Global Rigid Packaging Market, By Material (Plastic, Metal, Wood, Glass and Paper & Paperboard), Application Type (Food & Beverages, Chemical Industry, Consumer Goods, Healthcare & Pharmaceutical, Other), Product Type (Boxes, Trays, Containers & Cans, Bottles & Jars, Others Frozen), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Rigid Packaging Market Analysis and Insights : Global Rigid Packaging Market
Rigid packaging market will grow at a rate of 6.20% for the forecast period of 2021 to 2028. Rising demand in major Asian markets such as India and China is an essential factor driving the rigid packaging market.
Rigid packaging is defined as a type of variant of packaging which involves the usage of high strength, sustainable packaging methods such as bioplastics, paper & paperboard, wood, metals. This type of packaging helps in keeping the contents of the package safe and secure, protecting the contents from the various harmful external factors. This type is majorly used for in the transportation of the products as it keeps these contents safe over a longer period of time.
Rising growth of the e-commerce industry has resulted in high demand for the product which acts as an essential factor escalating the market growth, also increasing strong demand from the food and beverage packaging industry, increase in the global consumption of consumer goods, rising improvement in packaging recycling rates and increasing low cost of rigid plastics are the major factors among others propelling the growth of rigid packaging market. Moreover, increasing change in demographic trend and rising change in the lifestyle patterns will further create new opportunities for the rigid packaging market in the forecast period of 2021- 2028.
However, rising end-user shift towards flexible packaging, increasing eurozone economic uncertainty, increasing uncertain raw material prices and rising stringent government regulations are the major factors among others restraining the market growth, while increased input costs and increasing recycling and environmental concerns will further challenge the growth of rigid packaging market.
This rigid packaging market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on rigid packaging market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Rigid Packaging Market Scope and Market Size
Rigid packaging market is segmented on the basis of material, application type and product type. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of material, the rigid packaging market is segmented into plastic, metal, wood, glass and paper & paperboard.
- Based on application type, the rigid packaging market is segmented into food & beverages, chemical industry, consumer goods, healthcare & pharmaceutical and other.
- The rigid packaging market is also segmented on the basis of product type into boxes, trays, containers & cans, bottles & jars and other frozen.
Rigid Packaging Market Country Level Analysis
Rigid packaging market is analysed and market size, volume information is provided by primary material, packaging type and product type as referenced above.
The countries covered in the rigid packaging market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates rigid packaging market due to rising rapid expansion of the pharmaceutical and food & beverage sectors along with increasing strong demand from the food and beverage packaging industry and increase in the consumption of consumer goods in this region. Europe is the expected region in terms of growth in rigid packaging market due to increasing change in demographic trend and rising change in the lifestyle patterns in this region.
The country section of the rigid packaging market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Rigid Packaging Market Share Analysis
Rigid packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to rigid packaging market.
The major players covered in the rigid packaging market report are Amcor Limited, COVERIS, Reynolds, Berry Global Inc., ALPLA, Sonoco Products Company, Sealed Air, Silgan Holdings Inc., Plastipak Holdings Inc., Consolidated Container Company, BALL CORPORATION, DS Smith, Georgia-Pacific, Holmen Group, Mondi, Sirap Group, Tetra Pak International S.A., WestRock Company, RESILUX NV and Ardagh Group S.A among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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