Press Release

Thermoform Packaging Market Size Projected to Hit USD 91.2 Billion by 2030 with a CAGR of 5.7%

The Global Thermoform Packaging Market size was valued at around USD 53.2 billion in 2024 and is projected to reach USD 91.2 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 8.8% during the forecast period, i.e., 2025-30, cites MarkNtel Advisors in the recent research report. The global demand for effective and flexible packaging solutions is expected to drive substantial growth in the thermoform packaging industry. According to a leading manufacturer of thermoform products, their top offering, EasyPak, has a cost advantage of between 10% and 15% when compared with injection molding-produced plastic wrapping. This competitive pricing, combined with its adaptability features that provide protection, makes it a favored choice among various industries globally. As such, this will foster exponential expansion opportunities within the market as more patrons invest in these offerings on an international level.

Moreover, individuals are increasingly transitioning towards sustainable and cost-effective packaging solutions for a wide range of items such as mobile phones, batteries, electronic accessories, and headphones. This consistent demand is resulting in the market players opting for thermoform packaging methods like clamshells, trays, or blisters to meet their needs. This strategic shift aligns with the sustainability objectives and caters to consumer demands for eco-friendly packaging.

The Global Thermoform Packaging Market size was valued at around USD 53.2 billion in 2024 and is projected to reach USD 91.2 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 8.8% during the forecast period, i.e., 2025-30, cites MarkNtel Advisors in the recent research report. The global demand for effective and flexible packaging solutions is expected to drive substantial growth in the thermoform packaging industry. According to a leading manufacturer of thermoform products, their top offering, EasyPak, has a cost advantage of between 10% and 15% when compared with injection molding-produced plastic wrapping. This competitive pricing, combined with its adaptability features that provide protection, makes it a favored choice among various industries globally. As such, this will foster exponential expansion opportunities within the market as more patrons invest in these offerings on an international level.

Moreover, individuals are increasingly transitioning towards sustainable and cost-effective packaging solutions for a wide range of items such as mobile phones, batteries, electronic accessories, and headphones. This consistent demand is resulting in the market players opting for thermoform packaging methods like clamshells, trays, or blisters to meet their needs. This strategic shift aligns with the sustainability objectives and caters to consumer demands for eco-friendly packaging.