Rigid Plastic Packaging Market by Raw Material (Bioplastics, PE, PVC, PET and Others), Type, Production Process, Application and Geography - Global Industry Analysis, Opportunities and Forecast up to 2026

The global rigid plastic packaging market size was valued at $187.29 billion in 2020, and is projected to reach $268.69 billion by 2026, growing at a CAGR of 6.2% during the forecast period.

• The rigid plastic packaging market has a promising growth potential due to several factors which includes strong demand from the food and beverage packaging industry.

• Additionally, increasing demand in major Asian markets such as India and China, development of the automotive industry, high demand for various industrial applications and high preference for rigid packaging from manufacturers and suppliers are driving the growth of the market.

• However, fluctuations in the raw material prices and stringent regulations are restraining the market growth.

• Moreover, rising packaging industry across the globe and growing demand from e-commerce industry are expected to provide ample opportunities for the rigid plastic packaging market growth.

Rigid plastic packaging is a packaging technique that involves the usage of polyethylene terephthalate (PET), the most widely used resin. It safeguards against issues like crushing, tearing and leaking which exhibits no elastic deformation and perfect plastic deformation while still displaying their content clearly. Rigid plastic packaging offers various benefits like longevity, durability, cost, absorption of flavours, and lightweight. It also has various applications in different industries such as personal care, food and beverages, healthcare and others. This type of packaging is reusable and helps to eliminate waste material.

By Type, Bottles & Jars Segment is Projected to Strong Presence in the Global Market

Bottles & jars was the largest market for type in 2020, and it would grow considerably during the forecast period. Rigid plastic bottles are made up of plastic resin such as PET, PP, HDPE, PE, PS and PVC majorly used for packaging liquid, oil, or semi-solid products across the different industries. The flourishing retail industry, combined with the rise in disposable income of consumers are expected to drive the demand for bottle and jars market. Increasing adoption of lightweight packaging methods and rising demand from bottled-water industry is particularly expected to increase the adoption of rigid plastic bottles and jars. Furthermore, the growing population, rising urbanization, and increasing demand for beverages and home care products are likely to increase the usage of bottles and jars and thereby driving the rigid plastic packaging market.

By Region, Asia-Pacific Dominates by Being the Largest Market for Rigid Plastic Packaging Market

Asia-Pacific region holds the significant market share and is also expected to have the highest growth rate in the foreseeable years. Countries like India and China are expected to have high growth rates, contributing to rising developmental activities and rapid economic expansion. Increase in rigid plastic packaging applications in food, beverages and health care industries.  Major factors like growing convenience food industry, rising manufacturing activities, industrialization, increasing disposable income and the rising e-retail sales, which will support the growth of rigid plastic packaging market in this region.

What Can be Explored with this Research Report:
• Understand the key trends that will drive the market, challenges it faces in the current market scenario.
• Identify growth opportunities.
• Porter’s five force analysis.
• In-depth analysis of market segments, and regions/countries predicted to observed promising growth.
• Historical and forecast size of the market in terms of revenue (USD Million).
• Company profiling with key products and solution offerings, key financial information, SWOT analysis, and business strategies adopted.

Market Segmentation:

The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:

Market by, Raw Material:
• Bioplastics
• Polyethylene (PE)
• Polyvinyl Chloride (PVC)
• Polyethylene Terephthalate (PET)
• Polypropylene (PP)
• Polystyrene (PS)
• Expanded Polystyrene (EPS)
• Other Raw Materials

Market by, Type:
• Bottles & Jars
• Rigid Bulk Products
• Trays And Containers
• Tubs, Cups, and Pots
• Other Types

Market by, Production Process:
• Blow Molding
• Extrusion
• Injection Molding
• Thermoforming
• Other Production Processes

Market by, Application:
• Food and Beverage
• Cosmetics & Toiletries
• Healthcare
• Industrial
• Household
• Automotive
• Building & Construction
• Other Applications

