MARKET INTRODUCTION
Thin wall packaging is used to safeguard products and goods from physical damage as well as contamination during shipping. It is usually preferred to protect goods from contamination from the human touch and external environment. The food & beverage industry majorly uses it; however, thin wall packaging for non-food application, such as household products and personal care products, are also increasing.
MARKET DYNAMICS
The thin wall packaging market is propelling owing to the increasing demand from the food & beverage industry, the rapid growth of urban population, changing lifestyles, as well as increasing disposable income. Furthermore, the rising demand for customer-friendly, light-weight, and cost-effective packaging is expected to drive the growth of thin wall packaging market. Moreover, stringent regulations for food and consumer safety is another key factor driving the thin wall packaging market. The rising demand for ready-to-eat, packaged food, and food-on-the-go, offers a lucrative opportunity to the thin wall packaging market.
MARKET SCOPE
The "Global Thin wall packaging Market Analysis to 2028" is a specialized and in-depth study of the thin wall packaging industry with a special focus on the global market trend analysis. The report aims to provide an overview of thin wall packaging market with detailed market segmentation by product, manufacturing process, material, and geography. The global thin wall packaging market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading thin wall packaging market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global thin wall packaging market is segmented on the basis of product, manufacturing process, and material. Based on the product, the market is segmented into tubs, trays, cups, clamshells, jars, pots, and others. Further, the manufacturing process segment of thin wall packaging market is bifurcated into thermoforming and injection molding. By material, the thin wall packaging market is categorized into polypropylene, polyethylene terephthalate, polystyrene, polyvinyl chloride, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global thin wall packaging market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and South America (SAM). The thin wall packaging market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the thin wall packaging market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and SAM after evaluating political, economic, social and technological factors affecting the thin wall packaging market in these regions.
MARKET PLAYERS
The reports cover key developments in the thin wall packaging market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from thin wall packaging market are anticipated to lucrative growth opportunities in the future with the rising demand for thin wall packaging in the global market. Below mentioned is the list of few companies engaged in the thin wall packaging market.
The report also includes the profiles of key thin wall packaging companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Amcor
- Berry Global Group
- Double H Plastics
- Greiner Packaging International
- Ilip SRL
- Mold-Tek Packaging
- Paccor GmbH
- Reynolds Group Holdings
- RPC Group PLC
- Silgan Holdings
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.