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Rigid Packaging Market

Rigid Packaging Market Forecasts to 2028 – Global Analysis By Material (Glass, Metal), Product Type (Boxes, Trays, Containers & Cans), End User (Food and Beverage, Industrial) and By Geography

4.4 (56 reviews)
Published: December 2021 ID: SMRC21224
4.4 (56 reviews)
Published: December 2021 ID: SMRC21224

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Rigid Packaging Market is growing at a CAGR of 8.0% during the forecast period. The rise in the global consumption of consumer goods and improving packaging recycling rates globally are the major factors propelling the market growth. However, stringent government regulations are hampering market growth.

Rigid packaging is classified 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 various harmful external factors.

Based on the end user, the food and beverage segment has a significant growth during the forecast period. Growing demand for packaged food owing to changing lifestyles is poised to be one of the key growth stimulants of the segment. The flourishing beverage industry, led by by-products such as liquor and energy drinks, is resulting in a boost in the demand for rigid packaging.

By geography, the Asia Pacific holds the largest market share during the forecast period. This region is determined by the rapid expansion of the pharmaceutical and food & beverage sectors. Besides, emerging economies such as China and India are projected to register a sharp rise in the demand for rigid packaging.

Some of the key players profiled in the Rigid Packaging Market include Amcor Limited, Ball Corporation, Bemis Company Inc., Berry Plastics Corporation, Consolidated Container Company, Coveris Holdings S.A, DS Smith Plc, Georgia-Pacific Corporation, Holmen AB, Mondi Group, Plastipak Holdings Inc., RESILUX NV, Reynolds Group Holding, Sealed Air Corporation, Silgan Holdings, Inc., Sonoco, and Tetra Pak International.

Report Coverage

Details

Published Year:

2021

Estimated Period:

2020

Compound Annual Growth Rate (CAGR)  from 2020 to 2028:

8.0%

Forecast Years:

2021-2028

Tables, Graphs & Figures

135

Chapters Covered:

Material, Product Type, End User and Region

Core Drivers and Opportunities:

  • Rise in the global consumption of consumer goods
  • Improving packaging recycling rates globally

Restraining Factors & Market Threats:

  • Uncertain raw material prices

 
Materials Covered:
• Glass
• Metal
• Plastic
• Paper & Paperboard
• Bioplastic
• Wood

Product Types Covered:
• Boxes
• Trays
• Containers & Cans
• Bottles & Jars
• Frozen

End Users Covered:
• Food and Beverage
• Industrial
• Personal Care
• Healthcare & Pharmaceutical
• Electronics
• Chemicals and Petrochemicals
• Consumer Goods

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Key Questions Answered In The Report

The Global Rigid Packaging Market is majorly driven by the rise in the global consumption of consumer goods and improving packaging recycling rates globally.

The food and beverage segment is growing at the highest CAGR due to the rising demand for convenience food.

North America dominated with a significant market share due to the guidelines regarding the reduction of carbon footprints.

Asia Pacific market is growing at the highest CAGR due to the presence of a large number of food & beverage and personal care product manufacturers.

Key players in Rigid Packaging Market include Amcor Limited, Ball Corporation, Bemis Company Inc., Berry Plastics Corporation, Consolidated Container Company, Coveris Holdings S.A, DS Smith Plc, Georgia-Pacific Corporation, Holmen AB, Mondi Group, Plastipak Holdings Inc., RESILUX NV, Reynolds Group Holding, Sealed Air Corporation, Silgan Holdings, Inc., Sonoco, and Tetra Pak International.

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