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The aluminium caps and closure market were valued at USD 5.8 billion in 2020 and is expected to reach USD 7.8 billion by 2025, registering a CAGR of 5.1% during the period of 2020-2025. The power of aluminium to shape any shape and its protective properties have made it one of the world's most flexible packaging materials. To prolong the shelf-life and maintain the taste, flavour, and texture of the packaged goods, aluminium caps & closures are important. Aluminium caps and seals play a crucial role in driving visual appeal, brand differentiation, and customer usability, in addition to providi
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Aluminium Caps & Closures Market The aluminium caps and closure market were valued at USD 5.8 billion in 2020 and is expected to reach USD 7.8 billion by 2025, registering a CAGR of 5.1% during the period of 2020-2025. The power of aluminium to shape any shape and its protective properties have made it one of the world's most flexible packaging materials. To prolong the shelf-life and maintain the taste, flavour, and texture of the packaged goods, aluminium caps & closures are important. Aluminium caps and seals play a crucial role in driving visual appeal, brand differentiation, and customer usability, in addition to providing leak-proof and contamination-resistant functionality.
Aluminium Caps & Closures Market Geographic Overview APAC Europe North America Middle East & Africa South America North America is Expected to Hold a Major Share in Aluminium Caps and Closure Market:
Aluminium Caps & Closures Market A substantial market share is anticipated in the North American area, which is home to several firms, including Reynold Group Holding Limited, Silgan Holding, Cary Company, O.Berk Company, and Crown Holding, among others. In addition, the food and beverage industry is one of the region's largest users in the demand for aluminium caps and closures. For the preservation of food items, such as seeds, usually contained in glass containers, aluminium caps or seals are often used. The intake of alcoholic drinks in the United States in 2019 was 30,53 billion litres, according to Banco do Nordeste. In2018, the selling of spirits in Canada was CND 5.49 billion, according to StatsCan.
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