Rigid Packaging Market 2022| Global Key Players and Trends by Forecast 2028

MARKET OVERVIEW

Rigid packaging offers structure and support for products and is known for its strength. Examples of rigid packaging materials include corrugated and paperboard boxes, plastic bottles and boxes, aluminum cans, and glass jars. Rigid packaging is packaging that features heavier and often stronger materials than flexible packaging.

MARKET SCOPE

The "Global Rigid Packaging Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the rigid packaging market with detailed market segmentation by material, product type, application, and geography. The report provides key statistics on the market status of the leading rigid packaging market players and offers key trends and opportunities in the market.

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MARKET SEGMENTATION

-Based on product type, the global rigid packaging market is segmented into boxes, trays, containers and cans, bottles and jars, and others
-Based on material, the global rigid packaging market is segmented into metals, plastics, glass, paper and paperboard, and wood
-Based on application, the global rigid packaging market is segmented into food & beverage, chemical industry, consumer goods, healthcare and pharmaceuticals, and other industries.

MARKET DYNAMICS

Drivers

-Growing demand for industrial bulk packaging across various industries.
-The growing adoption of paperboard for rigid packaging for environmental sustainability.
-Growth in the cosmetic and personal care industry due to increasing consumers spending on the cosmetics products.
-Rising R&D activities drive the rigid packaging market.

Restraints

-Increasing demand for flexible packaging materials.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The rigid packaging market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the rigid packaging market in these regions.

IMPACT OF COVID-19 ON rigid packaging MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The chemical & materials industry is one of the major industries suffering serious disruptions, such as supply chain breaks, technology events cancellations, and office shutdowns, as a result of this pandemic. The shutdown of various plants and factories in leading regions such as North America, Europe, Asia Pacific, South America, and the Middle East & Africa has affected the global supply chain and negatively impacted the manufacturing, delivery schedules, and sales of various goods. Furthermore, various companies have already announced possible delays in product deliveries and slump in future sales of their products. The market for 3D printed metal is impacted by the pandemic due to shortfall in production along with halt in construction projects due to global lockdown.

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MARKET PLAYERS

The report covers key developments in the rigid packaging market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from rigid packaging market are anticipated to lucrative growth opportunities in the future with the rising demand for rigid packaging in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the rigid packaging market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

Amcor Limited
Bemis Company
DS Smith Plc.
Holmen AB
Georgia-Pacific LLC
Berry Plastics Corporation
Reynolds Group Holdings Limited
Sealed Air Corporation
RESILUX NV
Mondi Group

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This release was published on openPR.