Rigid Plastic Packaging Market Outlook, Trends, Analysis 2029

1. We use cookies for a better user experience. Read our Privacy Policy I Agree Search report Keywords Home / Packaging / Pakaging Products / Rigid Plastic Packaging Market Outlook, Trends, Analysis 2029 Rigid Plastic Packaging Market Outlook, Trends, Analysis 2029 Rep Id : TMRGL9587 Rigid Plastic Packaging Market (Product Type: Boxes, Bottles and Jars, Cans, Blister Cans, Clamshells, Trays, IBCs March 2022 and Others; Material Type: Bio-based Polymers and Synthetic Polymers; and End-use Industry: Food, Beverages, Homecare Products, Personal Care Products, Healthcare Products, Electronics & Electricals, Industrial Goods, and Packaging Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2029 150 Pages Request FREE Sample Report Preview Table of Content Transparency Plus Rigid Plastic Packaging Market Outlook 2029 The globalrigid plastic packaging market was valued at US$174.3 Bn in 2021 Select License Type It is estimated to expand at a CAGR of 4.7% from 2022 to 2029 The globalrigid plastic packaging market is expected to reach the value of US$228.6 Bn by Single User license $5795 the end of 2029 Multi-User license $8795 Analysts’ Viewpoint on Rigid Plastic Packaging Market Scenario Corporate license $11795 Rigid plastic packaging solutions are sustainable, cost-efficient, and durable. The increasing demand Buy Now for sustainable and environment-friendly packaging solutions is a major driver for the rigid plastic packaging market. It is creating potential growth opportunities for manufacturers. Researchers and Safe and Secure SSL Encrypted stakeholders in the global market are collaborating to overcome the challenges in the rigid plastic Get A Special pricing for start-ups and universities. packaging market and fulfill the demand from various end-use industries such as food, homecare, personal care products, electronics, healthcare products, etc. Manufacturers operating in the Asia Request Discount Pacific rigid plastic packaging market are gaining potential benefits, owing to rapid economic growth, growing disposable income, and rising adoption of sustainable packaging solutions.

2. COVID-19 Impact on Rigid Plastic Packaging Market - Need More Info? - The rapidly spreading coronavirus has harshly affected all the businesses and manufacturing companies across the globe. There has been a huge impact on the rigid plastic packaging market Enquiry Before Buying due to prolonged lockdowns and disrupted supply chains. The decreasing production of rigid plastic material for packaging during COVID-19 outbreak has created challenging situations for Request Methodology manufacturers. Key market players are exploring opportunities to overcome challenges in the rigid plastic Ask References packaging market. Market players are effortlessly contributing to set their businesses to keep economy running amid the ongoing pandemic. Market stakeholders in the rigid plastic packaging Free Customization market are extending their production capability to gain a competitive edge after COVID-19 breakdown. The popularity of rigid plastic packaging is due to its cost-efficiency, durability, and lightweight - Want to customize this report? - properties. Rigid plastics such as PET and HDPE can be directly dumped into a recycling bin. Rigid We employ Market Analysis, Benchmarking, Corporate Intelligence, and Technological understand specific requirements and customize report with a quick turnaround time in a dynamic business environment. plastics are also recyclable, a more environment-friendly option than flexible packaging. In Intelligence to addition, increasing applications of rigid plastic packaging in various end-use industries is contributing to market growth. Request a sample to get extensive insights into the Rigid Plastic Packaging Market We offer 100% Free Customisation at the time of purchase Awareness of Sustainable Packaging Solutions Generating Revenue Streams There is an increasing awareness in consumers about rapidly growing environmental hazards due Connect To Analyst to harmful pollutants. People are giving preference to products that are packaged with sustainable raw materials over those that are packaged with non-recyclable raw materials. This gives potential growth opportunities for manufacturers of rigid plastic packaging. Bio-based materials are being - Trusted Partners - used in the packaging industry, as they are created entirely or largely from biological resources that are renewable, such as sugarcane. Bio-based packaging materials can decompose in the open air or at an industrial composites plant. Rigid plastics can be used for making various products, as these materials are extremely lightweight and contribute to energy conservation. To understand how our report can bring difference to your business strategy, Ask for a brochure

