Rigid Plastic Packaging Market Research Report - Global Forecast to 2023

Rigid Plastic Packaging Market Research
Report By Forecast To 2023
Industry Survey, Growth, Competitive Landscape
and Forecasts to 2023
PREPARED BY
Market Research Future
(Part of Wantstats Research & Media Pvt. Ltd.)

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Rigid Plastic Packaging Market Research Report - 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
The market is driven by various factors such as increased consumption of processed foods & beverages, and innovation in
rigid packaging. The higher disposable income in these developing countries increases the purchasing power. However, rigid
plastic packaging market has various restraints that hinder the market growth such as fluctuating raw material prices and
Recycling and environmental concerns. Global rigid plastic packaging market is expected to grow at a CAGR of 5.6% during
the forecast period.
The prominent players in the Rigid plastic packaging market include Amcor Limited (Australia), Bemis Company, Inc. (U.S.),
RPC Group Plc (U.K.), Sealed Air Corporation (U.S.), ALPLA Werke Alwin Lehner GmbH & Co KG (Austria), Berry Plastics
Corporation (U.S.), Coveris Holdings S.A. (Luxembourg), Reynolds Group Holdings (New Zealand), Plastipak Holdings, Inc.
(U.S.), Silgan Holdings, Inc. (U.S.), Linpac Packaging Limited (U.K.), and Consolidated Container Company (U.S.).
The report for Global Rigid Plastic Packaging Market of Market Research Future comprises extensive primary research
findings along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key
opinion leaders to gain deeper insight into the market and industry performance. The report gives a clear picture of current
market scenario, which includes historical and projected market size in terms of value, technological advancement, macro
economical and governing factors in the market. The report provides detailed information and strategies of the top key
players in the industry. The report also gives a broad study of the different market segments and regions.

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Rigid Plastic Packaging Market Research Report - Forecast to 2023
Segmentation
Global Rigid plastic packaging market has been segmented based on material, application and region. On the basis of
material, the market is segmented as Bio plastics, Polyethylene Terephthalate (PET), Polyethylene (PE), Polyvinyl Chloride
(PVC) and others. Polyethylene dominates the material segment of the market and is expected to be the fastest growing
material segment. Majority of the end users use LDPE for rigid plastic packaging. It has numerous benefits such as ease of
processing, barrier to moisture, strength/toughness, flexibility, and ease of sealing. PVC is a dense material. It is considered
a common material in India, when clarity is an important selection criterion, particularly for consumer packaging. On the
basis of manufacturing process, the market is segmented as Extrusion, Injection Molding, and others. Injection molding
processes dominates the segment of the market. Injection molding is the most commonly used manufacturing process for
the fabrication of plastic parts. It is used mainly due to factors such as faster production process, and low production waste.
Extrusion is also another major manufacturing process.
On the basis of application, the market has been segmented as Food & Beverages, Healthcare, Personal Care, Industrial
Packaging and Others. Food & beverages dominates the application segment of the market and is expected to be the fastest
growing application segment. Increasing population along with growing demand for food and beverages, drives the growth
of the market. On the basis of product, the market has been segmented as bottles & jars, trays, tubs, cups and others.
Bottles & jars dominates the product segments of the market. Bottles are used to package many products, such as juices,
water, carbonated soft drinks, food products, and others. Factors such as an expanding global population, increasing
urbanization, and an increased demand for beverages and household care products, drive the demand of bottles and jars.
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Rigid Plastic Packaging Market Research Report - Forecast to 2023
Market Segmentation of Global Rigid Plastic Packaging Market

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Rigid Plastic Packaging Market Research Report - Forecast to 2023
Regional Analysis
On the basis of regions, global rigid plastic packaging market has been segmented as North America, Europe, Asia Pacific
and Rest of the World (RoW). Asia Pacific dominates the global rigid plastic packaging market, followed by North America. It
is expected to be the fastest growing region for the market. It comprises countries such as China, India, and Japan, which
lead in the export of goods to various parts of the world. Growing industrialization and urbanization in developing countries
such as China and India, provides a boost to the market. Additionally, the availability of raw materials and low labor cost,
together form a positive influence on the market growth. China accounts for the largest share of the rigid plastic packaging
market in the Asia Pacific region. North America is second largest region for the market. Increased consumption of
beverages, fuels the growth of the market. Latin America and Middle-East & Africa regions are also expected to witness
high growth over the forecast period due to rising demand from the manufacturing and e-commerce sector. European
region is expected to contribute significantly during the forecast period.
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