Press release
7% CAGR of Thermoform Packaging Market Industry Analysis, Segments, Major Geographies and Current Market Forecasts 2023
Market Highlights
The increasing demand from food & beverage and pharmaceuticals industries globally drives the market. The large consumer base, increasing manufacturing activities, cost-effective, environment friendly and increase in spending by consumers for packaged food. PET leads the market, majorly due to replacing polystyrene resin. Europe is the largest market. The global thermoform packaging market size was valued at around USD 32 Billion in 2015 and is expected to grow at CAGR of 7% by 2022.
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Market Research Analysis
The market is highly application based. The factors contributing to the growth of the global thermoform packaging market is the increasing demand for convenient packaging, growth in food & beverage industry and cost-effective. The market is expected to have higher growth rate as compared to the previous years. Europe is the largest region for the thermoform packaging market, followed by Asia-Pacific and North-America. The main reason for the growth in the region includes the rapid growth of industries such as food & beverage and pharmaceuticals in Germany.
Taste the market data and market information presented through more than 85 market data tables and figures spread in 130 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Thermoform Packaging Market Information from 2014 to 2022"
Key Players
The key players of global thermoform packaging market report include Bemis Company, Inc., Sonoco Products Company, E.I. du Pont de Nemours and Company, Amcor Limited, DS Smith Plc., WestRock Company, Display Pack Inc, Tray Pack Corporation, Lacerta Group Inc and Sealed Air
Scope of the Report
This study provides an overview of the global thermoform packaging market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific, and Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global thermoform packaging market as material, type and application.
By Material -
Plastic -PET,PP,PVC and Others
Paper
Aluminum
Others
By Type -
Blister Packaging
Skin Packaging
Clamshell Packaging
Others
By Application -
Food & beverage
Pharmaceutical
ElectronicsPersonal care
Others
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Product Analysis
• Product matrix which gives a detailed comparison of the market for different recycled product types
Additional Information
• Regulatory Landscape
• Pricing Analysis
• Macroeconomic Indicators
Geographic Analysis
• Geographical analysis across 15 countries
Company Information
• Profiling of 10 key market players
• In-depth analysis including SWOT analysis, and strategy information of related to report title
• Competitive landscape including emerging trends adopted by major companies
Brief TOC :
1. Executive Summary
2. Research Methodology
3. Market Dynamics
4. Global Market, By Packaging Type
5. Global Market, By Technology
6. Global Market, By Application
7. Global Market, By End-user
8. Regional Market Analysis
9. Competitive Analysis
10. Conclusion
11. List Of Tables
12. List Of Figures
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