Global Thermoform Packaging Market, by Material (Paper & Paperboard, Plastics, Aluminum and Others),

Published Date: | Report Code : PK192573

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The Thermoform Packaging  Market is projected to register high demand during the forecast period with increasing demand from major end-use industries such as Food & Agriculture, Pharmaceuticals, Electronics, Home & Personal Care and Others during the forecast period. 

Thermoform packaging is a packaging process in which plastic sheets are heated to the desired temperature to form a specific shape in a mold and subsequently trimmed for packaging activities. Thermoform packaging has been widely used as a part of protective packaging during material handling activities. With material handling and logistics being a key constituent of the packaging industry, thermoform packaging plays a key role in the material handling activities across various industries.

Segment Analysis:

Major materials used in thermoform packaging include paper & paperboard, plastics, aluminum, and others. Plastics have been largely used in thermoform packaging as they are lightweight and are more effective in external conditions.

Major plastics used in thermoform packaging include ABS (acrylonitrile butadiene styrene), HIPS, PVC, PETG, and others. However, with increasing regulations on the use of plastic materials, other materials have been increasingly preferred. Major plastic types include blister packaging, skin packaging, clamshell packaging, and others.

These packaging by heat seal coatings can be segmented by solvent-based, water-based, hot-melt based. The market for thermoform packaging is expected to show high growth owing to increasing demand from end-use industries. Major end-use industries for thermoform packaging include food & agriculture, pharmaceuticals, electronics, home & personal care, and others.

The thermoform packaging market by region is segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and Rest of the World.

Some of the key Impact Factors:

  • Shorter product life-cycle resulting in increasing demand
  • Increasing regulations on the use of plastic materials

Regional Analysis:

The thermoform packaging market by region has been segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and Rest of the World. North America, Western Europe, and Asia Pacific are estimated to be major regions for the thermoform packaging market during the forecast period. The high growth of supply chain activities to cater various industries and development of packaging solutions is key to the growth of the thermoform packaging market in this region. In addition to this development of cold chain systems to cater perishable goods and government regulations on packaging waste disposal is also governing the demand for the thermoform packaging market in this region. Major industries in these regions are estimated to be food & agriculture, pharmaceuticals, electronics, home & personal care and others. The Asia Pacific amongst this with increasing trade activities and industrial growth is estimated to be one of the fastest-growing markets during the forecast period. Middle East region promises a strong market potential during the forecast period. The diversification of economic activities leading to industrial growth is key to the demand for the thermoform packaging market in this region. South America and Africa are emerging regions in terms of market demand during the forecast period.

Companies Covered: Westrock Company, Anchor Packaging, Amcor Limited, Bemis Company, Inc., DS Smith PLC, Sonoco Products Company….

Market Segmentation:

By Material:

  • Paper & Paperboard
  • Plastics
  • Aluminum
  • Others

By Packaging Type:

  • Blister Packaging
  • Skin Packaging
  • Clamshell Packaging
  • Others

By Hot Seal Coating:

  • Solvent Based
  • Water-Based
  • Hot Melt-Based

By End-Use Industry:

  • Food & Agriculture
  • Pharmaceuticals
  • Electronics
  • Home & Personal Care
  • Others

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Material
    • By Packaging Type
    • By Hot Seal Coating
    • By End-Use Industry
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Material
    • By Packaging Type
    • By Hot Seal Coating
    • By End-Use Industry
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Material
    • By Packaging Type
    • By Hot Seal Coating
    • By End-Use Industry
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Material
    • By Packaging Type
    • By Hot Seal Coating
    • By End-Use Industry
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Material
    • By Packaging Type
    • By Hot Seal Coating
    • By End-Use Industry
  • Rest of the World
    • By Region (South America, Africa)
    • By Material
    • By Packaging Type
    • By Hot Seal Coating
    • By End-Use Industry

Reasons to buy this report:

  • Market size estimation of thermoform packaging market on a regional and global basis
  • The unique research design for market size estimation and forecasts
  • Profiling of the major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet the specific requirements:

  • By segment
  • By sub-segment
  • By region/ country

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