Rigid Packaging Market Size and Companies Growth Insights
The global rigid packaging market size reached US$ 218.48 billion in 2023 and is projected to hit around US$ 365.92 billion by 2034, expanding at a CAGR of 4.8% during the forecast period from 2024 to 2034.
Rigid Packaging Market Companies
- Bemis Company, Inc.
- Amcor Limited
- Coveris Holdings S.A.
- Reynolds Group Holding
- Berry Plastics Corporation
- Sonoco
- Sealed Air Corporation
- Silgan Holdings, Inc.
- Plastipak Holdings, Inc.
- Consolidated Container Company
- DS Smith PLC
- Ball Corporation
- Chemco
- Essel Propack
- Mold-Tek Packaging
- Parekhplast India
- PearlPET
- Pyramid Technoplast
- Regent Plast
- Time Technoplast
- Unity Poly Barrel
Latest Announcements by Industry Leaders
David Clark, Vice President at Amcor plc., stated that the company has reducing waste and improving sustainability by 2025, by working with consumers and carrying out research and development for innovation rigid sustainable material. The Amcor plc. Putforth the Catalyst program which the company’s technical experts in direct contact with customers. In order create an extraordinary pipeline of innovations that address the largest practical and technical obstacles to packaging, Amor invests US$100 million annually in research and development (R&D).
This dedication to research and development has yielded outstanding outcomes: This year, Amite Recyclable is brand-new, metal-free, recyclable packaging for a variety of food and medical uses. There have been notable advancements in the use of post-consumer recycled (PCR) content in rigid packaging, including the commercialization of numerous 100% PC solutions and the usage of over 100 million pounds of recycled content yearly.
Recent Developments in the Rigid Packaging Market
- In October 2024, Tesco, multinational groceries and general merchandise retailer company and Zespri, kiwi fruit producer have launched a linerless lid solution and kerbside recyclable tray for kiwi packaging as part of a cross-industry partnership with the goal of reducing carbon emissions and doing away with the conventional plastic flow wrap.
- In April 2024, The Saber Corporation, food packaging solutions maker has unveiled a new range of biodegradable trays made specifically for fruit and proteins. Foodservice providers can now use this line of certified commercially compostable trays as a sustainable substitute for conventional foam trays, meeting the growing demand for environmentally friendly goods. Designed to satisfy the hybrid cooking trend, the Pulp 2S Produce Tray combines meal kits, meal planning, and prepared foods.
- In November 2024, Berry Global, packaging solutions providing company, has introduced a new 10ml "easy-squeeze" ophthalmic bottle that is compatible with Aptar Pharma's Ophthalmic Squeeze Dispenser (OSD), a solution for eye treatments and other preservative-free goods.
