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Metal Caps & Closures Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Metal Caps and Closures Market is Segmented by Material Type (Aluminum, Steel, Tin), Closures Type (Crown Caps, Screw Caps, Twist Metal Caps, Others (Easy Open Ends, Ropp Metal Caps)), End-User Industry (Food, Beverages (Alcoholic, Non-Alcoholic), Pharmaceuticals, Personal Care) and Geography (north America, Europe, Asia-Pacific, Middle East and Africa, Latin America). The Market Sizes and Forecasts are Provided in Terms of Value in USD for all the Above Segments.

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Metal Caps and Closures Market Size

Metal Caps & Closures Market Summary
Study Period 2019 - 2029
Market Size (2024) USD 24.57 Billion
Market Size (2029) USD 29.01 Billion
CAGR (2024 - 2029) 3.38 %
Fastest Growing Market Asia
Largest Market Asia
Market Concentration Low

Major Players

Metal Caps and Closures Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Metal Caps & Closures Market with other markets in Packaging Industry

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Metal Caps and Closures Market Analysis

The Metal Caps & Closures Market size is estimated at USD 24.57 billion in 2024, and is expected to reach USD 29.01 billion by 2029, growing at a CAGR of 3.38% during the forecast period (2024-2029).

The market for metal caps and closures is predicted to expand rapidly during the forecast period due to the increased demand for food and beverages. There is a rising demand for alcoholic drinks, beer, bread, poultry and fish, ready-to-eat meals, dairy goods, etc. Moreover, due to plastic regulations, soft drink packaging vendors prefer metal crown caps for beverage packaging, driving the market growth.

  • The growing concerns regarding the usage of environment-friendly products have boosted the adoption of metal caps and closures. Though plastic-based caps pose a high threat to metal caps, the plastic caps market is witnessing high threats regarding environmental problems. This has been creating the opportunity for metal caps and closures. Several companies in recent years have been replacing their plastic-based caps and closures with metal.
  • Further, metal caps and closures can be branded with logos or other designs, increasing demand for them by promoting the distinctive brand. Moreover, the adaptable crown caps are composed of a unique metal that gives the optimum fit when combined with a threaded bottleneck. Crown caps are reasonably priced, very functional, simple to use, allow for high-speed application, and provide genuine tamper protection.
  • Metal caps and closures are also often utilized in the pharmaceutical industry since they are sterile and typically made of multilayer materials. The most common metal caps used in the industry are comprised of steel and aluminum. 
  • Additionally, aluminum is made in various variations, including plain or embossed, colored, or natural. As a result, pharmaceutical packaging may be provided in accordance with consumer demand. 
  • The market for child-resistant, value-added, and senior-friendly closures is expected to be driven by the rapidly expanding pharmaceutical industry as well as regulatory reforms, which have encouraged manufacturers to produce superior-quality caps and closures.
  • However, the presence of other closure systems made of plastics, wood, etc., is expected to act as a restraint and challenge the growth of the metal closures market over the forecast period.

Metal Caps and Closures Market Trends

Pharmaceutical Application Offers Potential Growth

  • Metal caps and closures are predominantly used in the pharmaceutical sector as they are sterile and are generally composed of layered material. Metals caps made of steel and aluminum are mostly used in the sector. Besides, aluminum can be highly customizable: natural or colored, plain or embossed. Thus, pharmaceutical packaging can be supplied according to the consumers' needs.
  • The rapidly growing pharmaceutical sales and production and the regulatory changes further favor child-resistant, value-added, and senior-friendly closures, which are anticipated to drive the market in the foreseen period. The World Health Organization (WHO) estimated that one-third of all medicines sold worldwide are illegitimate. The increasing risks from falsified drugs are creating the need for efficient anti-counterfeiting solutions, boosting the adoption of anti-counterfeiting closures.
  • The adaptation of aluminum closures in the pharmaceutical industry is on the rise, as its rubber counterparts tend to contaminate the drugs. The contamination is attributable to elastomeric container closure components. Possible contaminants include microorganisms, endotoxins, and chemicals. In the fiscal year 2022, 912 drug recalls were generated by 166 manufacturing sites, marking the highest number of recalls in the past five years.
  • The data indicates that the largest defect group for these recalls remains current good manufacturing practice (CGMP) deviations, as reported in previous years by CDER. The majority of the products were recalled due to issues with temperature control and storage in warehouses. The report highlights the fact that these conditions can cause degradation of the product, leading to a negative impact on its shelf-life, safety, or effectiveness.
  • Further, the demand for metal caps and closures may witness a few challenges in the syrup bottle sector owing to the regulations prevailing in their usage. Herbal medicinal products (HMP) have recently gained importance and are extensively used to prevent and treat various ailments.
Metal Caps & Closures Market - Percentage of Global Pharmaceutical Sales by Technology, in Percentage, 2014-2028

