Rigid Plastic Packaging Market (By Type: Bottles & Jars, Rigid Bulk Products, Trays, Tubs, Cups, & Pots, Others; By Production Process: Extrusion, Injection Molding, Blow Molding, Thermoforming, Others; By Material: Polyethylene (PE), Polyethylene Terephthalate (PET), Polystyrene (PS), Polypropylene (PP), Polyvinyl Chloride (PVC), Expanded Polystyrene (EPS), Bioplastics, Others (PC, Polyamide); By End User) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2032
The global rigid plastic packaging market size was estimated at USD 175.59 billion in 2022 and is expected to reach around USD 258.65 billion by 2032, poised to grow at a compound annual growth rate (CAGR) of 4% over the forecast period 2023 to 2032.
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For the packaging of new bottles and containers, rigid plastic packaging uses plastic materials including polypropylene (PP), high-density polyethylene (HDPE), and polyethylene (PET). These materials are lightweight and enduring. Packaging made of polyethylene and polypropylene may be used in a variety of sectors, including food and beverage, agricultural, aerospace, automotive, and medical. The food and beverage industry's explosive growth is a significant factor in the rigid plastic packaging market's rise since it increases demand for bottles, fruit jars, juice containers, food packaging containers, and gastronomic bags. For instance, by 2021, the U.S. hotel market has grown to almost $154.34 billion. Increased demand for electronics switches, containers, and bicycle wheels is further boosting the growth of the global market for rigid plastic packaging. Additionally, market expansion is predicted to be fueled by the expansion of the automotive sector. For instance, Trading Economics predicts that from 2021 to 2023, Mexico's automobile output would increase at a pace of 43.12%. Due to the increased need for plastic packaging systems, rigid plastic packaging solutions are also employed in a variety of industrial verticals, including agriculture, medicine, personal care, and pharmaceuticals.
However, it is projected that strict government restrictions on the use of plastic and fluctuations in the price of raw materials would impede the expansion of the world market for rigid plastic packaging. On the other hand, it is predicted that the increase in e-commerce sales would create profitable chances for the market's expansion.
The growing need for rigid plastic packaging is a result of the expansion of the food and beverage, healthcare, personal care, and other sectors on a global scale. In these businesses, rigid plastic packaging offers qualities including sturdiness, low weight, and flexible packaging. Several processes, including extrusion, injection molding, blow molding, thermoforming, and others are used to create these packing components. To keep the products, secure for a longer period of time, stiff plastic packaging produced from materials like polyethylene, expanded polystyrene, and others is used. Additionally, one of the key factors fueling the expansion of the rigid plastic packaging market is the increase in packaged goods sales, which is a result of changing lifestyles.
Report Coverage | Details |
Market Size in 2023 |
USD 181.73 Billion |
Market Size by 2032 |
USD 258.65 Billion |
Growth Rate from 2023 to 2032 | CAGR of 4% |
Base Year | 2022 |
Forecast Period | 2023 to 2032 |
Segments Covered | Type, Production Process, Material, End User, and Geography |
Companies Mentioned | ALPLA-Werke Alwin Lehner GmbH & Co KG, Amcor Limited, DS Smith Plc, Berry Plastics Corporation, Klöckner Pentaplast, Plastipak Holdings, Inc., Pactiv Evergreen Inc, Sealed Air Corporation, Silgan Holdings, Inc., Sonoco Products Company. |
Market Drivers
Market Challenges
Key Market Opportunities
Surging Demand for Rigid Plastic Packaging in Cosmetics & Personal Care
Use of fiber-based material for packaging
In terms of value, the bottles and jars category accounted for the biggest market share in the rigid plastic packaging industry in 2022, and it is anticipated to expand at the second-highest CAGR over the forecast period. Water, juice, carbonated soft drinks, cosmetics, food, personal care, and pharmaceutical goods are just a few of the things that are packaged in rigid plastic bottles. These bottles and jars are mostly constructed out of PET, PE, PP, HDPE, PS, and PVC. The expanding retail sector in addition to customers' rising disposable money. The market is expanding due to the increased demand for drinks and home care goods as well as the growing urbanization and population.
