Rigid Plastic Packaging Market Growth, Size, Trends, Revenue, Challenges and Future Competition: SPER Market Research

Q: What is the anticipated CAGR of the Rigid Plastic Packaging System Market?

Rigid PlastiHow can I get a sample report on the Rigid Plastic Packaging System Market?c Packaging System Market CAGR of 2.57% during the forecast period.

Q: How can I get a sample report on the Rigid Plastic Packaging System Market?

You can get the sample pages by clicking the link - Click Here

Published: Jul 2023	Report ID: PACK2320	Pages: 1 - 242	Formats^*:
Category : Packaging

Rigid Plastic Packaging Market Introduction and Overview

According to SPER Market Research, the Global Rigid Plastic Packaging Market is estimated to reach USD 315.69 billion by 2033 with a CAGR of 2.57%

The report includes an in-depth analysis of the Global Rigid Plastic Packaging Market, including market size and trends, product mix, distribution channels, and supplier analysis. Rigid plastic packaging refers to the use of durable plastic materials for packaging purposes. It encompasses containers, bottles, trays, and closures made from materials like polyethylene (PE), polypropylene (PP), polyethylene terephthalate (PET), and polystyrene (PS). Rigid plastic packaging is known for its strength, versatility, and ability to protect products from damage, contamination, and tampering. It is widely utilized in various industries including food and beverages, healthcare, personal care, and household products. Rigid plastic packaging offers benefits such as extended shelf life, easy transport, and cost-effectiveness. It also provides opportunities for branding, product differentiation, and sustainability through the use of recyclable and reusable materials.

March 2022: Berry Global Group and skincare company, Koa Corporation collaborated to launch body moisturizer bottles and cleaners made from 100% recycled plastic. The partnership focuses on environmental impact through sustainable practices and PET bottle production at Berry's Virginia plant.

Market Opportunities and Challenges

The market for rigid plastic packaging around the world offers both exciting potential and some considerable difficulties. The rising need for eco-friendly packaging options is one of the main opportunities. The ability to recycle and repurpose rigid plastic packaging, such PET bottles and HDPE containers, reflects the rising environmental consciousness of both consumers and businesses. This trend gives producers the opportunity to create eco-friendly packaging substitutes and profit from the rising consumer demand for green products.

The market for rigid plastic packaging, however, confronts a number of difficulties. The growing understanding of plastic pollution and its negative effects on the environment is one of the main worries. Globally, governments and regulatory agencies are putting more stringent restrictions on single-use plastics, which may impede industry expansion and promote the use of alternative materials. Additionally, production costs and profitability may be impacted by changes in the price of the raw materials needed to make rigid plastic packaging. To lessen the effects of price volatility, manufacturers must research novel materials and discover ways to optimise production processes.

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Market Competitive Landscape

The rigid plastic packaging market is characterized by fragmentation, leading to intense competition among numerous players. These companies prioritize offering lightweight, high-performance corrugated grades to enhance packaging performance while reducing costs. Prominent participants in the market include Amcor Limited, Berry Plastics Corporation, KlÃ¶ckner Pentaplast, Pactiv Evergreen Inc, Plastipak Holdings, Inc., Sealed Air Corporation, Silgan Holdings, Inc., Sonoco Products Company, Others.

Scope of the Report:

Report Metric	Details
Market size available for years	2019-2033
Base year considered	2022
Forecast period	2023-2033
Segments covered	By Material, By Product, By Manufacturing Process, By End User
Regions covered	Latin America, North America, Asia-Pacific, Middle East & Africa and Europe.
Companies Covered	Amcor Limited, Berry Plastics Corporation, KlÃ¶ckner Pentaplast, Pactiv Evergreen Inc, Plastipak Holdings, Inc., Sealed Air Corporation, Silgan Holdings, Inc., Sonoco Products Company, Others

COVID-19 Impact on Global Rigid Plastic Packaging Market

The COVID-19 pandemic had positive and negative impact on the rigid plastic packaging market. On the positive side, there was an increased demand for essential products like food, beverages, and healthcare items, which drove the need for rigid plastic packaging. However, the pandemic also caused disruptions in global supply chains, leading to delays and shortages in the market. Additionally, the heightened use of single-use plastics during the pandemic raised environmental concerns regarding plastic waste. Despite the increased demand, the industry faced challenges due to supply chain disruptions and sustainability considerations.

Key Target Audience

Manufacturers and suppliers in industries such as food and beverages, healthcare, personal care, household products, automotive, electronics, and retail
Packaging designers, engineers, and consultants
Brand owners, marketers, and product managers
Distributors, wholesalers, and retailers
Regulatory agencies and industry associations
Consumers
Others

Our in-depth analysis of the Rigid Plastic Packaging Market includes the following segments:

By Material:	Expanded polystyrene (EPS) Polyethylene (PE) Polyethylene terephthalate (PET) Polypropylene (PP) Polystyrene (PS) Polyvinyl chloride (PVC) Others
By Product:	Bottles and Jars Caps and Closures Trays and Containers
By Manufacturing Process:	Blow Molding Extrusion Injection Molding Thermoforming
By End User:	Automotive Cosmetics & Personal Care Food & Beverage Healthcare Industrial, Building & Construction Others

Key Topics Covered in the Report

Global Rigid Plastic Packaging Market Size (FYâ€™2023-FYâ€™2033)
Overview of Global Rigid Plastic Packaging Market
Segmentation of Global Rigid Plastic Packaging Market By Material (Expanded polystyrene, Polyethylene, Polyethylene terephthalate, Polypropylene, Polystyrene, Polyvinyl chloride, Others.)
Segmentation of Global Rigid Plastic Packaging Market By product (Bottles and Jars, Trays and Containers, Caps and Closures, Others)
Segmentation of Global Rigid Plastic Packaging Market By Manufacturing Process (Extrusion, Injection Molding, Blow Molding, Thermoforming)
Segmentation of Global Rigid Plastic Packaging Market By End User (Automotive, Cosmetics & Personal Care, Food & Beverage, Healthcare, Industrial, Building & Construction, Others)
Statistical Snap of Global Rigid Plastic Packaging Market
Expansion Analysis of Global Rigid Plastic Packaging Market
Problems and Obstacles in Global Rigid Plastic Packaging Market
Competitive Landscape in the Global Rigid Plastic Packaging Market
Impact of COVID-19 and Demonetization on Global Rigid Plastic Packaging Market
Details on Current Investment in Global Rigid Plastic Packaging Market
Competitive Analysis of Global Rigid Plastic Packaging Market
Prominent Players in the Global Rigid Plastic Packaging Market
SWOT Analysis of Global Rigid Plastic Packaging Market
Global Rigid Plastic Packaging Market Future Outlook and Projections (FYâ€™2023-FYâ€™2033)
Recommendations from Analyst

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1. Research data source

2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPERâ€™s internal database
2.1.4. Premium insight from KOLâ€™s

2.2. Market size estimation

2.2.1. Top-down and Bottom-up approach

2.3. Data triangulation

3. Executive Summary

4. Market Dynamics

4.1. Driver, Restraint, Opportunity and Challenges analysis

4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges

4.2. COVID-19 Impacts of the Global Rigid Plastic Packaging Market

5. Market variable and outlook

5.1. SWOT Analysis

5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats

5.2. PESTEL Analysis

5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape

5.3. PORTERâ€™s Five Forces

5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry

5.4. Heat Map Analysis

6. Competitive Landscape

6.1. Global Rigid Plastic Packaging Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Rigid Plastic Packaging Market

7. Global Rigid Plastic Packaging Market, By Material (USD Million)

7.1. Global Rigid Plastic Packaging Market Value Share and Forecast, By Material, 2023-2033
7.2. Expanded polystyrene (EPS)
7.3. Polyethylene (PE)
7.4. Polyethylene terephthalate (PET)
7.5. Polypropylene (PP)
7.6. Polystyrene (PS)
7.7. Polyvinyl chloride (PVC)
7.8. Others

8. Global Rigid Plastic Packaging Market, By Product (USD Million)

8.1. Global Rigid Plastic Packaging Market Value Share and Forecast, By Product, 2023-2033
8.2. Bottles and Jars
8.3. Caps and Closures
8.4. Trays and Containers

9. Global Rigid Plastic Packaging Market, By Manufacturing Process (USD Million)

9.1. Global Rigid Plastic Packaging Market Value Share and Forecast, By Manufacturing Process, 2023-2033
9.2. Blow Molding
9.3. Extrusion
9.4. Injection Molding
9.5. Thermoforming

10. Global Rigid Plastic Packaging Market, By End User (USD Million)

10.1. Global Rigid Plastic Packaging Market Value Share and Forecast, By End User, 2023-2033
10.2. Automotive
10.3. Cosmetics & Personal Care
10.4. Food & Beverage
10.5. Healthcare
10.6. Industrial, Building & Construction
10.7. Others

11. Global Rigid Plastic Packaging Market Forecast, 2019-2033 (USD Million)

11.1. Global Rigid Plastic Packaging Market Size and Market Share

12. Global Rigid Plastic Packaging Market, By Material, 2019-2033 (USD Million)

12.1. Global Rigid Plastic Packaging Market Size and Market Share By Material (2019-2026)
12.2. Global Rigid Plastic Packaging Market Size and Market Share By Material (2027-2033)

13. Global Rigid Plastic Packaging Market, By Product, 2019-2033 (USD Million)

13.1. Global Rigid Plastic Packaging Market Size and Market Share By Product (2019-2026)
13.2. Global Rigid Plastic Packaging Market Size and Market Share By Product (2027-2033)

14. Global Rigid Plastic Packaging Market, By Manufacturing Process, 2019-2033 (USD Million)

14.1. Global Rigid Plastic Packaging Market Size and Market Share By Manufacturing Process (2019-2026)
14.2. Global Rigid Plastic Packaging Market Size and Market Share By Manufacturing Process(2027-2033)

15. Global Rigid Plastic Packaging Market, By End User, 2019-2033 (USD Million)

15.1. Global Rigid Plastic Packaging Market Size and Market Share By End User (2019-2026)
15.2. Global Rigid Plastic Packaging Market Size and Market Share By End User (2027-2033)

16. Global Rigid Plastic Packaging Market, By Region, 2019-2033 (USD Million)

16.1. Global Rigid Plastic Packaging Market Size and Market Share By Region (2019-2026)
16.2. Global Rigid Plastic Packaging Market Size and Market Share By Region (2027-2033)
16.3. Asia-Pacific

16.3.1. Australia
16.3.2. China
16.3.3. India
16.3.4. Japan
16.3.5. South Korea
16.3.6. Rest of Asia-Pacific

16.4. Europe

16.4.1. France
16.4.2. Germany
16.4.3. Italy
16.4.4. Spain
16.4.5. United Kingdom
16.4.6. Rest of Europe

16.5. Middle East and Africa

16.5.1. Kingdom of Saudi Arabia
16.5.2. United Arab Emirates
16.5.3. Rest of Middle East & Africa

16.6. North America

16.6.1. Canada
16.6.2. Mexico
16.6.3. United States

16.7. Latin America

16.7.1. Argentina
16.7.2. Brazil
16.7.3. Rest of Latin America

17. Company Profile

17.1. ALPLA Group

17.1.1. Company details
17.1.2. Financial outlook
17.1.3. Product summary
17.1.4. Recent developments

17.2. Amcor Limited

17.2.1. Company details
17.2.2. Financial outlook
17.2.3. Product summary
17.2.4. Recent developments

17.3. Berry Plastics Corporation

17.3.1. Company details
17.3.2. Financial outlook
17.3.3. Product summary
17.3.4. Recent developments

17.4. Coveris Holdings S.A.

17.4.1. Company details
17.4.2. Financial outlook
17.4.3. Product summary
17.4.4. Recent developments

17.5. DS Smith Plc

17.5.1. Company details
17.5.2. Financial outlook
17.5.3. Product summary
17.5.4. Recent developments

17.6. KlÃ¶ckner Pentaplast

17.6.1. Company details
17.6.2. Financial outlook
17.6.3. Product summary
17.6.4. Recent developments

17.7. Pactiv Evergreen Inc

17.7.1. Company details
17.7.2. Financial outlook
17.7.3. Product summary
17.7.4. Recent developments

17.8. Plastipak Holdings, Inc.

17.8.1. Company details
17.8.2. Financial outlook
17.8.3. Product summary
17.8.4. Recent developments

17.9. Sealed Air Corporation

17.9.1. Company details
17.9.2. Financial outlook
17.9.3. Product summary
17.9.4. Recent developments

17.10. Silgan Holdings, Inc.

17.10.1. Company details
17.10.2. Financial outlook
17.10.3. Product summary
17.10.4. Recent developments

17.11. Sonoco Products Company.

17.11.1. Company details
17.11.2. Financial outlook
17.11.3. Product summary
17.11.4. Recent developments

17.12. Others

18. List of Abbreviations

19. Reference Links

20. Conclusion

21. Research Scope

SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

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Frequently Asked Questions About This Report

How big is the Rigid Plastic Packaging System Market?

Rigid Plastic Packaging System Market is projected to reach USD 315.69 billion by 2033, growing at a CAGR of 2.57% during the forecast period.

What is the growth rate of the Rigid Plastic Packaging System Market?

Rigid Plastic Packaging System Market grew in market size from 2022. The Market is expected to reach USD 315.69 billion by 2033, at a CAGR of 2.57% during the forecast period.

What is the anticipated CAGR of the Rigid Plastic Packaging System Market?

Rigid Plastic Packaging System Market CAGR of 2.57% during the forecast period.

How can I get a sample report on the Rigid Plastic Packaging System Market?

You can get the sample pages by clicking the link - Click Here

What is the market size of the Rigid Plastic Packaging System Market?

Rigid Plastic Packaging System Market size is USD 315.69 billion from 2023 to 2033.

Which segment is expected to Rigid Plastic Packaging System Market?

Rigid Plastic Packaging System Market Segment is covered By Material, By Product, By Manufacturing Process, By End User.

Which region is expected to have the highest market share in the Rigid Plastic Packaging System Market?

The North America is anticipated to have the highest market share in the Rigid Plastic Packaging System Market.

Who are the key players in Rigid Plastic Packaging System Market?

"The key players in the market include Companies Covered Amcor Limited, Berry Plastics Corporation, Klöckner Pentaplast, Pactiv Evergreen Inc, Plastipak Holdings, Inc., Sealed Air Corporation, Silgan Holdings, Inc., Sonoco Products Company, Others. "

What is the conclusion of the Rigid Plastic Packaging System Market?

It encompasses containers, bottles, trays, and closures made from materials like polyethylene (PE), polypropylene (PP), polyethylene terephthalate (PET), and polystyrene (PS). Rigid plastic packaging is known for its strength, versatility, and ability to protect products from damage, contamination, and tampering.