Rigid packaging market to grow at a CAGR of 4.84% by 2027: Driving factors, Industry challenges, Segmentation, Key vendor analysis, Leading countries, - Technavio

NEW YORK, Feb. 14, 2023 /PRNewswire/ -- 

The in-depth analysis provided in the report includes:

• Current and future market trends to highlight market conditions
• Comparative analysis of the market and its segments for the historic period of 2017 - 2021
• Market drivers and market impediments and their impact on market growth
• Positioning of market players and their business strategy analysis
• Download a Sample Now!

Rigid packaging market size & segmentation analysis

The rigid packaging market is estimated to grow at a CAGR of 4.84% between 2022 and 2027. The size of the market is forecast to increase by USD 108.59 billion. The rigid packaging market is segmented based on type, application, and geography.

• Based on the type, the rigid packaging market is segmented into plastic, metal, and glass.
• Based on application, the market is segmented into food and beverages, pharmaceuticals, personal care, and others.
• Based on geography, the Rigid packaging market is segmented into APAC, Europe, North America, South America, and Middle East and Africa.
• For insights on the market contribution of each segment, Buy the report!

Rigid packaging market: Country-Level Analysis

The countries covered in the rigid packaging market report are the US and Canada (North America); the UK, Germany, France, and the Rest of Europe (Europe); China, and India (APAC); Chile, Argentina, and Brazil (South America); Saudi Arabia, South Africa, and Rest of the Middle East & Africa (Middle East & Africa),

• APAC will account for 39% of the market growth during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. Factors such as the increased GDP per capita are improving living standards in China and India, which may fuel the regional demand for F&B and pharmaceutical products during the forecast period.
• Several global companies operating in the F&B and pharmaceutical industries are expanding their presence in the region to cater to this demand. The pharmaceutical contract manufacturing industry in APAC has been registering consistent growth for the past few years. This is likely to drive the regional demand for packaging solutions during the forecast period.

The geographic landscape of the report also provides market-impacting factors and changes that impact current and future trends. For detailed information, Request a sample!

Rigid packaging market: Dynamics & Insights

Technavio's research report on the rigid packaging market provides analysis and insights about the various drivers, along with key challenges, that impact the market throughout the forecast period.

One of the key factors driving the market growth is the growing demand for glass packaging. Glass packaging is used for packaging of beverages, food products, pharmaceutical products, cosmetics, and others. The recyclable life of glass is unlimited and the most environmentally friendly packaging type. With every five tons of recycled glass, there is a reduction of an extensive amount of co-emissions. In terms of applicability, alcoholic beverage manufacturers are the largest end-users of glass packaging. The demand for alcoholic beverages is significantly increasing in APAC, North America, and Europe. This will increase the demand for glass as a packaging solution during the forecast period.

However, one of the key challenges affecting the growth of the market is the increase in demand for flexible packaging. Flexible packaging offers numerous advantages compared with those rigid packaging such as extended shelf life, lighter weight, improved cost economics, and freight cost savings. Moreover, the growing demand for extended shelf life and convenience products is driving the market development of barrier packaging films. Increasing food requirements because of the expanding population in APAC, particularly in China and India, is expected to have a negative impact on the demand for rigid packaging during the forecasted period.

Rigid packaging market: Competitive Landscape and Vendor Analysis

Technavio's report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Some of the major players operating in the Rigid packaging market are ALPLA Werke Alwin Lehner, Amcor Plc, Ardagh Group SA, Ball Corp., Borealis AG, Can Corp. of America Inc., Crown Holdings Inc., Delkor Systems Inc., DS Smith Plc, Gerresheimer AG, Graham Packaging Co. LP, KP Holding GmbH and Co. KG, Plastipak Holdings Inc., Silgan Holdings Inc., Sonoco Products Co., TotalEnergies SE, Vetropack Holding Ltd., Vidrala SA, Berry Global Group Inc., and Printpack Inc, among others.

For insights on the vendor offerings, Download a PDF sample!

Related Reports:

• The rigid plastic packaging market is estimated to grow at a CAGR of 6.5% between 2021 and 2026. The size of the market is forecast to increase by USD 75.47 billion. The rising demand for rigid plastic packaging from the food and beverage industry is notably driving the rigid plastic packaging market growth, although factors such as the high cost of recycling rigid plastic products may impede the market growth.
• The paints packaging market is estimated to grow at a CAGR of 4.28% between 2021 and 2026. The size of the market is forecast to increase by USD 4.60 billion. The growing demand for paints and their derivatives is notably driving the packaging of the paint market growth, although factors such as fluctuating raw material prices may impede the market growth.

