Expanding Food and Beverage Industry Boosting Packaging Demand : Powering Innovation and Expansion in the Rigid Plastic Packaging Market by 2025

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

What Is the Expected CAGR for the Rigid Plastic Packaging Market Through 2025?
The market size of rigid plastic packaging has consistently expanded in the past few years. There's an expected rise from $228.97 billion in 2024 to $236.1 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 3.1%. The past development of this market is linked to its cost effectiveness, resilience and protection, adaptability, minimal weight characteristics, barrier capabilities, and convenience it provides to consumers.

What's the Projected Size of the Global Rigid Plastic Packaging Market by 2029?
The market size for rigid plastic packaging is projected to witness consistent expansion in the coming years. By 2029, the market value is predicted to reach $284.9 billion, with a compound annual growth rate (CAGR) of 4.8%. Factors such as sustainability efforts, the increase in e-commerce, customisation and branding, regulatory adherence, a higher emphasis on a circular economy, and changing consumer habits are contributing to the anticipated increase during the forecast period. Leading trends for this period comprise sustainable packaging methods, novel packaging styles, initiatives for a circular economy, regulatory conformity and standards, progress in material technology and the digitalisation of the packaging sector.

View the full report here:
https://www.thebusinessresearchcompany.com/report/rigid-plastic-packaging-global-market-report

Top Growth Drivers in the Rigid Plastic Packaging Industry: What's Accelerating the Market?
The growth of the rigid plastic packaging market is anticipated to skyrocket owing to the rising demand from end users like the food and beverage industry. This industry encompasses companies involved in the processing, packaging, and delivery of raw foodstuffs. Rigid plastic packaging facilitates product longevity, which contributes to food safety and improved shelf lives. As a result, the burgeoning demand from end users such as the food and beverage industry will likely accelerate the rigid plastic packaging market's growth. For example, the Agriculture and Agri-Food Department of a Canadian government department revealed in October 2023 that processed food and beverage product exports reached an unprecedented high of $54.3 billion in 2022. This represented a 14.1% increase from the prior year and accounted for 34.7% of the total production value. Thus, the mounting demand from end user industries like the food and beverage industry is propelling the expansion of the rigid plastic packaging market.

Get your free sample here:
#Claim Your Free Sample Report:#

What Trends Will Shape the Rigid Plastic Packaging Market Through 2029 and Beyond?
The primary trend making waves in the rigid plastic packaging market is the progression of technology. Companies largely involved in the rigid plastic packaging market are prioritizing the invention of new technologies. One such example is Amcor Plc., a packaging company with its roots in Australia, which in September 2022 introduced its DairySeal packaging line, incorporating an innovative polyethylene terephthalate (PET) barrier named ClearCor. ClearCor PET barrier holds a unique characteristic of having a concentrated encapsulation in the preform's middle, offering more flexibility and resin alternatives. This approach bolsters recyclability while enhancing the overall functionality of the barrier in the package.

What Are the Main Segments in the Rigid Plastic Packaging Market?
The rigid plastic packaging market covered in this report is segmented -

1) By Product Type: Boxes, Bottle And Jars, Cans, Blister Packs, Clamshells, Trays, Intermediate Bulk Container( IBCs), Other Product Types
2) By Material: Polyethylene, Polypropylene, High Density Polypropylene, Other Materials
3) By Manufacturing Process: Extrusion, Injection Molding, Other Manufacturing Process
4) By End-User: Food And Beverages, Personal Care, Household, Healthcare, Other End-Users

Subsegments:
1) By Boxes: Corrugated Boxes, Folding Boxes, Die-Cut Boxes
2) By Bottles And Jars: PET Bottles, HDPE Bottles, Glass Jars, Plastic Jars
3) By Cans: Aluminum Cans, Steel Cans, Plastic Cans
4) By Blister Packs: Thermoformed Blister Packs, Cold-Formed Blister Packs
5) By Clamshells: Hinged Clamshells, Snap-Fit Clamshells
6) By Trays: Rigid Trays, Blister Trays, In-Mold Labeling Trays
7) By Intermediate Bulk Containers (IBCs): Rigid IBCs, Flexible IBCs
8) By Other Product Types: Tubes, Pails, Containers With Lids

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=9467&type=smp

Which Top Companies are Driving Growth in the Rigid Plastic Packaging Market?
Major companies operating in the rigid plastic packaging market include Berry Global Inc., Amcor Plc, Silgan Holdings Inc., Pactiv Evergreen Inc., Al Jabriplastic Group, Sealed Air Corporation, Takween Advanced Industries Company, Plastipak Holdings Inc., Anchor Packaging LLC, ALPLA Group GmbH & Co. KG, Sonoco Products Company, Klöckner Pentaplast Group GmbH, Gerresheimer AG, Consolidated Container Co. LLC, Winpak Ltd., Graham Packaging Company Inc., IPL Plastics Inc., M&H Plastics Limited, Placon Corporation, Printpack Incorporated, Ring Container Technologies LLC, Tekni-Plex Inc., Polypack Inc., Hedwin Corporation

Which Regions Will Dominate the Rigid Plastic Packaging Market Through 2029?
Asia-Pacific was the largest region in the rigid plastic packaging market in 2024. The regions covered in the rigid plastic packaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=9467

This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Saumya Sahey
Europe: +44 7882 955267,
Asia: +44 7882 955267 & +91 8897263534,
Americas: +1 310-496-7795
Email: saumyas@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.