Rigid Food Packaging Sales to Surpass US$ 317.7 Billion in 2033Rigid Food Packaging Sales to Surpass US$ 317.7 Billion in 2033

Escalating Environmental Distress & Usage of Eco-friendly Material Prospering Growth Opportunity for Rigid Food Packaging Market

In the past few years, concerns over the environmental impact of materials used in food packaging industry have been significantly heightened in the global market. Numerous countries are implementing rules and regulations regarding non-degradable materials used on food packaging, causing increased pollution levels.

Necessary actions are being taken by governments to reduce pollution caused by non-decomposable materials such as plastic films and pouches. Few of the manufacturing companies and brands are working towards this initiative. These concerns can be addressed by the application of rigid containers made from bagasse, which is an eco-friendly and renewable resource made from plant fiber.

Plates, cups, takeaway containers, bowls, and other containers can be manufactured from plant fiber. Numerous food businesses are looking forward to using these sustainable rigid food packaging containers, especially driven by high demand for eco-friendly solutions.

Ability of containers made from bio-waste to decompose and biodegrade is expected to fuel the rigid food packaging market. Grease-resistant, water-resistant, temperature- resistant, high strength, and insulating properties of rigid food packaging containers made from plant-based materials are expected to drive the global rigid food packaging market.

Competition Landscape: Rigid Food Packaging Market