Rigid Industrial Packaging Market to Showcase Healthy Expansion at ~4% CAGR During 2019 - 2029 - PowerPoint PPT Presentation

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Rigid Industrial Packaging Market to Showcase Healthy Expansion at ~4% CAGR During 2019 - 2029

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Rigid industrial packaging recorded a volume sales of ~1.85 billion units, equating a value of ~US$ 26 billion in 2018, as per the latest report published by Future Market Insights (FMI). Rigid industrial packaging has been gaining rising momentum in a number of commercial sectors owing to its enhanced protective capabilities against harsh environmental factors. FMI's study opines that fast-paced industrialization and increasing demand for chemicals and pharmaceuticals continue to influence the growth prospects of rigid industrial packaging market. – PowerPoint PPT presentation

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Title: Rigid Industrial Packaging Market to Showcase Healthy Expansion at ~4% CAGR During 2019 - 2029


1
Rigid Industrial Packaging Market
  • February 2020

Report Id REP-GB-10086 Published On
July-2019 Category Packaging
2
AboutFuture Market Insights
Future Market Insights (FMI) is a premier
provider of syndicated research reports, custom
research reports, and consulting services. We
deliver a complete packaged solution, which
combines current market intelligence, statistical
anecdotes, technology inputs, valuable growth
insights, aerial view of the competitive
framework, and future market trends. We provide
research services at a global as well as regional
level key regions include GCC, ASEAN,
and BRIC. Our offerings cover a broad spectrum of
industries including Chemicals, Materials,
Energy, Technology, Healthcare, and Retail. We
have a global presence with delivery centers
across India specializing in providing global
research reports and country research reports.
FMI is headquartered out of London, U.K., with a
state-of-the-art delivery center located in Pune,
India. We combine our knowledge and learning from
every corner of the world to distill it to one
thing the perfect solution for our client.
Research Capabilities
Sector Coverage
  • Customized Research
  • Syndicated Research
  • Investment Research
  • Social Media Research

  • Automotive and Transportation
  • Electronics, Semiconductor, and ICT
  • Retail and Consumer Products
  • Industrial Automation and Equipment
  • Chemicals Materials
  • Food and Beverages
  • Services and Utilities
  • Energy, Mining, Oil, and Gas

Subscription Information

For detailed subscription information please
contact Hari. T (Sr. Manager - Global Business
Development) T 44 (0) 20 7692 8790 D 44
20 3287 4268 Email hari.t_at_futuremarketinsights.co
m
3
Research Methodology (1/2)
  • Systematic Research Approach

In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc.
PMR formulates a detailed discussion guide to conduct expert and industry interviews
PMR develops a list of industry players (manufacturers), distributors, retailers and industry experts
PMR conducts interviews with industry experts, industry players, distributors and retailers
Data is validated by triangulation method, wherein secondary, primary and PMR analysis contribute to the final data
Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry
PMR delivers industry insights and information in the required format (PDF)
  • Identifying key opinion leaders
  • Questionnaire design
  • In-depth interviews
  • Coverage across value chain
  • Key industry experts
  • Channel study
  • Developments
  • Market dynamics
  • Products
  • Conclusions

SOLUTION
  • Market participants
  • Key strengths
  • Product portfolio
  • Mapping as per value chain
  • Key focus segments

Primary Research
Secondary Research
Paid Publications
  • Linkedin
  • Zoominfo
  • Salesforce
  • Avention
  • Factiva
  • GBI
  • Genios
  • Meltwater
  • Company websites
  • Company annual reports
  • White papers
  • Financial reports

includes sources of databases
4
Rigid Industrial Packaging Market Analysis
  • Rigid Industrial Packaging Market is Expected to
    Register Highest CAGR of 4 During the Forecast
    Period 2019 2029
  • VALLEY COTTAGE, New York, /PRNewswire/ -- Rigid
    industrial packaging recorded a volume sales of
    1.85 billion units, equating a value of US 26
    billion in 2018, as per the latest report
    published by Future Market Insights (FMI).
  • Rigid industrial packaging has been gaining
    rising momentum in a number of commercial sectors
    owing to its enhanced protective capabilities
    against harsh environmental factors. FMI's study
    opines that fast-paced industrialization and
    increasing demand for chemicals and
    pharmaceuticals continue to influence the growth
    prospects of rigid industrial packaging market.
  • It's not sufficient for rigid industrial
    packaging to merely contain the product inside.
    FMI's study finds that there is greater awareness
    among manufacturers and suppliers to deliver more
    environmentally acceptable packaging formats.
    Therefore, the futuristic focus revolves around
    technological innovations and sustainable
    solutions that reduce the cost of manufacturing
    as well as the environmental impact.
  • Manufacturers Capture Opportunities Arising from
    Chemical Industry
  • According to the study, one of the important
    growth drivers is an increase in
    inter-continental trade activities, which
    necessitate newer industries such as
    bio-chemical, food grade ingredient, and process

