Global Clamshell Packaging Market: In-depth Forecast Study Highlights Growth in CAGR% and Revenue (US$Mn) till 2028 || Key Players - Amcor Limited, Smurfit Kappa Group Plc., Universal Plastics Corporation, Westrock Company, Parksons Packaging Ltd, VisiPak

The expanding database of Market Research Reports Search Engine (MRRSE) has been recently updated by the addition of a new study which is titled as “Global Clamshell Packaging Market: In-depth Forecast Study Highlights Growth in CAGR% and Revenue (US$Mn) till 2028”. The fact-based research report on the global Clamshell Packaging market covers various aspects such as trends, drivers, challenges and opportunities that have an influence on the growth and expansion of the global market. All these factors are analyzed across key regions of Latin America, North America, Europe, Middle and Africa (MEA) and the Asia Pacific. In order to provide an accurate forecast, analysts have presented the current market, which forms the basis of how the metal caps and closures market is expected to develop in the future.

The global market for clamshell packaging was valued at US$ 7933.2 million in 2017. The market is forecast to expand at a CAGR of 4.3% during the forecast period, 2018-2028.

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Clamshells are similar to blister packs. The difference being that clamshell have hinges which allow two halves structures to come together in clamshell form. The clamshells can be made from material such as plastics or paper/paperboard. The clamshell packaging is very common form of packaging for industries such as food, electrical & electronics, cosmetics & personal care, household goods, gifts, toys & stationery, pharmaceuticals, etc. The clamshell packaging is a very secure form of packaging and helps to protect the products from any type of contamination. Also it is very cost effective and easy to manufacture, hence many consumer goods manufacturers are preferring this type of packaging for their products.

Food end use segment of the global clamshell packaging market was valued at US$ 4967.8 million in 2017 and is expected to expand at a CAGR of 4.4% over the forecast period 2018-2028.

On the basis of product type, mock clamshell segment is expected to create incremental $ opportunity of US$ 1802 Mn, during the forecast period. The 2-piece clamshell segment is valued at US$ 4390.6 Mn in 2017 and is expected to reach US$ 6775.8 Mn, by the end of the forecast period. On the basis of material type, paper/paperboard segment is anticipated to register a CAGR of 4.5%, during the forecast period.

Globalization has changed the way goods are traded. Packaging designs must ensure the integrity and safety of the product during transit. Products such as food, pharmaceuticals, electricals & electronics, cosmetics & personal care require efficient packaging solutions such as clamshell packaging. Clamshell packaging ensures quality of the product throughout the supply chain, and increases confidence of the manufacturer.

One potential restraint to the growth of the clamshell packaging market is the use of plastic materials such as PET, PVC, PE, etc., which are considered harmful for the environment. PET should be replaced with RPET to reduce waste and cost, while PVC is still difficult to break down.

On the basis of end use, the global market for clamshell packaging market is segmented into food, electrical & electronics, cosmetics & personal care, household goods, gifts, toys & stationery, pharmaceuticals, etc. The food and pharmaceuticals segment is expected to create total incremental $ opportunity of US$ 3430.0 Mn, during the end of the forecast period. The cosmetics & personal care segment is expected to create incremental $ opportunity of US$ 158 Mn, during the forecast period and is anticipated to register a CAGR of 3.6% during the forecast period.

Key players operating in the global market for clamshell packaging include Amcor Limited, Smurfit Kappa Group Plc., Universal Plastics Corporation, Westrock Company, Parksons Packaging Ltd, VisiPak Inc., Prime Packaging LLC, Placon Corporation Inc., Dordan Manufacturing Company, and Sonoco Products Company among others.

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