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Caps and Closures Demand to reach US$103.5 billion by 2030

Caps and Closures market size is estimated at US$76.1 billion in 2024 and projected to post a CAGR of 5.2% between 2024 and 2030 to reach US$103.5 billion by 2030, driven by several key growth trends such as the growing demand from the food and beverage sector for tamper-proof, leak-proof, and extended shelf-life solutions.

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Caps and Closures Demand to reach US$103.5 billion by 2030

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  1. Caps and Closures Demand is Primarily Driven by Convenience Packaging Growing Consumption of Packaged Goods and Rising Urbanization

  2. Industry Experts, Inc., has released its latest report on Caps and Closures Market, which projects the demand for the same to reach US$103.5 billion by 2030 from an estimated US$76.1 billion in 2024 at a CAGR of 5.2% between the two years.

  3. The report studies the caps and closures market across all major regions including North America (The United States, Canada, and Mexico), Europe (France, Germany, Italy, Spain, the United Kingdom, Russia & Rest of Europe), Asia-Pacific (Australia, China, India, Japan, Thailand, Vietnam & Rest of Asia-Pacific), South America (Colombia, Brazil & Rest of South America) and Middle East & Africa (Egypt, Saudi Arabia, UAE & Rest of Middle East & Africa).

  4. The market for major caps and closures types analyzed in this report includes Screw Closures, Dispensing Caps, Aerosol Closures, Crown Closures and Other. The study also examines the market for caps and closures by material type comprising Plastic, Metal and Others. With regard to end-user sectors, the global market for caps and closures has been categorized into Food, Beverages, Healthcare, Cosmetics & toiletries and Others.

  5. About Industry Experts, Inc. Industry Experts, Inc., ranks among the leading market research providers globally. The company's off-the-shelf and customized business intelligence reports offer strategic insights and valuable guidance to enable various stakeholders, such as corporate strategists, analysts, researchers and startups, among others, in obtaining valuable, crisp and unbiased current and future market data. For more information, contact us on +1-320-497-3787 or visit https://industry-experts.com/

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