Press release
Clamshell Packaging Market to Hit USD 12.2 Billion by 2034 Amid Rising Demand for Convenience Foods
The global clamshell packaging market size is likely to be worth USD 9.1 billion in 2024. The sales of clamshell packaging are projected to exhibit a slow CAGR of 3.0% from 2024 to 2034. By 2034, the demand revenue for clamshell packaging is anticipated to surpass a valuation of USD 12.2 billion.The urban population's evolving lifestyles and alternate dietary habits have resulted in a surge in demand for convenience food services, strengthening the clamshell packaging industry. The demand for ready-to-eat meals and the growing urban population are expected to promote the clamshell packaging solution market.
Clamshell packaging has grown due to the expanding eCommerce industry and the quickening pace of research and development. Consumers expect greater quantities of their products to be protected from outside contamination, which is projected to present lucrative potential and stimulate the market expansion of clamshell packaging.
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The number of cooperative agreements and the expansion of emerging sectors serve as catalysts. This is creating ideal circumstances for the growth of the clamshell packaging market.
Rigid packaging offers more physical protection than thin, flexible packaging films used in stock clamshell packaging. Since flexible packaging bags meant for liquid products are readily punctured, they must be handled gently during the whole production process. The softness of the packages makes their shape very unstable, making handling difficult. This is anticipated to impede the market expansion of clamshell packaging significantly.
"The stock clamshell packaging industry is expected to expand due to rising consumer demand for eco-friendly and practical packaging options. The growing environmental concerns in materials and designs are likely to impact the clamshell packaging market's trajectory positively", says Future Market Insights (FMI).
Key Takeaways
• In the product type category, the 2-piece clamshells segment is likely to garner a share of 54.2% in 2024.
• The food segment in the end use category is estimated to hold a share of 62.8% in 2024.
• From 2024 to 2034, the India clamshell packaging industry is projected to strengthen at a 6.1% moderate CAGR.
• The China clamshell packaging market is anticipated to accelerate at a moderate CAGR of 4.7% through 2034.
• Sales of clamshell packaging in Thailand are expected to surge at a moderate CAGR of 4.3% through 2034.
• Between 2024 and 2034, the South Korea clamshell packaging solution market is projected to evolve at a sluggish CAGR of 2.3%.
• The Spain clamshell packaging market is expected to spur at a slow CAGR of 2.1% between 2024 and 2034.
• Between 2024 and 2034, the Japan clamshell packaging industry is projected to evolve at a sluggish CAGR of 1.8%.
• Through 2034, the United States clamshell packaging market is expected to expand at a CAGR of 1.8%.
• The Italy clamshell packaging solution market is estimated to develop at a sluggish CAGR of 1.7% until 2034.
• The United Kingdom clamshell packaging industry is expected to experience expansion at a slow CAGR of 1.6% through 2034.
• The Germany clamshell packaging market is projected to exhibit growth between 2024 and 2034 at a sluggish CAGR of 1.5%.
• The France clamshell packaging industry is anticipated to surge at a slow CAGR of 1.3% between 2024 and 2034.
• The Canada clamshell packaging solution market is forecasted to evolve at a sluggish CAGR of 1.2% until 2034.
Competitive Landscape
The prominent clamshell packaging producers are performing research and developments and are continually delivering innovative products and solutions targeted at specific end-use. The clamshell packaging vendors aim at mergers and acquisitions, product launches, research and development investments, and other strategies to gain a competitive advantage over other providers.
Top Clamshell Packaging Manufacturers
• Smurfit Kappa Group plc
• Westrock Company
• Parksons Packaging Ltd.
• VisiPak Inc.
• Prime Packaging LLC
• Sonoco Products Company
• Universal Plastics Corporation
• Amcor plc
• Placon Corporation Inc.
• Dordan Manufacturing Company
• Footprint USA
• Novolex Company
Notable Developments
• An environmentally responsible "claimtainer" that Jamestown Plastics launched in 2021 is said to be more potent than clamshell packaging.
• Compostable clamshell packaging for the food industry was introduced in November 2020 by Footprint, a sustainable technology business based in the United States.
• During the launch of a new range of clamshell containers in September 2019, Novoflex Company revealed that it was expanding its product line.
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Key Segments
By Packaging Type:
• Trays
• Bowls
• Boxes and Containers
• Others
By Material Type:
• Plastic
• PET
• PVC
• PP
• PS
• Paper/Paperboard
By Product Type:
• Mock Clamshells
• 2-Piece Clamshells
• Tri-Fold Clamshells
By End Use:
• Food
• Fruits and Vegetables
• Ready-to-Eat Food
• Bakery and Confectionery
• Frozen Food
• Others
• Electrical and Electronics
• Cosmetics and Personal Care
• Household Goods
• Gifts, Toys and Stationery
• Pharmaceuticals
• Others
By Region:
• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific excluding Japan (APEJ)
• Middle East and Africa (MEA)
• Japan
Have a Look at Another Post on the Packaging Domain:
Box Pouch Market - https://www.fmiblog.com/2024/10/31/according-to-fmi-box-pouch-market-size-forecast-analysis-and-share-surpass-usd-728-65-million-2033-at-3-7-cagr/
Polypropylene Woven Bag and Sack Market - https://www.fmiblog.com/2024/10/10/polypropylene-woven-bag-and-sack-market-is-expected-to-reach-a-high-valuation-of-usd-6-1-billion-by-2034-fmi/
Packaging Machinery Market - https://www.fmiblog.com/2024/10/31/packaging-machinery-market-is-projected-to-grow-at-a-strong-cagr-of-4-5-by-2033-future-market-insights-inc/
Hinged Lid Tins Market - https://www.fmiblog.com/2024/10/10/hinged-lid-tins-market-is-predicted-to-reach-usd-10-8-billion-globally-by-2032-at-3-7-cagr-future-market-insights-inc/
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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