Rigid Packaging Market Size - By Material (Plastics, Metal, Paper & Paperboard, Glass, Bioplastic), by Application (Cereal boxes, Glass bottles of spirits, Cans of soup, Laundry detergent bottles, Trays, Containers), by End User (Food & Beverages, Healthcare & Pharmaceutical, Personal care, Electrical & Electronics, Chemical Industry, Industrial) & Region - Forecasts 2023 - 2033
- PUBLISHED ON
- 2024-09-27
- NO OF PAGES
- 257
- CATEGORY
- Packaging
Global Rigid Packaging Market Analysis by Material, Application, End use and Region and segments forecast till 2033
Market Overview
The global Rigid Packaging market was worth USD 198,900 million in 2022 and is anticipated to amplify at a CAGR of 5.53% over 2023-2033, thereby accumulating USD 322,730 million by end of the analysis timeline.
Report Scope
Report Attributes | Description |
Market Size in 2022 | USD 198,900 Million |
Market Forecast in 2033 | USD 322,730 Million |
CAGR % 2023-2033 | 5.53% |
Base Year | 2022 |
Historic Data | 2020-2021 |
Forecast Period | 2023-2033 |
Report USP | Production, Consumption, company share, company heatmap, company production capacity, growth factors and more |
Segments Covered | Material, Application, End use |
Regional Scope | North America, Europe, APAC, South America and Middle East and Africa |
Country Scope | U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia; China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria |
Key Companies | ALPLA, Amcor Limited, Ardagh Group S.A., Ball Corporation, Berry Plastics Corporation, Brambles, Altium Packaging, Coveris Holdings S.A., DS Smith Plc, Schutz GmbH and Co., Sealer Air Corporation, Silgan Holdings, Inc., Sirap Group, Sonoco, Tetra Pak International, Vetropack Holding, WestRock Company, Georgia-Pacific Corporation, Holmen AB, IPL Plastics, Menasha Corporation, Myers Industries, Nefab Group, Plastipak Holdings, Inc., Rehrig Pacific Company, RESILUX NV, Schoeller Allibert, and Others |
Rigid Packaging refers to the utilization of stronger and heavier materials such as glass, cardboard, wood, metal, and rigid plastics for product packaging. The method is predominantly used to prevent the inner contents of a product from getting deformed or spoilt. Moreover, it also offers heat resistance while providing better structure and support to the products. Rigid Packaging comes in a variety of forms such as aluminum cans, glass jars, singly ply, plastic boxes, among others.
The escalating demand for bio-friendly and sustainable packaging methods and booming consumer goods industry are primarily augmenting the outlook of this industry sphere. Furthermore, technological innovations in the field, low costs associated with Rigid Packaging, and widespread evolution in the e-commerce sector are positively swaying the market dynamics. Alongside, ability of this packaging method to prevent product deformation and spoilage is creating lucrative opportunities for the market to prosper.
Moreover, increasing demand for Rigid Packaging from food & beverage, biopharmaceutical, and chemical industries is adding momentum to the industry progression. Besides, surging efforts of manufacturers to develop advanced and eco-friendly packaging methods is stimulating the overall growth of the marketplace. On the downside, increasing adoption of flexible packaging, volatility in raw material prices, and strict regulatory standards related to the use of plastics are obstructing the industry remuneration scope.
Also, the outrage of the COVID-19 pandemic adversely impacted the development of the worldwide Rigid Packaging industry. The imposition of strict containment regulations including indefinite lockdowns across major economies brought all the manufacturing activities to a standstill. Moreover, it also led to a massive disruption in the supply chain network, which in turn hindered the overall market progression.
With surging internet penetration, the consumers have started to shift their inclination towards online shopping. It is important to adopt strong and durable packaging methods in this sector so as to ensure that the products reach the doorsteps of customers without any potential damage. Therefore, materials like cardboard, ply, and plastic boxes are predominantly used as packaging entities in the e-commerce industry. This in turn is creating an upward trend for the overall market sphere.
Manufacturers across the globe have shifted their focus towards introducing highly innovative products in the field. This is mainly aimed at adhering to the strict environmental regulations pertaining to packaging procedures, which have been formulated by concerned authorities across numerous regions. By adopting advanced technologies, market players are developing sustainable, recyclable, and eco-friendly packaging products, which in turn is adding momentum to the industry expansion.
Material Insights
The plastics segment is poised to garner significant returns ascribing to the benefits offered by plastics such as high strength, stability, and flexibility.
Application Insights
The cans of soup segment is slated to amass notable gains over the assessment timeline due to the growing consumption of convenience food across the globe.
End Use Insights
The personal care segment is predicted to capture a high market share over the stipulated timeline owing to the surging cognizance regarding health and wellness in numerous nations.
