United States (USA) Caps and Closure Market Overview, 2029

United States (USA) Caps and Closure Market Overview, 2029

The US caps and closures market is highly fragmented. The sustainable competitive advantage can be gained through innovation in design, technology, and application. The levels of market penetration for the caps and closure have grown significantly over the last decade, aided by growing demand from the food, beverage, and pharmaceutical industries. Stringent regulation on manufacturers pertaining to environmental degradation is restraining the market. The increasing regulation against plastic and increasing taxes on packaged products poses challenges against the growth of the market. In California, the government-imposed ban on removable plastic bottle caps. The United States Caps & Closures Market is currently witnessing substantial growth, propelled by dynamic shifts in consumer preferences and industry demands. With a burgeoning focus on convenience, product safety, and sustainability across various sectors, including food and beverages, pharmaceuticals, and cosmetics, the market is experiencing heightened demand for advanced closure solutions. The food and beverage industry are one of the major contributors to the caps and closures market in the United States. Majority of the manufactured food products are packaged in PET containers, which are mostly covered with plastic enclosures, to protect them from contamination. As PET had been approved as safe for contact with food and beverage (F&B) by the FDA and health-safety agencies, due to which PET caps and closures are increasingly being used for dairy products, convenience food, and other food service applications. Amcor Limited is a global leader in responsible packaging solutions, Amcor offers a variety of caps and closures for different industries. Berry Global Inc. is specializing in plastic packaging products and provides a wide range of caps and closures for various applications. AptarGroup, Inc. is a prominent player in dispensing systems, AptarGroup offers innovative caps and closures for the beauty, personal care, and pharmaceutical sectors.

According to the research report ""United States Caps and Closures Market Overview, 2029,"" published by Bonafide Research, the United States caps and closures market is anticipated to grow at more than 5% CAGR from 2024 to 2029. Increased demand for innovative solutions from different end users drives the market. In addition to traditional demands, such as leak tightness, easy closing, and offering higher barrier properties, customers expectations have increased highly. Therefore, the innovation has become a characteristic to define the packaging industry's approach to cater to the vast and changing consumer demands and society's needs. As the US beverage market is growing, following with higher consumption of wine and beer, the packaging components and materials are also adding value differentiation with evolving demands. As artificial corks, technical and synthetic corks are replacing natural corks, as it shows cork taint or TCA (2,4,6-trichloroanisole) chemical that leeches out of a natural cork into the wine, but the synthetic corks can also pick up TCA contamination from the external environment. The increased utilisation of beauty and personal care products due to increasing influence of various social media platforms including Instagram, Facebook, and TikTok, among others along with rising prioritisation of self-care is aiding the caps and closures market growth. The caps and closures act as barriers and provide cosmetics protection against microbial contamination. The expansion of the healthcare sector is offering lucrative growth opportunities to the market as caps and closures support the packaging of sterile products. These components maintain the sterility of healthcare devices and parenteral pharmaceuticals, among others by preventing the ingress of contaminants while inserting a needle into a vial. Increased consumption of plant based, dairy free, and sugar free beverages due to rising concerns with regards to health, climate, and animal welfare is supporting the market expansion. Caps and closures ensure the freshness and quality of the beverages and provides them protection against tempering and contamination while maintaining their easy to open nature.

Among caps and closures, plastic today leads in the segment by providing versatility, price competitiveness, and light weight. Rapidly gaining popularity in many applications, plastic closures find favor in food and beverages, pharmaceuticals, and personal care. Most lean toward plastic because it can be formed in any shape and is lightweight, with the ability to manufacture in bulk in less time. The endless sealing technologies and tamper-evident options also are driving plastic to dominate all material options available. Metal has a higher growth trajectory based on the high level of durability and the premium status of the aesthetic appearance since it is tamper evident. Many times, metal closures will be found in the food and beverage industries for safety pieces but provide a level of an aesthetic that plastic closures cannot achieve. This fact has also added to the popularity of metal closures, since increased consumer interest in sustainable and recyclable materials follows a general trend and metal can be seen as being more sustainable than plastics. Other, smaller segments in the market are glass, wood, rubber & elastomers, and paperboards. Glass is regarded as providing a premium touch and delivering good preservation qualities. Wood is a niche closure material, often used for specialty products or markets where traditional aesthetics are important. Similarly, rubber and elastomers have good sealing properties and flexibility but are less common due to reasons of relatively high cost and limited scope of application. Paperboards are increasingly emerging as a green substitute in sustainable packaging solutions, although they still have a small share because they still do not provide the same strength and sealing feature typical of contents exposed to plastics and metals.

