by End Use, 2023 to 2033

Figure 24: Global Market Attractiveness by Region, 2023 to 2033

Figure 25: North America Market Value (US$ Million) by Caps Type, 2023 to 2033

Figure 26: North America Market Value (US$ Million) by Material Type, 2023 to 2033

Figure 27: North America Market Value (US$ Million) by End Use, 2023 to 2033

Figure 28: North America Market Value (US$ Million) by Country, 2023 to 2033

Figure 29: North America Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 30: North America Market Volume (Units) Analysis by Country, 2018 to 2033

Figure 31: North America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 32: North America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 33: North America Market Value (US$ Million) Analysis by Caps Type, 2018 to 2033

Figure 34: North America Market Volume (Units) Analysis by Caps Type, 2018 to 2033

Figure 35: North America Market Value Share (%) and BPS Analysis by Caps Type, 2023 to 2033

Figure 36: North America Market Y-o-Y Growth (%) Projections by Caps Type, 2023 to 2033

Figure 37: North America Market Value (US$ Million) Analysis by Material Type, 2018 to 2033

Figure 38: North America Market Volume (Units) Analysis by Material Type, 2018 to 2033

Figure 39: North America Market Value Share (%) and BPS Analysis by Material Type, 2023 to 2033

Figure 40: North America Market Y-o-Y Growth (%) Projections by Material Type, 2023 to 2033

Figure 41: North America Market Value (US$ Million) Analysis by End Use, 2018 to 2033

Figure 42: North America Market Volume (Units) Analysis by End Use, 2018 to 2033

Figure 43: North America Market Value Share (%) and BPS Analysis by End Use, 2023 to 2033

Figure 44: North America Market Y-o-Y Growth (%) Projections by End Use, 2023 to 2033

Figure 45: North America Market Attractiveness by Caps Type, 2023 to 2033

Figure 46: North America Market Attractiveness by Material Type, 2023 to 2033

Figure 47: North America Market Attractiveness by End Use, 2023 to 2033

Figure 48: North America Market Attractiveness by Country, 2023 to 2033

Figure 49: Latin America Market Value (US$ Million) by Caps Type, 2023 to 2033

Figure 50: Latin America Market Value (US$ Million) by Material Type, 2023 to 2033

Figure 51: Latin America Market Value (US$ Million) by End Use, 2023 to 2033

Figure 52: Latin America Market Value (US$ Million) by Country, 2023 to 2033

Figure 53: Latin America Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 54: Latin America Market Volume (Units) Analysis by Country, 2018 to 2033

Figure 55: Latin America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 56: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 57: Latin America Market Value (US$ Million) Analysis by Caps Type, 2018 to 2033

Figure 58: Latin America Market Volume (Units) Analysis by Caps Type, 2018 to 2033

Figure 59: Latin America Market Value Share (%) and BPS Analysis by Caps Type, 2023 to 2033

Figure 60: Latin America Market Y-o-Y Growth (%) Projections by Caps Type, 2023 to 2033

Figure 61: Latin America Market Value (US$ Million) Analysis by Material Type, 2018 to 2033

Figure 62: Latin America Market Volume (Units) Analysis by Material Type, 2018 to 2033

Figure 63: Latin America Market Value Share (%) and BPS Analysis by Material Type, 2023 to 2033

Figure 64: Latin America Market Y-o-Y Growth (%) Projections by Material Type, 2023 to 2033

Figure 65: Latin America Market Value (US$ Million) Analysis by End Use, 2018 to 2033

Figure 66: Latin America Market Volume (Units) Analysis by End Use, 2018 to 2033

Figure 67: Latin America Market Value Share (%) and BPS Analysis by End Use, 2023 to 2033

Figure 68: Latin America Market Y-o-Y Growth (%) Projections by End Use, 2023 to 2033

Figure 69: Latin America Market Attractiveness by Caps Type, 2023 to 2033

Figure 70: Latin America Market Attractiveness by Material Type, 2023 to 2033

Figure 71: Latin America Market Attractiveness by End Use, 2023 to 2033

Figure 72: Latin America Market Attractiveness by Country, 2023 to 2033

Figure 73: Europe Market Value (US$ Million) by Caps Type, 2023 to 2033

Figure 74: Europe Market Value (US$ Million) by Material Type, 2023 to 2033

Figure 75: Europe Market Value (US$ Million) by End Use, 2023 to 2033

Figure 76: Europe Market Value (US$ Million) by Country, 2023 to 2033

Figure 77: Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 78: Europe Market Volume (Units) Analysis by Country, 2018 to 2033

Figure 79: Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 80: Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 81: Europe Market Value (US$ Million) Analysis by Caps Type, 2018 to 2033

Figure 82: Europe Market Volume (Units) Analysis by Caps Type, 2018 to 2033

Figure 83: Europe Market Value Share (%) and BPS Analysis by Caps Type, 2023 to 2033

Figure 84: Europe Market Y-o-Y Growth (%) Projections by Caps Type, 2023 to 2033

Figure 85: Europe Market Value (US$ Million) Analysis by Material Type, 2018 to 2033

Figure 86: Europe Market Volume (Units) Analysis by Material Type, 2018 to 2033

Figure 87: Europe Market Value Share (%) and BPS Analysis by Material Type, 2023 to 2033

