Thin Wall Packaging Market by Product Type (Tubs, Cups, Jars, Trays, Clamshells, Lids, Pots), Production Process (Thermoforming, Injection Molding), Material (PP, PE, PET, PS, PVC), Application (Food, Beverages), and Region - Global Forecast to 2023

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Date: 06-Nov-2018
No. of pages: 139
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“Growth of the food & beverage industry is expected to drive the overall growth of the thin wall packaging market”

The thin wall packaging market is expected to grow from USD 42.8 billion in 2018 to USD 53.7 billion by 2023, at a CAGR of 4.64% during the forecast period. The thin wall packaging market is driven by various factors, such as the growing demand from the food & beverage industry, increase in urban population, changes in lifestyles, and rise in disposable income. However, stringent regulations imposed on food packaging and its raw materials can hinder the growth of the market.

Polypropylene segment is expected to grow at the highest CAGR during the forecast period

The polypropylene segment is the fastest-growing in the thin wall packaging market, in terms of value. This is attributed to various benefits offered by polypropylene thin walled products such as high stiffness, heat resistance, steam barrier properties, elasticity, enhanced transparency, and strong impact and rigidity balance. Polyethylene terephthalate is projected to grow at the second-highest CAGR during the forecast period owing to its increasing application in the beverages application. Polystyrene, as a material for thin wall packaging, is projected to witness a decline in demand due to its negative environmental impact.

Injection molding segment is expected to hold the largest market share during the forecast period

The injection molding segment is expected to dominate the thin wall packaging market during the forecast period. This dominance is attributed to its numerous benefits, including faster production speed, increased productivity, lower cost of production, and uniformity. The thermo forming segment was the second-largest segment in the thin wall packaging market in 2017, in terms of volume.

Asia Pacific is expected to record the highest growth rate during the forecast period

The Asia Pacific is expected to have the highest growth rate during the forecast period. Key factors such as industrialization, growth in middle-class population, the rise in disposable income, ease of convenient & visible packaging, and the rise in demand for sustainable packed products are expected to drive the demand for thin wall packaging in the Asia Pacific during the forecast period.

Meanwhile, Europe is projected to hold the largest market share during the forecast period. This dominance is attributed to the increased demand for convenient, eco-friendly, visually appealing packaging, the rise in domestic demand for food products & exports, along with the expansion of retail chains in this region.

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the thin wall packaging marketplace.


  • By company type: Tier 1: 40%, Tier 2: 25%, and Tier 3: 35%

  • By designation: C-Suite: 35%, Directors: 30%, and Others:35%

  • By region: Asia Pacific: 45%,North America: 25%, Europe: 20%, South America: 5%, and Middle East & Africa: 5%


The thin wall packaging market comprises major manufacturers, such as Amcor (Australia), Berry Global (US), Silgan Holdings (US), PACCOR (Germany), RPC Group (UK), Reynolds Group (New Zealand), ILIP Srl (Italy), Mold-Tek Packaging (MTPL) (India), Greiner Packaging (Austria), Double H Plastics (US), Oosterbeek Packaging (Netherlands), Groupe Guillin (France), Omniform Group (Belgium), Takween Advanced Industries (Saudi Arabia), International Traders (Sanpac) (India), Knauer Holding (Germany), Sunrise Plastics (Australia), Insta Polypack (India), Dampack International (Netherlands), Plastipak Industries (Canada), JRD International (Dubai), Shree Rama Multi-Tech (India), Færch Plast (Denmark), Acmepak (China), and Sem plastic (Turkey).

Research Coverage

The market study covers the thin wall packaging market across segments. It aims at estimating the market size and the growth potential of this market, across different segments, namely, product type, material, production process, application, and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying the Report

The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall thin wall packaging market and its sub segments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

Thin Wall Packaging Market by Product Type (Tubs, Cups, Jars, Trays, Clamshells, Lids, Pots), Production Process (Thermoforming, Injection Molding), Material (PP, PE, PET, PS, PVC), Application (Food, Beverages), and Region - Global Forecast to 2023

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Periodization Considered
1.4 Currency Considered
1.5 Unit Considered
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Breakdown of Primaries
2.2 Market Size Estimation
2.3 Data Triangulation
2.4 Research Assumptions
2.5 Research Limitations

