thermoform trays market

Global Thermoform Trays Market - Industry Trends and Forecast to 2030

  • Published Date: 2023-08-18
  • Report ID: 145631
  • Pages: 250
  • Format: prudent report format

The global thermoform trays market is expected to reach USD 8,912.96 million by 2030 from USD 6,297.39 million in 2022, growing at a CAGR of 4.5% during the forecast period of 2023 to 2030.
Market Segmentation
Global Thermoform Trays Market, By Product (PET Trays, Clamshells, Oxygen Ingress Barrier Trays, Standard Trays, Shelf Display Trays, Insert Trays, Dunnage Trays, Drip Trays, and Others), Barrier Material (PVDC (Polyvinylidene Chloride), Metallized Films, Aluminium Foil, EVOH (Ethylene Vinyl Alcohol), Acrylic Coatings, Silicon Oxide Coatings, and Others), Amount of Polymer (10-50 Grams, 50-100 Grams, 100-150 Grams, and Above 150 Grams), Material (Plastic, Paper & Paperboard, and Others), Thermoforming Process (Vacuum Forming, Pressure Forming, and Twin Sheet Forming), Shape (Rectangular, Round, and Others), Usage (Disposable and Non-Disposable), Distribution Channel (B2B and B2C), End-Use (Food, Healthcare, Electronics, Personal Care, Hotels, Restaurants & Cafes, Home Care, and Others), Country (U.S., Canada, Mexico, China, Japan, Australia, India, South Korea, Malaysia, Singapore, Indonesia, Thailand, Philippines, New Zealand, Vietnam, Rest of Asia-Pacific, Germany, U.K., France, Italy, Spain, Russia, Netherlands, Belgium, Turkey, Switzerland, Denmark, Poland, Sweden, Rest of Europe, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, U.A.E., Oman, Kuwait, Qatar, and Rest of Middle East and Africa) - Industry Trends and Forecast to 2030


Overview of Global Thermoform Trays Market Dynamics

Driver
Positive outlook toward the personal care industry

Restraint

Credible threat of trays made from other materials

Opportunity

Rising demand for thermoform trays in the medical sector

Market Players

Some of the major market players operating in the global thermoform trays market are:

Amcor plc
Pactiv LLC (A subsidiary of Pactiv Evergreen Inc.)
WestRock Company
DS Smith
Sonoco Products Company
Prent Corporation
Huhtamaki
Placon
Nelipak Healthcare Packaging
Lacerta Group LLC
EasyPak
Dordan Manufacturing Company
HLP Klearfold
Engineered Components & Packaging, LLC
Universal Plastics Group, Inc.


