The global market for liquid packaging cartons is expected to reach $12 billion in revenues, by 2016 end. During the forecast period 2016-2024, global liquid packaging carton market is projected to expand at a CAGR of 5.5%. Growing consumer preference toward packaged food and beverages will continue to drive market by 2024 end.
Plastics caps and closure are basically lid for mainly bottled container large or small mouthed or for the stacked pouches or dispensers, which can be simple of flap type or any other customized type. These caps and closures are used mostly in packing FMCG and pharma products and is widely used in the liquid packaging such as syrups, shampoos etc.