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Rigid Plastic Packaging Market - Increasing Demand from Food & Beverage Packaging Industries | MDC Research
Market Data Centre
Market Data Centre

Rigid Plastic Packaging Market - Vendor Assessment (Company Profiles, Market Positioning, Strategies, Recent Developments, Capabilities & Product Offerings / Mapping), Technology Assessment (Developments & Economic Impact), Partner & Customer Ecosystem (Product Services, Proposition & Key Features) Competitive Index & Regional FootPrint by MDC Research

Pune, May 24, 2022 (GLOBE NEWSWIRE) -- Rigid Plastic Packaging Market by Vendor Assessment, Technology Assessment, Partner & Customer Ecosystem, type/solution, service, organization size, end-use verticals, and Region – Global Rigid Plastic Packaging Market Forecast to 2030, published by Market Data Centre, The Rigid Plastic Packaging Market is projected to grow at a solid pace during the forecast period. The presence of key players in the ecosystem has led to a compsetitive and diverse market. The advancement of digital transformation initiatives across multiple industries is expected to drive the worldwide Rigid Plastic Packaging Market during the study period.

This COVID-19 analysis of the report includes COVID-19 IMPACT on the production and, demand, supply chain. This report provides a detailed historical analysis of the global Rigid Plastic Packaging Market from 2017-to 2021 and provides extensive market forecasts from 2022-to 2030 by region/country and subsectors. The report covers the revenue, sales volume, price, historical growth, and future perspectives in the Rigid Plastic Packaging Market.

Rigid Plastic Packaging Market is expected to grow at a compound annual growth rate (CAGR) of 5.1% from 2022 to 2030.


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Regional Analysis:

On the basis of Geography, the Global Rigid Plastic Packaging Market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World (RoW). North America is expected to hold a considerable share in the global Rigid Plastic Packaging Market. Due to increasing investment for research and development process and adoption of solutions in the region whereas Asia-Pacific is expected to grow at a faster pace during the forecasted period.

The growing number of Rigid Plastic Packaging Market players across regions is expected to drive market growth further. Moreover, increasing investments by prominent vendors in product capabilities and business expansion is expected to fuel the market during the study period. Many market players are finding lucrative opportunities in emerging economies like China and India, where the large populations are coupled with new innovations in numerous industries.