Rigid Plastic Packaging Market Europe 2020
The global Rigid Plastic Packaging Market Europe segmentation is based in terms of material, manufacturing, product, and application.
By material, the market segments into Polyvinyl Chloride (PVC) Polyethylene Terephthalate (PET), Bio plastics, Polyethylene (PE), and others. The polyethylene segment holds the highest share of the global market and as per the report published by MRFR the segment is anticipated to be the fastest-growing market segment. It has been observed that most end-users use low-density polyethylene (LDPE) for rigid plastic packaging. LDPE holds several benefits like barrier to moisture, ease of processing, flexibility, strength/toughness, and ease of sealing. PVC, on the other hand, is a dense material which is a highly common material in India, especially when clarity is vital criteria of selection for consumer packaging.
By manufacturing process, the market comprises injection molding, extrusion, and others. The injection molding segment is the highest share holder of the market as it is the most commonly used process of manufacturing for the fabrication of plastic parts. It is primarily preferred due to the low production waste it generates and the faster-rate of production it offers.
By application, the market includes healthcare, food & beverages, industrial packaging, personal care, and others.
Regional Analysis
The global Rigid Plastic Packaging Market Europe is regionally segmented into the following geographies: North America, Asia Pacific, Europe, and the Rest of the World (RoW).
The Asia Pacific region holds the dominant share percentage in the global Rigid Plastic Packaging Market Europe. The region is anticipated to grow at the fastest pace during the forecast period primarily due to the presence of India, Japan, and China. These countries are global leaders when it comes to exporting different good items worldwide. Add to this, the surging industrialization and rate of urbanization in developing nations like India and China is also pushing the growth of the market.
Competitive Landscape
The global Rigid Plastic Packaging Market Europe includes several key players, including Berry Plastics Corporation (U.S.), Sealed Air Corporation (U.S.), Amcor Limited (Australia), Reynolds Group Holdings (New Zealand), RPC Group Plc (U.K.), Silgan Holdings, Inc. (U.S.), Bemis Company, Inc. (U.S.), Linpac Packaging Limited (U.K.), Coveris Holdings S.A. (Luxembourg), ALPLA Werke Alwin Lehner GmbH & Co KG (Austria), Plastipak Holdings, Inc. (U.S.), and Consolidated Container Company (U.S.).
Read More :
">The global Rigid Plastic Packaging Market Europe is projected to garner a CAGR of 5.6% over the forecast period between 2017 and 2023. The market is driven by factors like the increasing innovation in rigid packaging and the surging consumption rate of processed foods & beverages. Add to this, the high disposable income of individuals across developing nations is slated to further accelerate the Rigid Plastic Packaging Market Europe. However, the fluctuating nature of the raw material pricing and concerns related to recycling and environment can be major hindrance to the overall growth of the market. Segmentation The global Rigid Plastic Packaging Market Europe segmentation is based in terms of material, manufacturing, product, and application. By material, the market segments into Polyvinyl Chloride (PVC) Polyethylene Terephthalate (PET), Bio plastics, Polyethylene (PE), and others. The polyethylene segment holds the highest share of the global market and as per the report published by MRFR the segment is anticipated to be the fastest-growing market segment. It has been observed that most end-users use low-density polyethylene (LDPE) for rigid plastic packaging. LDPE holds several benefits like barrier to moisture, ease of processing, flexibility, strength/toughness, and ease of sealing. PVC, on the other hand, is a dense material which is a highly common material in India, especially when clarity is vital criteria of selection for consumer packaging. By manufacturing process, the market comprises injection molding, extrusion, and others. The injection molding segment is the highest share holder of the market as it is the most commonly used process of manufacturing for the fabrication of plastic parts. It is primarily preferred due to the low production waste it generates and the faster-rate of production it offers. By application, the market includes healthcare, food & beverages, industrial packaging, personal care, and others. Regional Analysis The global Rigid Plastic Packaging Market Europe is regionally segmented into the following geographies: North America, Asia Pacific, Europe, and the Rest of the World (RoW). The Asia Pacific region holds the dominant share percentage in the global Rigid Plastic Packaging Market Europe. The region is anticipated to grow at the fastest pace during the forecast period primarily due to the presence of India, Japan, and China. These countries are global leaders when it comes to exporting different good items worldwide. Add to this, the surging industrialization and rate of urbanization in developing nations like India and China is also pushing the growth of the market. Competitive Landscape The global Rigid Plastic Packaging Market Europe includes several key players, including Berry Plastics Corporation (U.S.), Sealed Air Corporation (U.S.), Amcor Limited (Australia), Reynolds Group Holdings (New Zealand), RPC Group Plc (U.K.), Silgan Holdings, Inc. (U.S.), Bemis Company, Inc. (U.S.), Linpac Packaging Limited (U.K.), Coveris Holdings S.A. (Luxembourg), ALPLA Werke Alwin Lehner GmbH & Co KG (Austria), Plastipak Holdings, Inc. (U.S.), and Consolidated Container Company (U.S.). Read More : https://app.ex.co/stories/sagark11/stand-up-pouches-market-growth-is-marked-to-exhibit-notable-expansion-at-a-cagr-of-7-till-forecast https://app.ex.co/stories/sagark11/ampoules-in-pharmaceutical-packaging-market-demand-industry-size-top-players-opportunities-and https://app.ex.co/stories/sagark11/sterilized-packaging-market-size-outlook-and-future-scope-analysis-forecast-to-2022