During the anticipated period, the extrusion segment is anticipated to dominate the rigid plastic packaging market. The method allows for the creation of components and products with a range of straightforward to extremely complicated continuous cross-sections by accommodating a wide range of die profiles. The extruded rolling stock doesn't need to cure before thermoforming. The overall materials and waste costs for an extrusion operation are cheaper than those of other molding processes because thermoplastics—which may repeatedly go through the melting, moulding, and hardening operations—are frequently used in extrusion processes.
In 2022, the rigid plastic packaging market's greatest share belonged to the polypropylene (PP) material category. In comparison to other plastic materials like polystyrene (PS), polyethylene terephthalate (PET), and others, polypropylene offers superior barrier qualities, improved surface polish, cheap cost, and high tensile strength.
These features make polypropylene an ideal material for a range of packaging applications. Some of the expanding uses for polypropylene include medicine bottles, ketchup and syrup containers, and bottle caps and closures. The market for rigid plastic packaging will thus continue to increase over the projected period as a result of the rising demand for the polypropylene (PP) material.
The market for rigid plastic packaging was dominated by the food and beverage sector in 2022, and it is anticipated to expand at a CAGR of 5.35% from 2023 to 2032. The stiff plastic packaging gives the containers qualities like taste absorption, durability, lifespan, and low weight. Bottles, cans, jars, and other rigid plastic packing containers keep the food item secure and free from contamination. In developing nations including the United States, Canada, China, India, and other nations, the need for rigid plastic packaging is rising quickly. The need for rigid plastic packaging is rising as the food and beverage sector expands.
Rigid Plastic Packaging Market Share, By Region, 2022 (%)
Regions | Revenue Share in 2022 (%) |
North America | 28% |
Asia Pacific | 39.6% |
Europe | 22% |
Latin America | 6.1% |
MEA | 4.3% |
In 2022, the Asia Pacific area held the greatest share, and it is anticipated that it would continue to hold that position during the projection period. The rigid plastic packaging industry is predicted to grow rapidly in nations like China and India due to their expanding economies and expanding economic activity. In addition, these nations' expanding populations provide a sizable market for FMCG goods and consumer durables, which is anticipated to fuel the expansion of the rigid plastic packaging industry.
The market for rigid plastic packaging has expanded due to important reasons such industrialization, the expansion of the convenience food business, expanding manufacturing activities, rising disposable income, rising consumption levels, and rising e-retail sales during the past several years.
Segments covered in the report
By Type
By Production Process
By Material
By End User
By Geography
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Rigid Plastic Packaging Market
5.1. COVID-19 Landscape: Rigid Plastic Packaging Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Rigid Plastic Packaging Market, By Type
8.1. Rigid Plastic Packaging Market, by Type, 2023-2032
8.1.1. Bottles & Jars
8.1.1.1. Market Revenue and Forecast (2021-2032)
8.1.2. Rigid Bulk Products
8.1.2.1. Market Revenue and Forecast (2021-2032)
8.1.3. Trays
8.1.3.1. Market Revenue and Forecast (2021-2032)
8.1.4. Tubs, Cups, & Pots
8.1.4.1. Market Revenue and Forecast (2021-2032)
8.1.5. Others
8.1.5.1. Market Revenue and Forecast (2021-2032)
Chapter 9. Global Rigid Plastic Packaging Market, By Production Process
9.1. Rigid Plastic Packaging Market, by Production Process, 2023-2032
9.1.1. Extrusion
9.1.1.1. Market Revenue and Forecast (2021-2032)
9.1.2. Injection Molding
9.1.2.1. Market Revenue and Forecast (2021-2032)
9.1.3. Blow Molding
9.1.3.1. Market Revenue and Forecast (2021-2032)
9.1.4. Thermoforming
9.1.4.1. Market Revenue and Forecast (2021-2032)
