Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 23.53 Billion | USD 40.43 Billion | 6.2% | 2023 |
According to the report published by Zion Market Research, the global Thermoformed Skin Packaging Market size was valued at USD 23.53 Billion in 2023 and is predicted to reach USD 40.43 Billion by the end of 2032. The market is expected to grow with a CAGR of 6.2% during the forecast period. The report analyzes the global Thermoformed Skin Packaging Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Thermoformed Skin Packaging industry.
The thermoformed skin packaging is a packaging technique that is used for the packing of the consumer goods, food, and industrial goods. The manufacturing process of the thermoformed skin packaging is very simple and inexpensive as compared to the plastic forming and molding methods. In the thermoformed skin packaging, the products are packed in the skin-tight enclosure of a clear-transparent top film. In the thermoformed skin packaging, the use of the special skin film offers excellent quality to the food.
The market player ULMA manufactures the meat skin packaging in thermoforming in a flexible film. The features of the packaging are it has secondary perimetral sealing, the product is collocated straightly in the bottom film, it is perfect to pack the sliced meat pieces that have no bones.
The global market for the thermoformed skin packaging is fragmented into its product type, base type, and applications.
On the basis of the product type, the global market is segregated into non-carded thermoformed skin packaging and carded thermoformed skin packaging.
On the basis of the base type, the market is categorized into paper, plastic, and paper boards.
On the basis of application, the market is divided into food, consumer goods, and industrial goods.
The thermoformed skin packaging is used in the consumer goods, food, and industrial goods. The thermoformed skin packaging has replaced the traditional techniques of packaging as it improves the quality, shelf life, and aesthetic appeal of the products thus fueling the growth of the market. In the thermoformed skin packaging the skin film offers the packaging of the excellent quality with improved safety of the food products thus fuelling the demand for the thermoformed skin packaging.
The other factors that have positively influenced the growth of the market are the increased rate of the population, rapid urbanization, the increasing demand for the high-quality products, and the growing demand for ready-to-eat meals. The developments in the organized retail sectors and the growth of the e-commerce companies are also influencing the growth of the thermoformed skin packaging.
Report Attributes | Report Details |
---|---|
Report Name | Thermoformed Skin Packaging Market |
Market Size in 2023 | USD 23.53 Billion |
Market Forecast in 2032 | USD 40.43 Billion |
Growth Rate | CAGR of 6.2% |
Number of Pages | 195 |
Key Companies Covered | Berry Plastics Corporation, G. Modini, ULMA Group, Clondalkin Group, DRADER Manufacturing Industries Ltd., SouthPack, Bemis Company, Linpac Senior Holdings Limited, Sealed Air, DMD 2000 Ltd., Trans European Plastics Ltd, Thermo-Packaging Suppliers Inc., Vinpac Innovations., etc |
Segments Covered | By product type, By base type, By applications and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The region that is contributing the maximum share in the thermoformed skin packaging market is Asia Pacific region which is followed by Europe and North America. In Asia Pacific region, the emerging nations such as China and India are contributing the largest share in the thermoformed skin packaging market. Among them, it is China that is leading the market owing to the rapid rate of urbanization, increased economic growth, and the rise in the food consumption.
The key market players that are involved in the thermoformed skin packaging market include
Berry Plastics Corporation
By Product Type
By Base Type
By Application
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