Clamshell Packaging Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecastembed
The global clamshell packaging market is calculated to value over US $ 7 billion by the end of 2026 and grow at a CAGR of over 6% during the forecast period of 2018-2026.
Clamshell Packaging Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2018 to 2026 The global clamshell packaging market is calculated to value over US $ 7 billion by the end of 2026 and grow at a CAGR of over 6% during the forecast period of 20182026. Clamshell packaging is a rigid packaging format that ensures the protection of the product during storage and transportation. The design of clamshell packaging includes two halves of thermoformed plastic shell hinged or heat sealed together. Clamshell packaging is usually clear and transparent which allows better product view. It is used to protect consumer goods and electronics to ensure product durability. The packaging also prevents damage to the product. Clamshell is made of paper and are often used in packaging in electronics, cosmetics and food industries. It helps in providing safety to the products from contamination. It’s affordable and can be manufactured effortlessly. The market is divided into Poly Vinyl Chloride, Terephthalate, Molded Fiber, Polyethylene and Polypropylene. In the coming years, Polyethylene is predicted to be dominating the market. Increasing importance of thermoformed plastic in packaging led to the rapid evolution of clamshell packaging material. It offers custom moulding according to requirement and offers maximum versatility in merchandising goods. It can be integrated with compelling graphics and improve the aesthetics of product packaging. It is proven effective for handling heavy products and can be reusable. The rapid advancement of research activities led to the development of clamshell-PE bags for increasing protection of products from the external environment. It retained the anti-bacterial properties and mitigated safety concerns from metal leakages. Along with this, they also offer stability against solvents and prolong the shelf life of consumer products. All these factors led to the burgeoning growth of the market during the forecast period. The growing use of plastic in clamshell packaging is harming the growth of the market. Growing plastic is harming the environment and the increasing demand for being eco-friendly and using eco-friendly products has hindered the growth of the market. Environmental conservationists and activist are making aware of the harm the plastic does to the environment and it’s providing to resist the growth of the market. Changing economic conditions and increasing demand for clamshell packaging in developing economies like the Asia Pacific and Latin America created potential opportunities for manufacturers. Along with this, increasing manufacturing companies in these regions led to the robust growth of the market and witnessed the highest growth rate during the forecast period. North America market is expected to witness a high market share in the global market due to high adoption among enduser segments. It is followed by the European region and it accounts a significant share in the global market. Rest of the world market is expected to account a small fraction of market share due to less adoption. Clamshell Packaging market players include Creative Plastics, Visipak Inc., Universal Plastics Corporation, Westrock Company, Amcor Limited, Placon Corporation Inc., Smurfit Kappa Group Plc. and others. Clamshell Packaging Market Restraints: • Increase in plastics posing a threat to the environment • Increasing use of eco-friendly products Request a Sample Report @ https://www.futurewiseresearch.com/requestsample.aspx?id=186&page=requestsample Clamshell Packaging Market Segmentation By Product Type • Trays • Bowls • Boxes & Containers By End User • Food • Cosmetics & Personal Care • FMCG • Pharmaceuticals • Others By Region • North America • Latin America • Europe • Asia Pacific • Rest of the World Purchase a Copy & Ask For Discount: https://www.futurewiseresearch.com/requestsample.aspx?id=186&page=askfordiscount Competitive Landscape: • Tier 1 players- established companies in the market with a major market share • Tier 2 players • Emerging players which are growing rapidly • New Entrants FutureWise Key Takeaways • Growth prospects • SWOT analysis • Key trends • Key data-points affecting market growth Objectives of the Study: • To provide with an exhaustive analysis on the global clamshell packaging market by product type, by end user, by region • To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints) • To evaluate and forecast micro-markets and the overall market • To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East • To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions • Profiling of companies to evaluate their market shares, strategies, financials and core competencies Browse Corresponding Packaging Market Research Reports & Consulting Inquire further details about this report at: [email protected] About FutureWise Research: We specialise in high-growth niche markets, assuring flexibility, agility and customised solutions for our clients. Through in-depth market insights and consultancy, we present our clients with the tools they need to be at the forefront of their industry – a position secured for far more than the near future. Contact Us: Company Name: FutureWise Research Contact Person: Vinay Thaploo Email: [email protected] Phone: +44 141 628 9353 / +1 970 279 4295 City: Leeds Country: United Kingdom Website: www.futurewiseresearch.com