Global caps and closures market for food and beverages

According to a new Transparency Market Research report the global caps and closures market was valued at US$36.23 bn in 2014 and is projected to reach US$51.57 bn by 2021, expanding at a CAGR of 5.2% from 2015 to 2021. In terms of volume, the global caps and closures for food and beverages market stood at 1342.2 bn units in 2014 and is expected to reach 1702.1 bn units by 2021, expanding at a CAGR of 3.5% over the forecast period.
In terms of volume and revenue, Latin America is the fastest growing market. This market is estimated to expand at a CAGR of 7.2% and 6.1%, respectively, during the forecast period (Press Release Transparency Market Research, 9 September 2015).
Click here for the press release.
Click here for more information about the report.
Click here for information about the Caps and Closures Conference 2015 (Nice, 4-5 November). NVC members receive a 15% discount.

If you have any questions about this subject, please contact us: info@nvc.nl, +31-(0)182-512411. This item is also included in our monthly overview, the NVC Members-only Update.