Thermoforming Packaging Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Material (Plastic, Paper and Fibre, Aluminum), By Type (Clamshell packaging, Blister packaging), By End-User (Pharmaceuticals, Food and Beverage, Electronics, Cosmetics, Others) And By Geography - Forecasts From 2019 To 2024

 

Thermoforming is the process of heating a sheet of plastic until its softening point to form a specific shape in a mold. The key industry driving the demand for thermoforming packaging are the food and beverage, electronics, pharmaceuticals, and cosmetics among others. Growing food and beverage industry along with rising consumption of packed food is expected to drive the thermoforming packaging market. Furthermore, the increasing pharmaceutical industry coupled with the growing demand for blister packaging for carrying and storing of medicines through specific designs and specifications is anticipated to boost the demand for thermoforming packaging solutions. In addition, the increasing use of thermoforming packaging in electronics and other products owing tits light weight and attractive design feature is projected to drive the market. Furthermore, technological developments and increased R&D is expected to create opportunities for market growth during the forecast period.

 

DRIVERS

Growing food and beverage industry.

Growing demand in the pharmaceutical sector.

 

RESTRAINTS

Stringent government rules regarding plastic use

 

INDUSTRY UPDATES

In September 2018, Genpack LLC introduced a new thermoformed packaged product line Proview.

In April 2018, Fabri-Kal launched a thermoform packaging Tru-Ware square container.

In July 2017, Sonocproducts company acquired Clear Lam a manufacturer of flexible and forming plastic packaging films.

 

The major players profiled in the thermoforming packaging market include Amcor Limited, Bemis Company Inc., SonocProducts Company, Fabri-Kal, Genpack LLC, CJK Thermoforming Solutions LLC, Placon Corporation, VisiPak (Parent company-Sinclair and Rush Inc.), BlisterPak Inc., Berry Global Inc., AGOFORM GmbH, Dordan Manufacturing Company.

The thermoforming packaging market has been analyzed through the following segments:

 

Plastic

Paper and Fibre

Aluminum

 

Clamshell packaging

Blister packaging

 

Pharmaceuticals

Food and Beverage

Electronics

Cosmetics

Others

 

North America

USA

Canada

Mexico

 

South America

Brazil

Argentina

Others

 

Europe

Germany

France

United Kingdom

Spain

Others

 

Middle East and Africa

Saudi Arabia

Israel

Others

 

Asia Pacific

China

Japan

South Korea

India

Others

 

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Currency

1.5. Assumptions

1.6. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY

2.1. Research Design

2.2. Secondary Sources

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

4.1. Market Segmentation

4.2. Market Drivers

4.3. Market Restraints

4.4. Market Opportunities

4.5. Porter’s Five Forces Analysis

4.5.1. Bargaining Power of Suppliers

4.5.2. Bargaining Power of Buyers

4.5.3. Threat of New Entrants

4.5.4. Threat of Substitutes

4.5.5. Competitive Rivalry in the Industry

4.6. Life Cycle Analysis - Regional Snapshot

4.7. Market Attractiveness

5. THERMOFORMING PACKAGING MARKET BY MATERIAL

5.1. Plastic

5.2. Paper and Fibre

5.3. Aluminum

6. THERMOFORMING PACKAGING MARKET BY TYPE

6.1. Clamshell Packaging

6.2. Blister Packaging

7. THERMOFORMING PACKAGING MARKET BY END-USER

7.1. Pharmaceuticals

7.2. Food and beverage

7.3. Electronics

7.4. Cosmetics

7.5. Others

8. THERMOFORMING PACKAGING MARKET BY GEOGRAPHY

8.1. North America

8.1.1. USA

8.1.2. Canada

8.1.3. Mexico

8.1.4. Others

8.2. South America

8.2.1. Brazil

8.2.2. Argentina

8.2.3. Others

8.3. Europe

8.3.1. Germany

8.3.2. France

8.3.3. United Kingdom

8.3.4. Spain

8.3.5. Others

8.4. Middle East and Africa

8.4.1. Saudi Arabia

8.4.2. Israel

8.4.3. Others

8.5. Asia Pacific

8.5.1. China

8.5.2. Japan

8.5.3. South Korea

8.5.4. India

8.5.5. Others

9. COMPETITIVE INTELLIGENCE

9.1. Competitive Benchmarking and Analysis

9.2. Recent Investments and Deals

9.3. Strategies of Key Players

10. COMPANY PROFILES

10.1. Amcor Limited

10.2. Sonoco Products Company

10.3. Fabri-Kal

10.4. Placon Corporation

10.5. VisiPak (Parent company-Sinclair and Rush Inc.)

10.6. BlisterPak Inc.

10.7. Berry Global Inc.

10.8. Dordan Manufacturing Company

LIST OF TABLES

LIST OF FIGURES

Amcor Limited

Sonoco Products Company

Fabri-Kal

Placon Corporation

VisiPak (Parent company-Sinclair and Rush Inc.)

BlisterPak Inc.

Berry Global Inc.

Dordan Manufacturing Company.