US demand for caps and closures will rise 4.0 percent per year to $11.1 billion in 2018, with unit demand exceeding 300 billion. Plastic types will remain by far the dominant material, while other products such as elastomer and rubber stoppers will grow the fastest. Dispensing closures will lead gains based on their convenience and functionality benefits.This study analyzes the $9.1 billion US cap and closure industry. It presents historical demand data for 2003, 2008 and 2013, and forecasts for 2018 and 2023 by raw material (e.g., plastic, metal), product (e.g., threaded, dispensing, unthreaded, child-resistant, screw and lug, crowns, roll-ons, elastomer and rubber) and market (e.g., beverages, pharmaceuticals, food, cosmetics and toiletries, household cleaning chemicals, automotive chemicals).The study also considers market environment factors, details industry structure, evaluates company market share and profiles 33 industry players, including Berry Plastics, Silgan and AptarGroup.
