Philippines Thermoform Trays Market to 2032
Overview
The Philippines Thermoform Trays Market is expected to reach a 157.12 USD Million by 2032 and is projected to grow at a CAGR of 6.78% from 2025 to 2032.
Revenue, 2024 (USD Million)
108.26
Forecast, 2032 (USD Million)
157.12
CAGR, 2024 - 2032
6.78%
Report Coverage
Philippines
Philippines Thermoform Trays Market 2018-2032 USD Million
Philippines Thermoform Trays Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 108.26 USD Million
- Projected Market Size (2032): 157.12 USD Million
- CAGR (2025-2032): 6.78%
Key Findings of Philippines Thermoform Trays Market
- The Philippines Thermoform Trays Market was valued at 108.26 USD Million in 2024.
- The Philippines Thermoform Trays Market is likely to grow at a CAGR of 6.78% 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 108.26 USD Million
- The fastest growing segment PET Trays in Product Segment grew Fastest with a CAGR of 7.58% during the forecast period from 2024 to 2032.
Philippines Thermoform Trays Market Scope
Philippines Thermoform Trays Market Segmentation & Scope
Product
- Others
- Drip Trays
- Dunnage Trays
- Insert Trays
- Shelf Display Trays
- Standard Trays
- Oxygen Ingress Barrier Trays
- Clamshells
- PET Trays
Amount of Polymer
- Above 150 Grams
- 100 – 150 Grams
- 10- 50 Grams
- 50- 100 Grams
Material
- Others
- Paper & Paperboard
- Plastic
Barrier Material
- Others
- Silicon Oxide Coatings
- Acrylic Coatings
- EVOH (Ethylene Vinyl Alcohol)
- Aluminium Foil
- Metallized Films
- PVDC (Polyvinylidene Chloride)
Thermoforming Process
- Twin Sheet Forming
- Pressure Forming
- Vacuum Forming
End-Use
- Others
- Home Care
- Hotels, Restaurants & Cafes
- Personal Care
- Electronics
- Food
- Healthcare
Shape
- Others
- Round
- Rectangular
Usage
- Non-Disposable
- Disposable
Distribution Channel
- B2C
- B2B
Philippines Thermoform Trays Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 108.26 USD Million |
| Market Value in 2032 | 157.12 USD Million |
| CAGR (2025-2032) | 6.78% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Product,Amount of Polymer,Material,Barrier Material,Thermoforming Process,End-Use,Shape,Usage,Distribution Channel |
Regional Insights:
-
Leading Market (2024-2032): Philippines, leading in terms of revenue 108.26 USD Million in 2024
- Key Country: Philippines, leading in terms of revenue with value of 108.26 USD Million in 2024.
Segments and Scope
-
Philippines Thermoform Trays Market to 2032, By Product
- PET Trays is the largest segment in Philippines Thermoform Trays Market to 2032 with a revenue of 25.70 USD Million in the year 2024.
- PET Trays is the Fastest growing segment in Philippines Thermoform Trays Market to 2032 with a Growth rate of 7.58 % in forecast period 2025-2032.
-
Philippines Thermoform Trays Market to 2032, By Amount of Polymer
- 50- 100 Grams is the largest segment in Philippines Thermoform Trays Market to 2032 with a revenue of 36.62 USD Million in the year 2024.
- 50- 100 Grams is the Fastest growing segment in Philippines Thermoform Trays Market to 2032 with a Growth rate of 7.32 % in forecast period 2025-2032.
-
Philippines Thermoform Trays Market to 2032, By Material
- Plastic is the largest segment in Philippines Thermoform Trays Market to 2032 with a revenue of 64.62 USD Million in the year 2024.
- Plastic is the Fastest growing segment in Philippines Thermoform Trays Market to 2032 with a Growth rate of 6.93 % in forecast period 2025-2032.
-
Philippines Thermoform Trays Market to 2032, By Barrier Material
- PVDC (Polyvinylidene Chloride) is the largest segment in Philippines Thermoform Trays Market to 2032 with a revenue of 32.45 USD Million in the year 2024.
- PVDC (Polyvinylidene Chloride) is the Fastest growing segment in Philippines Thermoform Trays Market to 2032 with a Growth rate of 7.26 % in forecast period 2025-2032.
-
Philippines Thermoform Trays Market to 2032, By Thermoforming Process
- Vacuum Forming is the largest segment in Philippines Thermoform Trays Market to 2032 with a revenue of 53.91 USD Million in the year 2024.
- Vacuum Forming is the Fastest growing segment in Philippines Thermoform Trays Market to 2032 with a Growth rate of 7.01 % in forecast period 2025-2032.
