Covid Impact Rigid Plastic Packaging Market is projected to reach a value of over USD 334.0 billion by 2027 at a CAGR of around 4.6%.

Rigid Plastic Packaging Market: Summary

The Global Rigid Plastic Packaging Market is projected to reach a value of over USD 334.0 billion by 2027 at a CAGR of around 4.6%.

Rigid plastics packaging is a type of packaging technique that involves the usage of plastic material. The material which exhibits no elastic deformation and perfect plastic deformation is known as rigid plastic material. Rigid plastic packaging comprises of cups, closures, cans, pots, and many others. Durability, cost, longevity, absorption of flavors, and lightweight are some of the benefits offered by rigid plastic packaging. Moreover, high impact strength, high stiffness, and high barrier properties are some of the superior properties offered by rigid plastic packaging which has led to an increase in the global demand.

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Rigid Plastic Packaging Market: Drivers &restraint

Market Driver:

  • Growing Demand for Processed and Convenience Food & Beverages

Rise in disposable income owing to growth in the economy especially in emerging countries such as China and India has expected to increase the demand for convenience and processed food & beverages. The increasing working population has attributed a higher demand for processed food in developing nation and higher consumption of convenience food. Furthermore, COVID-19 pandemic is another driving factor for changing the lifestyle of consumers towards consuming convenience foods because most nations are forced to restrict movement and lockdown their borders. Thus, growing demand for processed and convenience food & beverages has expected to drive the growth of rigid plastic packaging during the forecasted period.

Market Restraint:

  • Stringent Government Regulation

Stringent regulation has been imposed by the various federal government to regulate food, drugs, and cosmetic packaging to preserve consumer safety and confidence. For instance, the Federal Food, Drug, and Cosmetic Act of 1938 aimed to protect consumers from unsafe deceptively labeled or packaged products. Moreover, various regulatory programs introduced by states and local jurisdictions to reduce the use and disposal of certain packaging material, and mandate minimum recycling requirement. For instance, the U.S. Food & Drug Administration’s (FDA), “Points to Consider for the Use of Recycled Plastics in Food Packaging: Chemistry Considerations”, which states the use of recycled polymers is permissible if it is of a type previously permitted for food-contact, has been kept free of contaminates during the recycling process, and the recycled material has been tested to establish suitable purity for reuse in food packaging. Thus, stringent regulations imposed by the federal government to regulate food, drugs, and cosmetic packaging has expected to hinder the growth of the market during the forecasted period.

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Rigid Plastic Packaging Market: Key Segments

  • Segmentation based on Raw Material: Bioplastics, Polyethylene (PE), Polyethylene Terephthalate (PET), Polypropylene (PP), Polystyrene (PS), Polyvinyl Chloride (PVC), Expanded Polystyrene (EPS), and Others.
  • Segmentation based on Type: Bottles & Jars, Trays, Rigid Bulk Products, Tubs, Cups, & Pots, and Others.
  • Segmentation based on Production Process: Extrusion, Injection Molding, Blow Molding, Thermoforming, and Others.
  • Segmentation based on end-use: Food & Beverages, Healthcare, Personal Care, Industrial Packaging, and Others.
  • Segmentation based on region covers: North America, Europe, Asia-Pacific, Middle East & Africa and South America with individual country-level analysis.

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Key Companies Covered

  • Amcor plc (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • ALPLA
  • Coveris
  • Berry Global Inc.
  • RPC Group Plc
  • Reynolds
  • Silgan Holdings Inc
  • Altium Packaging
  • PLASTIPAK HOLDINGS, INC.
  • LINPAC Packaging
  • Sonoco Products Company
  • Klöckner Pentaplast
  • 3M
  • Alto
  • ETIMEX PRIMARY PACKAGING
  • Other Key Companies

