Date : June 28, 2022
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As a result of COVID-19, demands for packaged food have increased which has resulted into higher market growth for global rigid plastic packaging industry.

As a result of COVID-19, demands for packaged food have increased which has resulted into higher market growth for global rigid plastic packaging industry.
Rigid plastic packaging is one of the most demanded and used products in the world. In our daily use, we use different products like bottles, jars, tubs, pots, and trays. These are daily use items, and they are all rigid plastic. Rigid plastic is hard and does not break. It is affordable, low cost, and is used for multiple purposes. Rigid plastic bottles are used for packaging various products such as water, juices, carbonated soft drinks, cosmetics, food products, personal care products, and pharmaceutical products. The population is also growing at a rapid pace, which is leading to an increase in food and beverage consumption, as well as the use of healthcare, industrial, and cosmetic products.

Rigid plastic is used for various purposes, and therefore the demand is also increasing. An increase in consumption is also increasing in food and beverages, cosmetics, industrial and healthcare uses. These have projected and increased the region's market value. Rigid plastic is used excessively in food and beverages. It gives and facilitates convenience in handling food products and prevents damage. People use a larger portion of their household size has become busy these days, and therefore they want more packed food. Both have resulted in developments in food packaging such as rigid containers. In the healthcare industry, rigid plastic is used to make and create medical tools and devices like surgical gloves, syringes, insulin, inflatable splits, IV tubes, and catheters. For cosmetics, the products are cartons, boxes, and corrugated shippers are used. We have also witnessed in all regions this huge demand for different rigid plastic products. in order to know all the regions and their market value and shares. We will consider all the five regions: North America, Europe, South America, Middle East, Africa, and Asia-Pacific.

The Asia-Pacific region is dominating the global market by holding higher market growth. The demand for rigid plastic is increasing rapidly. An increase in consumption has shifted companies to manufacture more rigid plastic products. Asia-Pacific also has the largest population, so spending is also high in this region. People have become more health-conscious due to the COVID-19 outbreak in 2019. These packed products have become so much in demand that rigid plastic is also in demand in results. In these regions, China is the dominating and leading country, with a majority share and market value. Some of the major companies in this region are Berry Plastic Corporation, Sonoco Products Company, Amcor Limited, DS Smith PLC, and Mondi Group. Some of the recent news is that Mondi, a global leader in packaging and paper, has added to its range of sustainable premium food and pet food packaging solutions with the launch of RetortPouch Recyclable. The new high-barrier pouch will replace complex multi-layer and unrecyclable packaging for a range of food and wet pet food products. Moist or semi-moist foods that are heat-treated in steam or hot water retort vessels to achieve commercial sterilization for shelf-stable foods require retort packaging.

Rigid plastic is made from resins. It contains PE, PET, PP, PS, PVC, bioplastics, and HDPE. Each of these materials has different features and has been used in different products. PE is the most common and they are manufactured at high density. Each of the final products has unique properties. It has different varieties of products. It has four types, and those are LDPE (Low density polyethylene), MDPE, HDPE (high density polyethylene), and ultra high molecular weight polyethylene. Low density also has market share globally, but it has a low share. LDPE is ductile and it is used to make products like shopping bags, plastic bags, clear food and containers, etc. It is used for small bottles and jars to keep honey, and it is weaker than honey. High density polyethylene (HDPE) is more rigid than LDPE and is used in products such as plastic bottles, water and sewer piping, snowboards, boats, and folding chairs. Another is PP, which is a thermoplastic polymer. It is also the most demanded and widely used to produce synthetic plastic. The properties of these are that they do not crack and they retain flexibility. It is durable, flexible, heat resistant, and acid resistant. These products are basically used to make laboratory equipment, automotive parts, medical devices, and food containers. Tubs, cups, and trays are also made for use with foods. PET is the most common resin of this polyester. PET is shatterproof and possesses an impressive high strength-to-weight ratio. PET is basically used for food and liquid, glass fibre for engineering resins, and carbon nanotubes. PVC is a polyvinyl chloride that contains both flexible and rigid properties. PVC is mostly used in construction materials, doors, windows, bottles, non-food packaging and more. These material types are used to make different types of products like bottles and jars, rigid bulk products, trays, pots, cups, and pots. Each of these products has a different purpose and use. Each has a different use for bottles and jars. These include plastic screw-on caps and plastic cap-downs. These are basically for oils, and the caps are frequently opened and closed. In some cases, these hinged-up caps are fitted with a small pouring spout, which is very convenient for the customer for sauces and honey. Plastic shrink sleeves and aluminum foil capsules can be slipped over the cap to make it pilfer-proof and more attractive. Tubs and cups are used in containers that have snap-on or push-on plastic lids or heat-sealed aluminum foil. Trays also have various uses, like for transportation of small products. Rigid plastic trays are also used for meat and meat products, poultry, seafood, dairy products, and fruit.

