The market is projected to reach US$ 300 billion by the end of 2027, at a CAGR of 5.9% over the forecast period. This growth is attributed to growing end-use industries such as food & beverage, healthcare, personal care & cosmetics, and others. Rigid plastic packaging products offer various advantages such as durability, cost effectiveness, recycling properties, and can be molded into different shapes. These factors are expected to drive growth of the rigid plastic packaging market over the forecast period.
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