3 Executive Summary

4 Premium Insights
4.1 Developing Economies to Register High Growth in Demand for Thin Wall Packaging
4.2 Thin Wall Packaging Market, By Material
4.3 Thin Wall Packaging Market, By Product Type
4.4 Thin Wall Packaging Market, By Application
4.5 Thin Wall Packaging Market, By Production Process

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growth of the Food & Beverage Industry
5.2.1.2 Rise in Demand for Customer-Friendly and Lightweight Packaging
5.2.1.3 Increase in Urban Population, Changes in Lifestyles, and Rise in Disposable Income
5.2.2 Restraints
5.2.2.1 Stringent Regulations
5.2.3 Opportunities
5.2.3.1 Emerging Markets
5.2.4 Challenges
5.2.4.1 Recycling & Environmental Concerns
5.2.4.2 Volatile Raw Material Prices

6 Thin Wall Packaging Market, By Product Type
6.1 Introduction
6.2 Tubs
6.3 Cups
6.4 Trays
6.5 Jars
6.6 Clamshells
6.7 Pots
6.8 Lids

7 Thin Wall Packaging Market, By Production Process
7.1 Introduction
7.2 Injection Molding
7.3 Thermoforming

8 Thin Wall Packaging Market, By Application
8.1 Introduction
8.2 Food
8.3 Beverages
8.4 Others

9 Thin Wall Packaging Market, By Material
9.1 Introduction
9.2 Polypropylene (PP)
9.3 High-Density Polyethylene (HDPE) and Low-Density Polyethylene (LDPE)
9.4 Polyethylene Terephthalate (PET)
9.5 Polystyrene (PS)
9.6 Polyvinyl Chloride (PVC)
9.7 Others

10 Thin Wall Packaging Market, By Region
10.1 Introduction
10.2 Europe
10.2.1 Germany
10.2.2 UK
10.2.3 France
10.2.4 Italy
10.2.5 Russia
10.2.6 Spain
10.2.7 Turkey
10.2.8 Rest of Europe
10.3 North America
10.3.1 US
10.3.2 Canada
10.3.3 Mexico
10.4 Asia Pacific
10.4.1 China
10.4.2 Japan
10.4.3 Australia
10.4.4 India
10.4.5 Rest of Asia Pacific
10.5 South America
10.5.1 Brazil
10.5.2 Argentina
10.5.3 Rest of South America
10.6 Middle East & Africa
10.6.1 UAE
10.6.2 South Africa
10.6.3 Saudi Arabia
10.6.4 Rest of Middle East & Africa

11 Competitive Landscape
11.1 Overview
11.2 Market Ranking
11.3 Competitive Scenario
11.3.1 New Product Launches
11.3.2 Acquisitions
11.3.3 Investments & Expansions
11.3.4 Joint Ventures

12 Company Profiles
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
12.1 Amcor
12.2 Reynolds Group Holdings
12.3 Berry Global Group
12.4 RPC Group PLC
12.5 Silgan Holdings
12.6 Paccor GmbH (Coveris RIGID)
12.7 ILIP SRL
12.8 Mold-Tek Packaging
12.9 Greiner Packaging International
12.10 Double H Plastics
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.
12.11 Other Players
12.11.1 Oosterbeek Packaging B.V.
12.11.2 Groupe Guillin
12.11.3 Omniform Group
12.11.4 Takween Advanced Industries
12.11.5 International Traders(Sanpac)
12.11.6 Knauer Holding GmbH & Co. Kg
12.11.7 Sunrise Plastics
12.11.8 Insta Polypack
12.11.9 Dampack International Bv
12.11.10 Plastipak Industries Inc.
12.11.11 JRD International
12.11.12 Shree Rama Multi-Tech Limited
12.11.13 Færch Plast A/S
12.11.14 Acmepak Plastic Packaging Co., Ltd.
12.11.15 Sem Plastik San. Tic. A.S.

