The Thin Wall Packaging Market size was USD 44.16 billion in 2023 and is expected to Reach USD 62.35 billion by 2031 and grow at a CAGR of 4.4 % over the forecast period of 2024-2031.
Due to the severe need for minimising packaging weight in line with strict food safety and consumer protection regulations, there is expected to be strong demand from the Thin Wall Packaging Market over the forecast period. Demand in the market is set to grow further over the coming years, driven by long term growth and sustainability goals for entities within the packaging sector that usually include recycling and adoption of bio based raw materials.
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Its wide range of uses include production of high clarity transparent thin wall packaging for Frozen, chilled and Ambient Food; dairy products, household chemicals or paints. Demand growth over the forecast period will be significantly influenced by nonpackaging applications such as personal care, pails and household products including containers for detergents, pods, cotton buds and wipes. Consumer preferences for good packaging products can be attributed to this. The attractiveness of products allows the brands to differentiate their product in a fastmoving consumer goods sector, thereby increasing visibility and brand appeal for consumers.
The packaging industry is heavily dependent on the optimisation of the production process, which has an impact on the marginal profit generated in the trade. Thin-walled packaging achieves optimum performance as it offers high properties resulting in a cost-effective production process.
The increased stacking capacity during storage which results from reduced weight is another important factor to guide demand on the thin wall packaging market. This results in a direct reduction of floor space consumption during storage and transport, which leads to the development of possibilities for reducing storage costs. Lower risk of breakage/loss during transit, improved environmental performance and recyclability will also impact demand for the product over the forecast period.
KEY DRIVERS:
Extended shelf life of Food and Beverage
The effective barrier properties of thin-walled packaging can extend the shelf life of food, reduce food waste, and improve product quality.
Reduced material cost adding up to overall profitability.
RESTRAIN:
The rising cost of raw materials
The cost of raw materials used in thin-walled packaging, such as plastic and aluminum, has increased in recent years. This is due to a number of factors, including growing demand for these materials and volatility in global commodity markets. Rising raw material costs can make thin-walled packaging more expensive and lead to lower demand
OPPORTUNITY:
Increasing demand for pre-packaged food and beverages
Global demand for prepackaged foods and beverages is growing rapidly. This is due to a number of factors, including an increasing number of working women, increasing popularity of convenience foods, and rising disposable incomes of consumers. The growing demand for prepackaged foods and beverages will create opportunities for thin-wall packaging manufacturers.
Rising disposable incomes in developing countries.
CHALLENGES:
Stringent government regulations
Governments around the world are increasingly imposing stricter regulations on the use of plastics and other materials in food packaging. This is due to concerns about the environmental impact of these materials. These regulations can complicate the operations of thin-wall packaging manufacturers and lead to increased costs.
The war disrupted supply chains for raw materials and components used in thin-walled packaging, such as plastics, metals and electronics. This has pushed up the prices of these materials and components, putting pressure on the margins of thin-wall packaging manufacturers. The price of polyethylene terephthalate (PET), a plastic commonly used in thin-walled packaging, has increased by more than 30% since the start of the war. The war also disrupted the transportation of goods, further delaying the delivery of raw materials and components to thin-walled packaging manufacturers. This has resulted in production delays and shortages of thin-walled packaging products.
Due to these factors, the growth rate of thin wall packaging market is expected to slow down in the coming years. Here are some concrete examples of war's impact on the thin-wall packaging market. The price of aluminum, another material commonly used in thin-walled packaging, also increased by more than 20%. The war also disrupted the production of electronic components used in thin-walled packaging, such as sensors and valves.
This causes delays in the delivery of these components, affecting the production of thin-walled packaging products.
The economic downturn is expected to negatively impact the thin-wall packaging market, with demand falling by 2-3% in 2023.
The drop in demand is due to a number of factors such as, Reduced consumer spending, rising unemployment, Tighten the credit market.
The impact of the recession will vary by region. The developed country market is expected to be affected more than the developing country market. The thin-wall packaging market is expected to recover in 2024, but it may take several years for the market to return to pre-recession levels. Several packaging manufacturers have announced layoffs or factory closures. Others have reduced production capacity or switched to more profitable products. Demand for thin-walled packaging materials, such as plastic and aluminum, has decreased. The prices of these materials have also fallen, but this has not been enough to make up for the drop in demand.
Overall, the ongoing economic downturn is having a negative impact on the thin-wall packaging market.
