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SEATTLE, April 25, 2019 (GLOBE NEWSWIRE) -- The global rigid plastic packaging market was valued at US$ 179 billion in 2018 and is projected to exhibit a CAGR of 5.9% over the forecast period (2019 – 2027). Key Trends and Analysis of the Rigid Plastic Packaging Market: Growth of various end-use industries such as food & beverage, healthcare, personal care & cosmetics etc. is fuelling growth of the rigid plastic packaging market. For instance, as per Invest India, the Indian food and retail industry is expected to reach US$ 828.92 billion by 2020. Request Sample Pages of this Report @ https://www.coherentmarketinsights.com/insight/request-sample/2581 Rigid plastic is a preferred choice in packaging as it is light weight, durable, and can be molded into different shapes. Furthermore, rigid plastic offers safety and long term storage of products, which is expected to drive growth of the rigid plastic packaging market over the forecast period. Various key players are focused on increasing their consumer base and global footprint by adopting strategies such as mergers and acquisitions. For instance, in August 2018, Amcor Ltd. acquired Bemis Company, Inc. (A U.S. based manufacturer of flexible and rigid plastic packaging). The acquisition will help Amcor expand its product portfolio and increase its presence in the U.S. packaging market. To know the latest trends and insights prevalent in this market, click the link below: https://www.coherentmarketinsights.com/market-insight/rigid-plastic-packaging-market-2581 Key Market Takeaways: About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.Contact Us:Mr. ShahCoherent Market Insights1001 4th Ave. #3200 Seattle, WA 98154Tel: +1-206-701-6702Email: sales@coherentmarketinsights.com
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