According to Business Intelligence Insights “Global Rigid Plastic Packaging Market is expected to grow from USD 195.8 billion in 2021 to USD 278.4 billion by 2030, at a CAGR of 4.5% during the forecast period 2022-2030

1. Rigid Plastic
Packaging
Market Growth
Statistics Report
2021-2030

2. Rigid Plastic Packaging Market Size
2021-2030
Market Size 2021
USD 195.8
Billion
Market Size 2030
USD 278.4
Billion
CAGR
4.5%
Leading Region
Asia
Pacific
North America
Latin America
Middle East and
Africa
Asia Pacific
Europe

3. Strong demand in major Asia-Pacific regions such as India and China, as
well as rising demand from the food and beverage packaging industries,
are driving the worldwide rigid plastic packaging market. Rigid plastic
packaging solutions are environmentally friendly, cost-effective, and
long-lasting. The two primary types of packaging are rigid packaging and
flexible packaging. The rigid plastic packaging business has essentially
supplanted traditional packaging forms such as glass bottles and jars,
cartons, and metal cans. Rigid plastic packaging is typically preferred
over traditional pack types for a variety of reasons, including reduced
weight, lower comparative cost, design flexibility, and ease of recycling.
Market
Overview: In the future, rising demand for biodegradable rigid plastic packaging is
likely to drive market expansion. Additionally, the shift toward beverages
and other household care goods benefits the rigid plastic packaging
sector. Furthermore, rising urbanization leads to market expansion.
Furthermore, rising disposable income will have a beneficial impact on
market growth in the near future. The increasing demand for rigid plastic
packaging from the healthcare industry is also one of the important
elements driving market expansion in recent years. Rigid plastic assists
healthcare organizations in protecting medicines from contamination. The
packaging of medical products must meet worldwide regulatory standards
for safety. As a result, the features of rigid plastic, as well as its durability,
lightweight, cleanliness, and transparency, make it an ideal choice for
keeping medical equipment. Demand for bicycle wheels, containers, and
electrical switches is driving the worldwide rigid plastic packaging industry
forward. Furthermore, the expansion of the automotive industry is
expected to boost the market growth.

4. Market Dynamics

5. • APAC packaging industry
expansion.
• The food and beverage
packaging business are in high
demand.
Market Drivers
• Strict guidelines.
Flexible plastic packaging poses
a significant threat.
Market Restraint
Market Drivers, Restraint, Opportunities:

6. Segmentation Insights

7. By Region
By
Application
By Raw
Materials
By Type
Market
Segmentation
All the segments are evaluated by
taking into consideration the historic
and future trends. All the segments
with the dominating & fastest growing
sub-segments and the factors
responsible for the same are studied
and are mentioned in the report.

8. Bottles & Jars category dominated the market with a major
share of the market share
In terms of value, the bottles and jars category held the largest
share of the rigid plastic packaging market throughout the
projected period and is expected to grow at the quickest CAGR.
Rigid plastic bottles are used to package water, juices,
carbonated soft beverages, cosmetics, culinary goods, personal
care products, and pharmaceuticals. Most of these bottles and
jars are made of PET, PE, PP, HDPE, PS, or PVC. The growing retail
industry, along with increased consumer disposable income.
Market expansion is being driven by rising population,
urbanization, and increased demand for beverages and home
care products.
Segmentation
Insights:

9. Regional Insights

10. Asia Pacific dominated the market with a major share of the
market share
The Asia-Pacific region accounts for the majority of the market
share. This is primarily owing to India's and China's emerging
economies. The market is expected to expand due to the
increased use of rigid plastic packaging in the food, beverage,
and healthcare industries. Factors such as rising disposable
income, rising consumer expenditure, and a growing population
are projected to enhance demand for consumer goods, which
will support the expansion of the Asia-Pacific plastic packaging
market. Furthermore, the rise of nations such as India, China,
and Indonesia propels the Asia-Pacific region to dominate the
worldwide beauty and personal care packaging demand.
Regional
Insights:

11. Kkk Market Segmentation Analysis
By Type: (Bottles & Jars, Rigid Bulk
Products, Trays, Tubs, Cups, Pots,
and Others)
01
By Raw Materials: (Polyethylene (PE),
Polyethylene Terephthalate (PET), Polystyrene
(PS), Polypropylene (PP), Polyvinyl Chloride
(PVC), Expanded Polystyrene (EPS), Bioplastics,
and Others (PC, Polyamide)
02
By Application : (Food, Beverages,
Healthcare, Cosmetics & Toiletries,
Industrial, and Others)
03
By regional North America, Europe, Asia
Pacific, Latin America Middle East and Africa
04

12. Key Player Analysis
Company Share & Revenue, Strategy, Product
Portfolio
Competitive landscape and dynamics:
Market share, product portfolio, product launches,
etc.
Market environment analysis:
Growth drivers and constraints, Porter’s five forces
analysis, SWOT analysis
Market structure:
Overview, industry life cycle analysis, supply chain
analysis
Key Features of the Report

13. Key Players Analysis

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