Caps And Closures Industry Overview The global caps and closures market was valued at USD 74.64 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 4.9% from 2024 to 2030. The growth is primarily driven by the increasing demand for various food products and alcoholic and non-alcoholic beverages. Caps and closures play a crucial role in packaging by acting as a...