The global thermoform packaging market is expected to grow at a CAGR of around 4.5% during forecast period 2019 to 2026 and expected to reach over US$ 55.26 Bn by 2026.
Thermoform packaging is used to pack in various forms which include food & beverage, pharmaceuticals, personal care & cosmetics, electronics, and others. Food & Beverages packaging to enclose or wrap foods formed mainly for consumers. Thermoform packaging is mainly used to store the food items or can be stored without refrigeration for a longer time and also maintains chemical properties.
Market Dynamics
The thermoform packaging food can be differentiated into various types including food & beverages packaging market is primarily driven by the rising increase demand for convenience and quality food products, increase in urban population which increases adoption of food, increase in the consumption of processed food and packaged food for consumers across the globe, growing disposable income of eatable food and multi-functionality of food packaging. Furthermore, an increase in demand for packaged foods, innovation and development in food packaging, rising concerns about the health of consumers, and rising spending capacity of packaging food owners on food durable products is estimated to boost the market growth. Moreover, changing lifestyles of consumers across developed countries, growing pharmaceutical and food industry, humanization, and the emergence of new product development in thermoform packaging products are expected to create opportunities for the manufacturers in the global market over the forecast period. However, rigorous government regulations towards packaging food using thermoform by food quality and safety & quality concerns of products are expected to hamper the growth of the global thermoform packaging market in the future years.
Based on material type, plastic segment dominated the thermoform packaging market
Based on material type, the market has been segmented into plastic, aluminum and paper & paper board. The plastic segment accounts of the largest share in the market and are expected to grow at the highest CAGR during the forecast period.
Plastic enhances the shelf life and quality of products which grows the demand for plastic packaging in material packaging type. The major factors that are driving the growth of this segment are increasing consumption of plastic packaging products with efficient marketing styles.
The manufacturers Anchor Limited and Sonoco Products Company are mainly investing in the development of material as a thermoform packaging, which expected the lead the market in the coming years. Plastic provides high barriers, cost efficiency, durable packaging, and temperature resistance. Plastic in the form of PVC, PE, PS, PP, and PET are used largely in plastic thermoform segment.
The market research study on “Thermoform Packaging Market– Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 – 2026”,offers a detailed insight into the global thermoform packaging market entailing insights on its different market segments. Market dynamics with drivers, restraints, and opportunities with their impact are provided in the report. The report provides insights into the global thermoform packaging market, its material type, heat seal coating type, product type, end-user, and major geographic regions. The report covers basic development policies and layouts of technology development processes. Secondly, the report covers global pet food packaging market size and volume, and segment markets by material type, heat seal coating type, product type, end-user, and geography along with the information on companies operating in the market. The pet food packaging market analysis is provided for major regional markets including North America, Europe, Asia Pacific, Latin America and Middle East and Africa. For each region, the market size and volume for different segments have been covered under the scope of the report.
In 2018, North America dominated the regional market with a maximum market share
North America accounted for the highest market share of the thermoform packaging market and the region is also expected to maintain its dominance over the forecast period. The rapid consumption of thermoform packaging in terms of size, enhanced productivity, and better product value are the major driving factor for the region in the global market. Moreover, the increasing demand for keeping nutritional & healthy food products and increasing awareness about maintaining human’s health among the consumers are expected to enhance the market growth in the global thermoform packaging market in future. The Asia Pacific is expected to account for the second-largest in the global market during the forecast period. An increase in the packaging of goods, growing disposable income, an increase in innovation and development in thermoform packaging products are expected to enhance the regional market growth in the global thermoform packaging market during the forecast.
Asia Pacific is expected to hold the second-highest CAGR in the global market during the forecast period. The manufacturers are investing in mounting countries to meet the demand for thermoform packaging. Moreover, changing lifestyle of consumers, increase in growing GDP, and strong economic growth in countries, such as China, Korea, Thailand, Japan, and India, are expected to enhance the market growth in the global thermoform packaging market during the forecast.
The players profiled in the report include Bemis Company Inc., Sealed Air Corporation, Amcor Ltd., Somoco Products Company, DS Smith Plc., Dart Container Company, West Rock Company, D&W Fine Pack, Display Pack Inc., Tray Pack corporation, Anchor Packaging, Lacerta Group Inc.The companies are involved in mergers and acquisitions and new product development for expanding their market share and also for gaining competitive advantages over its competitors.
