PUBLISHER: The Business Research Company | PRODUCT CODE: 1931669
PUBLISHER: The Business Research Company | PRODUCT CODE: 1931669
Thermoform packaging is a plastic packaging solution made by heating plastic sheets and shaping them into specific forms to create lightweight, durable packaging. It is widely used across manufacturing sectors for providing protective, cost-efficient, and visually appealing packaging options.
The primary types of thermoform packaging include blister, clamshell, skin, and other variations. Blister packaging involves a plastic cavity that securely holds a product, often sealed with a backing made from paperboard or aluminum. The materials used in thermoform packaging include plastic, aluminum, paper, and paperboard, with heat-sealing coatings based on water, solvent, or hot melt methods. The main industries using thermoform packaging are food and beverages, pharmaceuticals, electronics, home and personal care, and other sectors.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs are influencing the thermoform packaging market by increasing costs of imported plastic sheets, aluminum foils, heat-sealing coatings, and thermoforming machinery components. Food, pharmaceutical, and electronics packaging manufacturers in North America and Europe are most affected due to reliance on imported materials and equipment, while Asia-Pacific faces export pricing pressures. These tariffs are raising capital expenditure and packaging costs for converters. At the same time, they are driving regional material sourcing, localized machinery manufacturing, and innovation in recyclable and mono-material thermoform packaging solutions.
The thermoform packaging market research report is one of a series of new reports from The Business Research Company that provides thermoform packaging market statistics, including thermoform packaging industry global market size, regional shares, competitors with a thermoform packaging market share, detailed thermoform packaging market segments, market trends and opportunities, and any further data you may need to thrive in the thermoform packaging industry. This thermoform packaging market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The thermoform packaging market size has grown strongly in recent years. It will grow from $52.35 billion in 2025 to $55.6 billion in 2026 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to expansion of packaged food consumption, growth of pharmaceutical blister packaging, rising use of plastic-based protective packaging, adoption of mass production packaging processes, increasing demand for cost-effective packaging.
The thermoform packaging market size is expected to see strong growth in the next few years. It will grow to $70.49 billion in 2030 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to increasing shift toward paper and bio-based thermoform materials, rising investments in smart packaging machinery, expansion of ready-to-eat food packaging, growing focus on sustainable packaging compliance, increasing demand for visually differentiated packaging. Major trends in the forecast period include increasing use of recyclable thermoform materials, rising demand for high-clarity packaging designs, growing adoption of automated thermoforming lines, expansion of lightweight rigid packaging solutions, enhanced focus on shelf appeal packaging.
The growing e-commerce sector is expected to drive the growth of the thermoform packaging market going forward. The e-commerce sector refers to buying and selling goods and services online through digital platforms such as websites, mobile apps, and online marketplaces. It is growing due to the increasing adoption of digital payments, which provide consumers with secure, fast, and convenient transaction options, enhancing the overall shopping experience. Thermoform packaging is widely used in e-commerce to protect products during storage and transit while enhancing presentation and customer experience. It is commonly employed for packaging electronics, cosmetics, healthcare products, and consumer goods in blister packs, clamshells, and custom trays. For instance, in February 2025, according to the Census Bureau of the Department of Commerce, a US-based government agency, total e-commerce sales were estimated at $1,192.6 billion in 2024, reflecting an 8.1% (+-1.1) increase from 2023. Therefore, the growing e-commerce sector is driving the growth of the thermoform packaging market.
Key players in the thermoform packaging market are focusing on developing sustainable packaging materials, such as fully recyclable mono-materials, to enhance sustainability, reduce environmental impact, and improve packaging efficiency while meeting evolving regulatory and consumer demands. A fully recyclable mono-material is made from a single type of polymer designed to be processed quickly within existing recycling systems without separation. For instance, in November 2023, Coveris, an Austria-based packaging company, launched MonoFlex Thermoform, a recyclable mono-material film for thermoform packaging, replacing non-recyclable mixed materials. Made from PE or PP and fully nylon-free, it offers strong barrier properties and puncture resistance while maintaining packing speeds. This innovation supports food sectors like bakery, meat, fish, poultry, and dairy, with options for printed or unprinted top films.
In February 2023, Neste Corporation, a Finland-based renewable energy and refining company, partnered with ILLIG Maschinenbau GmbH & Co. KG to advance sustainable thermoformed plastic packaging. The partnership integrates renewable and recycled materials into existing production processes. ILLIG Maschinenbau GmbH & Co. KG is a Germany-based company specializing in thermoforming and packaging machinery.
Major companies operating in the thermoform packaging market are Amcor plc, Berry Global Group Inc., Sonoco Products Company, Huhtamaki Oyj, Sinclair & Rush Inc., MULTIVAC SE & Co. KG, ProAmpac Holdings Inc., RPC Group Plc, Winpak Ltd., Coveris Holdings S.A., Genpak LLC, Greiner Packaging International GmbH, Bemis Company Inc., D&W Fine Pack LLC, Anchor Packaging Inc., Rohrer Corporation, Placon Corporation, ILLIG Maschinenbau GmbH & Co. KG, Plastic Ingenuity Inc., Graham Packaging Company L.P., Tekni-Plex Inc., Display Pack Inc
North America was the largest region in the thermoform packaging market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the thermoform packaging market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the thermoform packaging market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The thermoform packaging market consists of sales of tubs, cups, pouches, bowls, and inserts. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Thermoform Packaging Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses thermoform packaging market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for thermoform packaging ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The thermoform packaging market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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