How big is the Metal Caps and Closures Market?

The Metal Caps and Closures Market size is expected to reach USD 24.57 billion in 2024 and grow at a CAGR of 3.38% to reach USD 29.01 billion by 2029. Read More

What is the current Metal Caps and Closures Market size?

In 2024, the Metal Caps and Closures Market size is expected to reach USD 24.57 billion. Read More

Who are the key players in Metal Caps and Closures Market?

Crown Holdings Inc., O.Berk Company, Pelliconi & C. SpA, Amcor PLC and Guala Closures S.P.A. are the major companies operating in the Metal Caps and Closures Market. Read More

Which is the fastest growing region in Metal Caps and Closures Market?

Asia is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Metal Caps and Closures Market?

In 2024, the Asia accounts for the largest market share in Metal Caps and Closures Market. Read More

What years does this Metal Caps and Closures Market cover, and what was the market size in 2023?

In 2023, the Metal Caps and Closures Market size was estimated at USD 23.74 billion. The report covers the Metal Caps and Closures Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Metal Caps and Closures Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Metal Caps & Closures Market - Size, Trends & Manufacturers

Metal Caps & Closures Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Metal Caps and Closures Market is Segmented by Material Type (Aluminum, Steel, Tin), Closures Type (Crown Caps, Screw Caps, Twist Metal Caps, Others (Easy Open Ends, Ropp Metal Caps)), End-User Industry (Food, Beverages (Alcoholic, Non-Alcoholic), Pharmaceuticals, Personal Care) and Geography (north America, Europe, Asia-Pacific, Middle East and Africa, Latin America). The Market Sizes and Forecasts are Provided in Terms of Value in USD for all the Above Segments.

Metal Caps and Closures Industry Overview

The global metal caps and closures market is highly fragmented and competitive due to the presence of international vendors. Some of the key players in this market are Crown Holdings, O.Berk Company, Guala Closures S.P.A., and Amcor P.L.C., amongst others. Intense competition prevails in the market in terms of product differentiation, portfolio, and pricing. The rising demand for value-added closures and tamper resistance properties will augment the usage of metal caps and closures in various segments, primarily pharmaceuticals and beverages.

In July 2022, Guala Closures, a company that produced closures for various types of bottles, acquired Labrenta, a high-end closure specialist based in Vicenza. This acquisition was crucial for Guala Closures as it helped the company expand its reach in the luxury segment, thus making it a world leader in the industry.