Rigid Plastic Packaging Market Provides An In-Depth Insight Of Sales And Trends Forecast To 2027
The Rigid Plastic Packaging Market report is one of the most comprehensive and important data about business strategies, qualitative and quantitative analysis of Global Market. It offers detailed research and analysis of key aspects of the Rigid Plastic Packaging market. The market analysts authoring this report have provided in-depth information on leading growth drivers, restraints, challenges, trends, and opportunities to offer a complete analysis of the Rigid Plastic Packaging market.
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Asia Pacific is the fastest growing region and accounted for the largest market share of around 34 % in 2018, owing to rapid urbanization, increasing disposable income, and increasing demand for food & beverage and household & personal care products in emerging economies is expected to drive the market growth. According to the India Brand Equity Foundation, India’s personal care industry was valued at US$ 12.58 billion in 2017, which was less than US$ 3 billion in 2000.
Among end-use industry, food & beverage held a significant market share of 63% in the global rigid plastic packaging market in 2018. Changing lifestyle patterns and increasing preference for packaged food products is driving growth of the rigid plastic packaging market.
Players operating in the global rigid plastic packaging market are adopting various growth strategies such as mergers, acquisitions, and business expansions to cater to increasing demand for rigid plastic packaging products. For instance, in 2016, Amcor Limited acquired Sonoco’s Global Plastics blow molding business in North America. The acquisition has helped Amcor increase its production capacity as well as its presence in the consumer goods and food market in the U.S. and Canada.
Major players operating in the global rigid plastic packaging market include Bemis Company, Inc., Amcor Limited, Silgan Holdings, Inc., Winpak Ltd., 3M Company, ALPLA, Berry Global Inc., RPC Group Plc., Anchor Packaging Inc., Coveris Holdings S.A., E-S Plastic Products, LLC and Plastipak Holdings, Inc.
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Highlights of TOC:
Overview: Presents a broad overview of the Rigid Plastic Packaging Market, acting as a snapshot of the elaborate study that follows.
Market Dynamics: A straight-forward discussion about key drivers, restraints, challenges, trends, and opportunities of the Rigid Plastic Packaging Market.
Product Segments: Explores the market growth of the wide variety of products offered by organizations, and how they fare with end-users.
Application Segments: This section studies the key end-use applications that contribute to the market growth and the emerging opportunities to the Rigid Plastic Packaging Market.
Geographical Segments: Each regional market – with a region-specific study of each segment- is carefully assessed for understanding its current and future growth scenarios.
Company Profiles: Leading and emerging players of the Rigid Plastic Packaging Market are thoroughly profiled in the report based on their market share, market served, products, applications, regional growth, and other factors.
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