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Thermoform Packaging Market Share
- Report ID: GMI7823
- Published Date: Jan 2024
- Report Format: PDF
Thermoform Packaging Market Share
The thermoform packaging industry exhibits a moderate degree of concentration, with large players like Amcor and Sonoco holding significant market shares. However, a substantial portion (roughly 45-55%) comes from numerous smaller companies and regional players, creating a fragmented landscape. Larger players offer various price points based on volume and complexity. Companies like DS Smith emphasize customization and innovative features for premium pricing. Distribution networks are a key focus, ensuring efficient supply chain management and timely delivery.
Product innovation, particularly in the realm of sustainable materials and smart packaging technologies, serves as a differentiator for companies aiming to capture market share. Amcor's acquisition of Bemis in 2019 solidified its global leadership and expanded its food packaging footprint. Sonoco's launch of its EnviroSense™ sustainable packaging line caters to the growing demand for eco-friendly solutions. DS Smith's acquisition of IHS International further strengthens its paper-based packaging offerings and provides opportunities for integration with thermoforming solutions.
Thermoform Packaging Market Companies
Major players operating in the thermoform packaging industry include:
- Amcor Plc
- Sonoco Products Company
- DS Smith Plc
- WestRock Company
- Anchor Packaging, Inc.
- Placon Corp
- Display Pack Inc.
- Pactiv LLC
- Dart Container Corp.
- Constantia
- RPC Group Plc
- D&W Fine Pack
- Lacerta Group Inc.
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Thermoform Packaging Market Scope
