• About us
  • Contact Us
  • Submit a Press Release
Monday, June 5, 2023
Share on facebook
Share on twitter
Share on linkedin
Share on pinterest
TheEast-Africana
No Result
View All Result
Submit PR
  • Ethiopia

    Finance Bill 2023: Mbeere North MP Geoffrey Ruku Supports Tax … – Tuko.co.ke

    COMMENT: The diamond industry is in crisis and Botswana is going … – bne IntelliNews

    From Botswana to Taiwan, a dozen UW students receive Fulbright … – University of Washington

    Breed all about it! Botswana imports bulls and heifers from the US for insemination programme – News24

  • Kenya

    Russian top diplomat Sergey Lavrov in Nairobi – Business Daily

    Taiwan excluded from WHO annual assembly following Chinese opposition – Yahoo Finance

    Tensions in Both Taiwan and Eswatini a Major Threat to their … – New Bloom Magazine

    Never Again – Until Next Time? Push To Pandemic-Proof The World … – Health Policy Watch

  • Rwanda

    Back to square one: political infighting again stalls Lesotho reforms – Institute for Security Studies

    Kingdom of Lesotho: Staff Concluding Statement of the 2023 Article … – International Monetary Fund

    President Cyril Ramaphosa jointly launches Phase 2 Lesotho … – South African Government

    Rwanda: Health Sector Reforms to Boost Retention of Medical … – AllAfrica – Top Africa News

  • Uganda

    Uganda: Museveni signs Anti-Homosexuality Bill – PinkNews

    Uganda enacts harsh anti-LGBTQ law including death penalty – Reuters

    Uganda signs anti-LGBTQ bill into law – National Herald

    Uganda: We Should Have a Dialogue With Museveni – FDC Chairman – AllAfrica – Top Africa News

  • MORE COUNTRIES
    • Burundi
    • Comoros
    • Djibouti
    • Eritrea
    • Ethiopia
    • Kenya
    • Madagascar
    • Malawi
    • Mauritius
    • Mozambique
    • Rwanda
    • Seychelles
    • Somalia
    • South Sudan
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • AFRICA
    Annual Investment Meeting 2023 to Explore the Role of Digital Technology in Designing Future Cities

    Annual Investment Meeting 2023 to Explore the Role of Digital Technology in Designing Future Cities

    BZR on Coinstore – a Significant Milestone for Bazaars

    BZR on Coinstore – a Significant Milestone for Bazaars

    Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

    Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

    أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

    أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

  • Press releases
    Neutrino Energy: استكشاف الإمكانات غير المستغلة لطاقة النيوترينو

    Neutrino Energy: استكشاف الإمكانات غير المستغلة لطاقة النيوترينو

    الرياض تستضيف فعاليات الدورة الثانية من المنتدى العالمي لإدارة المشاريع

    الرياض تستضيف فعاليات الدورة الثانية من المنتدى العالمي لإدارة المشاريع

    الرياض تستضيف فعاليات الدورة الثانية من المنتدى العالمي لإدارة المشاريع

    Riyadh hosts second edition of Global Project Management Forum

    AND BEYOND: A new era of Production and Digital Engagement with Marwan Khoury

    AND BEYOND: A new era of Production and Digital Engagement with Marwan Khoury

    3D Surveillance Software Market to Hit USD 176.66 Bn by 2029: Competitive Landscape, Trends, Statistics, and Segmentation

    3D Surveillance Software Market to Hit USD 176.66 Bn by 2029: Competitive Landscape, Trends, Statistics, and Segmentation

    Lighting Transformer Market to reach USD 3 Bn by 2029, emerging at a CAGR of 5.4 percent and forecast (2023-2029)

    Lighting Transformer Market to reach USD 3 Bn by 2029, emerging at a CAGR of 5.4 percent and forecast (2023-2029)

    Trending Tags

    • Ethiopia

      Finance Bill 2023: Mbeere North MP Geoffrey Ruku Supports Tax … – Tuko.co.ke

      COMMENT: The diamond industry is in crisis and Botswana is going … – bne IntelliNews

      From Botswana to Taiwan, a dozen UW students receive Fulbright … – University of Washington

      Breed all about it! Botswana imports bulls and heifers from the US for insemination programme – News24

    • Kenya

      Russian top diplomat Sergey Lavrov in Nairobi – Business Daily

      Taiwan excluded from WHO annual assembly following Chinese opposition – Yahoo Finance

      Tensions in Both Taiwan and Eswatini a Major Threat to their … – New Bloom Magazine

      Never Again – Until Next Time? Push To Pandemic-Proof The World … – Health Policy Watch

    • Rwanda

      Back to square one: political infighting again stalls Lesotho reforms – Institute for Security Studies

      Kingdom of Lesotho: Staff Concluding Statement of the 2023 Article … – International Monetary Fund

      President Cyril Ramaphosa jointly launches Phase 2 Lesotho … – South African Government

      Rwanda: Health Sector Reforms to Boost Retention of Medical … – AllAfrica – Top Africa News

    • Uganda

      Uganda: Museveni signs Anti-Homosexuality Bill – PinkNews

      Uganda enacts harsh anti-LGBTQ law including death penalty – Reuters

      Uganda signs anti-LGBTQ bill into law – National Herald

      Uganda: We Should Have a Dialogue With Museveni – FDC Chairman – AllAfrica – Top Africa News

    • MORE COUNTRIES
      • Burundi
      • Comoros
      • Djibouti
      • Eritrea
      • Ethiopia
      • Kenya
      • Madagascar
      • Malawi
      • Mauritius
      • Mozambique
      • Rwanda
      • Seychelles
      • Somalia
      • South Sudan
      • Tanzania
      • Uganda
      • Zambia
      • Zimbabwe
    • AFRICA
      Annual Investment Meeting 2023 to Explore the Role of Digital Technology in Designing Future Cities

      Annual Investment Meeting 2023 to Explore the Role of Digital Technology in Designing Future Cities

      BZR on Coinstore – a Significant Milestone for Bazaars

      BZR on Coinstore – a Significant Milestone for Bazaars

      Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

      Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

      أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

      أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

    • Press releases
      Neutrino Energy: استكشاف الإمكانات غير المستغلة لطاقة النيوترينو

      Neutrino Energy: استكشاف الإمكانات غير المستغلة لطاقة النيوترينو

      الرياض تستضيف فعاليات الدورة الثانية من المنتدى العالمي لإدارة المشاريع

      الرياض تستضيف فعاليات الدورة الثانية من المنتدى العالمي لإدارة المشاريع

      الرياض تستضيف فعاليات الدورة الثانية من المنتدى العالمي لإدارة المشاريع

      Riyadh hosts second edition of Global Project Management Forum

      AND BEYOND: A new era of Production and Digital Engagement with Marwan Khoury

      AND BEYOND: A new era of Production and Digital Engagement with Marwan Khoury

      3D Surveillance Software Market to Hit USD 176.66 Bn by 2029: Competitive Landscape, Trends, Statistics, and Segmentation

      3D Surveillance Software Market to Hit USD 176.66 Bn by 2029: Competitive Landscape, Trends, Statistics, and Segmentation

      Lighting Transformer Market to reach USD 3 Bn by 2029, emerging at a CAGR of 5.4 percent and forecast (2023-2029)

      Lighting Transformer Market to reach USD 3 Bn by 2029, emerging at a CAGR of 5.4 percent and forecast (2023-2029)

      Trending Tags

      Submit PR
      No Result
      View All Result
      TheEast-africana
      Submit PR
      Home Press Releases

      North America Rigid Packaging Market Size Estimated to Reach $14.3 Billion by 2027

      admin by admin
      April 13, 2022
      in Press Releases
      North America Rigid Packaging Market Size Estimated to Reach $14.3 Billion by 2027
      Share on FacebookShare on Twitter


       


      North America Rigid Packaging Market

      (EMAILWIRE.COM, April 13, 2022 ) North America Rigid Packaging Market size is estimated to reach $14.3 billion by 2027, growing at a CAGR of 2.7% during the forecast period 2022-2027. Rigid Packaging refers to packaging that cannot be bent or be forced out of form. It is not flexible and provides structure and backing for products and is recognized for its strength. Examples of rigid packaging materials involve corrugated and paperboard boxes, plastic bottles and boxes, aluminum cans, and glass jars. Recognized uses are inclusive of cereal boxes, glass bottles of spirits, cans of soup, and laundry detergent bottles. The surging food and beverage industry and proliferating demand for sustainable and recyclable material are contributing to the heightened application of polyethylene terephthalate resin in North America. Polystyrene (PS) and expanded polystyrene (EPS) are materials utilized in rigid packaging. Injection molding is the most typically utilized manufacturing technique for the fabrication of plastic parts. An extensive assortment of products is made utilizing injection molding, which changes greatly in their size, complexity, and use. There are many makers of thermoforming plastic-like the Sabert Corporation (U.S.) in the North American region. Corrugated cases are utilized in the packaging of products across different industry sectors like food and beverage, cosmetics, pharmaceuticals, and more in North America. The soaring application of plastic packaging in the essential food and beverage industry specifically vital amidst the COVID-19 pandemic is set to drive the North America Rigid Packaging Market. The surging demand for convenience food, food packaging utilizing corrugated cases, and a proliferating count of nuclear families is set to propel the growth of the North America Rigid Packaging Market during the forecast period 2022-2027. This represents the North America Rigid Packaging Industry Outlook.

