Rigid Packaging Market Detailed Analysis of Current Industry Figures With Forecasts Growth by 2027
A detailed overview of Rigid Packaging market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of Rigid Packaging market in conjunction with the geographical landscape, demand spectrum, remuneration scale, and growth graph of this vertical have also been included in this report.
Increasing rate of organ failure coupled with growing geriatric population base will act as growth impact rendering factors for Rigid Packaging market during the forecast timeframe. As per the U.S. Census Bureau?s 2020 National Population Projections, there will be nearly 78 million people aged more than 65 years, while 76.7 million under 18 years of age in the U.S. by 2035, thereby escalating demand for chemical products in coming future.
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• North America (United States, Canada, and Mexico)
• Europe (UK, Germany, France, Russia, and Italy)
• Asia-Pacific (China, Korea, Japan, India, and Southeast Asia)
• South America (Brazil, Colombia, Argentina, etc.)
• The Middle East and Africa (Saudi Arabia, UAE, Nigeria, Egypt, and South Africa)
Market Trends/Key Takeaways
Online shopping is a trend in the market and this is fueling the market growth of the ecommerce industry. Rigid packaging is one of the important aspect in the ecommerce industry to ensure the safe delivery of the product to the consumer. Mainly boxes and containers are used in the ecommerce industry. Thus, the expansion of ecommerce industry around the globe is expected to fuel the market growth of the rigid packaging.
Metal containers and cans are gaining popularity which is widely used to package cosmetics and beverages. They are highly durable and have high strength as compared to other materials. Aluminum is mostly used metal in rigid packaging. Moreover, the use of glass in the rigid packaging is one of the major trends due to the growing demand for personal care and food &beverage industry. This, in turn, is fueling the market growth of rigid packaging.
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Key players operating in the global Rigid Packaging market include Amcor Limited, Bemis Company, DS Smith Plc., Holmen AB, Georgia-Pacific LLC, Berry Plastics Corporation, Reynolds Group Holdings Limited, Sealed Air Corporation, RESILUX NV, and Mondi Group
This report provides:
1) An overview of the global market for Rigid Packaging market and related technologies.
2) Analysis of global market trends, yearly estimates and annual growth rate projections for compounds (CAGRs).
3) Identification of new market opportunities and targeted consumer marketing strategies for Rigid Packaging market.
4) Analysis of R&D and demand for new technologies and new applications.
5) Extensive company profiles of key players in industry.
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