3. Increasing Adoption in Food Industry Offering Revenue Benefits for Manufacturers Quick Contact 866-552-3453 Rigid plastic packaging can be increasingly used in various end-use industries for packaging purposes. The increasing adoption of sustainable and lightweight packaging material in food, +1-518-618-1030 pharmaceuticals, personal care & cosmetics, and consumer goods is creating value-grab Contact by email opportunities for market players. Of these, the food industry is the most lucrative market for rigid plastic packaging solutions. The popularity of consuming ready-to-eat food items and frozen food Why trust Us? is rising across the globe, thus creating beneficial opportunities for manufacturers. Increasing spending capacity, changing lifestyles, and rising need of convenience food items is driving the 5 Million+ Market Data demand for rigid plastic packaging solutions. These lightweight packaging solutions are used for packaging of food items such as bread, poultry & seafood, ready-to-eat foods, dairy products, and packaged goods. The growing popularity of these food products in developing and underdeveloped countries is contributing to market growth. - Related Reports - Stuck in a neck-to-neck competition with other brands? Request a custom report on Rigid Plastic Rotary Die Cutters Market Packaging Market Surgical Tapes Market Rising Applications of Rigid Plastic Packaging and Presence of Key Manufacturers Poly Coated Paper Market The growing demand for durable, cost-effective, and sustainable packaging in various end-use Plastic Tubs and Lids Market industries is driving the global rigid plastic packaging market. There is an increasing demand for Snack Food Packaging Market rigid plastic packaging solutions in food and beverages, homecare products, personal care products, healthcare products, industrial goods, and electronics & electrical products. Among these, food & beverages is the profitable sector for manufacturers of the rigid plastic packaging. Moreover, the growing popularity of customized rigid packaging solutions with printability is contributing to the rapid expansion of the global market. There is a growing presence of manufacturers operating in the rigid plastic packaging market across the globe. The increasing competition between small- and medium-sized market players to offer sustainable and environment-friendly packaging solutions to gain attention from consumers is driving the demand for rigid plastic packaging solutions. These market players are adopting different strategies to stay ahead of the competition.

4. Due to rising disposable income and increasing convenience of ordering food online, there is a high demand for good quality and sustainable packaging material for food packaging. Advancements in packaging technology and ongoing research & development activities in packaging techniques are accelerating the rigid plastic packaging market. Market players are overcoming challenges associated with the rigid plastic packaging market. Rigid Plastic Packaging Market: Overview Recent TMR's report is based on the global market for rigid plastic packaging for the forecast period of 2022-2029 The market is expected to be driven by shifting consumer preferences for sustainable packaging solutions and growing demand rigid packaging solutions for end-use industries Growth of eCommerce Industry and Food Chains to Drive Rigid Plastic Packaging Market In the recent years, eCommerce and Internet commerce have experienced significant growth. Safe packing solutions are used to transport items and offerings from one region of the world to another. Due to the necessity for a high barrier packaging solution that keeps commodities safe from any sort of adulteration during transit, rigid plastic packaging has seen an exponential increase in demand International food chains are also driving the demand for hard packaging solutions such as bio-based polymers and synthetic polymers to help them expand into previously unexplored markets. It has a favourable impact on the worldwide rigid plastic packaging market's overall growth. Innovative rigid packaging solutions are being used by manufacturers and end users to access developing markets. To compete in the market, many end users in fast-growing regions are forced to upgrade from antiquated rigid packaging solutions to the most up-to- date rigid packaging solutions. High grade plastic-based products employed for rigid packaging are eco-friendly and bio- degradable. Such products can be landfilled, composted, or recycled without harming the environment.

