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Rigid Plastic Packaging Market by Raw Material, Type, Production Process, Application, and Region - Global Forecast to 2021

Rigid Plastic Packaging Market: Global Forecast until 2021

  • October 2016
  • 195 pages
  • ID: 4247294
In this report:
In terms of volume, the market for rigid plastic packaging, by production process, accounted for ##,##.## KT 2015 and is projected to reach ##,##.## KT by 2021, at a CAGR of ##.##% between 2016 and 2021.
The rigid plastic packaging market, by production process, stood at ##,##.## KT in 2015 and is projected to reach ##,##.## KT by 2021, at a CAGR of ##.##% between 2016 and 2021.

Summary

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"Increase in demand from the food & beverage market to drive the sector for rigid plastic packaging"

The overall market for rigid plastic packaging is forecasted to grow from ~$189.4B in 2015 to attain ~$262.7B by 2021, at an estimated compound annual growth rate of ~5.7 percent. The rigid plastic packaging market is influenced by Elements such as rise in urban population, demand for pharmaceutical supplies, and rise of the food & beverage sector. Rigid plastic packaging offers visually appealing packaging for food that maintains freshness and offers protection during shipping and transport. Plastic containers are specially designed for retailers, food processors, and brand owners seeking safe packaging that is environment-friendly. The rise in demand for flexible packaging poses a threat to rigid plastic packaging market.

"Bottles & jars recorded for the largest part of market share in 2015"

The bottles & jars segment recorded for the biggest market share in 2015 in the rigid plastic packaging market. Bottles & jars have properties including easy handling and excellent damage preventionThe growth in demand for consumer durables, healthcare, and food & beverages supports the rise of bottles & jars.

"Asia-Pac region to benefit maximum traction during the estimate period"

The Asia-Pac region is forecasted to be the quickest developing market during the outlook period, succeeded by Europe (EU). In Asia Pacific (APAC), China (CN) is the biggest consumer for rigid plastic packaging, succeeded by Japan (JP). China (CN), with its increasing food & beverage and healthcare sectors, is predicted to push the rigid plastic packaging market. Japan (JP), with its increasing inclination toward convenient products, is anticipated to impact the rigid plastic packaging market in the Asia Pacific (APAC) area.

Distribution of primaries

Primary Q&A were managed with a number of industry experts, in order to gather info associated to various aspects of rigid plastic packaging. The classification of primaries interviews is like:

- By Company Type: Tier 1 - 43.0 percent, Tier 2 - 33.0 percent, and 1/3 3 - 24.0 percent

- By Description: C-suite - 40.0 percent, Grade of manager - 35.0 percent, and Others - 25.0 percent

- By area: North america (NA) - 40.0 percent, Asia-Pacific - 25.0 percent, Europe - 20.0 percent, and the Rest of the World - 15.0 percent

Segment Research

The rigid plastic packaging market has been split on the basis of material, category, production process, application, and area. The analysis includes exhaustive information concerning the main factors influencing the increase of the rigid plastic packaging market including drivers, industry restraints, opportunities, and possibilities. An in-depth study of the main industry actors has been done to furnish business insights into their sector overview, products & services, top strategies, and recent evolutions combined with the industry.

Why acquiring this study can help you

This market report will facilitate the market top players/new sector entrants in this sector in these ways:

1. This document breaks down the rigid plastic packaging market comprehensively and offers the closest approximation of the revenue numbers for the global market and the sub-segments across the distinct verticals and localities.

2. This business report will facilitate partners to comprehend the sector and offer them information on main market drivers, market restraints, opportunities, and alternatives.

3. This industry report will facilitate partners to better find out their players and obtain additional insights into their rank in the business sector.

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