Rigid Packaging Market Trends, Scope, Industry Outlook And Growth Report 2032
Rigid Packaging Market Size, Growth Rate, And Forecast
The global rigid packaging market size is expected to grow from $207.56 billion in 2022 to $223.47 billion in 2023 at a compound annual growth rate (CAGR) of 7.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global rigid packaging market size is expected to reach $287.42 billion in 2027 at a CAGR of 6.5%.
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Rigid Packaging Market Drivers
Growing consumption of convenience and ready-to-eat food products is expected to propel the growth of the rigid packaging market going forward. Convenience and ready-to-eat food products refer to a precooked and prepacked meal such as ready-to-eat dry products, pre-packaged salads, snack packs, microwaveable meals, frozen foods, and canned foods, prepared mixes such as cake mix, and snack foods, that doesn't require any more preparation or cooking.
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Rigid Packaging Market Segments
1) By Product Type: Boxes, Trays, Containers And Cans, Bottles And Jars, Other Product Types
2) By Raw Material: Polyethylene (PE), Polyethylene Terephthalate (PET), Polystyrene (PS), Polypropylene (PP), Polyvinyl Chloride (PVC), Expanded Polystyrenes (EPs), Bioplastics, Other Raw Materials
3) By Production Process: Extrusion, Injection Molding, Thermoforming, Other Production Processes
4) By Application: Food And Beverages, Chemical Industry, Consumer Goods, Healthcare And Pharmaceuticals, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Rigid Packaging market.
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Rigid Packaging Market Key Players
Major competitors in the Rigid Packaging market include Amcor plc, Reynolds Packaging, Berry Global Inc., Sonoco Products Company, Sealed Air Corporation, Silgan Holdings Inc
The Table Of Content For The Rigid Packaging Market Include:
1. Executive Summary
2. Rigid Packaging Market Characteristics
3. Rigid Packaging Market Trends And Strategies
4. Rigid Packaging Market - Macro Economic Scenario
5. Rigid Packaging Market Size And Growth
27. Rigid Packaging Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Rigid Packaging Market
29. Rigid Packaging Market Future Outlook and Potential Analysis
The Business Research Company's "Global Rigid Packaging Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
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