The Global Thermoform Packaging Market has recently been analyzed and explored by   Fortune Business Insights™   in their latest market research report. The team of dedicated analysts and researchers has gone to great lengths to provide a comprehensive overview of both current and future scenarios pertaining to the Thermoform Packaging Market. As a result, this report is packed with valuable insights that will be highly advantageous for industry players looking to maintain a competitive edge.

The report also highlights limiting factors and regional industrial presence that may impact market growth trends beyond the forecast period of 2032. The market research aims to gain a complete understanding of the industry's potential and provide information that will help companies to make informed decisions. The Thermoform Packaging Market Report is an impressive 100+ page document that includes a comprehensive table of contents, a list of figures, tables and graphs, as well as a comprehensive analysis.

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Forecast Growth Projected:

The global thermoform packaging market size was valued at USD 48.50 billion in 2022 and is projected to grow from USD 51.96 billion in 2023 to USD 88.50 billion by 2030, exhibiting a CAGR of 7.91% during the forecast period.

List of the Key Players in the Thermoform Packaging Market:

• Huhtamaki Oyj (Finland)
• AFG Packaging (Italy)
• CJK Packaging (U.S.)
• Amcor Plc (Switzerland)
• Anchor Packaging (U.S.)
• Berry Global Inc. (U.S.)
• Sealed Air Corporation (U.S.)
• Sonoco Products Company (U.S.)
• Du Pont (U.S.)
• WestRock Company (U.S.)
• EasyPak (U.S.)
• DS Smith Plc (U.K.)
• Tekni-Plex Inc. (U.S.)

Competitors Landscape:

The realm of Thermoform Packaging Market is rife with cutthroat competition and fragmentation, a result of the considerable presence of both global conglomerates and domestic contenders. Industry insiders situated in diverse geographical regions are formulating and executing effective strategies to exploit unexplored opportunities and extend their business outreach. In this highly aggressive environment, prominent players are aggressively pursuing tactics to enhance their market share through various channels.

Segmentation:

The thermoform packaging market can be segmented by material, technology, heat seal coating, end-user, and region.

By Material

• Plastics : PET (Polyethylene Terephthalate), PVC (Polyvinyl Chloride), Polypropylene (PP), Polystyrene (PS), and others dominate the market due to their cost-effectiveness, versatility, and durability.
• Paper & Paperboard : As a sustainable alternative, paper-based thermoform packaging is gaining traction, especially in food packaging applications.
• Aluminum : Used for high-barrier packaging solutions, particularly in food and pharmaceutical sectors.

By Technology

• Vacuum Forming : A widely used technique due to its cost-effectiveness, employed in food, electronics, and consumer goods packaging.
• Pressure Forming : Offers greater precision and detail, used in medical devices, automotive components, and complex packaging designs.
• Plug Assist Forming : Enhances the clarity and uniformity of thermoformed packages, often used in transparent food packaging.

By Heat Seal Coating

• Water-Based Coatings : Widely used due to environmental concerns and regulatory compliance.
• Solvent-Based Coatings : Less common but used for specific applications requiring stronger adhesion and seal integrity.

By End-User

• Food & Beverages : The largest end-user of thermoform packaging, driven by the demand for fresh, frozen, and processed food packaging.
• Pharmaceuticals : Rapid adoption of blister packs, clamshells, and trays for secure, sterile packaging.
• Electronics : Increased demand for protective packaging for delicate electronic components.
• Consumer Goods : Growing use of blister packaging and clamshells for retail products such as toys, cosmetics, and household items.

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Key Drivers

• Increasing Demand for Packaged and Convenience Food:  The rising consumption of packaged foods, ready-to-eat meals, and beverages is a major driver of the thermoform packaging market. Consumer preferences for convenience and longer shelf-life products have led to a surge in demand for high-quality food packaging, where thermoforming plays a crucial role.

• Growth of the Healthcare Sector:  The healthcare sector's robust growth, particularly in developing nations, is accelerating demand for sterile and protective packaging. Thermoform packaging is widely used for medical devices, drug packaging, and surgical tools, providing secure and tamper-evident solutions.

• Sustainability Initiatives:  Sustainability concerns and government regulations targeting plastic waste are pushing the adoption of eco-friendly thermoforming materials, such as biodegradable plastics, recycled materials, and paperboard. This focus on sustainability is transforming the thermoform packaging industry, encouraging manufacturers to develop innovative, green packaging solutions.

• Technological Innovation in Packaging:  Advancements in thermoforming machinery and automation are making it easier for manufacturers to produce intricate, lightweight, and customized packaging solutions with greater efficiency. The integration of in-mold labeling, high-barrier packaging, and 3D printing technologies is opening up new possibilities in thermoform packaging.

Regional Outlook

• North America

North America remains a dominant player in the thermoform packaging market due to its established industrial base, presence of major manufacturers, and high demand from food, healthcare, and consumer goods industries.

• Europe

Europe is the second-largest market, driven by strong regulations promoting sustainable packaging, increasing demand for eco-friendly products, and high consumption of packaged foods.

• Asia-Pacific

The Asia-Pacific region is projected to witness the fastest growth over the forecast period, fueled by increasing urbanization, a growing middle class, and rising consumer spending on packaged products. The food and healthcare industries, in particular, are expanding rapidly in countries like China and India, further boosting market growth.

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The Global Rigid Plastic Packaging Market has recently been analyzed and explored by   Fortune Business Insights™   in their latest market research report. The team of dedicated analysts and researchers has gone to great lengths to provide a comprehensive overview of both current and future scenarios pertaining to the Rigid Plastic Packaging Market. As a result, this report is packed with valuable insights that will be highly advantageous for industry players looking to maintain a competitive edge.

