
Global Beverage Caps & Closures Market Size, Share & Trends Analysis Report, Forecast Period, 2025-2032
Report ID: MS-292 | Chemicals And Materials | Last updated: Jan, 2025 | Formats*:

Beverage Caps & Closures Report Highlights
Report Metrics | Details |
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Forecast period | 2019-2032 |
Base Year Of Estimation | 2024 |
Growth Rate | CAGR of 5.51% |
Forecast Value (2032) | USD 60.77 Billion |
By Product Type | Plastic, Metal, Aluminum, Cork |
Key Market Players |
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By Region |
Beverage Caps & Closures Market Trends
The market for beverage caps and closures continues to gain significant growth momentum in recent years owing to increased demand by the consumers for convenience and sustainability in the product. Statistically, the total size of the global market is estimated to be about USD 7.0 billion in 2023, and it will grow to approximately USD 11.18 billion by the end of 2034. This growth is fuelled by an uptick in consumption in bottled beverages like bottled water, plus a greater variety of beverage products needing speciality closures. Trends that influence this market are premiumization, when brands use coloured ends and tabs to try to entice customers to purchase their products, and the growing acceptance of aseptic packaging that paved the way for lighter and costly packages. These companies are now focusing on eco-friendliness by making products lightweight and recyclable. Formed primarily by urbanisation and rising per capita disposable income, the Asia-Pacific region is the largest segment in the global market. The North American region will account for a large share of the market due to technological advancements in this area combined with consumer preference for innovative packaging solutions.Beverage Caps & Closures Market Leading Players
The key players profiled in the report are BERICAP Holding GmbH (Germany), Guala Closures S.p.A (Italy), Closure Systems International, Inc. (U.S.), Amcor Plc (Australia), Silgan Holdings Inc. (U.S.), Aptar Group (U.S.), Weener Plastics (Netherlands), Blackhawk Molding Co. Inc. (U.S.), C. L. Smith Company (U.S.), Elmoris, Jsc (U.S.), UNITED CAPS (Luxembourg), Nippon Closures Co., Ltd. (Japan), Mold-Rite Plastics, LLC (U.S.), O.Berk Company, LLC (U.S.), Pelliconi & C. Spa. (Italy)Growth Accelerators
This market is primarily driven by the increasing availability of packaged beverages globally, such as bottled water, carbonated soft drinks, and functional beverages. Another reason for increased consumption of on-the-go beverages is growing urbanisation, changing consumer lifestyles, and increased disposable income of people in developing economies. All these factors drive the demand for sturdy, lightweight, and recyclable caps and closures that are helpful in preserving product freshness as well as extending its shelf life. Another important influencer is shifting to sustainable and environmentally friendly practices, for which manufacturers must design eco-friendly caps and closures. Consumers and regulators alike are pushing for recyclable, biodegradable, and lightweight solutions to help mitigate plastic waste and carbon footprints. These have led to the innovative development of materials such as bio-based plastics and designs with reduced resource implications with no compromise in functionality.Beverage Caps & Closures Market Segmentation analysis
The Global Beverage Caps & Closures is segmented by Type, Application, and Region. By Type, the market is divided into Distributed Plastic, Metal, Aluminum, Cork . The Application segment categorizes the market based on its usage such as Beverages, Alcoholic Drinks, Soft Drinks. Geographically, the market is assessed across key Regions like {regionNms} and others, each presenting distinct growth opportunities and challenges influenced by the regions.Competitive Landscape
Between the major competitors in the beverage caps and closures market is rife competition among the bigwigs in the market due to the increasing consumer demand towards packaged beverages as well as innovations in packaging solutions. Crown Holdings, Amcor, Bericap, and Silgan Holdings are some of the major players in the industry, with advanced manufacturing technologies and extensive global distribution networks. These companies continuously invest in research and development for the manufacture of sustainable, lightweight, and tamper-proof closures in line with changing consumer behaviour and stringent environmental regulations.Challenges In Beverage Caps & Closures Market
