MarketsandMarkets projects that the plastic caps and closures market size will grow from USD 40.52 Billion in 2018 to USD 51.67 Billion by 2023, at a CAGR of 4.99%. The plastic caps and closures market is witnessing considerable growth due to increasing demand for convenience packaging and growing concerns about product safety and security in the beverage, food, and pharmaceutical industries. Moreover growing bottled water market where plastic closures are used on a large scale is one of the ... Read more