Packaging News

Plastic Caps and Closures Demand To Grow 4.1% Annually Through 2021

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By: TOM BRANNA

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Global plastic caps and closures demand is projected to advance 4.1% per year to nearly 1.9 trillion units in 2021. Gains will be driven by bottled water, which has become the largest application for plastic closures and offers the greatest growth opportunities through 2021. These and other trends are presented in Global Plastic Caps & Closures Market, a new study from The Freedonia Group, a Cleveland-based industry research firm. Threaded plastic caps and closures accounted for the larg...

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