TABLE OF CONTENTS
1 INTRODUCTION 11
1.1 OBJECTIVES OF THE STUDY 11
1.2 MARKET DEFINITION 11
1.3 OVERVIEW 11
1.4 LIMITATIONS 13
1.5 MARKETS COVERED 13
2 MARKET SEGMENTATION 18
2.1 MARKETS COVERED 18
2.2 GEOGRAPHICAL SCOPE 19
2.3 YEARS CONSIDERED FOR THE STUDY 20
2.4 CURRENCY AND PRICING 20
2.5 DBMR TRIPOD DATA VALIDATION MODEL 21
2.6 MULTIVARIATE MODELLING 24
2.7 MANUFACTURING PROCESS LIFELINE CURVE 24
2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 25
2.9 DBMR MARKET POSITION GRID 26
2.10 MARKET APPLICATION COVERAGE GRID 27
2.11 SECONDARY SOURCES 28
2.12 ASSUMPTIONS 28
3 EXECUTIVE SUMMARY 29
4 PREMIUM INSIGHTS 33
4.1 PESTLE ANALYSIS 35
4.1.1 POLITICAL FACTORS 35
4.1.2 ECONOMIC FACTORS 35
4.1.3 SOCIAL FACTORS 35
4.1.4 TECHNOLOGICAL FACTORS 36
4.1.5 LEGAL FACTORS 36
4.1.6 ENVIRONMENTAL FACTORS 37
4.2 PORTER'S FIVE FORCES: 38
4.3 BRAND OUTLOOK 41
4.3.1 BRAND COMPARATIVE ANALYSIS ON THE GLOBAL THERMOFORM TRAYS MARKET 41
4.3.2 PRODUCT VS BRAND OVERVIEW 44
4.4 CONSUMER BUYING BEHAVIOR 45
4.5 IMPACT OF ECONOMIC SLOWDOWN ON THE MARKET GLOBAL THERMOFORM TRAYS MARKET 47
4.5.1 IMPACT ON PRICE 47
4.5.2 IMPACT ON SUPPLY CHAIN 47
4.5.3 IMPACT ON SHIPMENT 47
4.5.4 IMPACT ON DEMAND 48
4.5.5 IMPACT ON STRATEGIC DECISIONS 48
4.5.6 CONCLUSION 48
4.6 TRADE ANALYSIS 49
4.6.1 IMPORT DATA OF TRAYS, DISHES, PLATES, CUPS AND THE LIKE, OF PAPER OR PAPERBOARD (EXCLUDING OF BAMBOO PAPERBOARD) 49
4.6.2 EXPORT DATA OF TRAYS, DISHES, PLATES, CUPS AND THE LIKE, OF PAPER OR PAPERBOARD (EXCLUDING OF BAMBOO PAPERBOARD) 50
4.7 PRODUCTION CAPACITY OVERVIEW 51
4.8 GLOBAL THERMOFORM TRAYS MARKET: RAW MATERIAL SOURCING ANALYSIS 52
4.8.1 PVC (POLYVINYL CHLORIDE) 52
4.8.2 PET (POLYETHYLENE TEREPHTHALATE) 52
4.8.3 PP (POLYPROPYLENE) 52
4.8.4 ACRYLONITRILE BUTADIENE STYRENE (ABS) 52
4.8.5 POLYSTYRENE (PS) 53
4.8.6 POLYETHYLENE (PE) 53
4.9 SUPPLY CHAIN ANALYSIS 54
4.9.1 OVERVIEW 54
4.9.2 LOGISTIC COST SCENARIO 54
4.9.3 IMPORTANCE OF LOGISTICS SERVICE PROVIDERS 55
4.10 TECHNOLOGICAL ADVANCEMENTS 56
4.11 VENDOR SELECTION CRITERIA 57
5 REGULATORY CHANGES 59
6 MARKET OVERVIEW 61
6.1 DRIVERS 63
6.1.1 GROWING E-COMMERCE INDUSTRY 63
6.1.2 INCREASING DEMAND FOR PACKAGED FOOD AMONG WORKING CLASS POPULATION 63
6.1.3 POSITIVE OUTLOOK TOWARDS PERSONAL CARE INDUSTRY 64
6.2 RESTRAINTS 64
6.2.1 ENVIRONMENTAL CONCERNS AND PLASTIC WASTES 64
6.2.2 CREDIBLE THREAT OF TRAYS MADE FROM OTHER MATERIALS 65
6.3 OPPORTUNITIES 65
6.3.1 INCREASE IN THE R&D OF THERMOFORM TRAYS 65
6.3.2 DEVELOPING TREND OF SUSTAINABLE THERMOFORM TRAYS 66
6.4 CHALLENGES 66
6.4.1 STRINGENT REGULATIONS REGARDING PLASTIC USE AND DISPOSAL 66
6.4.2 RECYCLING ISSUES WITH THERMOFORM PLASTIC WASTE 67
