The global Rigid Packaging market was valued at $502Billion in 2017 and is forecast to grow at a modestxx.6.3% CAGR between 2018 and 2025, culminating in 2025 global sales of $904.6Billion.
Rigid Packaging is made from fiberboard, paperboard, corrugated or paper sealed with generally with heat or pressure. Rigid packaging encompasses tin cans, glass bottles, corrugated products & other boxes. these options provide supports & structure for some of the most vulnerable products. Rigid plastic is used to make a large quantity of food & beverage packaging.
“Optimal Price Point (OPP) for Rigid Packaging”
Estimated Average product/ service cost – $ xx globally. However, with improving access and availability of options, OPP and range of acceptable Prices (RAP) are going to change. We at Ameri Research continuously track these prices with our proprietary pricing model.
Due to the wide array of products available in the market, pricing, positioning, and sales channel optimization play a vital role in the success of a product. On an average, in the china, Rigid Packaging materials are available at USD xxx- USD xxxx. However, the high-end products are available at much higher prices. The prices in emerging countries and developed countries vary significantly due to the difference in purchasing power and availability of latest products.
Rigid Packaging Market by “Material Categories”
We have segmented the Rigid Packaging market based on material categories as Plastic, Metal, Paper, Glass, Bioplastic.
We have observed the significant growth of Rigid Packaging by materials of Plastic which dominate the present market. The plastic material is used because it is thinner & also high heat resilience. It is mainly used due to its toughness & flexibility for which it is expected to demand rigid packaging by plastic materials over the forecast period.
Rigid Packaging Market by “Application”
We have segmented the Rigid Packaging market based on the application as Food & Beverage, Pharmaceuticals, Personal Care.
We have observed the significant growth of Rigid Packaging by Food & beverage application which is anticipated to grow over the forecast period.
Asia Pacific accounted for the maximum revenue share of over xx% in 2017 due to increased demand of Rigid Packaging market followed by EU- Top 5 countries contribute $X.6 Billion in 2017 and expected to reach $x.5 Billion by 2023.
The key regions analyzed in the study include Asia Pacific, Europe, North America, Latin America and the Middle East and Africa. In 2017, Asia Pacific held the largest share for Rigid Packaging market due to the demand for Food & Beverage, Pharmaceuticals, Personal Care. North America is expected to have the highest growth due to U.S.& this would be followed by Europe.
The demand for Plastic, Metal, Paper, Glass, Bioplastic generates a demand for Rigid Packaging. We are observing that Rigid Packaging are a good option as it can create a good impact for food industries, healthcare &pharmaceuticals industries.
“Competitive Landscape “and “Merger & Acquisition Insights”
The key market participants include Ball Corporation, Silgan Holdings Inc, DS Smith PLC,Coveris Holdings S. A, Berry Plastics Corporation,Plastipak Holdings, Inc,Sealed Air Corporationare few major players in Rigid Packagingmarkets. The market forDisposable gloves is fragmented with a large number of global & local players. Merger &Acquisitions, collaborations & new products launch are some of the major strategies adopted by key market players. Apart from this innovation& new product development are a major focus area for dominant companies.
Rigid Packaging Market by Material Categories (Revenue, Billion, 2014 – 2025)
Rigid Packaging Market by Application (Revenue, Billion, 2014 – 2025)
- Food & Beverage
- Personal Care
Rigid Packaging Market Regional Outlook (Revenue, USD Billion, 2014- 2025)
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
- South Africa
- Saudi Arabia
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