The global rigid packaging containers market is poised to begin at a value of US$ 208.6 billion in 2022 and is expected to exhibit a steady 4.0% compound annual growth rate (CAGR), ultimately reaching US$ 308.7 billion by 2032.
The surge in chemical production in China stands as a pivotal catalyst propelling the demand for bulk packaging solutions, including drums, IBCs (Intermediate Bulk Containers), and others. The rigid packaging containers market in China is poised for remarkable growth, projected to reach 1.6 times its current market value from 2022 to 2032.
According to data from the European Chemical Industry Council (CEFIC), China has secured its position as the world’s largest chemical producer, contributing to approximately 45% of global chemical sales in 2020. This statistical dominance underscores China’s pivotal role in the global chemical landscape and substantiates the anticipation of an escalating demand for rigid packaging containers in response to the burgeoning chemical industry within the country.
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Rigid Packaging Containers Market Competition Landscape
- Grief, Inc.
- Amcor Plc
- Berry Global Group
- Silgan Holdings, Inc
- Sonoco Products Company
- Mauser Packaging Solutions
- Ball Corporation
- Pactiv LLC
- SCHÜTZ GmbH & Co. KGaA
- Winpak Ltd.
- WestRock Company
- Sabert Corporation
- International Paper Company
- Fabri-Kal Corporation
- Georgia-Pacific LLC
- other
Key Benefits
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the Rigid Packaging Containers market analysis from 2022 to 2032 to identify the prevailing Rigid Packaging Containers market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
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Key Segmentations-
By Material:
- Plastic
- Metal
- Glass
- Paper & Paperboard
By Product Type:
- Bottles & Jars
- Cans
- Jerry Cans
- Drums
- Boxes & Cartons
- IBCs
- Others (Clamshells, Kegs, etc.)
By End Use:
- Food & Beverage
- Pharmaceutical
- Cosmetics & Personal Care
- Homecare
- Automotive
- Chemicals
- Other Consumer Durables
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Middle East & Africa
- Oceania
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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