Global Thin Wall Packaging Market Size is projected to reach USD 71.22 billion by 2028, growing at a CAGR of 5.85%

Thin wall packaging can be described as a form of packaging product that uses thin and lightweight plastics, saving time and cost-effectively manufacturing these items. The use of resources at a better production rate produces higher cost efficiency and thereby reduces the cost of the product. In a range of vertical industries, mainly in the food and beverage industry, this form of packaging is used.

Thin wall packaging market will reach an estimated valuation of USD 71.22 billion by 2028, while registering this growth at a rate of 5.85% for the forecast period of 2021 to 2028. Thin wall packaging market report analyses the growth, which is currently being growing due to the increasing demand for customer-friendly and lightweight packaging.

Increasing consumption of on-the-go-food products, especially by working population, rising levels of disposable income of the people, changes in the lifestyle of the people, rapid urbanization, growing number of initiatives by the government against food safety procedures while promote the companies to look for a better option in terms of packaging materials, rising preference for lightweight, cost-efficient, convenient, and end user-friendly packaging are some of the major as well as important factors which will likely to augment the growth of the thin wall packaging market in the projected timeframe of 2021-2028. On the other hand, increasing number of research and development activities along with rising applications from emerging markets which will further contribute by generating massive opportunities that will lead to the growth of the thin wall packaging market in the above mentioned projected timeframe.

Thin wall packaging market is segmented on the basis of product type, production process, material, and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.

Thin wall packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to thin wall packaging market.

The major players covered in the thin wall packaging market report are Amcor plc; Berry Global Inc.; SILGAN HOLDINGS INC.; PACCOR GROUP; Mold-Tek Packaging Ltd.; Greiner Packaging; DOUBLE H PLASTICS, INC.; by Novio Packaging B.V.; GUILLIN Group; Omniform; Takween Advanced Industries; Sanpac; Uniplast Knauer GmbH & Co. KG; Sunrise Plastics; Insta Polypack; PLASTIPAK INDUSTRIES INC.; Jrd International; Shree Rama Multi-Tech Ltd.; ACMEPAK PLASTIC PACKAGING, LTD.; Faerch A/S; among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.