The Rigid Plastic Packaging Global Market Report 2023, provides comprehensive information on the rigid plastic packaging market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Rigid Plastic Packaging Global Market Report 2023, the global rigid plastic packaging market size is expected to grow from $219.29 billion in 2022 to $233.71 billion in 2023 at a compound annual growth rate (CAGR) of 6.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global rigid plastic packaging market size is expected to reach $290.03 billion in 2027 at a CAGR of 5.5%.
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Technological advancement is the key trend gaining popularity in the rigid plastic packaging market. Major companies operating in the rigid plastic packaging market are focusing on developing new technologies. For instance, in September 2022, Amcor Plc., an Australia-based global packaging company, launched the DairySeal™ line of packaging that features ClearCor™, an advanced polyethylene terephthalate (PET) barrier. The unique feature of clearcor PET barrier technology is that it has a concentrated capsulation in the preform’s center, enabling greater flexibility and resin possibilities. This method preserves recyclability while improving the overall performance of the barrier in the package.
The rigid plastic packaging market is segmented:
1) By Product Type: Boxes, Bottle, And Jars, Cans, Blister Packs, Clamshells, Trays, Intermediate Bulk Container (IBCs), Other Product Types
2) By Material: Polyethylene, Polypropylene, High Density Polypropylene, Other Materials
3) By Manufacturing Process: Extrusion, Injection Molding, Other Manufacturing Process
4) By End-User: Food And Beverages, Personal Care, Household, Healthcare, Other End-Users
Asia-Pacific was the largest region in the rigid plastic packaging market in 2022.
The table of contents in TBRC’s rigid plastic packaging market report includes:
1. Executive Summary
2. Rigid Plastic Packaging Market Characteristics
3. Rigid Plastic Packaging Market Trends And Strategies
4. Rigid Plastic Packaging Market – Macro Economic Scenario
5. Rigid Plastic Packaging Market Size And Growth
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26. Africa Rigid Plastic Packaging Market
27. Rigid Plastic Packaging Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Rigid Plastic Packaging Market
29. Rigid Plastic Packaging Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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