Regional Insights
North America, Middle East & Africa, Latin America, Europe, and Asia Pacific are the major regions defining the geographical terrain of this business sphere. Among these, Asia Pacific is presently dominating the overall market in terms of revenue share. This is credited to the increasing consumer inclination towards online shopping, prompt urbanization, and the booming manufacturing sector. Meanwhile, North America is projected to amplify with a substantial CAGR over 2022-2030 attributable to the presence of noteworthy players, Rigid Packaging regulations, and surging e-commerce sales.
Competitive Analysis
The prominent players operating in the industry vertical are ALPLA, Amcor Limited, Ardagh Group S.A., Ball Corporation, Berry Plastics Corporation, Brambles, Altium Packaging, Coveris Holdings S.A., DS Smith Plc, Schutz GmbH and Co., Sealer Air Corporation, Silgan Holdings, Inc., Sirap Group, Sonoco, Tetra Pak International, Vetropack Holding, WestRock Company, Georgia-Pacific Corporation, Holmen AB, IPL Plastics, Menasha Corporation, Myers Industries, Nefab Group, Plastipak Holdings, Inc., Rehrig Pacific Company, RESILUX NV, Schoeller Allibert, and Others.
Notably, in January 2020, Sonoco announced the acquisition of Plastic Holdings, Ltd and Thermoform Engineered Quality, LLC to enhance its product offerings and tap into emerging economies.
Global Rigid Packaging market- Segmental Analysis
By Material
· Plastics
· Metal
· Paper & Paperboard
· Glass
· Bioplastic
· Others
By Application
· Cereal boxes
· Glass bottles of spirits
· Trays
· Containers
· Cans of soup
· Laundry detergent bottles
· Others
By End Use
· Food & Beverages
· Healthcare & Pharmaceutical
· Electrical & Electronics
· Personal Care
· ndustrial
· Chemical Industry
· Others
Why to buy this Report?
The report provides quantitative and qualitative aspect for Rigid Packaging market in terms of value and volume, along with supporting market trends, challenges, restraints.
The report provides an in depth analysis from both production and consumption point of view at the regional and country level. Key Factors considered within the report scope are Production capacity by countries/regions, average price, consumption ratio, revenue earned and gross margin.
The report provides competitive analysis of around 30-50 companies operated in Rigid Packaging market, these companies are bifurcated into niche players, the leaders and major contenders. The companies are analyzed in terms of following factors such as:
• Business Model
• Production Capacity, Revenue, Sales, Gross Margin
• Key Business Strategy
• SWOT Analysis
In terms of competitive landscape, the report provides distinctive factors that would help the end user in taking a key decision within the business:
• Company Share Analysis from 2020-2022
• Company Analysis by Revenue and Sales
• Company Production Capacity, Gross Margin
• Company Share Analysis by Application/End Use
• Company Share Analysis by Product/Specification
1. Global Rigid Packaging Market Introduction and Market Overview
1.1. Objective of the Market Research Study
1.2. Rigid Packaging Market Definition & Description
1.3. Research Data Parameters & Reporting Timelines
1.3.1. Historical Data Reporting Years – 2020 to 2021
1.3.2. Projected Data Reporting Years – 2022 to 2033
1.3.3. Reporting Data Parameters – Value (US$ Million) & Volume (Kilo Tons)
1.4. Global Rigid Packaging Market Scope and Market Estimation
1.4.1. Global Rigid Packaging Overall Market Size (US$ Million) & (Kilo Tons), Market CAGR (%), Market Estimates & Forecast (2020 to 2033)
