Global Caps and Closures Market 2022-2028
Caps and closures play a key role in product safety as one of the final sealing elements for a package. Material used for caps & closures can range from metal to glass, plastics, cork, rubber and others. Metal caps and closures are used for containers made from glass and plastic, as well as from metal itself. Caps and closures are required to provide different functions, without affecting, or being affected by, the packaged content. Gen Consulting Company estimates the global caps and closures market will total USD 85,085 million by 2028, an average annual growth of 4.1 percent during the forecast period, according to the latest edition of the Global Caps and Closures Market Report.
The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global caps and closures market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the caps and closures industry.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, material, application, and region. The global market for caps and closures can be segmented by product: aerosol closures, crown closures, dispensing caps, screw closures, others. Caps and closures market is further segmented by material: plastic, metal, others (rubber, cork). According to the research, the plastic segment had the largest share in the global caps and closures market. Based on application, the caps and closures market is segmented into: food, beverages, healthcare & pharmaceuticals, cosmetics & toiletries, others. On the basis of region, the caps and closures market also can be divided into: Asia Pacific, Europe, North America, Rest of the World (RoW).
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