The rigid plastic packaging market will achieve global expansion and growth
Plastic packaging can be found everywhere, and rigid plastics are the more common toughening plastics in use, which are used in a wide variety of applications such as packaging products or materials. Because it is easy to mold, light weight, non-corrosive and cheap, it is very suitable for industry.
Rigid plastic packaging can be especially used to increase the shelf life of products. There are different types of plastic packaging, such as: POTS, bottles, aluminum bottles, cans, corrugated boxes and aerosol containers.
The rigid plastic packaging market will achieve global expansion and growth
According to the findings of ZionMarketResearch, the demand for biodegradable rigid plastic packaging is expected to continue to grow and will drive the rapid development of the market in the near future. In addition, people's shift to beverages and other home care products will also have a positive impact on the development of the global rigid plastic packaging market. On the other hand, the rapid growth of urbanization is also contributing to the rapid growth of the market. In addition, the growth of people's disposable income will have a positive impact on the future market development. The basic properties of hard plastics such as hardness, resistance and strength are also increasing the demand for these plastics in the market. The innovative design of packaging in the food and beverage industry will drive the development of the rigid plastic packaging market in the future. Fierce competition in advanced rigid plastic packaging may hinder the development of the market to a certain extent. In addition, the increasing use of bisphenol A(BPA) in the manufacture of plastic products has also become a major challenge for the global rigid plastic packaging market.
The global rigid material packaging market can be classified on the basis of paper, glass, metal, plastic, etc. Among them, plastic packaging is the main part to maintain the advantage. The global market is based on end-user applications, which specifically include products available to consumers, food and beverage, personal care, electronics, pharmaceuticals, etc. Among them, the food and beverage industry is the leading end user application area. In addition, the pharmaceutical end-user application field is the second largest application field in the global rigid plastic packaging market.
Asia Pacific is emerging as a dominant region in terms of global revenue. In addition, the growing demand for hard plastics in China is also expected to drive the market in the future. Moreover, favorable growth of the food and beverage industry in China is expected to expand the market in the coming years. The European market is also showing significant growth momentum due to increased financial stability. North America is the second largest region after Europe. At the same time, the rapidly developing industrial network in North America is expected to promote the development of the rigid plastic packaging market.
hard plastic packaging market of the world's leading enterprises have GrahamPackagingCompanyInc, ConsolidatedContainerCo., DSSmith, GreinerPackagingInternational, AmcorRigidPlastics, ALPLAWerke, BerryPlasticsCorporation and LinpacGroup. Other significant players in the global market are Toyo SeikanKaisha, NampakPlasticsEurope, Zhuhai Zhongfu Enterprise Co LTD, Southeast Container Co LTD, RPC Group PLC, Silgan Plastics Co LTD and SerioplastSpA Co LTD.