RIGID PLASTIC PACKAGING MARKET ANALYSIS

Rigid Plastic Packaging Market Report, by Material Type (Polyethylene(PE), Polyethylene Terephthalate(PET), Polystyrene(PS), Polypropylene(PP), Polyvinyl Chloride(PVC), Bio Plastics and Others), by Product Type (Bottles & Jars, Containers, Trays, Caps & Closures, Tubs, Cups & pots, and Others), by End-use Industry (Food & Beverage, Healthcare, Personal Care & Cosmetics, Industrial, Consumer Goods, and Others), and by Region (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa) – Size, Share, Outlook, and Opportunity Analysis, 2018-2026

Published In : Apr 2019
Code : CMI2581
Pages :210
Formats :
Excel and PDF
Industry : Packaging

Market Challenges And Opportunities

Stringent government regulations imposed on packaging products is expected to hamper market growth. For instance, the Federal Food, Drug, and Cosmetic Act mandates the need for adequate information related to packaging materials. Section 501(a) (3) of the Act states that a drug is deemed to be adulterated ‘if its container is composed, in whole or in part, of any poisonous or deleterious substance which may render the contents injurious to health’. However, favorable growth of food & beverages, pharmaceutical and personal care industries globally, presents immense opportunity for rigid plastic packaging manufacturers.