Significant challenges of shifting and discontinuous consumer trends and environmental concern are faced by the beverage caps & closures market. The increasing needs in sustainable packaging compel the manufacturers to work with a higher cost of production, usually requiring very high R&D investments to innovate with biodegradable and recyclable materials. Furthermore, pockets of stringent regulations in plastic and waste management in packaging in various regions surrounded the complexities of compliance fees. Small players are then found to be particularly at a loss, not knowing how to adjust to the eco-friendly trends while keeping their prices below that of bigger players. Apart from that, one more concerning factor is raw materials' price volatility, plastics and metals being the most affected, which hinders profit margins. Other compounding market pressures are exerted by competitive packaging alternatives such as cartons or pouches. Moreover, the integration of advances in engineering technologies is required to meet the requirements for preservation of the integrity of products, tamper-proof closures, and aesthetics demanded by consumers and beverage companies.Risks & Prospects in Beverage Caps & Closures Market
The beverage caps & closures market has potential opportunities that are rising with increasing demand for comfortable, sustainable, and innovative packaging solutions. The increasing consumer inclination towards beverages consumed instantaneously and the functional and health trends have been boosting the demand for advanced caps and closures. These novel technologies are gaining precedence to fit both consumer convenience and compliance with regulations, including aspects like tamper-evidence, resealability features, and weight-saving closures. The growing consumption of bottled water and ready-to-drink beverages in developing countries is untapped potential for manufacturers. Such smart closures will help companies capitalise on changing needs for consumers, who are adopting newer technologies incorporating such innovations as QR codes for traceability or smart labels for enhanced user interaction. In addition, partnerships and advancements in material science to reduce costs while improving performance further contribute to the competitive advantage and anticipated long-term growth of this sector.Key Target Audience
The major target audiences for the beverage caps and closures market are the beverage manufacturers, packaging companies, and end consumers. For beverage manufacturers—from small-scale producers to corporate giants—caps and closures are vital in ensuring the safety of their products, keeping them fresh, and improving their shelf life. They also want the newer patented closures for different needs of changing consumers—from tamper-evidence to resealability and to be made from sustainable materials.,, Packaging companies also have an essential role in working with beverage brands to make a custom cap and closure that fit branding, function, and regulation. The final consumer drives the indirect demand for them as it enhances their preference for convenience, product safety, and environmental sustainability, which is then expected from the manufacturers into making greener and more user-friendly closure solutions. These stakeholders come together to define the dynamics of the beverage caps and closures market.Merger and acquisition
Current activity in beverage caps and closures is dynamic, marked by ongoing and prospective mergers and acquisitions designed to further enhance product and market development. Reynolds Group acquired Closure Systems International in 2022, and therefore the company was able to draw knowledge from CSI in innovative closure design and expand its portfolio in the packaging sector [3]. Huhtamaki moves into Southeast Asia by acquiring local closure makers in 2024 to cater to the growing food and beverage market of the region. All these actions somehow show a commonality in movement; all companies wanting consolidation for any of the reasons, such as changing trends in consumer preference, to meet sustainability claims. On these lines, other organisations like Amcor make efforts to innovate within the market; they unveiled green caps recyclable from virgin plastic materials all over the Asia Pacific in 2023, in response to increasing legislation for green packaging and rising consumer demands about it. >Analyst Comment
"Growing demands for packaged beverages all over the world are driving a key sector in the global market for beverage caps and closures. It covers all types of sealing systems, including the straightforward screw cap and the highly advanced dispensing systems, with the ultimate aim to safeguard the product and preserve the freshness while ensuring ease of use for consumers. The rapid increase in complexity of consumer active trends in beverage evolution is calling for even more sophisticated and greener caps and closures."- 1.1 Report description
- 1.2 Key market segments
- 1.3 Key benefits to the stakeholders