Market Segmentation
Market By Material Type
Plastic
- Polyethylene Terephthalate (PET)
- Polyvinyl Chloride (PVC)
- Polyethylene (PE)
- Polystyrene (PS)
- Polypropylene (PP)
- Other
Aluminium
Paper & Paperboard
Market By Product Type
- Clamshell Packaging
- Blister Packaging
- Skin Packaging
- Others
Market By Heat Seal Coating Type
- Based on Water
- Based on Solvent
- Based on Hot Melt
Market By End-User
- Personal Care & Cosmetics
- Food & Beverage
- Pharmaceuticals
- Electronics
- Others
Market By Geography
North America
Europe
- U.K.
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Table Of Content:
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Thermoform Packaging
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Thermoform Packaging Market By Material Type
1.2.2.1. Global Thermoform Packaging Market Revenue and Growth Rate Comparison By Product Type (2015-2026)
1.2.2.2. Global Thermoform Packaging Market Revenue Share By Product Type in 2018
1.2.2.3. Plastic
1.2.2.4. Aluminum
1.2.2.5. Paper & Paperboard
1.2.3. Thermoform Packaging Market By Product Type
1.2.3.1. Global Thermoform Packaging Market Revenue and Growth Rate Comparison By Material Type (2015-2026)
1.2.3.2. Global Thermoform Packaging Market Revenue Share By Material Type in 2018
1.2.3.3. Clamshell Packaging
1.2.3.4. Blister Packaging
1.2.3.5. Skin Packaging
1.2.3.6. Others
1.2.4. Thermoform Packaging Market By End-User
1.2.4.1. Global Thermoform Packaging Market Revenue and Growth Rate Comparison By End-User (2015-2026)
1.2.4.2. Global Thermoform Packaging Market Revenue Share By End-User in 2018
1.2.4.3. Personal Care & Cosmetics
1.2.4.4. Food & Beverage
1.2.4.5. Pharmaceuticals
1.2.4.6. Electronics
1.2.4.7. Others
1.2.5. Thermoform Packaging Market By Heat Seal Coating Type
1.2.5.1. Global Thermoform Packaging Market Revenue and Growth Rate Comparison By Heal Seal Coating Type (2015-2026)
1.2.5.2. Global Thermoform Packaging Market Revenue Share By Heal Seal Coating Type in 2018
1.2.5.3. Based on Water
1.2.5.4. Based on Solvent
1.2.5.5. Based on Hot Melt
1.2.7 Thermoform Packaging Market by Geography
1.2.5.6. Global Thermoform Packaging Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.5.7. North America Thermoform Packaging Market Revenue and Growth Rate (2015-2026)
1.2.5.8. Europe Thermoform Packaging Market Revenue and Growth Rate (2015-2026)
1.2.5.9. Asia-Pacific Thermoform Packaging Market Revenue and Growth Rate (2015-2026)
1.2.5.10. Latin America Thermoform Packaging Market Revenue and Growth Rate (2015-2026)
1.2.5.11. Middle East and Africa (MEA) Thermoform Packaging Market Revenue and Growth Rate (2015-2026)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2018
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING THERMOFORM PACKAGING ANALYSIS
3.1. Capacity and Commercial Production Date of Global Thermoform Packaging Major Manufacturers in 2018
3.2. Manufacturing Plants Distribution of Global Thermoform Packaging Major Manufacturers in 2018
3.3. R&D Status and Technology Source of Global Thermoform Packaging Major Manufacturers in 2018
3.4. Raw Materials Sources Analysis of Global Thermoform Packaging Major Manufacturers in 2018
CHAPTER 4. THERMOFORM PACKAGING MARKET BY MATERIAL TYPE
4.1. Global Thermoform Packaging Revenue By Material Type
4.2. Plastic
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3. Aluminum
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.4. Paper & Paperboard
4.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 5. THERMOFORM PACKAGING MARKET BY PRODUCT TYPE
5.1. Global Thermoform Packaging Revenue By Product Type
5.2. Clamshell Packaging
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. Blister Packaging
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.4. Skin Packaging
5.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.5. Others
5.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 6. THERMOFORM PACKAGING MARKET BY END-USER
6.1. Global Thermoform Packaging Revenue By End-User
6.2. Personal Care & Cosmetics
6.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.3. Food & Beverage
6.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.4. Pharmaceuticals
6.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.5. Electronics
6.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.6. Others
6.6.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.6.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 7. THERMOFORM PACKAGING MARKET BY HEAL SEAL COATING TYPE
7.1. Global Thermoform Packaging Revenue By Heal Seal Coating Type
7.2. Based on Water
7.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
7.3. Based on Solvent
7.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
7.4. Based on Hot Melt
7.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 8. NORTH AMERICA THERMOFORM PACKAGING MARKET BY COUNTRY
8.1. North America Thermoform Packaging Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. North America Thermoform Packaging Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. U.S.
