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Global Stock Clamshell Packaging Market to Grow at 6.3% CAGR through 2025 and Rake in US$ 7.31 Bn in Revenues

Press release Description

Albany, New York, March 14, 2018: A new comprehensive study titled “Stock Clamshell Packaging Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2026” has recently been submitted to the repository of Market Research Reports Search Engine (MRRSE). The report provides detailed analysis of global stock clamshell packaging market and projects the market to grow at 6.3% CAGR and surpass US$ 7.31 Bn in revenues by 2025.

According to the report, demand for stock clamshell packaging is projected to grow at a steady clip during the assessment period. The demand will supported by a number of factors including increasing focus on maintaining the quality and integrity of the product during transportation. The growing popularity of e-commerce, combined with reduction in the price of stock clamshell packaging are likely to provide an impetus to growth during the assessment period.

The key segments in the report include application, product type, material type and region. The application segment is further sub-segmented into food, veterinary & nutraceticals, industrial, electrical & electronics, pharmaceuticals, medical devices and consumer goods. By product type, the global market is divided into trifold, quad-fold and others. Key material type segments include Polyethylene¸ Polyethylene Terephthalate, Molded Fiber, Polypropylene and Poly Vinyl Chloride. Region-wise, the global market is divided into North America, Latin America, Europe, Asia pacific Excluding Japan, Middle East & Africa and Japan.

According to the report, polyethylene (PE) is the most widely used material for stock clamshell packaging during the assessment period. By 2026, the demand for polyethylene in clamshell packaging is likely to rake in US$ 3.4 Bn worth of revenues. By product type, quad-fold is projected to witness higher demand, and rake in US$ 3.5 Bn worth of revenues during the assessment period.

Pharmaceuticals are one of the largest application segments for stock clamshell packaging globally. The demand for temperature-controlled stock clamshell packaging is growing at a steady rate, and it is projected that manufacturers will increase their emphasis on customizing the temperature controlled features to offer a higher level of customization.

Asia Pacific excluding Japan (APEJ) is one of the largest markets for stock clamshell packaging, and it is projected that emergence of low-cost manufacturing hubs in China and India will further cement the position of the region.

The leading companies profiled in the market include Amcor Limited, Bemis Company¸ Sonoco Products Company, Klockner Pentaplast Group, Honeywell International, Dow Chemicals¸ WestRock Company, Constantia Flexibles, E.I. du Pont de Nemours and Company and VisiPak Inc. The report analyzes the product and business strategies of these leading companies.

Browse Full Global Stock Clamshell Packaging Market Report with TOC :

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