The global market for rigid packaging is expected to witness high growth in coming years as a reason for increasing demand for various products that require effective packaging. Rigid packaging is largely used to protect products from physical shock and damage. Moreover, they are vastly used for packing volatile and highly reactive products without damaging or contaminating the product. The significant use of rigid packaging is seen in areas where flexible packaging fails to provide effective solution such as while packing chemicals, liquids, bulk and heavy-duty packaging. The demand for rigid packaging has grown with increasing global trade and transportation from one place to another.

The global market for rigid packaging segment is based on material, product, applications, and region. Segmented on the basis of plastic, steel, glass, paper and paperboard, and wood. The material type glass, steel, paper and paperboard material can be recycled and reused, and it accounts to 60% of the total rigid packaging market. Moreover, growing intake of tobacco products and glasses used to consume alcoholic beverages have increased the demand for rigid packaging market in past few years.

The report consists of in-depth evaluation for the global rigid packaging market, which includes drivers, restraints, trends, and opportunities.  To give a precise understanding of the market report also focuses on regional analysis and categories in which the market is divided. All the analysis presented in the report are based on accurate facts and figures.

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Global Rigid Packaging Market: Trends and Opportunities

The global market for rigid packaging is projected to grow in the coming years, as there is significant rise in demand from the emerging economies especially from China and India.  The growing demand from food and beverages industry has certainly boosted the demand for rigid packaging market. Moreover, changing lifestyle and trends among the urban population in various countries have also increased the demand for rigid packaging. Packaged food products to meet the requirements with changing lifestyle has also contributed to grow the market.

Global Rigid Packaging Market: Regional Outlook

The geographical lookout for the global rigid packaging market shows that the Asia pacific is projected to lead the market in coming years. The reason for the growth in Asia Pacific are the countries having high growth in industrial sector. Europe and Middle East and Africa are also considered as lucrative markets for the growth of rigid packaging market. North America also gives growth opportunity for the rigid packaging market, but due to the shift from rigid packaging to flexible packaging, other regions have made efforts to grow the rigid packaging market.

Global Rigid Packaging Market: Competitive Landscape

The competitive landscape for the global rigid packaging market is fragmented and is highly competitive vendor’s landscape. The big players are focusing on launching new products by adopting new strategies and through mergers and acquisitions taking place among the global players. Moreover, the players use new strategies to grow their customer base. Some of the global players in the rigid packaging market are Reynolds Group Holdings Ltd., Amcor Limited, Sealed Air Corp., Bemis Company, Inc., Resilux NV, Bemis Company, Berry Plastic Group, Inc., Holmen AB ADR and Mondi Group. The players are also focusing on emerging economies where there is high potential for industrial growth during the forecast tenure.