8.3.1. U.S. Thermoform Packaging Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By Material Type, 2015 - 2026 ($Million)
8.3.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
8.3.4. Market Revenue and Forecast By Heal Seal Coating Type, 2015 - 2026 ($Million)
8.4. Canada
8.4.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By Material Type, 2015 - 2026 ($Million)
8.4.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
8.4.4. Market Revenue and Forecast By Heal Seal Coating Type, 2015 - 2026 ($Million)
CHAPTER 9. EUROPE THERMOFORM PACKAGING MARKET BY COUNTRY
9.1. Europe Thermoform Packaging Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Europe Thermoform Packaging Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. UK
9.3.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By Material Type, 2015 - 2026 ($Million)
9.3.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
9.3.4. Market Revenue and Forecast By Heal Seal Coating Type, 2015 - 2026 ($Million)
9.4. Germany
9.4.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By Material Type, 2015 - 2026 ($Million)
9.4.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
9.4.4. Market Revenue and Forecast By Heal Seal Coating Type, 2015 - 2026 ($Million)
9.5. France
9.5.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By Material Type, 2015 - 2026 ($Million)
9.5.3. Market Revenue and Forecast By Material Type, 2015 - 2026 ($Million)
9.5.4. Market Revenue and Forecast By Heal Seal Coating Type, 2015 - 2026 ($Million)
9.6. Spain
9.6.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
9.6.2. Market Revenue and Forecast By Material Type, 2015 - 2026 ($Million)
9.6.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
9.6.4. Market Revenue and Forecast By Heal Seal Coating Type, 2015 - 2026 ($Million)
9.7. Rest of Europe
9.7.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
9.7.2. Market Revenue and Forecast By Material Type, 2015 - 2026 ($Million)
9.7.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
9.7.4. Market Revenue and Forecast By Heal Seal Coating Type, 2015 - 2026 ($Million)
CHAPTER 10. ASIA-PACIFIC THERMOFORM PACKAGING MARKET BY COUNTRY
10.1. Asia-Pacific Thermoform Packaging Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Asia-Pacific Thermoform Packaging Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. China
10.3.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By Material Type, 2015 - 2026 ($Million)
10.3.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
10.3.4. Market Revenue and Forecast By Heal Seal Coating Type, 2015 - 2026 ($Million)
10.4. Japan
10.4.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By Material Type, 2015 - 2026 ($Million)
10.4.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
10.4.4. Market Revenue and Forecast By Heal Seal Coating Type, 2015 - 2026 ($Million)
10.5. India
10.5.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By Material Type, 2015 - 2026 ($Million)
10.5.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
10.5.4. Market Revenue and Forecast By Heal Seal Coating Type, 2015 - 2026 ($Million)
10.6. Australia
10.6.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
10.6.2. Market Revenue and Forecast By Material Type, 2015 - 2026 ($Million)
10.6.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
10.6.4. Market Revenue and Forecast By Heal Seal Coating Type, 2015 - 2026 ($Million)
10.7. South Korea
10.7.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
10.7.2. Market Revenue and Forecast By Material Type, 2015 - 2026 ($Million)
10.7.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
10.7.4. Market Revenue and Forecast By Heal Seal Coating Type, 2015 - 2026 ($Million)
10.8. Rest of Asia-Pacific
10.8.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
10.8.2. Market Revenue and Forecast By Material Type, 2015 - 2026 ($Million)
10.8.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
10.8.4. Market Revenue and Forecast By Heal Seal Coating Type, 2015 - 2026 ($Million)
CHAPTER 11. LATIN AMERICA THERMOFORM PACKAGING MARKET BY COUNTRY
11.1. Latin America Thermoform Packaging Market Revenue and Growth Rate, 2015 - 2026 ($Million)
