Thermoform Packaging Market by Material, Type, Heat Seal Coating and End User Industry

  • ID: 4173400
  • Report
  • 190 pages
  • Allied Analytics LLP
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FEATURED COMPANIES

  • Amcor Limited
  • Anchor Packaging
  • Bemis Company, Inc.
  • Display Pack Inc.
  • DS Smith PLC
  • Pactiv LLC
  • MORE
Thermoform packaging market by material (plastic, aluminum, and paper & paperboard), type (clamshell packaging, blister packaging, skin packaging, and others), heat seal coating (water-based, solvent-based, and hot melt-based), and end user industry (food & beverage, electronics, personal care & cosmetics, pharmaceuticals, and others)

Thermoforming is a relatively simple plastic manufacturing process that is inexpensive as compared to other plastic molding and forming methods. In this process, a thermoplastic sheet is heated until it is pliable, and then it is placed over a mold until the sheet is cooled to form a finished part. The global thermoform packaging market is expected to register substantial growth during the forecast period, attributed to the increased demand from the food & beverage and pharmaceuticals industries.

Thermoform packaging has extensive applications in food packaging, which is one of the key factors that drives the market growth. Furthermore, increased demand for convenient and easy-to-use packaging has resulted in the increased requirements for barrier properties to keep the food fresh and enhance its shelf life. Packaging manufacturers are increasingly using thermoform packaging for food products as it eliminates wastage of material, and the packages are relatively easier to customize, thus lowering the amount of raw material used by almost 50%. Moreover, thermoform packaging reduces packaging costs for food products, leading to their augmented adoption.

An ongoing trend in the global thermoform packaging market gaining traction is the high demand for lightweight packaging products. A number of manufacturers are considering the use of lightweight packaging products to address the cost-related concerns across the value chain. Another major trend observed is the gradual shift of manufacturers towards biodegradable, bio-derived, and recyclable polymers as an alternative to traditional petroleum-based polymers.

The report segments the global thermoform packaging market on the basis of material, type, heat seal coating, end-user industry, and geography. On the basis of material, the market is divided into plastics, aluminum, and paper & paperboard. The plastics segment is further sub segmented into polyvinyl chloride (pvc), polyethylene terephthalate (pet), polyethylene (pe), polypropylene (pp), polystyrene (ps), and others. Based on type, it is classified into clamshell packaging, blister packaging, skin packaging, and others. Based on heat seal coating, it is segmented into water-based, solvent-based, and hot melt-based heat seal coatings. According to end-user industry, the market is segregated into food & beverage, electronics, personal care & cosmetics, pharmaceuticals, and others. Geographically, it is analyzed across North America, Europe, Asia-pacific, and LAMEA. Asia-pacific is expected to witness highest growth rate during the forecast period.

Comprehensive competitive analysis and profiles of major market players such Anchor Packaging, Bemis Company, Inc., Sonoco Products Company, Amcor Limited, Placon Corporation, Display Pack Inc., Pactiv Llc, E.I. Du Pont Nemours And Company, Westrock Company and Ds Smith Plc are studied in the report. The global thermoform packaging market is highly competitive, owing to the presence of several well-established manufacturers and vendors. The market has been undergoing significant consolidation over the last few years, and this trend is expected to continue further, due to the growing acceptance of thermoformed plastic and technological advancements.

Key benefits

This report provides an extensive analysis of the current trends and emerging estimations and dynamics in the global thermoform packaging market through 2014–2022, which assist in identifying the prevailing market opportunities.
Exhaustive analysis facilitates in understanding the types of thermoform packaging and the materials that are currently being used along with the variants that would gain prominence in the future.
Extensive analysis of end-user industry forecasts the various types of thermoform packaging that can be used in different end-user applications.
A detailed analysis is conducted by following key product positioning and monitoring the top competitors within the market framework.
Key market players are profiled and their strategies are analyzed thoroughly, which helps in understanding the competitive outlook of market.

