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.

Read more

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

 

Comments

Post a Comment

Popular posts from this blog

Global Epigenetics Market: Current Trends and Future Prospects

Image
The field of epigenetics has been making significant strides in recent years, and the epigenetics market is no exception. Epigenetics refers to the study of changes in gene expression or cellular traits that occur without alterations to the underlying DNA sequence. This dynamic and rapidly evolving field has vast implications for our understanding of genetics, disease, and personalized medicine. The epigenetics market encompasses a wide range of products and services, including DNA methylation analysis, histone modification assays, and chromatin immunoprecipitation. Researchers and pharmaceutical companies are increasingly turning to epigenetics to uncover the intricacies of diseases such as cancer, Alzheimer's, and cardiovascular disorders. The global epigenetics market is expected to continue its growth trajectory, with ongoing advancements in technology and the potential for groundbreaking discoveries. As we delve deeper into the epigenetic code, the market is set to play a piv
Read more

Global Veterinary Equipment and Disposables Market: Trends and Outlook

Image
The veterinary equipment and disposables market is experiencing notable growth and transformation. With the increasing number of pet owners considering their animals as family, there is a growing demand for advanced diagnostic tools, surgical instruments, and consumables in veterinary practices. This trend is also supported by the evolving landscape of veterinary medicine, which now integrates sophisticated equipment like digital radiography and ultrasound. In addition to companion animals, the livestock and poultry industry also relies on specialized veterinary equipment to ensure the health and welfare of animals, contributing to market expansion. Moreover, the emphasis on preventive care and early disease detection has led to a surge in the adoption of veterinary equipment and diagnostics for routine check-ups. The incorporation of technology in veterinary practices, including electronic health records and telemedicine, is further enhancing the efficiency and quality of animal healt
Read more