Rigid Plastic Packaging Trends and Forecast
The future of the global rigid plastic packaging market looks promising with opportunities in the food, beverage, healthcare, cosmetic & toiletries, and industrial markets. The global rigid plastic packaging market is expected to reach an estimated $266.8 billion by 2030 with a CAGR of 4.6% from 2024 to 2030. The major drivers for this market are robust demand from the beverage and food packaging sectors, growing customer preferences for product safety and longer shelf life, rising need for environmentally friendly packaging options, and several developments in manufacturing technology.Rigid Plastic Packaging by Segment
The study includes a forecast for the global rigid plastic packaging by type, production process, raw material, end use, and region.Rigid Plastic Packaging Market by Type [Shipment Analysis by Value from 2018 to 2030]
- Bottles & Jars
- Rigid Bulk Products
- Trays
- Tubs, Cups, And Pots
Rigid Plastic Packaging Market by Production Process [Shipment Analysis by Value from 2018 to 2030]
- Extrusion
- Injection Molding
- Blow Molding
- Thermoforming
Rigid Plastic Packaging Market by Raw Material [Shipment Analysis by Value from 2018 to 2030]
- Bioplastics
- Polyethylene
- Polyethylene Terephthalate
- Polystyrene
- Polypropylene
- Polyvinyl Chloride
- Expanded Polystyrene
- Others
Rigid Plastic Packaging Market by End Use [Shipment Analysis by Value from 2018 to 2030]
- Food
- Beverages
- Healthcare
- Cosmetics & Toiletries
- Industrial
- Others
Rigid Plastic Packaging Market by Region [Shipment Analysis by Value from 2018 to 2030]
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Rigid Plastic Packaging Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies rigid plastic packaging companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the rigid plastic packaging companies profiled in this report include-- Berry Global
- Amcor
- Takween Advanced Industries
- Silgan Holdings
- Pactiv
- Sonoco Products
- DS Smith
- SABIC
- Al Jabri Plastic Factory
- Alpla
Rigid Plastic Packaging Market Insights
The publisher forecasts that bottles & jar will remain the largest segment over the forecast period due to the expanding urbanization, increased population, and rising need for home care and beverages.APAC will remain the largest region over the forecast period due to the rapid urbanization, rising disposable incomes, and evolving lifestyles are driving up demand for packaged goods in a variety of markets, including food, drink, and personal hygiene in the region.
Features of the Global Rigid Plastic Packaging Market
- Market Size Estimates: Rigid plastic packaging market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Rigid plastic packaging market size by type, production process, raw material, end use, and region in terms of value ($B).
- Regional Analysis: Rigid plastic packaging market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different type, production process, raw material, end use, and regions for the rigid plastic packaging market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the rigid plastic packaging market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the rigid plastic packaging market size?Answer: The global rigid plastic packaging market is expected to reach an estimated $266.8 billion by 2030.
Q2. What is the growth forecast for rigid plastic packaging market?
Answer: The global rigid plastic packaging market is expected to grow with a CAGR of 4.6% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the rigid plastic packaging market?
Answer: The major drivers for this market are robust demand from the beverage and food packaging sectors, growing customer preferences for product safety and longer shelf life, rising need for environmentally friendly packaging options, and several developments in manufacturing technology.
Q4. What are the major segments for rigid plastic packaging market?
Answer: The future of the global rigid plastic packaging market looks promising with opportunities in the food, beverage, healthcare, cosmetic & toiletries, and industrial markets.
Q5. Who are the key rigid plastic packaging market companies?
Answer: Some of the key rigid plastic packaging companies are as follows:
- Berry Global
- Amcor
- Takween Advanced Industries
- Silgan Holdings
- Pactiv
- Sonoco Products
- DS Smith
- SABIC
- Al Jabri Plastic Factory
- Alpla
Answer: The publisher forecasts that bottles & jar will remain the largest segment over the forecast period due to the expanding urbanization, increased population, and rising need for home care and beverages.
Q7. In rigid plastic packaging market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to the rapid urbanization, rising disposable incomes, and evolving lifestyles are driving up demand for packaged goods in a variety of markets, including food, drink, and personal hygiene in the region.
Q.8 Do we receive customization in this report?
Answer: Yes,the publisher provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the rigid plastic packaging market by type (bottles & jars, rigid bulk products, trays, and tubs, cups, and pots), production process (extrusion, injection molding, blow molding, and thermoforming), raw material (bioplastics, polyethylene, polyethylene terephthalate, polystyrene, polypropylene, polyvinyl chloride, expanded polystyrene, and others), end use (food, beverages, healthcare, cosmetics & toiletries, industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
1. Executive Summary
2. Global Rigid Plastic Packaging Market: Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- Berry Global
- Amcor
- Takween Advanced Industries
- Silgan Holdings
- Pactiv
- Sonoco Products
- DS Smith
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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