Caps Closures Market By Product Type (Screw, Dispensing), By Application (Food and Beverages, Pharmaceuticals), By Material (Plastic, Metal) And Region For 2026-2032

Caps Closures Market Valuation - 2026-2032

The global caps closures market is being driven by rising demand from the food and beverage industry. The market is expected to reach $70 billion by 2024, with a 5% annual growth rate due to rising consumer demand for simple packaging options. This is likely to enable the market size surpass USD 70.15 Billion valued in 2024 to reach a valuation of around USD 98.5 Billion by 2032.

Technological advances in cap design and materials are driving market expansion. Tamper-evident and child-resistant closures are increasing popularity, helping to the market's growth. By 2028, the market is expected to exceed USD 90 Billion, indicating a consistent growth rate. The rising demand for Caps Closures is enabling the market grow at a CAGR of 4.78% from 2026 to 2032.

Caps Closures Market: Definition/ Overview

Cap closures are devices that seal bottles, jars and containers. They keep the contents safe, extending shelf life and preserving product integrity during storage and transportation.

Cap closures are widely used in a variety of industries, including food and beverage, medicines and cosmetics. They guard against contamination, spillage and tampering, playing an important role in product safety and quality.

Future material and design developments are projected to improve functionality, sustainability and user convenience. Future innovations could include smart closures that include technology for better monitoring and management.

Will Growing Beverage Industry Boost the Caps Closures Market Growth?

The growing beverage industry contributes significantly to the cap closures market. The growing popularity of bottled water and soft beverages creates a demand for caps and closures. According to the International Bottled Water Association (IBWA), bottled water consumption in the United States surpassed 15 billion gallons in 2020, up 4.2% from 2019. Mordor Intelligence also forecasts a 5.8% compound annual growth rate (CAGR) for the global soft drinks sector from 2021 to 2026, with a total value of USD 1.1 Trillion. This expansion in the beverage industry is directly related to an increasing demand for a variety of cap and closure options, including as screw caps, snap-on caps and more. As customer preferences evolve towards convenience and sustainability, the demand for innovative and functional closures is anticipated to rise even further driving market growth in the coming years.

Will Environmental Concerns and Plastic Waste Regulations Hamper the Caps Closures Market?

Environmental concerns and plastic waste rules are influencing the cap closures market. According to the UNEP, 300 million tons of plastic trash are generated each year, with packaging accounting for a considerable portion. The EU's Single-Use Plastics Directive intends to reduce plastic marine litter by 50% and requires lids to remain connected to containers by 2024, potentially disrupting present designs. Furthermore, the Ellen MacArthur Foundation points out that just 14% of plastic packaging is recycled worldwide, underscoring the environmental challenge and potential market shifts toward more sustainable solutions.

Category-Wise Acumens

Will Increasing Demand for Reliability and Effectiveness in Sealing Propel the Growth of Screw Market?

The screw segment is expanding due to increasing need for dependability and efficacy in sealing applications. Factors driving this trend include the requirement for improved product integrity and increasing packaging quality standards. Industries such as food and beverage, pharmaceuticals and consumer products require reliable sealing solutions to prevent contamination and assure product safety. Furthermore, advances in screw design and manufacturing techniques are being recognized for their contribution to improved performance and durability.

As consumers and manufacturers prioritize quality assurance, the demand for dependable sealing solutions is projected to grow. increasing requirements on product safety and sustainability are also driving up demand for high-quality screws. Thus, the screw market is expected to have significant expansion, driven by these evolving requirements in various sectors.

Will Substantial Demand for Various Types of Closures Drive the Food and Beverages Segment?

Substantial demand for various types of closures is expected to promote expansion in the food and beverage industry. Consumer desires for convenience, freshness and product integrity are identified as significant drivers. The increasing emphasis on food safety and sustainability drives the demand for tamper-evident closures and resealable solutions. Furthermore, new closure technologies, such as child-resistant caps and smart closures, are being developed to improve user experience and product shelf life.

Furthermore, the expansion of e-commerce in food and beverage delivery is becoming apparent, necessitating dependable and secure packaging solutions. As the market evolves, the demand for closures that safeguard products and maintain quality is projected to grow. As a result, the food and beverage market is projected to see significant

Country/Region-wise

Will Increasing Focus on Food Safety and Extended Shelf Life Drive the Market in North America?

The caps closures market in North America is being driven by an increasing attention on food safety and improved shelf life. The FDA's Food Safety Modernization Act (FSMA) imposes stringent packaging standards, causing 75% of food and beverage industries to invest in new equipment, according to PMMI. The USDA estimates that 30-40% of food in the United States is wasted, totaling over 133 billion pounds and USD 161 Billion, underscoring the need for efficient closures. According to the Flexible Packaging Association's survey, 79% of consumers want resealable packaging, which is driving closure technology innovation.

Will Rapid Growth in the Beverage Industry Drive the Market in Asia Pacific Region?

The beverage industry's rapid expansion is a major driver of the Asia Pacific caps closures market. The Food and Agriculture Organization (FAO) predicts that per capita nonalcoholic beverage consumption in Asia Pacific would climb from 20.3 liters in 2018 to 25.4 liters in 2027, a 25% increase. This growth rate significantly outpaces the global average of 16%, leading in increasing demand for caps and closures to suit the growing beverage market's needs.

As the beverage business grows, improvements in closure technology and expanded manufacturing capacity are projected to follow. Innovations that improve the functionality and sustainability of closures are being prioritized, resulting in more diversified options for consumers. As a result, the caps closure market in Asia Pacific region is poised for significant growth, driven by the rising demand from a burgeoning beverage sector that prioritizes quality, convenience and safety.

Competitive Landscape

The caps closures market is a dynamic and competitive space, characterized by a diverse range of players vying for market share. These players are on the run for solidifying their presence through the adoption of strategic plans such as collaborations, mergers, acquisitions and political support. The organizations are focusing on innovating their product line to serve the vast population in diverse regions.

Some of the prominent players operating in the cap's closures market include:

Crown Holdings, Inc., Berry Plastics Corporation, Bericap GmbH Co. & Kg, Reynolds Group Holdings Limited, Rexam PLC, Guala Closures Group, Aptargroup, Inc.

Latest Developments

• In May 2024, Alpek Polyester introduced a sustainable solution that allows PET to be used in caps and closures, resulting in a 100% PET Packaging Solution, which simplifies and increases post-consumer PET bottle recycling and the PET Circular Economy. The company says that the unique CaPETall technology has various benefits. It enhances and enables a fully recyclable PET polymer package while also meeting the specifications for PET Resin Identification.
• In May 2024, Origin Materials ("Origin"), the world's leading carbon-negative materials company with a mission to enable the world's transition to sustainable materials, announced a strategic partnership with IMDvista ("IMD"), a Swiss high-tech company specializing in the vision inspection of closures and other packaging components.

Caps Closures Market, By Category

• Product Type:
• Screw
• Dispensing
• Snap-On
• Tamper-Evident
• Child-Resistant
• Corks
• Flip-Top
• Application:
• Food And Beverages
• Pharmaceuticals
• Personal Care and Cosmetics
• Household Chemicals
• Automotive
• Industrial
• Chemicals
• Agricultural Products
• Material:
• Plastic
• Metal
• Rubber/Silicone
• Cork
• Glass
• Region:
• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa