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The plastic caps and closures market size is projected to grow from USD 40.52 Billion in 2018 to USD 51.67 Billion by 2023, at a CAGR of 4.99%. This market is witnessing considerable growth due to increasing demand for convenience packaging and growing concerns about product safety and security. Growing demand for bottled water and from end-use industries such as beverages, pharmaceuticals, food, and home & personal care is the key factor driving the growth of the plastic caps and closures market.
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Plastic Caps and Closures Market worth 51.67 Billion USD by 2023 https://www.marketsandmarkets.com/Market-Reports/plastic-caps-closure-market-132939537.html
Scope of The Report This report categorizes the global refrigeration oil market based on oil type, Technology, and Raw Material. By Product Type: Screw-on caps Dispensing caps Others (double-wall closures, twist-on closures, and child-resistant closures) By Technology: Compression molding Injection molding Post-mold TE band By Raw Material: PP HDPE LDPE Others (PET and PVC) And More… https://www.marketsandmarkets.com/Market-Reports/plastic-caps-closure-market-132939537.html
Key Segments Screw-on caps segment is projected to grow at the highest rate during the forecast period 1 In the container type segment, plastic is projected to grow at the highest rate during the forecast period. 2 Asia Pacific accounted for the largest market share and is projected to grow at the highest CAGR during the forecast period. 3 Pharmaceuticals is the next application to play a key role in changing the plastic caps and closures landscape 4 Plastic caps and closures have witnessed extensive traction for the packaging of bottled water, carbonated soda drinks, and non-carbonated soda drinks. 5 https://www.marketsandmarkets.com/Market-Reports/plastic-caps-closure-market-132939537.html
Key Vendors Vendors • Berry Group (US) • Crown Holding (US) • AptarGroup (US) • Amcor (Australia) • Coral Products (UK) • Closure Systems International (US) • BERICAP (Germany) • Silgan Holdings (US) • RPC Group (UK) • And More View Report Here - https://www.marketsandmarkets.com/Market-Reports/plastic-caps-closure-market-132939537.html
Major Regions • North America • Europe • Asia-Pacific • South America • Middle East & Africa https://www.marketsandmarkets.com/Market-Reports/plastic-caps-closure-market-132939537.html
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