YORK, Aug. 5, 2022 /PRNewswire/ -- The
"Clamshell Packaging Market by End-user and Geography -
Forecast and Analysis 2022-2026" report has been added to
Technavio's offering. With ISO 9001:2015 certification, Technavio
is proudly partnering with more than 100 Fortune 500 companies for
over 16 years. The potential growth difference for the
clamshell packaging market between 2021 and 2026 is
$ 2.35 billion, as per the latest
market analysis report by Technavio. The report predicts the market
to witness an accelerating growth momentum at a CAGR of 3.77%
during the forecast period. Technavio categorizes the global
clamshell packaging market as a part of the global metal and glass
containers market. Our report provides extensive information
on the value chain analysis for the clamshell packaging market,
which vendors can leverage to gain a competitive advantage during
the forecast period.
For more market dynamics and their impact
analysis, Read FREE Sample Report
Key Market Dynamics:
- Market Driver: One of the key factors driving the global
clamshell packaging industry growth is the growth of multinational
fast-food chains. The growth of multinational fast-food brands
is increasing the adoption of low-cost and convenient packaging
materials, including clamshell packaging. For instance, In
May 2022, Jubilant Foodworks Ltd.,
the holder of the master franchisee for Domino's Pizza brand in
India, Sri Lanka, Bangladesh, and Nepal, announced that in Q4 2021, the company
had launched 80 new restaurants of Domino's Pizza in India. In January
2021, McDonald's Corp. announced plans to open nearly 500
restaurants in the US and its International Operated Markets
segments. These factors will have a positive impact on the growth
of the global clamshell packaging market during the forecast
- Market Challenge: One of the key challenges to the global
clamshell packaging industry growth is the ban on expanded
polystyrene (EPS) clamshell containers. The ban on EPS foam often
referred to as 'Styrofoam,' was signed into law in January 2022 by the New
York State Department of Environmental Conservation. The law
imposed a ban on any single-use packaging materials, including
containers, designed to temporarily store and transport foods or
beverages. The ban applies to restaurants, food trucks, grocery
stores, schools, and hospitals, with some exceptions, such as food
To learn about additional key drivers, trends,
and challenges available with Technavio. View Sample
Market Segment Insights
The clamshell packaging market report is segmented by End-user
(Food, Electronics, and Others) and Geography (APAC, North America, Europe, South
America, and Middle East
Revenue-generating Segment Insights: The clamshell
packaging market share growth by the food segment will be
significant during the forecast period. Changing lifestyles and
food habits are significant factors underlying the growth of the
packaged food industry across the world. Market vendors experienced
an increase in their revenues generated through the sales of
clamshell packaging. In 2021, with the introduction of COVID-19
vaccines, the number of COVID-19 cases decreased, which led to the
lifting of pandemic-related restrictions. These factors have
propelled the demand for clamshell packaging, and the segment is
expected to witness positive growth during the forecast period.
Regional Opportunities: APAC will be the
leading region with 34% of the market's growth during the forecast
period. China, Japan, and India are the key markets for clamshell
packaging in APAC. However, market growth in this region will be
slower than the growth of the market in other regions. The
rapidly expanding end-user industries such as food and beverage,
electronics, and personal care will facilitate the clamshell
packaging market growth in APAC over the forecast period.
View our sample report for additional insights
into the contribution of all the segments and regional
Some Companies Mentioned with their
- Amcor Plc
- Blisterpak Inc.
- Clearpack Engineering Inc.
- Creative Plastics
- Dordan Manufacturing Co.
- Footprint LLC
- Helmy Plastics
- Lacerta Group Inc.
- Novolex Holdings LLC
- Panic Plastics Inc.
- Parksons Packaging Ltd.
- Placon Corp.
- Plastic Ingenuity Inc.
- Prime Packaging LLC
- QPC Pack
- Sinclair and Rush Inc.
- Smurfit Kappa Group
- Sonoco Products Co.
- Universal Plastics Group Inc.
- Walter Drake Inc.
- WestRock Co.
- Access vendor profiles with their key offerings available
with Technavio, Download Sample Report PDF
Beverage Packaging Market in Europe by Material and Location -
Forecast and Analysis 2022-2026
Rigid Plastic Packaging Market by Component and
Geography - Forecast and Analysis 2022-2026
Accelerate at a CAGR of
APAC, North America,
Europe, South America, and Middle East and Africa
APAC at 34%
US, China, Japan,
India, and UK
competitive strategies, consumer engagement scope
Amcor Plc, Blisterpak
Inc., Clearpack Engineering Inc., Creative Plastics, Dordan
Manufacturing Co., Footprint LLC, Helmy Plastics, Lacerta Group
Inc., Novolex Holdings LLC, Panic Plastics Inc., Parksons Packaging
Ltd., Placon Corp., Plastic Ingenuity Inc., Prime Packaging LLC,
QPC Pack, Sinclair and Rush Inc., Smurfit Kappa Group, Sonoco
Products Co., Universal Plastics Group Inc., Walter Drake Inc., and
Parent market analysis,
Market growth inducers and obstacles, Fast-growing and slow-growing
segment analysis, COVID 19 impact and future consumer dynamics, and
market condition analysis for the forecast period.
If our report has not
included the data that you are looking for, you can reach out to
our analysts and get segments customized.
Key Topics Covered:
- Executive Summary
- Market Landscape
- Market Sizing
- Five Forces Analysis
- Market Segmentation by End-user
- Customer landscape
- Geographic Landscape
- Vendor Landscape
- Vendor Analysis
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