      North America Rigid Packaging Market Segment Analysis By Type

      The North America Rigid Packaging Market based on type can be further segmented into Rigid Plastics, Metals, Glass, Paper, and Others. The Rigid Plastics Segment held the largest market share in 2021. This growth is owing to the extensive application of polyethylene terephthalate (PET) bottles across different industries like food and beverage and pharmaceuticals. Thermoforming has its benefits which support the rigid thermoform plastic packaging sector. The soaring application of polystyrene in packaging which has been endorsed by the U.S Food And Drug Administration (FDA) and which can help minimize foodborne sickness in homes is further propelling the growth of this segment.

      Furthermore, the Paper segment is estimated to grow with the fastest CAGR of 3.3% during the forecast period 2022-2027 owing to the paper being extracted from organic sources and being extremely environment-friendly like expanded polystyrene (EPS) which is also environmentally friendly.

      Request for Sample Report @ https://www.industryarc.com/pdfdownload.php?id=19851
      Report Price: $ 4500 (Single User License)

      North America Rigid Packaging Market Segment Analysis – By Application

      The North America Rigid Packaging Market based on the application can be further segmented into Food And Beverage, Pharmaceuticals, Personal Care and Others. The Food And Beverage held the largest market share in 2021. This growth is owing to the soaring demand for food services and the surging retail food business. Rigid packaging in the food and beverage industry offers longer shelf life. The soaring application of polyethylene terephthalate (PET) bottles owing to their gas barrier enhancement is further propelling the growth of the Food And Beverage segment.

      Furthermore, the Pharmaceuticals segment is estimated to grow with the fastest CAGR of 3.4% during the forecast period 2022-2027 owing to the extensive application of polyethylene terephthalate (PET) bottles which need to be non-toxic, non-carcinogenic, and biocompatible, and in no way damaging to the environment.

      North America Rigid Packaging Market Segment Analysis – By Country

      The North America Rigid Packaging Market based on the country can be further segmented into U.S., Canada, and Mexico. U.S. (North America Rigid Packaging Market) held the largest share with 74% of the overall market in 2021. The growth of this region is owing to the soaring innovations in the rigid thermoform plastic packaging sector. Thermoforming has many advantages like reduced cost and versatility. The huge growth in the manufacturing of products building a massive customer base in the rigid thermoform plastic packaging sector is further propelling the growth of the North America Rigid Packaging Market in the American region.

      Furthermore, the Canadian region is estimated to be the region with the fastest CAGR rate over the forecast period 2022-2027. This growth is owing to factors like the proliferating application of rigid plastic containers in the Canadian region. The heightening application of polyethylene terephthalate (PET) bottles is further fuelling the progress of the North America Rigid Packaging Market in the Canadian region.

      North America Rigid Packaging Market Drivers

      Soaring Applications Of Polystrene Are Projected To Drive The Growth Of North America Rigid Packaging Market:

      The rigid and hard type of polystyrene is utilized in the manufacture of television and computer housings. Additional IT equipment also utilizes polystyrene owing to its ability to provide the correct type of finish and shape. Polystyrene is widely utilized in the packaging of food products. It supports maintaining the cleanliness and freshness of food. It does not cost much to utilize polystyrene and being transparent, it is amazing in terms of appearance which is so crucial in retail. General Purpose Polystyrene (GPPS) and High Impact Polystyrene (HIPS) are both accessible for application in injection molding. The soaring applications of polystyrene are therefore fuelling the growth of the North America Rigid Packaging Market during the forecast period 2022-2027.

