Global Rigid Packaging Market Continues to Expand as Major Market Leader Alpla
Group acquires Amcor Limited’s plastic plant of PET bottles in India to strengthen its
Rigid packaging is merely lightweight pouches or bags sealed with pressure or heat seal.
Probably the most obvious advantage of rigid packaging is that it is very lightweight and
very durable, offering high protection against damage. The thickness of a firm package is an
important factor to take into account when it comes to the advantages and disadvantages of
both kinds of packaging.
High growth in the logistics and transportation sector is expected to drive growth of the
global Rigid Packaging Market throughout the forecast period. The logistics and
transportation sectors have witnessed massive growth in both developed and emerging
economies. According to the India Brand Equity Foundation (IBEF), the Indian logistics
market is expected to achieve US$ 215 billion by 2020, registering a CAGR of 10.5%.
Rigid packaging is a critical element in the transportation and logistics application. It gives
adequate protection & durability during transportation alongside a variety of substrates,
shapes, and enhanced recycling capabilities. Thus, these factors are expected to drive
growth of the global rigid packaging market throughout the forecast period. Furthermore,
rapid growth of the e-commerce industry is likely to propel the global rigid packaging
market growth over the forecast period. According to the U.S. Department of Commerce, e-
commerce sales in the U.S. in the next quarter of 2020 reached US$ 199.4 billion.
Moreover, rising consumer goods demand and improving package recycling rates are
expected to boost industry growth over the forecast period.
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