The Aluminium Caps & Closures market trends was valued at USD 6.8 billion in 2022. It is projected to reach USD 9.28 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 3.9% during the forecast period from 2023 to 2030. Aluminium caps and closures play a crucial role in the packaging industry, ensuring the safety and integrity of various products. With the increasing demand...

The Caps and Closures Market are majorly used for preserving products and increasing their life. They are mostly constituted of plastic, metal, rubber, or combinations of such components. The quality of material to be utilized in packaging relies upon the type and application of the product to be packaged. Mostly, plastic materials such as Polypropylene, Polyethylene, polystyrene, and polyvinyl...

The global plastic caps and closures market is expected to experience significant growth over the next few years, driven by factors such as the increasing demand for convenience and packaged food and beverages, growing concerns over food safety and hygiene, and the rise in the use of plastic as a lightweight and cost-effective material for packaging. According to a report by MNM,...