Skip to main content

Rigid Packaging Market Detailed Analytical Overview by 2021

Packaging is the process of enclosing or protecting finished goods or products for distribution, storage, sale, and end use. Rigid packaging is ideal for transportation across longer distances as it helps keep finished products safer for longer. It is used to package goods in different forms such as bottles, cans, ampules, aerosol containers, aluminum bottles, and jars. Rigid plastic packaging has properties such as high impact strength, high stiffness, and high barrier properties. These, in turn, have expanded the market for rigid plastic packaging in recent years.
Request For Report Sample@ https://www.persistencemarketresearch.com/samples/4084
Rigid packaging materials available in the market include cups, cans, bottles, corrugated cases, and boxes. On the basis of raw material, the global rigid packaging market can be segmented into metal, plastic, paper, and glass. Plastic packaging dominates the global rigid packaging market. This is because it doesn’t degrade and helps to better preserve the packaged materials. This, in turn, helps improve the shelf life of products. However, in terms of value, rigid paper packaging material is expected to witness highest CAGR in the forecast period. The food and beverage industry, the largest consumer of rigid packaging, is expected to dominate the market during the forecast period. Other major end-user industries for rigid packaging industry include pharmaceutical and personal care industries.
Asia Pacific has the largest market share for rigid packaging, followed by North America and Europe. Asia Pacific is expected to witness highest growth in the rigid packaging market during the forecast period. Emerging markets such as India and China are expected to boost the market in this region. Other markets for the rigid packaging industry include Brazil and the Middle East.
Request For Report Table of Content (TOC)@ https://www.persistencemarketresearch.com/toc/4084
Increasing popularity of reusable products for packaging is driving the global rigid packaging market. Moreover, increasing number of nuclear families and increasing demand for convenience food and other products is expected to provide ample growth opportunities to rigid packaging in the global market. Also, new packaging material development coupled with availability of smaller pack sizes is further providing growth opportunity for the global rigid packaging market to some extent.
Increasing demand from end-user industry along with rising urban population especially in the Asia Pacific region is propelling the rigid packaging market. Some of the major companies operating in this market are DS Smith Plc, Holmen AB, Georgia-Pacific LLC, MeadWestvaco Corporation, BASF SE, Amcor Limited, Berry Plastics Corporation, The Dow Chemical Company, Reynold Group Holdings Limited, Sealed Air Corporation, and RESILUX NV.
Know More About Report@ https://www.persistencemarketresearch.com/market-research/rigid-packaging-market.asp

Comments

Popular posts from this blog

Development: Aerospace 3D Printing Market Strategy Planning by Top Manufacturers

  Aerospace 3D Printing Market Analysis 2026: According to a study of the Research Dive,  aerospace 3D printing market  forecast shall cross  $5,933.4 million by 2026 , growing at a  CAGR of 26.8%  during forecast period. Aerospace 3D printing is primarily used to increase the efficiency of A&D supply chain, reduction of storage costs of inventory and waste production materials. Furthermore, the Aerospace 3D printing industry is focusing more on creating parts of aircraft that are lighter and stronger than parts made by using traditional manufacturing. Astonishing advantages of 3D printings in the supply chain of the aerospace and defense industry are projected to surge in the global market. In addition, the financial support provided by the government and non-government organizations across the globe is also driving the 3D printing in aerospace industry. For instance,   National Aerospace Technology Exploitation Programme grants £140,000 funds for...

What is the current and future scenario of Oxygen Cylinder And Concentrator?

  According to a study,  Oxygen Cylinder and Concentrator Market  by Research Dive, the market is expected to reach $5,052.1 million by 2026, registering a CAGR of 8.7% from 2019-2026. Growing utilization from different applications and increasing focus on consumption are some of the oxygen cylinder and concentrator market drivers. The oxygen cylinder and concentrator market is primarily dominated by growing utilization from different applications, for instance, healthcare, pharmaceutical & biotechnology and manufacturing industries. According to American Academy of Allergy, Asthma & Immunology (AAAAI), about 320 million people worldwide are diagnosed with Asthma, of which about 255000 are suffering from the disease. However, it is estimated that by the end of 2026, the number of asthma patients would continue to grow by more than 102 million. This factors further enhance the market in healthcare and medical segment. Additionally, rising demands for adventure spor...

Contactless Payment Market size share growth analysis market demand

  Contactless payment, also called as a tap-and-go system is a secure mode where the transactions are done using technologies such as NFC (near field communication), RFID (radio frequency identification), infrared, and bluetooth. Contactless payment is hassle-free and convenient for customers as it takes only one-tenth of the time taken by the old-style electronic transaction.Contactless payment is becoming popular owing to its benefits such as secure and fast payments without any need for cash or identifying details. Initially, these type of payments or cards were used for the purpose oftravelling tickets only. But today, this technology has evolved and is helping customers to make payments for almost anything. However, the permissible amount for a contactless payment varies by country and by the bank. Access to PDF Sample Report Here! @  https://www.researchdive.com/download-sample/181 Recent Developments in the Contactless Payment Industry As per a Research Dive blog, ...