Global Thermoformed Packaging Market to Grow at a CAGR of 5.02% During the Period 2016-2020

"The Report Global Thermoformed Packaging Market 2016-2020 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"

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Albany, NY -- (SBWire) -- 11/14/2016 --Polyethylene terephthalate (PET), polyvinyl chloride (PVC), and acrylonitrile butadiene styrene (ABS) are the primary raw materials used for thermoformed packaging. Polylactic acid (PLA) is also being used by many thermoformed packaging manufacturers as it is easier to print on PLA thermoformed packages.

Technavios analysts forecast the Global Thermoformed Packaging Market to grow at a CAGR of 5.02% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global thermoformed packaging market for 2016-2020. To calculate the market size, the report considers the revenue generated by packaging vendors through the sales of packaging solutions for different goods.

The market is divided into the following segments based on geography:

APAC
Europe
North America

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Technavio's report, Global Thermoformed Packaging Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Anchor Packaging
Bemis
RPC
Sealed Air
Silgan
Sonoco Plastics

Other prominent vendors
Genpak
Greiner Packaging
Pactiv
Placon

Market driver
Use of thermoformed packaging in thin-walled containers.
For a full, detailed list, view our report

Market challenge
Volatile prices of resin and petroleum products.
For a full, detailed list, view our report

Market trend
Growing trends toward lightweight packaging products.
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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View this press release online at: http://rwire.com/741786