Rigid Food Packaging
The global plastic rigid food packaging market was estimated at almost 30 billion pounds in 2013. The market is expected to reach about 31.1 billion pounds in 2014 and 37.2 billion pounds by 2019, a compound annual growth rate (CAGR) of 3.7% from 2014 to 2019.
- An overview of the global market for rigid food packaging.
- Analyses of global market trends, with data from 2013, estimates for 2014, and projections of CAGRs through 2019.
- Segmentation of the market by major application which include bottles; dairy, meat and deli containers; molded and thermoformed containers made up mostly of liquid foods; prepared foods (e.g., frozen, microwave, dual-ovenables); and food service packaging.
- Quantitative assessments of individual plastics usage in key markets.
- Descriptions of the roles of the many companies involved in rigid food packaging such as molders, thermoformers, and converters.
- Comprehensive profiles of major players in the industry.
This report covers key resins used in rigid food packaging, segmented by the major applications including: bottles, dairy, meat/deli, prepared food, containers, foodservice plates, cups, other food containers, and miscellaneous food packaging products.
The major resins covered include polyethylene terephthalate (PET), high-density polyethylene (HDPE), polystyrene (PS), polypropylene (PP), low-density polyethylene (LDPE), polycarbonates (PC), styrene block copolymers (SBCs), polyvinylchloride (PVC) and others.
Coverage is specific in terms of analyzing pre-packaged foods in rigid packaging and excludes non-prepackaged rigid packaging but includes foodservice uses such as trays for holding meals, utensils, and cups. The market data represents global consumption of plastics in rigid food packaging.
In addition to evaluations of the many technologies involved, this report quantitatively assesses individual plastics usage in the key markets; provides rationales for the trends within each market sector; describes the roles of the many companies involved such as injection and blow molders, and thermoformers and discusses the structure of the industry, the ever-increasing importance of recycling, and other critical issues such as non-petroleum source materials.
Melvin Schlechter has thirty years of experience in the chemical industry, specializes in plastics market research and has been a BCC Research analyst for since 2006. Previously, Mr. Schlechter was the International Director of Chemical Reports for Frost & Sullivan. He also worked for the Union Carbide Company as a Senior Market Research Analyst, was a Senior Organic/Polymer Chemist for Stauffer Chemical Company and a Research Organic Chemist for Allied Signal Corporation. Mr. Schlechter holds a B.S. in Chemistry from Queens College, a Masters in Organic Chemistry from Virginia Tech, and an MBA from Adelphi University.
- The U.S. market for plastic rigid food packaging should increase from about 13 billion pounds in 2007 to an estimated 13.7 billion pounds by the end of 2008. It should reach slightly over 17 billion pounds by 2013, a compound annual growth rate (CAGR) of 4.7%.
- Bottles have the largest share of the rigid food packaging market and are expected to increase from an estimated 7.5 billion pounds in 2008 to nearly 9.5 billion pounds in 2013, a CAGR of 4.8%.
- Significant increase in the use of polypropylene will see the segment increase from an estimated 1.1 billion pounds in 2008 to 1.5 billion pounds in 2013, for a CAGR of 6.6%.
The plastic rigid food packaging market in North America reached about 10.3 billion pounds in 2003 and is expected to increase to more than 13.6 billion pounds by 2008 at an AAGR (average annual growth rate) of 5.8%.
PET is the dominant resin at 5.8 billion pounds and its use is rising faster than the total market, at an AAGR of 6.4%.
HDPE, polystyrene and polypropylene come next, with the latter rising at an AAGR of 7.3%.
Polycarbonate, while representing a small piece of the pie, will rise the fastest at an AAGR of 7.4%, reaching 100 million pounds in 2008.
New technologies are an important growth factor especially in the areas of barrier bottles and dual-ovenable packaging.