Thermoforming is the process of molding material (plastic, aluminum, wood, and rubber) into desired shape to create packaging containers. The process allows the molding of large size containers from sheets in extremely cost effective way. Moreover, thermoform packaging can be customized into various shapes and sizes, and is more durable compared to its counterparts. Post molding, printing can be done to make products aesthetically appealing.
Cost effectiveness and ability for mass manufacturing make it a popular choice among the industries such as food and pharmaceutical. The major challenges are the environmental repercussions of using plastic packaging. Moreover, thermoformed material cannot bear excess weight and cannot be used for the packaging of heavy materials.
Thermoform Packaging Market Taxonomy
On the basis of process, the thermoform packaging market is segmented as-
On the basis of heat seal coating, the thermoform packaging market is segmented as-
On the basis of material, the thermoform packaging market is segmented as-
On basis of packaging type, the thermoform packaging market is segmented as-
On basis of end-use, the thermoform packaging market is segmented as-
Plastic is the most used material for the manufacture of thermoform packaging due to its widespread availability and cheap material cost. Clamshell packaging is used for consumer goods. They are usually transparent to ensure that the consumer can see the contents of the packaging. Whereas blister cards are used in pharmaceutical industry and are manufactured by heat sealing a sheet foil.
Skin packaging is gaining popularity due to its increased performance such as more durability, toughness, improved aesthetics, and lower material use over conventional blister packaging.
The largest end use industry is food and beverages. The ability of thermoform material to be customized makes it very popular in food, pharmaceutical and electronics industries for packaging of small items. Its durability ensures product is not damaged and contamination is prevented.
Thermoform Packaging Market Outlook
A new thermoforming technique, known as “Computational Thermoforming” has come up as an alternative to 3D printing. It was developed by Zurich based Interactive Geometry Lab in 2016. This largely cuts down time required for manufacturing special purpose packaging.
Key Players in the Thermoform Packaging Market
Key Players in the thermoform packaging market include Amcor Limited, Bemis Company, Inc., WestRock Company, E.I. du Pont de Nemours and Company, DS Smith Plc., Constantia Flexibles GmbH, Sonoco Products Company, Anchor Packaging, Tekni-plex Inc., G. Mondini S.p.A, and Display Pack Inc.
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