Press release
Thermoform Packaging Market is expected to grow at 5.4% from 2024 to 2030, reaching nearly US$ 72.50 Bn.

๐๐ก๐๐ซ๐ฆ๐จ๐๐จ๐ซ๐ฆ ๐๐๐๐ค๐๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ
Over the forecast period, ๐๐ก๐๐ซ๐ฆ๐จ๐๐จ๐ซ๐ฆ ๐๐๐๐ค๐๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ was valued at US$ 50.17 Bn. in 2023 and the total Thermoform Packaging revenue is expected to grow at 5.4% from 2024 to 2030, reaching nearly US$ 72.50 Bn.
Packaging is a diverse USD 950 billion-plus industry with an excellent annual growth potential of over 3%. Geographically, emerging markets are expected to drive the majority of this growth, with packaging consumption expected to rise by USD 100 billion between 2020 and 2025.
๐๐๐ญ ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ซ ๐ ๐ซ๐๐ ๐๐ข๐ ๐ก๐ญ ๐๐๐ซ๐: https://www.maximizemarketresearch.com/request-sample/34585/
During the same period, markets in Western Europe and North America are forecast to grow at a rate of roughly 1% per year, although from a big base, with developed market packaging consumption (including Japan and Oceania) expected to increase by nearly USD 22 billion by 2023.
The European Commission announced a new Circular Economy Action Plan in March 2020, as part of the European Green Deal, Europe's new goal for sustainable growth. Over the next decade, at least EUR 1 trillion is estimated to be spent, with the EU budget contributing the most, EUR 503 billion, and national governments contributing another EUR 114 billion. The subsequent EUR 279 billion would primarily come from the private sector, with the idea being that loan guarantees from the European Investment Bank would incentivize corporations to pursue riskier green projects.
Consumers globally are increasing their spending at online stores. Consumers in the United States are estimated to spend twice as much on items purchased from online grocery retailers. China also experienced a 200% increase in the sale of fresh food through online channels in 10 days in January 2020 compared to 2019.
๐๐ข๐๐ฐ ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ซ๐ฌ๐ข๐จ๐ง ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ซ๐: https://www.maximizemarketresearch.com/request-sample/34585/
๐๐ก๐๐ซ๐ฆ๐จ๐๐จ๐ซ๐ฆ ๐๐๐๐ค๐๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
๐๐ฒ ๐๐ฒ๐ฉ๐
โข Blister packaging
โข Clamshell packaging
โข Skin packaging
โข Others
๐๐ฒ ๐๐๐๐ญ ๐๐๐๐ฅ ๐๐จ๐๐ญ๐ข๐ง๐
โข Water-based
โข Solvent-based
โข Hot-melt-based
๐๐ฒ ๐๐๐ญ๐๐ซ๐ข๐๐ฅ
โข Plastic
โข Aluminium
โข Paper & paperboard
๐๐ฒ ๐๐ง๐-๐๐ฌ๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ
โข Food & beverage
โข Pharmaceuticals
โข Electronics
โข Home & personal care
โข Others
๐๐ก๐๐ซ๐ฆ๐จ๐๐จ๐ซ๐ฆ ๐๐๐๐ค๐๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐ซ๐:
1.WestRock Company (US)
2. Lacerta Group (US)
3. DuPont (US)
4. DS Smith (UK)
5. Sonoco Products (US)
6. Anchor Packaging (US)
7. Tekni-plex Inc (US)
8. Display Pack (US)
9. Archer Daniels Midland (US)
10.Berry Global Inc. (US)
11.Blisterpak, Inc. (US)
12.Brentwood Industries, Inc. (US)
๐๐ฅ๐ข๐๐ค ๐๐๐ซ๐ ๐๐จ๐ซ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ญ๐๐ข๐ฅ๐ฌ: https://www.maximizemarketresearch.com/market-report/global-thermoform-packaging-market/34585/
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐๐ก๐๐ซ๐ฆ๐จ๐๐จ๐ซ๐ฆ ๐๐๐๐ค๐๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
1. Which is the potential market for Thermoform Packaging in terms of the region?
2. What are the opportunities for new market entrants?
3. What is expected to drive the growth of the Thermoform Packaging market in the forecast period?
4. What is the projected market size & growth rate of the Thermoform Packaging Market?
5. What segments are covered in the Thermoform Packaging Market report?
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
Past Market Size and Competitive Landscape (2018 to 2023)
Past Pricing and price curve by region (2018 to 2023)
Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Regional analysis, Segment Analysis, Competitive landscape
Market Segmentation - A detailed analysis of the Offerings, Vertical, Application and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐ก๐๐ฌ ๐๐ฅ๐ฌ๐จ ๐ฉ๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐ซ๐๐ฅ๐๐ญ๐๐ ๐ญ๐จ ๐๐ก๐๐ซ๐ฆ๐จ๐๐จ๐ซ๐ฆ ๐๐๐๐ค๐๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
โข ๐๐ก๐๐ซ๐ฆ๐จ๐๐จ๐ซ๐ฆ ๐๐๐๐ค๐๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ was valued at US$ 50.17 Bn. in 2023 and the total Thermoform Packaging revenue is expected to grow at 5.4% from 2024 to 2030, reaching nearly US$ 72.50 Bn. https://www.maximizemarketresearch.com/market-report/global-thermoform-packaging-market/34585/
โข ๐๐๐๐ค๐๐ ๐ข๐ง๐ ๐๐จ๐๐จ๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ was valued US$ 4.29 Bn in 2023 and is expected to reach US$ 10.85 Bn by 2030, at a CAGR of 14.18 % during a forecast period. https://www.maximizemarketresearch.com/market-report/global-packaging-robots-market/53670/
๐๐ฎ๐ซ ๐๐๐๐ซ๐๐ฌ๐ฌ:
๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐ฏ๐ญ. ๐๐ญ๐.
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๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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