Thin Wall Packaging Market, By Product Type (Tubs, Cups, Jars, Trays, Clamshells, Lids, Pots), By Production Process (Thermoforming, Injection Molding), By Material (PP, PE, PET, PS, PVC), By Application (Food, Beverages), and By Region (North America, Latin America, Europe, Middle East, Asia Pacific, and Africa) - Trends, Analysis and Forecast till 2030

Report Code: PMI17819 | Publish Date: April 2024 | No. of Pages: 180

Global Thin Wall Packaging Market Overview

Introduction:

Thin Wall Packaging Market was valued at US$ 46.26 billion in in 2020 and is projected to grow at a CAGR of 4.3% to reach US$ 70.48 billion by 2030.

Thin wall is a structural load bearing, inserted with precast building envelope system and that in turn features composite action between concrete wythes. Thin wall packaging is considered as plastics parts or plastic packaging with a wall thickness less than 0.8 mm (0.031 in.) Plastics are used in various types of food packaging because they help in protecting food from damages, provides food safety and enhances the shelf life of food. It focuses on mass producing plastic parts that are thin and light so that material cost reduces and cycle times gets shorted. Shorter cycles mean higher productivity in low costs. There are various benefits of such type of packaging include budget friendly, sustainability, faster production, increases efficiency, recyclable etc. There are 3 types of plastics which is considered safe Polyethylene terephthalate, high density polyethylene and polypropylene. The thin wall packaging market accounted for US$ 46.26 billion in 2020 and is estimated to be US$ 70.48 billion by 2030 and is anticipated to register a CAGR of 4.3%.

Global Thin Wall Packaging Market Dynamics

Rising demand for packaged foods

The increasing need of lightweight packaging containers with an increase in working population is the main factor that driving the growth of thin wall packaging. In addition, increasing demand for the packed products from the food & beverage industries is another factor expected to propel growth of the target market. Moreover, rapidly growing food & beverage industries, coupled with the, increasing adoption of the lightweight and customer-friendly packaging are major factors driving growth of the thin wall packaging market. The surge in consumption of readymade foods and drinks, generated a demand for packaged foods and beverages which in turn increase the target market.

However, stringent government regulations associated with packaging is a factor expected to hamper growth of the thin wall packaging market over the forecast period. 

Access Crucial Insights at a Fraction of the Cost | Request Your Discount

Global Thin Wall Packaging Market Segmentation

The thin wall packaging market is segmented based on product type, production process, material, application, and region.

On the basis of product type, the thin wall packaging market is segmented into tubs, cups, jars, trays, clamshells, lids, pots. The production process segment is further sub segmented into thermoforming, injection molding. On the basis of material, the thin wall packaging market has been segmented as PP, PE, PET, PS, and PVC. The application segment includes food, beverages. 

Regional Insights:

The thin wall packaging market accounted for US$ 46.26 billion in 2020 and is estimated to be US$ 70.48 billion by 2030 and is anticipated to register a CAGR of 4.3%. On region the thin wall packaging market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific currently dominates the market for thin wall packaging and is expected to continue its strong hold for forecasting years owing to rapid industrialization, increasing disposable income, and growing demand for the visible packaging in the emerging economies of the region. The markets in Europe and North America are expected to register significant growth rate, owing to the increasing demand for the packaged food products, coupled with rapidly increasing sector of food service packaging. Also, increasing numbers of the retail chains is other factors which are expected to propel growth of the global market over the forecast period.

Reduce costs by up to 30% with a custom report tailored to your specific needs | Request Customized Report

Report Scope:

Attribute

Details

Base year for estimation

2020

Forecast period

2020 – 2030

Market representation

Revenue in USD Billion & CAGR from 2020 – 2030

Market Segmentation

By Product Type- Tubs, Cups, Jars, Trays, Clamshells, Lids, Pots

By Production Process– Thermoforming, Injection Molding

By Material– PP, PE, PET, PS, PVC

By Application- Food and Beverages

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the thin wall packaging market report based on product type, production process, material, application, and region.