1.4.2. Global Rigid Packaging Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2020 to 2033
1.5. Rigid Packaging Market Segmentation
1.5.1. Material of Global Rigid Packaging Market
1.5.2. Application of Global Rigid Packaging Market
1.5.3. End User of Global Rigid Packaging Market
1.5.4. Key Regions of Global Rigid Packaging Market
2. Global Rigid Packaging Market - Executive Summary
2.1. Global Rigid Packaging Market – Summary & Snapshot
2.2. Global Rigid Packaging Market, By Material (US$ Million) & (Kilo Tons)
2.3. Global Rigid Packaging Market, By Application (US$ Million) & (Kilo Tons)
2.4. Global Rigid Packaging Market, By End User (US$ Million) & (Kilo Tons)
2.5. Global Rigid Packaging Market, By Geography (US$ Million) & (Kilo Tons)
2.6. Global Rigid Packaging Market Outlook & Future Opportunities
3. Rigid Packaging Market Trends, Outlook, and Factors Analysis
3.1. Global Rigid Packaging Market Industry Development Trends under COVID-19 Outbreak
3.1.1. Global COVID-19 Status Overview
3.1.2. Influence of COVID-19 Outbreak on Global Rigid Packaging Market Industry Development
3.1.3. Pre & Post COVID-19 Trends and Scenarios
3.2. Market Dynamics (Growth Impacting Factors & Rationales)
3.2.1. Drivers
3.2.1.1. High Growth in transportation & logistic sector across the globe
3.2.1.2. Growing E-commerce Industry
3.2.1.3. Increasing demand from food & Beverage packaging industry.
3.2.2. Restraints
3.2.2.1. Growing popularity of flexible packaging
3.2.2.2. Uncertain raw material prices
3.2.3. Opportunities
3.2.3.1. Improving Packaging recycling rates globally
3.2.3.2. Increasing demand from the consumer goods sector
3.2.4. Impact Analysis of Drivers and Restraints
3.3. Ecosystem/ Value Chain Analysis
3.4. Porter’s Five Forces Analysis
3.5. SWOT Analysis
3.6. PEST Analysis
3.7. Average Selling Prices and Pricing Trends Analysis of Rigid Packaging Market
3.8. Technological Roadmap
3.9. Key Investment Pockets of Rigid Packaging Market
3.9.1. By Material
3.9.2. By Application
3.9.3. By End User
3.9.4. By Regions
4. Global Rigid Packaging Market: Estimates & Historic Trend Analysis (2020 to 2021)
4.1. Global Rigid Packaging Market, 2020 – 2021 (US$ Million) & (Kilo Tons)
4.2. Global Rigid Packaging Market, By Material, 2020 to 2021 (US$ Million) & (Kilo Tons)
4.3. Global Rigid Packaging Market, By Application, 2020 to 2021 (US$ Million) & (Kilo Tons)
4.4. Global Rigid Packaging Market, By End User, 2020 to 2021 (US$ Million) & (Kilo Tons)
4.5. Global Rigid Packaging Market, By Region, 2020 to 2021 (US$ Million) & (Kilo Tons)
5. Global Rigid Packaging Market Estimates & Forecast Trend Analysis, by Material
5.1. Global Rigid Packaging Market Share (%) Estimates and Forecasts, by Material, 2022 & 2033
5.2. Global Rigid Packaging Market (US$ Million) & (Kilo Tons) Estimates and Forecasts, by Material, 2022 to 2033
5.2.1. Plastics
5.2.2. Metal
5.2.3. Paper & Paperboard
5.2.4. Glass
5.2.5. Bioplastic
5.2.6. Others
6. Global Rigid Packaging Market Estimates & Forecast Trend Analysis, by Application
6.1. Global Rigid Packaging Market Share (%) Estimates and Forecasts, by Application, 2022 & 2033
6.2. Global Rigid Packaging Market (US$ Million) & (Kilo Tons) Estimates and Forecasts, by Application, 2022 to 2033
6.2.1. Cereal boxes
6.2.2. Glass bottles of spirits
6.2.3. Cans of soup
6.2.4. Laundry detergent bottles
6.2.5. Trays
6.2.6. Containers
6.2.7. Others
7. Global Rigid Packaging Market Estimates & Forecast Trend Analysis, by End User
7.1. Global Rigid Packaging Market Share (%) Estimates and Forecasts, by End User, 2022 & 2033
7.2. Global Rigid Packaging Market (US$ Million) & (Kilo Tons) Estimates and Forecasts, by End User, 2022 to 2033
7.2.1. Food & Beverages
7.2.2. Healthcare & Pharmaceutical
7.2.3. Personal care
7.2.4. Electrical & Electronics
7.2.5. Chemical Industry
7.2.6. Industrial
7.2.7. Others
8. Global Rigid Packaging Market Analysis and Forecast, by Region
8.1. Global Rigid Packaging Market Share (%) Estimates and Forecasts, by Region, 2022 & 2033
8.2. Global Rigid Packaging Market (US$ Million) & (Kilo Tons) Estimates and Forecasts, by Region, 2022 to 2033
8.2.1. North America
8.2.2. Europe
8.2.3. Asia Pacific
8.2.4. Middle East and Africa
8.2.5. Latin America
9. North America Rigid Packaging Market: Estimates & Forecast Trend Analysis
9.1. North America Rigid Packaging Market Assessments & Key Findings
