DUBLIN, Jan. 19, 2018 /PRNewswire/ --
The "Global Rigid Plastic Packaging Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The global rigid plastic packaging market to grow at a CAGR of 5.57% during the period 2018-2022.
Global Rigid Plastic Packaging Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in the market is innovation and technology in packaging. Next-generation packaging is driving the demand for plastic packaging. Next-generation packaging is traceable and provides product quality information to the customers. Innovative multilayer packaging reduces the deterioration of the product and protects the contents from antimicrobials as chemicals and bio pharmaceuticals are more prone to quality deterioration. For some industries, the packaging material should follow strict regulatory compliances like in the pharmaceutical and chemical industry. Hazardous substances must be transported safely with stipulated guidelines.
According to the report, one driver in the market is rising use of bioplastics in rigid plastic. The global demand for bioplastics is expected to grow at a CAGR of 21%-23% till 2022. Bioplastics are derived from biodegradable resources, such as corn starch; and produce less carbon dioxide during the manufacturing process. They can be easily absorbed by the microorganisms in the soil and are less harmful to the environment.
Bioplastics have been used earlier as a packaging material in automobile, and oil and gas industries. However, now, their scope is widening in other areas like flexible and rigid plastic packaging as well. The one-time use or single served application of PET bottles is driving the bio-PET demand as most PET bottles are intended to be used once and then disposed of.
- ALPLA Werke
- Berry Global
- Silgan Holdings
Other prominent vendors
- Sealed Air
- Crown Packaging
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation By Type
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers And Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/c25mvl/global_rigid?w=5
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SOURCE Research and Markets