Further, major investment is being made by governments across the North American region. A higher amount of funding is raised by several companies in this region. In these regions, countries include the USA, Canada, Mexico, and the rest of the world. North America is the most popular for food and beverages. People in recent times have become busy, and therefore, usually packed food and beverages are demanded the most. Consumption has also been increasing in this region, which has contributed to the increase in market share and market value. Other demand applications are for industrial transport of small products, for which healthcare equipment is made, for cosmetics boxes are made. Companies in the North America region are Berry Global Inc., Amcor PLC, Mondi PLC, DS Smith PLC, and Sonoco Company.

On the other hand, in Europe, there are several companies which are continuously growing and increasing the GDP of the economy. The government is also supporting this use of rigid plastic packaging. The rise in the population and the usage of rigid packaging is also increasing day by day. The trend is also changing, and consumers are adopting the use of packed items to consume. A rise in consumption has affected the rise of rigid plastic packaging. People nowadays use packed food and consume packed items. These factors have led to a rise in demand and a surge in rigid plastic applications. Some of the major companies in the European region are Amcor PLC, Sealed Air Corporation, RPC Group Limited, Constantia Flexibles Gmbh and Sonoco Products Company. Coveris unveiled Duralite R, which is a range of next generation shrink films that are fully recyclable.

As for the South American region, the countries covered are Brazil and Argentina. Rigid plastic is in huge demand for plastic. Plastic is used for packaging and also prevents loss of items which are used inside. According to re, Brazil is leading and dominating in the production of rigid plastic packaging. Some of the major companies in these regions are Amcor Plc, Sonoco Products Company, Plastik Packaging Do Brazil Ltd, Graham Packaging Company, and Berry Global Inc. Some of the recent news out of South America is that RPC Group is among the leading global designers and engineers of plastic products in the packaging and non-packaging markets. This acquisition helped the growth of Berry’s Engineered Materials product portfolio, which is expected to strengthen the company’s product line. Amcor partnered with New Age to launch PET bottles for the Salzburg craft beer bottles in Brazil. The 600 ml bottles are designed with a glass-like, champagne-style base in combination with a lightweight and shatter-resistant PET.

People in the Middle East & Africa region are more health-conscious, therefore the majority of the population prefer packed food and products. This helps them to consume less time and they can be on time for work. In the MEA region, the UAE is the most dominant and leads in rigid plastic packaging. Some of the major companies in this region are SABIC, Zamil Plastic Industries Co., Takween Advanced Industries, Packaging Products Company, and PlaticosSPS. And some recent news from this region are that SABIC launched the TRUCIRCLE initiative and solutions, showcased at K 2019, including SABIC’s flagship certified circular polymers from the chemical recycling of mixed plastic waste, certified renewable polymers, its new polycarbonate (PC) based on certified renewable feedstock and mechanical recycled polymers.
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As a result of COVID-19, demands for packaged food have increased which has resulted into higher market growth for global rigid plastic packaging industry.

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