13 Appendix
13.1 Discussion Guide
13.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
13.3 Available Customizations
13.4 Related Reports
13.5 Author Details

List of Tables

Table 1 USD Conversion Rates, 2014–2017
Table 2 Asia Pacific: Urbanization Prospects
Table 3 Thin Wall Packaging Market Size, By Product Type, 2016–2023 (USD Billion)
Table 4 Thin Wall Packaging Market Size, By Product Type, 2016–2023 (MT)
Table 5 Thin Wall Packaging Market Size, By Production Process, 2016-2023 (MT)
Table 6 Thin Wall Packaging Market Size, By Application, 2016–2023 (USD Billion)
Table 7 Thin Wall Packaging Market Size, By Application, 2016–2023 (MT)
Table 8 Thin Wall Packaging Market Size, By Material, 2016–2023 (USD Billion)
Table 9 Thin Wall Packaging Market Size, By Material, 2016–2023 (MT)
Table 10 Thin Wall Packaging Market Size, By Region, 2016–2023 (USD Billion)
Table 11 Thin Wall Packaging Market Size, By Region, 2016–2023 (MT)
Table 12 Europe: Thin Wall Packaging Market Size, By Country, 2016–2023 (USD Billion)
Table 13 Europe: Thin Wall Packaging Market Size, By Country, 2016–2023 (MT)
Table 14 Europe: Thin Wall Packaging Market Size, By Material, 2016–2023 (USD Billion)
Table 15 Europe: Thin Wall Packaging Market Size, By Material, 2016–2023 (MT)
Table 16 Europe: Thin Wall Packaging Market Size, By Product Type, 2016–2023 (USD Billion)
Table 17 Europe: Thin Wall Packaging Market Size, By Product Type, 2016–2023 (MT)
Table 18 Europe: Thin Wall Packaging Market Size, By Production Process, 2016–2023 (MT)
Table 19 Europe: Thin Wall Packaging Market Size, By Application, 2016–2023 (USD Billion)
Table 20 Europe: Thin Wall Packaging Market Size, By Application, 2016–2023 (MT)
Table 21 Germany: Thin Wall Packaging Market Size, By Application, 2016–2023 (USD Billion)
Table 22 Germany: Thin Wall Packaging Market Size, By Application, 2016–2023 (MT)
Table 23 UK: Thin Wall Packaging Market, By Application, 2016–2023 (USD Billion)
Table 24 UK: Thin Wall Packaging Market Size, By Application, 2016–2023 (MT)
Table 25 France: Thin Wall Packaging Market Size, By Application, 2016–2023 (USD Billion)
Table 26 France: Thin Wall Packaging Market Size, By Application, 2016–2023 (MT)
Table 27 Italy: Thin Wall Packaging Market Size, By Application, 2016–2023 (USD Billion)
Table 28 Italy: Thin Wall Packaging Market Size, By Application, 2016–2023 (MT)
Table 29 Russia: Thin Wall Packaging Market Size, By Application, 2016–2023 (USD Billion)
Table 30 Russia: Thin Wall Packaging Market Size, By Application, 2016–2023 (MT)
Table 31 Spain: Thin Wall Packaging Market Size, By Application, 2016–2023 (USD Billion)
Table 32 Spain: Thin Wall Packaging Market Size, By Application, 2016–2023 (MT)
Table 33 Turkey: Thin Wall Packaging Market Size, By Application, 2016–2023 (USD Billion)
Table 34 Turkey: Thin Wall Packaging Market Size, By Application, 2016–2023 (MT)
Table 35 Rest of Europe: Thin Wall Packaging Market Size, By Application, 2016–2023 (USD Billion)
Table 36 Rest of Europe: Thin Wall Packaging Market Size, By Application, 2016–2023 (MT)
Table 37 North America: Thin Wall Packaging Market Size, By Country, 2016–2023 (USD Billion)
Table 38 North America: Thin Wall Packaging Market Size, By Country, 2016–2023 (MT)
Table 39 North America: Thin Wall Packaging Market Size, By Material, 2016–2023 (USD Billion)
Table 40 North America: Thin Wall Packaging Market Size, By Material, 2016–2023 (MT)
Table 41 North America: Thin Wall Packaging Market Size, By Product Type, 2016–2023 (USD Billion)
Table 42 North America: Thin Wall Packaging Market Size, By Product Type, 2016–2023 (MT)
Table 43 North America: Thin Wall Packaging Market Size, By Production Process, 2016–2023 (MT)
Table 44 North America: Thin Wall Packaging Market Size, By Application, 2016–2023 (USD Billion)
Table 45 North America: Thin Wall Packaging Market Size, By Application, 2016–2023 (MT)
Table 46 US: Thin Wall Packaging Market Size, By Application, 2016–2023 (USD Billion)
Table 47 US: Thin Wall Packaging Market Size, By Application, 2016–2023 (MT)
Table 48 Canada: Thin Wall Packaging Market Size, By Application, 2016–2023 (USD Billion)
Table 49 Canada: Thin Wall Packaging Market Size, By Application, 2016–2023 (MT)
Table 50 Mexico: Thin Wall Packaging Market Size, By Application, 2016–2023 (USD Billion)
Table 51 Mexico: Thin Wall Packaging Market Size, By Application, 2016–2023 (MT)
Table 52 Asia Pacific: Thin Wall Packaging Market Size, By Country, 2016–2023 (USD Billion)
Table 53 Asia Pacific: Thin Wall Packaging Market Size, By Country, 2016–2023 (MT)
