Aluminum Caps and Closures Companies Market Position Advancements, Value Creation, Cross-border Expansion, Patent Expansions, Financial Performance Evaluation, Risk Mitigation

Aluminum Caps and Closures Key Players and their Developments

The global aluminum caps and closures market size was evaluated at US$ 9.21 billion in 2023 and is expected to attain around US$ 14.60 billion by 2034, growing at a CAGR of 4.28% from 2024 to 2034.

Recent Developments by Key Market Players

• January, 2024: The Roll-On Pilfer Proof (ROPP) aluminum cap production line was officially opened by Thai Beverage Can Ltd. at their Coating Line building. With a production capability of 60,000 caps per hour or 1,000 caps per minute, TBC produces 38 mm ROPP aluminum caps. They are capable of being printed with company logos that cover the entire cap, making them appropriate for many kinds of beverage goods.
• December, 2023: To meet the increasing demand from manufacturers for low carbon materials, Rio Tinto and Giampaolo Group reached an agreement to create the Matalco joint venture, integrating the capabilities of North America's top primary and secondary aluminum producers. For $700 million, Rio Tinto purchased a 50% equity share in the Matalco Company from Giampaolo Group, subject to customary closing adjustments.

Aluminum Caps and Closures Market Companies

• Guala Closures S.p.A
• Crown Holdings Inc.
• Closure Systems International
• Amcor plc
• Reynolds Packaging Group Ltd
• Alcopack Group
• Silgan Holdings Inc.
• HERTI JSC
• O.Berk Company
• Pelliconi & C. SpA
• Nippon Closures Co. Ltd.
• Yantai Hicap Closures Co., Ltd.
• SACMI
• Xuzhou Colors Glass Co., Ltd.
• MJS Packaging
• Orora Packaging Australia Pty Ltd
• Montebello Packaging
• Alltub Group
• Hoffmann Neopac AG

US Import Data for Aluminum Caps and Closures Market: Key Trends in Aluminum Caps, Closures, and Plugs