Single-use plastic products have been identified as an environmental challenge. When such products are not recycled, they may end up in nature and thus cause, e.g., marine littering. Thermoformed wood pulp fibre products are gaining more interest to replace fossil plastic products. However, beverage caps made of wood pulp fibres are challenging due to the hygroscopic nature of wood fibres, i.e., they absorb water, deform and loose functionality. Hence, the purpose of this study was to develop a fibre-based beverage cap that could replace plastic tethered cap systems. Both unbleached and bleached Kraft pulp and chemo-thermo-mechanical pulp (CTMP) fibres were tested in thermoforming trials, using tailor-made metal moulds. The results showed that Kraft pulp fibres formed denser structures, with more limited water absorption, compared to CTMP. The mechanical properties of thermoformed specimens were suitable for the application, i.e., the strength, modulus and elongation were between 32 and 36 MPa, 4–4.9 GPa and 1.6–1.9%, respectively, depending on the type of pulp fibre. Additionally, in order to secure that the caps were functional in relevant conditions in contact with liquids (water or milk), the caps were surface modified by silylation and esterification to increase the liquid barrier. The results indicate that surface esterification increased the contact angle to 95°. On the other hand, the surface-modified caps could not entirely limit the liquid absorption over longer periods of time (>∼1 h) when the caps were directly exposed to liquid. However, the liquid barrier was satisfactory when the products were exposed to increased relative humidity in refrigerated conditions (relative humidity >76% and temperature <7 °C).