      Benefits of Thermoforming Are Expected To Boost The Demand Of North America Rigid Packaging:

      Thermoforming is a plastic forming procedure utilized to build a wide assortment of consumer goods by softening a plastic sheet over a mold and permitting it to cool. With suitable machinery, thermoforming can generate thousands of plastic parts per hour, turning it into a perfect forming technique for the high-volume manufacture of plastic parts. The thin plastic sheet utilized to manufacture thin-gauge plastic parts is termed thermoforming film. The benefits of thermoforming include reduced cost, versatility, fast turnaround, and minimum waste. Thin-gauge thermoforming is utilized to develop plastic packaging for products across retail, medical, food and beverage, and additional industries. These advantages of thermoforming are driving the growth of the North America Rigid Packaging Market during the forecast period 2022-2027.

      Direct Purchase @ https://www.industryarc.com/purchasereport.php?id=19851

      North America Rigid Packaging Market Challenges

      Flexible Packaging Is Challenging The Growth Of The North America Rigid Packaging Market:

      One technique to satisfy the requirements of consumers is to replace rigid packaging with flexible packaging. Flexible packaging incorporates lightweight packaging, specifically in the bottled water industry. Currently, polyethylene terephthalate (PET) bottles have acquired recognition owing to their sustainability, However, they are not as light as required by the consumer. The development of lightweight and flexible pouches to replace bottles has thus acquired significance and recognition. With rigid packaging, the costs associated with marketing the product and printing are greater than with flexible packaging. With flexible printing, the printing options are not only limitless but are also effortlessly altered, if required. These issues are hampering the growth of the North America Rigid Packaging Market.

      North America Rigid Packaging Market Landscape:

      Financing in research and development, novel market initiatives, enhancing production sites and facilities, novel product launches, product approvals, patents, product width and breadth, application dominance, and technology lifeline curve are key strategies adopted by players in the North America Rigid Packaging Market. Key companies of this market are:

      COEXPAN

      Fabri-Kal

      D&W Fine Pack

      EasyPak

      Placon

      Huhtamaki North America

      Genpak, LLC

      Amcor plc

      Pactiv LLC

      Sabert Corporation

      Recent Developments

      In November 2021, COEXPAN declared a series of packaging solutions that involve its COEXSHIELD mono-material PET or PP trays for just produced food applications, which it asserts can exhaust shelf-life from 7 to 12 days. Established by INNOTECH, COEXPAN’s Innovation and Technology Centre, the novel series is planned to take the place of complex medium and high-barrier laminates with high-barrier mono-materials that involve supplements appropriate for food contact. The novel series is targeted towards minimizing food waste in line with the Sustainable Development Goals.

      In October 2020, Fabri-Kal extended its sustainability product offerings with the introduction of Recycleware Containers. Produced in the U.S., the products include a minimum of 20-50% post-consumer recycled (PCR) PET material and are recyclable. The novel Recycleware products involve 50% PCR PET manufactured On-The-Go Boxes, which are appropriate for grab-and-go snacks, and a minimum of 50% PCR PET manufactured Round Deli Containers.

      In July 2020, Sabert Corporation declared the introduction of its novel product line, the Kraft Collection. Sabert’s Kraft Collection includes an assortment of corrugated and paperboard food packaging solutions prepared with an assortment of materials, which are recyclable, compostable, and include post-consumer fiber content, underscoring Sabert’s long-standing dedication to sustainability. The versatile collection covers an extensive assortment of solutions for all operator requirements.

      Key Takeaways

      By country, the U.S. (North America Rigid Packaging Market) accounted for the highest revenue share in 2021 and it is poised to dominate the market over the period 2022-2027 owing to the soaring application of an extensive assortment of rigid packaging solutions from bottles and jars to buckets, pails, cups, and tubs for different industries like food and confectioneries in conjunction with the application of corrugated cases.

      North America Rigid Packaging Market growth is being driven by the surging demand for rigid thermoform plastic packaging in the food and beverage industry for safe seals, improved shelf life, and quality designs together with the application of corrugated cases. However, market maturity and market saturation in applications like bottled and canned beers and carbonated soft drinks are some of the major factors hampering the growth of the North America Rigid Packaging Market.

      North America Rigid Packaging Market Detailed Analysis on the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the North America Rigid Packaging Market report.

      Related Reports

      A. North America & Asia Pacific Adsorbents Market
      https://www.industryarc.com/Report/19100/north-america-and-asia-pacific-adsorbents-market

      B. North America Biomedical Waste Management Market
      https://www.industryarc.com/Report/18334/north-america-biomedical-waste-management-market.html

      For more Food and Beverage Market reports, please click here

      About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.



