Plastic Thermoformed Products – Prospects for Rigid Plastic Packaging
Shanghai Yiyou Thermoforming Company – Industry Knowledge Collection
2021 years ago, hard plastic packaging will achieve rapid growth and global expansion. Packaging is the process of packing the product, protecting the product for sale, distribution, end-use and preservation. Hard plastic is used in the more commonly used toughened plastic, which is used for packaging products or materials and other applications. Because it is easy to mold, light weight, non-corrosive and inexpensive and other characteristics, which is very suitable for industrial applications. Hard plastic packaging can be used especially to increase the shelf life of the product. Plastic packaging includes different types, such as: pots, bottles, aluminum bottles, jars, corrugated boxes and aerosol containers.
According to Zion Market Research, it is expected that the demand for biodegradable rigid plastic packaging will continue to grow and will drive the rapid growth of the market in the near future. In addition, people turn to beverages and other home care products will also have a positive impact on the development of the global rigid plastic packaging market. On the other hand, the rapid growth of urbanization also contributes to the rapid development of the market. In addition, the growth of disposable income will have a positive impact on future market development. Hard plastic has the basic properties such as hardness, resistance and strength, are also increasing the demand for these plastics in the market. Food and beverage industry packaging innovative design will promote the future development of rigid plastic packaging market. High-level rigid plastic packaging competition may be to a certain extent hinder the development of the market. In addition, the increasing use of bisphenol A (BPA) in the manufacture of plastic products has also become a major challenge in the global market for rigid plastic packaging.
The global hard material packaging market can be classified according to paper, glass, metal, plastic and so on. One of the plastic packaging is to maintain the main part of the advantage. The global market is based on end-user applications, including consumer products, food and beverages, personal care, electronics, and pharmaceuticals. The food and beverage industry is the leading end-user application area. In addition, the pharmaceutical end-user applications are the world’s second largest application of rigid plastic packaging market.
In terms of global revenue, the Asia-Pacific region is becoming a dominant region. In addition, China’s demand for hard plastic is growing, the future is expected to be able to promote the development of the market. And, China’s food and beverage industry, the favorable growth in the next few years to expand the market. As a result of financial stability, the European market also showed a significant growth. North America is followed by Europe’s second largest region. At the same time, the rapid development of North America’s industrial network is expected to promote the development of rigid plastic packaging market.