United States Plastic Caps and Closure Market Size, Trends, Growth Rate, Outlook and Report 2024-2032

IMARC Group, a leading market research company, has recently releases report titled “United States Plastic Caps and Closure Market Report by Product Type (Screw-On Caps, Dispensing Caps, and Others), Raw Material (PET, PP, HDPE, LDPE, and Others), Container Type (Plastic, Glass, and Others), Technology (Injection Molding, Compression Molding, Post-Mold Tamper-Evident Band), End Use (Beverages, Industrial Chemicals, Food, Cosmetics, Household Chemicals, Pharmaceuticals, and Others), and Region 2024-2032”. The study provides a detailed analysis of the industry, including the United States plastic caps and closure market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

How Big is the United States Plastic Caps and Closure Market?

The United States plastic caps and closure market size reached US$ 9,510.1 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 14,002.0 Million by 2032, exhibiting a growth rate (CAGR) of 4.3% during 2024-2032.

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United States Plastic Caps and Closure Market Growth:

 The United States plastic caps and closure market is primarily propelled by the expanding food and beverage industry, which is the largest consumer of these products. Furthermore, the escalating demand for convenient, tamper-evident, and easy-to-use packaging solutions is also stimulating the growth of the market.

In line with this, the rising consumption of bottled water, soft drinks, and ready-to-drink beverages is further catalyzing the market for high-quality plastic caps and closures. Besides this, the inflating need for reliable and secure packaging to ensure product integrity and patient safety in the pharmaceuticals sector is acting as another significant growth-inducing factor for the market.

United States Plastic Caps and Closure Market Segmentation:

Breakup by Product Type:

• Screw-On Caps
• Dispensing Caps 
• Others 

Breakup by Raw Material:

• PET 
• PP 
• HDPE 
• LDPE 
• Others

Breakup by Container Type:

• Plastic 
• Glass 
• Others

Breakup by Technology:

• Injection Molding 
• Compression Molding
• Post-Mold Tamper-Evident Band

Breakup by End Use:

• Beverages 
• Industrial Chemicals 
• Food 
• Cosmetics 
• Household Chemicals 
• Pharmaceuticals 
• Others 

Breakup by Region:

• Northeast
• Midwest
• South
• West

United States Plastic Caps and Closure Market Trends:

Apart from this, ongoing advancements in technology and material science are enabling the creation of lighter, more cost-effective, and aesthetically pleasing plastic caps and closures, which is further propelling the growth of the United States plastic caps and closure market. Additionally, the integration of smart technologies, such as QR codes and NFC, into caps and closures for better consumer engagement and brand loyalty is creating a positive outlook for the overall market.

Moreover, the rising environmental concerns and regulatory pressures are pushing manufacturers towards developing more sustainable, recyclable, and biodegradable caps and closures, which is offering significant growth opportunities to the overall market. Besides this, the shift towards e-commerce is bolstering the need for durable and leak proof packaging materials during transit, which is further expected to drive the growth of the United States plastic caps and closure market in the coming years.

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Key Highlights of the Report:

• Market Performance (2018-2023)

• Market Outlook (2024-2032)

• Market Trends

• Market Drivers and Success Factors

• Impact of COVID-19

• Value Chain Analysis

• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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