By Material
Polypropylene
PET
PVC
PE
PS
By Product Type
Tubs
Trays
Cups
Jars
Pots
Clamshells
Lids
By Production Process
Thermoforming
Injection Molding
By Application
Food & Beverages
Electronics
Cosmetics
Others
North American region is the dominating region for the market. Due to the consumption of packaged foods, it is creating more need for the thin wall packaging. Also, use of thin wall containers by various end use industries is adding to the growth of the overall market in this region.
Due to growing environmental concerns and stringent rules and regulations against packaging waste European region is the second largest market for thin wall packaging. In this region, there is increased use of thin wall containers for home use. Germany is the largest market in this region followed by UK which is the fastest growing market.
Asia Pacific region is the fastest growing region over the forecast period. The reason for this is the increased industrialization, growing e commerce and rise in disposable income.
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REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Some major key players in the Thin Wall Packaging market are Amcor Limited, RPC Group PLC, Double H Plastics, Greiner Packaging International GmBH, Berry Global Inc, Reynolds Group Holdings, Silgan Holdings, Mold-Tek Packaging, EVCO Plastics, LykaPack and other players.
March 2023, Sumitomo SHIIN DEMAG has been expanding its portfolio of Packaging Injection Molding Machines and unveiling three new packaging ranges for Fastcycles.
In the single injection moulding procedure step, ENGEL, ALTPLA Group, Brink and IPB Printing have jointly produced thin walled containers made up of PET and rPET.
Report Attributes | Details |
Market Size in 2023 | US$ 44.16 Bn |
Market Size by 2031 | US$ 62.35 Bn |
CAGR | CAGR of 4.4 % From 2024 to 2031 |
Base Year | 2023 |
Forecast Period | 2024-2031 |
Historical Data | 2020-2022 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Material (Polypropylene, PET, PVC, PE, PS) • By Product Type (Tubs, Trays, Cups, Jars, Pots, Clamshells, Lids) • By Production Process (Thermoforming, Injection Molding) • By Application (Food & Beverages, Electronics, Cosmetics, Others) |
Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]). Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
Company Profiles | Amcor Limited, RPC Group PLC, Double H Plastics, Greiner Packaging International GmBH, Berry Global Inc, Reynolds Group Holdings, Silgan Holdings, Mold-Tek Packaging, EVCO Plastics, LykaPack |
Key Drivers | • Extended shelf life of Food and Beverage • Reduced material cost adding up to overall profitability. |
Market Restraints | • The rising cost of raw materials |
Ans. The Compound Annual Growth rate for Thin Wall Packaging Market over the forecast period is 4.2 %.
Ans. USD 61.55 Billion is the projected Thin Wall Packaging market size of market by 2030.
Ans. The major key players are Amcor PLC, Greiner Packaging International GmBH, Berry Global Inc, Silgan Holdings.
Ans. North America is the dominating and the fastest growing region of the Thin Wall Packaging Market.
Ans. Extended shelf life of Food and Beverage acts as the driver for the market.
TABLE OF CONTENT
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of the Russia-Ukraine War
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World
4.3 Supply Demand Gap Analysis
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Thin Wall Packaging Market Segmentation, by Material
8.1 Polypropylene
8.2 PET
8.3 PVC
8.4 PE
8.5 PS
9. Thin Wall Packaging Market Segmentation, by Product Type
9.1 Tubs
9.2 Trays
9.3 Cups
9.4 Jars
9.5 Pots
9.6 Clamshells
9.7 Lids
10. Thin Wall Packaging Market Segmentation, by Production Process
10.1 Thermoforming
10.2 Injection Molding
11. Thin Wall Packaging Market Segmentation, by Application
