The global Rigid Plastic Packaging Market size was USD 621.16 Billion in 2022 and is expected to register a revenue CAGR of 6% over the forecast period, according to the latest report by Reports and Data.
One of the key drivers boosting the Rigid Plastic Packaging industry's revenue growth is the demand for packaged food and beverage products. Due to hectic schedules and greater disposable income, consumers are selecting packaged food and beverages more frequently for convenience. Examples of Rigid Plastic Packaging alternatives that offer durability and protection for these commodities and guarantee that they reach consumers in excellent condition are glass bottles, metal cans, and plastic containers. Because packaged premium and luxury goods are becoming more and more popular, high-end Rigid Plastic Packaging solutions are also in demand.
Another aspect driving the Rigid Plastic Packaging market revenue growth is the rise of internet shopping. The rise of e-commerce has increased demand for packing methods that can protect items from harm while in transit. Foam inserts, plastic crates, and corrugated boxes are all used to protect items during shipping and handling.
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Top Leading Players:
- Amcor Limited
- Ball Corporation
- Berry Global Inc.
- Crown Holdings Inc.
- Mondi plc
- Owens-Illinois Inc.
- Sealed Air Corporation
- Sonoco Products Company
- Stora Enso Oyj
- WestRock Company
Key Regional Markets Covered in the Report:
North America (U.S.A., Canada, Mexico)
Europe (Italy, U.K., Germany, France, Rest of Europe)
Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
Segments covered in the report:
By Material Type Outlook:
- Plastic
- Metal
- Glass
- Paperboard
- Others
By Product Type Outlook:
- Bottles
- Cans
- Cartons
- Boxes
- Others
By End-Use Outlook:
- Food Beverages
- Healthcare
- Personal Care
- Industrial
- Others
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