Market Insights and Analysis: Thermoform Packaging Market Overview and Projections (2024-2030)

The Global Thermoform Packaging Market size was valued at about USD 52.1 billion in 2023 & is projected to grow at a CAGR of around 5.7% during the forecast period, i.e., 2024-30.

Top leading companies in the Thermoform Packaging Market includes:

Ds Smith, Amcor, Sonoco Products Company, Huhtamaki Oyj, Westrock Company, Berry Global Group, Inc., Sealed Air Corporation, Constantia Flexibles, Greiner Ag, Faerch Group, Anchor Packaging, Display Pack Inc., Tekniplex, Dart Container Corporation, G. Mondini Spa, and others

Industry Recent Development:

  • 2023: DS Smith announced its plans to acquire Bosis doo, a respected packaging company headquartered in Serbia.
  • 2022: Amcor unveiled its latest innovation, the Amcor HealthCare OrthoSecure thermoformed trays tailored specifically for medical use.

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Report Segmentation:

The market is categorized into the following segments in the report:

By Type

-Blister Packaging

-Clamshell Packaging

-Skin Packaging

-Others

  • The blister packaging segment emerges as the dominant force within the thermoform packaging industry, capturing the highest market share and exhibiting a robust growth trajectory, outpacing alternatives like clamshell and skin packaging.

By Material

-Plastic

-Aluminum

-Paper & Paperboat

By Heat Seal Coating

-Solvent-Based

-Water-Based

-Hot-Melt-Based

By End-Use Industry

-Food & Beverages

-Pharmaceuticals

-Electronics

-Home & Personal Care

-Others

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Thermoform Packaging Market Geographic Reach:

The Geographic Reach of the Thermoform Packaging Market evaluates the spread and significance of Thermoform Packaging market consumption across different regions/country, emphasizing areas with the largest market size and the most promising growth potential.

  • North America: US, Canada, Mexico
  • Europe: Germany, The UK, France, Spain, Italy, Rest of Europe
  • Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific
  • South America: Brazil, Argentina, Rest of South America
  • Middle East & Africa: UAE, Saudi Arabia, South Africa, Rest of MEA

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