5. Plastic-based products for rigid packaging can be reused many times, making them a sustainable form of packaging and on the contrast, most flexible forms of packaging are not eco-friendly and cannot be reused Recycling of plastic-based products is common while recycling of flexible packaging products is not feasible due to its differential layers. More than 2.5 billion lbs. of plastic bottles of PET and HDPE plastic are collected each year. This reduces greenhouse gas emission comparable to taking 360,000 cars off road and saves energy cost equivalent to the annual energy consumption of 750,000 U.S. homes. Growing Adoption of Machine-friendly Packaging Solutions to Create Opportunities for Rigid Plastic Packaging Market Growing adoption of machine-friendly packaging solutions will assist the rigid plastic packaging market Manufacturers of food and beverages, as well as healthcare and personal care items, are focusing on automating packaging functions for their products and offerings. Due to a high demand for packaging solutions compatible with automation packaging equipment, rigid packaging is in great demand among important global end users. Rigid packaging solutions made of synthetic polymers are the preferred packaging option for major end-use industries Packaging solutions that make operations on automatic machines easier help end-use industries optimize output, resulting in a considerable demand for rigid plastic packaging solutions on the global market Plastic recycling is seen as the next realistic and technically feasible solution for dealing with the problem posed by the ever-increasing volume of plastic garbage Leading package companies such as Pactiv LLC and Berry Global Group, Inc. are expanding their sustainable packaging offerings by developing and manufacturing recycled plastic bottles, jars, and clamshells Penetration into the Largely Untapped Market in Emerging Economies Can Generate Significant Opportunities

6. Emerging nations such as India and China have seen significant increase in the food retail industry, as well as in the adoption of the on-the-go food and ready-to-eat food trend Packaged food sales have increased dramatically in the recent decades. For years, regional manufacturers have dominated regional marketplaces in nations including India and China. However, many international companies have been obliged to invest in the local market due to the enormous opportunity presented by the expansion in food retail. As a result, rigid plastic packaging makers can concentrate on conquering the unexplored market through joint ventures or mergers and acquisitions. Similarly, countries in North America, such as the U.S., have enormous prospects for the regional rigid plastic packaging industry to flourish. Rigid Plastic Packaging Market: Key Findings Intermediate bulk containers (IBCs) and clamshells have been identified as the most commonly utilised product types, as they may be utilised for a variety of end-use industry applications and very economical. With forecast market share of 18% in 2022, IBCs control the substantial share of the rigid plastic packaging market. According to TMR analysis, the food & beverage end-use industry are two of the major shareholders in the rigid plastic packaging market. These two businesses are estimated to create a combined incremental potential of US$ 23,268 Mn between 2022 and 2029. The most attractive market for rigid plastic packaging is predicted to be Asia Pacific with significant demand. The Asia Pacific rigid plastic packaging industry is predicted to increase 1.4 times its current size between 2022 and 2029. Rigid Plastic Packaging Market: Competition Landscape TMR analysed that the global rigid plastic packaging market is highly competitive, owing to a growing number of regional manufacturers and efforts of the global manufacturers to expand their geographical reach and product portfolio to capture maximum market share. This competition among key players is carefully studied based on developments, strategies, and segmental revenue of the company over the past years.

7. The rigid plastic packaging market would grow at a rate of 4.4%, reaching US$ 174,350Mn by the end of 2021. However, there might be a conservative and optimistic scenario depending on factors such as market recovery from the outbreak, demand & supply of raw materials, price, etc. The recent study of rigid plastic packaging market includes profiles of players such as Amcor Plc Berry Global Group Inc. Sonocco Products Company Pactiv LLC Genpak LLC DS Smith PLC Georgia-Pacific LLC Anchor Packaging APPE Graham Packaging Company Greif, Inc. Silgan Holdings, Inc. Mauser Packaging Solutions Gerresheimer AG SCHÜTZ GmbH & Co. KGaA, etc. TMR differentiated these players as Tier 1, 2, and 3 as per their segmental earnings. Among these players, the Amcor, sonocco, Berry Global Group Inc., DS smith PLC are some of the leading players of the rigid plastic packaging market. COVID-19 Pandemic Dampened Market Growth Significantly The breakdown of the supply chain is one of the most significant factors that affected the global sales of goods and materials. The global rigid plastic packaging market was severely impacted by the COVID-19 pandemic. The impact was dampened due to the extensive applications of rigid plastic packaging in the food end-use industry. The food industry is a major market that created significant demand for rigid plastic packaging amid the pandemic.

