Nordic Rigid Plastic Packaging Market
Nordic Rigid Plastic Packaging Market Research Report By Application (Food Packaging, Beverage Packaging, Healthcare Packaging, Personal Care Packaging, Household Care Packaging), By Type (Containers, Trays, Bottles, Tubs, Jars), By Material (Polypropylene, Polyethylene, Polyvinyl Chloride, Polystyrene, Polycarbonate), By End Use (Food Industry, Beverage Industry, Pharmaceutical Industry, Cosmetics Industry, Cleaning Products Industry) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to ... read more
Industry Developments
The Nordic Rigid Plastic Packaging Market has seen notable developments recently, particularly in sustainability efforts and technological advancements. Companies like Berry and Amcor are increasingly focusing on eco-friendly materials to meet the growing consumer demand for sustainable packaging solutions. Sealed Air and Mondi have announced new product lines emphasizing recyclable and biodegradable packaging options, reflecting a shift towards lower environmental impact. The market has also experienced significant growth, driven by the rising demand in food and beverage sectors, as well as in healthcare products. Mergers and acquisitions have been notable, with Greiner Packaging and Sonoco Products exploring strategic partnerships to enhance their market positions and expand their product offerings. Clondalkin Group's recent acquisition by a private equity firm aims to strengthen its foothold in the market. The competitive landscape continues to evolve, with companies like Huhtamaki and Plastipak investing heavily in automation and digital technologies to improve manufacturing efficiency. These factors are collectively influencing market dynamics, propelling companies to innovate and adapt in response to consumer preferences and regulatory changes surrounding packaging materials.
Report Scope
|
Report Attribute/Metric |
Details |
|
Market Size 2023 |
6.17(USD Billion) |
|
Market Size 2024 |
6.38(USD Billion) |
|
Market Size 2035 |
9.2(USD Billion) |
|
Compound Annual Growth Rate (CAGR) |
3.39% (2025 - 2035) |
|
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
|
Base Year |
2024 |
|
Market Forecast Period |
2025 - 2035 |
|
Historical Data |
2019 - 2024 |
|
Market Forecast Units |
USD Billion |
|
Key Companies Profiled |
Berry Global, Sealed Air, Smurfit Kappa, Mondi, Greiner Packaging, Sonoco Products, Clondalkin Group, Coveris, Plastipak, Amcor, Constantia Flexibles, ALPLA, Huhtamaki, Mead Westvaco, Schur Flexibles |
|
Segments Covered |
Application, Type, Material, End Use, Regional |
|
Key Market Opportunities |
Sustainable packaging innovations, E-commerce growth boosting demand, Increased use of biodegradable materials, Adoption in healthcare packaging, Expanding food and beverage sectors |
|
Key Market Dynamics |
sustainability trends, e-commerce growth, regulatory compliances, lightweight materials innovation, consumer preference shifts |
|
Countries Covered |
North America, Europe, APAC, South America, MEA |
FAQs
What is the projected market size of the Global Nordic Rigid Plastic Packaging Market in 2024?
The Global Nordic Rigid Plastic Packaging Market is expected to be valued at 6.38 USD Billion in 2024.
What is the expected value of the Global Nordic Rigid Plastic Packaging Market by 2035?
By 2035, the market is anticipated to reach a value of 9.2 USD Billion.
What is the expected CAGR for the Global Nordic Rigid Plastic Packaging Market from 2025 to 2035?
The market is expected to grow at a CAGR of 3.39% from 2025 to 2035.
Which application segment accounts for the largest value in the Nordic Rigid Plastic Packaging Market in 2024?
Food Packaging is projected to account for a value of 2.0 USD Billion in 2024.
How much is the Beverage Packaging segment valued at for the Global Nordic Rigid Plastic Packaging Market in 2024?
The Beverage Packaging segment is valued at 1.5 USD Billion in 2024.
Which region is expected to have the highest value in the Nordic Rigid Plastic Packaging Market by 2035?
Europe is projected to have the highest value at 3.5 USD Billion by 2035.
What is the estimated market value for the North America region in 2024?
The North American region is expected to be valued at 1.65 USD Billion in 2024.
Who are some key players in the Global Nordic Rigid Plastic Packaging Market?
Key players include Berry Global, Sealed Air, Smurfit Kappa, and Amcor, among others.
What is the expected market size for Healthcare Packaging in 2035?
Healthcare Packaging is expected to reach a value of 1.7 USD Billion by 2035.
What are the projected values for the Household Care Packaging segment from 2024 to 2035?
Household Care Packaging is valued at 1.88 USD Billion in 2024 and expected to be 1.4 USD Billion in 2035.
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