Rigid Packaging Market

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Transparency Market

Research

Rigid Packaging Market - Global Industry Analysis,

Size, Share, Growth and Forecast 2015 - 2021

Published Date

2015-08-14

85 Page Report

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Press Release

Rising Demand for Packaged Food Fueling Global Rigid

Packaging Market at 4.50% CAGR from 2015 to 2021

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Rigid Packaging Market

REPORT DESCRIPTION

Rigid Packaging Market - Global Industry Analysis, Size, Share, Growth

and Forecast 2015 – 2021

Transparency Market Research announces the release of a new research report titled “ Rigid

Packaging Market - Global Industry Analysis, Size, Share, Growth and Forecast 2015 2021”.

The report indicates that expanding at a 4.50% CAGR

from 2015 to 2021, the global rigid packaging market is

anticipated to grow from US$549.7 Bn in 2014 to

US$750.5 Bn by 2021. This market is driven by the rising

usage of rigid packaging in the pharmaceuticals and food

and beverages industries.On the basis of raw material

type, the rigid packaging market is segmented into

plastics, metal, glass, paperboard, and others including

timber, wood, paper pellets, and pulp. Accounting for a

share of 41.20% of the overall market, plastics was the

leading raw material segment and is anticipated to

register a 4.30% CAGR from 2015 to 2021. Rising at a

4.70% CAGR, paperboard is projected to be the fastest

growing segment by the end of the forecast period.

The global rigid packaging market has shown steady growth during the past few years. This trend

is anticipated to continue during the forecast period due to increasing consumer spending on

packaged goods worldwide. In addition, growth in manufacturing output and other demographic

trends including rising urban population, and changing dietary habits of consuming packaged

foods is...