Company News, Packaging News

Plastic Caps and Closures On the Rise

Demand to grow 4.1% annually through 2021.

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.   Threaded plastic caps and closures accounted for the largest share of plastic caps and closures de...

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