7 GLOBAL THERMOFORM TRAYS MARKET : BY REGION 68
7.1 OVERVIEW 68
7.2 NORTH AMERICA 72
7.3 EUROPE 76
7.4 ASIA-PACIFIC 80
7.5 SOUTH AMERICA 84
7.6 MIDDLE EAST & AFRICA 88
8 COMPANY LANDSCAPE 92
8.1 COMPANY SHARE ANALYSIS: GLOBAL 92
8.2 COMPANY SHARE ANALYSIS: NORTH AMERICA 93
8.3 COMPANY SHARE ANALYSIS: EUROPE 94
8.4 COMPANY SHARE ANALYSIS: ASIA-PACIFIC 95
9 SWOT ANALYSIS 96
10 COMPANY PROFILES 97
10.1 AMCOR PLC (2022) 97
10.1.1 COMPANY SNAPSHOT 97
10.1.2 REVENUE ANALYSIS 97
10.1.3 COMPANY SHARE ANALYSIS 98
10.1.4 PRODUCT PORTFOLIO 98
10.1.5 RECENT DEVELOPMENT 99
10.2 PACTIV LLC (A SUBSIDIARY OF PACTIV EVERGREEN INC.) (2022) 100
10.2.1 COMPANY SNAPSHOT 100
10.2.2 REVENUE ANALYSIS 100
10.2.3 COMPANY SHARE ANALYSIS 101
10.2.4 PRODUCT PORTFOLIO 101
10.2.5 RECENT DEVELOPMENTS 102
10.3 WESTROCK COMPANY 103
10.3.1 COMPANY SNAPSHOT 103
10.3.2 REVENUE ANALYSIS 103
10.3.3 COMPANY SHARE ANALYSIS 104
10.3.4 PRODUCT PORTFOLIO 104
10.3.5 RECENT DEVELOPMENT 104
10.4 DS SMITH 105
10.4.1 COMPANY SNAPSHOT 105
10.4.2 REVENUE ANALYSIS 105
10.4.3 COMPANY SHARE ANALYSIS 106
10.4.4 PRODUCT PORTFOLIO 106
10.4.5 RECENT DEVELOPMENT 106
10.5 SONOCO PRODUCTS COMPANY 107
10.5.1 COMPANY SNAPSHOT 107
10.5.2 REVENUE ANALYSIS 107
10.5.3 COMPANY SHARE ANALYSIS 108
10.5.4 PRODUCT PORTFOLIO 108
10.5.5 RECENT DEVELOPMENTS 109
10.6 DORDAN MANUFACTURING COMPANY 110
10.6.1 COMPANY SNAPSHOT 110
10.6.2 PRODUCT PORTFOLIO 110
10.6.3 RECENT DEVELOPMENT 110
10.7 EASYPAK 111
10.7.1 COMPANY SNAPSHOT 111
10.7.2 PRODUCT PORTFOLIO 111
10.7.3 RECENT DEVELOPMENTS 112
10.8 ENGINEERED COMPONENTS & PACKAGING, LLC 113
10.8.1 COMPANY SNAPSHOT 113
10.8.2 PRODUCT PORTFOLIO 113
10.8.3 RECENT DEVELOPMENTS 113
10.9 HLP KLEARFOLD 114
10.9.1 COMPANY SNAPSHOT 114
10.9.2 PRODUCT PORTFOLIO 114
10.9.3 RECENT DEVELOPMENT 114
10.10 HUHTAMAKI 115
10.10.1 COMPANY SNAPSHOT 115
10.10.2 REVENUE ANALYSIS 115
10.10.3 PRODUCT PORTFOLIO 116
10.10.4 RECENT DEVELOPMENT 116
10.11 LACERTA GROUP LLC 117
10.11.1 COMPANY SNAPSHOT 117
10.11.2 PRODUCT PORTFOLIO 117
10.11.3 RECENT DEVELOPMENTS 118
10.12 NELIPAK HEALTHCARE PACKAGING 119
10.12.1 COMPANY SNAPSHOT 119
10.12.2 PRODUCT PORTFOLIO 119
10.12.3 RECENT DEVELOPMENTS 119
10.13 PLACON 120
10.13.1 COMPANY SNAPSHOT 120
10.13.2 PRODUCT PORTFOLIO 120
10.13.3 RECENT DEVELOPMENTS 121
10.14 PRENT CORPORATION 122
10.14.1 COMPANY SNAPSHOT 122
10.14.2 PRODUCT PORTFOLIO 122
10.14.3 RECENT DEVELOPMENTS 122
10.15 UNIVERSAL PLASTICS GROUP, INC. 123
10.15.1 COMPANY SNAPSHOT 123
10.15.2 PRODUCT PORTFOLIO 123
10.15.3 RECENT DEVELOPMENTS 123
11 QUESTIONNAIRE 124
12 RELATED REPORTS 128
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