Rigid Plastic Packaging Market Europe | COVID-19 Impact

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Segmentation

The global Rigid Plastic Packaging Market Europe is studied for various segments based on material, manufacturing process, application, and region. Based on material, the global Rigid Plastic Packaging Market Europe is segmented into bioplastics, polyethylene terephthalate (PET), polyvinyl chloride (PVAC),  and polyethylene (PE). The polyethylene segment dominated the global Rigid Plastic Packaging Market Europe over the forecast period. The segment is also expected to retain such dominance over the global Rigid Plastic Packaging Market Europe and witness fastest growth rate through the forecast period. Majority of end users are likely to use LDPE rigid plastic packaging due to various benefits such as barrier of moisture, ease of processing, flexibility, ease of sealing, and strength/toughness.

Regional Analysis

The Rigid Plastic Packaging Market Europe is segmented, by region, into North America, Europe, Asia Pacific, and the Rest of the World. Asia Pacific is expected to dominate the global Rigid Plastic Packaging Market Europe, which is followed by North America in the second position. Asia Pacific is likely to observe the fastest CAGR over the forecast period. Japan, China, and India are potential growth pockets in the regional Rigid Plastic Packaging Market Europe. Availability of low labor cost and cheap raw materials are impacting the regional Rigid Plastic Packaging Market Europe over the assessment period.

Key Players

Some of the prominent players in the global Rigid Plastic Packaging Market Europe include Bemis Company, Inc. (U.S.), Amcor Limited (Australia), RPC Group Plc (U.K.), ALPLA Werke Alwin Lehner GmbH & Co KG (Austria), Sealed Air Corporation (U.S.), Berry Plastics Corporation (U.S.), Reynolds Group Holdings (New Zealand), Coveris Holdings S.A. (Luxembourg), Plastipak Holdings, Inc. (U.S.), Linpac Packaging Limited (U.K.), Silgan Holdings, Inc. (U.S.), and Consolidated Container Company (U.S.).

Industry Update

June 2019: UK Plastics Pact OPRL recently launched new guidelines regarding the recyclability of rigid plastic packaging. These guidelines are expected to aid customers in easier recycling and the adoption of sustainable packaging solutions.