Caps and Closures Market

Caps and Closures Market Size

The global caps and closures market was estimated at USD 77.3 billion in 2024. The market is expected to grow from USD 80.9 billion in 2025 to USD 124.1 billion in 2034 at a CAGR of 4.9%.

The market is rapidly evolving, driven by the confluence of factors such as the development of the packaging industry, increasing industrial activities, growing population, and rapid urbanization. The packaging industry is experiencing a surge due to the rising demand for a diverse range of food products, as well as alcoholic and non-alcoholic beverages.

Caps and closures play a crucial role by serving as barriers that protect packaged contents from exposure to ambient air and contaminants while facilitating easy dispensing. These packaging solutions are extensively used in various other industries including healthcare, personal care, home care, and automotive. For instance, Kraft Heinz uses resealable caps on ketchup bottles to ensure product freshness after opening, while Mondelez International utilizes easy-to-open caps on cheese slices for convenient consumption.

Furthermore, the increasing demand for caps and closures is closely tied to the rapid urbanization in the U.S. Urban consumers tend to prefer packaging solutions that offer convenience and are well-suited for on-the-go consumption of food & beverages. According to the UN, the world's urban population is expected to reach 68% by 2050. In the U.S., the Brookings Institution reported that over 80% of the population already resides in metropolitan areas. Fast-paced urban lifestyles necessitate portability.

Caps and closures are essential in providing this convenience, ensuring easy opening and closing of products while preventing spills. Additionally, they create an airtight seal that maintains product freshness by preventing the entry of bacteria, addressing growing concerns about safety and hygiene in food & beverage products, and reducing spoilage.

The volatility of raw material prices is a major concern for caps and closures manufacturers. Polymers, such as Polypropylene (PP) and Polyethylene (PE), the backbone of plastic caps and closures, are susceptible to price swings due to factors including oil price fluctuations and supply chain disruptions.

According to Platts, polypropylene prices fluctuated significantly in 2023, reaching a peak of over USD 2,000 per metric ton in March but then dipping to around USD 1,200 per metric ton in June. This volatility in prices makes cost planning challenging for manufacturers. Sourcing raw materials from multiple suppliers in different geographic regions can help mitigate risks. If prices rise in one region, manufacturers might be able to secure better deals elsewhere.

Caps and Closures Market Trends

• Consumers are increasingly concerned about environmental impact, driving the demand for sustainable packaging solutions. This implies a rise in the use of bioplastics and recycled materials in caps and closures, which offer a more sustainable alternative to traditional plastics, potentially reducing reliance on fossil fuels and greenhouse gas emissions. For instance, the Coca-Cola Company has pledged to use 100% recycled or renewable materials in its packaging by 2030. It is piloting bioplastic caps made from sugarcane derivatives on some of its bottled water products.
  
• Furthermore, the integration of smart and interactive features into caps and closures is gaining traction. These closures become gateways to a wealth of information and functionalities and have enhanced consumer engagement with the incorporation of features such as QR codes, Near Field Communication (NFC) tags, and even microchips. Scannable codes can link users to detailed information about the product, ingredients, nutritional value, or even recipes in the case of food items. Companies can offer loyalty programs, promotions, or Augmented Reality (AR) experiences through these features. QR codes or NFC tags can be used to verify product authenticity and combat counterfeiting.
  
• Smart closures can be embedded with sensors that monitor temperature, pressure, or even location during transportation and storage. This data can optimize logistics and ensure product quality. Also, the engagement data from QR code scans or app interactions can provide valuable insights into consumer behavior and preferences. For instance, Tetra Pak has introduced connected packaging technology that transforms caps and closures into data carriers. The QR codes on caps can be scanned by consumers to access detailed product information and verify authenticity.
  

Caps and Closures Market Analysis

Based on material type, the caps and closures market is segmented into plastic, metal, rubber, cork, glass, and others. The plastic segment dominated the market in 2024, generating revenue exceeding USD 35 billion, and is expected to reach USD 57.3 billion by 2034. This dominance can be attributed to the functionality and cost-effectiveness of plastics.

