Call Us Sign-Up/Sign-In
Spain Brazil Russia France Germany China Korea Japan

Artificial Intelligence driven Marketing Communications

North America Thermoformed Container Market Expected to Reach USD 8,192.8 Million by 2027


North America Thermo

iCrowdNewswire   Jan 13, 2021  6:00 AM ET

Cover Page_North America Thermoformed Container Market

According to a recent market study published by Growth Market Reports (GMR), titled, “North America Thermoformed Container Market by Type, Material Type, Application and Countries: Size, Share, Trends and Opportunity Analysis, 2017-2027”, the market was valued at USD 6,149.6 Million in 2019 and is expected to grow at a growth rate of 4.2% by the year 2027.

Request a free sample copy: https://growthmarketreports.com/request-sample/95

The North America Thermoformed Container market is anticipated to grow thermoformed container are widely consumed in automotive packaging as it is lightweight yet stronger than the conventional packaging materials such as glass and wood. These properties also enable their application in a lightweight, strong, and efficient consumer goods and appliances. Thermoformed container are also used in the construction sector for manufacturing concrete, flooring, and furniture which is expected to further fuel the market during the review period. Furthermore, properties such as chemical resistance, heat deflection, rigidity, and dielectric strength account for the adoption of thermoformed container in electrical and electronic appliances, resulting in the increasing sales and consumption, which is projected to drive the market. The market developments such as acquisition and expansion are likely to offer substantial opportunities for the market growth.

The North America Thermoformed Container market is fragmented based on types, material types, application and region. Based on types, the North America Thermoformed Container market is segmented into blisters, clamshells, cups and bowls, trays and lids and others. Based on material type, the North America Thermoformed Container market is segmented into polypropylene, polyethylene, polyvinyl chloride, polystyrene, and polyethylene terephthalate (PET), others. Based on application, the North America Thermoformed Container market is segmented into food and beverages, pharmaceuticals, cosmetics and personal care, electronics and electricals, home care products and others.

Based on region, the global north America Thermoformed Container market is segmented into North America. The North America region is further bifurcated into countries such as the US, and Canada.

As per GMR industry analyst Akshata Ahire, “The Global North America Thermoformed Container market is anticipated to witness significant growth during forecast period 2020-2027. The market is driven by the increasing disposable income, increasing demand for ready-to-eat food, and increasing demand for food and healthcare packaging are some of the major driving factors of the thermoformed containers market. Increasing demand for thermoformed plastic products in the food industry is mainly driven by increased sales of canned and packaged food products. Increased demand for canned and packaged food products are mainly driven by changing lifestyle of people, rising urbanization, and hectic life schedule. Growing demand from automobile industry for various light weight parts with the focus to improve vehicle efficiency is anticipated to increase the growth of the thermoformed plastic market during the forecast period. Moreover, increasing number of applications in automobiles industry such as bumpers, dashboards, and packaging of automobiles parts is anticipated to fuel the demand for thermoformed container over the forecast period.

For More Information: https://growthmarketreports.com/enquiry-before-buying/95

Increasing disposable income in developing countries such as India and China is expected to increase growth of the thermoformed plastic products market. Increasing disposable income allows customers to spend more on convenience, ready-to-eat, and packaged food, which indirectly boost demand for thermoformed plastic products in the food packaging industry.

Key Takeaways from the Study:

Buy Full Report at https://growthmarketreports.com/report/thermoformed-container-market-north-america-industry-analysis

Report Scope:

Report Metric

Details

Market Value in 2019

USD 6,149.6 Million

Market Growth Rate (from 2021 to 2027)

4.2%

Historical Data

2017 & 2018

Base Year

2019

Forecast Period

2020 – 2027

Units Considered

Value (US$ Million)

Market Segments

By Types, By Material Types, and By Application

Regional Scope

North America, Europe, Latin America, Asia Pacific, Middle East & Africa (MEA)

Country Scope

US and Canada

Key Companies Profiled

Sonoco Products Company,Fabri-Kal,Reynolds Group Holding Limited (Pactive LLC), Dart Container Corporation, Placon, Berry Global Inc., WINKPAD LTD., Anchor Packaging,Huhtamaki, Silgan Holdings Inc., DS Smith, Bemis Company, Inc., (Amcor plc),Thrace Group, Universal Protetive Packaging, Inc. , Universal Container Group,Inc., Dordan Manufacturing Company,LINDAR Coproration,Printpack, Plastic Ingenuity and Prent Corporation

Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail tailor-made purchase options to meet your research requirements.

Target Audience:

Request a free sample copy: https://growthmarketreports.com/request-sample/95

About Us:
Our reports are more than just research reports to us. They are tools that enable us to maintain long-term relationships with our clients whom we honor and cherish. Our client’s business growth is integral for not only them but also us. This is what differentiates us from other market research companies.

At GMR, we provide our expertise and guideline for success. Our team of efficient and experienced researchers and consultants provide progressive market intelligence reports that are accurate, authentic, and in-depth. This empowers the clients to make well-informed decisions.

Moreover, we offer market intelligence studies, ensuring relevant and fact-based research across a range of industries including chemicals and materials, energy, automobile, healthcare, consumer goods, and technology. Our deep understanding of many business environments across industries such as those mentioned above allows us to deliver tailor-made reports.



Contact Information:

Alex Mathews
Head of Business Development
Phone No.: +1 909 545 6473
Email - sales@GrowthMarketReports.com
Website - https://GrowthMarketReports.com
Address - 500 East E Street, Ontario, CA 91764, United States.






Keywords:    Thermoformed Container Market, Thermoformed Container Market analysis, Thermoformed Container Market forecast, Thermoformed Container Market players, Thermoformed Container Market scope, Thermoformed Container Market share, Thermoformed Container Market size, Thermoformed Container Market trends

Tags:    Reportedtimes, iCN Internal Distribution, Research Newswire, English