DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Rigid Packaging Market Size & Trend Analysis By Material, By Application, By Region And Segment Forecasts, 2014-2025" report to their offering.
The global rigid packaging market size is projected to reach USD 848.71 billion by 2025, according to this new report. Growing food & beverage industry is expected to be the key driver promoting growth over the forecast period. The rigid packaging market is segmented on the basis of material into plastic, metal, paper & paperboard, glass, bioplastic. Advantages of plastic such as flexibility, durability, and cost effectiveness made it the most popular material in 2015.
Food & beverage accounted for the largest share of over 50% by value in 2015, in the application segment. Thisis due to growing demand for packaged food throughout the world. Besides, growing beverage industry,led by products as liquor and energy drinks, has resulted in increased demand for rigid packaging.
Asia Pacific, which is driven by growing demand for rigid packaging products from emerging countries, dominated the industry in 2015. Growing personal care and pharmaceuticals industries are also expected to play key roles in this industry over the forecast period. Besides, increasing penetration of rigid packaging products in the electronics industry has played a key part in this growth.
Some of the key players in this industry include Amcor Limited, Bemis Company, Inc., Reynolds Group Holding, and DS Smith PLC. In July 2015, Amcor Ltd. acquired Packaging India Private Limited which increased its share in the emerging economy of India.
Key Topics Covered:
1. Methodology & Scope
2. Executive Summary
3. Rigid Packaging Industry Outlook
4. Rigid Packaging Market: Material Estimates & Trend Analysis
5. Rigid Packaging Market: Application Estimates & Trend Analysis
6. Rigid Packaging Market: Regional Estimates & Trend Analysis
7. Competitive Landscape
8. Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/24hg5m/rigid_packaging