Rigid Plastic Packaging Market Size To Grow By USD 63.73 Bil…


(MENAFN- PR Newswire)

NEW YORK, May 18, 2022 /PRNewswire/ — The ‘Rigid Plastic Packaging Market by Component (Bottles, Containers, Caps and closures, and Others) and Geographic (APAC, Europe, North America, MEA, and South America) – Forecast and Analysis 2021-2025 ‘ report has been added to Technavio’s offering. The potential growth difference for the rigid plastic packaging market size between 2020 and 2025 is USD 63.73 billion.

To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst .


Technavio has announced its latest market research report titled Rigid Plastic Packaging Market by Component and Geography – Forecast and Analysis 2021-2025

Key Market Dynamics:

  • Market Driver: The rising demand for rigid plastic packaging from the food and beverage industry is driving the growth of the global rigid plastic packaging market. Contamination of food during storage is a major concern. The nutrients present in food are impacted by factors such as temperature and moisture. Using appropriate packaging material can prevent it to a certain extent. It also extends the shelf life of the food product. Various vendors are offering rigid plastic packaging to enterprises in the food and beverage industry. These containers provide an integrated film lidding option, which makes it easy for consumers to open and reseal. In addition, they have side venting, which enables cooling and moisture management. These factors will aid in the growth of the global rigid plastic packaging market during the forecast period.
  • Market Challenges: The high cost associated with recycling rigid plastic products will challenge the global rigid plastic packaging market growth. Recycling of various rigid plastic products such as plastic containers needs high capital due to the presence of various costs such as procurement cost, energy expenditure, and value of scrap. The recycling of rigid plastic products such as bottles involves various steps such as a collection of the package after use, paying the scrap amount to the customer, transporting it to the recycling unit, cleaning, and crushing. The manufacturing of new rigid plastic products is more economical than recycling for most small and medium scale manufacturing facilities. The recycling of plastics incurs an additional cost to manufacturers, which is a major challenge for the global rigid plastic packaging market.

To learn about additional key drivers, trends, and challenges available with Technavio. Read our Sample Report right now!

Market Segmentation

The rigid plastic packaging market report is segmented by component (bottles, containers, caps and closures, and others) and geography (APAC, Europe, North America, MEA, and South America).

APAC will be the leading region with 57% of the market’s growth during the forecast period. China is a key country in the rigid plastic packaging market in APAC. The rigid plastic packaging market in APAC is expected to grow due to the rise in demand for household care products and food and beverage products, which will drive the global rigid plastic packaging market growth in APAC during the forecast period.

View our sample report for additional insights into the contribution of all the segments and regional opportunities in the report.

Some Companies Mentioned

    • Albéa Services SAS
    • ALPLA Werke Alwin Lehner GmbH & Co KG
    • Amcor Plc
    • Ardagh Group SA
    • Ball Corp.
    • Berry Global Group Inc.
    • Crown Holdings Inc.
    • KP Holding GmbH & Co. KG
    • SILGAN HOLDINGS INC.
    • Sonoco Products Co.
  • To gain access to more vendor profiles with their key offerings available with Technavio, Click Here

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Contract Packaging Market by End-user and Geography – Forecast and Analysis 2022-2026

Rigid Plastic Packaging Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 5.89%

Market growth 2021-2025

USD 63.73 billion

Market structure

Fragmented

YoY growth (%)

5.47

Regional analysis

APAC, Europe, North America, MEA, and South America

Performing market contribution

APAC at 57%

Key consumer countries

US, China, Germany, India, and France

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Albéa Services SAS, ALPLA Werke Alwin Lehner GmbH & Co KG, Amcor Plc, Ardagh Group SA, Ball Corp., Berry Global Group Inc., Crown Holdings Inc., KP Holding GmbH & Co. KG, SILGAN HOLDINGS INC. , and Sonoco Products Co.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Key Topics Covered:

1 Executive Summary

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 01: Parent market
    • Exhibit 02: Market characteristics
  • 2.2 Value chain analysis
    • Exhibit 03: Value chain analysis: Metal and glass containers market

