The India Plastic Caps And Closures Market size is estimated at USD 5.36 billion in 2024, and is expected to reach USD 6.88 billion by 2029, growing at a CAGR of 5.12% during the forecast period (2024-2029). In terms of shipment volume, the market is expected to grow from 33.74 billion units in 2024 to 42.95 billion units by 2029, at a CAGR of 4.95% during the forecast period (2024-2029).
The Indian plastic caps and closures market is moderately consolidated, with domestic players such as KKD International and Vimal Plastics Pvt. Ltd and International players, including Amcor Group GmbH, Aptar Group Inc., and Bericap Holding GmbH. To solidify their footprint in the market, the players focus on new product development, partnerships, trade expos, mergers and acquisitions, and collaborations.
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