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 News

Players operating in the global rigid plastic packaging market are adopting various growth strategies such as mergers, acquisitions, and business expansions to cater to increasing demand for rigid plastic packaging products. For instance, in 2016, Amcor Limited acquired Sonoco’s Global Plastics blow molding business in North America. The acquisition has helped Amcor increase its production capacity as well as its presence in the consumer goods and food market in the U.S. and Canada.

Furthermore, companies are focusing on product development in order to expand their product portfolio. For instance, in November 2018, Berry Global, Inc. launched a new line of containers called Verdant. The containers are made from 100% recycled post-consumer resin. The product was launched due to increasing demand for recycled plastic.