Rigid Plastic Packaging Market growth 2023 Opportunities, Industry Revenue and Business Size by Forecast - 2030
The Rigid Plastic Packaging Market Size was approximately valued at USD 132548.5 million in 2021. The rigid plastic packaging market industry is projected to grow from USD 139838.66 million in 2022 to USD 203420.39 million by 2030, exhibiting a compound annual growth rate (CAGR) of 5.50% during the forecast period (2022–2030). The rapid expansion of the food and beverage sector has increased demand for jars, bottles, fruit juice containers, food packaging containers, and gastronomy bags, a significant market driver for the Rigid Plastic Packaging Market growth . demand for rigid plastic packaging is expanding due to rising demand for electrical switches, containers, and bicycle wheels. Segmental Analysis The segmentation of the rigid plastic packaging market has been conducted on the basis of application, material, and region. The rigid plastic packaging market based on the material, is segmented into polyethylene terephthalate (PET), bio plastics, polyvinyl chloride (PVC), polyethyle