Global Thin Wall Packaging Market is valued approximately USD 42.8 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 4.64% over the forecast period 2019-2026. The Thin Wall Packaging is helpful in protecting products and goods from contamination and physical damage during transportation. Packaging plays an important role in growth of any product-based business, as packaging provides protection, information transmission, convenience and security. With the rising demand for pre-packed and easily consumption food, the market for thin wall packaging is estimated to drive across the globe. The global market for thin wall packaging is set to flourish due to the rising demand from food & beverage industry, changing lifestyle, rapidly growth of urban population as well as increasing disposable income. The increasing demand for light-weight, customer-friendly, and cost-effective packaging, such as, packaging for cups, jars and food &beverages, and other such fragile products, has estimated to expand the growth of thin wall packaging market over the forecast period of 2019-2026.
The regional analysis of Global Thin Wall Packaging Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. The Europe is the leading region across the world. The market of thin wall packaging of Europe is rising in domestic demand for food products & exports, and an increased in the consumption of packed food products. The growth is attributed to the rapid industrialization, increasing middle-class income, and penetration of the e-commerce industry in this region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026.
Major market player included in this report are:
Amcor
Reynolds Group Holdings
Berry Global Group
RPC Group PLC
Silgan Holdings
Paccor GmbH (Coveris Rigid)
LLip SRL
Mold-Tek Packaging
Greiner Packaging International
Double H Plastics
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
Tubs
Cups
Trays
Jars
Clamshell
Pots
Lids
By Product Process:
Injection Molding
Thermoforming
By Application:
Food
Beverages
Others
By Material:
Polypropylene(PP)
High-Density Polyethylene(HDPE) and Low-Density Polyethylene(LDPE)
Polyethylene terephthalate (PET)
Polystyrene (PS)
Polyvinyl Chloride (PVC)
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year-2016, 2017
Base year-2018
Forecast period-2019 to 2026
Target Audience of the Global Thin Wall Packaging Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
For more information, click on the link below:
Global Thin Wall Packaging Market
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
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+91 9015378249