11.1 Food & Beverages
11.2 Electronics
11.3 Cosmetics
11.4 Others
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 North America Thin Wall Packaging Market by Country
12.2.2 North America Thin Wall Packaging Market by Material
12.2.3 North America Thin Wall Packaging Market by Product Type
12.2.4 North America Thin Wall Packaging Market by Production Process
12.2.5 North America Thin Wall Packaging Market by Application
12.2.6 USA
12.2.6.1 USA Thin Wall Packaging Market by Material
12.2.6.2 USA Thin Wall Packaging Market by Product Type
12.2.6.3 USA Thin Wall Packaging Market by Production Process
12.2.6.4 USA Thin Wall Packaging Market by Application
12.2.7 Canada
12.2.7.1 Canada Thin Wall Packaging Market by Material
12.2.7.2 Canada Thin Wall Packaging Market by Product Type
12.2.7.3 Canada Thin Wall Packaging Market by Production Process
12.2.7.4 Canada Thin Wall Packaging Market by Application
12.2.8 Mexico
12.2.8.1 Mexico Thin Wall Packaging Market by Raw Production Process
12.2.8.2 Mexico Thin Wall Packaging Market by Product Type
12.2.8.3 Mexico Thin Wall Packaging Market by Production Process
12.2.8.4 Mexico Thin Wall Packaging Market by Application
12.3 Europe
12.3.1 Eastern Europe
12.3.1.1 Eastern Europe Thin Wall Packaging Market by Country
12.3.1.2 Eastern Europe Thin Wall Packaging Market by Material
12.3.1.3 Eastern Europe Thin Wall Packaging Market by Product Type
12.3.1.4 Eastern Europe Thin Wall Packaging Market by Production Process
12.3.1.5 Eastern Europe Thin Wall Packaging Market by Application
12.3.1.6 Poland
12.3.1.6.1 Poland Thin Wall Packaging Market by Material
12.3.1.6.2 Poland Thin Wall Packaging Market by Product Type
12.3.1.6.3 Poland Thin Wall Packaging Market by Production Process
12.3.1.6.4 Poland Thin Wall Packaging Market by Application
12.3.1.7 Romania
12.3.1.7.1 Romania Thin Wall Packaging Market by Material
12.3.1.7.2 Romania Thin Wall Packaging Market by Product Type
12.3.1.7.3 Romania Thin Wall Packaging Market by Production Process
12.3.1.7.4 Romania Thin Wall Packaging Market by Application
12.3.1.8 Hungary
12.3.1.8.1 Hungary Thin Wall Packaging Market by Material
12.3.1.8.2 Hungary Thin Wall Packaging Market by Product Type
12.3.1.8.3 Hungary Thin Wall Packaging Market by Production Process
12.3.1.8.4 Hungary Thin Wall Packaging Market by Application
12.3.1.9 Turkey
12.3.1.9.1 Turkey Thin Wall Packaging Market by Material
12.3.1.9.2 Turkey Thin Wall Packaging Market by Product Type
12.3.1.9.3 Turkey Thin Wall Packaging Market by Production Process
12.3.1.9.4 Turkey Thin Wall Packaging Market by Application
12.3.1.10 Rest of Eastern Europe
12.3.1.10.1 Rest of Eastern Europe Thin Wall Packaging Market by Material
12.3.1.10.2 Rest of Eastern Europe Thin Wall Packaging Market by Product Type
12.3.1.10.3 Rest of Eastern Europe Thin Wall Packaging Market by Production Process
12.3.1.10.4 Rest of Eastern Europe Thin Wall Packaging Market by Application
12.3.2 Western Europe
12.3.2.1 Western Europe Thin Wall Packaging Market by Country
12.3.2.2 Western Europe Thin Wall Packaging Market by Material
12.3.2.3 Western Europe Thin Wall Packaging Market by Product Type
12.3.2.4 Western Europe Thin Wall Packaging Market by Production Process
12.3.2.5 Western Europe Thin Wall Packaging Market by Application
12.3.2.6 Germany
12.3.2.6.1 Germany Thin Wall Packaging Market by Material
12.3.2.6.2 Germany Thin Wall Packaging Market by Product Type
12.3.2.6.3 Germany Thin Wall Packaging Market by Production Process
12.3.2.6.4 Germany Thin Wall Packaging Market by Application
12.3.2.7 France
12.3.2.7.1 France Thin Wall Packaging Market by Material
12.3.2.7.2 France Thin Wall Packaging Market by Product Type
12.3.2.7.3 France Thin Wall Packaging Market by Production Process
12.3.2.7.4 France Thin Wall Packaging Market by Application
12.3.2.8 UK
12.3.2.8.1 UK Thin Wall Packaging Market by Material
