Global Rigid Packaging Market 2024-2028
The rigid packaging market is forecasted to grow by USD 128.3 bn during 2023-2028, accelerating at a CAGR of 5.41% during the forecast period. The report on the rigid packaging market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for glass packaging, increasing demand for rigid plastic packaging, and rising technological innovations.
Technavio's rigid packaging market is segmented as below:
- By Type
- Plastic
- Metal
- Glass
- By Application
- Food and beverages
- Pharmaceuticals
- Personal care
- Others
- By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies the increasing number of emerging markets as one of the prime reasons driving the rigid packaging market growth during the next few years. Also, down gauging films for cost reduction and increase in demand for biodegradable rigid plastic packaging will lead to sizable demand in the market.
The report on the rigid packaging market covers the following areas:
- Rigid packaging market sizing
- Rigid packaging market forecast
- Rigid packaging market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading rigid packaging market vendors that include ALPLA Werke Alwin Lehner, Amcor Plc, Ardagh Group SA, Ball Corp., Berry Global Inc., Borealis AG, Can Corp. of America Inc., Crown Holdings Inc., Delkor Systems Inc., DS Smith Plc, Gerresheimer AG, Graham Packaging Co. LP, KP Holding GmbH and Co. KG, Plastipak Holdings Inc., Printpack Inc., Silgan Holdings Inc., Sonoco Products Co., TotalEnergies SE, Vetropack, and Vidrala SA. Also, the rigid packaging market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.