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 04: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 05: Market segments
  • 3.4 Market outlook: Forecast for 2020 – 2025
    • Exhibit 06: Global – Market size and forecast 2020 – 2025 ($ billion)
    • Exhibit 07: Global market: Year-over-year growth 2020 – 2025 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 08: Five forces analysis 2020 & 2025
  • 4.2 Bargaining power of buyers
    • Exhibit 09: Bargaining power of buyers
  • 4.3 Bargaining power of suppliers
    • Exhibit 10: Bargaining power of suppliers
  • 4.4 Threat of new entrants
    • Exhibit 11: Threat of new entrants
  • 4.5 Threat of substitutes
    • Exhibit 12: Threat of substitutes
  • 4.6 Threat of rivalry
    • Exhibit 13: Threat of rivalry
  • 4.7 Market condition
    • Exhibit 14: Market condition – Five forces 2020

5 Market Segmentation by Component

  • 5.1 Market segments
    • Exhibit 15: Component – Market share 2020-2025 (%)
  • 5.2 Comparison by Component
    • Exhibit 16: Comparison by Component
  • 5.3 Bottles – Market size and forecast 2020-2025
    • Exhibit 17: Bottles – Market size and forecast 2020-2025 ($ billion)
    • Exhibit 18: Bottles – Year-over-year growth 2020-2025 (%)
  • 5.4 Containers – Market size and forecast 2020-2025
    • Exhibit 19: Containers – Market size and forecast 2020-2025 ($ billion)
    • Exhibit 20: Containers – Year-over-year growth 2020-2025 (%)
  • 5.5 Caps and closures – Market size and forecast 2020-2025
    • Exhibit 21: Caps and closures – Market size and forecast 2020-2025 ($ billion)
    • Exhibit 22: Caps and closures – Year-over-year growth 2020-2025 (%)
  • 5.6 Others – Market size and forecast 2020-2025
    • Exhibit 23: Others – Market size and forecast 2020-2025 ($ billion)
    • Exhibit 24: Others – Year-over-year growth 2020-2025 (%)
  • 5.7 Market opportunity by Component
    • Exhibit 25: Market opportunity by Component

6 Customer landscape

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 27: Market share by geography 2020-2025 (%)
  • 7.2 Geographic comparison
    • Exhibit 28: Geographic comparison
  • 7.3 APAC – Market size and forecast 2020-2025
    • Exhibit 29: APAC – Market size and forecast 2020-2025 ($ billion)
    • Exhibit 30: APAC – Year-over-year growth 2020-2025 (%)
  • 7.4 Europe – Market size and forecast 2020-2025
    • Exhibit 31: Europe – Market size and forecast 2020-2025 ($ billion)
    • Exhibit 32: Europe – Year-over-year growth 2020-2025 (%)
  • 7.5 North America – Market size and forecast 2020-2025
    • Exhibit 33: North America – Market size and forecast 2020-2025 ($ billion)
    • Exhibit 34: North America – Year-over-year growth 2020-2025 (%)
  • 7.6 MEA – Market size and forecast 2020-2025
    • Exhibit 35: MEA – Market size and forecast 2020-2025 ($ billion)
    • Exhibit 36: MEA – Year-over-year growth 2020-2025 (%)
  • 7.7 South America – Market size and forecast 2020-2025
    • Exhibit 37: South America – Market size and forecast 2020-2025 ($ billion)
    • Exhibit 38: South America – Year-over-year growth 2020-2025 (%)
  • 7.8 Key leading countries
    • Exhibit 39: Key leading countries
  • 7.9 Market opportunity by geography
    • Exhibit 40: Market opportunity by geography ($ billion)

8 Drivers, Challenges, and Trends

  • 8.2 Market challenges
    • Exhibit 41: Impact of drivers and challenges

9 Vendor Landscape

  • 9.1 Overview
    • Exhibit 42: Vendor landscape
  • 9.2 Landscape disruption
    • Exhibit 43: Landscape disruption
    • Exhibit 44: Industry risks

