Thermoformed Packaging Manufacturer 
                      
Summary 
Global Thermoformed Packaging Manufacturer Market, By Material (Plastic, Paper & 
Paperboard, Aluminum), Type (Blister Packaging, Skin Packaging, Clamshell Packaging, 
Others), Heat Seal Coating (Water-Based, Solvent-Based, Hot Melt-Based), Application and 
Region - Forecast 2023 
Thermoformed Packaging Manufacturer Market Overview 
The global Thermoformed Packaging Manufacturer Market is prognosticated to rise at a promising 
5.72% CAGR during the assessment period (2017-2023). Thermoforming is a manufacturing 
technique where plastic sheets are heated to a flexible forming temperature, created to a definite 
shape and trimmed for creating a usable product. It is widely in demand especially in the food and 
beverage industry for packaging fresh foods to retain its nutrients and also prevent the food from 
perishing. The common thermoformed items comprise of lids, tray, blisters and clamshells. 
Clamshells and blisters are mostly used in retail packaging in the electronics industry. Thermoform 
packages are flexible, moisture-free, odor-free and light, thus are chosen over glass and wood.  
 
There are abundant factors that is propelling the growth of the Thermoformed Packaging 
Manufacturer Market. These factors as per the MRFR (Market Research Future) report include 
consumer preference for fresh and packaged food, change in lifestyle, change in the standard of 
living, thermoform manufacturing technology advancements, environmental benefits, rise in 
utilization of PLA (polylactic acid) in thermoforming and shift to lightweight packaging. 
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Competitive Analysis 
The major market players operating in the global thermoform blister packaging market as 
identified by MRFR are  
Sealed Air Corporation 
Bemis Company Inc. 
E.I. du Pont de Nemours and Company 
Display Pack Inc. 
Tray Pack Corporation 
RPC Group Plc 
Constantia Flexibles Group GmbH 
Anchor Packaging 
Tekni-Plex Inc. 
Lacerta Group 
Silgan Holdings Inc. 
DS Smith Plc 
Sonoco Products Company 
WestRock Company, and Amcor Limited. 
Segmental Analysis 
the global Thermoformed Packaging Manufacturer Market has been analyzed based on type, 
material, heat seal coating, and application. Based on the material, the Thermoformed Packaging 
Manufacturer Market is segmented into paper & paperboard, plastic, and aluminum. The plastic 
was accounted for the largest market share in 2016, as it offers high barriers, temperature 
resistance, cost efficiency, and durable packaging. Plastic in the form of PE, PVC, PP, and others 
are also used largely in plastic thermoform packaging segment. 
Based on the heat seal coating, the market is segmented into solvent-based, water-based, and hot 
melt-based. The solvent-based heat seal coating segment was accounted for the largest market 
share of in 2016 owing to its numerous advantages such as strong bond strength that can be 
treated at different temperatures and resistance to water and grease. Water-based heat seal 
coating is slated to grow at the highest CAGR during the review period since it provides a strong 
bond between corrugated and polyethylene skin pack films and decreases several adhesion issues 
of thermoform packaging. 
Based on the application, the market is classified into pharmaceuticals, food & beverage, 
electronics, personal care, and others. The food & beverage segment was accounted for the 
largest market share in 2016. Thermoformed products are essentially used by the food industry 
for the packing of fruits, vegetables, meat, fish, poultry, in addition to prepared meals, and 
storage products. Pharmaceutical is also a major application of the thermoform packaging. 
Regional Analysis 
The global thermoform packaging market is segmented, on the basis of region, into the Asia 
Pacific, North America, Europe, and the Middle East and Africa. 
Europe is anticipated to be the major regional Thermoformed Packaging Manufacturer Market 
over the review period due to the solid presence of the food & beverage and pharmaceutical 
industries in the region. The rising demand for packaged food is likely to drive the 
Thermoformed Packaging Manufacturer Market in the region over the review period, due to the 
presence of a higher industrial base such as food and beverages, automobiles, and 
pharmaceuticals. the U.K, Germany, and France are the major markets in the region.  
North America is another major region in the Thermoformed Packaging Manufacturer Market, 
mainly owing to the presence major retail chains such as The Kroger Co. and Walmart Stores. 
The U.S. contributes to a major share of the North American market. 
Asia Pacific is slated to witness the highest growth rate in the global Thermoformed Packaging 
Manufacturer Market over the forecast period due majorly to the growing e-commerce industry, 
which uses thermoform packaging on a large scale to pack various products. Additionally, high 
growth in population and growing purchase power of the consumers fuel the growth of the 
market. Thailand, China, and India are vital contributors to Asia Pacific market. China holds the 
largest market share in the region, mainly owing to fast growth in urbanization and industrial 
development over the assessment period. 
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