Materials & Chemicals Market Research News

Explore rigid plastic packaging market to grow at 5.57% CAGR to 2022

Materials & Chemicals Research

This report, Global Rigid Plastic Packaging Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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The analysts forecast global rigid plastic packaging market to grow at a CAGR of 5.57% during the period 2018-2022. 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.

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This 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

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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

Market trend: Innovation and technology in packaging

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?

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