Global Rigid Plastic Packaging Market Predictions for 2021
Rigid plastics are materials that have no elastic deformation but possess perfect plastic deformation. They are self-supporting in nature and cannot be easily squeezed. They are an apt choice for packaging as they are durable, lightweight and cost-effective. Rigid plastics include caps, cups, closures, cosmetic products, trays, and bottles used for various packaging-related applications. The production process of rigid plastic is different for each product type and ranges from extrusion to injection molding and blow molding.
According to Zion Market Research, there has been an increasing demand for biodegradable rigid plastic which is expected to boost the market growth in the near future. In addition, rapid urbanization and the rising demand for household care products is expected to impact the global rigid plastic packaging market by 2021. Rigid plastics possess properties such as durability, impact strength, and chemical resistance. This will further increase the demand for rigid plastics in the market.
Medicine, food, and beverage industries are now turning towards efficient packaging systems to ensure safety and long-term storage. This is making the medicine, food and beverage industries, one of the biggest users of rigid plastic packaging. Furthermore, increasing demand from end-use industries, new technological developments, and consumer preference for convenient packaging is responsible for supporting the market growth of rigid plastic packaging market.
Moving onto global regions, Asia Pacific is anticipated to lead the rigid plastic market. China is expected to lead the market owing to the increasing demand for rigid plastic. Moreover, the increasing growth in the food and beverage industry in China is bound to drive the market in the near future. Europe is showing a favorable growth in the market owing to increasing financial stability. North America is the second largest region followed by Europe. The rapid development in the industrial network is expected to boost the rigid plastic packaging market in North America.
If you are interested in knowing more about the different sectors in the plastic industry and connect with industry leaders, then make sure to visit Plastivision 2019, India’s largest trade show for plastic finished products. Register today!
Leave a Reply Cancel reply
Recent Posts
- Exploring The Impact of Digitalisation In The Plastics Industry
- Aiming for Sustainable Construction with Plastics
- Exploring Innovation In The Plastic Manufacturing Process
- Exploring The Role Of Plastics In The Healthcare Industry
- Understanding The Value Of Design and Engineering In The Plastics Industry
Categories
- 3D Printing
- AIPMA
- Automation
- Automobile Sector
- Bio Plastics
- Environment
- Innovations In Recycling
- Latest Innovations
- Molds & Dies
- News
- Packaging Industry
- Plastic
- Plastic Application
- Plastic Industry
- Plastic Market
- Plastic Myths
- Plastic News From The World
- Plastic Packaging
- Plastic Products
- Plastic Recycling
- Plastic Solar Cells
- Plastic Waste
- Plastic World
- Plastics
- Plastics And Their Applications
- Plastics In Agriculture
- Plastics In Healthcare
- Plastics In Medical Industry
- Plasticulture
- Processing Machinery
- Recycling Machines
- Robotics
- Uncategorized
- Virtual Reality
Archives
- September 2023 (3)
- August 2023 (3)
- July 2023 (3)
- June 2023 (3)
- May 2023 (2)
- April 2023 (2)
- March 2023 (2)
- February 2023 (2)
- January 2023 (2)
- December 2022 (3)
- November 2022 (1)
- October 2022 (1)
- September 2022 (2)
- August 2022 (1)
- July 2022 (3)
- May 2022 (3)
- March 2022 (2)
- February 2022 (1)
- January 2022 (1)
- September 2021 (2)
- August 2021 (3)
- July 2021 (4)
- June 2021 (4)
- May 2021 (3)
- April 2021 (2)
- March 2021 (4)
- November 2019 (8)
- October 2019 (8)
- September 2019 (8)
- August 2019 (8)
- July 2019 (8)
- June 2019 (8)
- May 2019 (8)
- April 2019 (8)
- March 2019 (8)
- February 2019 (12)
- January 2019 (8)
- December 2018 (8)
- November 2018 (12)
- October 2018 (12)