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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
Transparency Market Research
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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...