The report also highlights limiting factors and regional industrial presence that may impact market growth trends beyond the forecast period of 2032. The market research aims to gain a complete understanding of the industry's potential and provide information that will help companies to make informed decisions. The Rigid Plastic Packaging Market Report is an impressive 100+ page document that includes a comprehensive table of contents, a list of figures, tables and graphs, as well as a comprehensive analysis.

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Forecast Growth Projected:

The global rigid plastic packaging market size was valued at USD 289.32 billion in 2024. The market is projected to grow from USD 302.69 billion in 2025 to USD 401.36 billion by 2032, exhibiting a CAGR of 4.11% during the forecast period.

List of the Key Players in the Rigid Plastic Packaging Market:

• Amcor (Switzerland)
• Berry Global (U.S.)
• Silgan Holdings (U.S.)
• Sonoco Product Company (U.S.)
• Mauser Packaging Solutions (U.S.)
• Greif Inc. (U.S.)
• Schütz GmbH & Co. KGaA (Germany)
• Schoeller Allibert Services B.V. (Netherlands)
• Klöckner Pentaplast (U.K.)

Competitors Landscape:

The realm of Rigid Plastic Packaging Market is rife with cutthroat competition and fragmentation, a result of the considerable presence of both global conglomerates and domestic contenders. Industry insiders situated in diverse geographical regions are formulating and executing effective strategies to exploit unexplored opportunities and extend their business outreach. In this highly aggressive environment, prominent players are aggressively pursuing tactics to enhance their market share through various channels.

Segmentation:

Polyethylene (PE) Segment to Dominate Due to its Lightweight and Affordability:  Based on material, the market is classified into Polyethylene (PE), Polyethylene terephthalate (PET), Polypropylene (PP), Polyvinyl chloride (PVC), and others. The Polyethylene (PE) segment dominates the market as it is lightweight, economical, and provides protection against water vapor.

Bottles & Jars Segment Augment’s Growth Due to its Increasing Applications:  Based on product type, the market is divided into bottles & jars, containers, trays & pallets, IBC’s, clamshell, drums, caps & closures, and others. The bottles & jars segment holds the largest rigid plastic packaging market share as it has applications in various end-use industries, such as pharmaceutical, automotive, food & beverage, building & construction, and several others.

Food & Beverage Segment Growth Driven by Increasing Intake of Healthy Drinks Globally:  Based on application, the market is classified into food & beverage, pharmaceutical, personal care & cosmetics, home care, industrial, and others. The food & beverage segment dominates the market during the forecast period due to the increasing consumption of healthy drinks, including protein shakes and milk products, and growing health concerns among all generations.

Drivers & Restraints

Growing Plastic Material Recyclability to Drive Market Growth

The governments of many countries have banned plastic usage as it is considered to be an unsustainable and non-environment-friendly material. Many countries are focusing on adopting more clean and low-impact plastic packaging material that can be recycled. The growing adoption of recyclable material and innovation in technologies is driving the rigid plastic packaging market growth during the forecast period.   However, the increasing use of flexible products that offer benefits, such as easy customizability and printability over rigid plastic packaging may hinder market growth.

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According to Fortune Business Insights™ the global pharmaceutical glass packaging market report is set to gain momentum from the increasing development of new types of glasses owing to the high demand from the pharmaceutical industry. This information is given by   Fortune Business Insights™   the study further mentions that the market size was USD 6.31 billion in 2019 and is projected to reach USD 10.76 billion by 2027, exhibiting a CAGR of 6.3% during the forecast period.

The pharmaceutical glass packaging market has seen significant growth in recent years due to its critical role in ensuring the safety, integrity, and stability of pharmaceutical products. Glass packaging is preferred in the pharmaceutical industry due to its chemical resistance, transparency, and impermeability, making it ideal for storing sensitive substances like vaccines, biologics, and injectable drugs. This report provides an in-depth analysis of the pharmaceutical glass packaging market, covering market size, industry share, growth prospects, segmentation, and key driving factors.

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Drivers & Restraints-

Rising Awareness of Health to Favor Growth

The pharmaceutical industry is expanding rapidly across the globe. The rising expenditure on public healthcare systems, increasing awareness of health, and astonishingly surging population are the prime factors for the pharmaceutical glass packaging market growth in the upcoming years. However, the industry is making more usage of plastic packaging nowadays backed by its impact resistance, cost effectiveness, easy molding, and flexibility properties. It may lower the demand for this type of glass packaging.

Regional Insights-

Increasing Spending on Healthcare to Help North America Remain at the Forefront

Geographically, North America procured USD 2.12 billion in 2019 in terms of revenue. The ongoing expansion of the pharmaceutical industry would propel the regional growth. Besides, the increasing prevalence of various diseases, as well as surging spending on healthcare is likely to propel growth.

Europe, on the other hand, is projected to remain in the second position throughout the forthcoming years on account of the rising government guidelines for controlling the transmission of COVID-19. Italy, Germany, and the U.K. are considered to be the main contributors to this growth. In Latin America, governments are implementing new policies, such as favorable tariff protection. Coupled with this, the increasing geriatric population would accelerate the demand for pharmaceutical glass packaging.

Segment-

By Product Type :

• Vials : Vials are the most commonly used glass packaging products in the pharmaceutical industry, especially for injectables and biologics.
• Ampoules : Ampoules are sealed glass containers used to store liquid drugs and are widely used in hospitals and laboratories.
• Cartridges : Cartridges are used in injectable devices such as pens and syringes, particularly for insulin delivery.
• Syringes : Glass syringes are used for precise and safe delivery of medications.
• Others : This segment includes bottles and other specialized glass containers for pharmaceutical packaging.

