Rigid Food Packaging Market: Segmented by Material (Plastic, Metal, Paper & Paperboard, Glass and Bioplastic); By Application (Food & beverages, Pharmaceuticals, Personal care and Others); and Region – Global Analysis of Market Size, Share & Trends for 2019–2020 and Forecasts to 2030

  • Report Code : FAT2598715
  • Published On: Jul, 2021
  • Category : Packaging
  • Pages : 171

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  • [178+ Pages Research Report] Global Rigid Food Packaging Market to surpass USD 934.73 billion by 2030 from USD 564.95 billion in 2020 at a CAGR of 6.9% in the coming years, i.e., 2021-30. The market's growth is being fueled by strong growth in the transportation and logistics sector around the world.

    Product Overview

    The process of enclosing or covering finished food items for delivery, storage, sale, and end-use is known as packaging. Rigid packaging has become increasingly relevant in the food and beverage industry because it extends the shelf life of packaged foods. Bottles, cans, ampules, aerosol containers, aluminum bottles, and jars are examples of rigid packaging containers. As compared to other forms of packaging, rigid plastic packaging containers provide distinct advantages such as high impact strength, stiffness, and barrier properties, all of which have contributed to the growth of the rigid plastic packaging medium market in recent years.

    Market Highlights

    Global Rigid Food Packaging market is expected to project a notable CAGR of 6.9% in 2030.

    Booming e-commerce industry around the world is driving demand for rigid packaging. Many customers are switching from conventional shopping to online shopping for a variety of reasons, including the availability of various products, faster delivery, simpler return policies, and free shipping. Furthermore, the trade-related agreement among countries is boosting the market's growth.

    Global Rigid Food Packaging Market: Segments

    Plastic segment to grow with the highest CAGR during 2020-30

    Global Rigid Food Packaging market is segmented by material into Plastic, Metal, Paper & Paperboard, Glass, and Bioplastic. Plastic segment held the largest market share in the year 2020. Plastic's advantages, such as high strength and stability, have made it a common material for rigid packaging. Furthermore, it can be shaped into a variety of shapes and sizes without sacrificing consistency. Aluminum, stainless steel, and tin are among the metals used. Aluminum is the most common metal used in rigid packaging. Metals are used to make a variety of packaging materials, including containers and cans. Because of their immense strength and toughness, metals are often used. It's most widely used as a tertiary source of packaging, forming the outermost packaging layer that doesn't come into direct contact with the product.

    Food & beverages segment to grow with the highest CAGR during 2020-30

    Global Rigid Food Packaging market is divided by application into Food & beverages, Pharmaceuticals, Personal care, and Others. Over the forecast period, the Food & beverages segment is projected to expand at the fastest pace. Increased demand for packaged food as a result of shifting lifestyles is expected to be one of the segment's key growth drivers. The booming beverage industry, which is driven by goods like liquor and energy drinks, is driving up demand for rigid packaging. Pharmaceutical packaging is done to protect drugs from being infected and to keep microbial growth at bay. Drugs with proper packaging have a longer shelf life. The demand for rigid packaging is expected to rise as spending on medicines and medical devices rises.

    Market Dynamics

    Drivers

    Increased Storage Period and Surging Demand from End Users

    The market for rigid packaging is expected to expand in response to rising demand for industrial bulk packaging across a variety of industries. The growing use of pails, drums, and kegs in bulk packaging is expected to drive rigid packaging market development. Furthermore, rigid intermediate bulk containers (RBCs) are gaining popularity in the packaging industry as a means of simplifying handling and transportation, resulting in market expansion.

    Environmental Concerns

    The market is expected to expand due to the increasing use of paperboard in rigid packaging for environmental reasons. Paper and paperboard can be reused several times, making them an excellent packaging material that also helps to reduce total packaging costs. As a result, the growing need for environmental sustainability is fueling demand for paper-based rigid packaging, which is driving rigid packaging market development.

    Restraint

    Competition from Local Manufacturers and High Costs Associated with Market

    The use of rigid packaging is expected to be limited as the demand for flexible packaging materials grows. This aspect is expected to stifle the growth of the rigid packaging industry. Strict rules and regulations are expected to stifle demand growth due to increasing concerns about the use of single-use plastic and other grades of plastic in rigid packaging.

    Global Rigid Food Packaging Market: Key Players

    Reynolds Group Holdings Limited

    Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis

    Sealed Air Corporation

    Mondi Group

    Amcor Limited

    Bemis Company

    DS Smith Plc.

    Holmen AB

    Georgia-Pacific LLC

    Berry Plastics Corporation

    Other Prominent Players

    Global Rigid Food Packaging Market: Regions

    Global Rigid Food Packaging market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa.

    Global Rigid Food Packaging in the Asia Pacific held the largest market share in the year 2020. The pharmaceutical and food and beverage industries are rapidly expanding in this area. Furthermore, emerging economies such as China and India are expected to see a significant increase in rigid packaging demand over the forecast period. In North America, the United States was the leading income contributor. In 2020, the most common material in this area was plastic. One of the main drivers of the regional market is the robust development of the food and beverage industry. Regulations requiring recycling and material protection in order to preserve environmental balance are driving demand for bioplastic packaging.

