Thermoforming process involves molding of a specific sized thermoplastic sheet with the help of external pressure applied by vacuum, air or mechanical means for production of plastic products. The thermoplastic sheet is softened to a particular extent by heating and clamping process. These plastic products formed by thermoforming are widely used in different industries such as food & beverages, automobile, construction, aviation & aerospace and medical industry.
Market Dynamics
The global thermoformed plastic products for food & beverage industry market has witness a growth in recent few years, owing to its rising demand of packaged fluids such as mineral water, fruit juices milk, and carbonated drinks. Consumers are now preferring packed products over unpacked products owing to rise in awareness of health and hygiene. This scenario is expected to foster the market growth during the forecast period.
In addition to this, the companies involved in production of plastic packaging products are encouraging the use of thermoformed plastic as they provide a low cost alternative to the conventionally used plastic, which is formed by the procures of mechanical extrusion. Moreover, it also provides more scope to the companies for package their products in more aesthetically enhanced presentation. These factors are expected to fuel the growth of global thermoformed plastic products for food & beverage industry market.
Key features of the study:
- This report provides in-depth analysis of global thermoformed plastic products for food & beverage industry market size (US$ Billion and Thousand Tons), and Compound Annual Growth Rate (CAGR %) for the forecast period (2023 – 2030), considering 2022 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights into market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
- It profiles leading players in the global thermoformed plastic products for food & beverage industry market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study includes Clear Lam Packaging, Inc., D&W Fine Pack, Huhtamaki, Placon, Anchor Packaging, Inc., Berry Plastics Corporation, Reynolds, Silgan Holdings, Inc., and Tray-Pak Corporation
- Insights from this report would allow marketers and the management authorities of companies to make in Material Typed decision regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
- The global thermoformed plastic products for food & beverage industry market report caters to various stakeholders in this industry including investors, suppliers, global thermoformed plastic products for food & beverage industry manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global thermoformed plastic products for food & beverage industry market
Detailed Segmentation:
- Global Thermoformed Plastic Products For Food & Beverage Industry Market, By Product Type:
- Global Thermoformed plastic products for food & beverage industry Market, By Application:
- Packaging
- Food Serving Articles
- Others (Containers)
- Global Thermoformed Plastic Products For Food & Beverage Industry Market, By Region:
- North America
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Europe
- Nordic
- U.K.
- Italy
- Poland
- Russia
- Ukraine
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- Africa
- Rest of Middle East & Africa
- Company Profiles
- Clear Lam Packaging, Inc. *
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- D&W Fine Pack
- Huhtamaki Group
- Placon
- Anchor Packaging, Inc.
- Berry Plastics Corporation
- Reynolds
- Silgan Holdings, Inc.
- Tray-Pak Corporation
“*” marked represents similar segmentation in other categories in the respective section.