9.1.5. Others
9.1.5.1. Market Revenue and Forecast (2021-2032)
Chapter 10. Global Rigid Plastic Packaging Market, By Material
10.1. Rigid Plastic Packaging Market, by Material, 2023-2032
10.1.1. Polyethylene (PE)
10.1.1.1. Market Revenue and Forecast (2021-2032)
10.1.2. Polyethylene Terephthalate (PET)
10.1.2.1. Market Revenue and Forecast (2021-2032)
10.1.3. Polystyrene (PS)
10.1.3.1. Market Revenue and Forecast (2021-2032)
10.1.4. Polypropylene (PP)
10.1.4.1. Market Revenue and Forecast (2021-2032)
10.1.5. Polyvinyl Chloride (PVC)
10.1.5.1. Market Revenue and Forecast (2021-2032)
10.1.6. Expanded Polystyrene (EPS)
10.1.6.1. Market Revenue and Forecast (2021-2032)
10.1.7. Bioplastics
10.1.7.1. Market Revenue and Forecast (2021-2032)
10.1.8. Others (PC, Polyamide)
10.1.8.1. Market Revenue and Forecast (2021-2032)
Chapter 11. Global Rigid Plastic Packaging Market, By End User
11.1. Rigid Plastic Packaging Market, by End User, 2023-2032
11.1.1. Food
11.1.1.1. Market Revenue and Forecast (2021-2032)
11.1.2. Beverages
11.1.2.1. Market Revenue and Forecast (2021-2032)
11.1.3. Healthcare
11.1.3.1. Market Revenue and Forecast (2021-2032)
11.1.4. Cosmetics & Toiletries
11.1.4.1. Market Revenue and Forecast (2021-2032)
11.1.5. Industrial
11.1.5.1. Market Revenue and Forecast (2021-2032)
11.1.5. Others
11.1.5.1. Market Revenue and Forecast (2021-2032)
Chapter 12. Global Rigid Plastic Packaging Market, Regional Estimates and Trend Forecast
12.1. North America
12.1.1. Market Revenue and Forecast, by Type (2021-2032)
12.1.2. Market Revenue and Forecast, by Production Process (2021-2032)
12.1.3. Market Revenue and Forecast, by Material (2021-2032)
12.1.4. Market Revenue and Forecast, by End User (2021-2032)
12.1.5. U.S.
12.1.5.1. Market Revenue and Forecast, by Type (2021-2032)
12.1.5.2. Market Revenue and Forecast, by Production Process (2021-2032)
12.1.5.3. Market Revenue and Forecast, by Material (2021-2032)
12.1.5.4. Market Revenue and Forecast, by End User (2021-2032)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Forecast, by Type (2021-2032)
12.1.6.2. Market Revenue and Forecast, by Production Process (2021-2032)
12.1.6.3. Market Revenue and Forecast, by Material (2021-2032)
12.1.6.4. Market Revenue and Forecast, by End User (2021-2032)
12.2. Europe
12.2.1. Market Revenue and Forecast, by Type (2021-2032)
12.2.2. Market Revenue and Forecast, by Production Process (2021-2032)
12.2.3. Market Revenue and Forecast, by Material (2021-2032)
12.2.4. Market Revenue and Forecast, by End User (2021-2032)
12.2.5. UK
12.2.5.1. Market Revenue and Forecast, by Type (2021-2032)
12.2.5.2. Market Revenue and Forecast, by Production Process (2021-2032)
12.2.5.3. Market Revenue and Forecast, by Material (2021-2032)
12.2.5.4. Market Revenue and Forecast, by End User (2021-2032)
12.2.6. Germany
12.2.6.1. Market Revenue and Forecast, by Type (2021-2032)
12.2.6.2. Market Revenue and Forecast, by Production Process (2021-2032)
12.2.6.3. Market Revenue and Forecast, by Material (2021-2032)
12.2.6.4. Market Revenue and Forecast, by End User (2021-2032)
12.2.7. France
12.2.7.1. Market Revenue and Forecast, by Type (2021-2032)
12.2.7.2. Market Revenue and Forecast, by Production Process (2021-2032)
12.2.7.3. Market Revenue and Forecast, by Material (2021-2032)
12.2.7.4. Market Revenue and Forecast, by End User (2021-2032)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Forecast, by Type (2021-2032)
12.2.8.2. Market Revenue and Forecast, by Production Process (2021-2032)
12.2.8.3. Market Revenue and Forecast, by Material (2021-2032)
12.2.8.4. Market Revenue and Forecast, by End User (2021-2032)
12.3. APAC
12.3.1. Market Revenue and Forecast, by Type (2021-2032)
12.3.2. Market Revenue and Forecast, by Production Process (2021-2032)
12.3.3. Market Revenue and Forecast, by Material (2021-2032)
12.3.4. Market Revenue and Forecast, by End User (2021-2032)
12.3.5. India
12.3.5.1. Market Revenue and Forecast, by Type (2021-2032)
12.3.5.2. Market Revenue and Forecast, by Production Process (2021-2032)
12.3.5.3. Market Revenue and Forecast, by Material (2021-2032)
