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Global Thermoformed Packaging Market to grow at a CAGR of 5.02% during the period 2016-2020.

Press Release   •   Nov 14, 2016 01:48 EST

About Thermoformed Packaging

Polyethylene terephthalate (PET), polyvinyl chloride (PVC), and acrylonitrile butadiene styrene (ABS) are the primary raw materials used for thermoformed packaging. Polylactic acid (PLA) is also being used by many thermoformed packaging manufacturers as it is easier to print on PLA thermoformed packages.

Technavios analysts forecast the Global Thermoformed Packaging Market to grow at a CAGR of 5.02% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global thermoformed packaging market for 2016-2020. To calculate the market size, the report considers the revenue generated by packaging vendors through the sales of packaging solutions for different goods.

The market is divided into the following segments based on geography:

APAC

Europe

North America

Download Detail Report With Complete TOC at: http://www.marketresearchreports.biz/sample/sample/867659

Technavio's report, Global Thermoformed Packaging Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

Anchor Packaging

Bemis

RPC

Sealed Air

Silgan

Sonoco Plastics

Other prominent vendors

Genpak

Greiner Packaging

Pactiv

Placon

Market driver

Use of thermoformed packaging in thin-walled containers.

For a full, detailed list, view our report

Market challenge

Volatile prices of resin and petroleum products.

For a full, detailed list, view our report

Market trend

Growing trends toward lightweight packaging products.

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?