Thermoform Packaging Market Key Segments

By Material

Plastics
Polyethylene Terephthalate (Pet)
Polyvinyl Chloride (Pvc)
Polyethylene (Pe)
High-Density Polyethylene (Hdpe)
Low-Density Polyethylene (Ldpe)
Others (Linear Low-Density Polyethylene And Others)
Polypropylene (Pp)
Polystyrene (Ps)
Others (Acrylonitrile Butadiene Styrene (Abs) And Cellulose Acetate)
Aluminum
Paper & Paperboard

By Type

Clamshell Packaging
Blister Packaging
Skin Packaging
Others (Windowed Packaging And Tubs & Cups)

By Heat Seal Coating

Water-Based
Solvent-Based
Hot Melt-Based

By End-User Industry

Food & Beverage
Electronics
Personal Care & Cosmetics
Pharmaceuticals
Others (Industrial Goods, And Automotive & Aerospace)

By Geography

North America
U.S.
Canada
Mexico
Europe
Uk
Germany
France
Spain
Italy
Rest Of Europe
Asia-Pacific
China
Japan
South Korea
India
Rest Of Asia-Pacific
Lamea
Brazil
Argentina
South Africa
Rest Of Lamea
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Amcor Limited
  • Anchor Packaging
  • Bemis Company, Inc.
  • Display Pack Inc.
  • DS Smith PLC
  • Pactiv LLC
  • MORE
Chapter 1 Introduction

1.1. Report Description
1.2. Key Benefits For Stakeholders
1.3. Key Market Segments
1.4. Research Methodology

1.4.1. Secondary Research
1.4.2. Primary Research
1.4.3. Analyst Tools And Models

Chapter 2 Executive Summary

2.1. CXO Perspective

Chapter 3 Market Overview

3.1. Market Definition And Scope
3.2. Key Findings

3.2.1. Top Investment Pockets
3.2.2. Top Winning Strategies

3.3. Market Dynamics

3.3.1. Drivers

3.3.1.1. Extensive Application Scope In End-User Industries
3.3.1.2. Growing Demand For Easy-To-Use And Packaged Food And Beverage Products
3.3.1.3. Growing Demand For Lightweight Packaging Products

3.3.2. Restraints

3.3.2.1. Fluctuation In Raw Material Prices To Hamper Market Growth
3.3.2.2. Growing Concerns Regarding Recycling And Disposal Of Plastic Packaging Products
3.3.2.3. Governmental Regulations Regarding Usage And Disposal Of Plastic Packaging Products

3.3.3. Opportunities

3.3.3.1. Shifting Focus Towards Lightweight Packaging
3.3.3.2. Advancements In Thermoformed Machine Technology

3.4. Patent Analysis

3.4.1. Patent Analysis By Year
3.4.2. Patent Analysis By Region
3.4.3. Patent Analysis By Company

3.5. Porters Five Forces Analysis

3.5.1. Bargaining Power Of Suppliers
3.5.2. Bargaining Power Of Buyers
3.5.3. Threat Of New Entrants
3.5.4. Threat Of Substitution
3.5.5. Intensity Of Competitive Rivalry

Chapter 4 Thermoform Packaging Market, By Type

4.1. Overview

4.1.1. Market Size And Forecast

4.2. Clamshell Packaging

4.2.1. Key Market Trends, Growth Factors, And Opportunities
4.2.2. Market Size And Forecast

4.3. Blister Packaging

4.3.1. Key Market Trends, Growth Factors, And Opportunities
4.3.2. Market Size And Forecast

4.4. Skin Packaging

4.4.1. Key Market Trends, Growth Factors, And Opportunities
4.4.2. Market Size And Forecast

4.4. Others

4.4.1. Key Market Trends, Growth Factors, And Opportunities
4.4.2. Market Size And Forecast

Chapter 5 Thermoform Packaging Market, By Material

5.1. Overview

5.1.1. Market Size And Forecast

5.2. Plastics

5.2.1. Key Market Trends, Growth Factors, And Opportunities
5.2.2. Market Size And Forecast
5.2.3. Polyethylene Terephthalate (Pet)
5.2.4. Polyvinyl Chloride (Pvc)
5.2.5. Polyethylene (Pe)
5.2.6. Polypropylene (Pp)
5.2.7. Polystyrene (Ps)
5.2.8. Acrylonitrile Butadiene Styrene (Abs)
5.2.9. Others

