Upgraded Lifestyle to Propel the Global Industry of Caps and Closures

Caps and closures can be customized to meet the needs of a wide range of products and containers. They have a specific bottle, container, or jar neck fitment. Also, the outside and inner materials of caps and closures are constructed of such material and developed to suit the various contents. As an illustration, the global packaging company Amcot plc unveiled a brand new-patented technique for the creation of customized, dimensional, and recyclable closures in February 2020. The customized closure of this new solution, which is aimed at premium wine and alcohol bottle brands, elevates the design and guarantees the quality of the goods.

According to Fortune Business Insights, the global market size for caps and closures was valued at USD 69.88 billion in 2022. The market is estimated to reach USD 111.02 billion by 2030, exhibiting a CAGR of 6.07% over 2023-2030.

Fortune Business Insights™ Presents the 10 Prominent Names in the Caps and Closures Industry

1. Closure Systems International, Inc.      

Closure Systems International Inc. (CSI) is one of the top caps and closures manufacturers, creating cutting-edge closures for a variety of uses in the consumer and industrial markets. Bottled water, juices, isotonic beverages, teas, carbonated soft drinks, adult beverages, and food, as well as the dairy, pharmaceutical, and automotive industries, are some of the company’s key product categories.

September 2021: Closure Systems International Inc. (CSI) announced the launch of its Twist & Flip® tethered closure design. It is a cap that stays on the bottle throughout its lifecycle and is designed using CSI's very own PolyCycle™ resin, which is 100% approved by the FDA.

2. Silgan Closure GmbH

Silgan Closures GmbH is one of the leading caps and closures manufacturers which makes metal or plastic containers for food and beverages. The company offers solutions for its customers that meet their needs, ranging from metal and composite to innovative plastic closures.

July 2018: The ELC 30L, the newest generation of ELC gable top caps, was officially introduced by Silgan Closures. It is made to fit boxes of different shapes and sizes, ranging from 28 to 35 mm. The ELC replaces the pull ring with a drop-down tamper band and offers aural, tactile, and visual proof of tampering.

3. Crown Holdings

Crown Holdings, Inc. is a worldwide leader in the design and manufacture of rigid packaging products in the industry. The company produces metal beverages, food cans, closures, aerosol metal containers, and specialty packing. The company helps its customers stay ahead of the competition in the food and beverage, personal care, household, and luxury sectors.

February 2018: A business unit of Crown Holdings, Inc., Crown Food Europe, launched a comprehensive service package for food manufacturers. Three of Crown's capping solutions, including The Smart Capper™, the Euro Capper™, and the Global Capper™, were part of the package.

4. Pact Group

Pact Group is a global manufacturer and supplier of rigid plastic and metal packaging products in the industry. It provides effective packing solutions for dairy and beverages, health and personal care, fresh food, processed food, and many household and industrial products.

October 2021: Pact collaborated with Goodman Fielder to transition its packaging for Praise Mayonnaise and Aioli to bottles and jars designed with 100% recycled PET. The shift to recycled packaging will save 380 tons of virgin plastic every year. The jars, bottles, and caps are also designed to be 100% recyclable.

5. Berry Global

Berry Global, Inc., a Fortune 500 global marketer and producer of plastic packaging goods, is headquartered in Evansville, Indiana, and employs over 47,000 people in over 300 facilities around the world, including an injection molding facility that supports Russian production.

March 2022: A US-based plastic packaging product maker, Berry Global, collaborated with skincare company Koa to launch two new products: Body Cleanser and Body Moisturizer bottles and closures made from 100% recycled plastic.

6. Alpha Packaging

Alpha Packaging is a top manufacturer of plastic bottles and jars for pharmaceuticals, nutritional supplements, personal care products, household chemicals, specialty foods, and automotive chemicals. They specialize in custom and stock bottles made from polyethylene terephthalate and high-density polyethylene, ranging from 1 ounce to 1 gallon.

September 2021: Pretium Packaging, L.L.C. ("Pretium"), a designer and manufacturer of packaging solutions in partnership with management, announced the signing of an agreement to acquire Alpha Consolidated Holdings, Inc. The acquisition will offer both companies' customer bases advanced packaging solutions.

7. Amcor plc 

Amcor plc is the manufacturer and supplier of flexible packaging and specialty folding cartons for the industry. The company has a presence in 40 countries and has established over 230 manufacturing sites globally. The company makes lightweight, reusable, and prepared packaging using recycled content. 

March 2020: Amcor introduced a proprietary system for the development of dimensional, recyclable, and bespoke closures that demand attention as well as elevate the world's most exclusive spirits and wine brands. While introducing ShapeArt to its product line, the company also offered comprehensive ShapeArt services.

8. Guala Closures S.p.A.

Guala Closures Group was founded in Italy in 1954 and is a multinational leader in producing non-refillable and aluminum closures for spirits, olive oil, condiments, wine, water, and beverages. It operates on five continents through 30 global production plants and markets its products in around 100+ countries.

June 2021: Divinum Blossom™ was launched for the Guala Closures' Blossom™ Sustainable Closures range of sustainable caps. Divinum Blossom™ is a star screwcap for wine in the standard 30x60 format and is designed using recycled, and recyclable and renewable source materials.

9. AptarGroup, Inc

AptarGroup, Inc., is a US-based leading consumer dispensing packaging and drug delivery device manufacturer. The company's high-quality, innovative dispensing solutions for cosmetics, skincare, and fragrance enhance joy and satisfaction among customers.

January 2022: With ACTIPH Water, Aptar (Food+Beverage) introduced their Rocket sports cap. It is the first alkaline ionized bottled water made with single-use plastics (SUP), a sustainable practice, in Europe.

10. SABIC

Saudi Basic Industries Corporation, also known as SABIC, is a Saudi-based chemical manufacturing company. They support customers by identifying and developing key opportunities in several end markets, like medical devices, packaging, agri-nutrients, construction, electrical and electronics, transportation, and clean energy.

May 2018: At the Plastic Closures Innovations Conference in Berlin, Germany, Sabic showcased new materials and solutions for beverage, food and non-food packaging caps and closures. The company wants to broaden the scope of its application coverage to include non-food and food-related industries.

What Lies Ahead for the Caps and Closures Industry?

The trend of caps and closures has resulted in lighter, smaller, and more practical packaging because the modern lifestyle demands lightweight products that are simple to use. Given their significance, they are receiving a lot of attention from players who want to enhance their qualities. The industry is likely to grow more in the coming years as they are used more and more in our daily lives. Given people's updated lifestyles, the market for caps and closures will see significant growth and will continue to grow in the future.