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Caps and Closures Market Share

Report ID: GMI6399
Published Date: Jun 2024
Report Format: PDF

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Caps and Closures Market Share

Caps and Closures Market Company Share Analysis, (2023)

The global caps and closures market is fragmented, with prominent players, such as Amcor plc, Crown Holdings Inc, AptarGroup Inc., Berry Global Group Inc, and Silgan Holdings Inc, holding a market share of 20-30%. Manufacturers are adopting strategic steps, such as mergers, acquisitions, partnerships, and collaboration, to consolidate their position in the market. For instance, in July 2022, Berry Global Group Inc, acquired Promens' plastics division for around USD 90 million to expand in reusable plastic crate and pallet solutions.

Caps and Closures Market Companies

Major players operating in the caps and closures industry include:

Amcor plc
Crown Holdings Inc
AptarGroup Inc.
Berry Global Group Inc
Silgan Holdings Inc
RPC Group Plc
Reynolds Group Holdings Limited
Closure Systems International Inc
Guala Closures Group
Bericap GmbH & Co. KG
O.Berk Company, LLC
ALPLA Werke Alwin Lehner GmbH & Co KG
Comar, LLC
Pact Group Holdings Ltd.
TriMas Corporation (Rieke Packaging Systems)

Authors: Suraj Gujar, Sunita Singh

Frequently Asked Questions (FAQ) :

The caps and closures market was valued at USD 74 billion in 2023 and is anticipated to register 4.8% CAGR between 2024 and 2032, driven by the development of the packaging industry.

Plastic caps and closure market held a revenue of USD 33.4 billion in 2023 and will reach USD 51.6 billion by 2032, attributed to the functionality and cost-effectiveness of plastics.

North America plastic caps and closure market size was USD 25.3 billion in 2023, and is expected to reach USD 35 billion by 2032, due to rising demand for packaged goods.

Amcor plc, Crown Holdings Inc, AptarGroup Inc, Berry Global Group Inc, Silgan Holdings Inc, RPC Group Plc, and Reynolds Group Holdings Limited among others.