Rigid Plastic Packaging Market Share 2022-27 | Size, Trends and Global Industry Forecast
The latest research study “ Rigid Plastic Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027 ” by IMARC Group, finds that the global rigid plastic packaging market size reached US$ 216.55 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 296.05 Billion by 2027, exhibiting a growth rate (CAGR) of 5.10% during 2022-2027. What is Rigid Plastic Packaging? Rigid plastic packaging represents the utilization of plastic materials, including polypropylene (PP), highly-density polyethylene (HDPE), polyethylene (PET), etc., for packaging new bottles and containers. It is sturdier, heavier, and stronger than flexible packaging. Consequently, rigid plastic packaging is extensively used for wrapping fragile food items that need enhanced protection. These products have recyclable plastic containers with open tops and separate closures, lids, or covers that are usually viewed as nestable food containers. In line with this, rigi...