Rigid Packaging Market

Global rigid packaging market is estimated to be valued at USD 227.36 Bn in 2024, exhibiting a compound annual growth rate (CAGR) of 4.6% from 2024 to 2031. Global rigid packaging market refers to packaging products manufactured using rigid materials such as plastics, metals, glass, paperboards and others. Rigid packaging provides excellent protection to products during transportation and storage. Some key advantages of rigid packaging include durability, reusability, and moisture and tamper resistance. Factors such as growing urban population, rising middle class, changing lifestyles and increasing demand for convenience foods boosts rigid packaging market growth. However, factors such as rising environmental concerns regarding non-biodegradable plastics and high production costs pose challenges for market players. Overall, rigid packaging market is expected to continue growing with the expansion of end use industries in the coming years.

 Market Dynamics:

Global rigid packaging market has been witnessing steady growth over the past few years owing to several drivers such as increasing demand from food and beverage industry, growing e-commerce industry, and rising consumption of packaged products. Rapid urbanization and rising disposable income in developing nations has boosted demand for packaged food and other consumer goods. This is expected to drive the global rigid packaging market growth. However, stringent government regulations regarding the use of plastics due to environmental concerns and volatility in raw material prices are some of the major challenges restraining the market growth. Advancements in material technologies and emerging applications in pharmaceutical and personal care industries present significant opportunities for market players in the coming years.

 Key Features of the Study:

• This report provides in-depth analysis of the global rigid packaging market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global rigid packaging market based on the following parameters company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Amcor Limited, DS Smith Plc., Holmen AB, Plastipak Holding, Berry Plastics Corporation, Reynolds Group Holdings Limited, Sealed Air Corporation, Resilux NV, Sonoco Products Company, Silgan Holdings, EPL Limited, Time Technoplast Ltd., Manjushree Technopack Ltd., Rishi FIBC Solutions Private Limited, Tripak Solutions, Bulkcorp International Private Limited, Parekhplast India Limited, Pearlpet (Pearl Polymers Limited), Pyramid Technoplast Pvt. Ltd, Regent Plast Pvt. Ltd.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• Global rigid packaging market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global rigid packaging market

Detailed Segmentation-

• By Material Type:
• • Plastic
  • Metal
  • Wood
  • Glass
  • Paper & Paperboard
• By Application:
• • Food & Beverage
  • Chemical Industry
  • Consumer Goods
  • Healthcare & Pharmaceuticals
  • Others
• By Product Type:
• • Boxes
  • Trays
  • Containers & Cans
  • Bottle & Jars
  • Others
• By Regional:
• • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
• Company Profiles:
• • Amcor Limited
  • DS Smith Plc.
  • Holmen AB
  • Plastipak Holding
  • Berry Plastics Corporation
  • Reynolds Group Holdings Limited
  • Sealed Air Corporation
  • Resilux NV
  • Sonoco Products Company
  • Silgan Holdings.
  • EPL Limited
  • Time Technoplast Ltd. 
  • Manjushree Technopack Ltd.
  • Rishi FIBC Solutions Private Limited
  • Tripak Solutions
  • Bulkcorp International Private Limited
  • Parekhplast India Limited
  • Pearlpet (Pearl Polymers Limited)
  • Pyramid Technoplast Pvt. Ltd
  • Regent Plast Pvt. Ltd.