Global Thermoform Trays Market to 2032
Overview
The Global Thermoform Trays Market is expected to reach a 9.84 USD Billion by 2032 and is projected to grow at a CAGR of 5.09% from 2025 to 2032.
Revenue, 2024 (USD Billion)
6.83
Forecast, 2032 (USD Billion)
9.84
CAGR, 2024 - 2032
5.09%
Report Coverage
Global
Global Thermoform Trays Market 2018-2032 USD Billion
Global Thermoform Trays Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 6.83 USD Billion
- Projected Market Size (2032): 9.84 USD Billion
- CAGR (2025-2032): 5.09%
Key Findings of Global Thermoform Trays Market
- The Global Thermoform Trays Market was valued at 9.84 USD Billion in 2024.
- The Global Thermoform Trays Market is likely to grow at a CAGR of 5.09% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Healthcare in End-Use Segment accounted for the largest share of the market with a revenue of 6.83 USD Billion
- The fastest growing segment PET Trays in Product Segment grew Fastest with a CAGR of 5.73% during the forecast period from 2024 to 2032.
Global Thermoform Trays Market Scope
Global Thermoform Trays Market Segmentation & Scope
End-Use
- Healthcare
- Electronics
- Food
- Personal Care
- Home Care
- Others
- Hotels, Restaurants & Cafes
Distribution Channel
- B2C
- B2B
Usage
- Disposable
- Non-Disposable
Product
- Clamshells
- Oxygen Ingress Barrier Trays
- PET Trays
- Shelf Display Trays
- Standard Trays
- Insert Trays
- Dunnage Trays
- Drip Trays
- Others
Material
- Paper & Paperboard
- Others
- Plastic
Thermoforming Process
- Vacuum Forming
- Pressure Forming
- Twin Sheet Forming
Shape
- Rectangular
- Round
- Others
Barrier Material
- PVDC (Polyvinylidene Chloride)
- Metallized Films
- Aluminium Foil
- EVOH (Ethylene Vinyl Alcohol)
- Silicon Oxide Coatings
- Others
- Acrylic Coatings
Amount of Polymer
- 50- 100 Grams
- 10- 50 Grams
- 100 – 150 Grams
- Above 150 Grams
Global Thermoform Trays Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 6.83 USD Billion |
| Market Value in 2032 | 9.84 USD Billion |
| CAGR (2025-2032) | 5.09% |
| Historic Data | 2016-2023 |
| Market Segments Covered | End-Use,Distribution Channel,Usage,Product,Material,Thermoforming Process,Shape,Barrier Material,Amount of Polymer |
Regional Insights:
-
Leading Market (2024-2032): Global, leading in terms of revenue 6.83 USD Billion in 2024
- Key Country: U.S., leading in terms of revenue with value of 1,299.12 USD Million in 2024.
Segments and Scope
-
Global Thermoform Trays Market to 2032, By End-Use
- Healthcare is the largest segment in Global Thermoform Trays Market to 2032 with a revenue of 6.83 USD Billion in the year 2024.
- Food is the Fastest growing segment in Global Thermoform Trays Market to 2032 with a Growth rate of 5.09 % in forecast period 2025-2032.
-
Global Thermoform Trays Market to 2032, By Distribution Channel
- B2B is the largest segment in Global Thermoform Trays Market to 2032 with a revenue of 4.67 USD Billion in the year 2024.
- B2B is the Fastest growing segment in Global Thermoform Trays Market to 2032 with a Growth rate of 5.20 % in forecast period 2025-2032.
-
Global Thermoform Trays Market to 2032, By Usage
- Disposable is the largest segment in Global Thermoform Trays Market to 2032 with a revenue of 3.81 USD Billion in the year 2024.
- Disposable is the Fastest growing segment in Global Thermoform Trays Market to 2032 with a Growth rate of 5.28 % in forecast period 2025-2032.
-
Global Thermoform Trays Market to 2032, By Product
- PET Trays is the largest segment in Global Thermoform Trays Market to 2032 with a revenue of 1.60 USD Billion in the year 2024.
- PET Trays is the Fastest growing segment in Global Thermoform Trays Market to 2032 with a Growth rate of 5.73 % in forecast period 2025-2032.
-
Global Thermoform Trays Market to 2032, By Material
- Plastic is the largest segment in Global Thermoform Trays Market to 2032 with a revenue of 4.07 USD Billion in the year 2024.
- Plastic is the Fastest growing segment in Global Thermoform Trays Market to 2032 with a Growth rate of 5.21 % in forecast period 2025-2032.
