[178+ Pages Research Report] Global Rigid Food Packaging Market to surpass USD 934.73 billion by 2030 from USD 564.95 billion in 2020 at a CAGR of 6.9% in the coming years, i.e., 2021-30. The market's growth is being fueled by strong growth in the transportation and logistics sector around the world.

Product Overview

The process of enclosing or covering finished food items for delivery, storage, sale, and end-use is known as packaging. Rigid packaging has become increasingly relevant in the food and beverage industry because it extends the shelf life of packaged foods. Bottles, cans, ampules, aerosol containers, aluminum bottles, and jars are examples of rigid packaging containers. As compared to other forms of packaging, rigid plastic packaging containers provide distinct advantages such as high impact strength, stiffness, and barrier properties, all of which have contributed to the growth of the rigid plastic packaging medium market in recent years.

Market Highlights

Global Rigid Food Packaging market is expected to project a notable CAGR of 6.9% in 2030.

Booming e-commerce industry around the world is driving demand for rigid packaging. Many customers are switching from conventional shopping to online shopping for a variety of reasons, including the availability of various products, faster delivery, simpler return policies, and free shipping. Furthermore, the trade-related agreement among countries is boosting the market's growth.

Global Rigid Food Packaging Market: Segments

Plastic segment to grow with the highest CAGR during 2020-30

Global Rigid Food Packaging market is segmented by material into Plastic, Metal, Paper & Paperboard, Glass, and Bioplastic. Plastic segment held the largest market share in the year 2020. Plastic's advantages, such as high strength and stability, have made it a common material for rigid packaging. Furthermore, it can be shaped into a variety of shapes and sizes without sacrificing consistency. Aluminum, stainless steel, and tin are among the metals used. Aluminum is the most common metal used in rigid packaging. Metals are used to make a variety of packaging materials, including containers and cans. Because of their immense strength and toughness, metals are often used. It's most widely used as a tertiary source of packaging, forming the outermost packaging layer that doesn't come into direct contact with the product.

Food & beverages segment to grow with the highest CAGR during 2020-30

Global Rigid Food Packaging market is divided by application into Food & beverages, Pharmaceuticals, Personal care, and Others. Over the forecast period, the Food & beverages segment is projected to expand at the fastest pace. Increased demand for packaged food as a result of shifting lifestyles is expected to be one of the segment's key growth drivers. The booming beverage industry, which is driven by goods like liquor and energy drinks, is driving up demand for rigid packaging. Pharmaceutical packaging is done to protect drugs from being infected and to keep microbial growth at bay. Drugs with proper packaging have a longer shelf life. The demand for rigid packaging is expected to rise as spending on medicines and medical devices rises.

Market Dynamics

Drivers

Increased Storage Period and Surging Demand from End Users

The market for rigid packaging is expected to expand in response to rising demand for industrial bulk packaging across a variety of industries. The growing use of pails, drums, and kegs in bulk packaging is expected to drive rigid packaging market development. Furthermore, rigid intermediate bulk containers (RBCs) are gaining popularity in the packaging industry as a means of simplifying handling and transportation, resulting in market expansion.

Environmental Concerns

The market is expected to expand due to the increasing use of paperboard in rigid packaging for environmental reasons. Paper and paperboard can be reused several times, making them an excellent packaging material that also helps to reduce total packaging costs. As a result, the growing need for environmental sustainability is fueling demand for paper-based rigid packaging, which is driving rigid packaging market development.

Restraint

Competition from Local Manufacturers and High Costs Associated with Market

The use of rigid packaging is expected to be limited as the demand for flexible packaging materials grows. This aspect is expected to stifle the growth of the rigid packaging industry. Strict rules and regulations are expected to stifle demand growth due to increasing concerns about the use of single-use plastic and other grades of plastic in rigid packaging.

Global Rigid Food Packaging Market: Key Players

Reynolds Group Holdings Limited

Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis

Sealed Air Corporation

Mondi Group

Amcor Limited

Bemis Company

DS Smith Plc.

Holmen AB

Georgia-Pacific LLC

Berry Plastics Corporation

Other Prominent Players

Global Rigid Food Packaging Market: Regions

Global Rigid Food Packaging market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa.

Global Rigid Food Packaging in the Asia Pacific held the largest market share in the year 2020. The pharmaceutical and food and beverage industries are rapidly expanding in this area. Furthermore, emerging economies such as China and India are expected to see a significant increase in rigid packaging demand over the forecast period. In North America, the United States was the leading income contributor. In 2020, the most common material in this area was plastic. One of the main drivers of the regional market is the robust development of the food and beverage industry. Regulations requiring recycling and material protection in order to preserve environmental balance are driving demand for bioplastic packaging.

