- February 18, 2020
- Category: Chemicals and Material, Packaging
Global Thermoforming Packaging Market Size study, By Material (PET, PVC, PS, PP, PE, and Others), By Product (Blister Packaging, Clamshell Packaging, Skin Packaging, Trays & Lids, Containers, Others), End-Use (Food & Beverage, Personal Care & Cosmetics, Pharmaceuticals, Electronics, Homecare, Others), and Regional Forecasts 2020-2027
Chapter 1. Executive Summary 1.1. Market Snapshot 1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion) 1.2.1. Thermoforming Packaging Market, by Region, 2018-2027 (USD Billion) 1.2.2. Thermoforming Packaging Market, by Material, 2018-2027 (USD Billion) 1.2.3. Thermoforming Packaging Market, by Product, 2018-2027 (USD Billion) 1.2.4. Thermoforming Packaging Market, by End-Use, 2018-2027 (USD Billion) 1.3. Key Trends 1.4. Estimation Methodology 1.5. Research Assumption Chapter 2. Global Thermoforming Packaging Market Definition & Scope 2.1. Objective of the Study 2.2. Market Definition & Scope 2.2.1. Scope of the Study 2.2.2. Industry Evolution 2.3. Years Considered for the Study 2.4. Currency Conversion Rates Chapter 3. Global Thermoforming Packaging Market Dynamics 3.1. Thermoforming Packaging Market Impact Analysis (2018-2027) 3.1.1. Market Drivers 3.1.2. Market Challenges 3.1.3. Market Opportunities Chapter 4. Global Thermoforming Packaging Market: Industry Analysis 4.1. Porter’s 5 Force Model 4.1.1. Bargaining Power of Suppliers 4.1.2. Bargaining Power of Buyers 4.1.3. Threat of New Entrants 4.1.4. Threat of Substitutes 4.1.5. Competitive Rivalry 4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027) 4.2. PEST Analysis 4.2.1. Political 4.2.2. Economical 4.2.3. Social 4.2.4. Technological 4.3. Investment Adoption Model 4.4. Analyst Recommendation & Conclusion Chapter 5. Global Thermoforming Packaging Market, by Material 5.1. Market Snapshot 5.2. Global Thermoforming Packaging Market by Material, Performance - Potential Analysis 5.3. Global Thermoforming Packaging Market Estimates & Forecasts by Material, 2017-2027 (USD Billion) 5.4. Thermoforming Packaging Market, Sub Segment Analysis 5.4.1. PET (Polyethylene Terephthalate) 5.4.2. PVC (Poly Vinyl Chloride) 5.4.3. PS (Polystyrene) 5.4.4. PP (Polypropylene) 5.4.5. PE (Polyethylene) 5.4.6. Others Chapter 6. Global Thermoforming Packaging Market, by Product 6.1. Market Snapshot 6.2. Global Thermoforming Packaging Market by Product, Performance - Potential Analysis 6.3. Global Thermoforming Packaging Market Estimates & Forecasts by Product, 2017-2027 (USD Billion) 6.4. Thermoforming Packaging Market, Sub Segment Analysis 6.4.1. Blister Packaging 6.4.2. Clamshell Packaging 6.4.3. Skin Packaging 6.4.4. Trays & Lids 6.4.5. Containers 6.4.6. Others Chapter 7. Global Thermoforming Packaging Market, by End-Use 7.1. Market Snapshot 7.2. Global Thermoforming Packaging Market by End-Use, Performance - Potential Analysis 7.3. Global Thermoforming Packaging Market Estimates & Forecasts by End-Use 2017-2027 (USD Billion) 7.4. Thermoforming Packaging Market, Sub Segment Analysis 7.4.1. Food & Beverage 7.4.2. Personal Care & Cosmetics 7.4.3. Pharmaceuticals 7.4.4. Electronics 7.4.5. Homecare 7.4.6. Others Chapter 8. Global Thermoforming Packaging Market, Regional Analysis 8.1. Thermoforming Packaging Market, Regional Market Snapshot 8.2. North America Thermoforming Packaging Market 8.2.1. U.S. Thermoforming Packaging Market 184.108.40.206. Material breakdown estimates & forecasts, 2017-2027 220.127.116.11. Product breakdown estimates & forecasts, 2017-2027 18.104.22.168. End-Use breakdown estimates & forecasts, 2017-2027 8.2.2. Canada Thermoforming Packaging Market 8.3. Europe Thermoforming Packaging Market Snapshot 8.3.1. U.K. Thermoforming Packaging Market 8.3.2. Germany Thermoforming Packaging Market 8.3.3. France Thermoforming Packaging Market 8.3.4. Spain Thermoforming Packaging Market 8.3.5. Italy Thermoforming Packaging Market 8.3.6. Rest of Europe Thermoforming Packaging Market 8.4. Asia-Pacific Thermoforming Packaging Market Snapshot 8.4.1. China Thermoforming Packaging Market 8.4.2. India Thermoforming Packaging Market 8.4.3. Japan Thermoforming Packaging Market 8.4.4. Australia Thermoforming Packaging Market 8.4.5. South Korea Thermoforming Packaging Market 8.4.6. Rest of Asia Pacific Thermoforming Packaging Market 8.5. Latin America Thermoforming Packaging Market Snapshot 8.5.1. Brazil Thermoforming Packaging Market 8.5.2. Mexico Thermoforming Packaging Market 8.6. Rest of The World Thermoforming Packaging Market Chapter 9. Competitive Intelligence 9.1. Top Market Strategies 9.2. Company Profiles 9.2.1. Huhtamaki Group 22.214.171.124. Key Information 126.96.36.199. Overview 188.8.131.52. Financial (Subject to Data Availability) 184.108.40.206. Industry Summary 220.127.116.11. Recent Developments 9.2.2. Lacerta Group, Inc. 9.2.3. DS Smith 9.2.4. Amcor Limited 9.2.5. Sonoco Products Company 9.2.6. Placon Corporation 9.2.7. Display Pack Inc. 9.2.8. WestRock Company 9.2.9. Pactiv LLC 9.2.10. Dart Container Corporation 9.2.11. Constantia Flexibles GmbH 9.2.12. Tray-Pak Corporation Chapter 10. Research Process 10.1. Research Process 10.1.1. Data Mining 10.1.2. Analysis 10.1.3. Market Estimation 10.1.4. Validation 10.1.5. Publishing 10.2. Research Attributes 10.3. Research Assumption
Global Thermoforming Packaging Market is valued approximately at USD 41.83 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 4.9% over the forecast period 2020-2027. Thermoforming is a plastic molding process in which plastic material is heated to its pliable temperature and, by using molding, is shaped into the desired shape. The thermoforming process is divided into two groups, thin gage and thick thermoforming gauge. Thin gauges thermoform products such as blisters, clamshells, trays & lids, and others are commonly used for packaging various food items, electronics, pharmaceuticals, and home care. The emerging food industry and sustainable packaging requirement are expected to be the key drivers for the growth of the global market for thermoforming packaging. Asia Pacific is expected to be a lucrative marketplace when it comes to demand for thermoforming packaging. In terms of the availability of cost-effective and high-quality thermoforming packaging products, the introduction of new players into the production stream is becoming advantageous for end-users. Moreover, Thermoforming technology has been developed to allow custom packaging solutions that attract customers and increase the purchasing chances at the point of sale. New packaging items can be prototyped in only a short time. Furthermore, strong demand for lightweight packaging items drive the growth of the global market for thermoform packaging significantly. A variety of manufacturers have begun using lightweight packaging materials to resolve cost-related issues around the supply chain. In addition, manufacturers are inclined towards biodegradable, bio-derived, and recyclable polymers as alternatives to conventional polymers based on petroleum. For instance, in October 2019, GEA has launched a sustainable solution, FoodTray, incorporating the benefits of thermoforming technology, carton and video, to produce reusable packaging that can minimize food waste. The main driving factor for the market is expected to be the growing trend towards consumption of on-the-go, single-serve, ready to eat food items. The increasing demand of thermoformed items such as clamshells, trays, and containers from food service operators is expected to further fuel market growth. Stringent plastics regulations, however, could impede market growth over the forecast period.
The regional analysis of global Thermoforming Packaging Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific region is expected to rise significantly owing to the rapid urbanization and promising growth of the retail sector in India and China are projected to fuel demand for thermoforming packaging goods. Rapid growth of food distribution systems and outlets in developing Asia Pacific countries is projected to fuel demand for thermoform packaging trays and lids. The development of cost-effective thermoforming machines and low set-up costs are projected to increase suppliers of thermoforming packaging items in the Asia Pacific region.
Major market player included in this report are:
Lacerta Group, Inc.
Sonoco Products Company
Display Pack Inc.
Dart Container Corporation
Constantia Flexibles GmbH
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Trays & Lids
Food & Beverage
Personal Care & Cosmetics
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global Thermoforming Packaging Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers