Rigid Bulk Packaging Market
Summary
The crippling effect of the global COVID-19 pandemic has detained the growth potential of the Rigid Bulk
Packaging Market. This MRFR report on the Rigid Bulk Packaging Market indicates critical pointers that
may emerge as growth hubs in the future. Moreover, in-depth data analysis is estimated to offer a
clearer growth perspective to market participants.
Overview
The alteration in consumer demands is expected to bolster the Rigid Bulk Packaging Market for cosmetics industry
2020. The packaging & transport industry reports are produced by Market Research Future, which highlights market
options for expansion. A revenue level of USD 12,060.0 Million is forecasted by 2025, with a CAGR of 7.15% in the
forecast period.
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Key Players
The notable companies in the global Rigid Bulk Packaging Market for cosmetics industry are BWAY Corporation
(Georgia), Berry Global Inc. (US), Schoeller Allibert (Netherlands), Georgia-Pacific (US), Greif (US), REMCON Plastics Inc.
(US), Menasha Corporation (US), Rehrig Pacific Company (US), and Westrock Company (US) to name a few.
Segmental Analysis
The segmental study of the Rigid Bulk Packaging Market for cosmetics industry has been segmented on the basis of
material, region, and product. Based on the product, the Rigid Bulk Packaging Market for cosmetics industry has been
segmented into material handling containers, drums, pails, bulk boxes, shipping sacks, and others. The pails segment is
anticipated to capture the prime market share owing to their performance and expenditure advantages in small volume
applications. Based on the material, the Rigid Bulk Packaging Market for cosmetics industry has been segmented into
metal, paper & paperboard, plastic, and others. The plastic segment controls the market owing to the range of benefits
linked with the material over steel drums in terms of cost, mass, and corrosion resistance. By regions, the Rigid Bulk
Packaging Market for cosmetics industry has been segmented into North America, Europe, Asia-Pacific (APAC), and the
rest of the regions.
Detailed Regional Analysis
The regional investigation of the Rigid Bulk Packaging Market for cosmetics industry includes regions such as North
America, Europe, Asia-Pacific (APAC), and the rest of the regions. The Asia-Pacific region held the biggest market
segment in the Rigid Bulk Packaging Market for the cosmetics industry, trailed by the European and North American
region in the year 2018. The factors that are motivating Rigid Bulk Packaging Market for the cosmetics industry in the
Asia-Pacific region is the mounting product lines for cosmetic products based on the product economy and e-retailing.
The amplification in the disposable income of customers and expansion in the number of manufacturing amenities for
cosmetics in the region is additionally encouraging the market for bulk packaging for the cosmetics industry. COVID-19
Impact
Competitive Analysis
The competitors present in the market are recalibrating their market share to open up new areas of development in
the market. The prospects for growth in the market have to be carefully sought out and examined to ensure that they
will ensure the favorable development of the market in the coming period. The stress on enhancing the production
potential and upgradation of the workforce are the top priorities to reinvigorate the development potential of the
market in the coming period. The establishment of robust distribution channels is estimated to define the development
of the market in the future. The investment in robotic elements in the supply chain is estimated to be seen in the future
to reduce the impact of the human capital on the long term market expansion. The state of the market is extremely
indecisive due to the effect of the macro factors operating in the global economy. The road to the resurgence of the
market is estimated to be extended and arduous due to the degree of the setbacks it has suffered.
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market-3683
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