US Rigid Thermoformed Plastic Packaging Market Overview 2019-2025: Industry Size, Share, Price Trends and Forecast | Grand View Research, Inc.

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Growing demand for rigid thermoformed plastic packaging in the food industry, for secure seals, improved shelf life and quality designs is expected to propel the market growth from 2019 to 2019, according to a new report released by Grand View Research. 2025.

The U.S. Rigid Thermoformed Plastic Packaging Market the size should reach $ 8.99 billion by 2025, expanding to a 2.7% CAGR, according to a new report from Grand View Research, Inc. Growing scope of products in food and beverage, pharmaceutical and personal care applications is expected to be the major growth driver of the market during the forecast period.

The food industry in the United States is a major user of rigid thermoformed plastic packaging solutions, with FDA approved food contact materials such as PET, PVC and PE, to avoid name a few. The rapid growth of the online catering and food delivery industry segments in the country is expected to have significant impacts on the growth of this packaging market during the forecast period.

The growth of single-serve meals, take-out food and ready-to-eat meals is expected to drive increased demand for rigid thermoformed plastic packaging solutions such as shells, trays and lids and containers. Other key food products using these packaging solutions include fresh fruit, deli meats, and baked goods.

Blister pack is a type of packaging commonly used for pharmaceutical, personal care and cosmetic, home care, and food packaging applications. Common materials used to produce blister packs include polyvinyl chloride, polyethylene, and polypropylene. These blister packs are most often used to package over-the-counter medications such as pills, tablets, and capsules. Other products that are typically packaged in these blisters include electronic devices such as batteries, headphones, cell phone accessories, and USB drives.

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Highlights of the United States Rigid Thermoformed Plastic Packaging Market Report

• Among the materials, the PET segment accounted for the largest share of over 42.0% of the overall market revenue in 2018. The growing demand for this material can be attributed to its properties such as non-toxic, strong and lightweight material. , as well as versatility, which makes it easy to use this material to make shells, containers, bowls, lids and trays

• PVC is an unbreakable and lightweight material compared to glass, and it also has good barrier properties, which makes it ideal for food preservation.

• Among product categories, containers dominated the market, accounting for over 32.0% of market revenue in 2018. Commonly used materials for container manufacturing include PET, PP and PS.

• The upward trend in the consumption of individual meals and take-out products, due to busier and changing lifestyles, is expected to increase the demand for containers during the forecast period.

• Diversified product offerings and mergers and acquisitions are among the major strategies adopted by the main market players to strengthen their competitive position in the market.

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Segmentation of the rigid thermoformed plastic packaging market in the United States

Grand View Research has segmented the US rigid thermoformed plastic packaging market on the basis of material, product and application:

United States Thermoformed Rigid Plastic Packaging Material Outlook (Volume, Kilotons; Revenue, USD Million, 2013 – 2025)

• Polyethylene terephthalate (PET)

• Polyvinyl chloride (PVC)

• Polystyrene (PS)

• Polypropylene (PP)

• Polyethylene (PE)

• Others

United States Rigid Thermoformed Plastic Packaging Product and Application Outlook (Volume, Kilotons; Revenue, USD Million, 2013 – 2025)

• Blister

• Food and drinks

• Electronics

• Personal care and cosmetics

• Pharmaceutical products

• Home Care

• Others

• Shells

• Food and drinks

• Electronics

• Personal care and cosmetics

• Pharmaceutical products

• Home Care

• Others

• Trays and lids

• Food and drinks

• Electronics

• Personal care and cosmetics

• Pharmaceutical products

• Home Care

• Others

• Containers

• Food and drinks

• Electronics

• Personal care and cosmetics

• Pharmaceutical products

• Home Care

• Others

• Others

• Food and drinks

• Electronics

• Personal care and cosmetics

• Pharmaceutical products

• Home Care

• Others

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Browse more related reports:

Plastic packaging market Size, Share and Trend Analysis Report by Product (Flexible, Rigid), Technology (Extrusion, Thermoforming), Application (Food & Beverage, Pharmaceuticals) and Segment Forecast, 2021-2028

About Grand View Search

Grand View Research is a market research and consulting company that offers market research reports, syndicated reports and personalized reports. The company is headquartered in San Francisco, California. It offers customer engagement for business consulting and market intelligence in various fields. The clientele is based in various countries with queries coming from more than 50 industries around the world.

Grand View Research helps clients make informed decisions by helping them understand current trends and scenarios. Each year, Grand View Research performs more than 300 multi-country market studies to optimize advice to clients.

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