Rigid Packaging Market Size and Growth (2023 – 2032)
The global rigid packaging market size is estimated to grow from USD 209.48 billion in 2022 to reach an estimated USD 333.17 billion by 2032, growing at a 4.8% CAGR between 2023 and 2032.
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Report Highlights: Important Revelations
- Global rigid packaging sector is poised for growth, starting at a value of USD 209.48 billion in 2022.
- The market is expected to surge, reaching an estimated value of USD 333.17 billion by 2032.
- This expansion is registered at a consistent CAGR of 4.8% over the period from 2023 to 2032.
- Key influences on the rigid packaging sector in Asia Pacific.
- North America’s impact on the global rigid packaging scene.
- Significance of rigid plastic packaging across different industries.
- Crucial function of rigid boxes in contemporary packaging methods.
- Wide-ranging uses of rigid packaging within the food and beverage industry
The rigid packaging sector makes prominent use of plastic owing to their numerous advantages, include becoming durable, portable, chemically impermeable, and reasonably priced. Considering 31% of the world’s plastic utilisation volume going to the packaging, the industry certainly is dominating with the manner when plastics are used. Comparing to other forms of packaging, rigid packaging is more lightweight. It also reduces food waste and spoiling, protects against breakage, and offers a host of other advantages. Rigid plastic widely used in various industries such as food and beverage, personal care, healthcare and others.
Rigid packaging is often chosen since it is lightweight than components including glass or metal and consumes less electricity to transport. The carbon footprint of a product can be reduced by up to 40% by switching from glass bottles to plastic equivalents, according to recent research. This emphasises rigid plastic packaging’s sustainability, which makes it a sensible option for both producers and customers.
Contrary to popular belief, flexible packaging is more eco-friendly than rigid packaging, while glass jars require more energy to produce than flexible pouches, glass has the benefit of being infinitely recyclable and reusable. Even though stiff plastic packaging requires more energy and materials to produce, the plastics used are frequently obtained domestically and can contain recycled content. A large amount of glass is manufactured globally, which increases the amount of energy required for transportation and leaves a larger carbon imprint. There are more considerations for sustainability in packaging decisions than just material type.
Rigid Packaging Market TOC
Introduction
- Research Objective
- Scope of the Study
- Definition and Taxonomy
Research Methodology
- Research Approach
- Data Sources
- Assumptions
Executive Summary
- Synopsis
- Analyst Recommendations
Market Overview
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Value chain analysis
- Raw Material Sourcing
- Manufacturing Process
- Logistics & Transportation
- Buyer Preferences
- Trends
- Market Trends
- Technological Trends
- Porter’s Five Forces Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitute
- Threat of New Entrants
- Degree of Competition
- PESTLE Analysis for 5 Leading Countries
- Regulatory Framework for Leading Countries/Regions
- Supply Demand Analysis
- Production & Consumption Statistics
- Export Import Statistics
- Price Trend Analysis
Global Rigid Packaging Market Assessment
- Overview
- Global Rigid Packaging Market Size Value (US$) and Volume (Billion Tons), By Material Type (2021 – 2033)
- Plastic
- Metal
- Paper & Paperboard
- Glass
- Bioplastic
- Global Rigid Packaging Market Size Value (US$) and Volume (Billion Tons), By Product Type (2021 – 2033)
- Boxes
- Trays
- Containers & Cans
- Bottles & Jars
- Others
- Global Rigid Packaging Market Size Value (US$) and Volume (Billion Tons), By Application Type (2021 – 2033)
- Food & Beverages
- Healthcare
- Cosmetics and Personal Care Product
- Household Care Products
- Others
- Global Rigid Packaging Market Size Value (US$) and Volume (Billion Tons), By Region Type (2021 – 2033)
- Asia Pacific
- North America
- Europe
- LAMEA
Asia Pacific Rigid Packaging Market Assessment
- Overview
- Asia Pacific Rigid Packaging Market Size Value (US$) and Volume (Billion Tons), By Material Type (2021 – 2033)
- Plastic
- Metal
- Paper & Paperboard
- Glass
- Bioplastic
- Asia Pacific Rigid Packaging Market Size Value (US$) and Volume (Billion Tons), By Product Type (2021 – 2033)
- Boxes
- Trays
- Containers & Cans
- Bottles & Jars
- Others
- Asia Pacific Rigid Packaging Market Size Value (US$) and Volume (Billion Tons), By Application Type (2021 – 2033)
- Food & Beverages
- Healthcare
- Cosmetics and Personal Care Product
- Household Care Products
- Others
North America Rigid Packaging Market Assessment
- Overview
- North America Rigid Packaging Market Size Value (US$) and Volume (Billion Tons), By Material Type (2021 – 2033)
- Plastic
- Metal
- Paper & Paperboard
- Glass
- Bioplastic
- North America Rigid Packaging Market Size Value (US$) and Volume (Billion Tons), By Product Type (2021 – 2033)
- Boxes
- Trays
- Containers & Cans
- Bottles & Jars
- Others
- North America Rigid Packaging Market Size Value (US$) and Volume (Billion Tons), By Application Type (2021 – 2033)
- Food & Beverages
- Healthcare
- Cosmetics and Personal Care Product
- Household Care Products
- Others
Europe Rigid Packaging Market Assessment
- Overview
- Europe Rigid Packaging Market Size Value (US$) and Volume (Billion Tons), By Material Type (2021 – 2033)
- Plastic
- Metal
- Paper & Paperboard
- Glass
- Bioplastic
- Europe Rigid Packaging Market Size Value (US$) and Volume (Billion Tons), By Product Type (2021 – 2033)
- Boxes
- Trays
- Containers & Cans
- Bottles & Jars
- Others
- Europe Rigid Packaging Market Size Value (US$) and Volume (Billion Tons), By Application Type (2021 – 2033)
- Food & Beverages
- Healthcare
- Cosmetics and Personal Care Product
- Household Care Products
- Others
LAMEA Rigid Packaging Market Assessment
- Overview
- LAMEA Rigid Packaging Market Size Value (US$) and Volume (Billion Tons), By Material Type (2021 – 2033)
- Plastic
- Metal
- Paper & Paperboard
- Glass
- Bioplastic
- LAMEA Rigid Packaging Market Size Value (US$) and Volume (Billion Tons), By Product Type (2021 – 2033)
- Boxes
- Trays
- Containers & Cans
- Bottles & Jars
- Others
- LAMEA Rigid Packaging Market Size Value (US$) and Volume (Billion Tons), By Application Type (2021 – 2033)
- Food & Beverages
- Healthcare
- Cosmetics and Personal Care Product
- Household Care Products
- Others
Company Profile
- Bemis Company, Inc.
- Company Overview
- Geographic Footprints
- Financial Performance
- Product Portfolio
- SWOT Analysis
- R&D Efforts
- Recent Developments & Strategic Collaborations
- Product Launch/M&A/Technical Collaboration
- Amcor Limited
- Coveris Holdings S.A
- Reynolds Group Holding
- Berry Plastics Corporation
- Sonoco
- Sealed Air Corporation
- Silgan Holdings, Inc.
- Plastipak Holdings, Inc.
- Consolidated Container Company
- DS Smith PLC
- Ball Corporation
Conclusion & Recommendations
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