Asia-Pacific to Witness the Fastest Growth

  • Asia-Pacific is expected to witness the fastest growth because of the presence of two highly populated countries, i.e., China and India. In these two countries, the increase in disposable income will supplement the growth of the metal caps and closures market.
  • The Indian beverage sector, consisting of alcohol, is one of the most diverse sectors. The industry is highly influenced by the country's vast geography associated with the weather. With it comes the imperative of packaging function to contain beverages, enabling transportation, and protecting beverages against mechanical stress and material loss. According to a study performed by Banco do Nordeste, alcohol consumption in India was 4.86 billion liters in 2020. The consumption is expected to reach 6.21 billion liters in 2024.
  • China's spirits market is expanding continuously, leading to a high demand for packaging solutions. Such turnover represents an enormous opportunity for domestic producers in Chinese beverage packaging. Foreign investors have recognized the huge potential of such a market segment. Moreover, the growing import value of alcoholic drinks from China has boosted the market for caps and closures for beverages. Recent data published in October 2022 showed that China exported nearly USD 3 million of wine and liquor to North Korea from July to September, according to Chinese customs data.
  • The trend for sustainable beverage packaging is accelerating in Southeast Asia, buoyed by greater consumer awareness of sustainability and increased focus by various stakeholders, with governments incentivizing a shift towards a circular economy and manufacturers focusing on recycling, packaging reduction, and the adoption of more sustainable packaging alternatives. Some manufacturers are opting to replace plastics with more sustainable materials.
  • The vast rise in the demand for packaged foods and beverages and the critical role played by caps and closures in keeping packaged consumables fresh for extended periods are likely to boost the market in these regions.
Metal Caps & Closures Market - Global Metal Caps and Closures Market - Growth Rate by Region

Metal Caps and Closures Industry Overview

The global metal caps and closures market is highly fragmented and competitive due to the presence of international vendors. Some of the key players in this market are Crown Holdings, O.Berk Company, Guala Closures S.P.A., and Amcor P.L.C., amongst others. Intense competition prevails in the market in terms of product differentiation, portfolio, and pricing. The rising demand for value-added closures and tamper resistance properties will augment the usage of metal caps and closures in various segments, primarily pharmaceuticals and beverages.

In July 2022, Guala Closures, a company that produced closures for various types of bottles, acquired Labrenta, a high-end closure specialist based in Vicenza. This acquisition was crucial for Guala Closures as it helped the company expand its reach in the luxury segment, thus making it a world leader in the industry.

Metal Caps and Closures Market Leaders

  1. Crown Holdings Inc.

  2. O.Berk Company

  3. Pelliconi & C. SpA

  4. Amcor PLC

  5. Guala Closures S.P.A.

*Disclaimer: Major Players sorted in no particular order

Metal Caps & Closures Market Concentration
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Metal Caps and Closures Market News

  • January 2023: Guala Closures Group, a prominent manufacturer of aluminum and specialty closures, received validation from the Science Based Targets Initiative (SBTi) for its 2030 Greenhouse Gas (GHG) emission targets. The targets have been recognized as meeting the ambitious 1.5°C goal, which is a significant milestone in the group's sustainability journey. The company has pledged to reduce absolute scope 1 and 2 GHG emissions by 44% by 2030, based on a 2020 starting point, by adopting science-based targets.
  • March 2022: Pelliconi, a company that produced crown corks and was among the top closure manufacturers globally, announced the opening of an Outpost at the Mind the Bridge Innovation Center in San Francisco. The Italian company, which was founded in Bologna in 1939, has a mission to embrace the challenges that arise in the international market and aims to identify emerging trends and innovative solutions for the Food & Beverage Industry.

