What is the current Thermoform Packaging Market size?

The Thermoform Packaging Market is projected to register a CAGR of 9% during the forecast period (2024-2029) Read More

Who are the key players in Thermoform Packaging Market?

Amcor PLC, Sonoco Products Company, DS Smith plc, WestRock Company and Anchor Packaging, Inc. are the major companies operating in the Thermoform Packaging Market. Read More

Which is the fastest growing region in Thermoform Packaging Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Thermoform Packaging Market?

In 2024, the North America accounts for the largest market share in Thermoform Packaging Market. Read More

What years does this Thermoform Packaging Market cover?

The report covers the Thermoform Packaging Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Thermoform Packaging Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Thermoform Packaging Market

Thermoform Packaging Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers Global Thermoform Packaging Market Size and it is segmented by Material(Plastic, Paperboard, Aluminum), Product Type(Blisters, Clamshell, Trays & Lids), End-user Industry(Pharmaceutical, Food & Beverage, Electronics), and Geography.

Thermoform Packaging Industry Overview

The competitive rivalry in the thermoform packaging market is high owing to the presence of some key players such as Amcor, Mondi group and many more. The thermoforming market has witnessed mergers and acquisitions by the players that enables them to not only the market footprint but also fuel the market growth. Also through continuous research and development activities, the players in the market have been able to bring about innovations in their offerings that allow them to provide sustainability to its consumers.

October 2019 - COEXPAN launchedCorePET, the new 100% rPET sheet specifically formulated for the thermoform packagingmarket.
June 2019 -Mondi Groupdeveloped a fully-recyclable polypropylene film for usagein thermoforming of flexible films for modified atmosphere packaging (MAP) and vacuum packaging, with the ability to extend the shelf life of products such as meat and cheese. The developmentoffers a 23% reduction in carbon footprint compared to existing packaging,top and bottom web, with an internal barrier layer that comprises less than 5% of the entire structure, making it fully recyclable in existing waste streams.