Latest
industry research report on: Global Rigid Plastic Packaging Market :
Industry Size, Share, Research, Reviews, Analysis, Strategies,
Demand, Growth, Segmentation, Parameters, Forecasts
Rigid plastic packaging, as the
name suggests, solely involves the usage of plastic material; it has
a relatively inflexible shape or form. The global rigid plastic
packaging market has exhibited considerable growth during the past
few years, driven by the various beneficial properties of rigid
plastic packaging, such as it is light weight, supple, and durable.
Besides, rigid plastic packaging keeps the goods safe for a long
period of time. Moreover, the changing lifestyle and increased
consumer spending on packaged goods are factors attributed to the
expected growth of the global rigid plastic packaging market over the
forecast period. Due to the rising environment concerns, there has
been a rise in demand for recyclable products, thus paving the way
for the foray of various recycling infrastructures for plastics,
which in turn is propelling growth of the market for rigid plastic
packaging. Rigid plastic packaging is used in various industries such
as food & beverages, pharmaceuticals, and personal care, among
others. The growth witnessed in these industries, in turn, is further
propelling growth of the market for rigid plastic packaging. Overall,
the global rigid plastic packaging market is expected to expand at a
single digit CAGR over the forecast period.
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Rigid
Plastic Packaging Market: Drivers & Restraints
The
rigid plastic packaging market is driven by the increasing demand
from the food and beverages industry, which is one of the prominent
end users of rigid plastic packaging. The eating habits of consumers
globally are changing as the consumers are increasingly opting for
packaged foods, which in turn is further driving growth of the market
for rigid plastic packaging. However, the non-biodegradable
properties of rigid plastic packaging have been observed to have a
serious impact on the environment, which can pose as a restraint for
growth of the rigid plastic packaging market over the forecast
period. Hence, some manufacturers are using natural raw materials
over synthetic materials for manufacturing of rigid plastic packaging
types. This trend is expected to help counter the environmental
issues related to rigid plastic packaging. Expansion of plastic
recycling units is another alternative for countering the
environmental restraint. On the other hand, the competition from
flexible plastic packaging may have a negative impact on growth of
the rigid plastic packaging market over the forecast period.
Rigid
Plastic Packaging Market: Market Segmentation
On
the basis of raw materials, the global rigid plastic packaging market
is segmented into:
Natural
Bio
plastics
Synthetic
Polyethylene
Terephthalate (PET)
Polyethylene
(PE)
Polystyrene
(PS)
Polypropylene
(PP)
Expanded
Polystyrene (EPS)
Polyvinyl
Chloride (PVC)
On
the basis of manufacturing process, the global rigid plastic
packaging market is segmented into:
Extrusion
Co-Extrusion
Thermoforming
Injection
Molding
Injection
Blow Molding
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On the basis of end-use
industry, the global rigid plastic packaging market is segmented
into:
Food & Beverage
Healthcare
Personal Care
Industrial Packaging
Others (consumer food
service and household care)
Rigid Plastic Packaging
Market: Region-wise Outlook
The global rigid plastic
packaging market is anticipated to register a favorable growth during
the forecast period, 2016?2026. On the basis of geography, the global
rigid plastic packaging market is segmented into seven key regions,
namely North America, Latin America, Western Europe, Eastern Europe,
Asia Pacific, Japan, and the Middle East & Africa. Among the
aforementioned regional markets, the Asia Pacific market is projected
to register the fastest growth over the forecast period, due to the
dominance of the food and beverage industries in the region,
especially in China, which accounts for the largest share of the
rigid plastic packaging market in the Asia Pacific region. In terms
of market share, the North America market is trailing behind the Asia
Pacific market, and is followed by the Western Europe market. The
remaining regional markets are expected to grow at a steady rate over
the forecast period.
Rigid Plastic Packaging
Market: Key Players
Some of the key market
participants in the global rigid plastic packaging market are 3M, ES
Plastic, ALPLA, Alto, Amcor, Bemis, Anchor Packaging, APPE, Berry
Plastics, Binggrae, Faerch Plast, Dow Chemical, DS Smith, Etimex
Primary Packaging, and Graham Packaging Company.
The research report presents a
comprehensive assessment of the market and contains thoughtful
insights, facts, historical data, and statistically supported and
industry-validated market data. It also contains projections done
using a suitable set of assumptions and methodologies. The research
report provides analysis and information on the basis of categories
such as market segments, geographies, types, technologies, and
applications.
The report covers exhaustive
analysis on:
Market Segments
Market Dynamics
Market Size
Supply & Demand
Current
Trends/Issues/Challenges
Competition & Companies
Involved
Technology
Value Chain
On the basis of region, the
market is segmented into:
North America (U.S.,
Canada)
Latin America (Mexico.
Brazil)
Western Europe (Germany,
Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands,
Luxembourg)
Asia Pacific (China, India,
Japan, ASEAN, Australia & New Zealand)
Middle East and Africa
(GCC, S. Africa, N. Africa)
The report is a compilation of
first-hand information, qualitative and quantitative assessment by
industry analysts, and inputs from industry experts and industry
participants across the value chain. The report provides an in-depth
analysis of parent market trends, macro-economic indicators, and
governing factors, along with market attractiveness as per segments.
The report also maps the qualitative impact of various factors on the
market segments and geographies.
Report highlights:
Detailed overview of parent
market
Changing market dynamics in
the industry
In-depth market
segmentation
Historical, current, and
projected market size in terms of volume and value
Recent industry trends and
developments
Competitive landscape
Strategies of key players
and products offered
Potential and niche
segments and regional markets exhibiting promising growth
A neutral perspective on
market performance
Must-have information for
market players to sustain and enhance their market footprint
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