2025 Outlook: Metal Crown Closures Market Size, Growth, and Share Insights


Posted January 20, 2025 by researchblog2025

The Metal Crown Closures Market is experiencing steady growth, driven by the increasing demand for durable and tamper-evident packaging solutions in the beverage industry.

 
The Metal Crown Closures Market is experiencing steady growth, driven by the increasing demand for durable and tamper-evident packaging solutions in the beverage industry.

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Market Overview:
• Market Size and Growth: The global metal caps and closures market was valued at approximately USD 23.48 billion in 2023 and is projected to reach around USD 32.06 billion by 2032, reflecting a compound annual growth rate (CAGR) of about 3.5% during this period.

Key Players:
Prominent companies operating in the metal crown closures market include:
• Crown Holdings, Inc.
• Silgan Holdings Inc.
• Guala Closures Group
• Bericap GmbH & Co. KG
• Amcor Limited
• Alcoa Corporation
• Mitsubishi Chemical Corporation
• Meyer Seals Alu
• Zeller Plastik
• United Caps

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Market Segmentation:
• By Material Type:
o Aluminum
o Steel
• By Closure Type:
o Crown Caps
o Screw Caps
o Twist-Off Caps
o Other Closure Types
• By End-Use Industry:
o Beverages
o Food
o Pharmaceuticals
o Personal Care
o Others

Regional Analysis:
• North America: The metal caps and closures market in North America is expected to reach USD 6.53 billion in 2025 and grow at a CAGR of 3.81% to reach USD 7.87 billion by 2030.
• Europe: The market in Europe is projected to grow at a CAGR of 2.70% during the forecast period, reaching an estimated value of USD 28.4 billion by 2034.
• Asia-Pacific: The Asia-Pacific region is anticipated to witness significant growth, driven by the expanding beverage industry and increasing consumer demand for packaged drinks.

Market Trends and Challenges:
• Sustainability: There is a growing trend towards eco-friendly and recyclable packaging solutions, prompting manufacturers to innovate and develop sustainable metal closures.
• Technological Advancements: The development of tamper-evident and child-resistant closures is gaining traction, enhancing product safety and consumer confidence.
• Economic Factors: Fluctuations in raw material prices, such as aluminum and steel, can impact production costs and pricing strategies.

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Issued By Stats and Research
Country India
Categories Business
Tags metal crown closures market
Last Updated January 20, 2025