Rigid Plastic Packaging Market by Regional Analysis, Key Players and Forecast 2024

Pressure & Chemical Cleaning Industrial

Updated on Aug 1, 2018

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Rigid plastic packaging includes the use of plastic material for packaging. It is characterized by inflexibility of shape and form. Rigid packaging material are used in any packaging related application including high value-add closures and caps for the cosmetic sector to simple containers for yogurt. The applications of rigid packaging material are wide and varied.

The global Rigid Plastic Packaging Market is estimated and forecasted in terms of volume (KT) and revenue (USD million) generated by the market. The rigid plastic packaging market is primarily driven by rapid change in daily lifestyle, western persuade and rapid shift of consumer toward packaged food in the developing countries. The market has gained sustainability owing to the consumer awareness towards maintaining healthy lifestyle, government approvals and standards related to the use of rigid plastic for packaging.

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The report analyses the global rigid plastic packaging market by raw material into natural and synthetic. The natural segment includes bio-plastic material.
Furthermore, the report is bifurcated by product type into bottles & jars, rigid bulk products, trays, tubs, cups, and pots and others. The demand for tubs cups and pots is projected to grow during the forecast period, owing to rising demand for single-serve packs, cost-effective nature and environment friendly packaging.

The Global Rigid Plastic Packaging Market Based On the Production Process:
The rigid plastic market is bifurcated into extrusion, injection moulding, blow moulding, thermoforming and others. Plastic processing is the process of converting the plastics raw material into semi-finished products. Based on end user, the global rigid plastic packaging is segmented into food, beverages, healthcare, cosmetics & toiletries and industrial packaging and others including consumer food service and household care. The functional food & beverage sector accounted for the largest market share in 2017.

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The Global Rigid Plastic Packaging Market by Geography:
The global rigid plastic packaging market is studied across the countries of key regions such as, North America, Europe, Asia Pacific, Latin America and Middle East & Africa. Asia Pacific region is projected to be the fastest growing region during the forecast period. The largest share is attributed to increasing food and beverage industries in the developing and developed countries including China and India, which accounts for the largest share of the rigid plastic packaging market in the Asia Pacific region.

The Global Rigid Plastic Packaging Market by Some Of The Key Participants:
The global rigid plastic packaging market are 3M, Alto, Amcor Limited, Anchor Packaging, Bemis Company, Inc, Berry Global Inc, Consolidated Container Company, COVERIS, The Dow Chemical Company, DS Smith, ES-Plastic GmbH, Etimex Primary Packaging, Færch Plast A/S, Graham Packaging Company, Plastipak Holdings, Inc, Reynolds, RPC Group Plc, Silgan Holdings Inc, etc. These companies have substantial presence in the market due to their strong clientele in the packaging industry and brand image.

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