The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Growing demand for convenience and ready-to-eat foods is likely to promote innovation in rigid packaging manufacturing, propelling the market over the forecast period.

The global rigid packaging market is expected to grow from $207.56 billion in 2022 to $223.47 billion in 2023 at a compound annual growth rate (CAGR) of 7.7%. The global rigid packaging market size is expected to reach $287.42 billion in 2027 at a CAGR of 6.5%.

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Global Rigid Packaging Market Segments Include:

• By Product Type: Boxes, Trays, Containers And Cans, Bottles And Jars, Other Product Types
• By Raw Material: Polyethylene (PE), Polyethylene Terephthalate (PET), Polystyrene (PS), Polypropylene (PP), Polyvinyl Chloride (PVC), Expanded Polystyrenes (EPs), Bioplastics, Other Raw Materials
• By Production Process: Extrusion, Injection Molding, Thermoforming, Other Production Processes
• By Application: Food And Beverages, Chemical Industry, Consumer Goods, Healthcare And Pharmaceuticals, Other Applications
• 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 packaging market in 2021.

Major Market Players in the rigid packaging market include Amcor plc, Reynolds Packaging, Berry Global Inc., Sonoco Products Company, Sealed Air Corporation, Silgan Holdings Inc., Plastipak Holdings Inc., Consolidated Container Company.

Product innovation is a prevalent trend in the rigid packaging sector. Major market participants are focusing their efforts on developing novel materials and packaging, such as sustainable materials, active packaging, seaweed packaging, water-soluble packaging, and others. For example, Sterimed, a French medical packaging business, will develop Polybond CGP, a new substrate for rigid packaging demands, in October 2022. Polybond CGP contains 70% less plastic and is mostly made of renewable resources and bio-sourced carbon. Its unique fibre mesh structure, which combines cellulose with a large amount of synthetic binders, is what distinguishes it.

The Rigid Packaging Global Market Report 2023  provides a rigid packaging market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The rigid packaging market forecast analyzes rigid packaging market size, rigid 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 packing refers to materials that are inflexible and keep their shape even when empty. Rigid packaging is used to store a wide range of objects as well as to protect and transport products that require a high level of protection.

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