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Table of Content

  1. INTRODUCTION
  2. Research Objectives
  3. Market Definition
  4. Research Scope
  5. Regional Coverage
  6. Research Timeline
  7. Assumptions
  8. Limitations
  9. RESEARCH DESIGN & SCOPE
  10. Introduction
  11. Primary Research
  12. Key Industry Expert Insight
  13. Secondary Research
  14. Vital Data from Secondary Sources
  15. Market Size Estimation
  16. Data Validation & Triangulation
  17. EXECUTIVE SUMMARY
  18. MARKET DYNAMICS
  19. Introduction
  20. Drivers
  21. Increasing Consumption of Processed Food & Beverages
  22. Improvement in Recycle Rates for Packaging Globally
  23. Restraint
  24. Stringent Government Regulation
  25. Opportunities
  26. Rise in E-commerce Sales
  27. Challenges
  28. High Input Cost
  29. INDUSTRY TRENDS — PORTERS FIVE FORCES ANALYSIS
  30. Introduction
  31. Power of Buyers
  32. Power of Suppliers
  33. Intensity of Competition
  34. Challenges of Substitutes
  35. Challenges of New Entrants
  36. Macro-Economic Indicators
  37. GLOBAL RIGID PLASTIC PACKAGING MARKET BY RAW MATERIAL, Market Size in USD Million & Volume in Kiloton (2019–2027)
  38. Introduction
  39. Bioplastics
  40. Polyethylene (PE)
  41. Polyethylene Terephthalate (PET)
  42. Polypropylene (PP)
  43. Polystyrene (PS)
  44. Polyvinyl Chloride (PVC)
  45. Expanded Polystyrene (EPS)
  46. Others
  47. GLOBAL RIGID PLASTIC PACKAGING MARKET BY TYPE, Market Size in USD Million & Volume in Kiloton (2019–2027)
  48. Introduction
  49. Bottles & Jars
  50. Trays
  51. Rigid Bulk Products
  52. Tubs, Cups, & Pots
  53. Others
  54. GLOBAL RIGID PLASTIC PACKAGING MARKET BY PRODUCTION PROCESS, Market Size in USD Million & Volume in Kiloton (2019–2027)
  55. Introduction
  56. Extrusion
  57. Injection Molding
  58. Blow Molding
  59. Thermoforming
  60. Others
  61. GLOBAL RIGID PLASTIC PACKAGING MARKET BY END-USE, Market Size in USD Million & Volume in Kiloton (2019–2027)
  62. Introduction
  63. Food & Beverages
  64. Healthcare
  65. Personal Care
  66. Others
  67. GLOBAL RIGID PLASTIC PACKAGING MARKET BY REGION, Market Size in USD Million & Volume in Kiloton (2019–2027)
  68. North America
  69. US
  70. Canada
  71. Mexico
  72. Europe
  73. Germany
  74. France
  75. Italy
  76. UK
  77. Russia
  78. Rest of Europe
  79. Asia-Pacific
  80. China
  81. India
  82. Japan
  83. South Korea
  84. Rest of Asia-Pacific
  85. Middle East and Africa
  86. Saudi Arabia
  87. UAE
  88. Rest of Middle East and Africa
  89. South America
  90. Brazil
  91. Argentina
  92. Rest of South America
  93. COMPETITIVE LANDSCAPE
  94. Introduction
  95. Market Ranking/Share Analysis of Key Companies
  96. Company Benchmarking
  97. COMPANY PROFILES
  98. Amcor plc
  99. Company Overview
  100. Financial Overview
  101. Products/Solutions/Services Offered
  102. Key Developments
  103. ALPLA
  104. Coveris
  105. Berry Global Inc.
  106. RPC Group Plc
  107. Reynolds
  108. Silgan Holdings Inc
  109. Altium Packaging
  110. PLASTIPAK HOLDINGS, INC.
  111. LINPAC Packaging
  112. Sonoco Products Company
  113. Klöckner Pentaplast
  114. 3M
  115. Alto
  116. ETIMEX PRIMARY PACKAGING
  117. Other Key Companies
  118. APPENDIX
  119. Key Industry Expert Insights
  120. Primary Discussion Guide
  121. Customization Options

About Forencis Research

Forencis Research is a B2B market research, intelligence and advisory firm engaging in market research and consulting services across leading industries, globally. Our robust and meticulous research team provides high growth and niche syndicated reports, customized reports and consulting reports to the diverse global fortune clientele and intellectual institutions. Forencis Research database is a constantly evolving pool of reports and white paper studies which helps companies to foster accelerated revenue growth in global and regional markets. Forencis Research delivers market research and consulting reports on high growth markets to help companies dominate their competition and set themselves apart by attaining increased revenue growth. To enable exclusive insights around the target market, Forencis Research employs robust research Methodology & Design which includes data acquisition, data synthesis and data correlation, through Primary and Secondary Research. Through the obtained data, Top-down and bottom-up methods are exercised to attain and verify data sanity within the entire market. This market data is yet again correlated with Forencis Research’s internal database before presenting it in any of our final publications. These methods of data correlation and amalgamation benefit us to put forward accurate market estimates enabling our clients to transform their business, markets and most importantly their “REVENUES”.

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