procedure of enclosing or covering finished food items for delivery, storage, sale, and end-use is well-known as packaging. Rigid packaging has become progressively relevant in the food and beverage industry owing to it extends the shelf life of packaged foods. Bottles, cans, ampules, aerosol containers, aluminum bottles, and jars are examples of inflexible packaging containers. As compared to other forms of packaging, inflexible plastic packaging containers deliver the distinct advantages such as high impact strength, stiffness, and barrier properties, all of which have underwritten to the growth of the rigid plastic packaging medium market during the recent years.
According to the report analysis, ‘Global Rigid Food Packaging Market: Segmented by Material (Plastic, Metal, Paper & Paperboard, Glass and Bioplastic); By Application (Food & beverages, Pharmaceuticals, Personal care and Others); and Region – Global Analysis of Market Size, Share & Trends for 2019–2020 and Forecasts to 2030’ states that booming e-commerce industry around the globe is propelling demand for rigid packaging. Many consumers are switching from conventional shopping to online shopping for a variation of reasons, involving the availability of several products, faster delivery, simpler return policies, and free shipping. In addition, the trade-related agreement among countries is boosting the market’s growth.
The market for rigid packaging is projected to enlarge in response to growing requirement for industrial bulk packaging across a variability of industries. The increasing use of pails, drums, and kegs in bulk packaging is predictable to probable rigid packaging market development. Furthermore, unbending intermediate bulk containers (RBCs) are obtaining popularity in the packaging industry as a means of shortening handling and transportation, resulting in market development.
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The market is predictable to expand owing to the growing use of paperboard in rigid packaging for environmental reasons. Paper and paperboard can be reused countless times, making them an exceptional packaging material that also helps to decrease the total packaging costs. As a result, the augmenting need for environmental sustainability is fuelling requirement for paper-based rigid packaging, which is propelling the rigid packaging market development.
The usage of rigid packaging is projected to be restricted as the requirement for flexible packaging materials grows. This aspect is projected to stifle the growth of the rigid packaging industry. Severe rules and regulations are expected to stifle requirement growth due to growing concerns about the usage of single-use plastic and other grades of plastic in rigid packaging.
Global Rigid Food Packaging in the Asia Pacific controlled the largest market share in the year 2020. The pharmaceutical and food and beverage industries are speedily enlarging in this area. Furthermore, emerging economies such as China and India are projected to see a significant growth in rigid packaging requirement over the forecast duration. In North America, the United States was the leading income contributor. During 2020, the most common material in this area was plastic. One of the major drivers of the regional market is the vigorous development of the food and beverage industry. Regulations demanding recycling and material protection in order to preserve environmental balance are driving requirement for the bioplastic packaging.
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Global Rigid Food Packaging Market Growth Rate
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