Rigid Packaging Market Analysis

Rigid Packaging Market Analysis

To get key market trends

  Download Free Sample

Based on material type, the market is segmented as plastic, glass, metal, paperboard, others. Plastic held a majority market value of USD 73.6 billion in 2022. Plastics are lightweight and can be molded into various shapes and sizes, making them suitable for a wide range of products. Plastic packaging is often more affordable to produce compared to other materials.
 

Based on product type, the rigid packaging industry is segmented as bottles and jars, cans, cartons and boxes, tubes and containers, trays and clamshells. Bottles and jars held a dominant market share of around 35% in 2022 and is expected to grow at a lucrative pace through 2032. Demand for beverage packaging, including water, soft drinks, and alcoholic beverages.
 

Based on production process, the industry is segmented as blow molding, thermoforming, injection molding, extrusion. Blow molding held a dominant market share in 2022 and is anticipated to grow at 4.1% CAGR between 2023 and 2032. Blow molding is commonly used for producing plastic bottles, jars, and containers. Blow molding is relatively quick, suitable for high-volume production.
 

Based on end-use, the rigid packaging market is segmented as food and beverage, personal care and cosmetics, pharmaceuticals and healthcare, household and cleaning products, electronics, other. Food and beverage held a dominant market share in 2022 and is anticipated to grow significantly till 2032. Rigid packaging ensures the freshness, quality, and hygiene of food and beverages.
 

U.S. dominated the North American region with majority market share and a revenue of USD 42.8 billion in 2022 and is anticipated to expand at a significant pace from 2023-2032. North American consumers are increasingly conscious of environmental issues, driving demand for sustainable packaging solutions.