Segmentation

The global Rigid Plastic Packaging Market Size segmentation is based in terms of material, manufacturing, product, and application.

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.

Regional Analysis

The global Rigid Plastic Packaging Market Size 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 Size. 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.

North America stands second in the global Rigid Plastic Packaging Market Size standings and is expected grow at a consistent pace in the coming years. Elsewhere, the Latin America and the Middle East & Africa regions under the Rest of the World (RoW) segment are also expected to experience high growth rate during the forecast period.

Competitive Landscape

The global Rigid Plastic Packaging Market 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.).

May 24^th, 2019, Consolidated Container Company made an announcement of acquiring the assets of Sonic Plastics Enterprises. The company mentioned that the experience of the former company in producing packaging for health, nutraceutical, and beauty industry will enable them to offer its customers with new and distinctive packaging solutions.