The rigid packaging global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Rigid Packaging Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The rigid packaging market size has grown strongly in recent years. It will grow from $223.47 billion in 2023 to $239.9 billion in 2024 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to material innovation, consumer preferences, globalization, e-commerce boom, supply chain efficiency.
The rigid packaging market size is expected to see strong growth in the next few years. It will grow to $307.14 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to circular economy initiatives, evolving consumer demands, climate change mitigation, customization and personalization, rise of sustainable practice, logistics optimization. Major trends in the forecast period include sustainability initiatives, innovative materials and technologies, e-commerce impact, cost efficiency and supply chain optimization, brand differentiation.
Order your report now for swift delivery @
https://www.thebusinessresearchcompany.com/report/rigid-packaging-global-market-report
Scope Of Rigid Packaging Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Rigid Packaging Market Overview
Market Drivers –
Growing need for environmentally friendly and sustainable packaging is expected to propel the growth of the rigid packaging market going forward. Environmentally friendly and sustainable packaging refers to packaging products and solutions that have the ability to reduce ecological impacts, preferably observed as an alternative to plastic packaging or other harmful metal packaging. Rigid packaging, such as cans, ampoules, and bottles, provides longer shelf life and excellent product protection, reducing food waste and the need for additional packaging. For instance, in 2022, according to the Ellen MacArthur Foundation, a UK-based non-profit organization aims to ensure 100% of plastic packaging is reusable, recyclable, or compostable, and to increase the share of post-consumer recycled content. Therefore, the growing need for environmentally friendly and sustainable packaging is driving the rigid packaging market.
Market Trends –
Companies in the rigid packaging market are increasingly focusing on partnership and collaboration to improve their financial strength and product portfolio. Strategic partnerships refer to a process in which companies leverage each other’s strengths and resources to achieve mutual benefits and success. For example, in February 2023, TotalEnergies, a French multinational integrated energy and petroleum company, and Ecolab, an American corporation that develops and offers services, technology and systems that specialize in treatment, purification, cleaning and hygiene of water in a wide variety of applications, have partnered to launch plastic packaging incorporating recycled material for heavy-use purposes. The new product from the RE:use range – part of the RE:clic circular polymers portfolio – combines PCR with high-performing booster resin with the aim of enabling circularity while maintaining the same performance.
The rigid packaging market covered in this report is segmented –
1) By Product Type: Boxes, Trays, Containers And Cans, Bottles And Jars, Other Product Types
2) By Raw Material: Polyethylene (PE), Polyethylene Terephthalate (PET), Polystyrene (PS), Polypropylene (PP), Polyvinyl Chloride (PVC), Expanded Polystyrenes (EPs), Bioplastics, Other Raw Materials
3) By Production Process: Extrusion, Injection Molding, Thermoforming, Other Production Processes
4) By Application: Food And Beverages, Chemical Industry, Cosumer Goods, Healthcare And Pharmaceuticals, Other Applications
Get an inside scoop of the rigid packaging market, Request now for Sample Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=9985&type=smp
Regional Insights –
Asia-Pacific was the largest region in the rigid packaging market in 2023. Asia-Pacific is expected to be the fastest-growing region in the global rigid packaging market report during the forecast period. The regions covered in the rigid packaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Key Companies –
Major companies operating in the rigid packaging market report are Amcor plc, Reynolds Packaging, Berry Global Inc., Sonoco Products Company, Sealed Air Corporation, Silgan Holdings Inc., Plastipak Holdings Inc., Consolidated Container Company, Ball Corporation, Georgia-Pacific LLC, Crown Holdings Inc., Bemis Company Inc., Holmen AB, Mondi plc, Amcor Group GmbH, Alpla Werke Alwin Lehner GmbH & Co KG, DS Smith Plc, Graham Packaging Company, Huhtamaki Inc., Albea Group, Pactiv LLC, Takween Advanced Industries, Al Jabri Plastic Factory, Anivive Lifesciences, Ardagh Group SA, Brambles Ltd., Grief Inc., IPL Plastics, Metals, QBiotics Group, Regeneus, SABIC, Schoeller Allibert, Torigen Pharmaceuticals, Vetropack Holding
Table of Contents
1. Executive Summary
2. Rigid Packaging Market Report Structure
3. Rigid Packaging Market Trends And Strategies
4. Rigid Packaging Market – Macro Economic Scenario
5. Rigid Packaging Market Size And Growth
…..
27. Rigid Packaging Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
