Thermoforming is the process of molding material (plastic, aluminum, wood, and rubber) into desired shape to create packaging containers. It is a cost effective process, which allows molding of large size containers from sheets. Moreover, thermoform packaging can be customized into various shapes and sizes. Printing can be done after molding 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. However, environmental repercussions of using plastic packaging is major challenge for growth of the market. 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, thermoform packaging market is segmented into:
On the basis of heat seal coating, thermoform packaging market is segmented into:
On the basis of material, thermoform packaging market is segmented into:
On basis of packaging type, thermoform packaging market is segmented into:
On basis of end-use, thermoform packaging market is segmented into:
Skin packaging segment is gaining significant traction due to its properties such as high durability, toughness, improved aesthetics, and lower material use over conventional blister packaging. Plastic is widely used for manufacturing of thermoform packaging due to its wide 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. Food and beverage industry is the largest end user of this market, owing to its ability of customize according to the requirement. Its durability ensures product is not damaged and contamination is prevented.
Thermoform Packaging Market Outlook
New thermoforming technique called 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. Adoption of this technology is expected to restrain growth of the market over the forecast period.
Key Players in the Thermoform Packaging Market
Key Players operating in 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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