-
Philippines Thermoform Trays Market to 2032, By End-Use
- Healthcare is the largest segment in Philippines Thermoform Trays Market to 2032 with a revenue of 108.26 USD Million in the year 2024.
- Food is the Fastest growing segment in Philippines Thermoform Trays Market to 2032 with a Growth rate of 6.78 % in forecast period 2025-2032.
-
Philippines Thermoform Trays Market to 2032, By Shape
- Rectangular is the largest segment in Philippines Thermoform Trays Market to 2032 with a revenue of 58.86 USD Million in the year 2024.
- Rectangular is the Fastest growing segment in Philippines Thermoform Trays Market to 2032 with a Growth rate of 7.00 % in forecast period 2025-2032.
-
Philippines Thermoform Trays Market to 2032, By Usage
- Disposable is the largest segment in Philippines Thermoform Trays Market to 2032 with a revenue of 60.71 USD Million in the year 2024.
- Disposable is the Fastest growing segment in Philippines Thermoform Trays Market to 2032 with a Growth rate of 7.01 % in forecast period 2025-2032.
-
Philippines Thermoform Trays Market to 2032, By Distribution Channel
- B2B is the largest segment in Philippines Thermoform Trays Market to 2032 with a revenue of 74.20 USD Million in the year 2024.
- B2B is the Fastest growing segment in Philippines Thermoform Trays Market to 2032 with a Growth rate of 6.92 % in forecast period 2025-2032.
Philippines Thermoform Trays Market Company Share Analysis
| Company Name |
|
||
| WestRock Company | |||
| Sonoco Products Company | |||
| Amcor plc | |||
| DS Smith | |||
| Pactiv LLC | |||
Philippines Thermoform Trays Market Geographical Sales Distribution, 2018-2032 USD Million
Philippines Thermoform Trays Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Philippines Thermoform Trays Market is segmented based on Segmentation Product,Amount of Polymer,Material,Barrier Material,Thermoforming Process,End-Use,Shape,Usage,Distribution Channel.
Philippines Thermoform Trays Market was valued at USD 108.26(Revenue in USD Million) in 2021.
Philippines Thermoform Trays Market is projected to grow at a CAGR of 6.78% during the forecast period of 2024 to 2032.
The Healthcare segment is expected to dominate the Philippines Thermoform Trays Market, holding a largest market share of 108.26 USD Million in 2024
Philippines Thermoform Trays Market Scope
Philippines Thermoform Trays Market Segmentation & Scope
Product
- Others
- Drip Trays
- Dunnage Trays
- Insert Trays
- Shelf Display Trays
- Standard Trays
- Oxygen Ingress Barrier Trays
- Clamshells
- PET Trays
Amount of Polymer
- Above 150 Grams
- 100 – 150 Grams
- 10- 50 Grams
- 50- 100 Grams
Material
- Others
- Paper & Paperboard
- Plastic
Barrier Material
- Others
- Silicon Oxide Coatings
- Acrylic Coatings
- EVOH (Ethylene Vinyl Alcohol)
- Aluminium Foil
- Metallized Films
- PVDC (Polyvinylidene Chloride)
Thermoforming Process
- Twin Sheet Forming
- Pressure Forming
- Vacuum Forming
End-Use
- Others
- Home Care
- Hotels, Restaurants & Cafes
- Personal Care
- Electronics
- Food
- Healthcare
Shape
- Others
- Round
- Rectangular
Usage
- Non-Disposable
- Disposable
Distribution Channel
- B2C
- B2B
Frequently Asked Questions
The Philippines Thermoform Trays Market is segmented based on Segmentation Product,Amount of Polymer,Material,Barrier Material,Thermoforming Process,End-Use,Shape,Usage,Distribution Channel.
Philippines Thermoform Trays Market was valued at USD 108.26(Revenue in USD Million) in 2021.
Philippines Thermoform Trays Market is projected to grow at a CAGR of 6.78% during the forecast period of 2024 to 2032.
The estimated market value of the Philippines Thermoform Trays Market for final year is USD 157.12 (USD Million).
Philippines Thermoform Trays Market Company Profiling
Frequently Asked Questions
The Philippines Thermoform Trays Market is segmented based on Segmentation Product,Amount of Polymer,Material,Barrier Material,Thermoforming Process,End-Use,Shape,Usage,Distribution Channel.
Philippines Thermoform Trays Market was valued at USD 108.26(Revenue in USD Million) in 2021.
Philippines Thermoform Trays Market is projected to grow at a CAGR of 6.78% during the forecast period of 2024 to 2032.
The estimated market value of the Philippines Thermoform Trays Market for final year is USD 157.12 (USD Million).
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