What Has Been the Growth Trajectory for the Rigid Packaging Market in Recent Years?
The rigid packaging market has seen considerable growth due to a variety of factors.
•The market size for rigid packaging has experienced significant growth in the recent past. A growth from $577.87 billion in 2024 to $609.27 billion in 2025, with a compound annual growth rate (CAGR) of 5.4%.
is anticipated. Factors such as material innovation, changing customer tastes, globalization, surge in e-commerce and enhanced supply chain efficiencies have contributed to this historic growth trend.
How Does the Forecast Look for the Rigid Packaging Market?
The rigid packaging market is expected to maintain its strong growth trajectory in upcoming years.
• The market size for rigid packaging is predicted to experience robust growth in the upcoming years, rising to "$775.44 billion in 2029 at a compound annual growth rate (CAGR) of 6.2%.
This growth during the projected period is attributed to factors such as circular economy strategies, shifting consumer wants, efforts to reduce climate change, enhancement of customization and personalization, adoption of sustainable measures and logistics improvement. Key trends to watch for in this time frame include sustainability efforts, innovative materials and technologies, the influence of e-commerce, cost effectiveness and supply chain enhancements, and brand diversification.
What Are The Leading Drivers Of Growth In The Rigid Packaging Market?
The increasing demand for eco-friendly and sustainable packaging is anticipated to stimulate the expansion of the rigid packaging market. Eco-friendly and sustainable packaging constitutes packaging products and solutions capable of minimizing environmental impacts, thereby viewed as an alternative to plastic packaging or other detrimental metal packaging. Rigid packaging, including containers like cans, ampoules, and bottles, deliver an extended shelf duration and superior product defense, constraining food wastage and the requirement for extra packaging. For example, in 2022, the Ellen MacArthur Foundation, a non-profit organization in the UK, is committed to making 100% of plastic packaging reusable, recyclable, or compostable, and enhancing the portion of post-consumer recycled material. Therefore, this increasing demand for eco-friendly and sustainable packaging is propelling the rigid packaging market.
How Are The Segments Defined Within The Global Rigid Packaging Market?
The rigid packaging market covered in this report is segmented –
1) By Product Type: Boxes, Trays, Containers And Cans, Bottles And Jars, Other Product Types
2) By Raw Material: Polyethylene (PE), Polyethylene Terephthalate (PET), Polystyrene (PS), Polypropylene (PP), Polyvinyl Chloride (PVC), Expanded Polystyrenes (EPs), Bioplastics, Other Raw Materials
3) By Production Process: Extrusion, Injection Molding, Thermoforming, Other Production Processes
4) By Application: Food And Beverages, Chemical Industry, Consumer Goods, Healthcare And Pharmaceuticals, Other Applications
Subsegments:
1) By Boxes: Folding Cartons, Rigid Boxes, Corrugated Boxes
2) By Trays: Blister Trays, Food Trays, Medical Trays
3) By Containers And Cans: Plastic Containers, Metal Cans, Glass Containers
4) By Bottles And Jars: Plastic Bottles, Glass Bottles, Jars
5) By Other Product Types: Tubs, Buckets, Pallets
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How Are New Trends Expected To Influence The Growth Of The Rigid Packaging Market?
The rigid packaging market is seeing a growing emphasis on partnerships and collaborations among companies in order to enhance their financial stability and product offerings. These strategic businesses alliances see enterprises harnessing each other's unique skills and resources for mutual benefits and success. For instance, TotalEnergies, the French multinational energy and petroleum enterprise, teamed up with Ecolab, the American corporation known for its services, technology, and systems for the treatment, purification, cleaning and hygiene of water, in February 2023. Their joint venture was to introduce plastic packaging that integrates recycled materials, which is meant for intense usage. This innovative offering from the RE:use range - a segment of RE:clic circular polymers collection - merges Post-Consumer Resin with high-performing booster resin. The goal is to promote circularity without compromising performance.
Who Are the Key Players in the Rigid Packaging Market?
Major companies operating in the rigid packaging market include:
• Amcor plc
• Reynolds Packaging
• Berry Global Inc.
• Sonoco Products Company
• Sealed Air Corporation
• Silgan Holdings Inc.
• Plastipak Holdings Inc.
• Consolidated Container Company
• Ball Corporation
• Crown Holdings Inc.
• Mondi plc
• Alpla Werke Alwin Lehner GmbH & Co KG
• DS Smith Plc
• Graham Packaging Company
• Huhtamaki Inc.
• Albea Group
• Pactiv LLC
• Takween Advanced Industries
• Al Jabri Plastic Factory
• Anivive Lifesciences
• Ardagh Group SA
• Brambles Ltd.
• Grief Inc.
• IPL Plastics
• SABIC
• Schoeller Allibert
• Vetropack Holding
What Is The Most Dominant Region In The Rigid Packaging Market?
Asia-Pacific was the largest region in the rigid packaging market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global rigid packaging market report during the forecast period. The regions covered in the rigid packaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
