Rigid Packaging Market by Material (Metal, Glass, Plastic, Paper & Cardboard, Bioplastic, and Wood), Type (Trays, Cans, Bottles & Jars, and Boxes & Containers), Application (Personal Care, Pharmaceuticals, Industrial, Food & Beverages, and Others), and Region (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023–2031
The global rigid packaging market size was USD 209.59 Billion in 2022 and is likely to reach USD 338.77 Billion by 2031, expanding at a CAGR of 5.48% during 2023–2031. The market growth is attributed to the growing demand for industrial bulk packaging in recent years.
Rigid packaging products are made from inflexible materials, which are not east to bend or to be forced out. Rigid packaging, unlike flexible packaging, offers structure and support to packed products. Rigid packaging materials include plastic bottles & boxes, glass jars & bottles, aluminum cans, corrugated & paperboard boxes, laundry detergent bottles, cans of soup, and others.
Packaging Distributors of America (PDA) reports that global rigid packaging is set to cross USD 800 billion by 2024. Rigid packaging is expected to have a strong position in consumer packaging goods (CPG) in the coming years, due to the many applications of rigid packaging in the industry. Aerosol cans are widely used for high-end beverages, perfumes, spirits, health products, and beauty products. Some products require rigid packaging for protection. In some cases, consumers prefer to buy products packaged in rigid packaging than flexible packaging.
The rigid packaging industry is continuously changing and evolving, which includes the materials used to produce closures and containers. Rigid packaging materials are firm in nature and have more hardness, heavyweight, and high mechanical strength compared to flexible materials. New and innovative packaging materials are developed to adhere to the increasing requirements of keeping food products fresh for a long time.
COVID-19 Impact on Rigid Packaging Market
The COVID-19 pandemic has moderate impact on the rigid packaging market. Rigid packaging is very helpful to keep fresh food safe, healthy, and protected from getting contaminated. The demand for food items packed within rigid packaging decreased around 20% to 30%, owing to the spread of the pandemic across the globe. Rigid packaging manufacturers were needed to modify the packaging products to be healthier and safer than before during the pandemic.
The demand for single-use plastic increased, as consumers were concerned with reusable packaging that raises the risk of spreading the virus. On the other hand, the growing demand for necessary supplies such as food, disinfections, medicines, sanitizers, dairy products, face masks, and others is increasing packaging products requirements and boosting the global rigid packaging market.
Rigid Packaging Market Dynamics
The research report presents a complete overview by providing detailed information about the current market trends, existing drivers, growth opportunities and potentials, and emerging challenges. The global rigid packaging market report has up-to-date insights about market dynamics and market scenarios that can shape the overall market performance and output during the forecast period, 2023 to 2031.
What are the Major Trends in the Global Rigid Packaging Market?
Introduction of innovative rigid packaging methods
Manufacturers across the globe have shifted their attention toward developing innovative rigid packaging products. The continuous developments of innovative packaging products aid manufacturers to adhere to the stringent environmental standards regarding packaging procedures, that have been developed by governments and authorities across several regions. High demand and adoption of innovative rigid packaging processes and materials are the current key market trends.
Which Factors are Driving the Demand for Global Rigid Packaging Market?
Increasing demand for industrial bulk packaging
Increasing demand for industrial bulk packaging through various industries such as healthcare, pharmaceuticals, and chemicals is expected to compel the growth of the rigid packaging market. The growing use of pails, keys, and drums is expected to boost bulk packaging for the growth of the market. Rigid intermediate bulk containers (IBCs) are gaining popularity in the packaging industry, as these containers offer ease in handling and transportation of goods. The growing usage of such packaging containers across the globe drives the global rigid packaging market.
Increasing adoption of paperboard
Increasing the adoption of paperboard for rigid packaging, as this material is environmentally friendly and renewable, is expected to boost the rigid packaging market. Paper & paperboard materials can be used several times to make a sustainable form of packaging material. Paperboard is a cost-effective alternative to rigid packaging materials. Increasing demand for environment-friendly paperboard-based rigid packaging is expected to spur the growth of the global market in the coming years.
Increasing personal care industry
Increasing awareness regarding personal care and growing usage of cosmetic & personal care products are expected to propel the growth of the market. Developing countries such as India and China have experienced major growth in the consumer goods and logistics industry, due to growing disposable income. These factors are expected to boost the growth of the rigid packaging market in the coming years.
Increasing adoption of food supply
High adoption of long-term food storage for a continuous supply of food is expected to spur the global rigid packaging market growth in the coming years. Increasing food safety concerns are propelling the demand for rigid packaging. Several food manufacturers are adopting rigid packaging for the food supply industry to ensure effective and safe food delivery to consumers.
Which Factors are Limiting the Growth of the Global Rigid Packaging Market?
Strict rules and regulations
Uses of rigid packaging are expected to be restricted in recent years, due to the growing demand for flexible packaging materials. Strict rules and regulations regarding the usage of plastic in rigid packaging applications hamper the growth of the rigid packaging market.
What are the Growth Opportunities in the Global Rigid Packaging Market?
