The rigid plastic packaging involves utilization of plastic material for packaging. These materials are widely used to produce boxes, trays, containers, cases and other plastic packages. Plastic is among one of the highly used materials for packaging.
Rigid plastic packaging provides unique benefits such as high impact strength, high stiffness and high barrier properties. Although rigid packaging has existed for many decades, it continues to evolve to meet the needs of changing consumer landscape.
Consumer goods is a highly fragmented industry where product differentiation and packaging play a key role. Rise in the global consumption of consumer goods fuels the growth in demand for rigid plastic packaging. Additionally, the improving packaging recycling rates globally drives the market growth.