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Global Rigid Plastic Packaging Market: Industry Facts, Figures, Size, Share and Segment Analysis by 2015-2021

12-16-2016 07:03 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ZMR

Global Rigid Plastic Packaging Market: Industry Facts,

Packaging is the process of the casing and protecting products available for sale, distribution, end-use, and storage. The rigid plastics are most toughened plastics used in varied applications for packaging products or materials. They are highly preferred for industrial purpose due to properties such as easily moldable, light in weight, non-corrosive, and cheap. Rigid plastic packaging is particularly used to increase the shelf life of the product. Plastic packaging includes different types such as ampules, bottles, aluminum bottles, cans, jars, corrugated cases, and aerosol containers.

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Increasing demand for biodegradable rigid plastic packaging is anticipated to boost the market growth in the near future. In addition, people moving towards beverages and other household care products also impact the global rigid plastic packaging market growth positively. On the other hand, rapidly increasing urbanization also contributes to the market growth. Furthermore, growing disposable income of the people will positively impact the market growth in the coming future. Basic properties of the rigid plastic such as higher stiffness, barrier, and strength are increasing the demand of these plastics in the market. Innovative designs for packaging in food and beverage industry will drive the rigid plastic packaging market in future. High competition for advanced rigid plastic packaging may hinder the market growth to some extent. Additionally, increasing use of BisphenolA (BPA) in the manufacturing of plastic products is also posing as a major challenge for the global rigid plastic packaging market.

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The global rigid packaging market can be segmented based on types as paper, glass, metal, plastic, and others. Of which, plastic packaging is the dominating segment owing to better-preserving characteristics. The global market is segmented based on the end-user application as consumer usable products, food and beverage, personal care, electronics, pharmaceutical, and others. Of which, the food and beverage industry is the leading end-user application segment. Furthermore, pharmaceutical end-user application segment is the second largest in the global rigid plastic packaging market.

Asia Pacific is emerging as a dominating regional segment in terms of revenue globally. In addition, increasing demand for rigid plastic in China is also anticipated to drive the market in future. Moreover, favorable growth in food and beverage industry in China will augment the market in the coming years. Europe is also showing a considerable growth in the market due to increasing financial stability. North America is second largest region followed by Europe. Moreover, rapidly developing industrial network in North America is anticipated to foster the rigid plastic packaging market.

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Some of the leading players in the global rigid plastic packaging market are Graham Packaging Company Inc., Consolidated Container Co. LLC, DS Smith, Greiner Packaging International, Amcor Rigid Plastics, ALPLA Werke, Berry Plastics Corporation, and Linpac Group. Other key players in the global market are Toyo Seikan Kaisha, Nampak Plastics Europe, Zhuhai Zhongfu Enterprise Co. Ltd., Southeastern Container Inc., RPC Group PLC, Silgan Plastics Corp., and Serioplast SpA, Ltd.

The Global Rigid Plastic Packaging Market: Regional Segment Analysis

North America
U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
Middle East and Africa

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About Us

Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

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