Increasing adoption of packaged foods
The increasing number of working people and rising disposable income boost the demand for packaged food items and beverages across the globe. Rapid urbanization and changing lifestyles, especially in developing countries, are boosting the rigid packaging market. Growing consumers’ inclinations towards convenient ready-to-eat and on-the-go food products to reduce cooking time fuels market growth.
Continuous development in the packaged food & beverages industry offers growth opportunities to the market players. Market players are producing recyclable, sustainable, and environmentally friendly packaging items by adopting technology, which is fueling the rise of the industry’s expansion. China, Brazil, and other regions are propelling the growth of the rigid packaging market.
Scope of Rigid Packaging Market Report
The report on the global rigid packaging market includes an assessment of the market trends, market segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Rigid Packaging Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2022 |
Historic Data |
2016–2021 |
Forecast Period |
2023–2031 |
Segmentation |
Material (Metal, Glass, Plastic, Paper & Cardboard, Bioplastic, and Wood), Type (Trays, Cans, Bottles & Jars, and Boxes & Containers), and Application (Personal Care, Pharmaceuticals, Industrial, Food & Beverages, and Others) |
Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report |
Reynolds Group Holding; Plastipak Holdings. Inc; Bemis Company Inc; Berry Plastics Corporation; Amcor Limited; Sealed Air Corporation; Sonoco; Consolidated Container Company; DS Smith Plc; Tetra Pak International; WestRock Company; Rehrig Pacific Company; and Nefab Group. |
Rigid Packaging Market Segment Insights
Which Major Factors influence the Significant Growth of the Plastic Segment?
Based on material, the global rigid packaging market is divided into metal, glass, plastic, paper & cardboard, bioplastic, and wood. The plastic segment is expected to expand at a significant growth rate during the projected period, as plastic is used more in rigid packaging than other materials. Plastic types such as polyethylene, polyethylene terephthalate, and polypropylene are used for the production of hard packaging products.
High strength and stability are the advantages of plastic, which have made it a popular material for manufacturing rigid packaging products. In addition, it can be formed into various shapes and sizes, while keeping its quality. The bioplastics segment is anticipated to hold a key share of the market in the coming years, owing to the increasing adoption of bioplastic materials in the packaging industry.
Bioplastics are made from biodegradable feedstocks, which degrades into soil similar to other organic matters. Increasing growth for bioplastics in the packaging sector, owing to the increasing awareness among the global population regarding the negative effects of plastic waste on the environment. Growing demand for bioplastics to replace plastic materials among consumers boosts the segment growth.
Why is the Bottles & Jars Segment More Prevalent than the Boxes & Containers Segment?
On the basis of type, the global market is segmented into trays, cans, bottles & jars, and boxes & containers. The bottle & jar segment is to dominate the market share during the forecast period, as the bottles and jars are usually used for carbonated soft drinks, juices, food products, water, and others. Bottles and jars are used to store the food items such as pickles, jams, peanuts, spices, and dry grapes as well. Increasing demand for household products and bottled beverages boost the growth of the segment.
The boxes & containers segment is anticipated to hold the largest market share during the forecast period. Boxes and containers are used to store the other items temporarily and are used to transport those items as well. Boxes and containers may differ in size, content, and weight. Proper care taken of boxes and containers avoids any workplace injuries.
What are the Main Aspects for Boosting the Food & Beverages Segment?
Based on application, the global rigid packaging market is segregated into personal care, pharmaceuticals, industrial, food & beverages, and others. The food & beverages segment is projected to register a considerable CAGR during the forecast period, owing to increasing population and high demand for food & beverage products across the globe. Rapid urbanization, changing lifestyles, and rising disposable income among consumers propel the demand for packaged food and beverage products, which boosts the segment growth.
The pharmaceutical segment is anticipated to expand rapidly during the forecast period. Rigid packaging in pharmaceuticals is used to keep medicines safe and free from getting polluted as well as to avoid any unwanted microbial growth. Proper packaging helps to increase the shelf life of drugs. Increasing expenditure on well-packaged medicines fuels the growth of the segment.
Why is Asia Pacific dominating the Global Rigid Packaging Market?
In terms of region, the global rigid packaging market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market size of Asia Pacific is expected to dominate the global market during the projected period. China and India are the emerging markets that are expected to propel the growth of the rigid packaging market in the region. The increasing population, growing demand for convenient packaged food & beverages, and rising popularity of reusable packaging alternatives are the major factors driving the rigid packaging market in Asia Pacific.
New packaging material development combined with demand for small packaging sizes is further expected to provide growth in the market. Rapid urbanization boosts the packaging industry and spurs the growth of the rigid packaging market in Asia Pacific. Europe is anticipated to expand at a rapid pace during the forecast period and is considered the second dominating region for the rigid packaging market.
The food & beverages and personal care product industries in the region and many other countries in the region have reached a high saturation point of consumption of packaged goods. The European market is changing the consumer lifestyle in advanced countries and increasing disposable income in the regions.
