Thin Wall Packaging Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2026

Sarasota, FL -- (SBWire) -- 01/25/2019 --Global Thin Wall Packaging Market: Overview

Thin wall packaging is a type of packaging solution which helps in protecting the products & goods from being contaminated as well as physical damage during transportation. Thin wall packaging including trays, clamshells, tubs, cups, and plastic jars provide protection to the products along with convenience.

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Global Thin Wall Packaging Market: Growth Factors

Escalating demand for pre-packaged food along with massive popularity of thin wall packaging across food & beverages sector is anticipated to scale up the growth trajectory of thin wall packaging market in the years ahead. Furthermore, demand for packaged food, on-the-go food, and ready-to-make items is rising among the working people and this is predicted to lucratively leverage the expansion of thin wall packaging market in the years ahead.

Increase in the urban population and rise in the disposable income of the consumers is likely to result in the exponential growth of the business in the years to come. In addition, rising preference for lightweight, cost-efficient, convenient, and end user friendly packaging will propel the thin wall packaging market size during the estimated timeframe.

However, strict regulations levied on food packaging along with oscillating raw material costs are few of the key factors that can put brakes on thin wall packaging market in the years ahead. In addition, strict legislations governing the use of plastics will further impede the growth of thin wall packaging market in the ensuing years.

Global Thin Wall Packaging Market: Segmentation

The global thin wall packaging market can be divided based on product type, production process, and application. Product wise, the thin wall packaging market is segmented into tubs, lids, jars, pots, trays, cups, and clamshells. Based on the production process, the market is divided into thermoforming and injection molding processes. On the basis of material, the market is divided into PP, PET, PVC, PS, and PE. Based on the application, the market is sectored into food and beverages types.

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Global Thin Wall Packaging Market: Regional Analysis

Based on regions, the global thin wall packaging market can be divided into five main regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Asia Pacific is anticipated to be the rapidly emerging region in the thin wall packaging market, in terms of value. Major factors such as rapid industrialization, rise in the middle-class population, bulging disposable income, ease of convenient & visible packaging, and the increase in demand for sustainable packed products particularly in the food & beverages sector are few of the major factors that are expected to drive the thin wall packaging market demand in the Asia Pacific during the estimated timeframe. Thriving ecommerce activities in the region will further drive the business trends in APAC.

Europe is projected to lead the overall thin wall packaging market over the estimated timeline, in terms of demand, owing to betterment of the regional economy, the increase in the consumption of packaged food products, evolving food service packaging sector, and the rise in retail chain activities across the globe. Massive intake of packaged food items will further steer the market demand in the region. Massive focus of the government to reduce packaging and food wastes will impel the market size.

Global Thin Wall Packaging Market: Competitive Players

The key players in the global thin wall packaging market include Amcor, Berry Global, Silgan Holdings, PACCOR, RPC Group , Reynolds Group, ILIP Srl , Mold-Tek Packaging , Greiner Packaging International, and Double H Plastics.

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Global Thin Wall Packaging Market: Regional Segment Analysis

North America
The U.S.
Europe
The UK
France
Germany
The Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa

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