By Application :

• Injectable Drugs : A significant portion of the market is driven by injectable drug packaging, which requires high-quality, sterile glass containers.
• Vaccines : Vaccine production has surged globally, driving the demand for glass vials and ampoules.
• Oral Liquid Medications : Glass bottles are commonly used for storing liquid medications, including syrups and solutions.
• Others : Other applications include ophthalmic products, nasal sprays, and diagnostic reagents.

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Competitive Landscape-

Key Players Focus on Launching Innovative Packaging Solutions to Strengthen Their Positions

The global market houses multiple reputed companies that are presently focusing on developing unique products to cater to the high demand worldwide. Also, the COVID-19 pandemic has resulted in the high demand for robust packaging.

List of the Leading Companies Profiled in the Global Pharmaceutical Glass Packaging Market are:

• Corning Inc. (New York, U.S.)
• Nipro Corporation (Osaka, Japan)
• SCHOTT (Mainz, Germany)
• Gerresheimer AG (Dusseldorf, Germany)
• SGD S.A. (France)
• Stölzle-Oberglas GmbH (Köflach, Austria)
• Bormioli Pharma (Philadelphia, U.S.)
• West Pharmaceutical Services, Inc. (Pennsylvania, U.S.)
• Shandong Medicinal Glass Co., Ltd. (China)
• Beatson Clark (U.K.)
• Şişecam Group (Tuzla, Turkey)
• Others

Below is one of the latest industry developments:

March 2019 : SCHOTT unveiled EVERIC™, new generation of ultra-pure pharmaceutical vials in the market. The new product will allow pharmaceutical companies to gain access to a state-of-the-art blend of attributes to pack biologic drugs. At the same time, they can keep up with the current quality requirements of finish lines and fill.

Market Growth Analysis:

Several factors are contributing to the growth of the pharmaceutical glass packaging market:

• Growing Pharmaceutical Industry : The expansion of the pharmaceutical sector, driven by rising healthcare expenditures, increasing prevalence of chronic diseases, and growing demand for biologics and vaccines, is boosting the demand for glass packaging solutions.
• Rising Demand for Injectable Drugs : Injectable drugs require high-quality packaging solutions to ensure safety, efficacy, and shelf life. Glass vials and ampoules are widely used in the packaging of injectables, contributing to the market's growth.
• Technological Advancements : Advances in glass manufacturing techniques, such as the development of Type I borosilicate glass and improved surface coatings, have enhanced the performance of glass packaging, making it more durable and resistant to chemical reactions.
• Increased Vaccine Production : The COVID-19 pandemic has accelerated vaccine production, driving the demand for glass vials and other pharmaceutical packaging solutions. This trend is expected to continue as new vaccines for various diseases are developed.

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The luxury packaging market size was valued at USD 17.98 billion in 2023 and is expected to be worth USD 18.79 billion in 2024. The market is projected to reach USD 28.23 billion by 2032, recording a CAGR of 5.22% during the forecast period. Luxury packaging is a state-of-the-art style of packaging that increases the overall visual appeal of a product and also helps companies improve their brand image. Several market players have started using digital technologies to improve the overall visual appeal of the packaging materials. A robust rise in the number of customers opting for online shopping is one of the key factors accelerating the market’s growth.

Fortune Business Insights™ displays this information in a report titled, "Luxury Packaging Market, 2025-2032."

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Segmentation:

Paper & Paperboard Widely Used in Luxury Packaging Products Due to Their Recyclability and Sustainability

Based on material, the market is segmented into paper & paperboard, metal, glass, plastic, and others. The paper & paperboard segment has captured the largest share of the market as this material offers various lucrative features, such as high recyclability and sustainability, making it a preferred choice among brands wanting to become eco-friendly.

Demand for Boxes & Cartons Rises Owing to Their Customizability

Based on product type, the market is segmented into boxes & cartons, bottles, bags & pouches, cans & jars, and others. The boxes & cartons segment is dominating the global luxury packaging market share as these products offer brands the option to customize their packaging in different ways to help them stand out from their competitors.

Food & Beverage Brands Increase Reliance on Luxury Packaging Due to Increasing Consumption of Gourmet Foods

Based on end-use, the market is segmented into food & beverages, fashion accessories & apparel, beauty & fragrance, consumer goods, and others. The food & beverage segment is dominating the global market as the consumption of gourmet foods and drinks, such as fine teas, coffee, baked goods, fine wine, and spirits is increasing.

With respect to region, the market covers North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

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Report Coverage:

The report has conducted a detailed study of the market and highlighted several critical areas, such as leading materials, product types, end uses, and key market players. It has also focused on the latest market trends and the key industry developments. Apart from the aforementioned factors, the report has given information on many other factors that have helped the market grow.

Drivers and Restraints:

Growing Need for Personalized Packaging Products to Accelerate Market Expansion

The concept of having customized packaging products is gaining immense traction among luxury brands across the world to help them differentiate themselves from their competitors. Customizations in packaging can include making changes in the dimensions of the packaging products to help a brand safely transport its products to customers or having strategic and unique placement of their logos to help customers identify them immediately. The rising presence of e-commerce platforms has further increased the demand for customized luxury packaging solutions, thereby creating a positive impact on the market’s growth.

However, since several materials are bonded together to make these products, separating and recycling them becomes an impossible task, which can hinder the luxury packaging market growth.

Regional Insights:

North America Dominates Global Market Due to Strong Expansion of Food & Beverage Sector

North America is dominating the global market owing to the robust expansion of the region’s food & beverage industry. An increasing number of customers are indulging in gourmet foods due to their rising disposable incomes, which will boost the need for luxurious packaging solutions.

Europe is holding the second-leading position in the global market due to a notable presence of several leading luxury brands.

Competitive Landscape:

Leading Companies to Launch Novel Packaging Solutions to Gain Strong Competitive Edge

The luxury packaging market has a vast competitive landscape with the presence of leading manufacturers. These companies are collaborating with other firms to develop and launch cutting-edge and personalized packaging solutions for different industries.

Notable Industry Development:

July 2024 –   Quadpack Industries announced a new project with PSB Industries, a private company, to merge Quadpack and PSB’s key subsidiary, Texen, into a single group. Texen, headquartered in Brion, France, is known for producing high-quality packaging products for the luxury perfumery and makeup markets. It has its factories in in France, Poland, the U.S., and Mexico.

LIST OF KEY COMPANIES PROFILED IN THE REPORT:

• DS Smith (U.K.)
• Ardagh Group (Luxembourg)
• Stoelzle Glass Group (Austria)
• WestRock (U.S.)
• Crown Holdings Inc. (U.S.)
• O-I Glass, Inc. (U.S.)
• Amcor Plc (Switzerland)
• IPL Packaging Inc. (China)
• Thou Luxury Packaging (India)
• Elegant Packaging (U.S.)
• HH Deluxe Packaging (U.K.)
• Lucas Luxury Packaging (Ireland)
• Prestige Packaging Industries (France)
• Pendragon Presentation Packaging (U.K.)
• Ekol Ofset (Turkey)

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The global   water soluble packaging market   was valued at USD 3.61 billion in 2023 and is projected to grow from USD 3.78 billion in 2024 to USD 5.65 billion by 2032, exhibiting a CAGR of 5.13% during the forecast period. Water soluble packaging technology renders packages biodegradable as these materials dissolve completely in water without leaving any residue. Increasing environmental awareness drives the adoption of biodegradable materials such as polysaccharide protein-based films. This meets consumer demand for eco-friendly packaging options and propels market expansion.

Fortune Business Insights™   provides this information in its research report, titled   “ Water Soluble Packaging   Market, 2024-2032”.

Segmentation:

Polymer Segment   Segment Dominates owing to   Exceptional Compatibility

In terms of material, the market is segmented into polymers {Polyvinyl Acetate, Polyvinyl Alcohol}, surfactants, and fibers. The polymers segment holds the largest water soluble packaging market share. Polymers exhibit compatibility with diverse product ingredients, including enzymes and aggressive chemicals, making them suitable for various applications, thus boosting segment growth.

Films   Segment to Lead the Market Owing to its   Ability to Provide Convenient Solution

In terms of product type, the market is fragmented into pouches, sachets, films, bags, and pods & capsules. Films capture the largest share of the market. Water soluble films eliminate the need to handle potentially harmful substances and provide convenient solutions for single-use products such as laundry or dishwasher pods, enhancing their demand and driving segment growth.

Hot Water Segment Holds the Largest Share   due to Versatility in Applications

In terms of temperature, the market for water soluble packaging is fragmented into cold water and hot water. The hot water segment secures the largest share of the market. With applications spanning in laundry detergents, cleaning agents, and dishwashing detergents, fueling the segment growth.

Households Segment Holds the Largest Share due to   Increased Demand for Convenient Packaging Solutions

By end-use industry, the market is divided into food, healthcare, agriculture, household, water treatment, building & construction, and others. The households segment captures the largest share in the end-use industry segment. The convenience offered by water-soluble packaging in household products such as laundry detergent pods and cleaning solutions drives its adoption among households, leading to segment growth.

In terms of region, the market is categorized into Europe, North America, the Asia Pacific, Latin America, and the Middle East & Africa.

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Report Coverage:

The report offers comprehensive market analysis, covering leading companies, competitive landscape, product/service types, and market shares, along with key application insights and industry trends.

Drivers and Restraints:

Surge in Demand for Water Soluble Films with Sustainable Factors to Boost Market Growth

Heightened environmental concerns worldwide are fostering a growing demand for eco-friendly packaging solutions such as water-soluble films, stimulating water soluble packaging market growth. The user-friendly features of water-soluble packaging, such as ease of use and convenience, appeal to manufacturers. They facilitate the production of single-use packs, preventing wastage and spillage among end-users, thus driving market expansion.

However, the elevated cost of water-soluble packaging, exacerbated by fluctuations in raw material prices, presents significant challenges, limiting the affordability for consumers.

Regional Insights:

Asia Pacific Dominates the Market Owing to Government Initiatives for Plastic Reduction

The Asia Pacific region leads the market due to stringent governmental regulations focused on reducing plastic packaging usage. These regulations drive demand for sustainable alternatives such as water soluble packaging, contributing significantly to market growth.

Stringent regulatory measures coupled with growing consumer awareness of the environmental impact of traditional packaging materials serve as primary drivers propelling growth in the North America.

Trends Shaping the Market:

• Growth in E-commerce : As e-commerce grows, demand for sustainable packaging solutions, including WSP, is rising to reduce the environmental impact of large-scale shipping and packaging waste.

• Innovation in Materials : Companies are investing in R&D to develop improved biodegradable materials with enhanced strength, durability, and cost-effectiveness for WSP applications.

• Increasing Consumer Awareness : Consumers are becoming more conscious of their environmental footprint, and demand for products with sustainable packaging is rising, putting pressure on industries to adopt WSP.

• Shift Toward Zero-Waste Packaging : With the zero-waste movement gaining momentum, WSP is positioned as a key solution for brands aiming to meet consumer demands for minimal waste.

Competitive Landscape:

Key Industry Participants Focus on Expansion and Innovation to Strengthen their Market Presence

The global water soluble packaging market is highly competitive, with major players dominating through innovative solutions and a focus on expansion and innovation. Leaders such as Mondi, Sekisui Chemicals, Kuraray Co. Ltd., and others drive market dynamics while numerous smaller players contribute to advancements with advanced packaging solutions.