Figure 88: Europe Market Y-o-Y Growth (%) Projections by Material Type, 2023 to 2033

Figure 89: Europe Market Value (US$ Million) Analysis by End Use, 2018 to 2033

Figure 90: Europe Market Volume (Units) Analysis by End Use, 2018 to 2033

Figure 91: Europe Market Value Share (%) and BPS Analysis by End Use, 2023 to 2033

Figure 92: Europe Market Y-o-Y Growth (%) Projections by End Use, 2023 to 2033

Figure 93: Europe Market Attractiveness by Caps Type, 2023 to 2033

Figure 94: Europe Market Attractiveness by Material Type, 2023 to 2033

Figure 95: Europe Market Attractiveness by End Use, 2023 to 2033

Figure 96: Europe Market Attractiveness by Country, 2023 to 2033

Figure 97: Asia Pacific Market Value (US$ Million) by Caps Type, 2023 to 2033

Figure 98: Asia Pacific Market Value (US$ Million) by Material Type, 2023 to 2033

Figure 99: Asia Pacific Market Value (US$ Million) by End Use, 2023 to 2033

Figure 100: Asia Pacific Market Value (US$ Million) by Country, 2023 to 2033

Figure 101: Asia Pacific Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 102: Asia Pacific Market Volume (Units) Analysis by Country, 2018 to 2033

Figure 103: Asia Pacific Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 104: Asia Pacific Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 105: Asia Pacific Market Value (US$ Million) Analysis by Caps Type, 2018 to 2033

Figure 106: Asia Pacific Market Volume (Units) Analysis by Caps Type, 2018 to 2033

Figure 107: Asia Pacific Market Value Share (%) and BPS Analysis by Caps Type, 2023 to 2033

Figure 108: Asia Pacific Market Y-o-Y Growth (%) Projections by Caps Type, 2023 to 2033

Figure 109: Asia Pacific Market Value (US$ Million) Analysis by Material Type, 2018 to 2033

Figure 110: Asia Pacific Market Volume (Units) Analysis by Material Type, 2018 to 2033

Figure 111: Asia Pacific Market Value Share (%) and BPS Analysis by Material Type, 2023 to 2033

Figure 112: Asia Pacific Market Y-o-Y Growth (%) Projections by Material Type, 2023 to 2033

Figure 113: Asia Pacific Market Value (US$ Million) Analysis by End Use, 2018 to 2033

Figure 114: Asia Pacific Market Volume (Units) Analysis by End Use, 2018 to 2033

Figure 115: Asia Pacific Market Value Share (%) and BPS Analysis by End Use, 2023 to 2033

Figure 116: Asia Pacific Market Y-o-Y Growth (%) Projections by End Use, 2023 to 2033

Figure 117: Asia Pacific Market Attractiveness by Caps Type, 2023 to 2033

Figure 118: Asia Pacific Market Attractiveness by Material Type, 2023 to 2033

Figure 119: Asia Pacific Market Attractiveness by End Use, 2023 to 2033

Figure 120: Asia Pacific Market Attractiveness by Country, 2023 to 2033

Figure 121: MEA Market Value (US$ Million) by Caps Type, 2023 to 2033

Figure 122: MEA Market Value (US$ Million) by Material Type, 2023 to 2033

Figure 123: MEA Market Value (US$ Million) by End Use, 2023 to 2033

Figure 124: MEA Market Value (US$ Million) by Country, 2023 to 2033

Figure 125: MEA Market Value (US$ Million) Analysis by Country, 2018 to 2033

Figure 126: MEA Market Volume (Units) Analysis by Country, 2018 to 2033

Figure 127: MEA Market Value Share (%) and BPS Analysis by Country, 2023 to 2033

Figure 128: MEA Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033

Figure 129: MEA Market Value (US$ Million) Analysis by Caps Type, 2018 to 2033

Figure 130: MEA Market Volume (Units) Analysis by Caps Type, 2018 to 2033

Figure 131: MEA Market Value Share (%) and BPS Analysis by Caps Type, 2023 to 2033

Figure 132: MEA Market Y-o-Y Growth (%) Projections by Caps Type, 2023 to 2033

Figure 133: MEA Market Value (US$ Million) Analysis by Material Type, 2018 to 2033

Figure 134: MEA Market Volume (Units) Analysis by Material Type, 2018 to 2033

Figure 135: MEA Market Value Share (%) and BPS Analysis by Material Type, 2023 to 2033

Figure 136: MEA Market Y-o-Y Growth (%) Projections by Material Type, 2023 to 2033

Figure 137: MEA Market Value (US$ Million) Analysis by End Use, 2018 to 2033

Figure 138: MEA Market Volume (Units) Analysis by End Use, 2018 to 2033

Figure 139: MEA Market Value Share (%) and BPS Analysis by End Use, 2023 to 2033

Figure 140: MEA Market Y-o-Y Growth (%) Projections by End Use, 2023 to 2033

Figure 141: MEA Market Attractiveness by Caps Type, 2023 to 2033

Figure 142: MEA Market Attractiveness by Material Type, 2023 to 2033

Figure 143: MEA Market Attractiveness by End Use, 2023 to 2033

Figure 144: MEA Market Attractiveness by Country, 2023 to 2033

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