Rigid Packaging Market Overview
The Rigid Packaging Market research is based on forecasts from Rigid Packaging key competitors and market statistics. It includes sales growth figures at the global, regional, and national levels, as well as a competitive landscape for the forecast period and individual company valuations. The report also provides a current and estimated Rigid Packaging market size and share, along with the factors influencing the growth of the market. This makes it a valuable resource for investors who are considering investing in the market.
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Rigid Packaging Market Development and Estimation
size is valued at USD 212.4 Billion in 2022 and is forecast to grow at a CAGR of 5.7% from 2023 to 2029, reaching nearly USD 313.5 Billion.
Rigid Packaging Market Segmentation
The rigid packaging market is divided into four material types: paperboard, glass, metal, plastic, and bioplastics. Plastic accounts for more than 55% of the materials used in rigid packaging. Because of its affordability, durability, and light weight, it is a well-liked option for a variety of uses. Metals are robust, long-lasting, and can offer superior contaminant protection. Glass, paperboard, and bioplastics come next in the material segmentation.
The Food & Beverages, Pharmaceuticals, Personal Care, Electronics, Industrial, and Others product categories make up the segments of the Rigid Packaging Market. With a share of more than 40%, food and drinks make up the largest product category for rigid packaging. Numerous food and beverage products, including snacks, juices, beverages, and canned foods, are packaged using it. Pharmaceuticals are used in injectables, tablets, and capsule packing. The remaining segments come next in the same sequence.
The Rigid Packaging Market is divided into four end-use industries: consumer goods, industrial, healthcare, and others. With a market share of more than 80%, consumer products is the largest end-use industry for rigid packaging. Numerous consumer goods, including food and drink, medications, and personal hygiene items, are packaged using it. Paints, lubricants, and chemicals are packaged in industrial rigid packaging. Pharmaceuticals and medical gadgets are packaged in rigid packaging for the healthcare industry, which is a tiny but expanding end-use market.
Rigid Packaging Market Key Players
1. Amcor PLC
2. Berry Global Inc.
3. Ball Corporation
4. Crown Holdings Inc.
5. Tetra Pak International S.A.
6. DS Smith Plc
7. Sealed Air Corporation
8. Reynolds Group Holdings Limited
9. AptarGroup Inc.
10. Smurfit Kappa Group
11. Bemis Company Inc.
12. Sonoco Products Company
13. Graphic Packaging Holding Company
14. Silgan Holdings Inc.
15. Ardagh Group S.A.
16. Huhtamaki Group
17. WestRock Company
18. RPC Group Plc
19. International Paper Company
20. Mondi Group
Rigid Packaging Market Report Scope and Research Methodology
MMR’s Rigid Packaging market report provides a detailed analysis of the market segments and sub-segments, which helps clients understand the market structure and make informed investment decisions. The report was created using extensive primary research to gather information and verify the key findings of the Rigid Packaging market research and calculations. This includes market statistics, market size estimates, market forecasts, market segmentation, and data triangulation. Secondary data was also collected from the company’s annual reports, articles, paid and free databases, and other sources. The bottom-up approach was used to estimate the regional and global Rigid Packaging market size. The report also includes a region-wise analysis of Rigid Packaging market size and dynamics. The SWOT analysis in the report presents the strengths, weaknesses, opportunities, and threats of key players in the Rigid Packaging industry.
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Rigid Packaging Market Regional Insights
The Regional Analysis in the report helps to understand the Rigid Packaging market in various countries. The report includes a detailed analysis of all the factors including drivers, restraints, opportunities and challenges in all the regions: North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
Key questions answered in the Rigid Packaging Market are:
What was the Rigid Packaging market size in 2022?
What is the expected Rigid Packaging market size by 2029?
What are the factors driving the Rigid Packaging Market growth?
What are the factors restraining the Rigid Packaging Market growth?
Which trends are expected to generate additional revenue for the Rigid Packaging market growth?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Rigid Packaging Market?
What growth strategies are the top players considering to increase their presence in the Rigid Packaging Market?
Who held the largest market share in the Rigid Packaging Market?
Key Offerings:
Market Share and Size
Market Forecast by Revenue | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
Market Segmentation – A detailed analysis of segments and sub-segments
Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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