Table 54 Asia Pacific: Thin Wall Packaging Market Size, By Material, 2016–2023 (USD Billion)
Table 55 Asia Pacific: Thin Wall Packaging Market Size, By Material, 2016–2023 (MT)
Table 56 Asia Pacific: Thin Wall Packaging Market Size, By Product Type, 2016–2023 (USD Billion)
Table 57 Asia Pacific: Thin Wall Packaging Market Size, By Product Type, 2016–2023 (MT)
Table 58 Asia Pacific: Thin Wall Packaging Market Size, By Production Process, 2016–2023 (MT)
Table 59 Asia Pacific: Thin Wall Packaging Market Size, By Application, 2016–2023 (USD Billion)
Table 60 Asia Pacific: Thin Wall Packaging Market Size, By Application, 2016–2023 (MT)
Table 61 China: Thin Wall Packaging Market Size, By Application, 2016–2023 (USD Billion)
Table 62 China: Thin Wall Packaging Market Size, By Application, 2016–2023 (MT)
Table 63 Japan: Thin Wall Packaging Market Size, By Application, 2016–2023 (USD Billion)
Table 64 Japan: Thin Wall Packaging Market Size, By Application, 2016–2023 (MT)
Table 65 Australia: Thin Wall Packaging Market Size, By Application, 2016–2023 (USD Billion)
Table 66 Australia: Thin Wall Packaging Market Size, By Application, 2016–2023 (MT)
Table 67 India: Thin Wall Packaging Market Size, By Application, 2016–2023 (USD Billion)
Table 68 India: Thin Wall Packaging Market Size, By Application, 2016–2023 (MT)
Table 69 Rest of Asia Pacific: Thin Wall Packaging Market Size, By Application, 2016–2023 (USD Billion)
Table 70 Rest of Asia Pacific: Thin Wall Packaging Market Size, By Application, 2016–2023 (MT)
Table 71 South America: Thin Wall Packaging Market Size, By Country, 2016-2023 (USD Billion)
Table 72 South America: Thin Wall Packaging Market Size, By Country, 2016-2023 (MT)
Table 73 South America: Thin Wall Packaging Market Size, By Material, 2016-2023 (USD Billion)
Table 74 South America: Thin Wall Packaging Market Size, By Material, 2016-2023 (MT)
Table 75 South America: Thin Wall Packaging Market Size, By Product Type, 2016-2022 (USD Billion)
Table 76 South America: Thin Wall Packaging Market Size, By Product Type, 2016-2023 (MT)
Table 77 South America: Thin Wall Packaging Market Size, By Production Process, 2016-2023 (MT)
Table 78 South America: Thin Wall Packaging Market Size, By Application, 2016-2023 (USD Billion)
Table 79 South America: Thin Wall Packaging Market Size, By Application, 2016-2023 (MT)
Table 80 Brazil: Thin Wall Packaging Market Size, By Application, 2016-2023 (USD Billion)
Table 81 Brazil: Thin Wall Packaging Market Size, By Application, 2016-2023 (MT)
Table 82 Argentina: Thin Wall Packaging Market Size, By Application, 2016-2023 (USD Billion)
Table 83 Argentina: Thin Wall Packaging Market Size, By Application, 2016-2023 (MT)
Table 84 Rest of South America: Thin Wall Packaging Market Size, By Application, 2016-2023 (USD Billion)
Table 85 Rest of South America: Thin Wall Packaging Market Size, By Application, 2016-2023 (MT)
Table 86 Middle East & Africa: Thin Wall Packaging Market Size, By Country, 2016-2023 (USD Billion)
Table 87 Middle East & Africa: Thin Wall Packaging Market Size, By Country, 2016-2023 (MT)
Table 88 Middle East & Africa: Thin Wall Packaging Market Size, By Material, 2016-2023 (USD Billion)
Table 89 Middle East & Africa: Thin Wall Packaging Market Size, By Material, 2016-2023 (MT)
Table 90 Middle East & Africa: Thin Wall Packaging Market Size, By Product Type, 2016-2023 (USD Billion)
Table 91 Middle East & Africa: Thin Wall Packaging Market Size, By Product Type, 2016-2023 (MT)
Table 92 Middle East & Africa: Thin Wall Packaging Market Size, By Production Process, 2016-2023 (MT)
Table 93 Middle East & Africa: Thin Wall Packaging Market Size, By Application, 2016-2023 (USD Billion)
Table 94 Middle East & Africa: Thin Wall Packaging Market Size, By Application, 2016-2023 (MT)
Table 95 UAE: Thin Wall Packaging Market Size, By Application, 2016-2023 (USD Billion)
Table 96 UAE: Thin Wall Packaging Market Size, By Application, 2016-2023 (MT)
Table 97 South Africa: Thin Wall Packaging Market Size, By Application, 2016-2023 (USD Billion)
Table 98 South Africa: Thin Wall Packaging Market Size, By Application, 2016-2023 (MT)
Table 99 Saudi Arabia: Thin Wall Packaging Market Size, By Application, 2016-2023 (USD Billion)
Table 100 Saudi Arabia: Thin Wall Packaging Market Size, By Application, 2016-2023 (MT)
Table 101 Rest of Middle East & Africa: Thin Wall Packaging Market Size, By Application, 2016-2023 (USD Billion)
Table 102 Rest of Middle East & Africa: Thin Wall Packaging Market Size, By Application, 2016-2023 (MT)
Table 103 New Product Launches
Table 104 Acquisitions
Table 105 Investments & Expansions
Table 106 Joint Ventures

