Rigid Plastics Packaging, Bottles/Jars
The rigid plastic market, as defined by this report as beverage bottles and food bottles/jars, has experienced positive growth between 2007 and 2012, indicating that despite the economically challenging past five years, rigid plastic packaging in this category has continued to hold its ground.
Looking ahead, each category is expected to continue experiencing growth through 2017. In light of the global economic uncertainty this demonstrates that rigid plastic packaging remains a growth market, even in the face of economic downturn.
However, that growth depends upon the sectors ability to remain competitive, particularly in the face of emerging alternative packaging forms, which may prove more economical, and are beginning to pose serious competition against rigid plastics. Several other factors such as consumer preferences, external influences, regulations and technology will also determine rigid plastics’ ability to maintain growth, as will costs, which are impacted significantly by raw materials.....