8. However, the drastically reduced demand for rigid plastic packaging from other industries such as industrial goods and electronics & electrical slightly dampened the market growth. The ongoing reduction in restrictions and regulations that were imposed to curb the pandemic is boosting the demand for rigid plastic packaging across the globe Rigid Plastic Packaging Market Snapshot Rigid Plastic Packaging Market Snapshot Attribute Detail Market Size Value in US$ 174.3 Bn 2021 (Base Year) Market Forecast US$ 228.6 Bn Value in 2029 Growth Rate (CAGR) 4.7% Forecast Period 2022-2029 Quantitative Units US$ Mn for Value & (Tons) for Volume This report represents market dynamics of poly coated paper, qualitative & Market Analysis quantitative analysis along with lucrative hotspots of the market. Competition analysis section Competition Market share of respective companies Landscape Company profiles section includes company overview, financials, strategy, recent developments, SWOT analysis Format Electronic (PDF) + Excel Market Product Type Segmentation Boxes Bottle and Jars

9. Cans Blister Packs Clamshells Trays IBCs Others Material Type Bio-based Polymers Synthetic Polymers Polyethylene Terephthalate (PET) Polyethylene (PE) Polypropylene (PP) Polystyrene (PS) Polyvinyl Chloride (PVC) Others End-use Industry Food Meat, Seafood, and Poultry Ready to Eat Meals Dairy Products Bakery and Confectionery Other Food Products Beverages Alcoholic Beverages Non-alcoholic Beverages Homecare Products Personal Care Products Healthcare Products Electronics & Electricals

10. Industrial Goods Others North America Latin America Regions Covered Europe Middle East & Africa Asia Pacific Countries Covered U.S. Canada Brazil Mexico UK Benelux Russia Germany U.K. France Spain Japan China India South East Asia Rest of Asia Pacific Australia & New Zealand GCC Countries Rest of Europe Rest of MEA Rest of LA

11. South Africa North Africa Amcor Plc Berry Global Group Inc. Sonoco Products Company Pactiv LLC Genpak LLC  DS Smith PLC Georgia-Pacific LLC Companies Profiled Anchor Packaging, APPE Graham Packaging Company Greif, Inc. Silgan Holdings, Inc. Mauser Packaging Solutions, Gerresheimer AG SCHÜTZ GmbH & Co. KGaA Customization Available upon Request Scope Pricing Available upon Request Rigid Plastic Packaging Market – Segmentation The global rigid plastic packaging market has been classified on the basis of product type, material type, end-use industry, and region. Each of these segments are analyzed to provide readers with holistic view of the market. Product Type Boxes Bottle and Jars

12. Cans Blister Packs Clamshells Trays IBCs Others Bio-based Polymers Synthetic Polymers Polyethylene Terephthalate (PET) Polyethylene (PE) Material Type Polypropylene (PP) Polystyrene (PS) Polyvinyl Chloride (PVC) Others End-use Industry Food Meat, Seafood, and Poultry Ready to Eat Meals Dairy Products Bakery and Confectionery Other Food Products Beverages Alcoholic Beverages Non-alcoholic Beverages Homecare Products Personal Care Products Healthcare Products Electronics & Electricals Industrial Goods

13. Others North America Latin America Europe Region Asia Pacific Middle East & Africa Get Free Sample Interested in this report? Get a FREE sample now! *Get Sample Report (PDF) sent to your email within minutes Frequently Asked Questions What is the Rigid Plastic Packaging Market size? Rigid Plastic Packaging Market is projected to reach US$ 228.6 Bn by the end of 2029 What is the CAGR for Rigid Plastic Packaging Market? What is the Study Period of Rigid Plastic Packaging Market? Who are the key players in the Rigid Plastic Packaging Market?

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