Rigid food packaging refers to packaging materials that have a rigid structure and provide a stable and protective enclosure for food products. These packaging solutions are commonly used for a wide range of food items, including perishable goods, snacks, beverages, and ready-to-eat meals. Rigid food packaging is designed to preserve food freshness, protect against contamination, extend shelf life, and enhance product presentation.
The global Rigid Food Packaging Market is set to gain a valuation of US$ 197.5 billion in 2023. It is likely to exceed US$ 317.7 billion by 2033, and exhibit a CAGR of 4.9% between 2023 and 2033. About 30 to 35% of the global market share is estimated to be captured by the top 5 rigid food packaging manufacturers in 2033.
Rigid food packaging refers to packaging materials that provide a sturdy and durable structure for protecting and preserving food products. These materials are commonly used for various food and beverage packaging applications. Here are some key points related to the rigid food packaging market:
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The growing favor for food cans as a prominent choice in the realm of food packaging is poised to elevate the rigid food packaging market. Rigid food packaging crafted from metal has experienced a significant upsurge in demand in recent years, primarily attributed to the increasing global awareness and concerns regarding environmental sustainability.
Top Trends
- Increasing Popularity of Food Cans:
- Boosting the rigid food packaging market.
- Driven by rising environmental concerns globally.
- Adoption of Metal Food Containers:
- Steel and aluminum containers adopted by various food brands.
- Provide strength, durability, and safety to packaged food items.
- Recyclability and Reusability:
- Key driving force for sales in the food packaging market.
- Metal food packaging is highly recyclable and reusable.
- Preservation Benefits of Metal Cans:
- Metal acts as a barrier and provides a structural layer.
- Plays a significant role in enhancing food preservation.
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Key Companies Profiled:
- Amcor plc
- Greif Inc.
- Crown Holdings, Inc.
- Mauser Packaging Solutions
- Berry Global Inc.
- Silgan Holdings Inc.
- Sonoco Products Company
- Pactiv LLC
- Printpack
- ITC Packaging
- DS Smith
- WestRock Company
- Sealed Air Corporation
- Smurfit Kappa Group plc
- Huhtamaki Oyj
- Genpak, LLC
- Georgia-Pacific LLC
- Winpak Ltd
Recent development strategies implemented by leading players in the rigid food packaging industry include:
- In September 2022, Amcor plc launched a new range of sustainable packaging solutions called ‘DairySeal.’ It is a line of packaging featuring ‘ClearCor.’ It also has an advanced PET barrier, especially for application in the ready-to-drink dairy product market.
- In December 2022, Greif Inc. announced the completion of its acquisition process of Lee Container Corporation Inc., which is a manufacturer of blow-molded containers.
- In May 2022, Berry Global Inc. announced the launch of a new all-clear plastic cup in partnership with Taco Bell. It is made up of post-consumer recycled plastic.
- In January 2022, Sonoco Products Company announced the acquisition of a manufacturing company named Ball Metal pack. It is a reputed sustainable metal packaging manufacturer for food, aerosol, and household products.
Rigid Food Packaging Market Outlook by Category:
By Material:
- Plastic
- Paper & Paperboard
- Metal
- Glass
- Bagasse
By Packaging Type:
- Trays & Clamshell
- Bottles & Jars
- Cans
- Cups & Tubs
- Boxes & Cartons
- Others (Bowls, Cutlery)
By Application:
- Meat, Poultry & Seafood
- Dairy Products
- Bakery & Confectionary
- Ready-to-eat Food
- Baby Food
- Produce Food
- Other Foods (Spices, Sauces)
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Middle East & Africa
- Oceania
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