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Thin Wall Packaging Market Size was valued at USD 42.15 Billion in 2022. During the forecast period (2023-2030), the thin wall packaging market is expected to increase in value from USD 44.12 Billion in 2023 to USD 61.10 Billion in 2030, representing a CAGR (compound annual growth rate) of 5.10%. The primary market drivers that are increasing the growth of the market are the increasing urban population and the increasing disposable income.
In order to calculate the current market size for thin wall packaging materials, the research entailed four primary steps. Information about the market, the peer market, and the parent market was gathered through extensive secondary research. The next stage was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. The total market size was calculated using both a top-down and bottom-up methodology. The size of the individual segments and subsegments of the market was then estimated using market breakdown and data triangulation.
The industry that develops and distributes thin wall packaging options is known as the thin wall packaging market. These sturdy yet lightweight packaging materials see heavy application in the consumer goods, healthcare, and food and beverage industries. Polymers, such as polypropylene (PP) and high-density polyethylene (HDPE), are frequently used to make thin wall packing. These materials allow the product to be both sturdy and lightweight. Dairy products, ready-to-eat meals, baked goods, fruits, and vegetables are just few of the many products commonly packaged in thin wall packaging. It's also used in the medical industry for things like drug and device packaging. The ongoing expansion of the thin wall packaging market can be attributed to several factors, including the increasing popularity of convenience meals, the shifting tastes of consumers, and the spread of urban centers. Emerging economies are mostly responsible for this market's rapid expansion.
Increasing demand from the food and beverage industry, a rapidly expanding urban population, shifting consumer preferences, and rising disposable income are all factors driving growth in the thin wall packaging market. As a result, the thin wall packaging market is anticipated to expand due to the increasing need for environmentally friendly, lightweight, and reasonably priced packaging. Moreover, tight requirements for food and consumer safety is another significant driver driving the thin wall packaging industry. The thin wall packaging market stands to benefit greatly from the increasing demand for ready-to-eat, packaged, and food-on-the-go products.
The rising need for convenient and lightweight packaging is the primary factor propelling the CAGR of the thin wall packaging market. Excellent organoleptic qualities, outstanding flowability, shorter cycle times, balanced mechanical properties, and a cost-effective manufacturing technique all contribute to thin-walled packaging's high efficiency. Thin-walled plastic containers are available in a wide range of sizes, shapes, and colors (including clear, translucent, and opaque varieties) to cater to a wide range of needs and preferences. Plastic containers with personalized printing are also available to meet unique tastes and purposes. In addition, they may be used for a wide range of packaging purposes and are available in a wide variety of designs, making them universally appealing and contributing to the expansion of the market.
Containers can be made from a wide variety of plastics, including polypropylene, polystyrene, white polypropylene, and different translucent and colored polymers. It's possible that polythene terephthalate can withstand scratches and abrasions, as well as acid damage from fruits and vegetables. Market expansion is being fueled by the increasing use of thin-walled plastic containers due to their portability.
Additionally, the primary driver of market revenue growth is the rising demand for thin wall packaging solutions, which help to safeguard products from physical damage and contamination during transportation. Thin wall packaging is commonly used to prevent product contamination and content damage during shipping. Increased stackability during storage, reduced weight, and other features of thin wall packaging are also contributing to the market's expansion. However, it reduces harmful pollutants and fuel use, making for a more sustainable economy and a more lucrative market overall.
Report Coverage
Global Thin Wall Packaging research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Thin Wall Packaging report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Thin Wall Packaging competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Thin Wall Packaging market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Thin Wall Packaging market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Thin Wall Packaging market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Amcor Limited (Australia), Reynolds Group Holdings (Auckland), Berry Inc. (The U.S.), RPC Group PLC (U.K, Silgan Holdings (The U.S.), Mold-Tek Packaging (India), Double H Plastics (The U.S.), lip SRL (Italy), Greiner Packaging International GmbH (Austria), and Groupe Guillin (France), PACCOR GROUP, Novio Packaging B.V., Omniform, Takween Advanced Industries, Sanpac, Uniplast Knauer GmbH & Co. KG, Sunrise Plastics, Insta Polypack, PLASTIPAK INDUSTRIES INC., Jrd International, Shree Rama Multi-Tech Ltd., ACMEPAK PLASTIC PACKAGING, LTD., Faerch A/S.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Thin Wall Packaging market based on the below-mentioned segments:
Global Thin Wall Packaging Market, By Product Type
Polypropylene
High Density Polyethylene
Polyethylene Terephthalate
Polystvrene
Polyvinyl Chloride
Others
Global Thin Wall Packaging market, By Application
Food & Beverages
Electronics
Cosmetics
Others
Global Thin Wall Packaging Market, By Material
Tubs
Cups
Trays
Jars
Clamshells
Pots
Lids
Global Thin Wall Packaging market, Regional Analysis
In order to calculate the current market size for thin wall packaging materials, the research entailed four primary steps. Information about the market, the peer market, and the parent market was gathered through extensive secondary research. The next stage was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. The total market size was calculated using both a top-down and bottom-up methodology. The size of the individual segments and subsegments of the market was then estimated using market breakdown and data triangulation.