5
Rigid Industrial Packaging Market Analysis
  • food to use rigid industrial packaging format.
    Furthermore, the market remains heavily dependent
    on four key end-use industries including
    chemicals solvent, food beverage, oil
    lubricants, and automotive.
  • The study opines that high demand for steel
    drums, pails, and rigid intermediate bulk
    containers (IBCs) from chemicals solvent
    industry continue to influence the growth
    strategies. Additionally, manufacturers are
    focused on increasing the production of plastic
    drums and bulk boxes to capitalize on rapidly
    expanding automotive and food beverage
    industries.
  • Despite the cloud swirling around the ill effects
    of plastic, manufacturers continue to use plastic
    as a convenient material for rigid industrial
    packaging, owing to technical and operational
    advantages and lower costs as compared to metals.
    Accounting for 50 revenue share in 2018, sales
    of rigid containers made up of plastic are likely
    to witness significant growth in the future,
    backed further by the lightweight property and
    advances in technologies of polymer processing.
    However, low degradability of plastic will remain
    a key concern among manufacturers as well as end
    users.
  • As per the study, reuse of containers is gaining
    ground in the rigid industrial packaging space,
    and to align with the current trends,
    manufacturers are placing more focus on RD
    activities and innovations to increase the
    efficiency of products and maximize repeat use.
    The trend of customization has also been
    noticeable in the market, as manufacturers are
    inclining towards offering products that meet end
    users' specific requirements.

6
Rigid Industrial Packaging Market Analysis
  • Growth prospects of the rigid industrial
    packaging, as identified by the FMI study, are
    high in East Asia, representing a revenue share
    of 50 in 2018. An exponential rise in
    manufacturing activities in the region along with
    expansion of FB industry has surged the demand
    for safe and contamination-proof packaging.
    Favorable government policies on intercontinental
    trade activities along with increasing number of
    OEMs will continue to create opportunities for
    market players in East Asia.
  • The study identifies restraints that could
    possibly hamper the growth of the rigid
    industrial packaging market. Rapid emergence of
    new companies from developing countries, catering
    to the needs of local customers at reasonable
    costs, are likely to squeeze the global player's
    margin in the market. These players are further
    under the pressure from end users to reduce the
    overall costs.
  • The business intelligence highlights the
    competitive landscape in the rigid industrial
    packaging market, by conducting a thorough
    analysis on the key growth strategies of the
    market players. Acquisitions and partnerships
    with local players remain a strategic focus area
    of key stakeholders for enhanced global
    footprint.
  • This study tracks growth of the global rigid
    industrial packaging market from 2019 to 2029.
    The global rigid industrial packaging is likely
    to spectate a steady rise at 4.5 value CAGR over
    the course of the forecast period, according to
    FMI's projections.
  • More from Packaging Market Intelligence

7
Rigid Industrial Packaging Market Analysis
  • Glass Container Market Segmentation By Product
    Type Glass Bottle (Sauce/Syrup Bottle, French
    Bottle, Boston Round Bottles, Glass Jugs,
    Others), Glass Jars (Mason Jars, Hexagonal Jars,
    Paragon Glass Jars, Straight Jars, Other Jars),
    Glass Vials (Food Grade Vials, Pharma Grade
    Vials) and Candle Glass Container By End Use
    Cosmetics Perfumes, Pharmaceuticals, Food
    Packaging, Beverage Packaging By Colour Amber
    Glass Containers, Blue Glass Containers and Clear
    Glass Containers
  • Meat Packaging Market Segmented By Material -
    plastic wraps and storage wrap (polyethylene
    (PE), polyvinylidene chloride (PVDC) and
    polyvinyl chloride (PVC)) By Distribution
    Channel - hypermarket/supermarket, grocery
    stores, online retailing, departmental stores and
    others
  • Liquid Carton Packaging Market Segmented By Type
    - brick liquid cartons, gable top liquid cartons
    and shaped liquid carton By Application - fruit
    juice packaging, dairy packaging, soft-drink
    packaging
  • Press-Release Source https//www.prnewswire.com/
    news-releases/rigid-industrial-packaging-market-is
    -expected-to-grow-at-a-cagr-of-4-during-the-foreca
    st-period-2019-to-2029--future-market-insights-300
    893900.html
  • About Us
  • Future Market Insights (FMI) is a leading market
    intelligence and consulting firm. We deliver
    syndicated research reports, custom research
    reports and consulting services which are
    personalized in nature.

8
Rigid Industrial Packaging Market Analysis
  • FMI delivers a complete packaged solution, which
    combines current market intelligence, statistical
    anecdotes, technology inputs, valuable growth
    insights and an aerial view of the competitive
    framework and future market trends.
  • Contact UsMr. Abhishek Budholiya616 Corporate
    Way, Suite 2-9018Valley Cottage, NY 10989United
    StatesT 1-347-918-3531F 1-845-579-5705T
    (UK) 44(0)20-7692-8790Sales sales_at_futuremarket
    insights.com

9
To know more about us, please visit our website
www.futuremarketinsights.com For sales queries
or new topics email us on sales_at_futuremarketinsi
ghts.com For media queries, contact the press
office at press_at_futuremarketinsights.com For
other queries contactHari. T (Sr. Manager -
Global Business Development) Future Market
Insights 3rd Floor,207 Regent Street, London
W1B 3HH T 44 20 7692 8790 D 44 20 3287
4268 Email hari.t_at_futuremarketinsights.com
Thank You
Future Market Insights Global Consulting
Private Limited (FMI)
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