Europe Rigid Plastic Packaging Market Research Report, 2027

Rigid plastic packaging is one of the most popular methods for packing. Rigid plastic packaging involves the utilization of plastic materials such as polypropylene (PP), high-density polyethylene (HDPE), and polyethylene (PET) for the packaging of new bottles and containers. These materials are durable and lightweight. Examples of rigid packaging materials include corrugated and paperboard boxes, plastic bottles and boxes, aluminium cans, and glass jars. Europe has a large market share for rigid plastic packaging. There is a continuous increase in demand for rigid plastic packaging. Due to increases in recycling, which is increasing, manufacturers are forced to make more rigid plastic products of different shapes. Consumers want and prefer convenient and affordable packaging so that it is easy to handle and keep for a long time. If we see the majority of demand coming from consumers, then food and beverages are the things that people demand the most. In our report for the European region, the country consists of five and the rest of Europe. According to the research report, “Europe Rigid Plastic Packaging Market Research Report, 2027” published by Actual Market Research, the rigid plastic packaging market is anticipated to grow at a 5.44% CAGR in terms of value during this forecast period. Growing investment by major market players in the research and development of rigid plastic packaging has impacted the market growth. Major of the companies are making these products for food and beverages. Food and beverages is in demand and consumers have become health conscious. They want packed food and beverages. These have made market growth huge. Other sectors are healthcare and cosmetics, they have also huge demand. Market is expected to grow rapidly because there is continuous increase in consumption for everything by consumers. And these will lead to grow in market growth.

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Rigid plastic packaging has a product type. Those are bottles & Jars, Rigid bulk products, trays, tubs, cups and pots. In Europe the most demanded product is Bottles and jars. As of 2016, it was around more than 65% market share. Therefore it can be understood that people use bottles and jars for different purpose. Mostly it is used for food items. Rigid containers are usually hard. They all vary in degree, give physical protection to the food inside that is expensive and flexible packaging. Rigid not provided by flexible packaging. Most of the rigid containers are strong, because of the amount of material used in for production which is more bulk is also for transport for foods in which is packed in glass. Since rigid plastic is strong under the compression so finished goods can be piled in boxes, onto pallets or stacked. These are packed into great precautions. Therefore, great care in needed while packing against and packing in suitable boxes. Rigid plastic is also widely demanded in packing in cans, pottery, wood, boxes, drums, tins, plastic pots and tubes. Glass has advantages which are when food is packed then there is no reaction with the food, it is strong and pressure is maintained, it can be recycled and reused, it can protect from light, heat can be sterilized. It also protect against physical damage. Rigid plastic is also segregated into foods and beverages, Industrial, Healthcare, Cosmetics and others. Food and beverages is widely demanded in whole Europe. Rigid plastic was demanded in these food and beverages compared to others like healthcare, industrial and cosmetics. Packaging is foldable boxes, rigid boxes, food trays and machine-made paper bags. Increasing popularity of packaging media that provide long shelf life to finished food products is driving the global rigid packaging in food and beverage industry. Moreover, increasing number of nuclear families and rising demand for convenience food is expected to further boost the rigid packaging market for food and beverages.Increasing international trade is propelling the food and beverage industry to invest more in quality packaging. This, in turn, provides ample growth opportunities for manufacturing companies in this market. Rigid plastic packaging is usually made of resins. Rigid has material type and those are PE, PET, PS, PP, PVC, EPS, Bioplastic and HDPE. The most demanded resins material type is PET, PP, and PE. These are used in various purposes. PET is used in bottles which have carbonated drinks, it is very transparent and good barrier to oxygen and carbon dioxide and it is also chemical resistance. PP (polypropylene) it is used in thermoformed into tubs, cups and trays for range of foods. Bottles used for foods that need hot filling such as fruit juices. HDPS is used for liquid and solid foods. Covid-19 Impact Even as manufacturers in the Europe plastic packaging market in some cases are reaching the limits in terms of capacity, suppliers in the automotive industry are being confronted with a considerable drop in demand during the pandemic. This signals how differently the corona virus outbreak is affecting the plastic packaging industry. Stakeholders in the food industry are working under high pressure to secure supplies for the European population, while packaging demand in industrial applications and the gastronomy sector is witnessing a decline. Mass inoculation with COVID-19 vaccines is anticipated to revive growth of the Europe plastic packaging market, as stakeholders in various end-use industries are expected to start working in full capacity and consumers would increase their spending by mid-2021. Although suppliers are increasing efforts to fulfill client orders, corona-related restrictions such as reduced personnel numbers and short-time working hours are affecting business activities.

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Kripa Shah

Senior Analyst

Major Companies present in the market: Berry Global Group, Inc., Silgan Holdings Inc., Saudi Basic Industries Corporation, Alpla Werke Alwin Lehner GmbH & Co KG, Mauser Packaging Solutions Holding Company, Sonoco Products Company, Amcor plc, Pactiv Evergreen Inc, Gerresheimer AG, Plastipak Holdings, Inc., Klöckner Pentaplast Considered in this report: • Geography: Europe • Historic year: 2016 • Base year: 2021 • Estimated year: 2022 • Forecasted year: 2027 Aspects covered in this report: • Europe Rigid plastic Market with its value and forecast along with its segments • Country wise rigid plastic market analysis • Application wise rigid plastic market distribution • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation

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Countries covered in the report: • Germany • UK • France • Italy • Spain • Russia By application rigid plastic type in the report: • Food and beverages • Industrial • Healthcare • Cosmetics Technical types of rigid plastic packaging in the report: • PE • PET • PS • PP • PVC • Bioplastics • HDPE The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience: This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to solar panel coating industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.