Key Industry Development:

June 2023-   Mondi introduced SolmixBag, a water-soluble paper bag for the construction industry, designed to dissolve upon contact with water during the mixing process, integrating with dry construction materials.

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List of Key Players Mentioned in the Report:

• Mondi (U.K.)
• Sekisui Chemicals (Japan)
• Kuraray Co. Ltd. (Japan)
• Cortec Corporation (U.S.)
• Arrow Greentech Ltd. (India)
• Shandong Huazhilin Pharmaceutical Technology Co., Ltd. (China)
• MSD Corporation (China)
• Green Master Packaging (Australia)
• Rovi Packaging (Spain)

The global   frozen food packaging market   size was valued at USD 10.84 billion in 2023. The market is projected to grow from USD 11.38 billion in 2024 to USD 17.20 billion by 2032, exhibiting a CAGR of 5.16% during the forecast period. Frozen food packaging is used to preserve food products from the time of their production to the time of their consumption. The increasing industrialization, busy lifestyles, and the growing advancement in emerging countries are raising the demand for ready-to-eat products, driving market growth.

Fortune Business Insights™   mentions this in a report titled, “ Frozen Food Packaging Market, 2024-2032 .”

Segments:

Plastic Segment to Lead the Market as it Offers Excellent Barrier Properties

Based on material, the market is classified into plastic, paper & paperboard, aluminium, and others. The plastic segment holds the largest frozen food packaging market share. The segment’s growth is attributed to the excellent barrier properties of plastic material, ensuring the preservation of the freshness of food products.

Growing Adoption by Manufacturers to Propel Flexible Segment Expansion

By packaging type, the market is categorized into rigid and flexible. The flexible segment leads the market and holds a dominant share. The segment’s growth is attributed to manufacturers' growing adoption of flexible packaging products owing to their properties, which include being lightweight, cost-effective, and sustainable.

Growing Use of Packaging Solutions to Propel Meat, Poultry & Seafood Segment Growth

By food type, the market is categorized into fruits & vegetables, ready-to-eat products, dairy products, meat, poultry & seafood, bakery & confection, and others. The meat, poultry & seafood segment holds the largest share of the market. The growing use of packaging solutions to packaging meat to obtain the best quality and prevent excessive water evaporation drives segment expansion

Geographically, the market is studied across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Report Coverage:

The report offers:

• Major growth drivers, restraining factors, opportunities, and potential challenges for the market.
• Comprehensive insights into regional developments.
• List of major industry players.
• Key strategies adopted by the market players.
• The latest industry developments include product launches, partnerships, mergers, and acquisitions.

Drivers & Restraints:

Growing Food Waste Awareness to Propel Market Expansion

Increasing awareness regarding decreasing food waste is creating a positive outlook, further driving the frozen food packaging market growth. The increasing anxiousness of the customers is related to the environmental impacts of excessive food wastage, and seeking ways to decrease food wastage drives the market's growth.

However, the increasing choice of hot food rather than frozen food products is expected to decrease the sales of frozen food packages, hindering market expansion.

Regional Insights:

Growing Preference Toward Convenience Food Propel Market Growth in Europe

Europe is dominating the frozen food packaging market due to consumer’s increasing preference for convenience food and the substantial growth of online grocery.

North America is the second dominating region in the global market, with increasing sales of frozen food products through retail chains, including supermarkets, comfort stores, and others.

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Market Trends:

Sustainability Focus:

• Growing consumer preference for eco-friendly packaging materials such as biodegradable plastics, paper, and reusable containers.
• Companies are investing in reducing plastic usage and adopting recyclable and compostable packaging solutions.

Smart Packaging Technology:

• Adoption of intelligent packaging solutions such as temperature indicators, freshness sensors, and QR codes to enhance food safety and reduce waste.
• These technologies enable consumers and retailers to track the condition of frozen foods during transit and storage.

Growth in Ready-to-Eat and Convenient Food Products:

• An increasing number of consumers are opting for ready-to-eat and heat-and-eat frozen meals due to busy lifestyles, driving demand for specialized packaging that maintains product freshness and flavor.

E-Commerce and Online Food Delivery Boom:

• The rise of online grocery shopping and food delivery services has led to innovations in packaging designed for efficient home delivery, especially for frozen products.

Innovations in Packaging Materials:

• Development of advanced materials such as vacuum-sealed and insulated packaging to preserve product quality during transportation.

Competitive Landscape:

Increasing Key Players Focus on Customer Base Expansion to Drive Market Growth

In terms of the competitive landscape, the frozen food packaging market consists of key players, such as ProAmpac, WestRock Company, and others. The increasing focus of these key players on customer base expansion and innovations globally to drive market growth.

Key Industry Development:

September 2023 –   Ahlstrom and The Paper People LLC, a sustainable packaging manufacturer, partnered to develop fiber-based frozen food packaging. A new line of fully fiber-based and recyclability-certified packaging has been developed to replace traditional plastic films and fossil-based plastic in the packaging of frozen foods.

Get More Information:   https://www.fortunebusinessinsights.com/frozen-food-packaging-market-109236

List of Key Players Present in the Report :

• ProAmpac (U.S.)
• Sonoco (U.S.)
• WestRock Company (U.S.)
• Graphic Packaging International, LLC (U.S.)
• Pactiv Evergreen Inc. (U.S.)
• Anchor Packaging LLC (U.S.)
• Mondi (U.K.)
• Amcor (Switzerland)
• Qingdao Yilucai Packaging Co., Ltd (China)
• KOROZO GROUP (Turkiye)

The global   tube packaging market   size was valued at USD 9.27 billion in 2023 and is projected to grow from USD 9.74 billion in 2024 to USD 15.16 billion by 2032, exhibiting a CAGR of 5.69% during the forecast period. Tubes are mainly utilized for ointments, creams, gels, and other thick products. Some of the producers also use plastic packaging when they need sturdier packaging. The surging demand for eye-catching and attractive packaging drives the market expansion.