12.3.5.4. Market Revenue and Forecast, by End User (2021-2032)
12.3.6. China
12.3.6.1. Market Revenue and Forecast, by Type (2021-2032)
12.3.6.2. Market Revenue and Forecast, by Production Process (2021-2032)
12.3.6.3. Market Revenue and Forecast, by Material (2021-2032)
12.3.6.4. Market Revenue and Forecast, by End User (2021-2032)
12.3.7. Japan
12.3.7.1. Market Revenue and Forecast, by Type (2021-2032)
12.3.7.2. Market Revenue and Forecast, by Production Process (2021-2032)
12.3.7.3. Market Revenue and Forecast, by Material (2021-2032)
12.3.7.4. Market Revenue and Forecast, by End User (2021-2032)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Forecast, by Type (2021-2032)
12.3.8.2. Market Revenue and Forecast, by Production Process (2021-2032)
12.3.8.3. Market Revenue and Forecast, by Material (2021-2032)
12.3.8.4. Market Revenue and Forecast, by End User (2021-2032)
12.4. MEA
12.4.1. Market Revenue and Forecast, by Type (2021-2032)
12.4.2. Market Revenue and Forecast, by Production Process (2021-2032)
12.4.3. Market Revenue and Forecast, by Material (2021-2032)
12.4.4. Market Revenue and Forecast, by End User (2021-2032)
12.4.5. GCC
12.4.5.1. Market Revenue and Forecast, by Type (2021-2032)
12.4.5.2. Market Revenue and Forecast, by Production Process (2021-2032)
12.4.5.3. Market Revenue and Forecast, by Material (2021-2032)
12.4.5.4. Market Revenue and Forecast, by End User (2021-2032)
12.4.6. North Africa
12.4.6.1. Market Revenue and Forecast, by Type (2021-2032)
12.4.6.2. Market Revenue and Forecast, by Production Process (2021-2032)
12.4.6.3. Market Revenue and Forecast, by Material (2021-2032)
12.4.6.4. Market Revenue and Forecast, by End User (2021-2032)
12.4.7. South Africa
12.4.7.1. Market Revenue and Forecast, by Type (2021-2032)
12.4.7.2. Market Revenue and Forecast, by Production Process (2021-2032)
12.4.7.3. Market Revenue and Forecast, by Material (2021-2032)
12.4.7.4. Market Revenue and Forecast, by End User (2021-2032)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Forecast, by Type (2021-2032)
12.4.8.2. Market Revenue and Forecast, by Production Process (2021-2032)
12.4.8.3. Market Revenue and Forecast, by Material (2021-2032)
12.4.8.4. Market Revenue and Forecast, by End User (2021-2032)
12.5. Latin America
12.5.1. Market Revenue and Forecast, by Type (2021-2032)
12.5.2. Market Revenue and Forecast, by Production Process (2021-2032)
12.5.3. Market Revenue and Forecast, by Material (2021-2032)
12.5.4. Market Revenue and Forecast, by End User (2021-2032)
12.5.5. Brazil
12.5.5.1. Market Revenue and Forecast, by Type (2021-2032)
12.5.5.2. Market Revenue and Forecast, by Production Process (2021-2032)
12.5.5.3. Market Revenue and Forecast, by Material (2021-2032)
12.5.5.4. Market Revenue and Forecast, by End User (2021-2032)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Forecast, by Type (2021-2032)
12.5.6.2. Market Revenue and Forecast, by Production Process (2021-2032)
12.5.6.3. Market Revenue and Forecast, by Material (2021-2032)
12.5.6.4. Market Revenue and Forecast, by End User (2021-2032)
Chapter 13. Company Profiles
13.1. ALPLA-Werke Alwin Lehner GmbH & Co KG
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. Amcor Limited
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. DS Smith Plc
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. Berry Plastics Corporation
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. Klöckner Pentaplast
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. Plastipak Holdings, Inc.
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. Pactiv Evergreen Inc
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. Sealed Air Corporation
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. Silgan Holdings, Inc.
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. Sonoco Products Company.
13.10.1. Company Overview
13.10.2. Product Offerings
13.10.3. Financial Performance
13.10.4. Recent Initiatives
Chapter 14. Research Methodology
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
Chapter 15. Appendix
15.1. About Us
15.2. Glossary of Terms
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