      Source link

      Previous Post

      Healthcare Clinical Analytics Market is reaching US$ 28,000 Mn with CAGR of 14% during 2022-2025

      Next Post

      A healthcare revolution lurks in the metaverse

      Related Posts

      Neutrino Energy: استكشاف الإمكانات غير المستغلة لطاقة النيوترينو
      Press Releases

      Neutrino Energy: استكشاف الإمكانات غير المستغلة لطاقة النيوترينو

      May 31, 2023
      الرياض تستضيف فعاليات الدورة الثانية من المنتدى العالمي لإدارة المشاريع
      Press Releases

      الرياض تستضيف فعاليات الدورة الثانية من المنتدى العالمي لإدارة المشاريع

      May 31, 2023
      الرياض تستضيف فعاليات الدورة الثانية من المنتدى العالمي لإدارة المشاريع
      Press Releases

      Riyadh hosts second edition of Global Project Management Forum

      May 31, 2023
      AND BEYOND: A new era of Production and Digital Engagement with Marwan Khoury
      Press Releases

      AND BEYOND: A new era of Production and Digital Engagement with Marwan Khoury

      May 29, 2023
      3D Surveillance Software Market to Hit USD 176.66 Bn by 2029: Competitive Landscape, Trends, Statistics, and Segmentation
      Press Releases

      3D Surveillance Software Market to Hit USD 176.66 Bn by 2029: Competitive Landscape, Trends, Statistics, and Segmentation

      May 29, 2023
      Lighting Transformer Market to reach USD 3 Bn by 2029, emerging at a CAGR of 5.4 percent and forecast (2023-2029)
      Press Releases

      Lighting Transformer Market to reach USD 3 Bn by 2029, emerging at a CAGR of 5.4 percent and forecast (2023-2029)

      May 29, 2023

      Discussion about this post

      LATEST NEWS

      Neutrino Energy: استكشاف الإمكانات غير المستغلة لطاقة النيوترينو

      Neutrino Energy: استكشاف الإمكانات غير المستغلة لطاقة النيوترينو

      May 31, 2023
      الرياض تستضيف فعاليات الدورة الثانية من المنتدى العالمي لإدارة المشاريع

      الرياض تستضيف فعاليات الدورة الثانية من المنتدى العالمي لإدارة المشاريع

      May 31, 2023
      الرياض تستضيف فعاليات الدورة الثانية من المنتدى العالمي لإدارة المشاريع

      Riyadh hosts second edition of Global Project Management Forum

      May 31, 2023
      AND BEYOND: A new era of Production and Digital Engagement with Marwan Khoury

      AND BEYOND: A new era of Production and Digital Engagement with Marwan Khoury

      May 29, 2023

      About

      The East Africana™ reports and aggregates business, socio-economic, Tech and industrial news on Southern African countries.

      We provide press release distribution to media outlets in Africa including Botswana, Eswatini, Lesotho, Namibia and South Africa. Submit a press release or contact us today.

      Categories

      ETHIOPIA

      KENYA

      RWANDA

      UGANDA

      MORE COUNTRIES

      AFRICA

      PRESS RELEASES

      Recent Post

      Recent Posts
      • Neutrino Energy: استكشاف الإمكانات غير المستغلة لطاقة النيوترينو
      • الرياض تستضيف فعاليات الدورة الثانية من المنتدى العالمي لإدارة المشاريع
      • Riyadh hosts second edition of Global Project Management Forum

      Subscribe to Our Newsletter

        Share Us

        Share on facebook
        Share on twitter
        Share on linkedin
        Share on pinterest

        Contact Us

        • +1 832 716 2363
        • +12816454086
        • Email: Email Us
        • Skype: groupwebmedia
        The East Africana™ is part of GroupWeb Media Network. © 2023 GroupWeb Media LLC
        No Result
        View All Result
        • Ethiopia
        • Kenya
        • Rwanda
        • Uganda
        • MORE COUNTRIES
          • Burundi
          • Comoros
          • Djibouti
          • Eritrea
          • Ethiopia
          • Kenya
          • Madagascar
          • Malawi
          • Mauritius
          • Mozambique
          • Rwanda
          • Seychelles
          • Somalia
          • South Sudan
          • Tanzania
          • Uganda
          • Zambia
          • Zimbabwe
        • AFRICA
        • Press releases

        Share on facebook
        Share on twitter
        Share on linkedin
        Share on pinterest
        © 2023 The-East-Africana