Thermoformed Plastic Packaging market overview

Growth in the thermoformed plastic packaging industry is well-documented across several product segments. This industry has experienced strong historic growth by capitalizing on the many advantages that the thermoforming process affords manufacturers, including the ability to produce a thin, cost-efficient package; considerable flexibility in product design and tooling; and the capability to manufacture a variety of packaging products using a wide range of thermoplastic materials, including co-extruded plastics. Following record growth of 9.3% in 2005, the thermoformed plastic packaging industry grew at rates of 6.1% and 6.2% in 2006 and 2007, respectively, a pace that PMCF expects will continue over the next several years.

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