Rigid Packaging Market BY Material Type (Metal, Plastics, Paper & paperboard, Glass and Others), By End-user (Food and beverages, Pharmaceuticals, Durable goods, Cosmetics, Industrial packaging and Others), Industry Trends, Estimation & Forecast, 2016 - 2024

September 2017

 Pages: 130

 ERC 1775

Rigid Packaging Market was valued at $498 billion in 2016 and is expected to reach $786.1 billion by 2024, having a CAGR of 5.9% during the forecast period of 2017 to 2024. The plastics segment garnered the highest revenue share in the global rigid packaging market in 2016, holding nearly half of the market.

The process including enclosure and protection of finalized goods or products for distribution, storage and sale is called packaging. The packaging used for securing and protecting various types of products from any damage caused because of jerks and shocks is called as rigid packaging. Rigid packaging is explicitly used for the packaging of delicate, fragile, perishable and highly volatile products. Rigid packaging enables the manufacturers to transport their products safely, for long distances. This technique is adopted among various industries such as food and beverage, pharmaceutical, consumer electronics and many others, in the form of cans, bottles, containers and jars.

Market Determinants

The last two decades have witnessed a drastic change in the lifestyle and living standards of the people all around the globe. This has led to an increasing demand for convenience food which includes pre-processed and pre- packaged food articles, packaged meals, energy drinks and various others. In addition to this, pharmaceutical industry is one of the fastest growing industries globally. The requirement of packaging tonics, vaccines and tablets in durable and isolated packages is stimulating the rigid packaging market. Moreover hiking food & beverage sector growth in countries such as India, is also supposed to bring growth opportunities for the very market. As per CII, India is expected to become the fifth largest consumer market in the world by 2025. A steep rise in the demand for personal care products as a result of changing lifestyle, urbanization and increased personal health awareness has boosted the growth of rigid packaging market, especially in the region such as Asia-Pacific. However, increasing implementation of flexible packaging materials, fluctuating raw material prices and stringent government led regulations in different countries regarding usage of plastic packaging and its disposal might act as restraining factors for the market growth.

RIGID PACKAGING MARKET DETERMINANTS- IMPACT ANALYSIS, 2016 Vs. 2024 

Market Segmentation

The global rigid packaging market is categorized on the basis of material type, end user and geography. By material type, the market is bifurcated into metal, plastics, paper & paperboard, glass and others. On the basis of end user, the market is segmented as food and beverages, pharmaceuticals, durable goods, cosmetics, industrial packaging and others. Geographically, the market is segmented into North America, Europe, Asia-Pacific and Rest of World. Asia-Pacific is the largest market in terms of rigid packaging. However, Europe is expected to witness the fastest growth during the forecast period of 2016-2024.

Some major market players are Amcor Limited, Ball Corporation, Berry Plastics Corporation, DS Smith Plc., Georgia-Pacific Corporation, Holmen AB, Reynolds Group Holding, Tetra Pak International, Resilux NV and Crown Holdings, Inc.

 RIGID PACKAGING MARKET BY TYPE, 2016 – 2024 ($ MILLION)

RIGID PACKAGING MARKET SEGMENTATION

By Material Type

   • Metal
   • Plastics
   • Paper & paperboard
   • Glass
   • Others

By End-User

   • Food and beverages
   • Pharmaceuticals
   • Durable goods
   • Cosmetics
   • Industrial packaging
   • Others

By Geography

   North America
         • U.S
         • Canada
         • Mexico

   Europe
         • U.K
         • Italy
         • France
         • Rest of Europe

   Asia-Pacific
         • India
         • China
         • Japan
         • Rest of APAC

   Rest of World
         • Latin America
         • Middle East
         • Africa

RIGID PACKAGING MARKET KEY PLAYERS

   • Amcor Limited
   • Ball Corporation
   • Berry Plastics Corporation
   • DS Smith Plc.
   • Georgia-Pacific Corporation
   • Holmen AB
   • Reynolds Group Holding
   • Tetra Pak International
   • Resilux NV
   • Crown Holdings, Inc.

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    What Information does this report contain?

    • What was the market size of the Rigid Packaging Market in 2016 and the expected market size by 2024, along with the growth rate?
    • An in-depth analysis of the current impacting factors, opportunities and challenges/restraints in the market
    • Which are the largest revenue generating products, services or regions, and their comparative growth rate?
    • Which technology is in trend and how would it evolve during the forecast period (2016 - 2024)?
    • Which are the leading companies in the Rigid Packaging Market and their competitive positioning basis their market share, product portfolio, strategic attempts and business focus?


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