In terms of revenue, the global rigid packaging market is expected to grow moderately during the forecast period, posting a CAGR of 5.57%. APAC leads the market in terms of revenue growth and sales of rigid packaging products. The growing innovations in the market are encouraging businesses and consumers to look for advanced, valueadded packaging products and solutions.
Bulk containers are standardized containers used in industrial packaging. They are used for the protected storage, transportation, and handling of goods in large quantities from manufacturing centers to distribution centers, where the goods are finally packaged for the customers. The containers are available in a wide variety of types and structural forms and are suitable for numerous applications in the chemicals, pharmaceuticals, and F&B industries. The market is characterized by innovative offerings and customizations aligned with customer specifications.