2: Executive Summary
- 2.1 Beverage Caps & Closures- Snapshot
- 2.2 Beverage Caps & Closures- Segment Snapshot
- 2.3 Beverage Caps & Closures- Competitive Landscape Snapshot
3: Market Overview
- 3.1 Market definition and scope
- 3.2 Key findings
- 3.2.1 Top impacting factors
- 3.2.2 Top investment pockets
- 3.3 Porter’s five forces analysis
- 3.3.1 Low bargaining power of suppliers
- 3.3.2 Low threat of new entrants
- 3.3.3 Low threat of substitutes
- 3.3.4 Low intensity of rivalry
- 3.3.5 Low bargaining power of buyers
- 3.4 Market dynamics
- 3.4.1 Drivers
- 3.4.2 Restraints
- 3.4.3 Opportunities
4: Beverage Caps & Closures Market by Type
- 4.1 Overview
- 4.1.1 Market size and forecast
- 4.2 Plastic
- 4.2.1 Key market trends, factors driving growth, and opportunities
- 4.2.2 Market size and forecast, by region
- 4.2.3 Market share analysis by country
- 4.3 Metal
- 4.3.1 Key market trends, factors driving growth, and opportunities
- 4.3.2 Market size and forecast, by region
- 4.3.3 Market share analysis by country
- 4.4 Aluminum
- 4.4.1 Key market trends, factors driving growth, and opportunities
- 4.4.2 Market size and forecast, by region
- 4.4.3 Market share analysis by country
- 4.5 Cork
- 4.5.1 Key market trends, factors driving growth, and opportunities
- 4.5.2 Market size and forecast, by region
- 4.5.3 Market share analysis by country
5: Beverage Caps & Closures Market by Application / by End Use
- 5.1 Overview
- 5.1.1 Market size and forecast
- 5.2 Beverages
- 5.2.1 Key market trends, factors driving growth, and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market share analysis by country
- 5.3 Alcoholic Drinks
- 5.3.1 Key market trends, factors driving growth, and opportunities
- 5.3.2 Market size and forecast, by region
- 5.3.3 Market share analysis by country
- 5.4 Soft Drinks
- 5.4.1 Key market trends, factors driving growth, and opportunities
- 5.4.2 Market size and forecast, by region
- 5.4.3 Market share analysis by country
6: Beverage Caps & Closures Market by Material
- 6.1 Overview
- 6.1.1 Market size and forecast
- 6.2 Plastic
- 6.2.1 Key market trends, factors driving growth, and opportunities
- 6.2.2 Market size and forecast, by region
- 6.2.3 Market share analysis by country
- 6.3 Metal
- 6.3.1 Key market trends, factors driving growth, and opportunities
- 6.3.2 Market size and forecast, by region
- 6.3.3 Market share analysis by country
- 6.4 Others
- 6.4.1 Key market trends, factors driving growth, and opportunities
- 6.4.2 Market size and forecast, by region
- 6.4.3 Market share analysis by country
7: Competitive Landscape
- 7.1 Overview
- 7.2 Key Winning Strategies
- 7.3 Top 10 Players: Product Mapping
- 7.4 Competitive Analysis Dashboard
- 7.5 Market Competition Heatmap
- 7.6 Leading Player Positions, 2022
8: Company Profiles
- 8.1 BERICAP Holding GmbH (Germany)
- 8.1.1 Company Overview
- 8.1.2 Key Executives
- 8.1.3 Company snapshot
- 8.1.4 Active Business Divisions
- 8.1.5 Product portfolio
- 8.1.6 Business performance
- 8.1.7 Major Strategic Initiatives and Developments
- 8.2 Guala Closures S.p.A (Italy)
- 8.2.1 Company Overview
- 8.2.2 Key Executives
- 8.2.3 Company snapshot
- 8.2.4 Active Business Divisions
- 8.2.5 Product portfolio
- 8.2.6 Business performance
- 8.2.7 Major Strategic Initiatives and Developments
- 8.3 Closure Systems International
- 8.3.1 Company Overview
- 8.3.2 Key Executives
- 8.3.3 Company snapshot
- 8.3.4 Active Business Divisions
- 8.3.5 Product portfolio
- 8.3.6 Business performance
- 8.3.7 Major Strategic Initiatives and Developments
- 8.4 Inc. (U.S.)
- 8.4.1 Company Overview
- 8.4.2 Key Executives
- 8.4.3 Company snapshot
- 8.4.4 Active Business Divisions
- 8.4.5 Product portfolio
- 8.4.6 Business performance
- 8.4.7 Major Strategic Initiatives and Developments
- 8.5 Amcor Plc (Australia)
- 8.5.1 Company Overview
- 8.5.2 Key Executives
- 8.5.3 Company snapshot
- 8.5.4 Active Business Divisions
- 8.5.5 Product portfolio
- 8.5.6 Business performance
- 8.5.7 Major Strategic Initiatives and Developments
- 8.6 Silgan Holdings Inc. (U.S.)
- 8.6.1 Company Overview
- 8.6.2 Key Executives
- 8.6.3 Company snapshot
- 8.6.4 Active Business Divisions
- 8.6.5 Product portfolio
- 8.6.6 Business performance
- 8.6.7 Major Strategic Initiatives and Developments
- 8.7 Aptar Group (U.S.)
- 8.7.1 Company Overview
- 8.7.2 Key Executives
- 8.7.3 Company snapshot
- 8.7.4 Active Business Divisions
- 8.7.5 Product portfolio
- 8.7.6 Business performance
- 8.7.7 Major Strategic Initiatives and Developments
- 8.8 Weener Plastics (Netherlands)
- 8.8.1 Company Overview
- 8.8.2 Key Executives
- 8.8.3 Company snapshot
- 8.8.4 Active Business Divisions
- 8.8.5 Product portfolio
- 8.8.6 Business performance
- 8.8.7 Major Strategic Initiatives and Developments
- 8.9 Blackhawk Molding Co. Inc. (U.S.)
- 8.9.1 Company Overview
- 8.9.2 Key Executives
- 8.9.3 Company snapshot
- 8.9.4 Active Business Divisions
- 8.9.5 Product portfolio
- 8.9.6 Business performance
- 8.9.7 Major Strategic Initiatives and Developments
- 8.10 C. L. Smith Company (U.S.)
- 8.10.1 Company Overview
- 8.10.2 Key Executives
- 8.10.3 Company snapshot
- 8.10.4 Active Business Divisions
- 8.10.5 Product portfolio
- 8.10.6 Business performance
- 8.10.7 Major Strategic Initiatives and Developments
- 8.11 Elmoris
- 8.11.1 Company Overview
- 8.11.2 Key Executives
- 8.11.3 Company snapshot
- 8.11.4 Active Business Divisions
- 8.11.5 Product portfolio
- 8.11.6 Business performance
- 8.11.7 Major Strategic Initiatives and Developments
- 8.12 Jsc (U.S.)
- 8.12.1 Company Overview
- 8.12.2 Key Executives
- 8.12.3 Company snapshot
- 8.12.4 Active Business Divisions
- 8.12.5 Product portfolio
- 8.12.6 Business performance
- 8.12.7 Major Strategic Initiatives and Developments
- 8.13 UNITED CAPS (Luxembourg)
- 8.13.1 Company Overview
- 8.13.2 Key Executives
- 8.13.3 Company snapshot
- 8.13.4 Active Business Divisions
- 8.13.5 Product portfolio
- 8.13.6 Business performance
- 8.13.7 Major Strategic Initiatives and Developments
- 8.14 Nippon Closures Co.
- 8.14.1 Company Overview
- 8.14.2 Key Executives
- 8.14.3 Company snapshot
- 8.14.4 Active Business Divisions
- 8.14.5 Product portfolio
- 8.14.6 Business performance
- 8.14.7 Major Strategic Initiatives and Developments
- 8.15 Ltd. (Japan)
- 8.15.1 Company Overview
- 8.15.2 Key Executives
- 8.15.3 Company snapshot
- 8.15.4 Active Business Divisions
- 8.15.5 Product portfolio
- 8.15.6 Business performance
- 8.15.7 Major Strategic Initiatives and Developments
- 8.16 Mold-Rite Plastics
- 8.16.1 Company Overview
- 8.16.2 Key Executives
- 8.16.3 Company snapshot
- 8.16.4 Active Business Divisions
- 8.16.5 Product portfolio
- 8.16.6 Business performance
- 8.16.7 Major Strategic Initiatives and Developments
- 8.17 LLC (U.S.)
- 8.17.1 Company Overview
- 8.17.2 Key Executives
- 8.17.3 Company snapshot
- 8.17.4 Active Business Divisions
- 8.17.5 Product portfolio
- 8.17.6 Business performance
- 8.17.7 Major Strategic Initiatives and Developments
- 8.18 O.Berk Company
- 8.18.1 Company Overview
- 8.18.2 Key Executives
- 8.18.3 Company snapshot
- 8.18.4 Active Business Divisions
- 8.18.5 Product portfolio
- 8.18.6 Business performance
- 8.18.7 Major Strategic Initiatives and Developments
- 8.19 LLC (U.S.)
- 8.19.1 Company Overview
- 8.19.2 Key Executives
- 8.19.3 Company snapshot
- 8.19.4 Active Business Divisions
- 8.19.5 Product portfolio
- 8.19.6 Business performance
- 8.19.7 Major Strategic Initiatives and Developments
- 8.20 Pelliconi & C. Spa. (Italy)
- 8.20.1 Company Overview
- 8.20.2 Key Executives
- 8.20.3 Company snapshot
- 8.20.4 Active Business Divisions
- 8.20.5 Product portfolio
- 8.20.6 Business performance
- 8.20.7 Major Strategic Initiatives and Developments
9: Analyst Perspective and Conclusion
- 9.1 Concluding Recommendations and Analysis
- 9.2 Strategies for Market Potential
Scope of Report
Aspects | Details |
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By Type |
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By Application |
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By Material |
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Report Licenses
Frequently Asked Questions (FAQ):
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