The industry that develops and distributes thin wall packaging options is known as the thin wall packaging market. These sturdy yet lightweight packaging materials see heavy application in the consumer goods, healthcare, and food and beverage industries. Polymers, such as polypropylene (PP) and high-density polyethylene (HDPE), are frequently used to make thin wall packing. These materials allow the product to be both sturdy and lightweight. Dairy products, ready-to-eat meals, baked goods, fruits, and vegetables are just few of the many products commonly packaged in thin wall packaging. It's also used in the medical industry for things like drug and device packaging. The ongoing expansion of the thin wall packaging market can be attributed to several factors, including the increasing popularity of convenience meals, the shifting tastes of consumers, and the spread of urban centers. Emerging economies are mostly responsible for this market's rapid expansion.
Increasing demand from the food and beverage industry, a rapidly expanding urban population, shifting consumer preferences, and rising disposable income are all factors driving growth in the thin wall packaging market. As a result, the thin wall packaging market is anticipated to expand due to the increasing need for environmentally friendly, lightweight, and reasonably priced packaging. Moreover, tight requirements for food and consumer safety is another significant driver driving the thin wall packaging industry. The thin wall packaging market stands to benefit greatly from the increasing demand for ready-to-eat, packaged, and food-on-the-go products.
The rising need for convenient and lightweight packaging is the primary factor propelling the CAGR of the thin wall packaging market. Excellent organoleptic qualities, outstanding flowability, shorter cycle times, balanced mechanical properties, and a cost-effective manufacturing technique all contribute to thin-walled packaging's high efficiency. Thin-walled plastic containers are available in a wide range of sizes, shapes, and colors (including clear, translucent, and opaque varieties) to cater to a wide range of needs and preferences. Plastic containers with personalized printing are also available to meet unique tastes and purposes. In addition, they may be used for a wide range of packaging purposes and are available in a wide variety of designs, making them universally appealing and contributing to the expansion of the market.
Containers can be made from a wide variety of plastics, including polypropylene, polystyrene, white polypropylene, and different translucent and colored polymers. It's possible that polythene terephthalate can withstand scratches and abrasions, as well as acid damage from fruits and vegetables. Market expansion is being fueled by the increasing use of thin-walled plastic containers due to their portability.
Additionally, the primary driver of market revenue growth is the rising demand for thin wall packaging solutions, which help to safeguard products from physical damage and contamination during transportation. Thin wall packaging is commonly used to prevent product contamination and content damage during shipping. Increased stackability during storage, reduced weight, and other features of thin wall packaging are also contributing to the market's expansion. However, it reduces harmful pollutants and fuel use, making for a more sustainable economy and a more lucrative market overall.
Report Coverage
Global Thin Wall Packaging research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Thin Wall Packaging report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Thin Wall Packaging competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Thin Wall Packaging market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Amcor Limited (Australia), Reynolds Group Holdings (Auckland), Berry Inc. (The U.S.), RPC Group PLC (U.K, Silgan Holdings (The U.S.), Mold-Tek Packaging (India), Double H Plastics (The U.S.), lip SRL (Italy), Greiner Packaging International GmbH (Austria), and Groupe Guillin (France), PACCOR GROUP, Novio Packaging B.V., Omniform, Takween Advanced Industries, Sanpac, Uniplast Knauer GmbH & Co. KG, Sunrise Plastics, Insta Polypack, PLASTIPAK INDUSTRIES INC., Jrd International, Shree Rama Multi-Tech Ltd., ACMEPAK PLASTIC PACKAGING, LTD., Faerch A/S. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Thin Wall Packaging Market from 2021 to 2030.
- Market Forecast for Thin Wall Packaging Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Thin Wall Packaging competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Thin Wall Packaging
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Thin Wall Packaging market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Thin Wall Packaging market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Amcor Limited (Australia), Reynolds Group Holdings (Auckland), Berry Inc. (The U.S.), RPC Group PLC (U.K, Silgan Holdings (The U.S.), Mold-Tek Packaging (India), Double H Plastics (The U.S.), lip SRL (Italy), Greiner Packaging International GmbH (Austria), and Groupe Guillin (France), PACCOR GROUP, Novio Packaging B.V., Omniform, Takween Advanced Industries, Sanpac, Uniplast Knauer GmbH & Co. KG, Sunrise Plastics, Insta Polypack, PLASTIPAK INDUSTRIES INC., Jrd International, Shree Rama Multi-Tech Ltd., ACMEPAK PLASTIC PACKAGING, LTD., Faerch A/S.
Primary Target Market
- Market Players of Thin Wall Packaging
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Thin Wall Packaging market based on the below-mentioned segments:
Global Thin Wall Packaging Market, By Product Type
Polypropylene
High Density Polyethylene
Polyethylene Terephthalate
Polystvrene
Polyvinyl Chloride
Others
Global Thin Wall Packaging market, By Application
Food & Beverages
Electronics
Cosmetics
Others
Global Thin Wall Packaging Market, By Material
Tubs
Cups
Trays
Jars
Clamshells
Pots
Lids
Global Thin Wall Packaging market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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