Gain instant access to 17,000+ market research reports. 
Technavio's SUBSCRIPTION platform

Table of contents:

1 Executive Summary

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global rigid packaging market 2017 - 2021
• Exhibit 18: Historic market size – Data table on global rigid packaging market 2017 - 2021 ($ billion)

• 4.2 Type segment analysis 2017 - 2021 
• Exhibit 19: Historic market size – Type segment 2017 - 2021 ($ billion)

• 4.3 Application segment analysis 2017 - 2021
• Exhibit 20: Historic market size – Application segment 2017 - 2021 ($ billion)

• 4.4 Geography segment analysis 2017 - 2021 
• Exhibit 21: Historic market size – Geography segment 2017 - 2021 ($ billion)

• 4.5 Country segment analysis 2017 - 2021 
• Exhibit 22: Historic market size – Country segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Type

• 6.1 Market segments 
• Exhibit 30: Chart on Type - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Type - Market share 2022-2027 (%)

• 6.2 Comparison by Type 
• Exhibit 32: Chart on Comparison by Type
• Exhibit 33: Data Table on Comparison by Type

• 6.3 Plastic - Market size and forecast 2022-2027
• Exhibit 34: Chart on Plastic - Market size and forecast 2022-2027 ($ billion)
• Exhibit 35: Data Table on Plastic - Market size and forecast 2022-2027 ($ billion)
• Exhibit 36: Chart on Plastic - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Plastic - Year-over-year growth 2022-2027 (%)

• 6.4 Metal - Market size and forecast 2022-2027
• Exhibit 38: Chart on Metal - Market size and forecast 2022-2027 ($ billion)
• Exhibit 39: Data Table on Metal - Market size and forecast 2022-2027 ($ billion)
• Exhibit 40: Chart on Metal - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Metal - Year-over-year growth 2022-2027 (%)

• 6.5 Glass - Market size and forecast 2022-2027
• Exhibit 42: Chart on Glass - Market size and forecast 2022-2027 ($ billion)
• Exhibit 43: Data Table on Glass - Market size and forecast 2022-2027 ($ billion)
• Exhibit 44: Chart on Glass - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Glass - Year-over-year growth 2022-2027 (%)

• 6.6 Market opportunity by Type 
• Exhibit 46: Market opportunity by Type ($ billion)

7 Market Segmentation by Application

• 7.1 Market segments 
• Exhibit 47: Chart on Application - Market share 2022-2027 (%)
• Exhibit 48: Data Table on Application - Market share 2022-2027 (%)

• 7.2 Comparison by Application 
• Exhibit 49: Chart on Comparison by Application
• Exhibit 50: Data Table on Comparison by Application

• 7.3 Food and beverages - Market size and forecast 2022-2027
• Exhibit 51: Chart on Food and beverages - Market size and forecast 2022-2027 ($ billion)
• Exhibit 52: Data Table on Food and beverages - Market size and forecast 2022-2027 ($ billion)
• Exhibit 53: Chart on Food and beverages - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Food and beverages - Year-over-year growth 2022-2027 (%)

• 7.4 Pharmaceuticals - Market size and forecast 2022-2027
• Exhibit 55: Chart on Pharmaceuticals - Market size and forecast 2022-2027 ($ billion)
• Exhibit 56: Data Table on Pharmaceuticals - Market size and forecast 2022-2027 ($ billion)
• Exhibit 57: Chart on Pharmaceuticals - Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on Pharmaceuticals - Year-over-year growth 2022-2027 (%)

• 7.5 Personal care - Market size and forecast 2022-2027
• Exhibit 59: Chart on Personal care - Market size and forecast 2022-2027 ($ billion)
• Exhibit 60: Data Table on Personal care - Market size and forecast 2022-2027 ($ billion)
• Exhibit 61: Chart on Personal care - Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on Personal care - Year-over-year growth 2022-2027 (%)

• 7.6 Others - Market size and forecast 2022-2027
• Exhibit 63: Chart on Others - Market size and forecast 2022-2027 ($ billion)
• Exhibit 64: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
• Exhibit 65: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 66: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 7.7 Market opportunity by Application 
• Exhibit 67: Market opportunity by Application ($ billion)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 69: Chart on Market share by geography 2022-2027 (%)
• Exhibit 70: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 71: Chart on Geographic comparison
• Exhibit 72: Data Table on Geographic comparison

• 9.3 APAC - Market size and forecast 2022-2027
• Exhibit 73: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 74: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 75: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027
• Exhibit 77: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 78: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 79: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 North America - Market size and forecast 2022-2027
• Exhibit 81: Chart on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 82: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 83: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027
• Exhibit 85: Chart on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 86: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 87: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 89: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 90: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 91: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 China - Market size and forecast 2022-2027
• Exhibit 93: Chart on China - Market size and forecast 2022-2027 ($ billion)
• Exhibit 94: Data Table on China - Market size and forecast 2022-2027 ($ billion)
• Exhibit 95: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.9 US - Market size and forecast 2022-2027
• Exhibit 97: Chart on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 98: Data Table on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 99: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.10 India - Market size and forecast 2022-2027
• Exhibit 101: Chart on India - Market size and forecast 2022-2027 ($ billion)
• Exhibit 102: Data Table on India - Market size and forecast 2022-2027 ($ billion)
• Exhibit 103: Chart on India - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on India - Year-over-year growth 2022-2027 (%)

• 9.11 Japan - Market size and forecast 2022-2027
• Exhibit 105: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
• Exhibit 106: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
• Exhibit 107: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 108: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.12 Germany - Market size and forecast 2022-2027
• Exhibit 109: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
• Exhibit 110: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
• Exhibit 111: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 112: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 113: Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 114: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape 
• Exhibit 115: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 116: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 117: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 118: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 119: Matrix on vendor position and classification

