Global Rigid Plastic Packaging Market Become Dominant At CAGR Of 5.57% by 2022

23-nov-2018  Rigid Plastic Packaging comprises closures, cups, pots & cans, and bottles mainly for residential customer use. It is manufactured from fossil hydrocarbon-based plastic polymers.

High demand for biodegradable rigid plastic packaging, growing urbanization, and increasing disposable income are documented as the major driving factors to Insurance Analytics Market. However, high cost of initial setup may restrain overall market growth in the years to come. Rigid Plastic Packaging Market is segmented based on type, production process, application, and region.

Tubs, cups, & pots; bottles & jars; trays; caps and closures; containers; and the other types could be explored in Rigid Plastic Packaging in the forecast period. Bottle sector may account for the substantial market share of Rigid Plastic Packaging and is estimated to lead the overall market in the near future. This may be due to high demand from manufacturers like agriculture, food & beverages, home care, pharmaceuticals, and cosmetics and increasing demand for bottle beverages across the globe.

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Thermoforming, extrusion, blow molding, injection molding, and the other production processes could be explored in Rigid Plastic Packaging in the forecast period. The injection-molding sector may account for the significant market share of Rigid Plastic Packaging and is estimated to continue its dominance in the upcoming period.

The market may be categorized based on application like food & beverage, industrial packaging, healthcare, personal care, and others that could be explored in the forecast period. The other sector comprises household care and customer food service. The beverage sector may account for the substantial market share of Rigid Plastic Packaging and is estimated to lead the overall market in future.

Rigid Plastic Packaging Market is segmented geographically into Americas (North America, South America), Europe (Eastern Europe, Western Europe), Asia Pacific (India, China, Japan, New Zealand, and Australia), Middle East (UAE, Saudi, and Qatar), and Africa (South Africa). Globally, Asia Pacific may account for the significant market share of Rigid Plastic Packaging and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be rapid urbanization, industrialization, and presence of developing countries like India and China.

The key players of Rigid Plastic Packaging Market are Silgan Holdings, Amcor, RPC, ALPLA Werke, Berry Global, Bemis, Winpak, Coveris, Crown Packaging, and Sealed Air. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition.

About Rigid Plastic Packaging 

Rigid plastic packaging generally refers to bottles, containers, tubes, caps, and closures made from plastic material. Rigid plastic packaging material is experiencing high annual growth, which is attributed to the high demand for polyethylene terephthalate (PET) products. Based on the type, the global rigid plastic packaging market is segmented into global rigid bottles market, global rigid plastic containers market, global rigid plastic cups and closures market, and other rigid plastic packaging products market. The other rigid plastic packaging products include collapsible tubes, blisters, and clamshells.

Covered in this report 

The report covers the present scenario and the growth prospects of the global rigid plastic packaging market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography: 
• Americas
• APAC
• EMEA

Key vendors 
• Amcor
• ALPLA Werke
• Bemis
• Berry Global
• RPC
• Silgan Holdings

Other prominent vendors 
• Coveris
• Sealed Air
• Crown Packaging
• Winpak

Market driver
• Rising use of bioplastics in rigid plastic
• For a full, detailed list, view our report

Browse Full Research Report With TOC:https://www.radiantinsights.com/research/global-rigid-plastic-packaging-market-2018-2022

Market trend 
• Innovation and technology in packaging
• For a full, detailed list, view our report

Key questions answered in this report 
• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

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