The North America Plastic Caps And Closures Market size is estimated at USD 14.61 billion in 2024, and is expected to reach USD 16.88 billion by 2029, growing at a CAGR of 2.94% during the forecast period (2024-2029). In terms of production volume, the market is expected to grow from 384.30 billion units in 2024 to 459.31 billion units by 2029, at a CAGR of 3.63% during the forecast period (2024-2029).
Plastic caps and closures seal various containers to ensure their safety and integrity. They are made from strong, durable polymers, including polypropylene (PP) and polyethylene (PE). Plastic caps and closures are commonly used for packaging food and beverages (F&B), pharmaceuticals, cosmetics, and household cleaning products.
The North American plastic caps and closures market is semi-consolidated with the presence of key players like Silgan Holdings Inc., Amcor PLC, Closure Systems International Inc., AptarGroup Inc., and TriMas Corporation. Players in the market are adopting various strategies, such as partnerships and acquisitions, to enhance their product offerings and gain sustainable competitive advantage.
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