9.2. North America Rigid Packaging Market Share (%) Estimates and Forecasts, 2022 & 2033
9.3. North America Rigid Packaging Market Size Estimates and Forecast (US$ Million) & (Kilo Tons) (2022 to 2033)
9.3.1. By Material
9.3.2. By Application
9.3.3. By End User
9.3.4. By Major Country
9.3.4.1. The U.S.
9.3.4.2. Canada
10. Europe Rigid Packaging Market: Estimates & Forecast Trend Analysis
10.1. Europe Rigid Packaging Market Assessments & Key Findings
10.2. Europe Rigid Packaging Market Share (%) Estimates and Forecasts, 2022 & 2033
10.3. Europe Rigid Packaging Market Size Estimates and Forecast (US$ Million) & (Kilo Tons) (2022 to 2033)
10.3.1. By Material
10.3.2. By Application
10.3.3. By End User
10.3.4. By Major Country
10.3.4.1. Germany
10.3.4.2. The U.K.
10.3.4.3. France
10.3.4.4. Italy
10.3.4.5. Spain
10.3.4.6. Rest of Europe (includes all other European countries)
11. Asia Pacific Rigid Packaging Market: Estimates & Forecast Trend Analysis
11.1. Asia Pacific Rigid Packaging Market Assessments & Key Findings
11.2. Asia Pacific Rigid Packaging Market Share (%) Estimates and Forecasts, 2022 & 2033
11.3. Asia Pacific Rigid Packaging Market Size Estimates and Forecast (US$ Million) & (Kilo Tons) (2022 to 2033)
11.3.1. By Material
11.3.2. By Application
11.3.3. By End User
11.3.4. By Major Country
11.3.4.1. China
11.3.4.2. Japan
11.3.4.3. India
11.3.4.4. ASEAN
11.3.4.5. South Korea
11.3.4.6. Rest of Asia Pacific (includes all other Asia Pacific countries)
12. Middle East & Africa Rigid Packaging Market: Estimates & Forecast Trend Analysis
12.1. Middle East & Africa Rigid Packaging Market Assessments & Key Findings
12.2. Middle East & Africa Rigid Packaging Market Share (%) Estimates and Forecasts, 2022 & 2033
12.3. Middle East & Africa Rigid Packaging Market Size Estimates and Forecast (US$ Million) & (Kilo Tons) (2022 to 2033)
12.3.1. By Material
12.3.2. By Application
12.3.3. By End User
12.3.4. By Major Country
12.3.4.1. GCC
12.3.4.2. South Africa
12.3.4.3. Egypt
12.3.4.4. Rest of Middle East & Africa (includes all other Middle East & Africa countries)
13. Latin America Rigid Packaging Market: Estimates & Forecast Trend Analysis
13.1. Latin America Market Assessments & Key Findings
13.2. Latin America Rigid Packaging Market Share (%) Estimates and Forecasts, 2022 & 2033
13.3. Latin America Rigid Packaging Market Size Estimates and Forecast (US$ Million) & (Kilo Tons) (2022 to 2033)
13.3.1. By Material
13.3.2. By Application
13.3.3. By End User
13.3.4. By Major Country
13.3.4.1. Brazil
13.3.4.2. Mexico
13.3.4.3. Rest of Latin America (includes all other Latin America countries)
14. Competitive Landscape
14.1. Market Revenue Share Analysis (%), by Major Players (2021)
14.2. Market Competition Matrix, by Leading Players
14.3. List of Emerging, Prominent and Leading Players
14.4. Major Mergers & Acquisitions, Partnership, Joint Venture, Expansions, Deals, Recent Developments, etc.
15. Company Profiles
15.1. ALPLA
15.1.1. Company Overview & Insights
15.1.2. Financial Performance
15.1.3. Type / Service Portfolio
15.1.4. Geographical Footprint & Share
15.1.5. Strategic Initiatives & Key Developments
*Similar details would be provided for all the players mentioned below
15.2. Amcor Limited
15.3. Ardagh Group S.A
15.4. Ball Corporation
15.5. Berry Plastics Corporation
15.6. Brambles
15.7. Altium Packaging
15.8. Coveris Holdings S.A
15.9. DS Smith Plc
15.10. Schutz GmbH and Co
15.11. Sealed Air Corporation
15.12. Silgan Holdings, Inc.
15.13. Sirap Group
15.14. Sonoco
15.15. Tetra Pak International
15.16. Vetropack Holding
15.17. WestRock Company
15.18. Georgia-Pacific Corporation
15.19. Holmen AB
15.20. IPL Plastics
15.21. Menasha Corporation
15.22. Myers Industries
15.23. Nefab Group
15.24. Plastipak Holdings Inc.
15.25. Rehrig Pacific Company
15.26. RESILUX NV
15.27. Schoeller Allibert
15.28. Others
16. Assumptions and Research Methodology
16.1. Data Mining
16.2. Secondary Research
16.3. Primary Research
16.4. Subject Matter Expert Advice
16.5. Quality Check
16.6. Final Review
16.7. Data Triangulation
16.8. Bottom-Up Approach
16.9. Top Down Approach
16.10. Research Flow
16.11. Key Insights from Industry Experts
16.12. Data Applications
16.13. Assumptions
16.14. Limitations
17. Conclusions and Recommendations
17.1. Key Research Findings and Conclusion
17.2. Key Insights & Recommendations from Analysts
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