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Rigid Packaging Market to Surpass USD 292.24 Billion by 2030 Driven by Increasing Demand for Consumer Goods and Advancements in Material Technology | Research by SNS Insider [Yahoo! Financ...

Myers Industries, Inc. (MYE) 
Last myers industries, inc. earnings: 3/3 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Pune, Jan. 15, 2024 (GLOBE NEWSWIRE) -- The SNS Insider report indicates that the Rigid Packaging Market was valued at USD 205.50 billion in 2022 and is projected to reach USD 292.24 billion by 2030, with a CAGR of 4.5% during the forecast period from 2023 to 2030. Market Overview Rigid packaging is designed to maintain its shape, offering a protective barrier against environmental factors such as moisture, light, and physical impact. This packaging type is widely utilized across various industries, including food and beverages, pharmaceuticals, personal care, and electronics. The choice of rigid packaging is driven by its ability to enhance shelf life, reduce the risk of damage during transportation, and enhance the overall visual appeal of products. Market Analysis The global demand for consumer goods continues to rise, propelling the need for reliable and durable packaging solutions. Rigid packaging addresses this demand by ensuring the safe transportation and storage of a Show less Read more
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