Market Share of Plastic Caps and Closures Industry
The plastic caps and closures market is in between consolidated and fragmented because it has many players, and there are not many significant players driving the market. Some of the major players in the market studied include Silgan Holdings Inc., Amcor Ltd, Crown Holdings Inc., Aptar Group Inc., and Berry Global Inc. Recent developments in the market are -
- October 2022 - A new two-piece child-resistant cap from Rieke was introduced to meet the needs of consumers who are aging and becoming older. Manufacturers and distributors of pharmaceutical and nutraceutical items can help shield future generations from unintentional exposure to dangerous products while furthering their sustainability goals with Rieke's most recent innovation, Child Resistant Caps.
- September 2022 - As part of a packaging development across its entire portfolio, Coca-Cola Great Britain, in collaboration with Coca-Cola Europacific Partners (CCEP), has been expanding the rollout of its attached caps to 500ml plastic bottles. The company claims that this will help increase recycling rates and reduce waste.
- The new design makes it possible for the cap to remain attached to the bottle even after it has been opened, making it simpler to recycle the complete package and guaranteeing that no cap is lost. The bottle top also reads, "I am attached to recycling with you."
Plastic Caps and Closures Market Leaders
Silgan Holdings Inc.
Amcor Ltd
Crown Holdings Inc.
Aptar Group Inc.
Berry Global Inc.
*Disclaimer: Major Players sorted in no particular order
