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Rigid Plastic Packaging Market By Resin Type (Polyethylene, Polyethylene Terephthalate, Polypropylene, Polystyrene, Polyvinyl Chloride, Expanded Polystyrene), By End Use (Beverages, Food, Health Care, Personal Care, Industrial, Others)- Growth, Future Prospects And Competitive Analysis, 2017 - 2025

The global rigid plastic packaging market was valued at USD 195.56 billion in 2016. Rigid plastic packaging market is mainly driven by the growth in demand from end-use industries and growing retail sector. The global rigid plastic packaging market has been segmented on the basis of resin type, type, end-use industry, and region.

In terms of resin type, polyethylene accounted for approximately 30% market share in year 2016 of the global market in terms of revenue and is projected to maintain its dominance throughout the forecast period 2017 to 2025. However, polyethylene terephthalate is anticipated to be the fastest growing segment with CAGR of around 7.0% during the forecast period 2017 to 2025.

By type, in year 2016 bottles and jars segment accounted for the largest share of around 45% in the global market in terms of revenue. Tubs cups & pots is projected to exhibit the fastest growth during the forecast period owing to growing demand for single-serve packs, cost-effective nature, portion control, and environment friendly packaging.

In 2016, beverages industry accounted for the largest share in terms of value. It is also projected to grow at a CAGR of 6.4% during the forecast period of 2017 to 2025. Whereas, food was the second largest end-use industry for rigid plastic packaging market in 2016. Change in eating habits and consumer shift towards packaged food is driving the growth of rigid plastic packaging in food sector.

In 2016, the rigid plastic packaging market by region was dominated by the Asia Pacific accounting more than 35% of the market share. Asia Pacific was followed by the Europe and North America. In Asia Pacific, China will see the fastest growth during the forecast period. Factors such as the rising disposable income, and consumer spending and the increasing population will boost the demand for consumer goods, which will support the growth of rigid plastic packaging market in the emerging economies of Asia Pacific.

Companies such as Amcor Limited (Australia), Bemis Company, Inc. (U.S.), RPC Group Plc (U.K.), Berry Plastics Corporation (U.S.), Alpla Werke, Alwin Lehner GmbH & Co. Kg (Austria), Reynolds Group Holdings (New Zealand), Silgan Holdings, Inc. (U.S.), and Sealed Air (U.S.) among others are present in the global rigid plastic packaging market.

 

Rigid Plastic Packaging Market

The report titled “Global Rigid Plastic Packaging Market - Growth, Future Prospects, and Competitive Analysis, 2017 – 2025” offers strategic insights into the global rigid plastic packaging market along with the market size and estimates for the duration 2017 to 2025. The said research study covers in-depth analysis of multiple market segments based on resin type, type, end-use industry and cross-sectional study across different geographies. The study covers the comparative analysis of different segments for the years 2016 & 2025. The report also provides a prolific view on market dynamics such as market drivers, restraints and opportunities.

In order to help the strategic decision makers, the report also includes profiles of the leading rigid plastic packaging manufacturers, along with their, product portfolio and key developments. Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the rigid plastic packaging industry
  • Market drivers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Trailing 2-Year market size data (2015, 2016)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global rigid plastic packaging market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above mentioned factors.

On the basis of geography, the global rigid plastic packaging market is segmented as per following regions and countries

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of Latin America
  • Middle East & Africa
    • Saudi Arabia
    • Africa
    • Rest of Middle East & Africa

The global rigid plastic packaging market has been segmented geography-wise, wherein a detailed analysis of every country has been conducted in this section. These regions include North America, Asia Pacific, Europe, Latin America and the Middle East & Africa.

The global market for rigid plastic packaging is dominated by Asia-Pacific accounted for a share of around 38% of the total market, in terms of value, in 2016, followed by Europe and North America. However, as the rigid plastic packaging market in developed countries is getting matured, markets in China and India are projected to grow at higher rates from 2017 to 2025. Asia Pacific is also projected to grow at the fastest CAGR between 2017 and 2025. Rising disposable income of individuals, high economic growth and growing end use industries have fueled the demand for rigid plastic packaging products.

Rigid Plastic Packaging Market

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Published Date:  Aug 2017
Category:  Packaging
Report ID:   58646
Report Format:   PDF
Pages:   120
Rating:    4.3 (60)
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