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Thermoform Packaging Market by Material (Plastic, Aluminum, Paper & Paperboard), Heat Seal Coating (Water-Based, Solvent-Based, Hot Melt-Based), Type (Blister Packaging, Clamshell Packaging, Skin Packaging), End-Use Industry - Global Forecast to 2021<br>
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Thermoform Packaging Market by Material, Heat Seal Coating, Type, End-Use Industry - Global Forecast to 2021 Speak To Analyst
The global Thermoform Packaging Marketwas valued at USD 32.26 Billion in 2015 and is projected to reach USD 44.55 Billion by 2021, at a CAGR of 5.61%. The base year considered for the study is 2015 and the market size is forecasted from 2016 to 2021. The primary objective of the study is to define, segment, and project the thermoform packaging market size on the basis of material, type, heat seal coating, end-use industry, and region. The study also aims at strategically analyzing micromarkets with respect to individual growth trends, future prospects, and their contribution to the total market.
Research Methodology: The total market size for thermoform packaging was calculated, and accordingly, the percentage was allotted to different sectors in each of the segments. This allotment and calculation were done on the basis of extensive primary interviews and secondary research. Primary research involved in this report includes extensive interviews with key people such as CEOs, VPs, directors, and executives. After arriving at the overall market size, the total market was split into several segments and subsegments. These data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The breakdown of profiles of primary respondents is depicted in the figure below. REQUEST BUNDLE REPORTS
Key Target Audience • Manufacturers of thermoform packaging • Importers and exporters of thermoform packaging • Traders, distributors, and suppliers of thermoform packaging • End users (food & beverage, pharmaceuticals, electronics, and home & personal care industries) • Scope of the report: • This research report categorizes the thermoform packaging market based on type, material, heat seal coating, end-use industry, and region. • Geographic Analysis • Further analysis of thermoform packaging market for additional countries
Europe projected to account for the largest share in the thermoform packaging market in 2021 Europe, with developed economies such as Germany and U.K., is expected to drive the thermoform packaging market. Germany is projected to account for the largest market share and dominate the European thermoform packaging market in 2021. The growing pharmaceuticals and food & beverage industries are likely to drive the demand for thermoform packaging in Germany. In addition to this, the country’s large consumer base, overall positive economic environment, and increase in manufacturing activities will drive demand in the packaging industry. Download PDF Brochure
The major players include Amcor Limited (Australia), Bemis Company, Inc. (U.S.), E.I du Pont de Nemours and Company (U.S.), WestRock Company (U.S.), DS Smith Plc (U.K.), and Sonoco Products Company (U.S.). Companies have adopted strategies such as mergers & acquisitions to cope with the increasing demand in the emerging markets. GET 10% FREE CUSTOMIZATION ON THIS REPORT !!!
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