The Thermoform Packaging Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Thermoform Packaging Market?
The market size for thermoform packaging has experienced considerable growth in the past. The size of this market escalated from $49.48 billion in 2024 to $52.88 billion in 2025, recording a compound annual growth rate (CAGR) of 6.9%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Thermoform Packaging Industry?
The Thermoform Packaging Global Market Report 2025 predicts that by 2029, the market size is set to increase to $67.95 billion, with a compound annual growth rate (CAGR) of 6.5%.
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What are the Key Growth Drivers Fueling the Thermoform Packaging Market?
The key drivers in the thermoform packaging market are:
• Growing demand for sustainable and eco-friendly packaging
• Increase in use of thermoform packaging in food and beverage industries
• Expansion of the e-commerce and retail sectors
• Rising demand for recyclable and biodegradable materials and growth of the electronics packaging sector
Global Market Segmentation: Identifying Major Thermoform Packaging Industry Segments
The thermoform packaging market covered in this report is segmented –
1) By Type: Blister Packaging, Clamshell Packaging, Skin Packaging, Other Types
2) By Material: Plastic, Aluminum, Paper And Paperboard
3) By Heat Sealing Coating: Water-Based, Solvent-Based, Hot Melt-Based
4) By End-Use Industry: Food And Beverage, Pharmaceuticals, Electronics, Home And Personal Care, Others End Users
Subsegments:
1) By Blister Packaging: Single Blister Packaging, Double Blister Packaging, Custom Blister Packaging, Clamshell Packaging
2) By Clamshell Packaging: Hinged Clamshell Packaging, Non-Hinged Clamshell Packaging
3) By Skin Packaging: Paperboard Skin Packaging, Plastic Skin Packaging, Custom Skin Packaging
4) By Other Types: Tray Packaging, Vacuum Packaging, Rollstock Packaging
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What are the emerging Trends Shaping the Future of the Thermoform Packaging Market?
The key trends in the thermoform packaging market are:
• The use of recyclable and biodegradable materials is a leading trend in thermoform packaging.
• The market is witnessing significant advancements in thermoforming technology.
• The integration of smart packaging solutions serves as a notable trend marking the industry's future.
• Customization and design innovations in packaging are emerging as key drivers in the thermoform packaging market.
Who Are the Top Competitors & Leading Players in the Thermoform Packaging Market?
Major players in the thermoform packaging market are:
• ExxonMobil Corporation
• Amcor plc
• Berry Global Group Inc.
• Sonoco Products Company
• Huhtamaki Oyj
• Sinclair & Rush Inc.
• MULTIVAC Sepp Haggenmüller SE & Co. KG
• ProAmpac Holdings Inc.
• Borealis AG
• RPC Group Plc
• Winpak Ltd.
• Coveris Holdings S.A.
• Genpak LLC
• Greiner Packaging International GmbH
• Bemis Company Inc.
• D&W Fine Pack LLC
• Anchor Packaging Inc.
• Rohrer Corporation
• Placon Corporation
• ILLIG Maschinenbau GmbH & Co. KG
• Plastic Ingenuity Inc.
• Graham Packaging Company L.P.
• Tekni-Plex Inc.
• Nefab AB
• Display Pack Inc.
• Innovative Plastics Corporation
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the thermoform packaging market in 2024
