The global rigid packaging market is expected to reach approximately $755 billion by 2024, driven by the increasing demand for sustainable, innovative, and eco-friendly packaging solutions. Competition exists between rigid and flexible packaging, with a notable shift towards customization and the use of alternative materials like glass, metal, and wood. Key regions for growth are Asia Pacific and Europe, where technological advancements and consumer preferences for food safety are influencing market dynamics.

1. Mounting Demand for Eco-friendly, Durable, and Robust Packaging Solutions to Boost
Market Growth
The packaging sector has witnessed a considerable evolution over the past decade. Due
to growing demand for sustainable packaging solutions to innovative and user-friendly
packaging alternatives, the packaging sector is undergoing significant developments.
Within the packaging industry, competition is expected to be intense between flexible
packaging solutions and rigid packaging solutions. Flexible and rigid packaging are both
deployed across an array of industrial domains, including food & beverages, consumer
goods, healthcare & pharmaceuticals, and chemicals. Rigid packaging solutions include
glass containers, plastic boxes, cans, and cardboards, which are increasingly being used
to package food, cosmetics, and personal care products.
Although rigid packaging alternatives are marginally expensive and heavier than flexible
packaging solutions, they offer improved protection from heat and other external
factors, including moisture. Stakeholders in the rigid packaging market are increasingly
focusing on the development of innovative rigid packaging solutions and product
development. Due to the growing concerns over the use of single-use plastic, other
grades of plastics are being utilized in the development of rigid plastic solutions. Due to
the mounting demand for sustainable and eco-friendly rigid packaging solutions, glass,
wood, and metal packaging alternatives are gaining popularity in the global rigid
packaging market. The rigid packaging market is expected to reach a value of ~US$ 755
Bn by the end of 2024.

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Stakeholders Focus on Innovations and Customization
Due to growing consumer interest for flexible packaging solutions, players in the rigid
packaging market are likely to focus on two major areas to stay relevant: innovations
and customizations. At present, customization is a growing trend within the rigid
packaging market and at the current rate, it is likely to remain a pivotal factor that is
expected to drive the growth of the market for rigid packaging.
The use of plastic continues to garner significant attention and thus, production of rigid
packaging solutions made from other materials has increased in the past few years. The
growing popularity of flexible packaging solutions has played an imperative role in
persuading players in the rigid packaging market to focus on the production of
innovative packaging solutions that not only cater to regulations pertaining to re-
usability and recyclability but also adhere to environmental regulations. Some of the
other factors that are likely to impact the growth of the rigid packaging market during
the forecast period include significant developments in technology, urbanization, and
growing adoption of recyclable plastic in a range of end-use industries such as personal
care & cosmetics, food & beverages, etc.

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Another factor that is anticipated to boost the demand for rigid packaging is the rising
awareness related to food safety. Stakeholders in the food & beverages industry are
eyeing efficient rigid packaging solutions to address these consumer concerns.
Moreover, experts in the packaging domain are of the opinion that rigid packaging
solutions will also play an important role in improving food supply and enhancing long-
term storage. In their bid to improve their footprint in the current rigid packaging
market, stakeholders are expected to tap plethora of opportunities presented by the
market in Asia Pacific and Europe.
Focus on Recycling and Sustainability Intensifies Across Europe
On the regional front, Europe will remain the second most lucrative market for rigid
packaging market after Asia Pacific. The introduction of the ‘Close the Glass Loop’
program by the European glass packaging industry is expected to provide an impetus to
recycling rates of glass packaging across the region, and likely to reach
around 90% during by 2030. The new EU rules to improve the overall recycling targets
for glass packaging will play a key role in the adoption of sustainable and recyclable
activities. The program, which is at a nascent stage, is projected to gain substantial
traction during the forecast period. The objective of the program is to unite the various
stakeholders in the rigid packaging market, particularly dealing with glass packaging
solutions to boost the recycling collection rate. In addition, the growing demand for
glass rigid packaging solutions is likely to play an imperative role in minimizing the
dependency on natural resources for packaging.

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Analysts’ Viewpoint
The global rigid packaging market is expected to grow at a CAGR of ~3% during the
forecast period. The growth of the market can be attributed to reliance on the adoption of
new packaging materials, including glass, metal, and wood. The meteoric demand for
sustainable packaging solutions is expected to propel the demand for rigid packaging
solutions across a host of end-use industries worldwide. Asia Pacific and Europe are likely
to emerge as key regions for the rigid packaging market. Stakeholders in the current
market landscape should focus on product development, innovation, and deployment of
sustainable materials.
Rigid Packaging Market: Overview
 According to Transparency Market Research’s latest report on the global rigid packaging
market for the historical period of 2014-2018 and forecast period of 2019-2024, the
market is anticipated to be driven by the increasing demand for packaging that offers

5. aseptic, damage-free, or spill-free protection during transit. The global rigid packaging
market is projected to expand 1.2x its current market value by the end of 2024.
Advantages of Using Rigid Packaging over Flexible Packaging to Propel Market Growth
 Rigid packaging encompasses boxes, trays, containers, cans, bottles, jars and many other
formats. This type of packaging provides good support to vulnerable products when
displayed on shelves. The rigid packaging market accounts for over 68% of the packaging
market, and traditionally, rigid packaging was the most common format for packaging. In
the last decade, flexible packaging gained traction rapidly. Packaging manufacturers
preferred to use flexible packaging due to its technological advancements and ability to
reduce the carbon footprint of the packaging.
 However, there are various applications where rigid packaging is essential, such as handling
of products in bulk quantity, providing an isolated inert environment for the product
storage, and shipment of goods safely over long distances from one part of the world to
another. Moreover, use of rigid packaging ensures spill-proof packaging of liquid products,
chemicals and minerals.
 Use of rigid packaging for bulk and heavy-duty packaging and secondary packaging are
some of the major factors contributing to the growth of the rigid packaging market.
Growth in Value-added Manufacturing and Greater Spending on Packed Goods to Boost
Demand for Rigid Packaging
 The global rigid packaging market is expected register a significant CAGR in the next
decade. Advanced technology, increasing production capabilities, and increasing consumer
spending on packed goods are factors contributing to the substantial growth of the rigid
packaging market.
 As per TMR analysis, the food and beverage industries are expected to hold maximum
market share during the forecast period of 2019-2024. End users show more preference for
bottles and jars for the storage of liquid products such as cold drinks and sauces. Moreover,
consistently increasing demand for rigid packaging is witnessed from the consumer goods
industry.
 Most end users prefer rigid packaging over flexible packaging, as the latter requires special
sealing and measuring equipment to prevent overfilling and bursting. Rigid packaging
simplifies the storage and shipping of products as it offers easy stacking and has a low
tendency of deformation.
Paper and Paperboard Material to Emerge as Preferred Material for Manufacturers of
Rigid Packaging
 Rigid packaging is manufactured from denser and thick material. The paper& paperboard
segment is expected to account for nearly 36% of the rigid packaging market, as this type
of packaging is eco-friendly and easy to recycle.

6.  Plastic containers are expected to gain more traction during the forecast period,
attributable to the easy customization and visual appeal of these containers. Moreover,
these plastic containers are manufactured in accordance with regulations of the FDA for
food contact materials, which makes them suitable for packaging various food products.
China to Dominate Global Market with High Production Capability
 TMR team analyzed the top five leading countries which generate prominent market share
in 2018 (the U.S, China, Brazil, France, and GCC Countries) in its global rigid packaging
market report. China is anticipated to be the leading market for rigid packaging.
 Key players made million-dollar investments for acquisitions and business expansion in the
Asia Pacific region in the past year. Key players emphasized on business development,
owing to the growth of the food and beverages and pharmaceuticals industries in the Asia
Pacific region. The easy availability of resources and cost-effectiveness in manufacturing
rigid packaging makes it profitable for key players to invest in the Asia Pacific region.
High Preference for Lightweight Flexible Packaging Hindering Growth of Rigid
Packaging Market
 The shift from conventional rigid packaging to the new and advanced flexible form of
packaging hampers the growth of the rigid packaging market. The volume of raw material
required for manufacturing rigid packaging is substantially higher than that required for
flexible packaging, which makes it an unattractive option for packaging manufacturers.
Increasing consumer preference for lightweight and durable packaging is also supporting
adoption of flexible packaging, which restricts growth of the rigid packaging market.
However, concerns of regulatory authorities regarding lack of proper disposal of waste
generated by flexible packaging can provide new opportunities for players in the rigid
packaging market.
Global Rigid Packaging Market - Competition Landscape
 Amcor Limited, DS Smith Plc.,
 Holmen AB
 Georgia-Pacific LLC
 Berry Plastics Corporation
 Reynolds Group Holdings Limited
 Sealed Air Corporation
 RESILUX NV
 Mondi Group

7. are some of the key players of global rigid packaging market. Among these players,
Reynolds Group Holdings Ltd., and Georgia-Pacific LLC hold a maximum market share in
the global rigid packaging market. The intensity of competition is estimated to be high
in the global rigid packaging market, attributable to the presence of small- and
medium-sized manufacturers.
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