• Plastic closures can be designed to create airtight and leak-proof seals, crucial for preserving product integrity and preventing spoilage. Certain types of plastics, such as Low-density Polyethylene (LDPE) or High-density Polyethylene (HDPE), offer good barrier properties. This means they have a low permeability to gases and liquids, preventing air and moisture from entering the package. Additives, such as plasticizers or elastomers, can be incorporated into the plastic to enhance flexibility and create a tighter seal against the container's rim. Plastic bottles with screw-on caps often utilize a combination of HDPE plastic, LDPE liners, and tamper-evident rings to create a seal that prevents leaks and keeps beverages fresh. For instance, The Coca-Cola Company primarily uses HDPE for its plastic bottle bodies.
  
• HDPE offers good strength, clarity, and barrier properties, making it suitable for containing carbonated beverages. Furthermore, the dominance of plastic in the caps and closures market can be attributed in large part to its significant cost advantage over alternative materials such as metal or glass. Plastic resins, particularly those used for caps and closures, such as HDPE and Polypropylene (PP), are generally cheaper to produce compared to raw materials for metal or glass. This translates into lower upfront costs for manufacturers. Plastic allows them to offer this functionality at a lower cost compared to metal lids, which could potentially increase the price of their product.
  

Based on closure size, the caps and closures market is classified into less than 25mm, 25mm to 49mm, 50mm to 69mm, 70mm to 99mm, and 100mm & above. The less than 25mm closure segment dominated the market in 2024, with revenue exceeding USD 23.8 billion, and is expected to reach USD 41.6 billion by 2034. This dominance can be attributed to a confluence of factors that prioritize portion control and convenience.

• Single-serve beverages, snacks, and personal care items are often packaged in containers less than 25mm in diameter. Closures that match this size are ideal for these products, maintaining a proportional and user-friendly design. Smaller portions cater to individuals with specific dietary needs such as calorie counting or portion control for weight management. Smaller closures with single-serve portions help consumers manage their intake and reduce the likelihood of leftover food spoiling. Small packages with closures less than 25mm easily fit into handbags, backpacks, or gym bags for easy access to snacks or beverages throughout the day.
  
• Single-serve packets with small closures are ideal for travel, allowing for portion control and avoiding the need for bulky full-sized containers. For instance, a travel-sized bottle of hand sanitizer with a small flip-top cap is more portable than a large pump dispenser bottle. Companies, such as L'Oreal and Procter & Gamble, have introduced travel-sized bottles of shampoo, lotion, or hand sanitizer that typically have closures under 25mm, ideal for portability and controlled application.
  

North America emerged as the dominant region, generating a substantial revenue of USD 26.2 billion in 2024 and is expected to reach USD 37.9 billion by 2034. The surge of caps and closures market in North America can be attributed to a confluence of factors that resonate strongly with the evolving needs and priorities of regional consumers.

• North America has a large and affluent population with high disposable income. According to the Organization for Economic Co-operation and Development, the average disposable income in the U.S. in 2021 was USD 44,814. This translates into a significant demand for packaged goods, requiring a vast number of caps and closures.
  
• A large and affluent population creates a high demand for packaged food & beverages, in turn, necessitating a vast quantity of caps and closures for bottling, cartons, and other packaging formats. According to the American Beverage Association, bottled water consumption in the U.S. alone reached 140.3 billion gallons in 2022. Each gallon of bottled water requires a cap or closure, highlighting the volume associated with a single product category.
  
• The U.S. dominated the North America caps and closures market with a revenue of around USD 20.8 billion in 2024 and expected to reach around USD 29.4 billion by 2034. Caps and closures that can withstand transportation and delivery are needed to ensure product integrity for online purchases. Consumers increasingly turn to online platforms for purchasing a wide range of products including food, beverages, cosmetics, and household goods. This directly impacts the demand for caps and closures used in packaging these products for e-commerce processes.
  
