Caps And Closures Industry The global caps and closures market was valued at approximately USD 74.64 billion in 2023 and is projected to experience a compound annual growth rate (CAGR) of 4.9% from 2024 to 2030. This anticipated growth is largely driven by the increasing demand for a variety of food products, as well as alcoholic and non-alcoholic beverages. Caps and closures serve a critical...