PUBLISHER: Polaris Market Research | PRODUCT CODE: 1697929
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1697929
The US rigid thermoform plastic packaging market size is expected to reach USD 19.45 billion by 2034, according to a new study by Polaris Market Research. The report "US Rigid Thermoform Plastic Packaging Market Size, Share, Trends, Industry Analysis Report: By Material, Product (Blister Pack, Clamshells, Trays and Lids, Containers, and Others), and Application - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Rigid thermoform plastic packaging is a type of packaging made of plastic sheets that are heated, molded into a specific shape, and cooled to create sturdy, durable containers for various products.
Rising focus on food safety and freshness is driving the US rigid thermoform plastic packaging market growth. Food safety and freshness are top priorities in both the food service and retail industries of the US. Rigid thermoform plastic packaging ensures that food products remain fresh, safe, and protected throughout the supply chain. It helps prevent contamination and damage during transportation, extending the shelf life of perishable items. This type of packaging also contributes to reducing food waste by keeping products in optimal condition until they reach consumers. The growing demand for convenience foods and ready-to-eat meals in the US drives the continued need for effective food packaging solutions such as thermoform plastics.
In the competitive market, businesses are always seeking ways to reduce costs while maintaining product quality. Rigid thermoform plastic packaging provides a cost-effective solution due to its lightweight yet durable nature. This characteristic reduces shipping and storage costs, making it an attractive option for manufacturers and retailers. The packaging's ability to protect products during transit also helps prevent returns and losses, which further lowers overall costs. The rising focus of businesses on improving efficiency and profitability is driving the US rigid thermoform plastic packaging market demand.
Based on product, the container segment dominated the US rigid thermoform plastic packaging market share in 2024 due to the growing demand for efficient and reliable packaging solutions in the food & beverages industry.
By material, the polyethylene terephthalate segment is expected to witness the highest growth rate during the forecast period due to its several advantages, such as durability, clarity, and recyclability.
A few global key market players are Amcor plc, Anchor Packaging LLC, Constantia Flexibles, D&W Fine Pack LLC, Display Pack, EasyPak., Genpak LLC, Huhtamaki Group, Pactiv Evergreen Inc., Placon, Sabert Corporation, Sealed Air, Sonoco Products Company, and WINPAK LTD.
Polaris Market Research has segmented the US rigid thermoform plastic packaging market report on the basis of material, product, and application:
By Material (Volume Kilotons, Revenue USD Billion, 2020-2034)
§ Polyethylene Terephthalate (PET)
§ Polyvinyl Chloride (PVC)
§ Polystyrene (PS)
§ Polypropylene (PP)
§ Polyethylene (PE)
§ Others
By Product (Volume Kilotons, Revenue USD Billion, 2020-2034)
§ Blister Pack
§ Clamshells
§ Trays & Lids
§ Containers
§ Others
By Application (Volume Kilotons, Revenue USD Billion, 2020-2034)
§ Food & Beverages
§ Electronics
§ Personal Care & Cosmetics
§ Pharmaceuticals
§ Homecare
§ Others