The United States Plastic Caps And Closures Market size is estimated at USD 11.82 billion in 2024, and is expected to reach USD 13.38 billion by 2029, growing at a CAGR of 2.51% during the forecast period (2024-2029).
The plastic caps and closures market maintains a semi-consolidated structure in the United States, a trend expected to continue during the forecast period. Key characteristics of this market include moderate exit barriers, a preference for established brands, and significant merger and acquisition activities. Noteworthy players in this market landscape are Silgan Closures (Silgan Holdings Inc.), Amcor Ltd, Aptargroup Inc., Berry Global Inc., and Albéa Services SAS.
In March 2024 - Subway, a global restaurant brand, announced a 10-year agreement with PepsiCo to supply beverages in US restaurants beginning January 1, 2025. Subway's longstanding partnership with Frito-Lay will extend through 2030, bringing the brand's US snack and beverage portfolio together under one supplier and driving more efficiency across the system.
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