Clamshell Packaging Market to Grow at High Rate Owing to Rising Demand for Sustainable Packaging Options

 

Clamshell Packaging Market

The global Clamshell Packaging Market is estimated to be valued at US$ 8.61 Bn in 2023 and is expected to exhibit a CAGR of 3.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

 

Clamshell packaging refers to a hinged plastic packaging solution used majorly for food and consumer goods. It provides easy opening and closing functionality along with product protection and tamper resistance. The growth in demand for sustainable and eco-friendly clamshell packaging from various end-use industries is propelling the clamshell packaging market growth.

 

Market Overview:

Clamshell packaging is a two-piece shell that snaps or clicks together to securely hold its content. It is widely used for packaging small consumer goods, food items, cosmetics, electronic accessories, and pharmaceutical products due to its excellent sealability and transparency properties. The rising focus on product safety and tamper-proof packaging further boosts the adoption of clamshell packaging in various industries.

 

Market key trends:

The key trends driving the clamshell packaging market include increasing preferences for sustainable and biodegradable packaging materials. Major players are focusing on developing clamshell packages made from renewable and recyclable materials like recycled PET, paper, and bio-plastics to cater to the rising demand for eco-friendly solutions. For instance, Amcor developed clamshell packaging made from recycled PET that provides aroma and oxygen barrier protection for food products. Similarly, many local players offer clamshell packaging manufactured using sustainably sourced paperboard and agricultural by-products. The growing adoption of sustainable packaging is expected to open new avenues for bioplastics and paper-based clamshell packaging solutions over the forecast period.

Here is the segment analysis and key takeaways for the given Clamshell Packaging market:

 

Segment Analysis

 

The global clamshell packaging market is dominated by the plastic material sub-segment. Plastic materials account for over 60% of the total market share due to their advantages such as durability, cost effectiveness and easy availability. Plastic materials like polyethylene terephthalate (PET), polypropylene (PP), polyethylene (PE) and polystyrene (PS) are widely used for clamshell packaging of various products.

 

Key Takeaways

 

The global clamshell packaging market is expected to witness high growth, exhibiting CAGR of 3.7% over the forecast period, due to increasing demand from food and consumer goods industries.

 

Regional Analysis

Asia Pacific region is currently the fastest growing as well as dominating regional market for clamshell packaging. The growth in Asia Pacific region can be attributed to large population, rising disposable incomes and growing consumer goods sector in countries such as China and India. Europe and North America are also significant markets owing to high demand for packaged and branded products.

 

Key Players

Key players operating in the clamshell packaging market are Berry Global, Dow Chemical Company, Amcor, Sonoco Products Company, Constantia Flexibles, Blisterpak, Uflex, Placon, Dordan Manufacturing, Pactiv, Fabri-Kal, Lacerta Group, Nelipak Healthcare Packaging, sG Packaging, Display Pack, Aikpak Plastic Forming, Universal Plastics Corporation, VisiPak, Walter Drake. The market is dominated by large players like Berry Global, Dow Chemical and Amcor due to their strong production and supply chain capabilities.

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https://www.rapidwebwire.com/clamshell-packaging-market-size-share-growth-outlook-2023/

 

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