12.3.2.8.2 UK Thin Wall Packaging Market by Product Type
12.3.2.8.3 UK Thin Wall Packaging Market by Production Process
12.3.2.8.4 UK Thin Wall Packaging Market by Application
12.3.2.9 Italy
12.3.2.9.1 Italy Thin Wall Packaging Market by Material
12.3.2.9.2 Italy Thin Wall Packaging Market by Product Type
12.3.2.9.3 Italy Thin Wall Packaging Market by Production Process
12.3.2.9.4 Italy Thin Wall Packaging Market by Application
12.3.2.10 Spain
12.3.2.10.1 Spain Thin Wall Packaging Market by Material
12.3.2.10.2 Spain Thin Wall Packaging Market by Product Type
12.3.2.10.3 Spain Thin Wall Packaging Market by Production Process
12.3.2.10.4 Spain Thin Wall Packaging Market by Application
12.3.2.11 Netherlands
12.3.2.11.1 Netherlands Thin Wall Packaging Market by Material
12.3.2.11.2 Netherlands Thin Wall Packaging Market by Product Type
12.3.2.11.3 Netherlands Thin Wall Packaging Market by Production Process
12.3.2.11.4 Netherlands Thin Wall Packaging Market by Application
12.3.2.12 Switzerland
12.3.2.12.1 Switzerland Thin Wall Packaging Market by Material
12.3.2.12.2 Switzerland Thin Wall Packaging Market by Product Type
12.3.2.12.3 Switzerland Thin Wall Packaging Market by Production Process
12.3.2.12.4 Switzerland Thin Wall Packaging Market by Application
12.3.2.13 Austria
12.3.2.13.1 Austria Thin Wall Packaging Market by Material
12.3.2.13.2 Austria Thin Wall Packaging Market by Product Type
12.3.2.13.3 Austria Thin Wall Packaging Market by Production Process
12.3.2.13.4 Austria Thin Wall Packaging Market by Application
12.3.2.14 Rest of Western Europe
12.3.2.14.1 Rest of Western Europe Thin Wall Packaging Market by Material
12.3.2.14.2 Rest of Western Europe Thin Wall Packaging Market by Product Type
12.3.2.14.3 Rest of Western Europe Thin Wall Packaging Market by Production Process
12.3.2.14.4 Rest of Western Europe Thin Wall Packaging Market by Application
12.4 Asia-Pacific
12.4.1 Asia Pacific Thin Wall Packaging Market by Country
12.4.2 Asia Pacific Thin Wall Packaging Market by Material
12.4.3 Asia Pacific Thin Wall Packaging Market by Product Type
12.4.4 Asia Pacific Thin Wall Packaging Market by Production Process
12.4.5 Asia Pacific Thin Wall Packaging Market by Application
12.4.6 China
12.4.6.1 China Thin Wall Packaging Market by Material
12.4.6.2 China Thin Wall Packaging Market by Product Type
12.4.6.3 China Thin Wall Packaging Market by Production Process
12.4.6.4 China Thin Wall Packaging Market by Application
12.4.7 India
12.4.7.1 India Thin Wall Packaging Market by Material
12.4.7.2 India Thin Wall Packaging Market by Product Type
12.4.7.3 India Thin Wall Packaging Market by Production Process
12.4.7.4 India Thin Wall Packaging Market by Application
12.4.8 Japan
12.4.8.1 Japan Thin Wall Packaging Market by Material
12.4.8.2 Japan Thin Wall Packaging Market by Product Type
12.4.8.3 Japan Thin Wall Packaging Market by Production Process
12.4.8.4 Japan Thin Wall Packaging Market by Application
12.4.9 South Korea
12.4.9.1 South Korea Thin Wall Packaging Market by Material
12.4.9.2 South Korea Thin Wall Packaging Market by Product Type
12.4.9.3 South Korea Thin Wall Packaging Market by Production Process
12.4.9.4 South Korea Thin Wall Packaging Market by Application
12.4.10 Vietnam
12.4.10.1 Vietnam Thin Wall Packaging Market by Material
12.4.10.2 Vietnam Thin Wall Packaging Market by Product Type
12.4.10.3 Vietnam Thin Wall Packaging Market by Production Process
12.4.10.4 Vietnam Thin Wall Packaging Market by Application
12.4.11 Singapore
12.4.11.1 Singapore Thin Wall Packaging Market by Material
12.4.11.2 Singapore Thin Wall Packaging Market by Product Type
12.4.11.3 Singapore Thin Wall Packaging Market by Production Process
12.4.11.4 Singapore Thin Wall Packaging Market by Application
12.4.12 Australia
12.4.12.1 Australia Thin Wall Packaging Market by Material
