Rigid Packaging Market by Material and Geography - Forecast and Analysis 2020-2024

  • Published: Jul 2020
  • Pages: 120
  • SKU: IRTNTR43558
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The rigid packaging market size is expected to grow by USD 107.14 bn and record a CAGR of 5% during 2020-2024.

This post-pandemic global rigid packaging market report has assessed the shift in consumer behaviour and has identified and explored the upcoming trends and drivers that the vendors can capitalize on to support prompt business decisions. In this rigid packaging market analysis report, key drivers such as demand for glass packaging have been discussed with emerging growth regions, which will offer immense business opportunities. Our analysts have also identified challenges, which will impede market growth. With these insights, the vendors can recreate their plan of action to obtain growth opportunities in the future.

What will the Rigid Packaging Market Size be in 2020?

Rigid-Packaging-Market-Market-Size-2019-2024

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Who are the Key Vendors in the Rigid Packaging Market?

The rigid packaging market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies includng:

 

  • Amcor Plc
  • Ardagh Group SA
  • Ball Corp.
  • Berry Global Group Inc.
  • Crown Holdings Inc.
  • DS Smith Plc
  • Gerresheimer AG
  • Plastipak Holdings Inc.
  • Silgan Holdings Inc.
  • Sonoco Products Co.

 

The rigid packaging market is fragmented and the vendors are deploying various growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.

This rigid packaging market report further entails segmentations by Material (Plastic, metal, and glass) and Geography (APAC, Europe, North America, South America, and MEA). View our sample report to gather market insights on the segmentations.

To make the most of the opportunities, vendors should focus on fast-growing segments, while maintaining their positions in the slow-growing segments. Fetch actionable market insights on post COVID-19 impact on each product and service segments.

 

Which are the Key Regional Markets for Rigid Packaging Market?

Rigid-Packaging-Market-Market-Share-by-Region-2019-2024

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The report offers an up-to-date analysis of the geographical composition of the market. APAC had the largest market share in the rigid packaging market in 2020, and the region will offer several growth opportunities to market vendors during the forecast period. The increasing number of emerging markets will significantly influence biofuels market growth in this region. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

39% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for rigid packaging market in the region. This report provides estimations of the contribution of all regions to the growth of the rigid packaging market size.

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What are the Key Factors Covered in this Rigid Packaging Market Report?

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive rigid packaging market growth during the next five years
  • Precise estimation of the rigid packaging market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the rigid packaging market industry across APAC, Europe, North America, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of rigid packaging market vendors

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Rigid Packaging Market Scope

Report Coverage

Details

Page number

120

Base year

2019

Forecast period

2020-2024

Growth momentum & CAGR

Accelerate at a CAGR of 5%

Market growth 2020-2024

USD 107.14 billion

Market structure

Fragmented

YoY growth (%)

4.50

Regional analysis

APAC, Europe, North America, South America, and MEA

Performing market contribution

APAC at 39%

Key consumer countries

China, US, Japan, Germany, and France

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Amcor Plc, Ardagh Group SA, Ball Corp., Berry Global Group Inc., Crown Holdings Inc., DS Smith Plc, Gerresheimer AG, Plastipak Holdings Inc., Silgan Holdings Inc., and Sonoco Products Co.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2019
    • Market outlook: Forecast for 2019 – 2024

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Material

    • Market segments
    • Comparison by Material
    • Plastic - Market size and forecast 2019-2024
    • Metal - Market size and forecast 2019-2024
    • Glass - Market size and forecast 2019-2024
    • Market opportunity by Material

    Customer landscape

    • Overview

    Geographic Landscape

    • Geographic segmentation
    • Geographic comparison
    • APAC - Market size and forecast 2019-2024
    • Europe - Market size and forecast 2019-2024
    • North America - Market size and forecast 2019-2024
    • South America - Market size and forecast 2019-2024
    • MEA - Market size and forecast 2019-2024
    • Key leading countries
    • Market opportunity by geography
    • Volume driver – Demand-led growth
    • Market challenges
    • Market trends

    Vendor Landscape

    • Vendor landscape
    • Landscape disruption
    • Competitive scenario

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • Amcor Plc
    • Ardagh Group SA
    • Ball Corp.
    • Berry Global Group Inc.
    • Crown Holdings Inc.
    • DS Smith Plc
    • Gerresheimer AG
    • Plastipak Holdings Inc.
    • Silgan Holdings Inc.
    • Sonoco Products Co.

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

    Research Framework

    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

    TechnavioINFORMATION SOURCES

    Primary sources

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases
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    TechnavioDATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts
    Technavio

    TechnavioREPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape
    Interested in this report?
    Get your FREE sample now!
    The rigid packaging market growth will increase by $107.14 billion during 2019-2024.
    The rigid packaging market is expected to grow at a CAGR of 4.75% during 2019-2024.
    Technavio has segmented the rigid packaging market by material (Plastic, Metal, and Glass) and geographic (APAC, Europe, North America, South America, and MEA).
    Amcor Plc, Ardagh Group SA, Ball Corp., Berry Global Group Inc., Crown Holdings Inc., DS Smith Plc, Gerresheimer AG, Plastipak Holdings Inc., Silgan Holdings Inc., Sonoco Products Co. are a few of the key vendors in the rigid packaging market.
    APAC will register the highest growth rate of 39.24% among the other regions. Therefore, the rigid packaging market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
    • China
    • US
    • Japan
    • Germany
    • France
    The key factors driving the rigid packaging market growth are:
    • Growing demand for glass packaging
    • Increasing number of emerging markets
    The rigid packaging market vendors should focus on grabbing business opportunities from the plastic segment as it accounted for the largest market share in the base year.
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