DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/d3mn49/global_rigid) has announced the addition of the "Global Rigid Packaging Market 2016-2020" report to their offering.
The global rigid packaging market to grow at a CAGR of 5.6% over the period 2015-2020.
Global Rigid Packaging Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers APAC, Europe, North America, and ROW; it also covers the landscape of the global rigid packaging market and its growth prospects in the coming years. The report includes a discussion on the key vendors operating in this market.
The key trend set to emerge in the market during the forecast period is the focus of manufacturers on producing lightweight packaging materials because they are easy to transport.
According to the report, the major factor having a positive impact on the market is the increase in demand for rigid plastic packaging. Rigid plastic packaging materials have certain inherent properties that make them ideal for consumer packaging materials. They are tough, durable, lightweight, easy to transport, and are not brittle like glass. The cost per unit of production is low, and these packaging materials have a wide scope of applications in various industries.
Further, the report states that the key challenge hindering market growth is the increased competition from alternative forms of packaging such as flexible packaging and paperboard cartons. These are lightweight and are gaining popularity among manufacturers and customers because of the low cost involved in their storage and transportation.
- Berry Plastics
- Crown Holdings
Other prominent vendors
- AEP Industries
- Ardagh Group
- Britton Group
- DS Smith
- Graham Packaging
- LINPAC Group
- RPC Group
- Vetropack Holding
For more information visit http://www.researchandmarkets.com/research/d3mn49/global_rigid