12.4.12.2 Australia Thin Wall Packaging Market by Product Type
12.4.12.3 Australia Thin Wall Packaging Market by Production Process
12.4.12.4 Australia Thin Wall Packaging Market by Application
12.4.13 Rest of Asia-Pacific
12.4.13.1 Rest of Asia-Pacific Thin Wall Packaging Market by Material
12.4.13.2 Rest of Asia-Pacific Thin Wall Packaging Market by Product Type
12.4.13.3 Rest of Asia-Pacific Thin Wall Packaging Market by Production Process
12.4.13.4 Rest of Asia-Pacific Thin Wall Packaging Market by Application
12.5 Middle East & Africa
12.5.1 Middle East
12.5.1.1 Middle East Thin Wall Packaging Market by country
12.5.1.2 Middle East Thin Wall Packaging Market by Material
12.5.1.3 Middle East Thin Wall Packaging Market by Product Type
12.5.1.4 Middle East Thin Wall Packaging Market by Production Process
12.5.1.5 Middle East Thin Wall Packaging Market by Application
12.5.1.6 UAE
12.5.1.6.1 UAE Thin Wall Packaging Market by Material
12.5.1.6.2 UAE Thin Wall Packaging Market by Product Type
12.5.1.6.3 UAE Thin Wall Packaging Market by Production Process
12.5.1.6.4 UAE Thin Wall Packaging Market by Application
12.5.1.7 Egypt
12.5.1.7.1 Egypt Thin Wall Packaging Market by Material
12.5.1.7.2 Egypt Thin Wall Packaging Market by Product Type
12.5.1.7.3 Egypt Thin Wall Packaging Market by Production Process
12.5.1.7.4 Egypt Thin Wall Packaging Market by Application
12.5.1.8 Saudi Arabia
12.5.1.8.1 Saudi Arabia Thin Wall Packaging Market by Material
12.5.1.8.2 Saudi Arabia Thin Wall Packaging Market by Product Type
12.5.1.8.3 Saudi Arabia Thin Wall Packaging Market by Production Process
12.5.1.8.4 Saudi Arabia Thin Wall Packaging Market by Application
12.5.1.9 Qatar
12.5.1.9.1 Qatar Thin Wall Packaging Market by Material
12.5.1.9.2 Qatar Thin Wall Packaging Market by Product Type
12.5.1.9.3 Qatar Thin Wall Packaging Market by Production Process
12.5.1.9.4 Qatar Thin Wall Packaging Market by Application
12.5.1.10 Rest of Middle East
12.5.1.10.1 Rest of Middle East Thin Wall Packaging Market by Material
12.5.1.10.2 Rest of Middle East Thin Wall Packaging Market by Product Type
12.5.1.10.3 Rest of Middle East Thin Wall Packaging Market by Production Process
12.5.1.10.4 Rest of Middle East Thin Wall Packaging Market by Application
12.5.2. Africa
12.5.2.1 Africa Thin Wall Packaging Market by country
12.5.2.2 Africa Thin Wall Packaging Market by Material
12.5.2.3 Africa Thin Wall Packaging Market by Product Type
12.5.2.4 Africa Thin Wall Packaging Market by Production Process
12.5.2.5 Africa Thin Wall Packaging Market by Application
12.5.2.6 Nigeria
12.5.2.6.1 Nigeria Thin Wall Packaging Market by Material
12.5.2.6.2 Nigeria Thin Wall Packaging Market by Product Type
12.5.2.6.3 Nigeria Thin Wall Packaging Market by Production Process
12.5.2.6.4 Nigeria Thin Wall Packaging Market by Application
12.5.2.7 South Africa
12.5.2.7.1 South Africa Thin Wall Packaging Market by Material
12.5.2.7.2 South Africa Thin Wall Packaging Market by Product Type
12.5.2.7.3 South Africa Thin Wall Packaging Market by Production Process
12.5.2.7.4 South Africa Thin Wall Packaging Market by Application
12.5.2.8 Rest of Africa
12.5.2.8.1 Rest of Africa Thin Wall Packaging Market by Material
12.5.2.8.2 Rest of Africa Thin Wall Packaging Market by Product Type
12.5.2.8.3 Rest of Africa Thin Wall Packaging Market by Production Process
12.5.2.8.4 Rest of Africa Thin Wall Packaging Market by Application
12.6. Latin America
12.6.1 Latin America Thin Wall Packaging Market by country
12.6.2 Latin America Thin Wall Packaging Market by Material
12.6.3 Latin America Thin Wall Packaging Market by Product Type
12.6.4 Latin America Thin Wall Packaging Market by Production Process
12.6.5 Latin America Thin Wall Packaging Market by Application
12.6.6 Brazil
12.6.6.1 Brazil Thin Wall Packaging Market by Material
12.6.6.2 Brazil Africa Thin Wall Packaging Market by Product Type
