New York, According to a new market research report published by Global Insight Services “Rigid Plastic Packaging Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
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Rigid plastic packaging is a type of packaging that is made from hard, non-flexible plastic. It is often used for products that need to be protected from crushing or breaking, such as electronics, glass, or fragile food items. Rigid plastic packaging can be made from many different types of plastic, including PET, HDPE, and PVC. It is often clear or translucent, which allows consumers to see the product inside. Rigid plastic packaging is often used for products that are sold in bulk, such as candy or nuts. It can also be used for individual products, such as cosmetics or small electronics.
Key Trends
Some of the key trends in this field include:
Increased use of recycled materials: Recycled rigid plastic packaging is becoming increasingly popular due to its environmental benefits. This trend is being driven by consumer demand for more sustainable packaging options.
Lighter weight materials: Manufacturers are constantly looking for ways to reduce the weight of rigid plastic packaging. This helps to reduce transportation costs and environmental impact.
Smarter packaging: The use of smart technology is becoming more prevalent in rigid plastic packaging. This includes features such as RFID tags and QR codes that provide information about the product and its packaging.
Key Drivers
The key drivers of the rigid plastic packaging market are its versatility, durability, and recyclability. Rigid plastic packaging can be used for a wide variety of products, including food, beverages, personal care, and household items. It is also lightweight and easy to transport, making it an ideal packaging solution for companies that ship products internationally. Additionally, rigid plastic packaging can be recycled, which reduces waste and helps to protect the environment.
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Market Segments
By Material
- Polyethylene (PET)
- Polypropylene (PP)
- High density polypropylene (HDPE)
- Others
By Production Process
- Extrusion
- Injection Molding
- Blow Molding
- Thermoforming
- Others
Key Players
- ALPLA-Werke Alwin Lehner GmbH & Co KG
- Amcor Limited
- DS Smith Plc
- Berry Plastics Corporation
- Klöckner Pentaplast
- Plastipak Holdings, Inc.
- Pactiv Evergreen Inc
- Sealed Air Corporation
- Silgan Holdings, Inc.
- Sonoco Products Company.
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Reasons to buy Rigid Plastic Packaging Market Report:
• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
About Global Insight Services:
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