Rigid Plastic Packaging Market | Discover Top Trends and Drivers
Market Growth and Forecasts for 2021-2025

Accelerating at a CAGR of over 5.89%, the rigid plastic packaging market is expected to grow by post an incremental growth of $ 63.73 bn over the next five years. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers to provide growth projections and insights. This analytical examination of the market will enable businesses to plan and set the path for future growth prospects.

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Rigid Plastic Packaging Market: Market Segments and Key Trends

The research report provides a detailed analysis of all the segments, key trends, and challenges that are likely to influence growth. The market is segmented by Component (Bottles, Containers, Caps and closures, and Others) and Geography (APAC, Europe, North America, MEA, and South America). 57% of the market growth will originate from APAC during the forecast period. However, high cost for recycling rigid plastic products is one of the challenges that will need to be overcome to drive growth.

Rigid Plastic Packaging Market: Leading Factors to Drive Market Growth

The Rising demand for rigid plastic packaging from food and beverage industry is one of the primary factors that will drive the growth of the rigid plastic packaging market. The report provides a detailed study of this and all the other drivers that are likely to boost the market growth. For a deeper understanding of this market request our FREE Sample Report. Our analysis will help the client to prepare for recovery and growth post the havoc caused by the pandemic.

Rigid Plastic Packaging Market: Vendor Analysis

The market is fragmented. The research report provides insights into the top market player and their product portfolio along with pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Product/Service Segments, Key Offering, Key Customers, Segment Focus, ALPLA Werke Alwin Lehner GmbH & Co KG, Amcor Plc, Ardagh Group SA, Ball Corp., Berry Global Group Inc., Crown Holdings Inc., KP Holding GmbH & Co. KG, and Sonoco Products Co. are some of the major market participants.

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Rigid Plastic Packaging Market: Key Highlights of the Report for 2021-2025

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will drive rigid plastic packaging market growth during the next five years
• Precise estimation of the rigid plastic packaging market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the rigid plastic packaging market industry across APAC, Europe, North America, MEA, and South America
• A thorough analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of rigid plastic packaging market vendors

The report provides insights into the following FAQs:

1. What is the market CAGR?
   The market is accelerate at a CAGR of over 5.89%.
    
2. What is the incremental growth of the market?
   The market is expected to grow by $ 63.73 bn through 2021-2025.
    
3. What is a key factor driving this market?
   Rising demand for rigid plastic packaging from food and beverage industry will drive market growth over the forecast period.
    
4. What are the key regions covered in this market research report?
   APAC, Europe, North America, MEA, and South America are the key regions featured in this research report.
    
5. Which is the leading geographic region for this market:
   57% growth will originate from APAC
    
6. Who are the leading market vendors?
   The leading vendors in this market are Product/Service Segments, Key Offering, Key Customers, Segment Focus, ALPLA Werke Alwin Lehner GmbH & Co KG, Amcor Plc, Ardagh Group SA, Ball Corp., Berry Global Group Inc., Crown Holdings Inc., KP Holding GmbH & Co. KG, and Sonoco Products Co.
    
7. What are the market segments covered in this report?
   The market is segmented by Component (Bottles, Containers, Caps and closures, and Others) and Geography (APAC, Europe, North America, MEA, and South America)