Global Rigid Food Packaging Market is further segmented by region into:

North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada

Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America

Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe

Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC

Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA

Global Rigid Food Packaging Market report also contains analysis on:

Rigid Food Packaging Market Segments:

By Material

Plastic

Metal

Paper & Paperboard

Glass

Bioplastic

By Application

Food & beverages

Pharmaceuticals

Personal care

Others

Rigid Food Packaging Market Dynamics

Rigid Food Packaging Market Size

Supply & Demand

Current Trends/Issues/Challenges

Competition & Companies Involved in the Market

Value Chain of the Market

Market Drivers and Restraints

Rigid Food Packaging Market Report Scope and Segmentation

Frequently Asked Questions

How big is the Rigid Food Packaging market

What is the Rigid Food Packaging market growth

Which segment accounted for the largest Rigid Food Packaging market share

Who are the key players in the Rigid Food Packaging market

What are the factors driving the Rigid Food Packaging market

Contents

1. Executive Summary

2. Global Rigid Food Packaging Market

1. Product Overview

2. Market Definition

3. Segmentation

4. Assumptions and Acronyms

3. Research Methodology

1. Research Objectives

2. Primary Research

3. Secondary Research

4. Forecast Model

5. Market Size Estimation

4. Average Pricing Analysis

5. Macro-Economic Indicators

6. Market Dynamics

1. Growth Drivers

2. Restraints

3. Opportunity

4. Trends

7. Correlation & Regression Analysis

1. Correlation Matrix

2. Regression Matrix

8. Recent Development, Policies & Regulatory Landscape

9. Risk Analysis

1. Demand Risk Analysis

2. Supply Risk Analysis

10. Global Rigid Food Packaging Market Analysis

1. Porters Five Forces

1. Threat of New Entrants

2. Bargaining Power of Suppliers

3. Threat of Substitutes

4. Rivalry

2. PEST Analysis

1. Political

2. Economic

3. Social

4. Technological

11. Global Rigid Food Packaging Market

1. Market Size & forecast, 2020A-2030F

1. By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. By Volume (Billion Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

12. Global Rigid Food Packaging Market: Market Segmentation

1. By Regions

1. North America:(U.S. and Canada), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. By Material: Market Share (2020-2030F)

1. Plastic, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. Metal, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

3. Paper & Paperboard, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

4. Glass, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

5. Bioplastic, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

3. By Application: Market Share (2020-2030F)

1. Food & Beverages, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

2. Pharmaceuticals, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

3. Personal Care, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

4. Others, By Value (USD Billion) 2020-2030F; Y-o-Y Growth (%) 2021-2030F

Company Profile

1. Reynolds Group Holdings Limited

1. Company Overview

2. Company Total Revenue (Financials)

3. Market Potential

4. Global Presence

5. Key Performance Indicators

6. SWOT Analysis

7. Product Launch

2. Sealed Air Corporation

3. Mondi Group

4. Amcor Limited

5. Bemis Company

6. DS Smith Plc.

7. Holmen AB

8. Georgia-Pacific LLC

9. Berry Plastics Corporation

10. Other Prominent Players

Consultant Recommendation

**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

Methodology/Research Approach

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Research Programs/Design

Historical Data (2015-2019)	Industry Trends Competitive Landscape By Company Expansion Mergers and Acquisitions Market Segment by Type by Application By Regions/ Geography	Value Status and Outlook Value for Major Players Market Share Growth Rate Present Situation Analysis Value Market Share Growth Rate Present Situation Analysis
Influencing Factors	Market Environment Government Policy Technological Changes Market Risks	Market Drivers Growing Demand of Downstream Reduction in Cost
Market Forecast (2021-2026)	Overall Size by Type by Application By Regions/Geography	Key Data (Value) Market Share Growth Rate CAGR (2021-2026)

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Market Size	Segmental value Geographic Penetration Product Adoption Rate for Different market	Journals, Websites, and Press Releases Annual Reports and SEC Filings Company Websites and Press Releases Public and Paid Databases Market Intellix Data Repository
Market Position of Top Company	Product Financials Geographic value Mix Total Company value Business/Segmental value Mix
Qualitative Analysis	Influence Factors Market Potential Market Risks and Opportunities Industry Trends Geographical Features Government Policies	Company Websites and Press Releases Public and Paid Databases Annual Reports Industry Associations Market Intellix Data Repository

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources

Primary Sources	Parameters	Key Data
Market Segments(by Application, by Type)	Value by Type Status and Forecast Value by Application Value by Regions, Status and Forecast (2021-2026)	Value Market Share by Type Value Growth Rate by Type Value by Application Percentage and Growth Rate by Application Value Growth Rate and Market Share by Regions Market Size Status and Forecast (2021-2026)
Total Market	Overall Size, Status and Forecast	Market Size Status and Forecast (2021-2026)