Rigid Plastic Packaging Market Research Report - Global Forecast to 2023
Global Rigid Plastic Packaging Market Information Report by Material (Bio plastics, Polyethylene Terephthalate (PET), Polyethylene (PE), Polyvinyl Chloride (PVC) and others), by Product (Bottles & jars, Trays, Tubs, Cups and others), by Manufacturing Process (Extrusion, Injection Molding, and others), by Application (Food & Beverages, Healthcare, Personal Care, Industrial Packaging and Others) and By Region - Global Forecast To 2023
Global Rigid Plastic Packaging Market Information Report by Material (Bio plastics, Polyethylene Terephthalate (PET), Polyethylene (PE), Polyvinyl Chloride (PVC) and others), by Product (Bottles & jars, Trays, Tubs, Cups and others), by Manufacturing Process (Extrusion, Injection Molding, and others), by Application (Food & Beverages, Healthcare, Personal Care, Industrial Packaging and Others) and By Region - Global Forecast To 2023
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<strong>Rigid</strong> <strong>Plastic</strong> <strong>Packaging</strong> <strong>Market</strong> <strong>Research</strong><br />
<strong>Report</strong> By <strong>Forecast</strong> To <strong>2023</strong><br />
Industry Survey, Growth, Competitive Landscape<br />
and <strong>Forecast</strong>s <strong>to</strong> <strong>2023</strong><br />
PREPARED BY<br />
<strong>Market</strong> <strong>Research</strong> Future<br />
(Part of Wantstats <strong>Research</strong> & Media Pvt. Ltd.)
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<strong>Rigid</strong> <strong>Plastic</strong> <strong>Packaging</strong> <strong>Market</strong> <strong>Research</strong> <strong>Report</strong> - <strong>Forecast</strong> <strong>to</strong> <strong>2023</strong><br />
<strong>Global</strong> <strong>Rigid</strong> <strong>Plastic</strong> <strong>Packaging</strong> <strong>Market</strong> Information <strong>Report</strong> by Material (Bio plastics, Polyethylene<br />
Terephthalate (PET), Polyethylene (PE), Polyvinyl Chloride (PVC) and others), by Product (Bottles & jars,<br />
Trays, Tubs, Cups and others), by Manufacturing Process (Extrusion, Injection Molding, and others), by<br />
Application (Food & Beverages, Healthcare, Personal Care, Industrial <strong>Packaging</strong> and Others) and By Region<br />
- <strong>Global</strong> <strong>Forecast</strong> To <strong>2023</strong><br />
The market is driven by various fac<strong>to</strong>rs such as increased consumption of processed foods & beverages, and innovation in<br />
rigid packaging. The higher disposable income in these developing countries increases the purchasing power. However, rigid<br />
plastic packaging market has various restraints that hinder the market growth such as fluctuating raw material prices and<br />
Recycling and environmental concerns. <strong>Global</strong> rigid plastic packaging market is expected <strong>to</strong> grow at a CAGR of 5.6% during<br />
the forecast period.<br />
The prominent players in the <strong>Rigid</strong> plastic packaging market include Amcor Limited (Australia), Bemis Company, Inc. (U.S.),<br />
RPC Group Plc (U.K.), Sealed Air Corporation (U.S.), ALPLA Werke Alwin Lehner GmbH & Co KG (Austria), Berry <strong>Plastic</strong>s<br />
Corporation (U.S.), Coveris Holdings S.A. (Luxembourg), Reynolds Group Holdings (New Zealand), Plastipak Holdings, Inc.<br />
(U.S.), Silgan Holdings, Inc. (U.S.), Linpac <strong>Packaging</strong> Limited (U.K.), and Consolidated Container Company (U.S.).<br />
The report for <strong>Global</strong> <strong>Rigid</strong> <strong>Plastic</strong> <strong>Packaging</strong> <strong>Market</strong> of <strong>Market</strong> <strong>Research</strong> Future comprises extensive primary research<br />
findings along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key<br />
opinion leaders <strong>to</strong> gain deeper insight in<strong>to</strong> the market and industry performance. The report gives a clear picture of current<br />
market scenario, which includes his<strong>to</strong>rical and projected market size in terms of value, technological advancement, macro<br />
economical and governing fac<strong>to</strong>rs in the market. The report provides detailed information and strategies of the <strong>to</strong>p key<br />
players in the industry. The report also gives a broad study of the different market segments and regions.
