The global caps and closures market size is expected to reach USD 103.87 billion by 2030, expanding at a CAGR of 4.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market growth is expected to be driven by the growing emphasis on providing convenient dispensing and secure packaging sealing solutions among end-use industries such as food, beverage,...

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...

Caps And Closures Industry Overview The global caps and closures market was valued at USD 74.64 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2030. The growth is primarily driven by the increasing demand for various food products and alcoholic and non-alcoholic beverages. Caps and closures play a crucial role in packaging by acting as a...

The global caps and closures market size was estimated at USD 74.64 billion in 2023 and is anticipated to grow at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2030.Growing demand for various food products and alcoholic and non-alcoholic beverages is anticipated to trigger market growth. Caps and closures act as a barrier and prevent packaged contents from getting exposed to ambient...

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...