Rigid Packaging Market Trends

Skyquest Technology's expert advisors have carried out comprehensive research on the rigid packaging market to identify the major global and regional market trends and growth opportunities for leading players and new entrants in this market. The analysis is based on in-depth primary and secondary research to understand the major market drivers and restraints shaping the future development and growth of the industry.

Rigid Packaging Market Dynamics

Rigid Packaging Market Driver

Rigid packaging is versatile and highly protective to boost the market growth

  • Rigid packaging can be made in just about any shape. One can make cavities that properly fit the products. Flexible packaging, which usually only resembles a bag or pouch, is really only appropriate for a small number of home goods and food products, such as holding dishwasher detergent pods. A vast range of things, including food, medicine, electronics, toys, personal care products, office supplies, equipment, and much more, can be packaged in rigid plastic. In comparison to plastic materials, cardboard packaging may be moulded into a wide variety of shapes, but the cost of producing intricate cardboard patterns can be very high.
  • Rigid Packaging is highly impact-resistant. Plastic safeguards the product and can withstand damage if a package falls off a store shelf. Product damage is less common as a result of durable packaging, which benefits the bottom line. For high-value retail goods, tools, office supplies, electronics, and toys—all of which are frequently targeted for theft—custom clamshell packaging is the best option. Due to its hard and sturdy exterior, rigid packaging does a superior job of protecting the contents inside. It would take a lot for anything to penetrate the sturdy architecture of rigid packaging materials because their walls are thicker and more robust. It will provide defence from scuffs, bumps, sunlight, wind, heat, cold, and everything else thrown at it.

Rigid Packaging Market Restraint

Limited Customization Options to Impede the Market Growth

  • Customization options are severely limited with rigid packaging. Any packaging changes are quite expensive to add on due to the fixed and inflexible nature of this sort of packaging, especially once they have already been moulded into the required shape. 
  • Before any type of manufacturing can take place, the only changes that can be made to this type of packaging must be planned for and incorporated into the design.

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Rigid Packaging Market size was valued at USD 369.21 Billion in 2023 and is poised to grow from USD 382.5 Billion in 2024 to USD 510.02 Billion by 2032, growing at a CAGR of 3.6% during the forecast period (2025-2032).

The rigid packaging market is fragmented in nature and is dominated by industry players. Companies in the market have used a variety of strategies, including expansion, mergers and acquisitions, partnerships, and joint ventures, to increase their global footprint and, as a result, their market shares. 'Amcor plc  ', 'Berry Global, Inc.', 'Ball Corporation', 'Crown Holdings, Inc.', 'Sealed Air Corporation', 'DS Smith Plc', 'WestRock Company', 'Sonoco Products Company', 'Huhtamaki Oyj', 'Ardagh Group S.A.', 'Silgan Holdings Inc.', 'Owens-Illinois, Inc.', 'Graphic Packaging Holding Company', 'Tetra Pak International S.A.', 'Smurfit Kappa Group plc', 'Mondi plc', 'Coveris Holdings S.A.', 'Gerresheimer AG', 'AptarGroup, Inc.'

Rigid packaging can be made in just about any shape. One can make cavities that properly fit the products. Flexible packaging, which usually only resembles a bag or pouch, is really only appropriate for a small number of home goods and food products, such as holding dishwasher detergent pods. A vast range of things, including food, medicine, electronics, toys, personal care products, office supplies, equipment, and much more, can be packaged in rigid plastic. In comparison to plastic materials, cardboard packaging may be moulded into a wide variety of shapes, but the cost of producing intricate cardboard patterns can be very high.

Sustainable packaging, sometimes known as green packaging, is a recent development in the industry. The demand for renewable and environmentally friendly materials is increasing as a result of strict restrictions surrounding the recycling of packing materials. Over the past few years, the demand for bioplastics for packaging has grown significantly, and it is projected that this trend will persist over the coming years.

Asia-Pacific is dominating the rigid packaging market share in terms of revenue. This is attributable to the growing customer preference for internet shopping, rapid urbanisation, and the thriving manufacturing industry. Asia-Pacific dominates the industry due to the presence of several manufacturers of food, drinks, and personal care products. Rigid packaging market is primarily driven by the large populations and rapid economic growth of emerging nations like China and India. With products like yoghurt, sour milk products, and bottled water being supplied in rigid plastic packaging, the region's beverage and packaged food markets are expanding quickly. India has been gaining considerable traction in the rigid packaging market, particularly due to widespread beverage and food applications. The demand for rigid beverage packaging in India has increased as more people switch to bottled water as a more hygienic option to water purifiers.

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Global Rigid Packaging Market
Rigid Packaging Market

Report ID: SQMIG15G2054

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