Thin Wall Packaging Market Trends and Forecast
The future of the global thin wall packaging market looks promising with opportunities in the food & beverage, pharmaceutical, and cosmetic & personal care markets. The global thin wall packaging market is expected to reach an estimated $55.5 billion by 2030 with a CAGR of 6.2% from 2024 to 2030. The major drivers for this market are rising demand for lightweight and cost-effective packaging solutions in the food and beverage industry, growing preference for convenience and on-the-go consumption, and emphasis on sustainability, leading to increased adoption of recyclable and eco-friendly thin wall packaging material.
• Lucintel forecasts that polypropylene (PP) is expected to witness the highest growth over the forecast period.
• Within this market, food & beverage is expected to witness the highest growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Thin Wall Packaging Market
United States - Leading packaging companies like Amcor and Berry Global invest in advanced manufacturing technologies for thinner yet durable packaging materials. Government sets targets to reduce plastic waste, prompting companies to innovate sustainable alternatives and improve recycling infrastructure.
India - Packaging giants such as UFlex and Huhtamaki expand production capacities for thin wall packaging to meet growing demand in food and beverage sectors. Government encourages investment in packaging technology to enhance food preservation and reduce food waste, aligning with national development goals.
Germany - Companies like ALPLA and Greiner Packaging focus on developing recyclable and biodegradable thin wall packaging solutions to comply with strict environmental regulations. Government promotes research and development in eco-friendly packaging materials, setting ambitious targets for reducing plastic usage and carbon emissions.
China - Packaging leaders such as Zhongfu Industry and Shanghai Zijiang Enterprise Co. invest in automation and digitalization to improve efficiency and quality of thin wall packaging production. Government introduces incentives for companies adopting sustainable packaging practices, aiming to curb plastic pollution and promote circular economy initiatives.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Thin Wall Packaging Market by Segment
The study includes a forecast for the global thin wall packaging market by type, application, and region.
Thin Wall Packaging Market by Type [Value from 2018 to 2030]:
• Polypropylene (PP)
• Polyethylene (PE)
• Polystyrene (PS)
• Polyvinyl Chloride (PVC)
• Polyethylene Terephthalate (PET)
• Others
Thin Wall Packaging Market by Application [Value from 2018 to 2030]:
• Food & Beverages
• Pharmaceuticals
• Cosmetics & Personal Care
• Others
Thin Wall Packaging Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Thin Wall Packaging Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies thin wall packaging companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the thin wall packaging companies profiled in this report include-
• RPC
• Berry Global
• Alpha Packaging
• Reynolds Group Holdings
• Silgan Holdings
• Paccor
• Ilip Srl
Recent Development in the Thin Wall Packaging Market
Amcor: Introduces innovative lightweight packaging solutions using advanced materials, reducing environmental impact while maintaining product integrity.
Berry Global: Launches a new line of thin wall packaging products with enhanced barrier properties, catering to the increasing demand for shelf-stable and convenient packaging options.
UFlex: DeveloPS high-speed production technology for thin wall packaging, improving efficiency and reducing manufacturing costs for clients in the food and beverage industry.
ALPLA: Partners with sustainability organizations to implement circular economy initiatives, focusing on the development of recyclable and compostable thin wall packaging solutions to address environmental concerns.
Features of the Global Thin Wall Packaging Market
Market Size Estimates: Thin wall packaging market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Thin wall packaging market size by type, application, and region in terms of value ($B).
Regional Analysis: Thin wall packaging market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the thin wall packaging market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the thin wall packaging market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the thin wall packaging market size?
Answer: The global thin wall packaging market is expected to reach an estimated $55.5 billion by 2030.
Q2. What is the growth forecast for thin wall packaging market?
Answer: The global thin wall packaging market is expected to grow with a CAGR of 6.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the thin wall packaging market?
Answer: The major drivers for this market are rising demand for lightweight and cost-effective packaging solutions in the food and beverage industry, growing preference for convenience and on-the-go consumption, and emphasis on sustainability, leading to increased adoption of recyclable and eco-friendly thin wall packaging material.
Q4. What are the major segments for thin wall packaging market?
Answer: The future of the global thin wall packaging market looks promising with opportunities in the food & beverage, pharmaceutical, and cosmetic & personal care markets.
Q5. Who are the key thin wall packaging market companies?
Answer: Some of the key thin wall packaging companies are as follows:
• RPC
• Berry Global
• Alpha Packaging
• Reynolds Group Holdings
• Silgan Holdings
• Paccor
• Ilip Srl
Q6. Which thin wall packaging market segment will be the largest in future?
Answer: Lucintel forecasts that polypropylene (PP) is expected to witness the highest growth over the forecast period.
Q7. In thin wall packaging market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the thin wall packaging market by type (polypropylene (PP), polyethylene (PE), polystyrene (PS), polyvinyl chloride (PVC), polyethylene terephthalate (PET), and others), application (food & beverages, pharmaceuticals, cosmetics & personal care, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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