Latest News- Rigid Plastic Packaging Market: Bottles is expected to lead the Type segment during 2025-2029

The Rigid Plastic Packaging Market is being driven by Rising demand for rigid plastic packaging from food and beverage industry

The Rigid Plastic Packaging Market is expected to grow at a CAGR of 6.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 84.1 billion. In the packaging industry, businesses are increasingly prioritizing sustainability as a key consideration, both for regulatory compliance and consumer demand. Traditionally, non-recyclable materials have raised environmental concerns, leading packaging enterprises to seek out alternatives. Fiber-based materials, which are reusable, renewable, or biodegradable, have emerged as a popular choice. These materials are widely accepted in various industries, including food and beverage, chemical, and construction, due to their eco-friendliness and consumer appeal. Consequently, many packaging companies are introducing products made from fiber-based materials to meet this growing demand for sustainable packaging solutions. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Type
  • Bottles
  • Containers
  • Caps and closures
  • Others
• End-user
  • Food
  • Healthcare
  • Cosmetic and toiletries
  • Beverages
  • Industrial
• Material
  • Polyethylene
  • Polypropylene
  • Polyvinyl Chloride
  • Polystyrene
  • Others
• Geography
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • Europe
    • Germany
    • UK
    • France
  • North America
    • Canada
    • US
  • Middle East and Africa
  • South America

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Rising demand for rigid plastic packaging from food and beverage industry
• Growing consumption of packaged beverage
• Increasing demand for rigid plastic packaging from healthcare industry

However, the market also witnesses some limitations, which are as follows:

• High cost of recycling rigid plastic products
• Availability of substitutes for packaging
• Stringent regulations related to usage of plastics

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Market Scope in Rigid Plastic Packaging Market Research Report

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Research Analysis Overview

The Rigid Plastic Packaging Market encompasses various components including closure systems, caps, and lids. It also covers labeling materials and printing technologies such as Inkjet, Flexographic, and Digital. The market comprises packaging films, laminates, foams, protective films, and various advanced packaging solutions like moisture absorbers, aseptic packaging, vacuum packaging, modified atmosphere packaging, active packaging, smart packaging, RFID tagging, and packaging line integration. Additionally, it involves packaging line optimization, process efficiency, waste reduction, material sourcing, recycling, disposal, life cycle analysis, and environmental impact assessment. Carbon footprint, bio-based plastics, plant-based polymers, recycled plastic content, regulations compliance, food contact compliance, consumer engagement, brand storytelling, communication, experience, innovation trends, and design trends are also integral parts of this market.

Market Research Overview

In the intricately segmented market for rigid plastic packaging, key players engage in various activities, ranging from the procurement of raw materials such as HDPE, PET, PP, PVC, and their respective monomers, to the development of innovative packaging solutions. Subsequently, large-scale manufacturing processes like injection molding are employed to meet escalating market demands. Ultimately, these products are distributed through a complex network of channels to reach end-users. The supply chain encompasses not only plastic container raw material suppliers but also providers of metal container raw materials like steel, aluminum, and tin, as well as glass container raw materials such as borosilicate, neutral glass, soda-lime-silica glass, treated soda-lime glass, de-alkalized soda-lime glass, and regular soda-lime glass.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/