The Global Clamshell Packaging Market is Propelled by sustainable product packaging solutions

 

Clamshell packaging is ideal for preserving perishable food items and protecting consumer goods from damage during transportation. It provides easy access to products while preventing tampering and pilferage. Clamshell packaging is widely used for packaging fresh food items, electronics, cosmetics, toys, and other consumer goods. Growing demand for convenient and easy-to-carry packaging from industries such as food & beverages, personal care, pharmaceuticals is expected to drive the clamshell packaging market.

The global clamshell packaging market is estimated to be valued at US$ 11.10 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.

Market key trends:

Sustainable packaging solutions have gained increased importance due to rising environmental awareness among consumers and stringent government regulations. Clamshell packaging manufacturers are focusing on developing sustainable packaging solutions made from recycled plastics and bioplastics to reduce plastic waste. For instance, Dutch packaging company Smurfit Kappa developed a pilfer-proof and recyclable clamshell using 100% repulpable paperboard and bio-based films certified compostable by TUV Austria. Such innovations are expected to boost the adoption of clamshell packaging and drive market growth over the forecast period.

Segment Analysis

The global clamshell packaging market is dominated by the food segment owing to the high usage of clamshell packaging for various food products such as fruits, vegetables, snacks, chocolates, and many more. Food accounted for over 35% of the overall clamshell packaging market share in 2020. The food segment is expected to witness steady growth during the forecast period as well owing to the growing packaged food industry worldwide.

Key Takeaways

The global clamshell packaging market is expected to witness high growth over the forecast period between 2023 to 2030. The global clamshell packaging market is estimated to be valued at US$ 11.10 Bn in 2023 and is expected to exhibit a CAGR of 3.7% over the forecast period 2023 to 2030.

Regionally, North America accounted for the largest market share of over 30% in 2020 owing to the large packaged food and consumer goods industry in countries such as the US and Canada. Asia Pacific is expected to be the fastest growing regional market with a CAGR of 5% during the forecast period driven by the growing middle-class population and their rising disposable incomes in countries such as China and India.

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.

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