Overview

Clamshell Packaging Market Introduction clamshell packaging market is calculated to value over US $ 7 billion by the end of 2027 and grow at a CAGR of over 6% during the forecast period of 2020-2027. Clamshell packaging comes in the pattern of stiff packaging that provides safety to the product in between transportation and storage. Clamshell packaging is designed in particular a way that it contains combined equal parts of thermoformed heat sealed or shell hinged. Clamshell packaging allows a better outlook of the product. It safeguards the products (electronics and goods) of the consumers and hampers any damage to the product. Increasing importance of thermoformed plastic in packaging led to the rapid evolution of clamshell packaging material. It offers custom moulding according to requirement and offers maximum versatility in merchandising goods. It can be integrated with compelling graphics and improve the aesthetics of product packaging. It is proven effective for handling heavy products and can be reusable. Further, the rapid advancement of research activities led to the development of clamshell-PE bags for increasing protection of products from the external environment. It retained the anti-bacterial properties and mitigated safety concerns from metal leakages. Along with this, they also offer stability against solvents and prolong the shelf life of consumer products. All these factors led to the burgeoning growth of the market during the forecast period.

Changing economic conditions and increasing demand of clamshell packaging in developing economies like the Asia Pacific and Latin America created potential opportunities for manufacturers. Along with this, increasing manufacturing companies in these regions led to the robust growth of the market and witnessed the highest growth rate during the forecast period. North America market is expected to witness a high market share in the global market due to high adoption among end-user segments. It is followed by the European region and it accounts a significant share in the global market. Rest of the world market is expected to account a small fraction of market share due to less adoption. The key market players are: Creative Plastics, Visipak Inc., Universal Plastics Corporation, Westrock Company, Amcor Limited, Placon Corporation Inc., Smurfit Kappa Group Plc. and others Clamshell Packaging Market Segmentation: By Product Type Trays

Bowls

Boxes & Containers By End User Food

Cosmetics & Personal Care

FMCG

Pharmaceuticals

Others By Region North America

Latin America

Europe

Asia Pacific

Rest of the World Competitive Landscape:

• Tier 1 players- established companies in the market with a major market share

• Tier 2 players

• Emerging players which are growing rapidly

• New Entrants FutureWise Key Takeaways

• Growth prospects

• SWOT analysis

• Key trends

• Key data-points affecting market growth Objectives of the Study:

• To provide with an exhaustive analysis on the global Clamshell Packaging Market by Product Type, by End User, by Region

• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)

• To evaluate and forecast micro-markets and the overall market

• To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East

• To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions

• Profiling of companies to evaluate their market shares, strategies, financials and core competencies