5.3. Aluminum

5.3.1. Key Market Trends, Growth Factors, And Opportunities
5.3.2. Market Size And Forecast

5.4. Paper & Paperboard

5.4.1. Key Market Trends, Growth Factors, And Opportunities
5.4.2. Market Size And Forecast

Chapter 6 Thermoform Packaging Market, By Heat Seal Coating

6.1. Overview

6.1.1. Market Size And Forecast

6.2. Water-Based

6.2.1. Key Market Trends, Growth Factors, And Opportunities
6.2.2. Market Size And Forecast

6.3. Solvent-Based

6.3.1. Key Market Trends, Growth Factors, And Opportunities
6.3.2. Market Size And Forecast

6.4. Hot Melt-Based

6.4.1. Key Market Trends, Growth Factors, And Opportunities
6.4.2. Market Size And Forecast

Chapter 7 Thermoform Packaging Market, By End-User Industry

7.1. Overview

7.1.1. Market Size And Forecast

7.2. Food & Beverage

7.2.1. Key Market Trends, Growth Factors, And Opportunities
7.2.2. Market Size And Forecast

7.3. Electronics

7.3.1. Key Market Trends, Growth Factors, And Opportunities
7.3.2. Market Size And Forecast

7.4. Personal Care & Cosmetics

7.4.1. Key Market Trends, Growth Factors, And Opportunities
7.4.2. Market Size And Forecast

7.5. Pharmaceuticals

7.5.1. Key Market Trends, Growth Factors, And Opportunities
7.5.2. Market Size And Forecast

7.6. Others

7.6.1. Key Market Trends, Growth Factors, And Opportunities
7.6.2. Market Size And Forecast

Chapter 8 Thermoform Packaging Market, By Geography

8.1. Overview

8.1.1. Market Size And Forecast

8.2. North America

8.2.1. Key Market Trends, Growth Factors, And Opportunities
8.2.2. Market Size And Forecast
8.2.3. U.S.

8.2.3.1. Market Size And Forecast

8.2.4. Canada

8.2.4.1. Market Size And Forecast

8.2.5. Mexico

8.2.5.1. Market Size And Forecast

8.3. Europe

8.3.1. Key Market Trends, Growth Factors, And Opportunities
8.3.2. Market Size And Forecast
8.3.3. Uk

8.3.3.1. Market Size And Forecast

8.3.4. Germany

8.3.4.1. Market Size And Forecast

8.3.5. France

8.3.5.1. Market Size And Forecast

8.3.6. Russia

8.3.6.1. Market Size And Forecast

8.3.7. Italy

8.3.7.1. Market Size And Forecast

8.3.8. Rest Of Europe

8.3.8.1. Market Size And Forecast

8.4. Asia-Pacific

8.4.1. Key Market Trends, Growth Factors, And Opportunities
8.4.2. Market Size And Forecast
8.4.3. China

8.4.3.1. Market Size And Forecast

8.4.4. India

8.4.4.1. Market Size And Forecast

8.4.5. Japan

8.4.5.1. Market Size And Forecast

8.4.6. Korea

8.4.6.1. Market Size And Forecast

8.4.7. Asean

8.4.7.1. Market Size And Forecast

8.4.8. Rest Of Asia-Pacific

8.4.8.1. Market Size And Forecast

8.5. Lamea

8.5.1. Key Market Trends, Growth Factors, And Opportunities
8.5.2. Market Size And Forecast
8.5.3. Brazil

8.5.3.1. Market Size And Forecast

8.5.4. Argentina

8.5.4.1. Market Size And Forecast

8.5.5. South Africa

8.5.5.1. Market Size And Forecast

8.5.6. Rest Of Lamea

8.5.6.1. Market Size And Forecast

Chapter 9 Company Profiles

9.1. Anchor Packaging Inc.

9.1.1. Company Overview
9.1.2. Operating Business Segments
9.1.3. Business Performance
9.1.4. Key Strategies And Developments

9.2. Bemis Company, Inc.

9.2.1. Company Overview
9.2.2. Operating Business Segments
9.2.3. Business Performance
9.2.4. Key Strategies And Developments

9.3. Sonoco Products Company

9.3.1. Company Overview
9.3.2. Operating Business Segments
9.3.3. Business Performance
9.3.4. Key Strategies And Developments

9.4. Amcor Limited

9.4.1. Company Overview
9.4.2. Operating Business Segments
9.4.3. Business Performance
9.4.4. Key Strategies And Developments

9.5. Placon Corporation

9.5.1. Company Overview
9.5.2. Operating Business Segments
9.5.3. Business Performance
9.5.4. Key Strategies And Developments

