Thermoform Packaging Market is projected to reach US$57.6 bn by the end of 2024 as compared to US$36.4 bn in 2016; global market for thermoform packaging is expected to progress at a CAGR of 5.9%
Albany, NY -- (SBWIRE) -- 09/06/2017 -- Global Thermoform Packaging Market: Overview
This report provides forecast and analysis of the thermoform packaging market on the global and regional level. The study provides historic data of 2015 along with forecast from 2016 to 2024 based on volume ('000' KT) and revenue (US$ Mn). It includes drivers, restraints and the ongoing trend of the retort packaging market along with their impact on demand during the forecast period. The report also comprises the study of opportunities available in the market for thermoform packaging on the global and regional level. It includes value chain analysis with list of raw material & technology suppliers, thermoform packaging manufacturers, distributor & suppliers and end users in the value chain.
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In order to provide the users of this report with comprehensive view of market, we have included detailed competitiveness analysis and company players. The competitive dashboard provides detailed comparison of thermoform packaging manufacturers on parameters such as company's revenue, unique selling propositions and key strategic developments. The study encompasses market attractiveness analysis, by packaging type, material type, application type, and by geographic region.
Global Thermoform Packaging Market: Scope
Market statistics have been estimated based on average consumption and weighted average pricing of thermoform packaging by packaging type and the revenue is derived through regional pricing trends. Market size and forecast for each segment have been provided in the context of global and regional markets. The thermoform packaging market has been analyzed based on expected demand. Prices considered for the calculation of revenue are average regional prices obtained through primary quotes from numerous thermoform packaging manufacturers, suppliers, and distributors. All key end users have been considered and potential applications have been estimated on the basis of secondary sources and feedback from primary respondents.
Global Thermoform Packaging Market: Regional Outlook
Regional demand patterns have been considered while estimating the market for various end users of thermoform packaging in different regions. Top-down approach has been used to estimate the thermoform packaging market by regions. Market numbers for global packaging type, material type and application segments have been derived using the bottom-up approach, which is cumulative of each region's demand. The market has been forecast based on constant currency rates.
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Global Thermoform Packaging Market: Research Methodology
A number of primary and secondary sources were consulted during the course of the study. Secondary sources include Factiva, World Bank, Packaging Digest, Plastic Manufacturers Association, Society of the Plastics Industry, Plastics Europe, and Hoover's, and company annual reports and publications.
Key Players Mentioned in this Report are:
The report provides detailed competitive outlook including company profiles of key participants operating in the global market. Key players in the global thermoform packaging market include, Amcor limited, Bemis Company, Inc., Placon Corporation, Sonoco Products Company, HUHTAMAKI GROUP, Tray-Pak Corporation, Display Pack Inc., Anchor Packaging, Inc., PACTIV LLC and D&W FINE PACK.