Rigid Packaging Market Size, Share, Trend Analysis & Competition Tracking, Forecast 2020 - 2027
Rigid packaging refers to the use of materials such as rigid plastics, metal, glass, and others for packaging purposes. Over time, a wide range of rigid packaging materials have been developed. Increased consumer goods demand, improved packaging recycling rates, and the low cost of rigid plastic packaging are driving global market growth. However, factors such as increasing adoption of flexible packaging materials, Eurozone economic uncertainty, fluctuating raw material prices, and stringent regulations are limiting the rigid packaging market's growth.
The growing popularity of reusable packaging products is propelling the global rigid packaging market. Furthermore, the growing number of nuclear families, as well as the rising demand for convenience foods and other products, are expected to provide ample growth opportunities for rigid packaging in the global market. Furthermore, the development of new packaging materials, combined with the availability of smaller pack sizes, is providing some growth opportunity for the global rigid packaging market.
Although rigid packaging alternatives are slightly more expensive and heavier than flexible packaging solutions, they provide better protection against heat and other external factors such as moisture. Rigid packaging market participants are increasingly focusing on the development of innovative rigid packaging solutions and product development. Other grades of plastic are being used in the development of rigid plastic solutions as a result of growing concerns about the use of single-use plastic. Glass, wood, and metal packaging alternatives are gaining popularity in the global rigid packaging market due to rising demand for sustainable and eco-friendly rigid packaging solutions.
Market Segmentation:
By Material Type
By Application
The key players operating in the global Rigid Packaging market include Amcor Limited, Bemis Company, DS Smith Plc., Holmen AB, Georgia-Pacific LLC, Berry Plastics Corporation, Reynolds Group Holdings Limited, Sealed Air Corporation, RESILUX NV, and Mondi Group.
- Plastic
- Metal
- Wood
- Glass
- Paper & Paperboard
By Application
- Food & Beverage
- Chemical Industry
- Consumer Goods
- Healthcare & Pharmaceuticals
- Others
- Boxes
- Trays
- Containers & Cans
- Bottles & Jars
- Others
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