Fortune Business Insights™   mentions this in a report titled, “ Tube Packaging Market, 2024-2032 .”

Segments

Surging Demand for Laminate Tubes to Propel Segment Growth

Based on type, the market is classified into plastic, aluminum, laminate, and others. The laminate segment accounts for the dominant tube packaging market share. The rising demand for laminate tubes in the cosmetics and personal care industry drives the segment’s dominance.

Growing of Tubes in the Pharmaceutical Sector to Augment Up To 50 ml Segment Growth

By capacity, the market for tube packaging is categorized into up to 50 ml, 51 ml to 100 ml, 101 ml to 150 ml, and above 150 ml. The up to 50 ml segment dominates the market in terms of share. The growing use of tubes in the skin care products packaging and pharmaceutical sector due to the surging use in the trial packs. 

Personal Care & Cosmetics Segment to Dominate Due to Surging Demand for Cosmetics Products

On the basis of end-use, the market is divided into personal care & cosmetics, food, pharmaceutical, home care, and others. The personal care & cosmetics segment accounts for the dominant market share. The surging demand for cosmetics products, including creams, lotions, and gels, involving easy-to-use and convenient packaging drives the segment expansion.

Geographically, the market is studied across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Report Coverage

The report offers:

• Major growth drivers, restraining factors, opportunities, and potential challenges for the market.
• Comprehensive insights into regional developments.
• List of major industry players.
• Key strategies adopted by the tube packaging market players.
• The latest industry developments include product launches, partnerships, mergers, and acquisitions.

Drivers & Restraints

Surging Middle Class and Disposable Income to Boost Market Expansion

The surging disposable income and middle class population in the emerging markets boost the growth of the segments, including premium beauty and personal care products. The surging demand for fragrances and grooming products for men is expected to propel the tube packaging market growth during the forecast period.

However, these tubes discharge chemicals from the plastic used in the product, resulting in the absorption of toxic chemicals via skin during use that cause skin irritation may impede market expansion.

Regional Insights

Surging Innovation to Drive Market Growth in Asia Pacific

Asia Pacific accounts for the dominant share in the market for tube packaging. The growth of the region is propelled by the increasing innovation and growing demand for sustainable packaging across Asia Pacific, owing to the awareness among people.

North America is witnessing a significant growth rate due to the increasing demand for personal care products, such as leave-in treatments and shampoo, specifically for runners, swimmers, and workout junkies.

Competitive Landscape

Major Market Players are Providing Innovative Packaging to Lead Market Growth

The tube packaging market is highly competitive and includes key players, such as ALPLA, ALLTUB, and others. These major market players are offering innovative packaging to lead the market, propelling market growth.

Get More Information:   https://www.fortunebusinessinsights.com/tube-packaging-market-109633

Key Industry Development

May 2023 –   Stora Enso, in partnership with Blue Ocean Closures and AISA, produced a paperboard tube with a fiber-based closure. This new and innovative wood fiber-based concept will help the brand owners raise the renewable material share in their packaging. This new solution consists of over 85% fiber content, which is the highest available portion in a tube design.

List of Key Players Present in the Report :

• Albéa Group (France)
• ALPLA (Austria)
• Amcor plc (Switzerland)
• ALLTUB (France)
• Essel Propack Ltd. (India)
• Huhtamaki Oyj (Finland)
• CCL Industries (Canada)
• Berry Global (U.S.)
• TUBAPACK, a.s. (Slovakia)
• LINHARDT (Germany)
• Montebello Packaging (Canada)
• Pirlo Holding GmbH (Austria)
• Lajovic Tuba (Slovenia)
• Evergreen Resources (China)
• Antilla Inc. (India)

The global   flexible plastic packaging market   was valued at USD 149.32 billion in 2023 and is projected to grow from USD 157.74 billion in 2024 to USD 250.34 billion by 2032, exhibiting a CAGR of 5.94% during the forecast period. A massive range of protective attributes and assurance pertaining to minimal material usage is provided by flexible plastic packaging. The minimal cost of production, extensive deployment of the packaging in many end-use industries, and ease of customization and reusability are fostering the market growth.

Fortune Business Insights™   provides this information in its research report, titled   “Flexible Plastic Packaging Market, 2024-2032”.

Segmentation:

By Material Type

• Polyethylene (PE) : Widely used due to its flexibility and durability; accounts for a large share of the market.

• Polypropylene (PP) : Offers clarity, high tensile strength, and resistance to chemicals.

• Biodegradable Plastics : Emerging segment, experiencing rapid growth driven by regulatory pressures and sustainability demands.

By Application

• Food & Beverages : The largest application segment due to the growing demand for packaged, ready-to-eat food products.

• Pharmaceuticals : Increasing demand for flexible, sterile, and secure packaging for medicines, syringes, and medical devices.

• Personal Care & Cosmetics : Demand for premium, aesthetically appealing packaging for skincare, haircare, and other personal products.

By Packaging Type

• Pouches : Versatile and increasingly popular due to their flexibility, lightweight nature, and ability to extend shelf life.

• Wraps : Used widely for packaging food products, offering protection and convenience.

• Bags : Popular across various industries, especially for food and grocery applications.

Report Coverage

The report provides a comprehensive coverage of the key driving and restraining factors impacting the market growth. In addition, it offers vital insights into the top trends, the impact of the COVID-19 pandemic on the market growth, and notable industry developments. Besides this, the report mentions the strategic measures implemented by top companies in detail.

