Rigid Plastic Packaging Market Report: Trends, Forecast and Competitive Analysis to 2030

Rigid Plastic Packaging Trends and Forecast

The future of the global rigid plastic packaging market looks promising with opportunities in the food, beverage, healthcare, cosmetic & toiletries, and industrial markets. The global rigid plastic packaging market is expected to reach an estimated $266.8 billion by 2030 with a CAGR of 4.6% from 2024 to 2030. The major drivers for this market are robust demand from the beverage and food packaging sectors, growing customer preferences for product safety and longer shelf life, rising need for environmentally friendly packaging options, and several developments in manufacturing technology.

A more than 150-page report is developed to help in your business decisions.

Rigid Plastic Packaging by Segment

The study includes a forecast for the global rigid plastic packaging by type, production process, raw material, end use, and region.

Rigid Plastic Packaging Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Bottles & Jars
• Rigid Bulk Products
• Trays
• Tubs, Cups, And Pots

Rigid Plastic Packaging Market by Production Process [Shipment Analysis by Value from 2018 to 2030]:

• Extrusion
• Injection Molding
• Blow Molding
• Thermoforming

Rigid Plastic Packaging Market by Raw Material [Shipment Analysis by Value from 2018 to 2030]:

• Bioplastics
• Polyethylene
• Polyethylene Terephthalate
• Polystyrene
• Polypropylene
• Polyvinyl Chloride
• Expanded Polystyrene
• Others

Rigid Plastic Packaging Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Food
• Beverages
• Healthcare
• Cosmetics & Toiletries
• Industrial
• Others

Rigid Plastic Packaging Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Rigid Plastic Packaging Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies rigid plastic packaging companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the rigid plastic packaging companies profiled in this report include-

• Berry Global
• Amcor
• Takween Advanced Industries
• Silgan Holdings
• Pactiv
• Sonoco Products
• DS Smith
• SABIC
• Al Jabri Plastic Factory
• Alpla

Rigid Plastic Packaging Market Insights

Lucintel forecasts that bottles & jar will remain the largest segment over the forecast period due to the expanding urbanization, increased population, and rising need for home care and beverages.

APAC will remain the largest region over the forecast period due to the rapid urbanization, rising disposable incomes, and evolving lifestyles are driving up demand for packaged goods in a variety of markets, including food, drink, and personal hygiene in the region.

Features of the Global Rigid Plastic Packaging Market

Market Size Estimates: Rigid plastic packaging market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Rigid plastic packaging market size by type, production process, raw material, end use, and region in terms of value ($B).

Regional Analysis: Rigid plastic packaging market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different type, production process, raw material, end use, and regions for the rigid plastic packaging market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the rigid plastic packaging market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the rigid plastic packaging market size?

Answer: The global rigid plastic packaging market is expected to reach an estimated $266.8 billion by 2030.

Q2. What is the growth forecast for rigid plastic packaging market?

Answer: The global rigid plastic packaging market is expected to grow with a CAGR of 4.6% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the rigid plastic packaging market?

Answer: The major drivers for this market are robust demand from the beverage and food packaging sectors, growing customer preferences for product safety and longer shelf life, rising need for environmentally friendly packaging options, and several developments in manufacturing technology.

Q4. What are the major segments for rigid plastic packaging market?

Answer: The future of the global rigid plastic packaging market looks promising with opportunities in the food, beverage, healthcare, cosmetic & toiletries, and industrial markets.

Q5. Who are the key rigid plastic packaging market companies?

Answer: Some of the key rigid plastic packaging companies are as follows.

• Berry Global
• Amcor
• Takween Advanced Industries
• Silgan Holdings
• Pactiv
• Sonoco Products
• DS Smith
• SABIC
• Al Jabri Plastic Factory
• Alpla

Q6. Which rigid plastic packaging market segment will be the largest in future?

Answer: Lucintel forecasts that bottles & jar will remain the largest segment over the forecast period due to the expanding urbanization, increased population, and rising need for home care and beverages.

Q7. In rigid plastic packaging market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region over the forecast period due to the rapid urbanization, rising disposable incomes, and evolving lifestyles are driving up demand for packaged goods in a variety of markets, including food, drink, and personal hygiene in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the rigid plastic packaging market by type (bottles & jars, rigid bulk products, trays, and tubs, cups, and pots), production process (extrusion, injection molding, blow molding, and thermoforming), raw material (bioplastics, polyethylene, polyethylene terephthalate, polystyrene, polypropylene, polyvinyl chloride, expanded polystyrene, and others), end use (food, beverages, healthcare, cosmetics & toiletries, industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?