Thin Wall Packaging Market 2019 Global Leaders Analysis Amcor Limited , Reynolds Group Holdings, Berry, RPC Group, Silgan Holdings, Mold-Tek Packaging, Double H Plastics, Ilip SRL, Greiner Packaging GmbH, and Groupe Guillin

Market Scenario:

The global thin wall packaging market was valued at USD 41,045.2 million in 2017 and is anticipated to garner USD 52,323.6 million by the end of 2023, according to Market Research Future (MRFR). The worldwide market is likely to demonstrate 4.10% CAGR during the forecast period (2017-2023).

Thin wall packaging is referred to as a type of packaging solution which is helpful in protecting products and goods from contamination and physical damage during transportation. Packaging plays an integral part in the growth of any product-based business. With the rising demand for pre-packaged food, the market for thin-wall packaging is presumed to propel across the globe. Thin wall plastic packaging, for instance, cups, tubs, clamshells, trays, and plastic jars offer convenience and product protection, a means of supplying consumer appeal, which reducing carbon footprints versus traditional materials such as metal or glass.

Get Sample Report @ https://www.marketresearchfuture.com/sample_request/6735

With the rising demand from the food and beverage industry, changing lifestyle, growing urban population, and increasing disposable income, the global market for thin-wall packaging is set to flourish. The demand for packaged food has augmented among consumers, especially among the working population in recent years. The rising preference for light-weight, customer-friendly, and cost-effective packaging has further propelled the market growth.

Meanwhile, strict mandates imposed on food packaging and its raw materials are some of the major concerns presumed to retard the market growth during the assessment period. Moreover, strict environmental regulations by the government are considered to impede the market growth in the coming years.

Thin Wall Packaging Market Key Players are:

The key players of the global thin wall packaging market comprise Amcor Limited (Australia), Reynolds Group Holdings (Auckland), Berry Global Inc. (The U.S.), RPC Group PLC (U.K.), Silgan Holdings (The U.S.), Mold-Tek Packaging (India), Double H Plastics (The U.S.), Ilip SRL (Italy), Greiner Packaging International GmbH (Austria), and Groupe Guillin (France).

Regional Analysis:

The global thin wall packaging market span across four major regions namely - North America, Europe, Asia Pacific, and Rest-of-the-World.

Asia Pacific is considered to lead the global market and is estimated to grow at the fastest rate. The growth is attributed to the rapid industrialization, increasing middle-class income, and penetration of the e-commerce industry in this region. Also, the growing demand for ready-to-make products especially among the working population is presumed to drive the market in this region. The demand for sustainable packaged solutions from the food and beverage industry is further expected to augment the market growth. Europe, on the other hand, is likely to project substantial demand due to economic development, expansion of foodservice packaging industry, and growing consumption for packaged food products.

Segmentation Analysis:

The global thin wall packaging market has been segmented on the basis of product type, material, production process, application, and region.

Based on product type, the global thin wall packaging market has been segmented into tubs, cups, trays, jars, clamshells, pots, and lids. Among these, the tubs segment leads the global market and is anticipated to exhibit the fastest growth rate.

Based on material, the global thin wall packaging market has been segmented into polypropylene (PP), high-density polyethylene (HDPE), polyethylene terephthalate (PET), polystyrene (PS), polyvinyl chloride (PVC), and others. Among these, the polypropylene (PP) leads the global market and is considered to exhibit the fastest growth rate during the review period.

Based on the production process, the global thin wall packaging market has been segmented into injection molding, thermoforming, and others. Among these, the injection molding leads the global market and is considered to exhibit the fastest growth rate.

Based on application, the global thin wall packaging market has been segmented into food & beverages, electronics, cosmetics, and others. Among these, the food & beverages application leads the global market and is considered to exhibit the fastest growth rate.

Research Methodology:

Data analysts at MRFR ensure an objective analysis of the market while preparing market research reports by following set of standards which allow a comprehensive view of the market and its several components. Several factors comprising economic growth, government expenditure, supply channels and distribution channels have been scrutinized to relay precise information. In addition, market-size estimation and validation use top-down and bottom-up approaches in order to obtain data from the demand and supply side. Analysis of data has been performed by using research framework suited to the specific industry. The frameworks are developed by the MRFR team which serves as a research standard that provides tools to create reliable market reports.

Browse Full Report @ https://www.marketresearchfuture.com/reports/thin-wall-packaging-market-6735

Table Of Contents

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat Of New Entrants

3.1.2 Bargaining Power Of Buyers

3.1.3 Threat Of Substitutes

3.1.4 Segment Rivalry

3.1.5 Bargaining Power Of Buyers

3.2 Value Chain/Supply Chain Analysis

.....Continued

About Market Research Future

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact

Market Research Future

+1 646 845 9312

Email: sales@marketresearchfuture.com

magarpatta

This release was published on openPR.