12.6.6.3 Brazil Thin Wall Packaging Market by Production Process
12.6.6.4 Brazil Thin Wall Packaging Market by Application
12.6.7 Argentina
12.6.7.1 Argentina Thin Wall Packaging Market by Material
12.6.7.2 Argentina Thin Wall Packaging Market by Product Type
12.6.7.3 Argentina Thin Wall Packaging Market by Production Process
12.6.7.4 Argentina Thin Wall Packaging Market by Application
12.6.8 Colombia
12.6.8.1 Colombia Thin Wall Packaging Market by Material
12.6.8.2 Colombia Thin Wall Packaging Market by Product Type
12.6.8.3 Colombia Thin Wall Packaging Market by Production Process
12.6.8.4 Colombia Thin Wall Packaging Market by Application
12.6.9 Rest of Latin America
12.6.9.1 Rest of Latin America Thin Wall Packaging Market by Material
12.6.9.2 Rest of Latin America Thin Wall Packaging Market by Product Type
12.6.9.3 Rest of Latin America Thin Wall Packaging Market by Production Process
12.6.9.4 Rest of Latin America Thin Wall Packaging Market by Application
13 Company Profile
13.1 Amcor Limited
13.1.1 Company Overview
13.1.2 Financials
13.1.3 Product/ Services Offered
13.1.4 SWOT Analysis
13.1.5 The SNS View
13.2 RPC Group PLC
13.2.1 Company Overview
13.2.2 Financials
13.2.3 Product/ Services Offered
13.2.4 SWOT Analysis
13.2.5 The SNS View
13.3 Double H Plastics
13.3.1 Company Overview
13.3.2 Financials
13.3.3 Product/ Services Offered
13.3.4 SWOT Analysis
13.3.5 The SNS View
13.4 Greiner Packaging International GmBH
13.4 Company Overview
13.4.2 Financials
13.4.3 Product/ Services Offered
13.4.4 SWOT Analysis
13.4.5 The SNS View
13.5 Berry Global Inc
13.5.1 Company Overview
13.5.2 Financials
13.5.3 Product/ Services Offered
13.5.4 SWOT Analysis
13.5.5 The SNS View
13.6 Reynolds Group Holdings
13.6.1 Company Overview
13.6.2 Financials
13.6.3 Product/ Services Offered
13.6.4 SWOT Analysis
13.6.5 The SNS View
13.7 Silgan Holdings
13.7.1 Company Overview
13.7.2 Financials
13.7.3 Product/ Services Offered
13.7.4 SWOT Analysis
13.7.5 The SNS View
13.8 Mold-Tek Packaging
13.8.1 Company Overview
13.8.2 Financials
13.8.3 Product/ Services Offered
13.8.4 SWOT Analysis
13.8.5 The SNS View
13.9 EVCO Plastics
13.9.1 Company Overview
13.9.2 Financials
13.9.3 Product/Services Offered
13.9.4 SWOT Analysis
13.9.5 The SNS View
13.10 LykaPack
13.10.1 Company Overview
13.10.2 Financials
13.10.3 Product/Services Offered
13.10.4 SWOT Analysis
13.10.5 The SNS View
14. Competitive Landscape
14.1 Competitive Bench marking
14.2 Market Share Analysis
14.3 Recent Developments
14.3.1 Industry News
14.3.2 Company News
14.3.3 Mergers & Acquisitions
15. Use Case and Best Practices
16. Conclusion
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This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
The Cold Chain Market was valued at USD 285.92 billion in 2023 and is projected to grow to USD 1001.90 billion by 2032, with CAGR of 15% from 2024 to 2032.
The Shoe Packaging Market size was USD 6.44 billion in 2023 and is expected to Reach USD 8.49 billion by 2031 and grow at a CAGR of 3.51 % over the forecast period of 2024-2031.
The High Density Polyethylene Bottles (HDPE) Market size was USD 55.07 billion in 2023 and is expected to Reach USD 80.10 billion by 2031 and grow at a CAGR of 4.80% over the forecast period of 2024-2031.
The Sachet Packaging Market size was USD 8.65 billion in 2023 and is expected to Reach USD 13.27 billion by 2031 and grow at a CAGR of 5.5% over the forecast period of 2024-2031.
The Box And Carton Overwrap Film Market size was USD 12.18 billion in 2023 and is expected to Reach USD 16.42 billion by 2031 and grow at a CAGR of 3.8% over the forecast period of 2024-2031.
The Ice Cream Packaging Market Size was valued at USD 1.01 billion in 2023 and is projected to reach USD 1.46 billion by 2032 growing at a CAGR of 4.2% from 2024 to 2032.
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