Global Caps and Closures Market 2012-2016
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TechNavio's analysts forecast the Global Caps and Closures market to grow at a CAGR of 5.2 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing demand for packaged foods and beverages. The Global Caps and Closures market has also been witnessing an increasing preference to use plastic material in packaging. However, rising raw materials prices could pose a challenge to the growth of this market.
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