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Rigid Plastic Packaging Market Size to Hit USD US$ 296.05 Billion by 2027

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Rigid Plastic Packaging Market Size to Hit USD US$ 296.05 Billion by 2027

February 02
23:40 2023
Rigid Plastic Packaging Market Size to Hit USD US$ 296.05 Billion by 2027
Rigid Plastic Packaging Market Size to Hit USD US$ 296.05 Billion by 2027
The global rigid plastic packaging market size reached US$ 216.55 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 296.05 Billion by 2027, exhibiting a growth rate (CAGR) of 5.10% during 2022-2027.

The latest research study “Rigid Plastic Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global rigid plastic packaging market size reached US$ 216.55 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 296.05 Billion by 2027, exhibiting a growth rate (CAGR) of 5.10% during 2022-2027.

What is rigid plastic packaging ?

Rigid plastic packaging refers to the use of plastic materials, including high-density polyethylene (HDPE), polypropylene (PP), and polyethylene terephthalate (PET), to pack new containers, thermoformed trays, clamshells, bottles, caps, and closures. These packaging items are manufactured by numerous processes, such as injection and blow molding, thermoforming, and extrusion. It is lightweight, economical, sturdier, durable, recyclable, and heavier, due to which it is used for packing fragile food products that need more protection. As a result, rigid plastic packaging is extensively adopted in the food and beverage (F&B), medical, automotive, personal care, aerospace, and agriculture sectors across the globe.

Rigid Plastic Packaging Industry Trends and Drivers:

The market is primarily driven by the significant growth in the food and beverage industry (F&B) and the increasing demand for food packaging containers, bags, jars, and bottles. In addition, the changing lifestyles and rising expenditure capacities of consumers, and growing demand for beverage products such as bottled water and alcoholic beverages are accelerating the adoption of rigid plastic packaging solutions across the globe.

Download a PDF Sample for more detailed market insights: https://www.imarcgroup.com/rigid-plastic-packaging-market/requestsample

Moreover, the widespread adoption of rigid plastic packaging in the healthcare sector to protect medicines from contamination represents another major growth-inducing factor. Besides this, the sudden outbreak of the coronavirus disease (COVID-19) has also augmented the demand for essential services, including healthcare and personal care products such as HDPE containers, pumps, and other products, providing a positive thrust to the market growth.

Furthermore, the increasing environmental awareness regarding biodegradable rigid plastic packaging, the growing e-commerce sector, and extensive research and development (R&D) activities are also creating a favorable market outlook across the globe.

Rigid Plastic Packaging Market Report Scope

Report Coverage


Market size value in 2022

US$ 216.55 Billion

Market forecast in 2027

US$ 296.05 Billion

Growth Rate

CAGR of 5.10% from 2022 to 2027

Base year for estimation


Historical data


Forecast period


Global Rigid Plastic Packaging Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Rigid Plastic Packaging Companies:

ALPLA, Altium Packaging LLC, Amcor plc, Berry Global Inc., DS Smith plc, Graham Packaging Company, Pactiv Evergreen Inc., Plastipak Holdings Inc., Saudi Basic Industries Corporation (Saudi Arabian Oil Company), Silgan Holdings Inc., Sonoco Products Company and Winpak Ltd.

The report has segmented the market on the basis of product, material, production process and end use industry.

Breakup by Product:

  • Bottles and Jars
  • Trays and Containers
  • Caps and Closures
  • Others

Breakup by Material:

  • Polyethylene (PET)
  • Polypropylene (PP)
  • High Density Polypropylene (HDPE)
  • Others

Breakup by Production Process:

  • Extrusion
  • Injection Molding
  • Blow Molding
  • Thermoforming
  • Others

Breakup by End Use Industry:

  • Food and Beverages
  • Personal Care and Cosmetics
  • Household
  • Healthcare
  • Others

Breakup by Region:

  • North America: (United States, Canada)
  • Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America: (Brazil, Mexico, Others)
  • Middle East and Africa

Explore Report Description with TOC & List of Figure: https://bit.ly/3DAWTbE

If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Key highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022- 2027)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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