Rigid Plastic Packaging Market Europe, Outlook and Future Scope Analysis till forecast 2023
Summary
Global Rigid Plastic Packaging Market Europe, Size information by Material (Bio plastics, Polyethylene Terephthalate (PET), Polyethylene (PE), Polyvinyl Chloride (PVC) and others), by Product (Bottles & jars, Trays, Tubs, Cups and others), by Manufacturing Process (Extrusion, Injection Molding, and others), by Application (Food & Beverages, Healthcare, Personal Care, Industrial Packaging and Others) and By Region Forecast To 2023
Overview
The worldwide market for Rigid Plastic Packaging Market Europe, Size is gaining high traction, on the back of mounting demand stemming from the food and beverages industry, a prominent end user of rigid plastic packaging. Evolving eating habits of consumers all over the world, given the rising preference for packaged foods, works in favor of the Rigid Plastic Packaging Market Europe, Size.
Top Players
Some of the esteemed players in the global Rigid Plastic Packaging Market Europe, Size are
Sealed Air Corporation (U.S.)
RPC Group Plc (U.K.)
Consolidated Container Company (U.S.)
Amcor Limited (Australia)
Plastipak Holdings, Inc. (U.S.)
Coveris Holdings S.A. (Luxembourg)
Reynolds Group Holdings (New Zealand)
Bemis Company, Inc. (U.S.)
Berry Plastics Corporation (U.S.)
Linpac Packaging Limited (U.K.)
ALPLA Werke Alwin Lehner GmbH & Co KG (Austria)
Silgan Holdings, Inc. (U.S.), to mention a few.
Market Segmentation
The global Rigid Plastic Packaging Market Europe has been segmented with regard to material, manufacturing process, application and product.
The applications covered in the MRFR report are Healthcare, Food & Beverages, Industrial Packaging Personal Care and others. Food & beverages emerged as the leading segment in the market and has the potential to achieve the highest growth rate in the following years. Burgeoning worldwide population combined with the soaring demand for food and beverages induces market growth.
Considering the product segment, the market consists of trays, bottles & jars, cups, tubs, and others. Bottles & jars are the leading segment in the market as bottles help package numerous products like water, juices, food products, carbonated soft drinks, and others. The constantly growing population, rising urbanization, and the mounting demand for beverages as well as household care products is boosting the demand for bottles and jars in the market.
Regional Insight
The worldwide Rigid Plastic Packaging Market Europe, Size is mainly concentrated in the regions of North America, Asia Pacific (APAC), Europe, and the Rest of the World (RoW).
North America is the second-best market for rigid plastic packaging, thanks to the high consumption of beverages like cold drinks, juices among others. Booming online sales also share the regional market positively, which is supplemented by the high disposable income of people in the region.
MEA along with Latin America shows promise and can attain a strong growth rate during the review period, on account of the accelerated demand from the e-commerce and manufacturing sector.
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