Rigid Bulk Packaging Market Size, Share & Industry Analysis, By Material (Plastic, Wood, Metal, Glass, Bioplastic, Paper & Cardboard and Others), By End-Use Industry (Food & Beverages, Pharmaceuticals, Personal Care, Chemical and Other) and Regional Forecast, 2023-2030

Region : Global | Report ID: FBI105102 | Status : Ongoing

KEY MARKET INSIGHTS

Rigid bulk packaging is one of the crucial part of packaging industry. Packaging is the primary type of strong protection that is used to prevent the fragile products from getting damaged. Rigid bulk packaging is highly employed for packaging volatile, highly reactive products and delicate type of products. It prevents leakage and contamination of products like pharmaceuticals, chemicals, and other perishables. Rigid packaging involves use of materials like metals, cardboard, plastic, glass, wood and other.

Shifting preferences of consumers toward online shopping has substantially increased the demand for rigid packaging. Additional benefits of online shopping like home delivery, discounts, and offers have significantly fueled the e-commerce sector. Moreover, increasing logistics and transportation activities is likely to boost the demand for rigid bulk packaging.

However, flexible packaging is gaining popularity due to certain properties like cost-effectiveness and lower carbon footprints are likely to hinder the market growth.

Key Market Driver -

Growing demand from e-commerce sector.

Key Market Restraint -

Increasing popularity of flexible packaging.

Market Segmentation:

Based on material, the global rigid packaging market is segmented into plastic, wood, metal, glass, bioplastic, paper & cardboard, and others. Based on end-use industry, market is segmented into food & beverages, pharmaceuticals, personal care, chemicals, and others.

From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Key Players Covered:

The global rigid bulk packaging market consists of global & regional players operating. Some of the key players in the market include Core Plastech International Inc, PlastiPak, SCHÜTZ GmbH & Co. KGaA, Berry Global Inc, Packaging Corporation of America, Hoover Ferguson Group, Inc, Amcor, Schoeller Allibert, and others.

Key Insights

New Advancements in Production Technologies

Key Trends in the Rigid Bulk Packaging Market

New Product Launches, Expansions, Key Players

Ranking of Key Players in the Market

Regional Analysis:

The market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia pacific is anticipated to hold the largest share in market attributed to the growing packaging industry. Growing e-commerce industry in India is one of the major factor influencing regional growth. North America is expected to show significant growth due to presence of large manufacturing base for packaging material. Europe is expected to exhibit considerable growth due to demand for rigid packaging material from healthcare and construction sector increasing logistics and shipping activities shall propel growth in European region. Latin America & Middle East & Africa shall exhibit sluggish growth by the end of forecast period.

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Segmentation

ATTRIBUTE	DETAILS
By Material	Plastic Wood Metal Glass Bioplastic Paper & Cardboard Others
By End-Use Industry	Food & Beverages Pharmaceuticals Personal Care Chemical Others
By Geography	North America (U.S., and Canada) Europe (Germany, UK, France, Italy, and Rest of Europe) Asia Pacific (China, India, Japan, and Rest of Asia Pacific) Latin America (Mexico, Brazil, and Rest of Latin America) Middle East & Africa (UAE, South Africa, and Rest of Middle East & Africa)

Rigid Bulk Packaging Industry Developments

In February 2020, PlastiPak announced the making of a significant investment in the new light-weight finish technology for carbonated beverage bottles.

In October 2015, Amcor, a leading rigid plastic packaging launched a new child resistant closure for ophthalmic packaging under the brand name SecurePlus.

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SPEAK TO ANALYST

PUBLISHING STATUS: Ongoing
BASE YEAR: 2022
HISTORICAL DATA: 2019-2021

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