Global Thermoform Packaging Market 2023-2029

Global Thermoform Packaging Market 2023-2029

The global thermoform packaging market is expected to increase by USD 14.4 billion, at a compound annual growth rate (CAGR) of 4.4% from 2023 to 2029, according to the latest edition of the Global Thermoform Packaging Market Report.

The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global thermoform packaging market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the material, type, heat seal coating, end user, and region. The global market for thermoform packaging can be segmented by material: aluminum, paper, plastics (PET, PVC, PE, PP, PS, others). Globally, the plastics segment made up the largest share of the thermoform packaging market. Thermoform packaging market is further segmented by type: blister packaging, clamshell packaging, skin packaging, others. The blister packaging segment captured the largest share of the market in 2022. Based on heat seal coating, the thermoform packaging market is segmented into: hot melt coatings, solvent-based coatings, water-borne coatings. According to the research, the solvent-based coatings segment had the largest share in the global thermoform packaging market. On the basis of end user, the thermoform packaging market also can be divided into: food & beverages, personal care, pharmaceuticals, electronics, homecare, others. The food & beverages segment held the largest revenue share in 2022. Thermoform packaging market by region is categorized into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America.

The plastics market is further segmented into polyethylene (PE), polyethylene terephthalate (PET), polypropylene (PP), polystyrene (PS), polyvinyl chloride (PVC), others. The PET segment was the largest contributor to the global thermoform packaging market in 2022.

Market Segmentation

By material: aluminum, paper, plastics (PET, PVC, PE, PP, PS, others)

By type: blister packaging, clamshell packaging, skin packaging, others

By heat seal coating: hot melt coatings, solvent-based coatings, water-borne coatings

By end user: food & beverages, personal care, pharmaceuticals, electronics, homecare, others

By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America

The report also provides a detailed analysis of several leading thermoform packaging market vendors that include AFG S.r.l., Amcor Limited, Constantia Flexibles Holding GmbH, D&W Fine Pack LLC, Dart Container Corporation, Display Pack, Inc., DS Smith plc, Genpak LLC, Huhtamaki Oyj, Lacerta Group, LLC., Pactiv LLC, Placon Corporation, Sonoco Products Company, Tamarack Products Inc., UNIFILL S.r.l., WestRock Company, Wipak Walsrode GmbH & Co. KG, among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.

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Scope of the Report

• To analyze and forecast the market size of the global thermoform packaging market.
• To classify and forecast the global thermoform packaging market based on material, type, heat seal coating, end user, region.
• To identify drivers and challenges for the global thermoform packaging market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global thermoform packaging market.
• To identify and analyze the profile of leading players operating in the global thermoform packaging market.

• Gain a reliable outlook of the global thermoform packaging market forecasts from 2023 to 2029 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.