US Plastic Caps and Closures Market

“US Plastic Caps and Closures Market Research Report and Forecast 2023-2028” provides a deep and thorough evaluation of the plastic caps and closures market in the United States on the basis of product type (Screw-On Caps, Dispensing Caps, Others), technology (Injection Molding, Compression Molding and Post-Mold Tamper-Evident Band), raw material (HDPE (High Density Polyethylene),LDPE (Low Density Polyethylene),PP (Polypropylene) and Others) and end-use (Beverages, Food, Pharmaceuticals, Personal & Homecare and Others). Plastic caps and closures are secure and safe packaging solutions commonly used to seal jars, tubes, bottles, and containers. They are produced from polyethylene (PE), polyethylene Terephthalate (PET), polypropylene (PP), high-density polyethylene (HDPE), and low-density polyethylene (LDPE) material. Plastic caps and closures type and design vary based on the product packaging. They help maintain the integrity, quality, and freshness of products, enhance aesthetics and product functionality, prevent content from spoilage, evaporation, dust, and contamination, and extend shelf life. They are also lightweight, versatile, durable, recyclable, economical, non-corrosive and resistant to temperature. Owing to these properties, plastic caps and closures find extensive applications in the chemical, pharmaceutical, cosmetics and toiletries, household, healthcare, and food and beverage (F&B) industries in the United States.

The market is primarily driven by the escalating demand for packaged products across numerous industrial verticals. In addition, the expanding food and beverage (F&B) sector and the increasing demand for water, alcoholic drinks, and non-carbonated beverages are escalating the demand for caps and closures to prevent exposure to light, air, and dust particles and secure from microbial attacks. Moreover, the increasing utilization of plastic caps and closures in household goods, including bleaches, insect repellents, and toilet cleaners, to extend their shelf life is providing a thrust to market growth. Besides this, the growing environmental concerns and the surging need to produce eco-friendly bioplastic caps and closures to lower carbon dioxide (CO2) emissions are propelling the market growth. Along with this, the increasing utilization of caps and closures in the pharmaceutical industry to seal bottles, cans of drugs, saline bottles, supplements, and vaccine vials represents another major growth-inducing factor. Apart from this, the widespread product adoption in cosmetics, such as nail and lip care products, is influencing market growth. The market is further propelled by the increasing use of motor oil and other car care products, which require effective sealing options. Furthermore, extensive research and development (R&D) activities conducted by key players to produce unique and cost-effective products are also creating a positive market outlook across the country.

Beginning with a regional overview, the report explores the dynamics that have a strong influence on the US plastic caps and closures market and can also impact its future growth. Taking 2022 as the base year, the report covers the historical market scenario from 2017-2022 and provides forecasts till 2028. This includes the study of value and volume trends and pricing history. Growth-inducing factors, market restraints and recent developments have also been analysed in the report in order to provide deeper knowledge about the industry. On a regional basis, the report examines the US plastic caps and closures market in North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. For each of these regions, the report studies the US plastic caps and closures market in detail for the latest trends, outlook and opportunities.

The report analyses the competitive structure of the US plastic caps and closures industry and provides the profiles of major players operating in the market. The price margins for the products, along with the various success and risk factors for manufacturers, have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the US plastic caps and closures industry along the parameters of Porter’s Five Forces model. This model examines the degree of competition in the US plastic caps and closures industry by analysing the threat posed by new entrants and substitutes and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report, which highlights the strengths, weaknesses, opportunities and threats pertaining to the US plastic caps and closures industry. Furthermore, the value chain analysis of the US plastic caps and closures industry has also been covered in the report. This comprises all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution.

US Plastic Caps and Closures Market Key Segments

Segmentation by Product Type 

• Screw-On Caps 
• Dispensing Caps 
• Others

Segmentation by Technology

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

Segmentation by Raw Material

• HDPE (High Density Polyethylene) 
• LDPE (Low Density Polyethylene) 
• PP (Polypropylene) 
• Others

Segmentation by End-Use 

• Beverages 
• Food 
• Pharmaceuticals 
• Personal & Homecare 
• Others

The price margins for the products along with various success and risk factors for manufacturers have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the US plastic caps and closures industry along the parameters of the Porter’s Five Forces model. This model examines the degree of competition in the US plastic caps and closures market by analyzing the threats posed by new entrants and substitutes, and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report which highlights the strengths, weaknesses, opportunities and threats pertaining to the plastic caps and closures industry. Furthermore, the value chain analysis of the plastic caps and closures industry has also been covered in the report. This comprises of all the activities in the value chain, such as the procurement of various raw materials, manufacturing and sales of the products, and their distribution.

Key questions answered in the report include

• What is the historical and current scenario of the US plastic caps and closures market?
• What are the trends and developments in the US plastic caps and closures market?
• What is the market forecast of the US plastic caps and closures market during 2023-2028?
• What is the price analysis and forecast of the US plastic caps and closures market?
• What is the Porter’s five forces analysis of the US plastic caps and closures market?
• What is the SWOT analysis for the US plastic caps and closures market?
• What is the value chain analysis of the US plastic caps and closures market?

The report is a result of exhaustive primary and secondary research undertaken by analysts having years of experience in the plastic caps and closures industry. All the qualitative and quantitative aspects of the industry have been covered and the collected data has been analyzed and presented in the form of easily comprehensible charts, graphs and tables.