A new report by visiongain concludes that the world market for the Rigid Plastic Packaging market will reach $210.38 billion in 2017. This analysis and others appear in Rigid Plastic Packaging Market 2017-2027: Forecast by Type (Bottles & Jars, Trays, Tubs, Cups & Pots, Rigid Bulk Products), Resin Type (PE, PET, PP, PS, PVC, EPS), Application (Beverage, Food, Health Care, Personal Care, Industrial) Plus Regional Market and Leading Players by visiongain, a leading business intelligence provider based in London, UK.
The world market for Rigid Plastic Packaging will reach $210.38bn in 2017. The beverage market in Rigid Plastic Packaging market has grown significantly in recent years and is expected to grow at a more rapid pace during the coming decade.
Rigid plastic packaging will see strong growth across all major end-use sectors. The rigid plastic packaging market for food is estimated by visiongain to be the largest end-use sector in 2015, and will remain so throughout the forecast period. By type of resin, the PE rigid plastic packaging submarket is forecasted to hold the largest market share in 2017, accounting for almost a third of the market value, and will exhibit solid growth over the next 10 years. PP will be the third most widely used material but we predict it will see a decline in market share.
The effects of the past recession have been most significant in Europe and the US, and these are two markets that have experienced declining demand and weak growth. In contrast, the developing nations have performed strongly over the past few years and this has coincided with a booming economy. Whilst the state of the economy is not the sole factor for the growth of the global rigid plastic packaging market, it is an important factor as it can significantly affect disposable incomes and can cause permanent shifts in consumer trends.
This 189 page report contains 168 tables, charts and graphs that add visual analysis in order to explain developing trends within the Rigid Plastic Packaging. Visiongain provides forecasts for the period 2017 to 2027 in terms of value (US$) for the Rigid Plastic Packaging materials market. In addition, 18 submarkets are forecasted and analysed by visiongain over the period 2017 to 2027. The report also provides profiles of 10 leading companies operating within the market such as ArcelorMittal, Rio Tinto, etc.
Rigid Plastic Packaging Market 2017-2027: Forecast by Type (Bottles & Jars, Trays, Tubs, Cups & Pots, Rigid Bulk Products), Resin Type (PE, PET, PP, PS, PVC, EPS), Application (Beverage, Food, Health Care, Personal Care, Industrial) Plus Regional Market and Leading Players will be of value to current and future potential investors wanting to better understand the Rigid Plastic Packaging industry and its underlying dynamics, as well as companies and research centres who wish to broaden their knowledge of the Rigid Plastic Packaging market.
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