2. Assumptions and Acronyms Used
3. Research Methodology
4. Rigid Packaging Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Rigid Packaging Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Rigid Packaging Market - Supply Chain
4.5. Global Rigid Packaging Market Forecast
4.5.1. Rigid Packaging Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Rigid Packaging Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Rigid Packaging Market Absolute $ Opportunity
5. Global Rigid Packaging Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Rigid Packaging Market Size and Volume Forecast by Types
5.3.1. Trays
5.3.2. Cans
5.3.3. Bottles & Jars
5.3.4. Boxes & Containers
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Rigid Packaging Market Analysis and Forecast by Applications
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Applications
6.2.2. Y-o-Y Growth Projections by Applications
6.3. Rigid Packaging Market Size and Volume Forecast by Applications
6.3.1. Personal Care
6.3.2. Pharmaceuticals
6.3.3. Industrial
6.3.4. Food & Beverages
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Applications
6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Rigid Packaging Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. Rigid Packaging Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global Rigid Packaging Demand Share Forecast, 2019-2026
8. North America Rigid Packaging Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America Rigid Packaging Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America Rigid Packaging Market Size and Volume Forecast by Types
8.4.1. Trays
8.4.2. Cans
8.4.3. Bottles & Jars
8.4.4. Boxes & Containers
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. North America Rigid Packaging Market Size and Volume Forecast by Applications
8.7.1. Personal Care
8.7.2. Pharmaceuticals
8.7.3. Industrial
8.7.4. Food & Beverages
8.7.5. Others
8.8. Basis Point Share (BPS) Analysis by Applications
8.9. Y-o-Y Growth Projections by Applications
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America Rigid Packaging Demand Share Forecast, 2019-2026
9. Latin America Rigid Packaging Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America Rigid Packaging Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America Rigid Packaging Market Size and Volume Forecast by Types
9.4.1. Trays
9.4.2. Cans
9.4.3. Bottles & Jars
9.4.4. Boxes & Containers
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Latin America Rigid Packaging Market Size and Volume Forecast by Applications
9.7.1. Personal Care
9.7.2. Pharmaceuticals
9.7.3. Industrial
9.7.4. Food & Beverages
9.7.5. Others
9.8. Basis Point Share (BPS) Analysis by Applications
9.9. Y-o-Y Growth Projections by Applications
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America Rigid Packaging Demand Share Forecast, 2019-2026
10. Europe Rigid Packaging Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Europe Average Pricing Analysis
10.2. Europe Rigid Packaging Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe Rigid Packaging Market Size and Volume Forecast by Types
10.4.1. Trays
10.4.2. Cans
10.4.3. Bottles & Jars
10.4.4. Boxes & Containers
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Europe Rigid Packaging Market Size and Volume Forecast by Applications
10.7.1. Personal Care
10.7.2. Pharmaceuticals
10.7.3. Industrial
10.7.4. Food & Beverages
10.7.5. Others
10.8. Basis Point Share (BPS) Analysis by Applications
10.9. Y-o-Y Growth Projections by Applications
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe Rigid Packaging Demand Share Forecast, 2019-2026
11. Asia Pacific Rigid Packaging Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific Rigid Packaging Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific Rigid Packaging Market Size and Volume Forecast by Types
11.4.1. Trays
11.4.2. Cans
11.4.3. Bottles & Jars
11.4.4. Boxes & Containers
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Asia Pacific Rigid Packaging Market Size and Volume Forecast by Applications
11.7.1. Personal Care
11.7.2. Pharmaceuticals
11.7.3. Industrial
11.7.4. Food & Beverages
11.7.5. Others
11.8. Basis Point Share (BPS) Analysis by Applications
11.9. Y-o-Y Growth Projections by Applications
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific Rigid Packaging Demand Share Forecast, 2019-2026
12. Middle East & Africa Rigid Packaging Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa Rigid Packaging Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa Rigid Packaging Market Size and Volume Forecast by Types
12.4.1. Trays
12.4.2. Cans
12.4.3. Bottles & Jars
12.4.4. Boxes & Containers
12.5. Basis Point Share (BPS) Analysis by Types
12.6. Y-o-Y Growth Projections by Types
12.7. Middle East & Africa Rigid Packaging Market Size and Volume Forecast by Applications
12.7.1. Personal Care
12.7.2. Pharmaceuticals
12.7.3. Industrial
12.7.4. Food & Beverages
12.7.5. Others
12.8. Basis Point Share (BPS) Analysis by Applications
12.9. Y-o-Y Growth Projections by Applications
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa Rigid Packaging Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global Rigid Packaging Market: Market Share Analysis
13.2. Rigid Packaging Distributors and Customers
13.3. Rigid Packaging Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. Reynolds Group Holding
13.4.2. Plastipak Holdings. Inc
13.4.3. Bemis Company Inc
13.4.4. Berry Plastics Corporation
13.4.5. Amcor Limited
13.4.6. Sealed Air Corporation
13.4.7. Sonoco
13.4.8. Consolidated Container Company
13.4.9. DS Smith Plc
13.4.10. Tetra Pak International
13.4.11. WestRock Company
13.4.12. Rehrig Pacific Company
13.4.13. Nefab Group.