• 12.3 ALPLA Werke Alwin Lehner 
• Exhibit 120: ALPLA Werke Alwin Lehner - Overview
• Exhibit 121: ALPLA Werke Alwin Lehner - Product / Service
• Exhibit 122: ALPLA Werke Alwin Lehner - Key offerings

• 12.4 Amcor Plc 
• Exhibit 123: Amcor Plc - Overview
• Exhibit 124: Amcor Plc - Business segments
• Exhibit 125: Amcor Plc - Key news
• Exhibit 126: Amcor Plc - Key offerings
• Exhibit 127: Amcor Plc - Segment focus

• 12.5 Ardagh Group SA 
• Exhibit 128: Ardagh Group SA - Overview
• Exhibit 129: Ardagh Group SA - Business segments
• Exhibit 130: Ardagh Group SA - Key news
• Exhibit 131: Ardagh Group SA - Key offerings
• Exhibit 132: Ardagh Group SA - Segment focus

• 12.6 Ball Corp. 
• Exhibit 133: Ball Corp. - Overview
• Exhibit 134: Ball Corp. - Business segments
• Exhibit 135: Ball Corp. - Key news
• Exhibit 136: Ball Corp. - Key offerings
• Exhibit 137: Ball Corp. - Segment focus

• 12.7 Berry Global Group Inc. 
• Exhibit 138: Berry Global Group Inc. - Overview
• Exhibit 139: Berry Global Group Inc. - Business segments
• Exhibit 140: Berry Global Group Inc. - Key news
• Exhibit 141: Berry Global Group Inc. - Key offerings
• Exhibit 142: Berry Global Group Inc. - Segment focus

• 12.8 Borealis AG 
• Exhibit 143: Borealis AG - Overview
• Exhibit 144: Borealis AG - Business segments
• Exhibit 145: Borealis AG - Key news
• Exhibit 146: Borealis AG - Key offerings
• Exhibit 147: Borealis AG - Segment focus

• 12.9 Crown Holdings Inc. 
• Exhibit 148: Crown Holdings Inc. - Overview
• Exhibit 149: Crown Holdings Inc. - Business segments
• Exhibit 150: Crown Holdings Inc. - Key offerings
• Exhibit 151: Crown Holdings Inc. - Segment focus

• 12.10 DS Smith Plc 
• Exhibit 152: DS Smith Plc - Overview
• Exhibit 153: DS Smith Plc - Business segments
• Exhibit 154: DS Smith Plc - Key offerings
• Exhibit 155: DS Smith Plc - Segment focus

• 12.11 Gerresheimer AG 
• Exhibit 156: Gerresheimer AG - Overview
• Exhibit 157: Gerresheimer AG - Business segments
• Exhibit 158: Gerresheimer AG - Key news
• Exhibit 159: Gerresheimer AG - Key offerings
• Exhibit 160: Gerresheimer AG - Segment focus

• 12.12 KP Holding GmbH and Co. KG 
• Exhibit 161: KP Holding GmbH and Co. KG - Overview
• Exhibit 162: KP Holding GmbH and Co. KG - Product / Service
• Exhibit 163: KP Holding GmbH and Co. KG - Key offerings

• 12.13 Plastipak Holdings Inc. 
• Exhibit 164: Plastipak Holdings Inc. - Overview
• Exhibit 165: Plastipak Holdings Inc. - Product / Service
• Exhibit 166: Plastipak Holdings Inc. - Key offerings

• 12.14 Silgan Holdings Inc. 
• Exhibit 167: Silgan Holdings Inc. - Overview
• Exhibit 168: Silgan Holdings Inc. - Business segments
• Exhibit 169: Silgan Holdings Inc. - Key offerings
• Exhibit 170: Silgan Holdings Inc. - Segment focus

• 12.15 Sonoco Products Co. 
• Exhibit 171: Sonoco Products Co. - Overview
• Exhibit 172: Sonoco Products Co. - Business segments
• Exhibit 173: Sonoco Products Co. - Key offerings
• Exhibit 174: Sonoco Products Co. - Segment focus

• 12.16 TotalEnergies SE 
• Exhibit 175: TotalEnergies SE - Overview
• Exhibit 176: TotalEnergies SE - Business segments
• Exhibit 177: TotalEnergies SE - Key news
• Exhibit 178: TotalEnergies SE - Key offerings
• Exhibit 179: TotalEnergies SE - Segment focus

• 12.17 Vetropack Holding Ltd. 
• Exhibit 180: Vetropack Holding Ltd. - Overview
• Exhibit 181: Vetropack Holding Ltd. - Product / Service
• Exhibit 182: Vetropack Holding Ltd. - Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 183: Inclusions checklist
• Exhibit 184: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 185: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 186: Research methodology
• Exhibit 187: Validation techniques employed for market sizing
• Exhibit 188: Information sources

• 13.5 List of abbreviations 
• Exhibit 189: List of abbreviations

 About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio