Rigid Packaging Market

Rigid Packaging Market was Amplifying at a CAGR of 5.53% Over the Forecast Duration of 2022-2030.

Rigid Packaging Market was valued at USD 198.9 billion in 2021 and is poised to amass a valuation of USD 322.73 billion by 2030, amplifying at a CAGR of 5.53% over the forecast duration of 2022-2030.

Rigid packaging refers to the use of stronger and heavier materials for product packaging, such as glass, cardboard, wood, metal, and rigid plastics. The approach is mostly used to keep a product’s inside contents from becoming distorted or damaged. It also provides heat resistance while also improving the structure and support of the products. Rigid packaging can take several forms, including aluminium cans, glass jars, single-ply plastic boxes, and so on.

Demand for biodegradable rigid plastic packaging is predicted to increase in the future, boosting market growth. People’s shift to beverages and other household care goods has also benefited the rigid plastic packaging sector. Furthermore, market expansion is aided by rapidly rising urbanisation. In addition, people’s increasing disposable income will have a beneficial impact on market growth in the future

Global Rigid Packaging Market- Segmental Analysis

Key Players

  • Amcor Limited
  • Ardagh Group S.A
  • Ball Corporation
  • Berry Plastics Corporation
  • Brambles
  • Altium Packaging
  • Coveris Holdings S.A
  • DS Smith Plc
  • Schutz GmbH and Co
  • Sealed Air Corporation
  • Silgan Holdings, Inc.
  • Sirap Group
  • Sonoco
  • Tetra Pak International
  • Vetropack Holding
  • WestRock Company
  • Georgia-Pacific Corporation
  • Holmen AB
  • IPL Plastics
  • Menasha Corporation
  • Myers Industries
  • Nefab Group
  • Plastipak Holdings Inc.
  • Rehrig Pacific Company
  • RESILUX NV
  • Schoeller Allibert

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By Material

  • Plastics
  • Metal
  • Paper & Paperboard
  • Glass
  • Bioplastic
  • Others

By Application

  • Cereal boxes
  • Glass bottles of spirits
  • Trays
  • Containers
  • Cans of soup
  • Laundry detergent bottles
  • Others

By End Use

  • Food & Beverages
  • Healthcare & Pharmaceutical
  • Electrical & Electronics
  • Personal Care
  • Industrial
  • Chemical Industry
  • Others

Some Points from TOC

  1. introduction and market overview
  2. trends, outlook, and factors analysis
  3. executive summary
  4. estimates & historic trend analysis (2018 to 2021)
  5. estimates & forecast trend analysis, by lens type
  6. estimates & forecast trend analysis, by product type
  7. estimates & forecast trend analysis, by application
  8. estimates & forecast trend analysis, by distribution channel
  9. analysis and forecast, by region
  10. North america Rigid Packaging market: estimates & forecast trend analysis
  11. Europe Rigid Packaging market: estimates & forecast trend analysis
  12. Asia pacific Rigid Packaging market: estimates & forecast trend analysis
  13. Middle east & africa Rigid Packaging market: estimates & forecast trend analysis
  14. Latin america Rigid Packaging market: estimates & forecast trend analysis
  15. Competitive landscape
  16. Assumptions and research methodology
  17. Conclusions and recommendations

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COVID-19 impact

The plastics industry’s almost one million people are working around the clock to deliver the material that is needed on the front lines. Plastics are critical in the effort to stem the spread of the virus, from medical supplies to food packaging. Plastics will continue to play an increasingly important role in keeping our families healthy, our food fresh and safe, and our healthcare staff safe. The impact of COVID-19 is predicted to reduce demand for packaging products by 10–20 percent across categories. With the depletion of suppliers’ inventory around the world, supply pressure is projected to worsen in 3–4 months. To meet the rising demand in the food industry, major suppliers are converting non-essential packaging capacity to critical packaging.

The demand for essential services such as personal and healthcare products is increasing, which could have an impact on rigid packaging products, particularly HDPE containers, pumps, and pharmaceutical bottles; however, demand from non-essential industries is gradually declining, with many countries under lockdown and restricted cross-border movement. Shutdowns around the world may result in lower demand for regional label providers that do not serve the food and healthcare industries. Key global firms such as Avery Dennison and CCL Labels, on the other hand, continue to operate with a priority on vital businesses such as healthcare and food.

Key Benefits For Stakeholders

  1. This report presents a quantitative analysis of this market trends, estimations, and dynamics of this market from 2020 to 2030 to identify the prevailing Rigid Packaging market opportunity.
  2. The key countries in all the major regions are mapped based on their market share.
  3. Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
  4. In-depth this market analysis of the market segmentation assists in determining the prevailing market opportunities.
  5. Major countries in each region are mapped according to their revenue contribution to this industry. Market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players.
  6. The report includes the analysis of regional as well as global market, key players, market segments, application areas, and growth strategies.

FREQUENTLY ASKED QUESTIONS?

Q1. What will be this Market Size From 2022 to 2030?

Q2. What is the CAGR of this Market?

Q3. How can I get sample report of this Market?

Q4. Which is the base year calculated in this Market report?

Q5. Which are the top companies in this Market?

Q6. What are the segments of Rigid Packaging Market?

Q7. What are the key trends in the Rigid Packaging Market report?

Q8. Which region holds the maximum market share of the Rigid Packaging Market?

Q9. How will the COVID-19 pandemic impact the Rigid Packaging Market in 2021?

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