Thermoforming Packaging Market Poised to Reach US$ 70.5 Billion by 2031, Driven by Sustainability and E-commerce | Amcor Limited, Sonoco Products Company, D&W Fine Pack LLC

Global Thermoforming Packaging Market reached US$ 47.6 billion in 2022 and is expected to reach US$ 70.5 billion by 2031, growing with a CAGR of 5.2% during the forecast period 2024-2031.

Thermoforming Packaging involves shaping plastic sheets into containers for food, medical, and consumer products. Growth is driven by demand for lightweight, flexible, and cost-effective packaging. Advanced materials and automation improve production efficiency. Sustainable and recyclable packaging solutions are gaining popularity. Applications include blister packs, trays, and clamshells. E-commerce growth further fuels adoption. Technological innovations expand product design and customization possibilities.

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☛ Thermoforming Packaging Market Recent Developments 2025:

United States: Recent Industry Developments

✅ In August 2025, Amcor Plc inaugurated a new thermoforming packaging line in Wisconsin to expand its sustainable packaging portfolio. The facility focuses on producing recyclable and lightweight PET trays for food and healthcare applications.

✅ In July 2025, Sonoco Products Company launched an eco-friendly thermoformed container made from 100% post-consumer recycled PET. The innovation supports major retailers aiming to meet their circular economy goals by 2030.

✅ In June 2025, Placon Corporation unveiled its latest series of custom thermoformed medical packaging solutions. The designs feature high-barrier protection for sterile medical devices and diagnostics kits.

Europe: Recent Industry Developments

✅ In August 2025, Huhtamaki announced a €70 million investment in its thermoforming packaging facility in Poland. The expansion focuses on high-performance molded fiber trays to replace traditional plastic solutions.

✅ In July 2025, Faerch Group introduced advanced mono-PET thermoforming technology for fully closed-loop recycling. The innovation enables easier material recovery from food packaging waste streams.

✅ In June 2025, RPC Superfos collaborated with European food producers to develop lightweight thermoformed tubs with extended shelf-life properties, reducing both material usage and food waste.

Japan: Recent Industry Developments

✅ In August 2025, Mitsubishi Chemical Group launched a new line of biodegradable thermoforming packaging materials derived from plant-based polymers. The initiative supports Japan's "Green Transformation (GX)" strategy to reduce plastic waste.

✅ In July 2025, Toyobo Co., Ltd. developed high-barrier thermoformed films for food and pharmaceutical packaging. The films improve moisture and oxygen resistance while maintaining recyclability standards.

✅ In June 2025, Takemoto Yohki Co., Ltd. announced the expansion of its thermoforming packaging operations in Osaka to cater to growing demand from the cosmetics and personal care sectors.

✅ In May 2025, Dai Nippon Printing (DNP) introduced a lightweight thermoformed tray designed for ready-to-eat meals, featuring heat-sealable and microwave-safe materials. The product aligns with Japan's convenience food trend.

✅ In April 2025, Kureha Corporation collaborated with packaging automation firms to develop smart thermoforming lines that reduce energy consumption by 20%, enhancing overall production efficiency.

☛ Thermoforming Packaging Market Competitive Landscape:

Amcor Limited, Sonoco Products Company, D&W Fine Pack LLC, Pactiv Evergreen Inc., Placon Corporation, Anchor Packaging LLC, Genpak LLC, Berry Global Inc., DS Smith Plc and Brentwood Industries, Inc.

Research Methodology

We follow a hybrid research approach, combining qualitative insights with rigorous quantitative analysis to deliver reliable and comprehensive market intelligence. Our process begins with extensive secondary research, drawing on trusted industry reports, proprietary databases, and credible market sources. This is then reinforced through targeted primary research, including structured surveys and in-depth interviews with industry leaders, subject matter experts, and key market participants.

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☛ Segments Covered in the Thermoforming Packaging Market:

By Type: Blister Packaging, Clamshell Packaging, Skin Packaging, Trays and Lids, Containers, Cups and Bottles, Others

By Heat Seal Coating: Water-based, Solvent-based, Hot Melt-based

By Material: Plastic (Polycarbonate, Polyethylene, Polystyrene, Polypropylene, Polyethylene Terephthalate, Others), Metal, Paper & Paperboard

By Process: Vacuum, Pressure, Mechanical, Twin Sheet Forming, Others

By End-User: Food & Beverages, Electrical & Electronics, Personal Care & Cosmetics, Medical & Pharmaceuticals, Homecare and Toiletries, Industrial Goods, Automotive, Consumer Goods, Others

☛ This Report Includes:

✔ Comprehensive go-to-market strategies with actionable insights.

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✔ Identification of niche segments and high-growth regions presenting strong opportunities.

✔ Accurate regional forecasts using both top-down and bottom-up approaches.

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☛ Regional Analysis for Thermoforming Packaging Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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