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Global Thermoform Packaging Market by Type (Blister packaging, Clamshell packaging, Skin packaging, Others), by Material (Plastic, Aluminum, Paper & paperboard), by End Use Industry (Food & beverage, Electronics, Pharmaceutical, Home & Personal care goods

12-11-2020 04:06 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: i2i Research LLP

Global Thermoform Packaging Market by Type (Blister packaging,

The Thermoform Packaging Market was valued at US$ 40131.42 million in 2019 and is projected to reach US$ 58794.62 million by 2025, at a CAGR of 5.6 % during the forecast period. In this study, 2019 has been considered as the base and 2020 to 2025 as the forecast period to estimate the market size for Thermoform Packaging Market.
The growing demand of ready-to-eat food, and on-the-go consumption are expected to boost the market growth during the forecast years. Increasing demand for trays, containers and clamshells by foodservice operators is projected to spur the market growth. Introduction of advanced packaging technologies such as modified atmosphere technologies, which helps in extending the packaged food’s shelf life is anticipated to spur the market growth.
Based on the material, PET held the largest share in the thermoform packaging market in 2019. Factors such as growing focus on using recyclable materials and reducing plastic packaging are supplementing expected to boost the growth of this segment. Food & beverage segment occupied the largest share in 2019 and is expected to dominate the market during the forecast period. This segment is estimated to register the considerable growth owing to rising demand for thermoform containers for dairy products packaging. Further, advancements in thermoform technology and increasing demand for lightweight packaging are projected to bolster the segment growth.
Report Link
For more details on “Global Thermoform Packaging” Market Report:
https://i2iresearch.com/report/global-thermoform-packaging-market-2020-market-size-share-growth-trends-forecast-2025/

What this report Offers
This report covers an in-depth analysis of the Global Thermoform Packaging market including statistical and qualitative data points with emphasis on the market dynamics including the drivers, opportunities & restraints.
There is a coverage of market dynamics at country level in the respective regional segments. The report comprises competitive analysis with focus on key players and participants of Global Thermoform Packaging market covering in-depth data related to competitive landscape, positioning, company profiles, key strategies adopted and product-profiling with focus on market growth and potential.

To avail a copy of the sample of the Global Thermoform Packaging Market Report:
https://i2iresearch.com/report/global-thermoform-packaging-market-2020-market-size-share-growth-trends-forecast-2025/

Key Segmentations in this report

Global Thermoform Packaging Market, by Type
• Blister packaging
• Clamshell packaging
• Skin packaging
• Others
Global Thermoform Packaging Market, by Material
• Plastic
• Aluminum
• Paper & paperboard
Global Thermoform Packaging Market, by End Use Industry
• Food & beverage
• Electronics
• Pharmaceutical
• Home & Personal care goods
• Others

For a detailed table of content of the Global Thermoform Packaging Market Report:
https://i2iresearch.com/report/global-thermoform-packaging-market-2020-market-size-share-growth-trends-forecast-2025/

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