Global Rigid Plastic Packaging Market Size, Share, Trends, Growth, Analysis by Material (Bio plastics, Polyethylene Terephthalate (PET), Polyethylene (PE), Polyvinyl Chloride (PVC) and others), by Product, by Manufacturing Process (Extrusion, Injection Molding, and others), by Application and By Region - Global Forecast To 2023
Rigid Plastic Packaging Market Highlights
Rigid plastic packaging is used where goods should be tightly held together and secured for transportation. Such packaging is used for consumer products and in industrial applications, to protect, market, and distribute a variety of products. 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. Hence, consumer dependence on processed, pre-cooked and packed foods, here, will increase. As a result rigid plastic packaging market has been impacted, positively. However, rigid plastic packaging market has various restraints that hinder the market growth such as fluctuating raw material prices and Recycling and environmental concerns.
Rigid plastic packaging market is projected to grow at CAGR of 5.6% during the forecast period.
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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.)
Consolidated Container Company (U.S.).
Market Research Analysis
Global Rigid Plastic Packaging Market has been segmented based on materials, applications and regions. On the basis of materials, the market has been 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 has been segmented as Extrusion, Injection Molding, and others. Injection molding processes dominates the market, by segments. 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.
Scope of the Report
This study provides an overview of the global rigid plastic packaging market, tracking four market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next six years for each region. The scope of the study segments the global rigid plastic packaging market by its material, product, manufacturing process, application and region.
Polyethylene Terephthalate (PET)
Polyvinyl Chloride (PVC)
Bottles & jars
By Manufacturing Process
Food & Beverages
Rest of the World
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TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
2 SCOPE OF THE REPORT
2.1 MARKET DEFINITION
2.2 SCOPE OF THE STUDY
2.2.2 RESEARCH OBJECTIVE
2.3 RESEARCH PROCESS
2.3.1 PRIMARY RESEARCH
2.3.2 SECONDARY RESEARCH
2.4 MARKET SIZE ESTIMATION
2.5 FORECAST MODEL
3 MARKET LANDSCAPE
3.1 PORTER’S FIVE FORCES ANALYSIS
3.1.1 THREAT OF NEW ENTRANTS
3.1.2 BARGAINING POWER OF BUYERS
3.1.3 BARGAINING POWER OF SUPPLIERS
3.1.4 THREAT OF SUBSTITUTES
3.1.5 SEGMENT RIVALRY
3.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS
4 MARKET DYNAMICS
4.2 MARKET DRIVERS
4.3 MARKET RESTRAINTS
4.4 MARKET OPPORTUNITIES
4.5 MARKET TRENDS
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