Market Research Insights

  San Francisco, 6 Aug 2021:   The Report  Caps And Closures Market  Size, Share & Trends Analysis Report By Product (Dispensing Caps, Screw, Crown), By Material (Plastic, Metal), By Application (Food, Cosmetics & Toiletries), By Region, And Segment Forecasts, 2021 - 2030 The global caps and closures market size is expected to surpass USD 143,699.6 million by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.0% over the forecast period. The market is projected to be driven by the growth in the food & beverage industry across the globe, contributing to an increased usage of packaging products. Rising counterfeiting activities in the alcoholic beverages market are likely to boost demand for anti-tamper or tamper-evident closure. For instance, Everledger launched a new line of anti-tamper closures for wine and spirit bottles in April 2020, wherein the bottle cap is provided with Near Field Communication (NFC)-powered tamper detection label.

  San Francisco, 19 July 2021:   The Report  Caps And Closures Market  Size, Share & Trends Analysis Report By Product (Dispensing Caps, Screw, Crown), By Material (Plastic, Metal), By Application (Food, Cosmetics & Toiletries), By Region, And Segment Forecasts, 2021 - 2030 The global caps and closures market size is expected to surpass USD 143,699.6 million by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.0% over the forecast period. The market is projected to be driven by the growth in the food & beverage industry across the globe, contributing to an increased usage of packaging products. Rising counterfeiting activities in the alcoholic beverages market are likely to boost demand for anti-tamper or tamper-evident closure. For instance, Everledger launched a new line of anti-tamper closures for wine and spirit bottles in April 2020, wherein the bottle cap is provided with Near Field Communication (NFC)-powered tamper detection labe