Thin Wall Packaging Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020 – 2026 | By Kenneth Research

Kenneth Research has added a report on THIN WALL PACKAGING MARKET that involves the analysis of the product demand and Thin Wall Packaging Market on the basis of various factors and by using different analytical tools for the forecast period 2020-2026.

The THIN WALL PACKAGING MARKET is expected to grow at a significant CAGR during the forecast period. Increasing concern for landfills and plastic wastes around the globe, is raising the need for advanced packaging materials that contribute less to packaging waste. Moreover, increasing need for the recycling of packaging wastes is also anticipated to promote towards the growth of the Aerosol Cans Market. According to the statistics by the statistical division of the European Union, Eurostat, packaging wastes recycled in the European Nations increased from 95.7 kg/inhabitant in the year 2007 to 116.5 kg/inhabitant in the year 2017.

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Global Thin Wall Packaging Market is valued approximately USD 42.8 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 4.64% over the forecast period 2019-2026. The Thin Wall Packaging is helpful in protecting products and goods from contamination and physical damage during transportation. Packaging plays an important role in growth of any product-based business, as packaging provides protection, information transmission, convenience and security.with the rising demand for pre-packed and easily consumption food, the market for thin wall packaging is estimated to drive across the globe. The global market for thin wall packaging is set to flourish due to the rising demand from food & beverage industry, changing lifestyle, rapidly growth of urban population as well as increasing disposable income. The increasing demand for light-weight, customer-friendly, and cost-effective packaging, such as, packaging for cups,jars and food &beverages, and other such fragile products, has estimated to expand the growth of thin wall packaging market over the forecast period of 2019-2026.

The regional analysis of global Thin Wall Packaging Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. The Europe is the leading region across the world. The market of thin wall packaging of Europe is rising in domestic demand for food products & exports, and an increased in the consumption of packed food products. The growth is attributed to the rapid industrialization, increasing middle-class income, and penetration of the e-commerce industry in this region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026.

Major market player included in this report are:
Amcor
Reynolds Group Holdings
Berry Global Group
RPC Group PLC
Silgan Holdings
Paccor GmbH (Coveris Rigid)
LLip SRL
Mold-Tek Packaging
Greiner Packaging International
Double H Plastics

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

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By Product Type:
Tubs
Cups
Trays
Jars
Clamshell
Pots
Lids
By Product Process:
Injection Molding
Thermoforming
By Application:
Food
Beverages
Others
By Material:
Polypropylene(PP)
High-Density Polyethylene(HDPE) and Low-Density Polyethylene(LDPE)
Polyethylene terephthalate (PET)
Polystyrene (PS)
Polyvinyl Chloride (PVC)
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026

Target Audience of the Global Thin Wall Packaging Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

About Us

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

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