At Chinaplas, one of the world's largest and most significant trade fairs for plastics and rubbers, in Shenzhen, China, OQ, an integrated energy company from Oman, is proudly showcasing its solid insights and advanced solutions for rigid packaging to help customers across Northeast Asia (NEA) and Southeast Asia (SEA) better capture market demand.

Due to expanding population and growing eco-awareness, the Asia Pacific region dominated the global rigid packaging market in 2022, holding a 39% share of market revenue. Market demand has continued to robustly grow across NEA and SEA countries; in China, the rigid packaging market was valued at USD 16 billion in 2022 and is expected to hit more than USD 56 billion by 2030, representing a 4.7% CAGR from 2023 to 2030. Such strong momentum is enabled by rising concern for food safety and the booming e-commerce sector that drives fast-growing orders for food and beverage delivery. All these factors are translating into surging market demand for rigid packaging that excels in light-weighting, durability, reusability and aesthetics, while packaging manufacturers seek to deliver better production profitability and meet evolving sustainability goals.