Global Thin Wall Packaging Market Size, Share, & Forecast 2023-2030 | Market Report by RationalStat

The global thin wall packaging market is expected to reach US$ 54.3 billion by 2030, with an annual growth rate of more than 5.0%.

According to RationalStat's recent industry analysis, the Global Thin Wall Packaging Market value is estimated at US$ 38.6 billion in 2023 and is expected to rise at a strong CAGR of over 5.0% over the forecast period of 2023-2030.

Market Definition, Market Scope, and Report Overview

The use of lightweight materials in the creation of packaging items results in thin-walled containers and packaging solutions. These materials are frequently distinguished by their thinness while retaining adequate strength and durability. Thin-wall packaging is widely utilized in the food and beverage industries, but it also has uses in a variety of other industries.
Thin-wall packaging is versatile and can be adapted for various applications, including food packaging, beverage containers, cosmetic packaging, and household products. This versatility contributes to its widespread adoption across different industries.

According to a deep-dive market assessment by RationalStat, the global thin wall packaging market has been analyzed on the basis of market segments, including product type, production process, material, application and geography/regions (including North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, and Asia Pacific). The report also offers global and regional market sizing for the historical period of 2019-2022 and the forecast period of 2023-2030.

• Market intelligence for the global thin wall packaging market covers market sizes on the basis of market value (US$/EUR Million), volume (Tons) by various products/services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.

• In addition, the long-term sector and products/services 10-year outlook and its implications on the global thin wall packaging market. It also includes the industry's current state - Production levels, Capacity Utilization, Tech quotient, etc. Key information will be manufacturing capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, insights, etc.
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Global Thin Wall Packaging Market: Segmental and Market Share Analysis

• On the basis of application, food & beverages segment is expected to hold the major share of the market. The increasing per capita income has resulted in an increase in the disposable income which in turn driving the growth of the thin wall packaging market.

Report Synopsis
Report Metrics Details
Base Year 2023
Forecast Period 2023-2030
Base Year Market Size US$ 38.6 billion
Market Size Forecast US$ 54.3 billion
Growth Rate 5.0%
Dominant Segment Food & Beverages
Dominant Region Asia Pacific

Key Market Drivers
• Rise of e-commerce
• Increasing need for light weight packaging
• Increase in the urban population

Companies Profiled
• Novio Packaging B.V.
• Groupe Guillin SA
• Omniform Sa
• Takween Advanced Industries
• Insta Polypack
• JRD International Dampack International Bv
• Saudi Basic Industries Corporation
• Sem Plastik Sanayi Ve Ticaret AS
• Berry Global Group
• Greiner Packaging International GmbH
• Double H Plastics INC
• Silgan Holdings Inc

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Competition Analysis and Market Structure

Some leading players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & and acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players.

• In November 2023, TWI-PET, a novel technology developed by ITC
Packaging in collaboration with BMB SPA and Novapet, is a one-step injection moulding technique that produces thin-wall, flexible PET packaging.
Some of the prominent players and suppliers operating and contributing significantly to the global thin wall packaging market growth include Novio Packaging B.V., Groupe Guillin SA, Omniform Sa, Takween Advanced Industries, Insta Polypack, JRD International Dampack International Bv, Saudi Basic Industries Corporation, Sem Plastik Sanayi Ve Ticaret AS, Berry Global Group, Greiner Packaging International GmbH, Double H Plastics INC, and Silgan Holdings Inc., among others.

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RationalStat has segmented the global thin wall packaging market based on product type, production process, material, application and region
• Global Thin Wall Packaging Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Product Type
o Tubs
o Cups
o Jars
o Trays
o Pots
o Clamshells
o Lids
• Global Thin Wall Packaging Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Production Process
o Thermoforming
o Injection Molding
• Global Thin Wall Packaging Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Material
o Polypropylene (PP)
o Polyethylene (PE)
 High-density Polyethylene (HDPE)
 Low-density Polyethylene (LDPE)
o Polyethylene Terephthalate (PET)
o Polystyrene (PS)
o Polyvinyl Chloride (PVC)
• Global Thin Wall Packaging Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Application
o Food & Beverages
o Pharmaceuticals
o Cosmetics & Personal Care
• Global Thin Wall Packaging Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Region
o North America Thin Wall Packaging Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Country
 US
 Canada
o Latin America Thin Wall Packaging Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Country
 Brazil
 Mexico
 Rest of Latin America
o Western Europe Thin Wall Packaging Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Country
 Germany
 UK
 France
 Spain
 Italy
 Benelux
 Nordic
 Rest of Western Europe
o Eastern Europe Thin Wall Packaging Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Country
 Russia
 Poland
 Hungary
 Other CIS Countries
 Rest of Eastern Europe
o Asia Pacific Thin Wall Packaging Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Country
 China
 Japan
 India
 South Korea
 Australia
 ASEAN
• Indonesia
• Thailand
• Philippines
• Vietnam
• Malaysia
• Rest of ASEAN
 Rest of Asia Pacific
o Middle East & Africa Thin Wall Packaging Market Value (US$ Million), Volume (Tons) and Market Share (2019-2030) Analysis by Country
 GCC
• Saudi Arabia (KSA)
• United Arab Emirates (UAE)
• Rest of the GCC
 South Africa
 Nigeria
 Turkey
 Rest of the Middle East & Africa

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Key Questions Answered in the Thin Wall Packaging Report:
• What will be the market value of the global Thin Wall Packaging market by 2030?
• What is the market size of the global Thin Wall Packaging market?
• What are the market drivers of the global Thin Wall Packaging market?
• What are the key trends in the global Thin Wall Packaging market?
• Which is the leading region in the global Thin Wall Packaging market?
• What are the major companies operating in the global Thin Wall Packaging market?
• What are the market shares by key segments in the global Thin Wall Packaging market?

Research Methodology
RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts' viewpoint to create a research methodology for market sizing and forecasting.
RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:
• Defining the problem by understanding the type of market and data required by the client.
• Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
• Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
• Evaluating and analyzing the data by referring to data sources utilized and leveraged.
• Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.

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RationalStat is an end-to-end global market intelligence and consulting company that provides comprehensive market research reports, customized strategy, and consulting studies. The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.
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