Thin Wall Packaging Market Size Estimated To Project USD 52,323.6 Million By 2023

Summary

****** Thin Wall Packaging Market Trends, Future Scope, Analysis, Size, Share by Product Type (Tubs, Cups, Trays, Jars, Clamshells, Pots, Lids), Material (Polypropylene, High Density Polyethylene, Polyethylene Terephthalate, Polystyrene, Polyvinyl Chloride, and Others), Production Process (Injection Molding, Thermoforming, and Others), Application (Food & Beverages, Electronics, Cosmetics and Others), By Region (North America, Europe, Asia-Pacific and Rest-of-the-World) – Forecast to 2023

Thin Wall Packaging Market Scenario

Thin wall packaging, a type of packaging solution helps protect products and goods from contamination, and physical damage during transportation.  Packaging plays a pivotal role in the growth of any product-based business. Over the past few years, the ****** thin wall packaging market has been rising sustainably, predominantly due to the accelerating demand for packaged food.

According to an eminent research firm, Market Research Future (MRFR), the ****** thin wall packaging market would reach a valuation of USD 52,323.6 MN by 2023, registering 4.10% CAGR throughout the forecast period (2017-2023). In the year 2017, the market valuation had settled at USD 41,045.2 MN.

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Major Players

Players leading the ****** thin wall packaging market include

  • Reynolds Group Holdings (Auckland)
  • Amcor Limited (Australia)
  • Berry ****** Inc. (US)
  • Silgan Holdings (US)
  • RPC Group PLC (UK)
  • Mold-Tek Packaging (India)
  • Ilip SRL (Italy)
  • Double H Plastics (US)
  • Groupe Guillin (France)
  • Greiner Packaging International GmbH (Austria), among others.

Competitive Landscape

Highly competitive, the thin wall packaging market appears to be fragmented characterized by the presence of several large and small-scale players.  These players incorporate strategic initiatives such as collaboration, acquisition, partnership, expansion, and technology launch to gain a competitive advantage in the market.

Manufacturers employ continuous improvement strategies to upgrade products. To achieve this goal, they implement improvements and use advanced technologies. And, thus, meet the changing needs of the consumer. These players invest substantially in research and development projects and develop state-of-the-art equipment, facilities, advanced technology, and processes.

****** Thin Wall Packaging Market –Segmentations

For a better understanding, the Thin Wall Packaging Market report has been segmented into five key dynamics:

By Product Type               : Cups, Tubs, Trays, Clamshells, Jars, Pots, and Lids, among others.

By Material                         : Polypropylene (PP), High-density Polyethylene (HDPE), Polyethylene Terephthalate (PET), Polystyrene (PS), and Polyvinyl Chloride (PVC), among others.

By Production Process   : Injection Molding and Thermoforming, among others.

By Application                   : Food & Beverages, Electronics, and Cosmetics, among others.

By Regions                          : North America, Asia Pacific, Europe, and the Rest-of-the-World.

Regional Analysis

The Asia Pacific region backed by its burgeoning food & beverages industry accounts for the largest share in the ****** thin wall packaging market.  Due to the rapid industrialization and penetration of the e-commerce industry, the region is expected to retain its dominance throughout the forecast period. Also, the growing demand for ready-to-eat products, especially among the working population, would drive the market in this region.

Moreover, the demand for sustainable packaged solutions from the F&B industry is further expected to foster the growth of the market. Factors such as the increasingly lucrative opportunities in the packaging industry and the large exports of fresh produce, especially from China and India, propel the regional market.

The thin wall packaging market in the European region holds the second-largest share, globally. The region would project a substantial market demand due to the improving economy, growth in the foodservice & packaging sector, and growing consumption for packaged food products. Changing lifestyles and the increasing demand from the eCommerce sector is allowing the thin wall packaging market in the region to increase rapidly.

North America thin wall packaging market is multiplying too mainly due to the demand for convenience packaging, which is led by the growing online food delivery market. Stringent government regulations for packaging of edible items and the ever increasing demand for quality packaging are driving the regional market growth. Higher disposable income is a key driving force behind the significant demand for efficient packaging in the F&B industry.

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Table Of Contents

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat Of New Entrants

3.1.2 Bargaining Power Of Buyers

3.1.3 Threat Of Substitutes

3.1.4 Segment Rivalry

3.1.5 Bargaining Power Of Buyers

3.2 Value Chain/Supply Chain Analysis

Continues…..

List Of Figures

FIGURE 1 Research Process Of MRFR

FIGURE 2 Top Down & Bottom Up Approach

FIGURE 3 Market Dynamics

FIGURE 4 Impact Analysis: Market Drivers

FIGURE 5 Impact Analysis: Market Restraints

FIGURE 6 Porter’s Five Forces Analysis

Continues…….

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