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 45: Vendors covered
  • 10.2 Market positioning of vendors
  • 10.3 Albéa Services SAS
    • Exhibit 47: Albéa Services SAS – Overview
    • Exhibit 48: Albéa Services SAS – Product and service
    • Exhibit 49: Albéa Services SAS – Key offerings
  • 10.4 ALPLA Werke Alwin Lehner GmbH & Co KG
    • Exhibit 50: ALPLA Werke Alwin Lehner GmbH & Co KG – Overview
    • Exhibit 51: ALPLA Werke Alwin Lehner GmbH & Co KG – Product and service
    • Exhibit 52: ALPLA Werke Alwin Lehner GmbH & Co KG – Key news
    • Exhibit 53: ALPLA Werke Alwin Lehner GmbH & Co KG – Key offerings
  • 10.5 Amcor Plc
    • Exhibit 54: Amcor Plc – Overview
    • Exhibit 55: Amcor Plc – Business segments
    • Exhibit 56: Amcor Plc – Key news
    • Exhibit 57: Amcor Plc – Key offerings
    • Exhibit 58: Amcor Plc – Segment focus
  • 10.6 Ardagh Group SA
    • Exhibit 59: Ardagh Group SA – Overview
    • Exhibit 60: Ardagh Group SA – Business segments
    • Exhibit 61: Ardagh Group SA – Key news
    • Exhibit 62: Ardagh Group SA – Key offerings
    • Exhibit 63: Ardagh Group SA – Segment focus
  • 10.7 Ball Corp.
    • Exhibit 64: Ball Corp. – Overview
    • Exhibit 65: Ball Corp. – Business segments
    • Exhibit 66: Ball Corp. – Key news
    • Exhibit 67: Ball Corp. – Key offerings
    • Exhibit 68: Ball Corp. – Segment focus
  • 10.8 Berry Global Group Inc.
    • Exhibit 69: Berry Global Group Inc. – Overview
    • Exhibit 70: Berry Global Group Inc. – Business segments
    • Exhibit 71: Berry Global Group Inc. – Key news
    • Exhibit 72: Berry Global Group Inc. – Key offerings
    • Exhibit 73: Berry Global Group Inc. – Segment focus
  • 10.9 Crown Holdings Inc.
    • Exhibit 74: Crown Holdings Inc. – Overview
    • Exhibit 75: Crown Holdings Inc. – Business segments
    • Exhibit 76: Crown Holdings Inc. – Key news
    • Exhibit 77: Crown Holdings Inc. – Key offerings
    • Exhibit 78: Crown Holdings Inc. – Segment focus
  • 10.10 KP Holding GmbH & Co. KG
    • Exhibit 79: KP Holding GmbH & Co. KG – Overview
    • Exhibit 80: KP Holding GmbH & Co. KG – Product and service
    • Exhibit 81: KP Holding GmbH & Co. KG – Key news
    • Exhibit 82: KP Holding GmbH & Co. KG – Key offerings
  • 10.11 SILGAN HOLDINGS INC.
    • Exhibit 83: SILGAN HOLDINGS INC. – Overview
    • Exhibit 84: SILGAN HOLDINGS INC. – Business segments
    • Exhibit 85: SILGAN HOLDINGS INC. – Key offerings
    • Exhibit 86: SILGAN HOLDINGS INC. – Segment focus
  • 10.12 Sonoco Products Co.
    • Exhibit 87: Sonoco Products Co. – Overview
    • Exhibit 88: Sonoco Products Co. – Business segments
    • Exhibit 89: Sonoco Products Co. – Key offerings
    • Exhibit 90: Sonoco Products Co. – Segment focus

11 Appendix

  • 11.2 Currency conversion rates for US$
    • Exhibit 91: Currency conversion rates for US$
  • 11.3 Research methodology
    • Exhibit 92: Research Methodology
    • Exhibit 93: Validation techniques employed for market sizing
    • Exhibit 94: Information sources
  • 11.4 List of abbreviations
    • Exhibit 95: List of abbreviations

About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email:[email protected] Website: 

SOURCE Technavio

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