Thermoform Packaging Market Share

Thermoform Packaging Market Share

The thermoform packaging industry exhibits a moderate degree of concentration, with large players like Amcor and Sonoco holding significant market shares. However, a substantial portion (roughly 45-55%) comes from numerous smaller companies and regional players, creating a fragmented landscape. Larger players offer various price points based on volume and complexity. Companies like DS Smith emphasize customization and innovative features for premium pricing. Distribution networks are a key focus, ensuring efficient supply chain management and timely delivery.
 

Product innovation, particularly in the realm of sustainable materials and smart packaging technologies, serves as a differentiator for companies aiming to capture market share. Amcor's acquisition of Bemis in 2019 solidified its global leadership and expanded its food packaging footprint. Sonoco's launch of its EnviroSense™ sustainable packaging line caters to the growing demand for eco-friendly solutions. DS Smith's acquisition of IHS International further strengthens its paper-based packaging offerings and provides opportunities for integration with thermoforming solutions.
 

Thermoform Packaging Market Companies

Major players operating in the thermoform packaging industry include:

• Amcor Plc
• Sonoco Products Company
• DS Smith Plc
• WestRock Company
• Anchor Packaging, Inc.
• Placon Corp
• Display Pack Inc.
• Pactiv LLC
• Dart Container Corp.
• Constantia
• RPC Group Plc
• D&W Fine Pack
• Lacerta Group Inc.