Home Industry Reports Custom Research Blogs About Us Contact us

Rigid Plastic Packaging Market Size & Share, By Type (Bottles & Jars, Rigid Bulk Products, Trays, Tubs, Cups, & Pots, Others), Production Process (Extrusion, Injection Molding, Blow Molding, Thermoforming, Others), Material (Polyethylene (PE), Polyethylene Terephthalate (PET), Polystyrene (PS), Polypropylene (PP), Polyvinyl Chloride (PVC), Expanded Polystyrene (EPS), Bioplastics, Others (PC, Polyamide)), End User), Regional Forecast, Industry Players, Growth Statistics Report 2024-2032

Report ID: FBI 7397

|

Published Date: Sep-2024

|

Format : PDF, Excel

Market Outlook:

Rigid Plastic Packaging Market crossed USD 183.02 billion in 2023 and is set to reach USD 257.92 billion by end of the year 2032, growing at over 3.9% CAGR between 2024 and 2032.

Base Year Value (2023)

USD 183.02 billion

19-23 x.x %
24-32 x.x %

CAGR (2024-2032)

3.9%

19-23 x.x %
24-32 x.x %

Forecast Year Value (2032)

USD 257.92 billion

19-23 x.x %
24-32 x.x %
Rigid Plastic Packaging Market

Historical Data Period

2019-2023

Rigid Plastic Packaging Market

Largest Region

Asia Pacific

Rigid Plastic Packaging Market

Forecast Period

2024-2032

Get more details on this report -

Market Dynamics:

Growth Drivers & Opportunity:

One of the major growth drivers for the rigid plastic packaging market is the increasing demand for sustainable packaging solutions. As consumers become more environmentally conscious, brands are seeking packaging options that are recyclable and have a lower carbon footprint. Rigid plastics, especially those made from recycled material, are gaining popularity due to their durability and lightweight nature, making them an attractive option for companies aiming to reduce their environmental impact while also appealing to eco-friendly consumers.

Another significant growth driver is the expansion of the food and beverage industry. The rising global population and changing lifestyles are leading to greater demand for packaged food products. Rigid plastic packaging provides an excellent solution for preserving food freshness, extending shelf life, and ensuring product safety. Innovations in rigid plastic materials and designs also support the versatility needed for various food items, thereby driving further growth in this segment of the market.

Moreover, advancements in technology are promoting the use of rigid plastic packaging across various sectors. Innovations such as improved molding processes, barrier coatings, and anti-microbial treatments have enhanced the properties of rigid plastics, making them suitable for applications beyond traditional uses. These advancements not only improve packaging performance but also facilitate compliance with stringent regulations, further driving the growth of the rigid plastic packaging market.

Report Scope

Report CoverageDetails
Segments CoveredRigid Plastic Packaging Type, Production Process, Material, Polyethylene Terephthalate, Polystyrene, Polypropylene, Polyvinyl Chloride, Expanded Polystyrene, Bioplastics, Others), End User)
Regions Covered• North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA)
Company ProfiledALPLA-Werke Alwin Lehner & Co KG, Amcor Limited, DS Smith Plc, Berry Plastics, Klöckner Pentaplast, Plastipak Holdings,, Pactiv Evergreen Inc, Sealed Air, Silgan Holdings,, Sonoco Products Company.

Unlock insights tailored to your business with our bespoke market research solutions - Click to get your customized report now!

Industry Restraints:

Despite the positive growth outlook, the rigid plastic packaging market faces significant restraints, one of which is the increasing regulatory restrictions related to plastic usage. Governments worldwide are implementing bans and regulations on single-use plastics to combat environmental pollution. These measures pose challenges for manufacturers who rely on rigid plastic as a key packaging material, ultimately leading to increased costs associated with compliance and adaptation to alternative materials.

Another major restraint impacting the market is the fluctuating prices of raw materials used in rigid plastic production. The industry is sensitive to changes in the prices of petroleum-based products, which are the primary source of most rigid plastics. Price volatility can affect production costs and profit margins, making it difficult for manufacturers to maintain competitive pricing. This instability can lead to uncertainty in the market, ultimately hindering investment and growth opportunities within the rigid plastic packaging sector.

Regional Forecast:

Rigid Plastic Packaging Market

Largest Region

Asia Pacific

40% Market Share in 2023

Get more details on this report -

North America

The Rigid Plastic Packaging Market in North America is predominantly driven by the U.S. and Canada, where increasing consumer preference for lightweight and durable packaging solutions has led to significant growth. The demand for plastics in various sectors, including food and beverage, personal care, and pharmaceuticals, has been robust. The U.S. holds the largest share due to its well-established packaging industry and technological advancements. Sustainable packaging solutions are gaining traction, influenced by regulatory pushes for reducing plastic waste. Major players are increasingly investing in innovations to enhance recyclability and functionality, aiming to meet both consumer expectations and environmental standards.

Asia Pacific

In the Asia Pacific region, the Rigid Plastic Packaging Market is expanding rapidly, primarily fueled by economic growth and rising disposable incomes in countries such as China, Japan, and South Korea. China is a major contributor, with its manufacturing capabilities and increasing urbanization driving demand across sectors. The food and beverage industry is a key growth area, with consumers favoring convenience and hygiene, leading to higher adoption of rigid plastic packaging. Japan and South Korea are also witnessing significant growth, supported by a focus on advanced packaging technologies and sustainability initiatives. The trend of e-commerce is boosting the need for robust packaging solutions to protect products during transit.