Market by, Geography:
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

Table Of Content

1 Market Overview             
    1.1 Introduction        
    1.2 Research Objectives       
    1.3 Market Segmentation       
    1.4 Stakeholders        
    1.5 List of Acronyms        
              
2 Executive Summary            
              
3 Research Methodology           
    3.1 Identification of Data       
    3.2 Evaluation of Market Dynamics      
    3.3 Collaboration of Data       
    3.4 Verification and Analysis       
    3.5 Data Sources        
    3.6 Assumptions        
               
4 Market Dynamics            
    4.1 Market Drivers        
            4.1.1 Strong demand from the food and beverage packaging industry
            4.1.2 Increasing demand in major Asian markets such as India and China
            4.1.3 High preference for rigid packaging from manufacturers and suppliers
            4.1.4 High demand for various industrial applications
    4.2 Market Restraints        
            4.2.1 Fluctuations in the raw material prices
            4.2.2 Stringent regulations
    4.3 Market Opportunities       
            4.3.1 Growing demand from e-commerce industry
            4.3.2 Rising packaging industry across the globe
    4.4 Market Challenges        
            4.4.1 Increasing awareness among the people about eco-friendly material
            4.4.2 Environmental issues due usage of plastic
    4.5 Impact of COVID-19 on Rigid Plastic Packaging Market    
              
5 Porter's Five Force Analysis           
    5.1 Bargaining Power of Suppliers       
    5.2 Bargaining Power of Buyers       
    5.3 Threat of New Entrants       
    5.4 Threat of Substitutes       
    5.5 Competitive Rivalry in the Market      
              
6 Global Rigid Plastic Packaging Market by, Raw Material        
    6.1 Overview        
    6.2 Bioplastics        
    6.3 Polyethylene (PE)        
    6.4 Polyvinyl Chloride (PVC)       
    6.5 Polyethylene Terephthalate (PET)      
    6.6 Polypropylene (PP)        
    6.7 Polystyrene (PS)        
    6.8 Expanded Polystyrene (EPS)       
    6.9 Other Raw Materials       
              
7 Global Rigid Plastic Packaging Market by, Type         
    7.1 Overview        
    7.2 Bottles & Jars        
    7.3 Rigid Bulk Products        
    7.4 Trays And Containers       
    7.5 Tubs, Cups, and Pots       
    7.6 Other Types        
              
8 Global Rigid Plastic Packaging Market by, Production Process        
    8.1 Overview        
    8.2 Blow Molding        
    8.3 Extrusion         
    8.4 Injection Molding        
    8.5 Thermoforming        
    8.6 Other Production Processes       
              
9 Global Rigid Plastic Packaging Market by, Application        
    9.1 Overview        
    9.2 Food and Beverage        
    9.3 Cosmetics & Toiletries       
    9.4 Healthcare        
    9.5 Industrial         
    9.6 Household        
    9.7 Automotive        
    9.8 Building & Construction       
    9.9 Other Applications        
              
10 Global Rigid Plastic Packaging Market by, Geography        
    10.1 Overview        
    10.2 North America        
    10.3 Europe         
    10.4 Asia Pacific        
    10.5 South America        
    10.6 Middle East & Africa       
              
11 Key Developments            
              
12 Company Profiling            
    12.1 Ds Smith Plc        
            12.1.1 Business Overview
            12.1.2 Product/Service Offering
            12.1.3 Financial Overview
            12.1.4 SWOT Analysis
            12.1.5 Key Activities
    12.2 Amcor Plc        
    12.3 Berry Global Group Inc.       
    12.4 Pactiv Evergreen Inc.       
    12.5 Sonoco Products Company       
    12.6 Alpla         
    12.7 Silgan Holdings Inc.        
    12.8 Al Jabri Plastic Factory       
    12.9 Sabic         
    12.10 Takween Advanced Industries       
    12.11 Nuplas Industries Ltd       
    12.12 Plastipak Holdings, Inc.       
    12.13 Altium Packaging LP        
    12.14 Sealed Air Corporation       
    12.15 Bemis Company, Inc.