Clamshell Packaging Market Size & Share Global Analysis Report, 2023-2032
Clamshell Packaging Market Share, Size, Trends, Industry Analysis Report, 2023 - 2032

Clamshell Packaging Market Share, Size, Trends, Industry Analysis Report, By Product Type (Trays, Bowls, and Boxes & Containers); By End-User; By Region; Segment Forecast, 2023 - 2032

  • Published Date:Jan-2023
  • Pages: 116
  • Format: PDF
  • Report ID: PM2977
  • Base Year: 2022
  • Historical Data: 2019-2021

Report Outlook

The global clamshell packaging market was valued at USD 9,396.95 million in 2022 and is expected to grow at a CAGR of 4.0% during the forecast period.

A rapid surge in demand for application from various end-use industries, including food, cosmetics & personal care, healthcare industry, owing to the wide range of benefits offered by clamshell packaging, such as better product protection, versatility, and sustainability, are driving the growth of the global market. In addition, increasing consumer preferences for packaging formats that provide enhanced and improved security to their product inside the packaging, as inappropriate packaging can lead to contamination and damage of the product. Thus, the global demand for clamshell packaging will likely boost significantly in the coming years.

Clamshell Packaging Market Size
Know more about this report: Request for sample pages

Furthermore, the rapid advancements in research activities, which led to the high development of clamshell-PE bags for improving the protection of products from the external environment, is gaining high traction. In addition, plastic integrity offers a wide range of options in clamshell packaging with the growing prevalence and utilization of advanced thermoforming processes, which is likely to create high market growth opportunities. For instance, in April 2022, Burger King announced that the company is going to use reusable packaging for the burgers in a partnership with the Loop. As of now, it will be rolled out in 5 restaurants & will plan to expand further by determining customer response.

However, several restrictions on the usage of plastic products in several countries across the globe is the key factor restraining the market's growth. The use of plastic materials such as PE, PET, PVC, and many others are restricted in many areas, as it damages the environment and decomposes slowly, which is hindering the adoption of clamshell plastic. The outbreak of the COVID-19 pandemic has significantly impacted the growth of the clamshell packaging market.

Clamshell Packaging Market

Know more about this report: Request for sample pages

Industry Dynamics

Growth Drivers
The increasing demand from the food industry, as this type of packaging is highly used for items like frozen lobster tails, salads, pies, sandwiches, bread, burgers, BBQ ribs, cookies, and many others, is the key factor influencing the growth of the global clamshell packaging market. In addition, with the eye-catching design of clamshell packaging, customer attracts to it as they want to be assured that the product they are going to buy is in the promised and good condition, without any defects and flaws; thus, the demand for these packaging is expected to grow significantly over the next coming years.

Furthermore, the rapid emergence in the eCommerce sector and rapidly growing numbers of people using online shopping platforms across the globe owing to the easy availability of fast internet facilities and high penetration of smartphones is likely to be another key driving factor for the market growth over the anticipated period. Additionally, many applications of clamshell packaging in the electronics industry due to its several beneficial features are also anticipated to propel the market growth. For instance, according to our findings, around 180-190 million people shopped online in 2021 in India, which is expected to grow to around 400 million shoppers by 2027. The Indian eCommerce sector is projected to grow by over 25% annually, reaching USD 150 billion by 2027.

Report Segmentation

The market is primarily segmented based on product type, end-user, and region.

By Product Type

By End-User

By Region

  • Trays
  • Bowls
  • Boxes & Containers
  • Food
  • Cosmetic & Personal Care
  • FMCG
  • Pharmaceuticals
  • Others
  • North America (U.S., Canada)
  • Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
  • Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
  • Latin America (Brazil, Mexico, Argentina)
  • Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

Know more about this report: Request for sample pages

Trays segment accounted for the largest market share in 2022

The trays segment accounted for the largest market share in 2022 and is expected to grow significantly over the projected period. The growth of the segment market can be attributed to the wide range of benefits offered by clamshell trays, such as design versatility, enhanced product protection, and shelf appeal, which makes it a feasible packaging solution in various end-user industries including household goods, pharmaceuticals, food, and electrical & electronics.

Moreover, the boxes & containers segment is expected to register a considerable growth rate over the coming years due to increasing demand for eco-friendly solutions in the packaging industry to tackle various ecological issues and increased adoption of paper-based clamshell packaging as a result of imposing a ban on plastic products. In addition, the easy availability of paperboard clamshell boxes in different shapes and sizes and capabilities to be easily customized and attractive packaging is fueling the growth of the segment market.

