High growth in transportation and logistics sector across the globe is the major factor driving the growth of the market. Increasing e-commerce business across the globe pouring the demand for the Rigid Packaging Market in India.

Regional Analysis

High growth in industrial activities and growing urbanize population in developing countries such as China and India boost the growth of the market. Furthermore, the availability of raw materials and low labor cost, together form a positive influence on the market growth. China accounts for the largest share of the Rigid Packaging Market in India in the Asia Pacific region.

North America is the second largest region of the market. Growing the use of bioplastic as a raw material for rigid packaging due to guidelines regarding the reduction of carbon footprints in the region driving the growth of the market. The U.S. is the major contributor to global as well as North American Rigid Packaging Market in India. Latin America and the Middle East & African regions are also expected to show a positive growth over the forecast period due to growing demand from the manufacturing and e-commerce sector.

Segmentation

Global [FURL=https://www.marketresearchfuture.com/reports/rigid-packaging-market-1772]Rigid Packaging Market in India[/FURL] has been segmented based on material, product, application, and region. On the basis of the material, the market is segmented into metals, plastics, glass, and paperboard. The plastic dominates the material segment of the market and is expected to be the fastest growing segment over the forecast period. Various types of plastics such as Polyethylene terephthalate (PET), Polyethylene (PE), Polypropylene (PP) are used in the production of rigid packaging products. Increasing adoption of rigid plastics for packaging mainly due to the factors such as lightweight, maintaining freshness of the product, strength/toughness, reduced breakage, and low cost.

On the basis of the application, the market is segmented as food & beverage, healthcare, personal care, consumer goods and others. The food & beverages segment dominates the application segment of the market and is projected to be the fastest growing application segment. Growing population along with growing the demand for food and beverages are fuelling the growth of the market. Increasing disposable income among the individuals along with changing lifestyles of people is expected a positive influence on the growth of the market.

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