Global Caps & Closures Market Will Grow with CAGR of 4.8% - Industry Research, Share, Size, Analysis, Growth
The Global Caps & Closures Packaging market is estimated at $47.3 billion in 2014 and is expected to reach $68.9 billion by 2022 growing at a CAGR of 4.8% during the forecast period 2014 to 2022. Fear about product safety & security, increasing per capita consumption in rising economies and modern caps for shelf visibility are the factors driving the market growth. Sluggish demand for caps & closures is hindering the market while the product improvement provides an opportunity for...
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