Food segment held the largest market revenue share

The food segment held the largest market share in 2022, with a healthy growth rate due to the extensively growing demand for clamshell packaging in the food industry around the world by its rapidly increasing application in packaged food items, frozen food, and bakery products. This type of packaging is known for offering high security, safety, and better maintenance of food quality. In addition, growing consumer inclinations towards ready-to-eat food and attractive packaging of products, especially in developed countries such as U.S., Canada, France, and Germany, is propelling the segment growth significantly.

Furthermore, the pharmaceuticals segment is expected to grow fastest during the projected period due to the increasing focus of industry players on brand endorsement and product differentiation and high penetration among retail pharmacies, especially in emerging economies such as India, China, Brazil, and Indonesia. Additionally, the increasing utilization of post-consumed recycled packaging material and the prevalence of highly sustainable clamshell packaging has paved the way for increased adoption of recyclable clamshell packaging products and is likely to fuel the market growth in the near future.

The demand in Asia Pacific is expected to witness significant growth

The Asia Pacific region is projected to emerge fastest at a CAGR throughout the forecast period. The growth of regional market is mainly driven robust growth of clamshell packaging as a result of rising packaged food trends, pharmaceutical sector growth, and increasing electronics production in the region. The growing prevalence of online shopping for various types of products including food and consumer & personal goods among others, which results in high demand for packaging boxes, trays, and bowls. Thus, the market for clamshell packaging products are likely to gain significant growth in the region over the anticipated period.

Furthermore, the North America region accounted for a substantial market share in 2022 due to rapid industrialization, growing government initiative and efforts on promoting environment friendly packaging, and rise in the cosmetics & personal and healthcare sectors in the region. In the recent years, the pharmaceutical industry in the United States has seen tremendous growth on account of rapidly growing investment on healthcare and increasing adoption of clamshell products, which has created high market growth opportunities for the region. For instance, health spending in the US rose by 9.7% in 2020 to USD 4.1 trillion, which is 4.3% higher than the 2019. US spent more than 19% of country’s GDP in 2020, which is comparatively higher than any other country in the world.

Competitive Insight

Key players in the global market include VisiPak, Walter Drake., National Plastics, Plastic Ingenuity, Highland Packaging, Universal Plastic Corporation, Clearpack Engineering, Placon Manufacturing, Aikpak Plastic Forming, Lacerta Group, Dordan Manufacturing, and Panic Plastics.

Recent Developments

In October 2021, Jamestown Plastics, introduced new sustainable clamshell packaging “Clamtainer” developed with its patented Click-It Closure technology. It does not any type of opener like scissors and knifes and can be accessed easily by the older individuals.

In April 2021, Amcor, introduced recyclable poly-ethylene thermo-form blister packaging, which helps them to cater growing need & criteria of regulated pharmaceutical & specialized packaging. The products also come with benefits of upto 70 percent reduction in the carbon footprint, as compared to other packaging materials available in the market.

Clamshell Packaging Market Report Scope

Report Attributes

Details

Market size value in 2023

USD 9,767.19 million

Revenue forecast in 2032

USD 13,949.93 million

CAGR

4.0% from 2023 – 2032

Base year

2022

Historical data

2019 – 2021

Forecast period

2023 – 2032

Quantitative units

Revenue in USD million and CAGR from 2023 to 2032

Segments covered

By Product Type, By End-User, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America; Middle East & Africa

Key companies

VisiPak Inc., Walter Drake Inc., National Plastics Inc., Plastic Ingenuity Inc., Highland Packaging Solutions, Universal Plastic Corporation, Clearpack Engineering Inc., Placon Manufacturing Company Inc., Aikpak Plastic Forming, Lacerta Group Inc., Dordan Manufacturing Company Inc., and Panic Plastics Inc.

FAQ's

Clamshell Packaging Market Size Worth $13,949.93 Million By 2032.

key players are VisiPak, Walter Drake., National Plastics, Plastic Ingenuity, Highland Packaging, Universal Plastic Corporation, Clearpack Engineering, Placon Manufacturing, Aikpak Plastic Forming, Lacerta Group.

Asia Pacific contribute notably towards the global clamshell packaging market.

The global clamshell packaging market expected to grow at a CAGR of 4.0% during the forecast period.

key segments are product type, end-user, and region.