• China spearheaded the Asia Pacific caps and closures market with a revenue of around USD 4 billion in 2024 and is expected to reach around USD 7.4 billion by 2034. The country's rapid e-commerce sector is experiencing phenomenal growth, and this has significant implications for the caps and closures market. According to Statista, China's e-commerce sales are projected to reach USD 7.2 trillion by 2025, solidifying its position as the world's leading e-commerce market.
  
• The massive volume of e-commerce shipments translates into a high demand for caps and closures that can effectively seal and protect products during transportation. A study by the China E-commerce packaging committee suggests that product damage during domestic e-commerce deliveries can range from 2% to 8%. Therefore, caps and closures need to be robust enough to withstand the rigors of China's complex e-commerce fulfillment process, which might involve multiple handling points, long-distance travel, and potential variations in storage conditions.
  

Caps and Closures Market Shares

The top companies in the caps and closures industry include Amcor plc, Crown Holdings Inc, AptarGroup Inc, Berry Global Group Inc, Silgan Holdings Inc, and they collectively hold a share of 20-30% in the market. These prominent players are proactively involved in strategic endeavors, such as mergers & acquisitions, facility expansions & collaborations, to expand their product portfolio, extend their reach to a broader customer base, and strengthen their market position.

Caps and Closures Market Companies

Major players operating in the caps and closures industry are:

• Amcor plc
• Crown Holdings Inc
• AptarGroup Inc.
• Berry Global Group Inc
• Silgan Holdings Inc
• Guala Closures Group
• Plastipak Packaging Inc
• Kaufman Container
• RPC Group
• Nova-Pack
• Pont Packaging
• Frapak Packaging
• Pano Cap
• Nippon Closures Co Ltd
• Uchiyama Manufacturing Corp
  

Amcor Plc provides a wide array of packaging, including caps and closures, serving various sectors such as food and beverages, healthcare, and personal care. The company designed closures to ensure product safety, freshness and convenience with several characteristics such as tamper-evident and child-resistant caps. The company focusses on expanding product portfolio through strategic initiatives such as acquisitions and partnerships to maintain competitive edge in the industry.

In October 2023, Amcor Capsules claimed to have reduced the carbon footprint of its STELVIN aluminium screw cap range by up to 35%. The company used low-carbon primary aluminium and up to 46% recyclate during its production of STELVIN aluminium screw cap.

Crown Holdings, Inc. serves food and beverage market through its packaging solutions that also includes caps and closures. The company offers sustainable solutions and focusses on utilizing recyclable metals. Crown Holdings Inc is known for the global footprint and expertise in metal packaging, offering innovative closure choices for various applications distinct industries.

Caps and Closures Industry News

• In February 2025, Origin Materials announced commencement of PET cap commercial production, manufacturing center in Michigan (U.S.).
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• In May 2024, CaPETall, a brand of Alpek Polyster launched sustainable caps and closures solutions.
  
• In April 2023, AptarGroup acquired Closer Packaging Solutions, a manufacturer of closures and dispensing solutions for beauty, personal care, and home care markets.
  
• In January 2023, Berry Global Group, Inc., acquired Seal for Life, a Dutch manufacturer of sustainable closures for the food & beverage industry. The acquisition enhanced Berry's closures capabilities and expanded its product range.
  
• In January 2023, Mespack and Hoffer launched spout and cap closure made of monolayer material, utilizing ‘20% less’ plastic.
  

The caps and closures market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Billion) (Million Units) from 2021 to 2034, for the following segments:

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Market, By Material

• Plastic
• Metal
• Rubber
• Cork
• Glass
• Others

Market, By Closure Size

• Less than 25mm
• 25mm to 49mm
• 50mm to 69mm
• 70mm to 99mm
• 100mm and above

Market, By End Use

• Pharmaceuticals and nutraceuticals
• Food & beverages
• Consumer goods
• Personal care and cosmetics
• Others

Market, By Distribution Channel

• Direct sales
• Indirect sales

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Russia
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia 
• Latin America
  • Brazil
  • Mexico
• MEA
  • UAE
  • Saudi Arabia
  • South Africa