9.6. Display Pack Inc.

9.6.1. Company Overview
9.6.2. Operating Business Segments
9.6.3. Business Performance
9.6.4. Key Strategies And Developments

9.9. Pactiv Llc

9.9.1. Company Overview
9.9.2. Operating Business Segments
9.9.3. Business Performance
9.9.4. Key Strategies And Developments

9.8. E.I. Dupont Nemours And Company

9.8.1. Company Overview
9.8.2. Operating Business Segments
9.8.3. Business Performance
9.8.4. Key Strategies And Developments

9.9. Westrock Company

9.9.1. Company Overview
9.9.2. Operating Business Segments
9.9.3. Business Performance
9.9.4. Key Strategies And Developments

9.10. Ds Smith Plc.

9.10.1. Company Overview
9.10.2. Operating Business Segments
9.10.3. Business Performance
9.10.4. Key Strategies And Developments
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Amcor Limited
  • Anchor Packaging
  • Bemis Company, Inc.
  • Display Pack Inc.
  • DS Smith PLC
  • Pactiv LLC
  • MORE
Thermoform Packaging Market Report, forecasts that the global market was valued at $34,044 million in 2015, and is expected to reach $49,804 million by 2022, supported by a CAGR of 5.5% during the forecast period 2016 - 2022. Based on end-user industry, food & beverage segment occupied major share of the total market in 2015.

Rise in application in food & beverage packaging industry drive the growth of the global thermoform packaging market. Thermoform packages are light, odor-free, flexible, and moisture-free, and are thus preferred over wood and glass. Owing to these superior properties, the demand for thermoform packaging is expected to grow in the near future. Growth in consumer preference towards packaged and fresh food is also expected to augment growth of the global thermoform packaging market. Besides, macro-economic factors such as changes in lifestyle and improvement in standard of living are also expected to boost demand for thermoform packaging during the forecast period. Furthermore, emerging trends such as advancements in thermoform manufacturing technology, shift toward lightweight packaging, and rise in use of polylactic acid (PLA) films in thermoforming are expected to offer lucrative opportunities for the global thermoform packaging market during the forecast period.

The plastics segment accounted for the highest share, both in terms of value and volume, owing to the increase in usage in food & beverage, personal care & cosmetics, and pharmaceuticals industry. Among plastics, polyethylene terephthalate (PET) dominated the global thermoform packaging market throughout the forecast period.

Key findings of the Thermoform Packaging Market

North America dominated the global thermoform packaging market in 2015, accounting for over one-third of the share, in terms of revenue.
In 2015, thermoform packaging used in food & beverage industry accounted for two-fifths share of the global market.
On the basis of material type, the plastics segment accounted for more than 80% share in 2015, and is anticipated to maintain its lead during the forecast period.
Blister packaging accounted for majority of the share in 2015 and is anticipated to showcase fastest growth during the forecast period.
Germany generated more than one-fifth of the total revenue in the Europe thermoform packaging market in 2015, and is expected to show highest growth rate.
Asia-Pacific thermoform packaging market is expected to grow at the fastest rate throughout the forecast period.
Based on heat seal coating, solvent-based coating is the leading segment, accounting for more than half of the share of global thermoform packaging market in 2015.
In 2015, North America dominated the global thermoform packaging market with maximum share, in terms of both revenue and volume. This was attributed to the high percentage of manufacturers as well as consumers of thermoformed packages. Apart from that, Asia-Pacific is expected to grow with the fastest rate, registering value CAGR of 6.1% throughout the forecast period, owing to extensive demand in food & beverage and pharmaceuticals industries in the developing countries such as India and China.

The key players of thermoform packaging market profiled in this report are Anchor Packaging, Bemis Company, Inc., Sonoco Products Company, Amcor Limited, Placon Corporation, Display Pack Inc., Pactiv LLC, E.I. Du Pont Nemours and Company, Westrock Company, and DS Smith PLC.
Note: Product cover images may vary from those shown
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  • Anchor Packaging
  • Bemis Company, Inc.
  • Sonoco Products Company
  • Amcor Limited
  • Placon Corporation
  • Display Pack Inc.
  • Pactiv LLC
  • E.I. Du Pont Nemours and Company
  • Westrock Company
  • DS Smith PLC
Note: Product cover images may vary from those shown
6 of 5
Note: Product cover images may vary from those shown
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