Rigid Packaging Companies

The Rigid Packaging Market, encompassing containers and boxes made of materials like plastic, metal, and glass, stands as a cornerstone of global trade and consumerism. This growth is driven by rising consumer demand, expansion of the e-commerce sector, and the need for durable and sustainable packaging solutions.

Strategies for Market Share:

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  Product Innovation: Constant development of lightweight, sustainable, and aesthetically pleasing packaging solutions to cater to evolving consumer preferences and environmental concerns.


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  Geographic Expansion: Entering new markets with high-growth potential, particularly in developing economies.


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  M&A Activity: Mergers and acquisitions to consolidate market share, acquire new technologies, and expand product portfolios.


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  Vertical Integration: Integrating upstream and downstream operations to gain control over supply chains and improve cost efficiency.


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  Focus on Niche Markets: Catering to specific industry needs through specialized packaging solutions for pharmaceuticals, cosmetics, or luxury goods.

Factors Influencing Market Share:

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  Production Capacity and Technology: Ability to meet demand efficiently and leverage cutting-edge technologies for production and innovation.


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  Cost Competitiveness: Maintaining competitive pricing while ensuring quality and functionality of packaging solutions.


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  Customer Relationships: Building strong partnerships with key brands and retailers to secure long-term contracts and market access.


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  Sustainability Initiatives: Proactive efforts in recycling, biodegradable materials, and carbon footprint reduction can attract environmentally conscious consumers and brands.

List of Key Players in the Rigid Packaging Market:

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  Brambles

  
  


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  Vetropack Holding

  
  


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  Schoeller Allibert

  
  


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  IPL Plastics

  
  


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  Menasha Corporation

  
  


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  Schutz GmbH and Co

  
  


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  DS Smith

  
  


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  Myers Industries

  
  

Recent Developments:

June 2020: Aramco announced the completion of its share acquisition from the Public Investment Fund of 70% ownership in Saudi Basic Industries Corporation (SABIC) (PIF). The SABIC stake acquisition contributes to Aramco's long-term downstream strategy of increasing integrated refining and petrochemical capacity and creating value through integration across the hydrocarbon chain.

February 2020: TEQ Thermoform Engineered Quality, a global maker of thermoformed packaging for the healthcare, medical device, and consumer markets, was acquired by Sonoco, and all of its manufacturing locations are scheduled to be renamed and branded only as TEQ.

September 2023: Berry Global, a leading provider of packaging and engineered products, has launched a new sustainable rigid packaging solution. The new packaging is made from a plant-based material that is compostable and recyclable. It is also designed to reduce food waste.

July 2023: Amcor, a global leader in packaging solutions, has launched a new high-barrier rigid packaging solution for infant formula. The new packaging is designed to protect the nutritional value of infant formula and extend its shelf life. It is also recyclable and made with a high percentage of recycled content.

In February 2020 Plastipak announced a strategic investment into lightweight finish technology for carbonated beverage bottles. The acquisition will enable commercialization of a family of preforms in the U.S.& Europe, which use the lightest weight neck finish ever designed for carbonated beverages.