This is one of the many items that can be used for branding. It can be used to create a photorealistic presentation for your label and brand. This mock-up features a 3D baseball cap mock-up on which you can place your design on whatever background you choose. It was created and designed by WebAndCat; a creative team on Creative Market and GraphicRiver that specializes in creating high-quality mockups and templates. It is a PSD file which means it is layered and so, therefore, contains smart objects which enables you to make all sorts of edits ranging from the color of the hat to the font and the background.
Thanks to WebAndCat for sharing this amazing mock-up design. For more like this, you can check out their portfolio.