Technavio estimates that the PET plastic packaging market by thermoformed process will post a CAGR of 4.55% during the forecast period. The growth is mainly driven by the growing demand from end-users, including the food and beverage sector.North America is the dominant player in the market, and the region accounted for a share of 48% in 2015. This is mainly because of the presence of large plastic packaging companies such as Pactiv LLC, Sonoco Plastics, Berry Plastics, and Winpak. The average sales of thermoformed packaged products per company was $50.5 million in 2015.The thermoformed plastic packaging market in Europe is estimated to post a CAGR of 4.31% during the forecast period. The growth of the plastic sheet market in Europe is the major reason for the growth of the thermoformed packaging market in Europe. The plastic sheet market in Europe was valued at $393 billion in 2015 and is expected to post a CAGR of 1.2% during the forecast period.There is a growing demand for thermoformed packaging for food products from food manufacturers, as this packaging helps eliminate the waste material by 35%-40%. The amount of raw material that goes into the making of this packages is reduced by almost 50%. In addition, smaller packages cut down the shipping costs by 35%.

PART 01: Executive summary 5

Highlights 5

PART 02: Scope of the report 6

Market overview 6

Top-vendor offerings 7

PART 03: Market research methodology 8

Research methodology 8

Economic indicators 8

PART 04: Introduction 9

Key market highlights 9

PART 05: Market landscape 10

Global Thermoformed packaging market 10

Five forces analysis 11

PART 06: Market segmentation by raw materials 12

Global thermoformed packaging market by raw

materials 12

Global thermoformed packaging market by PET 14

Global thermoformed packaging market by PVC 16

Global thermoformed packaging market by ABS 17

Global thermoformed packaging market by other raw

materials 18

PART 07: Geographic segmentation 19

Global thermoformed packaging market by geography 19

Thermoformed packaging market in North America 20

Thermoformed packaging market in Europe 21

Thermoformed packaging market in APAC 22

PART 08: Market drivers 24

PART 09: Impact of drivers 26

PART 10: Market challenges 27

PART 11: Impact of drivers and challenges 29

PART 12: Market trends 30

PART 13: Vendor landscape 32

Competitive scenario 32

Anchor Packaging 33

Bemis 34

RPC 38

Sealed Air 45

Silgan 50

Sonoco Plastics 54

Other Prominent Vendors 59

PART 14: Appendix 61

List of abbreviations 61

PART 15: Explore Technavio 62