Industrial Thermoform Packaging Market 2021-2027 Trends, Research Report, Growth Trends, Opportunities, Forecast to 2027

The global thermoforming packaging market size is valued at USD 428.6 billion in 2020 and is expected to grow at a CAGR of 5% from 2021 to 2027. Increasing demand for packaged food including cooked food, packaged meat and seafood products, and increasing prevalence of organizations and electronic retail networks worldwide are expected to drive the market growth during the forecast period. In the thermoforming process, a thermoplastic sheet is heated to a softening temperature, and then a mold is used to transform it into the desired shape. Most commonly, heat, vacuum and pressure are used on these sheets to produce the final product.

Key Market Players

• Amcor
• Sonoco Products Company
• Placon Corp.
• Display Pack, Inc.
• Pactiv LLC
• Dart Container Corp.
• Constantia
• Tray-Pak Corp.
• D&W Fine Pack
• Lacerta Group, Inc.
• RPC Group Plc
• Silgan Holdings, Inc.
• Sinclair & Rush, Inc.
• Rompa Group

Thermoform Packaging Market: Segmentation

Based on Type, the market has been segmented as follows:

• Blister packaging
• Clamshell packaging
• Skin packaging
• Others (windowed packaging, tubs, cups, and trays)

Based on Heat Seal Coating, the market has been segmented as follows:

• Water-based heat seal coating
• Solvent-based heat seal coating
• Hot-melt-based heat seal coating

Based on Material, the market has been segmented as follows:

• Plastic
• Aluminum
• Paper & paperboard

Based on End-Use Industry, the market has been segmented as follows:

• Food & beverage
• Pharmaceuticals
• Electronics
• Home & personal care
• Others (motor vehicles/spare parts and aerospace components)

Key Questions Answered by Thermoform Packaging Market Report

• What was the Thermoform Packaging Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Thermoform Packaging Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
• Which manufacturer/vendor/players in the Thermoform Packaging Market was the market leader in 2020?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume