Market Size of Italy Rigid Plastic Packaging Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Market Volume (2024) | 2.16 Million metric tons |
Market Volume (2029) | 2.40 Million metric tons |
CAGR (2024 - 2029) | 2.16 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Italy Rigid Plastic Packaging Market Analysis
The Italy Rigid Plastic Packaging Market size in terms of production volume is expected to grow from 2.16 Million metric tons in 2024 to 2.40 Million metric tons by 2029, at a CAGR of 2.16% during the forecast period (2024-2029).
- The Italian rigid plastic packaging sector encompasses a wide range of products, materials, and end users. This sector includes items such as bottles, containers, and various packaging solutions used across different industries. Products in this sector are primarily made from materials like PET, HDPE, and PP, which are chosen for their durability and recyclability. These materials are important for maintaining the integrity and safety of the packaged goods.
- The end users of rigid plastic packaging in Italy span multiple industries, including food and beverages, pharmaceuticals, personal care, household products, and other industrial sector. Each industry has specific requirements for packaging to ensure product safety and consumer satisfaction.
- Rigid plastic packaging is crucial for preserving the freshness and quality of products in the food and beverage industry. This includes packaging for bottled water, soft drinks, dairy products, and various food items. In July 2024, Versalis, in collaboration with Forever Plast, unveiled REFENCE, a new line of recycled polymers tailored for food contact packaging. The REFENCE range is already being utilized in the market for polystyrene applications such as yogurt pots, meat and fish trays, and various rigid and expanded packaging. The products are set to enhance the Versalis Revive portfolio. This expansion not only redefines the application limits of their mechanically recycled materials but also permits direct contact with food.
- The pharmaceutical industry relies on rigid plastic packaging to protect medicines and medical devices from contamination and damage. Similarly, the personal care and household products industries use this type of packaging to guarantee the effective and safe delivery of their products to consumers. The industrial sector in Italy also utilizes secondary and tertiary rigid plastic packaging products, such as plastic crates and pallets, for efficient storage and transportation.
- Secondary rigid plastic packaging products, like plastic crates, are essential for the safe handling and distribution of goods within warehouses and during transportation. These crates offer durability and reusability, making them cost-effective solutions for businesses. Tertiary rigid plastic packaging products, such as plastic pallets, are crucial for the logistics and supply chain sectors. They provide a stable platform for stacking and transporting large quantities of goods, ensuring they remain intact and undamaged throughout the supply chain process.
- Rigid plastic packaging products offer several advantages, including lightweight properties, resistance to impact, and the ability to be molded into different shapes and sizes. These characteristics make them ideal for protecting and preserving a wide range of products. Additionally, rigid plastic packaging can be designed with features such as tamper-evident seals, child-resistant closures, and ergonomic designs to enhance user convenience and safety. The recyclability of materials like PET, HDPE, and PP also contributes to the sustainability of rigid plastic packaging, aligning with global efforts to reduce environmental impact.
- According to the latest data from the national PRO Conai, Italy is one of the European countries where bottle-to-bottle recycling rates remain below 10%. In April 2024, Buon Rendere reported that Italy, consuming approximately 15 billion liters of bottled water annually, achieved a 67% collection rate for PET drink bottles in 2022.