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The growing demand from end users such as the food and beverage industries is projected to drive the rigid plastic packaging market ahead.

The global rigid plastic packaging market size is expected to grow from $219.29 billion in 2022 to $233.71 billion in 2023 at a compound annual growth rate (CAGR) of 6.6%. The global rigid plastic packaging market size is expected to reach $290.03 billion in 2027 at a CAGR of 5.5%.

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Global Rigid Plastic Packaging Market Segments Include:

• By Product Type: Boxes, Bottle, And Jars, Cans, Blister Packs, Clamshells, Trays, Intermediate Bulk Container (IBCs), Other Product Types
• By Material: Polyethylene, Polypropylene, High Density Polypropylene, Other Materials
• By Manufacturing Process: Extrusion, Injection Molding, Other Manufacturing Process
• By End-User: Food And Beverages, Personal Care, Household, Healthcare, Other End-Users
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global rigid plastic packaging market in 2021.

Major Market Players in the rigid plastic packaging market include Berry Global Inc., Amcor Plc, Silgan Holdings Inc., Pactiv Evergreen Inc, DS Smith Plc., Al Jabriplastic., Sealed Air, Takween Advanced Industries.

The primary trend gaining traction in the rigid plastic packaging industry is technological advancement. Major players in the rigid plastic packaging market are focusing on the development of innovative technologies. Amcor Plc., an Australia-based global packaging business, for example, debuted the DairySealTM range of packaging in September 2022, which includes ClearCorTM, an improved polyethylene terephthalate (PET) barrier. Clearcor PET barrier technology is distinguished by a concentrated capsulation in the preform’s centre, allowing for increased flexibility and resin options. This strategy maintains recyclability while enhancing the overall performance of the package’s barrier.

The Rigid Plastic Packaging Global Market Report 2023  provides a rigid plastic packaging market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The rigid plastic packaging market forecast analyzes rigid plastic packaging market size, rigid plastic packaging market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Rigid plastic packaging is made of stronger and heavier materials than flexible plastic packaging. This is utilised to give things structure and support.

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