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Plastic Caps and Closures Market worth 51.67 Billion USD by 2023

The plastic caps and closures market size is projected to grow from USD 40.52 Billion in 2018 to USD 51.67 Billion by 2023, at a CAGR of 4.99%. This market is witnessing considerable growth due to increasing demand for convenience packaging and growing concerns about product safety and security. Growing demand for bottled water and from end-use industries such as beverages, pharmaceuticals, food, and home & personal care is the key factor driving the growth of the plastic caps and closures market.

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Plastic Caps and Closures Market worth 51.67 Billion USD by 2023

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  1. Plastic Caps and Closures Market worth 51.67 Billion USD by 2023 https://www.marketsandmarkets.com/Market-Reports/plastic-caps-closure-market-132939537.html

  2. Scope of The Report This report categorizes the global refrigeration oil market based on oil type, Technology, and Raw Material. By Product Type: Screw-on caps Dispensing caps Others (double-wall closures, twist-on closures, and child-resistant closures) By Technology: Compression molding Injection molding Post-mold TE band By Raw Material: PP HDPE LDPE Others (PET and PVC) And More… https://www.marketsandmarkets.com/Market-Reports/plastic-caps-closure-market-132939537.html

  3. Key Segments Screw-on caps segment is projected to grow at the highest rate during the forecast period 1 In the container type segment, plastic is projected to grow at the highest rate during the forecast period. 2 Asia Pacific accounted for the largest market share and is projected to grow at the highest CAGR during the forecast period. 3  Pharmaceuticals is the next application to play a key role in changing the plastic caps and closures landscape  4 Plastic caps and closures have witnessed extensive traction for the packaging of bottled water, carbonated soda drinks, and non-carbonated soda drinks. 5 https://www.marketsandmarkets.com/Market-Reports/plastic-caps-closure-market-132939537.html

  4. Key Vendors Vendors • Berry Group (US) • Crown Holding (US) • AptarGroup (US) • Amcor (Australia) • Coral Products (UK) • Closure Systems International (US) • BERICAP (Germany) • Silgan Holdings (US) • RPC Group (UK) • And More View Report Here - https://www.marketsandmarkets.com/Market-Reports/plastic-caps-closure-market-132939537.html

  5. Major Regions • North America • Europe • Asia-Pacific • South America • Middle East & Africa https://www.marketsandmarkets.com/Market-Reports/plastic-caps-closure-market-132939537.html

  6. MarketsandMarkets’ Value Proposition How are we different? • Most-detailed market segmentation in industry • In-depth analysis of patents & profiles of key market players providing a competitive landscape • Market data for segments such as technologies, services & applications across geographies • High level analysis of major market segments and identification of opportunities

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