Packaging is the process of enclosing or protecting finished goods or products for distribution, storage, sale, and end use. Rigid packaging is ideal for transportation across longer distances as it helps keep finished products safer for longer. It is used to package goods in different forms such as bottles, cans, ampules, aerosol containers, aluminum bottles, and jars. Rigid plastic packaging has properties such as high impact strength, high stiffness, and high barrier properties. These, in turn, have expanded the market for rigid plastic packaging in recent years.
Rigid packaging materials available in the market include cups, cans, bottles, corrugated cases, and boxes. On the basis of raw material, the global rigid packaging market can be segmented into metal, plastic, paper, and glass. Plastic packaging dominates the global rigid packaging market. This is because it doesn’t degrade and helps to better preserve the packaged materials.
This, in turn, helps improve the shelf life of products. However, in terms of value, rigid paper packaging material is expected to witness highest CAGR in the forecast period. The food and beverage industry, the largest consumer of rigid packaging, is expected to dominate the market during the forecast period. Other major end-user industries for rigid packaging industry include pharmaceutical and personal care industries.
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