Global Rigid Packaging Market Analysis and Demand with Forecast To 2023
Global Rigid Packaging Market by Materials (Metals, Plastics, Glass, Paperboard), Product (Bottle & Jars, Trays, Boxes, Containers, and Cans), Application (Food & Beverage, Healthcare, Personal Care, Consumer Goods), and Region - Forecast 2023
(firmenpresse) - Global Rigid Packaging Market Overview
Global Rigid Packaging is a major part of overall packaging market. It is widely used for protecting many types of products from physical shocks and from other types of damage. Global Rigid Packaging is extensively used for packing volatile and highly reactive products along with other types of products due to high durability. The demand for Global Rigid Packaging is increasing continuously and is expected to grow at the same pace over the forecast period owing to increasing demand from the consumer goods sector.
The Global Rigid Packaging market is estimated to grow at a CAGR of 6.0% during the estimated period, 2017-2023.
Key Players
The prominent players in the Global Rigid Packaging market include Amcor Limited (Australia), Bemis Company, Inc. (U.S.), RPC Group Plc (U.K.), DS Smith Plc., (U.K), Sealed Air Corporation (U.S.), Berry Plastics Corporation (U.S.), Coveris Holdings S.A. (Luxembourg), Reynolds Group Holdings (New Zealand), Plastipak Holdings, Inc. (U.S.), Tetra Pak International (Switzerland), Ball Corporation (U.S.), Holmen AB (Sweden), Silgan Holdings, Inc. (U.S.), Linpac Packaging Limited (U.K.), and Consolidated Container Company (U.S.).
Segmentation
Global Rigid Packaging Market has been segmented based on material, product, application, and region. On the basis of the material, the market is segmented into metals, plastics, glass, and paperboard. The plastic dominates the material segment of the market and is expected to be the fastest growing segment over the forecast period. Various types of plastics such as Polyethylene terephthalate (PET), Polyethylene (PE), Polypropylene (PP) are used in the production of Global Rigid Packaging products. Increasing adoption of rigid plastics for packaging mainly due to the factors such as lightweight, maintaining freshness of the product, strength/toughness, reduced breakage, and low cost.
On the basis of the product, the market is segmented into bottle & jars, trays, boxes, containers, and cans, and others. The bottles & jars dominate the product segment of the global market. Bottles are used to package several products, such as juices, water, carbonated soft drinks, food products, and others. Factors such as expanding global population, and increased demand for beverages and household care products pouring the demand for bottles and jars. Boxes and containers are the other major segment of the market. Increase in trade-related agreements among the countries encouraging the demand for the boxes and containers.
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Datum: 15.04.2020 - 10:35 Uhr
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