Market Size of North America Rigid Plastic Packaging Industry
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Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 56.13 Billion |
Market Size (2029) | USD 59.97 Billion |
CAGR (2024 - 2029) | 1.33 % |
Market Concentration | Low |
Major Players![]() *Disclaimer: Major Players sorted in no particular order |
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North America Rigid Plastic Packaging Market Analysis
The North America Rigid Plastic Packaging Market size is estimated at USD 56.13 billion in 2024, and is expected to reach USD 59.97 billion by 2029, growing at a CAGR of 1.33% during the forecast period (2024-2029).
As the consumption and production of goods in the consumer and industrial sectors continue to grow, the demand for rigid plastic packaging materials that can withstand harsh conditions without compromising the product's quality is increasing.
- The plastic bottle market in the United States is projected to experience a steady increase in demand due to the growing consumption of plastic-based containers and their industrial applications. According to the Plastics Industry Association, the market for plastic bottles in the United States continues to expand.
- According to the LCA (Life Cycle Assessment) presented by the National Association for PET Container Resources, NAPCOR (National Association for the Packaging Industry of the United States, Canada, and Mexico), the negative environmental impact of PET bottles is significantly lower than that of the glass and aluminum containers. PET plastic packaging is used in over 70% of beverage bottles because of its lightweight, transparent, and 100% recyclable properties. PET plastic containers produce less solid waste than glass and aluminum containers, consume less water during manufacturing, and generate fewer emissions associated with acid rain and smog emissions.
- The need to recycle PET into food-grade products, like beverage containers, is a growing concern for many global companies. This can lead to an increase in demand for PET across the region. For example, according to a recent report, Coca-Cola aims to use 50 percent recycled PET in its containers by 2030. Unilever, for example, aims to make 100% of its plastic packaging recyclable or reusable by 2025.
- However, the use of plastic will likely slow down over time as people become more aware of environmental issues. More and more people in the United States and Canada are switching to environmentally friendly packaging materials. Governments in these countries have imposed stringent rules and regulations on plastics and plastic products due to their potentially harmful environmental effects. This has made it a relatively slow-growing industry compared to other materials.
- The Russia-Ukraine conflict has pushed raw plastic materials prices high. The conflict has led to economic sanctions, high commodity prices, energy costs, and supply chain disruption. The competition has affected many markets worldwide, including the North American market. Multiple companies have shut down their business or plants in Russia. Further, the increased oil prices are pushing plastic resin prices higher throughout the world supply chain, with energy prices initially reaching unprecedented levels. Commodities prices in the region have risen due to the conflict, resulting in inflation and hampering the economic recovery in North America.
North America Rigid Plastic Packaging Industry Segmentation
Rigid plastic packaging is defined as a packaging type that features heavier and often stronger materials than flexible plastic packaging. A rigid plastic package, which has been known for its strength, offers structure and support to the product. It is applied in a variety of products, offering advantages like resistance to impact, moisture, and different environmental factors.
The North American Rigid Plastic Packaging Market is segmented by Product (Bottles and Jars, Trays and Containers, Caps and Closures), Material (Polyethylene (PE), Polyethylene Terephthalate (PET), Polypropylene (PP), Polystyrene (PS) and Expanded Polystyrene (EPS), Polyvinyl Chloride (PVC)), End-user Industry (Food and Beverage, Healthcare, Cosmetics and Personal Care, Industrial, Building and Construction, Automotive) and Country (United States, Canada). The market sizes and forecasts are provided in terms of value in USD for all the above segments.
By Product | |
Bottles and Jars | |
Trays and Containers | |
Caps and Closures | |
Other Product Types (Blister and Clamshell Packs and Rigid Plastic Tubes) |
By Material | |
Polyethylene (PE) | |
Polyethylene Terephthalate (PET) | |
Polypropylene (PP) | |
Polystyrene (PS) and Expanded Polystyrene (EPS) | |
Polyvinyl Chloride (PVC) | |
Other Rigid Plastic Packaging Materials |
By End-user Industry | |
Food and Beverage | |
Healthcare | |
Cosmetics and Personal Care | |
Industrial | |
Building and Construction | |
Automotive | |
Other End-user industries (Electrical and Electronics) |
By Country | |
United States | |
Canada |
North America Rigid Plastic Packaging Market Size Summary
The North America rigid plastic packaging market is poised for moderate growth over the forecast period, driven by increasing demand in both consumer and industrial sectors. The market is characterized by the rising consumption of plastic-based containers, particularly in the United States, where the plastic bottle segment is expected to see steady demand. This growth is supported by the advantages of PET plastic packaging, which is widely used due to its lightweight, transparent, and recyclable properties. Despite the environmental concerns associated with plastic use, PET remains a preferred material for beverage containers, offering benefits such as reduced solid waste and lower manufacturing water consumption. However, the market faces challenges from environmental regulations and the shift towards eco-friendly packaging alternatives, which could temper growth.
The market dynamics are further influenced by geopolitical factors, such as the Russia-Ukraine conflict, which has led to increased raw material costs and supply chain disruptions. The demand for rigid plastic packaging is also bolstered by the expanding agricultural exports and the growing e-commerce sector in the United States, which necessitate efficient packaging solutions. The food and beverage industry, particularly the non-alcoholic beverage segment, is a significant contributor to the market, with increasing sales of bottled water and other beverages driving the need for packaging materials. Key players in the market, such as Berry Global Inc. and Amcor Group GmbH, are actively innovating and collaborating to enhance packaging solutions, including the incorporation of recycled materials, to meet evolving consumer and regulatory demands.
North America Rigid Plastic Packaging Market Size - Table of Contents
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1. MARKET INSIGHTS
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1.1 Market Overview
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1.2 Industry Value Chain Analysis
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1.3 Industry Attractiveness - Porter's Five Forces Analysis
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1.3.1 Bargaining Power of Suppliers
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Threat of New Entrants
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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1.4 Technology Snapshot (Trend Analysis of the Plastic Manufacturing Processes)
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2. MARKET SEGMENTATION
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2.1 By Product
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2.1.1 Bottles and Jars
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2.1.2 Trays and Containers
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2.1.3 Caps and Closures
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2.1.4 Other Product Types (Blister and Clamshell Packs and Rigid Plastic Tubes)
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2.2 By Material
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2.2.1 Polyethylene (PE)
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2.2.2 Polyethylene Terephthalate (PET)
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2.2.3 Polypropylene (PP)
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2.2.4 Polystyrene (PS) and Expanded Polystyrene (EPS)
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2.2.5 Polyvinyl Chloride (PVC)
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2.2.6 Other Rigid Plastic Packaging Materials
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2.3 By End-user Industry
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2.3.1 Food and Beverage
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2.3.2 Healthcare
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2.3.3 Cosmetics and Personal Care
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2.3.4 Industrial
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2.3.5 Building and Construction
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2.3.6 Automotive
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2.3.7 Other End-user industries (Electrical and Electronics)
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2.4 By Country
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2.4.1 United States
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2.4.2 Canada
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North America Rigid Plastic Packaging Market Size FAQs
How big is the North America Rigid Plastic Packaging Market?
The North America Rigid Plastic Packaging Market size is expected to reach USD 56.13 billion in 2024 and grow at a CAGR of 1.33% to reach USD 59.97 billion by 2029.
What is the current North America Rigid Plastic Packaging Market size?
In 2024, the North America Rigid Plastic Packaging Market size is expected to reach USD 56.13 billion.