Rigid Packaging Market To Reach $796.7 Billion By 2030

Rigid Packaging Market Growth & Trends

The global rigid packaging market size is estimated to reach USD 796.7 billion by 2030, registering a CAGR of 7.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. Increasing demand for sustainable packaging is expected to augment the market over the forecast period.

Packaging is a process of protecting and enclosing goods for storage, distribution, and sale. Rigid packaging is a type of packing which is characterized by high stiffness, impact strength, and barrier properties. It is offered in several forms, including jars, containers, bottles, and cans.

Raw materials required for manufacturing of rigid packing include metals, paper & paperboard, glass, and plastic. Suppliers of these materials are present worldwide, making the market fragmented. Rio Tinto and Alcoa are some of the key suppliers of metals such as aluminum, while ArcelorMittal is the largest steel manufacturer in the world.

Final products are sold by distributors, retailers, and wholesalers. Major players in this stage include Packaging Supplies Ltd., Packing Suppliers of America, Paper Mart, and Packaging Centre. Some of the manufacturers have adopted integration wherein they sell the products through exclusive outlets.

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Rigid Packaging Market Report Highlights

• By material, the plastics segment accounted for the largest revenue share of 39.7% in 2023, owing to their versatility, durability, adaptability, and cost-effectiveness.

• In 2023, the bottles & jars dominated the market and accounted for the largest revenue share of 51.5%, attributed to their versatility and widespread use across various industries, including food and beverages, pharmaceuticals, and personal care.

• The food application led the market and accounted for the largest revenue share of 26.9% in 2023.

Rigid Packaging Market Segmentation

Grand View Research has segmented the global rigid packaging market based on material, product, application, and region:

Rigid Packaging Material Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Plastic

• Metal

• Paper & Paperboard

• Glass

• Bioplastic

Rigid Packaging Product Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Bottles & Jars

• Trays & Clamshells

• Tubs, Cups, and Pots

• Pallets

• Drums & Barrels

• Crates

• Others

Rigid Packaging Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Food

• Beverages

• Pharmaceutical & Healthcare

• Personal Care & Cosmetics

• Automotive

• Building & Construction

• Others

Rigid Packaging Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • UK

  • France

  • Italy

  • Spain

• Asia Pacific

  • China

  • Japan

  • India

  • South Korea

  • Australia

• Latin America

  • Brazil

  • Argentina

• Middle East and Africa (MEA)

  • Saudi Arabia

  • UAE

  • South Africa

List of Key Players in the Rigid Packaging Market

• AVERY DENNISON CORPORATION

• CCL Industries Inc.

• Constantia Flexibles

• Coveris

• R.R. Donnelley & Sons Company

• Lecta Adestor

• 3M

• Bemis Manufacturing Company

• Flexcon Company, Inc.

• NORAH Plastics