Global Rigid Plastic Packaging Market 2020 (Includes Business Impact of COVID-19)

  • TBI795473
  • April 29, 2020
  • Global
  • 149 pages
  • Market.US
                                          

“Global Rigid Plastic Packaging Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by Trusted Business Insights. The global rigid plastic packaging market report has been segmented on the basis of raw material, production process, application, and region.

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Global Rigid Plastic Packaging Market: Introduction  Rigid plastic packaging materials are toughened plastics used in food & beverage, pharmaceutical, and personal care applications for the packaging of products. These packaging materials are widely preferred for industrial applications owing to properties such as lightweight, easily moldable, low cost, and non-corrosive. Rigid plastic packaging mainly increases the shelf life of the product. Global Rigid Plastic Packaging Market: Dynamics  Increasing demand for packaging material from the food & beverage industry is a major factor anticipated to drive the growth of the global target market. Rising demand for packaged food products in developed and developing countries is expected to boost the revenue growth of the potential market. Moreover, growing demand for rigid plastic packaging in pharmaceutical and personal care industries owing to its properties such as lightweight, strength, and durability, which is anticipated to drive the target market. However, stringent government regulations regarding the use of plastics as packaging material is expected to hamper the growth of the potential market. Global Rigid Plastic Packaging Market: Raw Material Analysis Among the raw material segments, the bioplastics segment is projected to grow at a higher growth rate in the global market. Bioplastics are manufactured from the biodegradable feedstock. Growing awareness regarding the use of bioplastics as an alternative to conventional plastics in packaging application is expected to augment the revenue growth of the segment. Global Rigid Plastic Packaging Market: Application Analysis Among the application segments, the food & beverage segment is projected to account a major share in the potential market. Increasing demand for convenience food in developing countries is estimated to support the revenue growth of the segment. Rigid packaging offers various benefits such as high stiffness, high impact strength, and high barrier properties is a major factor projected to drive the growth of the segment. Global Rigid Plastic Packaging Market: Regional Analysis The Asia Pacific rigid plastic packaging market is projected to account for a significant share in the rigid plastic packaging market. Increasing penetration of food industry in the region owing to rapid urbanization and increasing population is a key factor anticipated to drive the growth of the potential market in the Asia Pacific over a few years. Rising demand for beverages such as alcohol, dairy, and non-alcoholic beverages in the region is anticipated to support the growth of the target market. The Asia Pacific is the largest manufacturer and consumer of rigid plastics followed by North America. The rigid plastic packaging market in North America is anticipated to grow at a moderate growth rate over the next few years. Growing demand for rigid plastic packaging in various applications such as food, beverage, consumer goods, and others is expected to drive the growth of the target market in North America. Moreover, increasing spending of various oil & gas companies for plant set-up in the region is anticipated to boost the growth of rigid plastic packaging market in the Asia Pacific.

Global Rigid Plastic Packaging Market Segmentation:

Segmentation by Raw Material: Bioplastics Polyethylene Terephthalate Polyethylene Polystyrene Polypropylene Polyvinyl Chloride Others Segmentation by Production Process: Extrusion Injection Molding Thermoforming Injection Molding Others Segmentation by Application: Food & Beverage Personal Care Healthcare Industrial Packaging Others

Table of Contents
Chapter 1. Methodology and Scope                  1.1. Research Methodology                  1.2. Research Scope & Assumptions                  1.3. List of Data SourcesChapter 2. Executive SummaryChapter 3. Global Rigid Plastic Packaging Market Outlook                  3.1. Market Segmentation                  3.2. Market Size and Growth Prospects, 2016 - 2027                  3.3. Value Chain Analysis                  3.4. Market Dynamics                      3.4.1. Market driver analysis                      3.4.2. Market restraint analysis        
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