11.2. Latin America Thermoform Packaging Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. Brazil
11.3.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
11.3.2. Market Revenue and Forecast By Material Type, 2015 - 2026 ($Million)
11.3.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
11.3.4. Market Revenue and Forecast By Heal Seal Coating Type, 2015 - 2026 ($Million)
11.4. Mexico
11.4.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
11.4.2. Market Revenue and Forecast By Material Type, 2015 - 2026 ($Million)
11.4.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
11.4.4. Market Revenue and Forecast By Heal Seal Coating Type, 2015 - 2026 ($Million)
11.5. Rest of Latin America
11.5.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
11.5.2. Market Revenue and Forecast By Material Type, 2015 - 2026 ($Million)
11.5.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
11.5.4. Market Revenue and Forecast By Heal Seal Coating Type, 2015 - 2026 ($Million)
CHAPTER 12. MIDDLE EAST & AFRICA THERMOFORM PACKAGING MARKET BY COUNTRY
12.1. Middle East & Africa Thermoform Packaging Market Revenue and Growth Rate, 2015 - 2026 ($Million)
12.2. Middle East & Africa Thermoform Packaging Market Revenue Share Comparison, 2015 & 2026 (%)
12.3. GCC
12.3.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
12.3.2. Market Revenue and Forecast By Material Type, 2015 - 2026 ($Million)
12.3.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
12.3.4. Market Revenue and Forecast By Heal Seal Coating Type, 2015 - 2026 ($Million)
12.4. South Africa
12.4.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
12.4.2. Market Revenue and Forecast By Material Type, 2015 - 2026 ($Million)
12.4.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
12.4.4. Market Revenue and Forecast By Heal Seal Coating Type, 2015 - 2026 ($Million)
12.5. Rest of Middle East & Africa
12.5.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
12.5.2. Market Revenue and Forecast By Material Type, 2015 - 2026 ($Million)
12.5.3. Market Revenue and Forecast By End-User, 2015 - 2026 ($Million)
12.5.4. Market Revenue and Forecast By Heal Seal Coating Type, 2015 - 2026 ($Million)
CHAPTER 13. COMPANY PROFILE
13.1. Bemis Company Inc.
13.1.1. Company Snapshot
13.1.2. Overview
13.1.3. Financial Overview
13.1.4. Product Portfolio
13.1.5. Key Developments
13.1.6. Strategies
13.2. Sealed Air Corporation
13.2.1. Company Snapshot
13.2.2. Overview
13.2.3. Financial Overview
13.2.4. Product Portfolio
13.2.5. Key Developments
13.2.6. Strategies
13.3. Amcor Limited
13.3.1. Company Snapshot
13.3.2. Overview
13.3.3. Financial Overview
13.3.4. Product Portfolio
13.3.5. Key Developments
13.3.6. Strategies
13.4. DS Smith Plc.
13.4.1. Company Snapshot
13.4.2. Overview
13.4.3. Financial Overview
13.4.4. Product Portfolio
13.4.5. Key Developments
13.4.6. Strategies
13.5. Sonoco Products Company
13.5.1. Company Snapshot
13.5.2. Overview
13.5.3. Financial Overview
13.5.4. Product Portfolio
13.5.5. Key Developments
13.5.6. Strategies
13.6. Dart Container Company
13.6.1. Company Snapshot
13.6.2. Overview
13.6.3. Financial Overview
13.6.4. Product Portfolio
13.6.5. Key Developments
13.6.6. Strategies
13.7. D&W Fine Pack
13.7.1. Company Snapshot
13.7.2. Overview
13.7.3. Financial Overview
13.7.4. Product Portfolio
13.7.5. Key Developments
13.7.6. Strategies
13.8. Tray Pack Corporation
13.8.1. Company Snapshot
13.8.2. Overview
13.8.3. Financial Overview
13.8.4. Product Portfolio
13.8.5. Key Developments
13.8.6. Strategies
13.9. Anchor Packaging
13.9.1. Company Snapshot
13.9.2. Overview
13.9.3. Financial Overview
13.9.4. Product Portfolio
13.9.5. Key Developments
13.9.6. Strategies
13.10. West Rock Company
13.10.1. Company Snapshot
13.10.2. Overview
13.10.3. Financial Overview
13.10.4. Product Portfolio
13.10.5. Key Developments
13.10.6. Strategies
13.11. Africa
13.11.1. Company Snapshot
13.11.2. Overview
13.11.3. Financial Overview
13.11.4. Product Portfolio
13.11.5. Key Developments
13.11.6. Strategies
CHAPTER 14. RESEARCH APPROACH
14.1. Research Methodology
14.1.1. Initial Data Search
14.1.2. Secondary Research
14.1.3. Primary Research
14.2. Assumptions and Scope