    Global Rigid Food Packaging Market is further segmented by region into:

    North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada

    Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America

    Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe

    Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC

    Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA

    Global Rigid Food Packaging Market report also contains analysis on:

    Rigid Food Packaging Market Segments:

    By Material

    Plastic

    Metal

    Paper & Paperboard

    Glass

    Bioplastic

    By Application

    Food & beverages

    Pharmaceuticals

    Personal care

    Others

    Rigid Food Packaging Market Dynamics

    Rigid Food Packaging Market Size

    Supply & Demand

    Current Trends/Issues/Challenges

    Competition & Companies Involved in the Market

    Value Chain of the Market

    Market Drivers and Restraints

    Rigid Food Packaging Market Report Scope and Segmentation

    Frequently Asked Questions

    How big is the Rigid Food Packaging market

    What is the Rigid Food Packaging market growth

    Which segment accounted for the largest Rigid Food Packaging market share

    Who are the key players in the Rigid Food Packaging market

    What are the factors driving the Rigid Food Packaging market

     

  • With tables and figures helping analyze worldwide Rigid Food Packaging market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

    Contents

    1. Executive Summary

    2. Global Rigid Food Packaging Market

    1. Product Overview

    2. Market Definition

    3. Segmentation

    4. Assumptions and Acronyms

    3. Research Methodology

    1. Research Objectives

    2. Primary Research

    3. Secondary Research

    4. Forecast Model

    5. Market Size Estimation

    4. Average Pricing Analysis

    5. Macro-Economic Indicators

    6. Market Dynamics

    1. Growth Drivers

    2. Restraints

    3. Opportunity

    4. Trends

    7. Correlation & Regression Analysis

    1. Correlation Matrix

    2. Regression Matrix

    8. Recent Development, Policies & Regulatory Landscape

    9. Risk Analysis

    1. Demand Risk Analysis

    2. Supply Risk Analysis

    10. Global Rigid Food Packaging Market Analysis

    1. Porters Five Forces

    1. Threat of New Entrants

    2. Bargaining Power of Suppliers

    3. Threat of Substitutes

    4. Rivalry

    2. PEST Analysis

    1. Political

    2. Economic

    3. Social

    4. Technological

    11. Global Rigid Food Packaging Market

    1. Market Size & forecast, 2020A-2030F

    1. By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

    2. By Volume (Billion Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

    12. Global Rigid Food Packaging Market: Market Segmentation

    1. By Regions

    1. North America:(U.S. and Canada), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

    2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

    3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

    4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

    5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

    2. By Material: Market Share (2020-2030F)

    1. Plastic, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

    2. Metal, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

    3. Paper & Paperboard, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

    4. Glass, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

    5. Bioplastic, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

    3. By Application: Market Share (2020-2030F)

    1. Food & Beverages, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

    2. Pharmaceuticals, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

    3. Personal Care, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

    4. Others, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
    Company Profile

    1. Reynolds Group Holdings Limited

    1. Company Overview

    2. Company Total Revenue (Financials)

    3. Market Potential

    4. Global Presence

    5. Key Performance Indicators

    6. SWOT Analysis

    7. Product Launch

    2. Sealed Air Corporation

    3. Mondi Group

    4. Amcor Limited

    5. Bemis Company

    6. DS Smith Plc.

    7. Holmen AB

    8. Georgia-Pacific LLC

    9. Berry Plastics Corporation

    10. Other Prominent Players
    Consultant Recommendation
    **The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

     

  • The Rigid Food Packaging Market has been segregated into various crucial divisions including applications, types, and regions. Each market segment is intensively studied in the report contemplating its market acceptance, worthiness, demand, and growth prospects. The segmentation analysis will help the client to customize their marketing approach to have a better command of each segment and to identify the most prospective customer base.

    Report Objectives / Segmentation Covered :
    By Companies / players:
    • Sealed Air Corporation
    • Mondi Group
    • Amcor Limited
    • Bemis Company
    • DS Smith Plc.
    • Holmen AB
    • Georgia-Pacific LLC
    • Berry Plastics Corporation
    • Other Prominent Players
    • Global
    By Regions:
    • North America
    • Latin America
    • Europe
    • Asia Pacific
    • and the Middle East and Africa
    By Type:
      By Application:
      • into Food & beverages
      • Pharmaceuticals
      • Personal care
      • and Others. Over the forecast period
      • the Food & beverages segment is projected to expand at the fastest pace. Increased demand for packaged food as a result of shifting lifestyles is expected to be one of the segment's key growth drivers. The booming beverage industry
      • which is driven
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    Research objectives

    Where will all these developments take the industry in the long

    To study and analyze the global Market consumption (value & volume) by key regions/countries, product type and application, history data from 2015 to 2019, and forecast to 2025.

    What are the future opportunities in the market?

    To understand the structure of Market by identifying its various subsegments.

    What are the major driving forces expected to impact the development of the market market across different regions?

    To analyze the market with respect to individual growth trends, future prospects, and their contribution to the total market.

    Which industry trends are likely to shape the future of the industry during the forecast period 2020-2025?

    To project the consumption of market submarkets, with respect to key regions.

    Who are the major driving forces expected to decide the fate of the industry worldwide.

    To strategically profile the key players and comprehensively analyze their growth strategies.

    What are the key barriers and threats believed to hinder the development of the industry?

    To analyze competitive developments such as expansions,agreements, new product launches, and acquisitions in the market.

    Who are the prominent market players making a mark in the market with their winning strategies?

    To share detailed information about the key factors influencing the growth of the market

    What will be the growth rate and the market size of the industry for the forecast period 2020-2025?

    Focuses on the key global market Vendors, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

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