Segmentation- Thin Wall Packaging Market

Thin Wall Packaging Market, By Region:

  • North America
    • Middle East & Africa
      • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa
    • Latin America
        • Brazil
        • Mexico
        • Rest of Latin America
    • Asia Pacific
      • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Europe
      • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
      • U.S.
      • Canada

Global Thin Wall Packaging Market Key Players

The key players operating in the thin wall packaging market includes Amcor, Reynolds Group Holdings, Berry Global Group, RPC Group PLC, Silgan Holdings, Paccor GmbH (Coveris Rigid), Ilip SRL, Mold-Tek Packaging, Greiner Packaging International, AND Double H Plastics.

Amcor Packaging Ltd.

They had developed revolutionary label-less Villavicencio water packaging and reduces carbon footprint by 21%. They are expanding their medical businesses in Europe. Also, they had launched more sustainable packaging for pharmaceuticals.

Global Thin Wall Packaging Market Company Profile

  • Amcor
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Reynolds Group Holdings
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  •  Berry Global Group
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • RPC Group PLC
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Silgan Holdings
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  •  Paccor GmbH
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  •  Ilip SRL
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Mold-Tek Packaging
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Greiner Packaging International
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Double H Plastics
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies

Global Thin Wall Packaging Market Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Thin Wall Packaging Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Product Type
      • Market Snippet, By Production Process
      • Market Snippet, By Material
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Market Segmentation, By Product Type 2020 – 2030, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Tubs
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
    • Cups
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
    • Jars
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
    • Trays
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
    • Clamshells
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
    • Lids
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
    • Pots
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
  6. Market Segmentation, By Production Process 2020 – 2030, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Thermoforming
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
    • Injection Molding
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
  7. Market Segmentation, By Material, 2020 – 2030, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • PP
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
    • PE
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
    • PET
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
    • PS
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
    • PVC
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
  8. Market Segmentation, By Application, 2020 – 2030, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Food
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
    • Beverages
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
  1. Global Market, By Region, 2020 – 2030, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Bn), By Product Type, 2020 – 2030
      • Market Size and Forecast (US$ Bn), By Production Process, 2020 – 2030
      • Market Size and Forecast (US$ Bn), By Material, 2020 – 2030
      • Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Bn), By Product Type, 2020 – 2030
      • Market Size and Forecast (US$ Bn), By Production Process, 2020 – 2030
      • Market Size and Forecast (US$ Bn), By Material, 2020 – 2030
      • Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
        • UK
        • France
        • Germany
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Bn), By Product Type, 2020 – 2030
      • Market Size and Forecast (US$ Bn), By Production Process, 2020 – 2030
      • Market Size and Forecast (US$ Bn), By Material, 2020 – 2030
      • Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
        • India
        • Japan
        • South Korea
        • China
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Bn), By Product Type, 2020 – 2030
      • Market Size and Forecast (US$ Bn), By Production Process, 2020 – 2030
      • Market Size and Forecast (US$ Bn), By Material, 2020 – 2030
      • Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Bn), By Product Type, 2020 – 2030
      • Market Size and Forecast (US$ Bn), By Production Process, 2020 – 2030
      • Market Size and Forecast (US$ Bn), By Material, 2020 – 2030
      • Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  2. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  3. Company Profiles
  • Amcor
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Reynolds Group Holdings
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  •  Berry Global Group
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • RPC Group PLC
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Silgan Holdings
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  •  Paccor GmbH
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  •  Ilip SRL
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Mold-Tek Packaging
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Greiner Packaging International
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Double H Plastics
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  1. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

The thin wall packaging market is segmented based on product type, production process, material, application, and region.

Rising demand for the packed products from the food & beverage industries is the major factor driving growth of the global market.

The market in Asia Pacific currently dominates the market for thin wall packaging and is expected to continue its strong hold for a few more years.

Key players operating in the thin wall packaging market includes Amcor, Reynolds Group Holdings, Berry Global Group, RPC Group PLC, Silgan Holdings, Paccor GmbH (Coveris Rigid), Ilip SRL, Mold-Tek Packaging, Greiner Packaging International, AND Double H Plastics.