Europe

The Rigid Plastic Packaging Market in Europe is characterized by a strong emphasis on sustainability and innovation. The United Kingdom, Germany, and France are at the forefront, with stringent regulations promoting the use of recyclable materials and reduction of plastic waste. The market is witnessing a shift towards bio-based and recycled plastics, driven by consumer awareness and government policies aimed at environmental preservation. In Germany and France, advancements in packaging design and technology are significant factors enhancing market growth. The food and beverage sector remains a dominant force, alongside a growing demand in the personal care and healthcare industries, which prioritize safe and efficient packaging solutions.

Report Coverage & Deliverables

Historical Statistics Growth Forecasts Latest Trends & Innovations Market Segmentation Regional Opportunities Competitive Landscape
Rigid Plastic Packaging Market
Rigid Plastic Packaging Market

Segmentation Analysis:

""

In terms of segmentation, the global Rigid Plastic Packaging market is analyzed on the basis of Rigid Plastic Packaging Type, Production Process, Material, Polyethylene Terephthalate, Polystyrene, Polypropylene, Polyvinyl Chloride, Expanded Polystyrene, Bioplastics, Others), End User).

Rigid Plastic Packaging Market Segment Analysis

By Type

The rigid plastic packaging market is segmented into several categories, including bottles and jars, rigid bulk products, trays, tubs, cups, and pots, among others. Bottles and jars are the leading segment, driven by their extensive use in beverage and personal care applications. This is followed by rigid bulk products, which are gaining traction in industrial applications for the storage and transport of products. Trays, tubs, cups, and pots represent significant portions of the market as well, especially in the food industry for packaging ready-to-eat meals and snacks. The growth of these segments is fueled by increasing consumer demand for convenience and sustainability-focused packaging solutions.

Production Process

The production processes of rigid plastic packaging include extrusion, injection molding, blow molding, thermoforming, and others. Extrusion is predominantly utilized for manufacturing products like rigid bulk containers and various types of trays. Injection molding is expected to witness robust growth due to its efficiency and versatility, catering to a wide range of packaging types including jars and specialized containers. Blow molding is essential for producing bottles, which continue to dominate the market. Thermoforming is also significant, especially for packaging applications requiring customized shapes and sizes. The choice of production process primarily depends on the type of product and end-use industry.

Material

Material selection is a critical factor in the rigid plastic packaging market, with predominant materials including polyethylene (PE), polyethylene terephthalate (PET), polystyrene (PS), polypropylene (PP), polyvinyl chloride (PVC), expanded polystyrene (EPS), bioplastics, and others such as polycarbonate (PC) and polyamide. PET is widely favored for its excellent barrier properties and recyclability, making it a popular choice for beverage containers. Polypropylene is also gaining traction due to its excellent resistance to chemicals and heat, which is crucial for certain applications. The growing trend towards environmentally friendly materials has propelled interest in bioplastics, leading to an innovative shift in material usage within the sector.

End User

The end-user segment of the rigid plastic packaging market encompasses various industries such as food and beverages, pharmaceuticals, personal care, industrial goods, and others. The food and beverage sector remains the largest consumer, driven by the need for durable and safe packaging solutions to extend shelf life and enhance product appeal. The pharmaceutical industry is also increasingly utilizing rigid plastic packaging for its benefits in hygiene and safety. Personal care products are packaged in a variety of rigid formats, while industrial sector applications continue to expand as companies seek reliable packaging for bulk goods. Overall, the diverse applications across these end-users reflect the versatility and growing demand for rigid plastic packaging solutions.

Get more details on this report -

Competitive Landscape:

The competitive landscape of the Rigid Plastic Packaging Market is characterized by a diverse range of players, including large multinational corporations and regional manufacturers. These companies are engaged in continuous innovation to develop sustainable packaging solutions while also focusing on cost-efficiency and production scalability. Key trends driving competition include the rising demand for eco-friendly materials, advancements in manufacturing technologies, and the increasing popularity of lightweight packaging. Companies are expanding their product portfolios and forming strategic partnerships to enhance their market presence and cater to the growing needs of various industries such as food and beverages, pharmaceuticals, and personal care.

Top Market Players

1. Amcor plc

2. Berry Global Inc.

3. Sealed Air Corporation

4. Crown Holdings Inc.

5. Plastipak Holdings, Inc.

6. RPC Group Plc

7. Greiner Packaging GmbH

8. Sonoco Products Company

9. Pactiv Evergreen Inc.

10. Clondalkin Group Holdings B.V.

Our Clients

Why Choose Us

Specialized Expertise: Our team comprises industry experts with a deep understanding of your market segment. We bring specialized knowledge and experience that ensures our research and consulting services are tailored to your unique needs.

Customized Solutions: We understand that every client is different. That's why we offer customized research and consulting solutions designed specifically to address your challenges and capitalize on opportunities within your industry.

Proven Results: With a track record of successful projects and satisfied clients, we have demonstrated our ability to deliver tangible results. Our case studies and testimonials speak to our effectiveness in helping clients achieve their goals.

Cutting-Edge Methodologies: We leverage the latest methodologies and technologies to gather insights and drive informed decision-making. Our innovative approach ensures that you stay ahead of the curve and gain a competitive edge in your market.

Client-Centric Approach: Your satisfaction is our top priority. We prioritize open communication, responsiveness, and transparency to ensure that we not only meet but exceed your expectations at every stage of the engagement.

Continuous Innovation: We are committed to continuous improvement and staying at the forefront of our industry. Through ongoing learning, professional development, and investment in new technologies, we ensure that our services are always evolving to meet your evolving needs.

Value for Money: Our competitive pricing and flexible engagement models ensure that you get maximum value for your investment. We are committed to delivering high-quality results that help you achieve a strong return on your investment.

Select Licence Type

Single User

US$ 4250

Multi User

US$ 5050

Corporate User

US$ 6150

Rigid Plastic Packaging Market Size & Share, By Ty...

RD Code : 24