Press release
Future of the Rigid Plastic Packaging Market (2025-2034): Key Growth Drivers, Emerging Opportunities & Strategic Forecasts
Rigid Plastic Packaging Market
The rigid plastic packaging market is anticipated to grow significantly, according to the newly published research report by Polaris Market Research. The market was valued at USD 196.98 billion in 2024 and is projected to grow to USD 303.10 billion by 2034. This growth signifies a robust compound annual growth rate (CAGR) of 4.4% over the forecast period, 2025-2034.
Market Outlook
Rigid plastic packaging indicates canisters and enclosures made from plastics that hold the shape and configuration even when exposed to exterior pressure. Rigid plastic packaging is robust, sturdy and design to sustain the probity of its constituents all through their lifecycle. Rigid plastics is used in a wide range of commodities, from food canisters and beverages to cosmetic bottles.
The rise in online shopping has boosted the requirement for lightweight, resistant packaging that can resist the severity of shipping. Rigid plastics, especially corrugated boxes, and protective inserts play an important part in this facility. Also, consumers and regulators are growingly requesting sustainable packaging solutions. Therefore, the industries are reacting with products such as lightweight, recycled content, and opting for bio-dependent options.
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Market Drivers
Rising Usage in Personal Care and Healthcare: Manufacturers covering industries such as household products, personal care, and healthcare are adopting dense plastic packaging for its longevity and economy with rising consumer inclination for ease, purity, and prolonged product shelf life. For instance, in October 2024, Unilever increased R&D funding to decrease virgin plastic usage, concentrating on green and disposable flexible substances such as pouches and sachets, driving the rigid plastic packaging market growth.
Technological Progressions: Progressions in mechanical and chemical recycling procedures have made it growingly practical to reprocess rigid plastics, lessening their environmental impact. These technologies permit the recuperation of exclusive substances, decreasing dependence on virgin plastics and lessening carbon emissions.
Market Key Players
The market is competitive and fragmented. In context to market share, a few prominent contenders dominate the market by offering inventive packaging. Some of the prominent players operating in the market include:
• Al Jabriplastic.
• Altium Packaging.
• Amcor plc
• Berry Global Inc.
• CCL Industries.
• Coveris
• DS Smith
• Mondi
• Pactiv Evergreen Inc.
• SABIC
• Sealed Air
• Silgan Holdings Inc.
• Sonoco Products Company
• Takween Advanced Industries
• Winpak LTD.
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Rigid Plastic Packaging Market Report Highlights
☛ In terms of product, in 2024, the bottles & jars segment led the market, driven by their extensive application in industries such as food and beverages, personal care, and pharmaceuticals.
☛ Based on process, the injection molding segment is anticipated to experience the fastest rigid plastic packaging market growth due to its cost efficiency, precision, and capability to create intricate designs.
☛ Asia Pacific accounted for the largest market share in 2024, fueled by rapid industrialization, urbanization, and growing consumer expenditure.
☛ Europe is expected to see the fastest growth in the market during the forecast period, supported by strong sustainability initiatives and regulatory measures aimed at minimizing plastic waste.
Segmental Perspective
The rigid plastic packaging market segmentation is based on product, process, raw material, end use, and region.
By product analysis, the bottles & jars segment held the largest market share in 2024. The propelling force behind this dominance lies in its extensive usage in industries such as personal care, food and beverages, and pharmaceuticals.
By process analysis, the injection molding segment is expected to register the fastest growth owing to its accuracy, economy and capacity to generate intricate designs.
Rigid Plastic Packaging Market, Product Outlook (Revenue - USD Billion, 2020-2034)
• Bottles & Jars
• Trays & Containers
• Caps & Closures
• Others
Rigid Plastic Packaging Market, Process Outlook (Revenue - USD Billion, 2020-2034)
• Extrusion
• Injection Molding
• Blow Molding
• Thermoforming
• Others
Rigid Plastic Packaging Market, Raw Material Outlook (Revenue - USD Billion, 2020-2034)
• Bioplastics
• Polyethylene (PE)
• Polyethylene Terephthalate (PET)
• Polystyrene (PS)
• Polypropylene (PP)
• Polyvinyl Chloride (PVC)
• Expanded Polystyrene (EPs)
• Others (PC, Polyamide)
Rigid Plastic Packaging Market, End Use Outlook (Revenue - USD Billion, 2020-2034)
• Food & Beverages
• Industrial Packaging
• Pharmaceuticals
• Personal & Household Care
• Others
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https://www.polarismarketresearch.com/industry-analysis/rigid-plastic-packaging-market
Regional Analysis:
North America (U.S., Canada)
Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
Frequently Asked Questions (FAQs)
1. What is the current market value of the rigid plastic packaging industry?
2. What is the projected growth rate of the rigid plastic packaging market?
3. Which region held the largest share of the rigid plastic packaging market in 2024?
4. Who are the leading players in the rigid plastic packaging market?
5. Which product segment led the rigid plastic packaging market in 2024?
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About Polaris Market Research & Consulting, Inc:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.
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