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Thermoforming Packaging - Global Market Outlook (2017-2026)

Thermoforming Packaging - Global Market Outlook (2017-2026)

4.1 (27 reviews)
Published: June 2019 ID: SMRC18369
4.1 (27 reviews)
Published: June 2019 ID: SMRC18369

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Thermoforming Packaging Market is accounted for $32.56 billion in 2017 and is expected to reach $62.78 billion by 2026 growing at a CAGR of 7.6% during the forecast period. Growing demand for seafood, meat and poultry industry, increases the shelf life of the product, increased consumption of processed and packed foods & beverages and growing demand from the pharmaceuticals industry are some of the factors fuelling the market growth. However, governmental regulations on plastics such as PVC are hampering the market growth.

Thermoforming is a manufacturing process where thermoplastic sheets are heated to a temperature where it can be easily bent to form the desired product. This type of packaging is largely used for food packing to maintain its freshness and increase the shelf life of the product.

Among heat seal coating, the solvent-based heat seal coating segment has significant growth during the forecast period, due to its numerous benefits such as resistance to water and grease and strong bond strength that can be processed at different temperatures.

By Geography, Europe is expected to grow at the considerable market share during the forecast period. This is mainly due to developed economies in Germany and the U.K., coupled with growing applications of thermoform packaging in the food & beverage and pharmaceutical industries.

Some of the key players profiled in the thermoforming packaging market include DS Smith PLC, Berry Global Inc., Bemis Company, Inc., E.I. Du Pont Nemours and Company, Amcor Limited, Winpak Ltd., Westrock Company, Sonoco Products Company, Agoform GmbH, Anchor Packaging, Placon Corporation, Display Pack Inc., Blisterpak, Inc., Genpak LLC and Constantia Flexibles Group GmbH.

Materials Covered:
• Aluminum
• Wood
• Paper & Paperboard
• Plastics
• Plaster of Paris
• Other Materials

Types Covered:
• Clamshell Packaging
• Blister Packaging
• Containers
• Skin Packaging
• Other Types

Heat Seal Coatings Covered:
• Water-Based
• Hot Melt-Based
• Solvent-Based

Process Types Covered:
• Vacuum Forming
• Pressure Forming
• Plug Assist Forming
• Drape Forming
• Twin Sheet Forming
• Mechanical Process
• Cavity Forming

End-User Industries Covered:
• Homecare & Toiletries
• Consumer Goods
• Food & Beverage
• Pharmaceuticals
• Personal Care & Cosmetics
• Electrical & Electronics
• Other End-User Industries

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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