Market Share of United States Plastic Caps And Closures Industry
The plastic caps and closures market in the United States exhibits a semi-consolidated nature, projected to persist in the forecasted period. The market features moderate barriers to exit, a strong inclination toward established brands, moderate advertising expenditures, and notable merger and acquisition activities among key players. Major market participants include Silgan Closures (Silgan Holdings Inc.), Amcor Ltd, Aptargroup Inc., Berry Global Inc., and Albéa Services SAS, among others.
In July 2023, Albéa expanded its low-profile caps range for the North American market, introducing the new “PP Slight Cap” available from its Reynosa, Mexico plant. Featuring reduced height and an environmentally conscious design, it complements extruded tubes.
Also, in July 2023, Berry Corporation announced its acquisition of Macpherson Energy Corporation. This strategic move is anticipated to serve as a principal component of the company’s capital return strategy throughout the forecast period.
United States Plastic Caps and Closures Market Leaders
Silgan Closures (Silgan Holdings Inc.)
Amcor Ltd
Aptargroup Inc.
Berry Global Inc.
Albéa Services SAS
*Disclaimer: Major Players sorted in no particular order
