Polyethylene (PE), polyethylene terephthalate (PET), polystyrene (PS), polypropylene (PP), polyvinyl chloride (PVC), bioplastics, and other materials are used to make rigid plastic packaging products. Polyamide, polycarbonate (PC), and polylactic acid are other materials (PLA). During the projected period, the polyethylene terephthalate (PET) segment is anticipated to increase more quickly. The low weight PET material has many benefits, including durability, a clear and lustrous surface, high pressure resistance, high stability, and excellent barrier qualities. Due to these qualities, PET is the substance most frequently utilised in the rigid plastic packaging sector.
The global Rigid Plastic Packaging Market was valued at US$ 179 billion in 2018, and is expected to register a CAGR of 5.9% in terms of revenue over the forecast period (2019 – 2027).
Leading Companies in the Rigid Plastic Packaging Industry:
1. Bemis Company, Inc.
Bemis Manufacturing Company is a family-owned business established in 1901. Headquartered in Sheboygan Falls, Wisconsin, U.S.A., we have grown to an innovative, international manufacturer serving worldwide markets.
2. Amcor Limited
Amcor plc develops, produces, and sells packaging products. Amcor plc was incorporated in 2018 and is headquartered in Zürich, Switzerland. In Jan, 2023 Amcor a global leader in developing and producing responsible packaging solutions, announced it has entered into an agreement to acquire Shanghai-based MDK.
3. Silgan Holdings, Inc.
Silgan Holdings Inc., together with its subsidiaries, manufactures and sells rigid packaging for consumer goods products. Silgan Holdings Inc. was founded in 1987 and is headquartered in Stamford, Connecticut.
4. Winpak Ltd.
Winpak Ltd. manufactures and distributes high-quality materials and related packaging machines. The company was incorporated in 1975 and is based in Winnipeg, Canada.
5. 3M Company
3M is an America-based company that was established in the year 1929. It is a major player in the Wound Care industry. The company operates through five segments globally. In order to retain its share in the market, the company focuses on launching new and advanced products. Moreover, 3M Health Care's Medical Solutions Division announced, in October 2022, that it’s 3M V.A.C. Therapy negative pressure wound therapy (NPWT) surpassed a clinical evidence milestone of 2,000 published, peer-reviewed medical journal studies. V.A.C. This is the first and only NPWT solution to garner this number of published studies about its therapy.
6. Berry Global Inc.
Berry Global Group, Inc. manufactures and supplies non-woven, flexible, and rigid products in consumer and industrial end markets. Berry Global Group, Inc. was founded in 1967 and is based in Evansville, Indiana. In January, 2023 Berry, Coca-Cola Collaborate to implement Tethered caps in EU markets.
7. Anchor Packaging Inc.
The company began operation in 1963, since then LLC manufactures packaging solutions. The Company offers aluminium foil and roll cutter boxes, popup sheets, pans, and lids applications and containers. It has headquarters situated in Missouri, United States. In March, 2021 Anchor Packaging Inc. announced expansion to its Paragould, AR manufacturing facility.
8. E-S Plastic Products, LLC
Founded in 1965 as E-S precision molded products, in Melrose Park, Illinois one injection molding machine. It has headquarters situated in Great Lakes, Midwest US.
9. Plastipak Holdings, Inc.
Founded in 1967 Plastipak Packaging, Inc., a wholly-owned subsidiary of Plastipak Holdings, Inc., is a world leader in the design and manufacture of high-quality, rigid plastic containers for the food, beverage, and consumer products industries. It is headquartered in Plymouth, Michigan. In January, 2022 Plastipak, a global leader in the design, manufacture and recycling of plastic containers has completed a major investment to significantly expand its PET recycling capacity at its manufacturing site in Bascharage, Luxembourg.
*Definition- Medical supplies and drugs are better shielded from sunlight, physical danger, and moisture contamination by rigid plastic packing.