Metal Caps and Closures Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET INSIGHTS

    1. 4.1 Market Overview

    2. 4.2 Industry Value Chain Analysis

    3. 4.3 Industry Attractiveness - Porter's Five Forces Analysis

      1. 4.3.1 Bargaining Power of Suppliers

      2. 4.3.2 Bargaining Power of Consumers

      3. 4.3.3 Threat of New Entrants

      4. 4.3.4 Threat of Substitutes

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET DYNAMICS

    1. 5.1 Market Drivers

      1. 5.1.1 Increasing Consumption of Beverages with a Rising Need for Sustainable Packaging Materials

      2. 5.1.2 Superior Properties Compared to Other Closure Materials

    2. 5.2 Market Restraints

      1. 5.2.1 High Adoption Rate of Other Types of Closure Materials

  6. 6. MARKET SEGMENTATION

    1. 6.1 By Material Type

      1. 6.1.1 Aluminium

      2. 6.1.2 Steel

      3. 6.1.3 Tin

    2. 6.2 By Closures Type

      1. 6.2.1 Crown Caps

      2. 6.2.2 Screw Caps

      3. 6.2.3 Twist Metal Caps

      4. 6.2.4 Other Closures Types (Easy Open Ends, ROPP Metal Caps)

    3. 6.3 By End-User Industry

      1. 6.3.1 Food

      2. 6.3.2 Beverages

        1. 6.3.2.1 Alcoholic

        2. 6.3.2.2 Non-Alcoholic

      3. 6.3.3 Pharmaceuticals

      4. 6.3.4 Personal Care

      5. 6.3.5 Other End-User Industries

    4. 6.4 By Geography

      1. 6.4.1 North America

      2. 6.4.2 Europe

      3. 6.4.3 Asia

      4. 6.4.4 Australia and New Zealand

      5. 6.4.5 Latin America

      6. 6.4.6 Middle East and Africa

  7. 7. Competitive Landscape

    1. 7.1 Company Profiles

      1. 7.1.1 Crown Holdings Inc.

      2. 7.1.2 O.Berk Company

      3. 7.1.3 Guala Closures S.P.A.

      4. 7.1.4 Pelliconi & C. SpA

      5. 7.1.5 Nippon Closures Co. Ltd

      6. 7.1.6 Silgan White Cap LLC

      7. 7.1.7 Sks Bottle & Packaging Inc.

      8. 7.1.8 Amcor PLC

      9. 7.1.9 Qorpak (Berlin Packaging)

      10. 7.1.10 Alameda Packaging LLC

      11. 7.1.11 Closure Systems International Inc (CSI)

    2. *List Not Exhaustive

  8. 8. INVESTMENT ANALYSIS

  9. 9. FUTURE OF THE MARKET

**Subject to Availability
***In the final report, Asia, Australia, and New Zealand will be studied together as 'Asia Pacific' and Latin America and Middle East and Africa will be considered together as 'Rest of the World'
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Metal Caps and Closures Industry Segmentation

Caps and closures made from metals like aluminum, steel, and tinplate are crucial in sealing containers like bottles, jars, and tubes. These protective components ensure the products' safety, integrity, and longevity by providing a strong barrier that prevents contamination, spoilage, and leakage.

The metal caps and closures market is segmented by material type (aluminium, steel, tin), closures type (crown caps, screw caps, twist metal caps, others (easy open ends, ROPP metal caps)), end-user industry (food, beverages (alcoholic, non-alcoholic), pharmaceuticals, personal care) and geography (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa). The market sizes and forecasts are provided in terms of value in USD for all the above segments.

By Material Type
Aluminium
Steel
Tin
By Closures Type
Crown Caps
Screw Caps
Twist Metal Caps
Other Closures Types (Easy Open Ends, ROPP Metal Caps)
By End-User Industry
Food
Beverages
Alcoholic
Non-Alcoholic
Pharmaceuticals
Personal Care
Other End-User Industries
By Geography
North America
Europe
Asia
Australia and New Zealand
Latin America
Middle East and Africa
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Metal Caps and Closures Market Research FAQs

The Metal Caps and Closures Market size is expected to reach USD 24.57 billion in 2024 and grow at a CAGR of 3.38% to reach USD 29.01 billion by 2029.

In 2024, the Metal Caps and Closures Market size is expected to reach USD 24.57 billion.

Crown Holdings Inc., O.Berk Company, Pelliconi & C. SpA, Amcor PLC and Guala Closures S.P.A. are the major companies operating in the Metal Caps and Closures Market.

Asia is estimated to grow at the highest CAGR over the forecast period (2024-2029).

In 2024, the Asia accounts for the largest market share in Metal Caps and Closures Market.

In 2023, the Metal Caps and Closures Market size was estimated at USD 23.74 billion. The report covers the Metal Caps and Closures Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Metal Caps and Closures Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Metal Caps and Closures Industry Report

Statistics for the 2024 Metal Caps and Closures market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Metal Caps and Closures analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Metal Caps and Closures Market Report Snapshots

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Metal Caps & Closures Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)