Market Overview

The Global Beverage Caps & Closures Market was valued at USD 77,543.3 million in 2023 and is expected to reach USD 116,324.3 million by 2031 while growing at a CAGR of 5.2% during the forecast period (2024-2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global beverage caps & closures market growth. Beverage caps and closures, encompassing a variety of seals, are utilized to securely close containers like bottles, cans, and cartons, serving multiple functions. They maintain beverage freshness and quality, prevent leakage, and ensure safety during transportation and storage.

Rising beverage consumption, spanning carbonated soft drinks, bottled water, juices, energy drinks, and alcohol, coupled with packaging design innovations, propels the beverage caps and closures market. Nonetheless, challenges such as strict regulations and environmental worries could hinder market growth.

Furthermore, the global beverage caps & closures industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Material Analysis

The Global Beverage Caps & Closures Market is segmented among Metal, Plastic, and Other Materials, based on Material. In 2023, Plastic accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Beverage Caps & Closures Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share and is expected to grow with the highest CAGR during the forecast period (2024 – 2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are Crown Holdings Inc., Berry Global, Inc., Aptar Group Inc., Evergreen Packaging Inc., Global Closure Systems, Silgan Holdings Inc., Bericap GmbH & Co. KG, Guala Closures Group, Ball Corporation, and Amcor Ltd.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Beverage Caps & Closures Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Beverage Caps & Closures Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Beverage Caps & Closures Market Segmentation, By Material

• Global Beverage Caps & Closures Market Share Analysis, By Material

• Global Beverage Caps & Closures Market Growth Analysis, By Material

• Global Beverage Caps & Closures Market Trends, By Material

o Metal

o Plastic

o Other Materials (Rubber, Cork)

6. Global Beverage Caps & Closures Market Segmentation, By Region

• Global Beverage Caps & Closures Market Share Analysis, By Region

• Global Beverage Caps & Closures Market Growth Analysis, By Region

• Global Beverage Caps & Closures Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

7. Competitive Landscape

• Crown Holdings Inc*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• Berry Global, Inc.

• Aptar Group Inc

• Evergreen Packaging Inc

• Global Closure Systems

• Silgan Holdings Inc.

• Bericap GmbH & Co. KG

• Guala Closures Group

• Ball Corporation

• Amcor Ltd   

 *Similar analysis will be provided for each company listed above.