List of Figures

Figure 1 Thin Wall Packaging Market Segmentation
Figure 2 Thin Wall Packaging Market: Research Design
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Thin Wall Packaging Market: Data Triangulation
Figure 6 Polypropylene to Be the Largest Material Segment Throughout the Forecast Period
Figure 7 Jars are Estimated to Dominate the Thin Wall Packaging Market in 2018
Figure 8 Food Application Segment Estimated to Lead the Thin Wall Packaging Market in 2018
Figure 9 Europe Dominated the Thin Wall Packaging Market in 2017
Figure 10 Rise in Packed Food Products in Developing Economies Offer Attractive Opportunities in the Thin Wall Packaging Market
Figure 11 PET Packaging to Grow at the Highest Rate During the Forecast Period
Figure 12 Jars Segment to Dominate the Thin Wall Packaging Market in 2018
Figure 13 Food Segment to Dominate the Thin Wall Packaging Market in 2018
Figure 14 Injection Molding Segment to Dominate the Thin Wall Packaging Market in 2018
Figure 15 Growing Food & Beverage Industry Results in Increased Demand for Thin Wall Packaging
Figure 16 Thin Wall Packaging Market Size, By Product Type, 2018 vs 2023 (USD Billion)
Figure 17 Thin Wall Packaging Market Size, By Production Process, 2018 vs 2023 (MT)
Figure 18 Thin Wall Packaging Market Size, By Application, 2018 vs 2023 (USD Billion)
Figure 19 Thin Wall Packaging Market Size, By Material, 2018 vs 2023 (USD Billion)
Figure 20 Geographical Snapshot (2018–2023): China is Projected to Register the Highest Growth Rate
Figure 21 Europe: Thin Wall Packaging Market Snapshot
Figure 22 Companies Adopted Various Growth Strategies From, 2014 to 2018
Figure 23 Market Ranking of Key Players, 2017
Figure 24 Amcor: Company Snapshot
Figure 25 Amcor: SWOT Analysis
Figure 26 Reynolds Group Holdings: Company Snapshot
Figure 27 Berry Global Group: Company Snapshot
Figure 28 Berry Global Group: SWOT Analysis
Figure 29 RPC Group PLC: Company Snapshot
Figure 30 RPC Group PLC: SWOT Analysis
Figure 31 Silgan Holdings: Company Snapshot
Figure 32 Mold-Tek Packaging: Company Snapshot
Figure 33 Greiner Packaging International: Company Snapshot

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