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The global plastic caps and closures market is projected to experience steady growth, with an estimated value of USD 45.9 billion in 2025 and a forecasted rise to USD 64.7 billion by 2035. This growth is driven by a compound annual growth rate (CAGR) of 3.5% during the forecast period from 2025 to 2035. In 2024, the market generated USD 44.8 billion in revenue and is expected to see a year-on-year growth of 3.3% in 2025.