-
Global Thermoform Trays Market to 2032, By Thermoforming Process
- Vacuum Forming is the largest segment in Global Thermoform Trays Market to 2032 with a revenue of 3.39 USD Billion in the year 2024.
- Vacuum Forming is the Fastest growing segment in Global Thermoform Trays Market to 2032 with a Growth rate of 5.28 % in forecast period 2025-2032.
-
Global Thermoform Trays Market to 2032, By Shape
- Rectangular is the largest segment in Global Thermoform Trays Market to 2032 with a revenue of 3.70 USD Billion in the year 2024.
- Rectangular is the Fastest growing segment in Global Thermoform Trays Market to 2032 with a Growth rate of 5.27 % in forecast period 2025-2032.
-
Global Thermoform Trays Market to 2032, By Barrier Material
- PVDC (Polyvinylidene Chloride) is the largest segment in Global Thermoform Trays Market to 2032 with a revenue of 2.03 USD Billion in the year 2024.
- PVDC (Polyvinylidene Chloride) is the Fastest growing segment in Global Thermoform Trays Market to 2032 with a Growth rate of 5.49 % in forecast period 2025-2032.
-
Global Thermoform Trays Market to 2032, By Amount of Polymer
- 50- 100 Grams is the largest segment in Global Thermoform Trays Market to 2032 with a revenue of 2.29 USD Billion in the year 2024.
- 50- 100 Grams is the Fastest growing segment in Global Thermoform Trays Market to 2032 with a Growth rate of 5.53 % in forecast period 2025-2032.
Global Thermoform Trays Market Company Share Analysis
| Company Name |
|
||
| WestRock Company | |||
| Sonoco Products Company | |||
| Amcor plc | |||
| DS Smith | |||
| Pactiv LLC | |||
Global Thermoform Trays Market Geographical Sales Distribution, 2018-2032 USD Billion
Global Thermoform Trays Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Global Thermoform Trays Market is segmented based on Segmentation End-Use,Distribution Channel,Usage,Product,Material,Thermoforming Process,Shape,Barrier Material,Amount of Polymer.
Global Thermoform Trays Market was valued at USD 6.83(Revenue in USD Billion) in 2021.
Global Thermoform Trays Market is projected to grow at a CAGR of 5.09% during the forecast period of 2024 to 2032.
The Healthcare segment is expected to dominate the Global Thermoform Trays Market, holding a largest market share of 6.83 USD Billion in 2024
Global Thermoform Trays Market Scope
Global Thermoform Trays Market Segmentation & Scope
End-Use
- Healthcare
- Electronics
- Food
- Personal Care
- Home Care
- Others
- Hotels, Restaurants & Cafes
Distribution Channel
- B2C
- B2B
Usage
- Disposable
- Non-Disposable
Product
- Clamshells
- Oxygen Ingress Barrier Trays
- PET Trays
- Shelf Display Trays
- Standard Trays
- Insert Trays
- Dunnage Trays
- Drip Trays
- Others
Material
- Paper & Paperboard
- Others
- Plastic
Thermoforming Process
- Vacuum Forming
- Pressure Forming
- Twin Sheet Forming
Shape
- Rectangular
- Round
- Others
Barrier Material
- PVDC (Polyvinylidene Chloride)
- Metallized Films
- Aluminium Foil
- EVOH (Ethylene Vinyl Alcohol)
- Silicon Oxide Coatings
- Others
- Acrylic Coatings
Amount of Polymer
- 50- 100 Grams
- 10- 50 Grams
- 100 – 150 Grams
- Above 150 Grams
Frequently Asked Questions
The Global Thermoform Trays Market is segmented based on Segmentation End-Use,Distribution Channel,Usage,Product,Material,Thermoforming Process,Shape,Barrier Material,Amount of Polymer.
Global Thermoform Trays Market was valued at USD 6.83(Revenue in USD Billion) in 2021.
Global Thermoform Trays Market is projected to grow at a CAGR of 5.09% during the forecast period of 2024 to 2032.
The estimated market value of the Global Thermoform Trays Market for final year is USD 9.84 (USD Billion).
Global Thermoform Trays Market Company Profiling
Frequently Asked Questions
The Global Thermoform Trays Market is segmented based on Segmentation End-Use,Distribution Channel,Usage,Product,Material,Thermoforming Process,Shape,Barrier Material,Amount of Polymer.
Global Thermoform Trays Market was valued at USD 6.83(Revenue in USD Billion) in 2021.
Global Thermoform Trays Market is projected to grow at a CAGR of 5.09% during the forecast period of 2024 to 2032.
The estimated market value of the Global Thermoform Trays Market for final year is USD 9.84 (USD Billion).
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