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The United States plastic caps and closure market is currently witnessing moderate growth. Plastic caps and closure are used to protect products from spoilage, contamination and other environmental factors. They are lightweight, economical, versatile, durable, non-corrosive and resistant against high temperature. As they assist in maintaining the integrity and enhancing the aesthetics and functionality of products, they find extensive applications in the cosmetics, chemical, pharmaceutical and food and beverage (F&B) industries in the United States.
The increasing demand for packaged water, alcoholic drinks and non-carbonated beverages represents one of the key factors bolstering the plastic caps and closure market growth in the United States. Moreover, the rising utilization of plastic caps and closures in household goods, such as toilet cleaners, bleaches and insect repellents, to extend their shelf life is stimulating the market growth. Furthermore, with rising environmental concerns, several manufacturers are adopting bioplastics to produce caps and closures. These manufacturers are also utilizing creating differentiated products to foster brand recognition. Other than this, they are offering anti-counterfeiting closures that rely on holographic and QR+ technologies to ensure the security of products. On account of these factors, the market is expected to continue its moderate growth during the forecast period (2020-2025).
IMARC Group provides an analysis of the key trends in each sub-segment of the United States plastic caps and closure market report, along with forecasts for growth at the region level from 2020-2025. Our report has categorized the market based on region, product type, raw material, container type, technology and end use.
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The competitive landscape of the industry has also been examined along with the profiles of the key players.
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