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<strong>Rigid</strong> <strong>Plastic</strong> <strong>Packaging</strong> <strong>Market</strong> <strong>Research</strong> <strong>Report</strong> - <strong>Forecast</strong> <strong>to</strong> <strong>2023</strong><br />
Segmentation<br />
<strong>Global</strong> <strong>Rigid</strong> plastic packaging market has been segmented based on material, application and region. On the basis of<br />
material, the market is segmented as Bio plastics, Polyethylene Terephthalate (PET), Polyethylene (PE), Polyvinyl Chloride<br />
(PVC) and others. Polyethylene dominates the material segment of the market and is expected <strong>to</strong> be the fastest growing<br />
material segment. Majority of the end users use LDPE for rigid plastic packaging. It has numerous benefits such as ease of<br />
processing, barrier <strong>to</strong> moisture, strength/<strong>to</strong>ughness, flexibility, and ease of sealing. PVC is a dense material. It is considered<br />
a common material in India, when clarity is an important selection criterion, particularly for consumer packaging. On the<br />
basis of manufacturing process, the market is segmented as Extrusion, Injection Molding, and others. Injection molding<br />
processes dominates the segment of the market. Injection molding is the most commonly used manufacturing process for<br />
the fabrication of plastic parts. It is used mainly due <strong>to</strong> fac<strong>to</strong>rs such as faster production process, and low production waste.<br />
Extrusion is also another major manufacturing process.<br />
On the basis of application, the market has been segmented as Food & Beverages, Healthcare, Personal Care, Industrial<br />
<strong>Packaging</strong> and Others. Food & beverages dominates the application segment of the market and is expected <strong>to</strong> be the fastest<br />
growing application segment. Increasing population along with growing demand for food and beverages, drives the growth<br />
of the market. On the basis of product, the market has been segmented as bottles & jars, trays, tubs, cups and others.<br />
Bottles & jars dominates the product segments of the market. Bottles are used <strong>to</strong> package many products, such as juices,<br />
water, carbonated soft drinks, food products, and others. Fac<strong>to</strong>rs such as an expanding global population, increasing<br />
urbanization, and an increased demand for beverages and household care products, drive the demand of bottles and jars.<br />
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<strong>Rigid</strong> <strong>Plastic</strong> <strong>Packaging</strong> <strong>Market</strong> <strong>Research</strong> <strong>Report</strong> - <strong>Forecast</strong> <strong>to</strong> <strong>2023</strong><br />
<strong>Market</strong> Segmentation of <strong>Global</strong> <strong>Rigid</strong> <strong>Plastic</strong> <strong>Packaging</strong> <strong>Market</strong>
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<strong>Rigid</strong> <strong>Plastic</strong> <strong>Packaging</strong> <strong>Market</strong> <strong>Research</strong> <strong>Report</strong> - <strong>Forecast</strong> <strong>to</strong> <strong>2023</strong><br />
Regional Analysis<br />
On the basis of regions, global rigid plastic packaging market has been segmented as North America, Europe, Asia Pacific<br />
and Rest of the World (RoW). Asia Pacific dominates the global rigid plastic packaging market, followed by North America. It<br />
is expected <strong>to</strong> be the fastest growing region for the market. It comprises countries such as China, India, and Japan, which<br />
lead in the export of goods <strong>to</strong> various parts of the world. Growing industrialization and urbanization in developing countries<br />
such as China and India, provides a boost <strong>to</strong> the market. Additionally, the availability of raw materials and low labor cost,<br />
<strong>to</strong>gether form a positive influence on the market growth. China accounts for the largest share of the rigid plastic packaging<br />
market in the Asia Pacific region. North America is second largest region for the market. Increased consumption of<br />
beverages, fuels the growth of the market. Latin America and Middle-East & Africa regions are also expected <strong>to</strong> witness<br />
high growth over the forecast period due <strong>to</strong> rising demand from the manufacturing and e-commerce sec<strong>to</strong>r. European<br />
region is expected <strong>to</strong> contribute significantly during the forecast period.<br />
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