Global
Thermoform Packaging Market is valued approximately USD 38 billion
in 2018 and is anticipated to grow with a healthy growth rate of more than
5.61% over the forecast period 2019-2026. Thermoform packages are light,
odor-free, flexible, and moisture-free, and are thus preferred over wood and
glass. The growing pharmaceuticals industry and increasing demand for packed
products represent high growth to thermoform packaging market. Due to
increasing demand from fresh food and beverages, growing minimal packaging
waste, growing demand for home & personal care goods and growing retail
industry, would create a lucrative growth for thermoform packaging market in
upcoming years. Also, a large number of online food delivery apps have emerged
in the last few years, which enhances the market growth. The adoption of
changes in lifestyle and improvement in standard of living are also expected to
boost demand for thermoform packaging during the forecast period. Furthermore,
emerging trends such as advancements in thermoform manufacturing technology
shift toward lightweight packaging, and rise in use of polylactic acid (PLA)
films in thermoforming are expected to increase high demand for the global
thermoform packaging market over the forecasted period of 2019-2026.
The regional analysis of global
Thermoform Packaging market is considered for the key regions such as Asia
Pacific, North America, Europe, Latin America and Rest of the World. North
America is the leading/significant region across the world in terms of market
share owing to the growing adoption of light weighted thermoform packaging.
Factors such arising disposable income, rising demand for food & beverages
Packaging, consumer awareness towards health would create lucrative growth
prospects for the Thermoform Packaging market across North American region.
Major market player included in
this report are:
Amcor Limited
Bemis Company, Inc.
Westrock Company
DS Smith PLC
Sonoco Products Company
E.I. Du Pont Nemours and Company
Constantia Flexibles GmbH
Display Pack Inc.
Anchor Packaging
Tekni-Plex, Inc.
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:
By Heat Seal Coating:
Water-based
Solvent-Based
Hot-Melt-Based
By Type:
Thermoformed Calmshell Packaging
Thermoformed Blister Packaging
Thermoformed Skin Packaging
Thermoformed Other Packaging
By End-Use Industry:
Food & Beverage
Electronics
Home & Personal Care Goods
Pharmaceutical
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for
the study are as follows:
Historical year-2016, 2017
Base year-2018
Forecast period-2019 to 2026
Target Audience of the Global Thermoform Packaging Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
For
More Information On The Research Report, Refer To Below Link:-
Contact Us:-
Ken Research
Ankur Gupta,
Head Marketing & Communications
+91-9015378249
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