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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.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
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
Lucintel 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
Q6. Which rigid plastic packaging market segment will be the largest in future?
Answer: Lucintel 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, Lucintel 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?
For any questions related to Rigid Plastic Packaging Market, Rigid Plastic Packaging Market Size, Rigid Plastic Packaging Market Growth, Rigid Plastic Packaging Market Analysis, Rigid Plastic Packaging Market Report, Rigid Plastic Packaging Market Share, Rigid Plastic Packaging Market Trends, Rigid Plastic Packaging Market Forecast, Rigid Plastic Packaging Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Rigid Plastic Packaging Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Rigid Plastic Packaging Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Rigid Plastic Packaging Market by Type
3.3.1: Bottles & Jars
3.3.2: Rigid Bulk Products
3.3.3: Trays
3.3.4: Tubs, Cups, and Pots
3.4: Global Rigid Plastic Packaging Market by Production Process
3.4.1: Extrusion
3.4.2: Injection Molding
3.4.3: Blow Molding
3.4.4: Thermoforming
3.5: Global Rigid Plastic Packaging Market by Raw Material
3.5.1: Bioplastics
3.5.2: Polyethylene
3.5.3: Polyethylene Terephthalate
3.5.4: Polystyrene
3.5.5: Polypropylene
3.5.6: Polyvinyl Chloride
3.5.7: Expanded Polystyrene
3.5.8: Others
3.6: Global Rigid Plastic Packaging Market by End Use
3.6.1: Food
3.6.2: Beverages
3.6.3: Healthcare
3.6.4: Cosmetics & Toiletries
3.6.5: Industrial
3.6.6: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Rigid Plastic Packaging Market by Region
4.2: North American Rigid Plastic Packaging Market
4.2.2: North American Rigid Plastic Packaging Market by End Use: Food, Beverages, Healthcare, Cosmetics & Toiletries, Industrial, and Others
4.3: European Rigid Plastic Packaging Market
4.3.1: European Rigid Plastic Packaging Market by Type: Bottles & Jars, Rigid Bulk Products, Trays, and Tubs, Cups, and Pots
4.3.2: European Rigid Plastic Packaging Market by End Use: Food, Beverages, Healthcare, Cosmetics & Toiletries, Industrial, and Others
4.4: APAC Rigid Plastic Packaging Market
4.4.1: APAC Rigid Plastic Packaging Market by Type: Bottles & Jars, Rigid Bulk Products, Trays, and Tubs, Cups, and Pots
4.4.2: APAC Rigid Plastic Packaging Market by End Use: Food, Beverages, Healthcare, Cosmetics & Toiletries, Industrial, and Others
4.5: ROW Rigid Plastic Packaging Market
4.5.1: ROW Rigid Plastic Packaging Market by Type: Bottles & Jars, Rigid Bulk Products, Trays, and Tubs, Cups, and Pots
4.5.2: ROW Rigid Plastic Packaging Market by End Use: Food, Beverages, Healthcare, Cosmetics & Toiletries, Industrial, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Rigid Plastic Packaging Market by Type
6.1.2: Growth Opportunities for the Global Rigid Plastic Packaging Market by Production Process
6.1.3: Growth Opportunities for the Global Rigid Plastic Packaging Market by Raw Material
6.1.4: Growth Opportunities for the Global Rigid Plastic Packaging Market by End Use
6.1.5: Growth Opportunities for the Global Rigid Plastic Packaging Market by Region
6.2: Emerging Trends in the Global Rigid Plastic Packaging Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Rigid Plastic Packaging Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Rigid Plastic Packaging Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Berry Global
7.2: Amcor
7.3: Takween Advanced Industries
7.4: Silgan Holdings
7.5: Pactiv
7.6: Sonoco Products
7.7: DS Smith
7.8: SABIC
7.9: Al Jabri Plastic Factory
7.10: Alpla
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's 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 this 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 Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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