Food & Beverages has remained the largest end-use industry due to the high demand for convenient, safe, and tamper-evident packaging. Caps and closures for food and beverages must ensure freshness, prevent contamination, and provide ease of use. This sector comprises a huge range of products, such as bottled beverages and juices on one side and jarred foods on the other, requiring a large quantity of caps and closures. Improvements in packaging technology, such as seal integrity and user-friendly designs, further add to the growth in demand within this industry. Cosmetics and Toiletries have growth due to a greater emphasis on personal care and grooming. Closure designs that offer convenience and effective dispensing solutions complement the fast growing trend toward premium and eco-friendly packaging. Pharmaceuticals & Healthcare forms a vital segment for which safety, tamper evidence, and precision dosing are key. Caps and closures in this industry have to meet strict regulatory requirements so as to maintain the integrity of the product and thus ensure consumer safety. Although this segment is certainly growing, the growth rates are more modest than in Food & Beverages and Cosmetics. Other industries include Chemical and Automotive, which use caps and closures for special applications. The closures in the Chemical industry have to cope with corrosive contents, provide tight closure, while in the Automotive industry, closures are used for a variety of fluid containers and must be resistant under extremely harsh conditions. While both of these sectors are relatively niche in their own right, they turn out to be key in specific applications and thus reflect the wide uses that caps and closures find across industries.

Screw closures dominate the market due to their immense applications across industries coupled with versatility. They enjoy wide adoption because they are user-friendly, reusable, and feature a perfect seal. The screw closures offer an excellent seal, which is not only leak-proof but also contamination-free, thus very preferred by different products in the food and beverages, personal care, and pharmaceutical industries. Their simple yet effective design supports high-volume manufacturing and consumer convenience even better, sealing their leading position. Easy-Open Can Ends is growing rapidly due to consumer demand for convenience and accessibility. This closure type is very prominent in the food and beverage industries, where easy opening has been a major factor in giving users a better experience. The demand for ready-to-eat and convenience foods propels the market for easy-open can ends, offering a friendly solution to the consumer that wants no hassle, fast access to products. Used more often in the food industry than any other type of Metal Lug Closures are used specifically for jarred and canned goods where the closure is a metal ring with a serrated edge that crimps onto the container to close it. Metal lug closures are valued for the overall durability and maintenance of product freshness they provide over time. While not as prominent as screw closures, they have a critical role in applications where tight sealing is required. The Dispensing Caps add functionality beyond just sealing, incorporating controlled dispensing for liquids or powders. They tend to become quite common in personal care, pharmaceuticals, cleaning products mainly where the aspect of dispensing comes in. Others include all types of closure systems that fall outside the main ones, like dedicated ones and some new lines of packaging technology. This features a highly specialized solution in many sectors and adds diversity to the market.

Considered in this report
• Historic year: 2018
• Base year: 2023
• Estimated year: 2024
• Forecast year: 2029

Aspects covered in this report
• Caps and Closure market Outlook with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Raw Material
• Plastic
• Metals
• Others (Glass, wood, Rubber & Elastomers and paperboads)

By End user Industries
• Food & beverages
• Cosmetics and Toiletries
• Pharmaceutical & health care
• Others (chemical and automotive)

By Types
• Screw Closures
• Easy-Open Can End
• Metal Lug Closures
• Dispensing Caps
• Others

The approach of the report:

This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, and government-generated reports and databases. After gathering the data from secondary sources, primary research was conducted by conducting telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started making primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources.

Intended audience

This report can be useful to industry consultants, manufacturers, suppliers, associations, and organizations related to the Caps and Closure industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.