The global thin wall packaging market size is expected to reach USD 70.92 Billion in 2028 and register a steady revenue CAGR of 4.5% over the forecast period, according to latest analysis by Emergen Research. Steady thin wall packaging market revenue growth can be attributed to increasing demand for more advanced packaging solutions from the food & beverage industry. In addition, increasing use of e-Commerce apps and websites for ordering food and beverages is expected to support revenue growth of the global thin wall market to a significant extent in the near future. Thin wall packaging is widely used in the food & beverage industry as it is ideal option for storing frozen dairy and food products and is used widely for deliveries through e-Commerce platforms.
The market has been substantially affected by the pandemic, and changes can be seen in the market dynamics and demand trends. Therefore, the report broadly assesses the comprehensive impact of the pandemic on the overall growth of the Thin Wall Packaging market, besides offering a future COVID-19 impact assessment. Furthermore, the report points out the effective business approaches undertaken by the market players to enhance their product portfolios and prosper considerably.
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Competitive Terrain:
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Thin Wall Packaging market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed in the report are:
Berry Global Group, Amcor, Silgan Holdings, Reynolds Group Holdings, RPC Group PLC, Paccor GmbH, Greiner Packaging International, IIip SRL, Double H Plastics and Mold-Tek Packaging
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Emergen Research has segmented the global Thin Wall Packaging market on the basis of type, application, end-use, and region:
Segments Covered in this report are:
Product Type Outlook (Revenue, USD Billion; 2018-2028)
- Cups
- Trays
- Tubs
- Jars
- Pots
- Lids
Production Process Outlook (Revenue, USD Billion; 2018-2028)
- Injection molding
- Thermoforming
Material Outlook (Revenue, USD Billion; 2018-2028)
- High-density and Low-density Polyethylene
- Polypropylene (PP)
- Polystyrene (PS)
- Polyvinyl Chloride (PVC)
- Polyethylene Terephthalate (PET)
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:
- Analysis and estimation of the Thin Wall Packaging Market size and share for the projected period of 2022-2030
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Thin Wall Packaging Market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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