Drivers and Restraints:

Surging   Demand for Biodegradable Packaging to Escalate the Market Growth

One of the key factors propelling the flexible plastic packaging market growth is a rise in the demand for biodegradable packaging. The market is witnessing the emergence of this type of packaging as a feasible alternative to address concerns related to sustainability. It has more cost-effectiveness than eco-friendly alternatives including glass or metal.

However, the advantages offered by rigid packaging over flexible may hamper the market growth.

Regional Insights:

Asia Pacific Leads Due to Growing E-commerce Industry

The Asia Pacific market for flexible plastic packaging accounts for the largest share. This is on the back of the surging e-commerce industry in emerging countries.

North America is the second-leading region due to initiatives adopted by manufacturers for new product development.

Competitive Landscape:

Leading Companies Deploy Collaboration Strategies to Introduce Innovative Products

The flexible plastic packaging market depicts a highly competitive and fragmented structure. Huhtamaki, Amcor, Sonoco Products Company, Berry Global, Sealed Air, and others are some of the key companies in the market. Many strategic measures, including joint ventures, product innovations, and capacity expansions, are being focused on by leading companies to boost their industry standing. Several companies are also focusing on collaborations to launch innovative products.

Get More Information:   https://www.fortunebusinessinsights.com/flexible-plastic-packaging-market-108075

Key Industry Development:

November 2023:   Mondi announced a collaboration with Skånemejerier to develop a mono-material, polypropylene (PP) based packaging for cheese. Moreover, high barriers against water vapors and oxygen are provided by the mono-material solution.

List of Key Players Mentioned in the Report:

• Amcor (Switzerland)
• Berry Global (U.S.)
• Sealed Air (U.S.)
• Aluflexpack AG (Switzerland)
• Bak Ambalaj Sanayi (Türkiye)
• Constantia Flexibles (Austria)
• Clondalkin Group (Netherlands)
• Danaflex Group (Russia)
• Printpack, Inc. (U.S.)
• ProAmpac Intermediate, Inc. (U.S.)
• Huhtamaki (Finland)
• Mondi (U.K.)
• Sonoco Products Company (U.S.)
• Coveris (Austria)
• Transcontinental Inc (Canada)

The global   medical device packaging market   size was valued at USD 25.67 billion in 2023 and is projected to grow from USD 26.99 billion in 2024 to USD 41.57 billion by 2032, exhibiting a CAGR of 5.55% during the forecast period. Medical devices packaging products are widely used in the healthcare industry to offer high protection to the medical instruments against contamination and corrosion caused by the external environment. Various items, such as cartons, boxes, films, trays, and pouches are used in medical packaging. The rising launch of new and innovative medical instruments in the market is one of the major factors boosting the market’s growth.

Fortune Business Insights™ displays this information in a report titled, "Medical Devices Packaging Market, 2024-2032".

Segmentation:

Plastic-based Medical Packaging Products Gain High Traction Due to Their Better Aesthetics

Based on material, the market is segmented into plastic {Polyethylene (PE), Polyethylene Terephthalate (PET), Polyvinyl Chloride (PVC), Polypropylene (PP), others}, aluminum, paper & paperboard, and others. The plastic segment is dominating the medical devices packaging market share as this material offers improved aesthetics and comes in a variety of forms, from opaque to clear, thereby catering to all kinds of packaging requirements.

Flexibility and Ease of Use Makes Trays Popular Packaging Product Among Medical Device Makers

Based on product type, the market is segmented into boxes & cartons, bags & pouches, trays, clamshells, laminates, films, and others. The tray segment accounts for the biggest market share as this type of packaging has several key properties, such as high flexibility and ease of use. They also offer high resistance against harmful chemicals, microbes, and gas.

Robust Safety Offered by Disposable Consumables Amplifies Their Adoption

Based on application, the market is divided into disposable consumables, therapeutic equipment, and monitoring & diagnostic equipment. The disposable consumables segment has captured the biggest market share as these products are disposed of after a single use, thereby enhancing patient safety considerably.

With respect to region, the market covers North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Market Trends:

• Growth in the Home Healthcare Sector : With an aging population and an increasing focus on home-based medical care, there is rising demand for packaging solutions that ensure the safe delivery of medical devices for at-home use.

• Sustainability Initiatives : A significant trend is the increasing adoption of   eco-friendly and recyclable packaging materials . Regulatory pressures and consumer preferences are pushing manufacturers toward sustainable packaging solutions.

• Technological Advancements : Smart packaging with RFID tags and sensors is being integrated to track devices in real time and ensure their safety and functionality.

• Sterile Packaging Demand : As surgeries and invasive procedures increase globally, there is a rising demand for sterile packaging solutions that protect devices from contamination.

Report Coverage:

The report has conducted a detailed study of the market and highlighted several critical areas, such as leading product types, materials, applications and key market players. It has also focused on the latest market trends and the key industry developments. Apart from the aforementioned factors, the report has given information on many other factors that have helped the market grow.

Drivers and Restraints:

Rising Demand for Pouches for Packing Medical Instruments to Drive Market Progress

Many medical device manufacturers are opting for pouches to pack their products as they are quite cost-effective and have lesser production lead times as compared to other packaging products. Pouches are majorly used to pack soft, semi-soft, small, and medium-sized medical equipment. They offer sufficient space for the devices, thereby ensuring their safety during transportation as well. These benefits are boosting the demand for pouches to pack medical devices.

However, many governments across the world are implementing strict laws and regulations regarding the inclusion of plastics in medical devices packaging, which can hamper the medical devices packaging market growth.

Regional Insights:

Development of Novel Medical Technologies Helps North America Dominate Global Market

North America has held a dominant position in the global medical devices packaging market as many reputed market players are trying to develop innovative medical technologies and software. The integration of these technologies into medical devices packaging products have made them quite safe and versatile, thereby contributing to the regional market’s growth.

Asia Pacific is also expected to register robust growth as China has a vast medical device market, which is increasing the use of medical device packaging products.

Competitive Landscape:

Key Market Participants to Focus On Launching New Products to Remain Competitive

The market is quite competitive and fragmented as a small number of major players are leading the market’s growth. Some of these companies are launching novel medical device packaging solutions to expand their product portfolios and increase their customer base. These launches will also help them stay ahead of the market competition.

Get More Information:   https://www.fortunebusinessinsights.com/medical-devices-packaging-market-108354

Notable Industry Development:

January 2020 –   Sonoco, an eco-friendly and diversified global packaging company, acquired Thermoform Engineered Quality LLC and Plastique Holdings, LTD (together TEQ), a global producer of thermoformed packaging solutions that serves the medical device, healthcare, and consumer markets, from ESCO Technologies, Inc. The total value of the acquisition was USD 187 million, and is expected to help Sonoco expand its distribution network.

LIST OF KEY COMPANIES PROFILED IN THE REPORT:

• Amcor (Switzerland)
• 3M Company (U.S.)
• DuPont (U.S.)
• AR Packaging (U.S.)
• Shanghai Jianzhong Medical Packaging Co., Ltd. (China)
• Printpack (U.S)
• Avient Corporation (U.S.)
• Oliver Healthcare Packaging (U.S.)
• Steril Medipac (India)
• Dordan Manufacturing, Inc. (U.S.)

The global   retort packaging market   size was valued at USD 4.62 billion in 2023 and is projected to be worth USD 4.85 billion in 2024 and reach USD 7.51 billion by 2032, exhibiting a CAGR of 5.61% during the forecast period. A retort pouch is food packaging type produced by using a laminate of metal foils and flexible plastic. The increasing use of retort pouches, cups, and trays in the food industry to propel the adoption of retort pouches.

Segments

The global retort packaging market is segmented based on product type, material, application, and region.

a)   By Product Type :

• Pouches : The most dominant segment, pouches account for the largest market share due to their flexibility, light weight, and cost-effectiveness.
• Trays : Used mainly for packaging meals that require reheating.
• Cartons : Gaining popularity due to their eco-friendliness.

b)   By Material :

• Polypropylene (PP) : One of the most widely used materials in retort packaging due to its high heat resistance.
• Polyethylene Terephthalate (PET) : Used for its durability and resistance to heat.
• Aluminum Foil : Known for its excellent barrier properties to oxygen and moisture.

c)   By Application :

• Food & Beverages : This is the largest application segment, driven by demand for ready meals, baby food, and pet food. The ready-to-eat meal segment is seeing robust growth due to busy lifestyles.
• Pharmaceuticals : Retort packaging is increasingly used to extend the shelf life of medical supplies.
• Personal Care : A smaller but growing segment, used for packaging temperature-sensitive cosmetic products.

Report Coverage

The report offers:

• Major growth drivers, restraining factors, opportunities, and potential challenges for the market.
• Comprehensive insights into regional developments.
• List of major industry players.
• Key strategies adopted by the market players.
• The latest industry developments include product launches, partnerships, mergers, and acquisitions.

Request For Sample Report:   https://www.fortunebusinessinsights.com/enquiry/sample/retort-packaging-market-109989

Drivers & Restraints

Increasing Consumption of Packaged Food by Consumers to Drive Market Growth

The surging intake of packaged food by consumers along with the increasing demand for ready-to-eat food items drive the retort packaging market growth. The market growth is also propelled by the growing interest of consumers toward packaged food and rising food industry globally.

However, the high cost of primary machine and the complexity of the process may impede the market expansion.

List of Key Players Present in the Report :

• Amcor (Switzerland)
• Sealed Air (U.S.)
• Coveris (Austria)
• Mondi (U.K.)
• Huhtamaki Oyj (Finland)
• Sonoco Products Company (U.S.)
• Constantia Flexibles (Austria)
• ProAmpac (U.S.)
• Flair Flexible Packaging Corporation (Canada)
• Winpak Ltd. (Canada)
• Logos Packaging (China)
• DNP America (U.S.)
• HPM Global Inc. (South Korea)
• Printpack (U.S.)
• Tetra Pak (Switzerland)

Regional Insights

Asia Pacific Dominates the Market Due to Increase in Cost-Effective Packaging Solutions Demand

Asia Pacific is the leading region in the retort packaging market share. The region’s growth is attributed to the increasing demand for cost-effective packaging solutions integrated with the growing packaged foods demand, such as ready to eat meals, and changing consumer lifestyles.

North America is the second leading region in the market due to the surging use of retort trays, pouches, and containers owing to their features, including lightweight and portability.

Competitive Landscape

Key Players are Offering Innovative Packaging Solutions Driving Market Expansion

In terms of the competitive landscape, the market consists of key players, including Amcor, Coveris, and others. These major players in the market are offering innovative packaging solutions in the packaging industry to maintain competitive edge in the market.

Get More Information:   https://www.fortunebusinessinsights.com/retort-packaging-market-109989

Key Industry Development

April 2022 –   ProAmpac launched high-performance retort pouches containing post-consumer recycled materials. The company had developed these unique ProActive PCR retort pouches to fulfill the increasing demand for post-consumer recycled (PCR) packaging solutions.

Challenges

• High Production Costs : The cost of manufacturing retort packaging can be high, especially when using advanced materials like aluminum or recyclable plastics.
• Regulatory Barriers : Strict regulations around food safety, particularly in Europe and North America, can pose challenges for manufacturers in developing new packaging materials and methods.