Thin Wall Packaging Market Share, Trend, Segmentation and Forecast to 2026

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Thin Wall Packaging Market Share, Trend, Segmentation and Forecast to 2026

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The rising demand for packaged food and increase in customer-friendly and lightweight packaging are driving the growth of the market. – PowerPoint PPT presentation

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Title: Thin Wall Packaging Market Share, Trend, Segmentation and Forecast to 2026


1
Thin Wall Packaging Market To Reach USD 61.32
Billion By 2026
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2
Market Summary
The rising demand for packaged food and increase
in customer-friendly and lightweight packaging
are driving the growth of the market. Thin Wall
Packaging Market Size USD 43.07 Billion in
2018, Market Growth - CAGR of 4.5, Market Trends
Rapid urbanization and increase in disposable
income.
3
Our Approach
Market Summary
  • The global thin wall packaging market is forecast
    to reach USD 61.32 Billion by 2026, according to
    a new report by Reports and Data. Thin wall
    packaging solution helps protect goods from
    physical damage and contamination during freight.
    Rising demand for pre-packaged food is driving
    the market for thin wall packaging. Thin wall
    packaging technology is used mainly to protect
    goods from contamination from an external source.
    It also protects the content from physical damage
    as well.
  • Products such as tubs, cups, trays, plastic jars,
    and clamshells offer protection and convenience
    for the product, which adds on to consumer
    appeal, simultaneously reducing carbon footprint.
    Increase in demand for thin wall packaging
    products in the food and beverage industry is
    also propelling the market demand. Growing urban
    population, increase in disposable income, and
    change in lifestyle are boosting the market. The
    need for packaged food has augmented among the
    consumers, owing to their lightweight feature,
    cost-effective, and customer-friendly packaging.
  • Key participants Amcor, Reynolds Group Holdings,
    Berry Global Group, RPC Group PLC, Silgan
    Holdings, Paccor GmbH, Ilip SRL, Mold-Tek
    Packaging, Greiner Packaging International, and
    Double H Plastics, among others.
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    /1791

4
Our Approach
Market Summary
  • For the purpose of this report, Reports and Data
    have segmented into the global thin wall
    packaging market on the basis of product type,
    production process, application, materials, and
    region
  • Product Type Outlook (Volume Kilo Tons Revenue
    USD Billion 2016-2026)
  • Tubs
  • Trays
  • Cups
  • Jars
  • Clamshells
  • Pots
  • Lids
  • Production Process Outlook (Volume Kilo Tons
    Revenue USD Billion 2016-2026)
  • Injection Molding
  • Thermoforming

5
Our Approach
Market Summary
  • Applications Outlook (Volume Kilo Tons Revenue
    USD Billion 2016-2026)
  • Food
  • Beverage
  • Others
  • Material Outlook (Volume Kilo Tons Revenue
    USD Billion 2016-2026)
  • Polypropylene (PP)
  • High-Density Polyethylene (HDPE) and Low-Density
    Polyethylene (LDPE)
  • Polyethylene Terephthalate (PET)
  • Polystyrene (PS)
  • Polyvinyl Chloride (PVC)
  • Others
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6
Our Approach
Market Summary
  • Further key findings from the report suggest
  • Polypropylene (PP) held a market share of 26.3
    in the year 2018 and is forecasted to grow with
    the highest CAGR of 5.2 during the forecast
    period. Propylene's unique properties and ability
    to adapt to different fabrication techniques make
    invaluable material for a wide range of uses.
    Another valuable characteristic is
    polypropylenes ability to function as both a
    plastic material and as a fiber.
  • Thin wall packaging material like Jars is
    forecasted to grow with the highest CAGR of 5.0
    during the forecast period. High demand from food
    packaging industry such as confectionaries,
    bakery items, ketchup, and mayonnaise as well as
    personal care, cosmetics packaging products, and
    medicines is also expected to propel the growth
    of the market.
  • Injection Molding held a larger market share of
    59.7 in the year 2018. This process is popular
    for thin wall packaging as they are accurate,
    fast, efficient, flexible, and cost-effective.
    Molded parts are produced with high-quality
    surface finishes, so no further processing is
    needed.
  • The food industry is forecasted to hold the
    largest market share of 37.8 in the year 2026.
    Increase in demand for single-serve and portion
    control products, concern for the environment,
    and growing consumption of packaged food are
    augmenting the growth of the market in the food
    industry.
  • Read More _at_ https//www.reportsanddata.com/report-
    detail/thin-wall-packaging-market

7
Our Approach
About Us
  • Reports and Data is a market research and
    consulting company that provides syndicated
    research reports, customized research reports,
    and consulting services. Our solutions purely
    focus on your purpose to locate, target and
    analyze consumer behavior shifts across
    demographics, across industries and help clients
    make a smarter business decision. We offer market
    intelligence studies ensuring relevant and
    fact-based research across a multiple industries
    including Healthcare, Technology, Chemicals,
    Power, and Energy. We consistently update our
    research offerings to ensure our clients are
    aware about the latest trends existent in the
    market. Reports and Data has a strong base of
    experienced analysts from varied areas of
    expertise.
  • Contact Us
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  • Head of Business Development
  • Reports And Data Web www.reportsanddata.com
  • Direct Line 1-212-710-1370
  • E-mail sales_at_reportsanddata.com
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