Thermoform Packaging Market Size, Share & Trends Analysis Report By Material (PET, PE, PP), By Product (Containers, Clamshell), By End Use (Pharmaceuticals, Food & Beverage), By Region, And Segment Forecasts, 2026 - 2033

Thermoform Packaging Market Summary

The global thermoform packaging market size was estimated at USD 54.72 billion in 2025 and is projected to reach USD 83.58 billion by 2033, growing at a CAGR of 5.5% from 2026 to 2033. Increasing demand for packaged food, including prepared food and packaged meat & seafood products, coupled with rising penetration of the organized and e-retail networks worldwide, is expected to drive the market growth during the forecast period.

In the thermoforming process, the thermoplastic sheet is heated up to its softening temperature, and then it is converted into the desired shape with the help of molds. Most commonly, heat, vacuum, and pressure are employed on these sheets to produce the final products. The process is primarily bifurcated into two types: thin-gauge and thick-gauge thermoforming. Thin-gauge thermoformed products, including trays, blisters, and clamshells, are widely used for the packaging of various food, pharmaceuticals, electronics, and home care products.

The U.S. pharmaceutical industry has been witnessing a shift towards blister packaging from traditional bottles for the packaging of oral solid doses. This shift is primarily attributed to the heightened protection offered by blisters against moisture and oxygen for individual solid doses. Moreover, the low cost and ease of transportation of blisters are also attracting pharmaceutical manufacturers to use the product.

Thermoformed products, such as trays, containers, cups, plates, and others, are extensively utilized by the foodservice industry for table offerings as well as for parcel packaging. The rising penetration of e-food delivery platforms, coupled with changing lifestyles across the world, has been significantly contributing to the expansion of the foodservice industry, which, in turn, is anticipated to fuel the product demand.

Thermoform packaging products are cost-effective, lightweight, and offer high aesthetic appeal; thus, they are widely utilized by packaged food manufacturers. In addition, the increasing popularity of Modified Atmosphere Packaging (MAP) for food products, wherein a controlled gaseous mixture is employed within thermoform containers to extend the shelf life of the food products, is expected to boost the market growth in the coming years.

The rising demand for single-serve packaging, driven by increasing on-the-go food consumption, is expected to be a pivotal factor in market growth. However, increasing traction around sustainable packaging is prompting manufacturers to opt for flexible packaging that requires fewer raw materials and can be transported and handled efficiently. This factor is expected to hinder the growth of the market over the forecast period.

Global Thermoform Packaging Market Report Segmentation

This report forecasts revenue growth at the global, regional, and country levels and provides an analysis on the latest industry trends and opportunities in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global thermoform packaging market report on the basis of material, product, end use, and region:

• Material Outlook (Revenue, USD Million, 2021 - 2033)
• PET
• PVC
• PS
• PP
• PE
• Others
• Product Outlook (Revenue, USD Million, 2021 - 2033)
• Blister Packaging
• Clamshell Packaging
• Skin Packaging
• Trays & Lids
• Containers
• Others
• End Use Outlook (Revenue, USD Million, 2021 - 2033)
• Food & Beverage
• Personal Care & Cosmetics
• