The Winning Report [Thermoforming Packaging Market Growth Rate, Demands, Status and Forecast 2026] published by Data Bridge Market research provides the all-inclusive data regarding the market with growth, share, size and recent market trends. Best practice models and research methodologies are utilized in this Thermoforming Packaging market research report to give comprehensive market analysis, accurate market segmentation and insights. Worldwide Thermoforming Packaging Industry 2020 Market Research Report is spread crosswise over 129 pages and gives restrictive essential insights, information, data, patterns and aggressive scene points of interest in this specialty division.
Global thermoforming packaging market is expected to register a substantial CAGR of 6.49% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. This rise in market value can be attributed to the increased rate of consumption of packaged food products due to the changes in lifestyle of consumers preferring better quality of packaging.
Few of the leading organizations’ names are listed here- Amcor plc, Anchor Packaging, Inc., Berry Global Inc., Blisterpak, Inc., Brentwood Industries, Inc., CJK Thermoforming Solutions, CONSTANTIA, D&W Fine Pack, Dart Container Corporation, DISPLAY PACK, Dordan Manufacturing Company, DS Smith, Dupont Teijin Films U.S. Limited Partnership, Fabri-Kal, Genpak, HUHTAMAKI GROUP, Merrill’s Packaging, Pactiv LLC, Placon, Plastique, Printpack, Winpak Ltd., Sabert Corporation, Sealed Air, Sonoco Products Company, EasyPak, UFP Technologies, Inc., Universal Plastics Corporation, G.Mondini, Tekni-Plex, Lacerta Group, Inc., RPC Group Plc, Silgan Holdings Inc. among others.
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Succinct Description of the Market:
Thermoforming packaging is the process of formulation of several packaging products and solutions. This process refers to heating the materials to the point where they can be molded in any particular shape, making it highly cost-effective with capability of producing large-scale volumes efficiently. This method is efficient enough to produce a number of variations of packaging products in large-scale applications.
The Thermoforming Packaging is segmented on the basis of types and breadth of solutions offered by each of them. The first type is by Product Type (Blister Packs, Clamshells, Vacuum & Skin Packs, Containers, Trays & Lids, Cups & Bottles, Others), Material Type (Plastics, Paper & Paperboard, Aluminum), Process Type (Vacuum, Pressure, Mechanical), Heat Seal Coating (Water-Based, Solvent-Based, Hot Melt-Based), Application (Food, Beverages, Pharmaceuticals, Cosmetics & Personal Care, Homecare & Toiletries, Industrial Goods, Electrical & Electronics, Others)
- Increasing need for sustainable methods of packaging especially from the food and pharmaceutical industries, is expected to foster growth of the market value
- Light-weight, cost-effective and less harmful characteristics of packaging products that are designed with the help of this method, is expected to drive the growth of the market
- Low-cost associated with the establishment of machineries of thermoforming packaging, is expected to drive the growth of the market
- Increasing worries regarding the use of plastics and presence of regulations against its usage, is expected to restrain the growth of the market
- Vulnerable nature of raw material pricing, is expected to restrict the growth of the market
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In this study, the years considered to estimate the market size of Thermoforming Packaging are as follows:
History Year: 2014-2018
Base Year: 2019
Estimated Year: 2020
Forecast Year 2020 to 2026
Crucial Market Segment details-:
By Product Type
- Blister Packs
- Vacuum & Skin Packs
- Trays & Lids
- Cups & Bottles
- Windowed Packaging
By Material Type
- Polyethylene Terephthalate (PET)
- Polyvinyl Chloride (PVC)
- Polypropylene (PP)
- Polyethylene (PE)
- Polystyrene (PS)
- Polylactic Acid (PLA)
- Acrylonitrile Butadiene Styrene (ABS)
- Cellulose Acetate
- Paper& Paperboard
By Process Type
By Heat Seal Coating
- Hot Melt-Based
- Bakery & Confectionary
- Meat, Poultry & Seafood
- Snacks & Savoury Items
- Ready-To-Eat Meals (RTE)
- Fresh Produce
- Frozen Foods
- Cosmetics & Personal Care
- Homecare & Toiletries
- Industrial Goods
- Electrical & Electronics
- Automotive & Aerospace
Methodologies utilized to evaluate the market-:
In April 2019, EasyPak announced that they had acquired James L. Villa, Inc. With the help of this acquisition EasyPak will extend their capabilities in custom thermoformed as well as injection molded packaging products. The acquisition also includes a manufacturing facility designed to better serve the customized customer needs especially for the food packaging market. This will help in the expansion of the company in the market.
In February 2016, Sabert Corporation announced that they had agreed to acquire Kalman Packaging Inc. This acquisition is seen as a strategic one keeping in mind the need for thermoformed packaging products from the ever-growing food industry. This will extend the portfolio of Sabert Corporation as they look for opportunities to service their customers efficiently and across large-scale applications.
Research strategies and tools used-:
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Table of Contents
1 Thermoforming Packaging Market Overview
2 Manufacturers Profiles
3 Global Thermoforming Packaging Market Competitions, by Players
3.1 Global Thermoforming Packaging Revenue and Share by Players
3.2 Market Concentration Rate
3.2.1 Top 5 Thermoforming Packaging Players Market Share
3.2.2 Top 10 Thermoforming Packaging Players Market Share
3.3 Market Competition Trend
4 Global Thermoforming Packaging Market Size by Regions
5 North America Thermoforming Packaging Revenue by Countries
6 Europe Thermoforming Packaging Revenue by Countries
7 Asia-Pacific Thermoforming Packaging Revenue by Countries
8 South America Thermoforming Packaging Revenue by Countries
9 Middle East and Africa Revenue Thermoforming Packaging by Countries
10 Global Thermoforming Packaging Market Segment by Type
11 Global Thermoforming Packaging Market Segment by Application
12 Global Thermoforming Packaging Market Size Forecast (2019-2026)
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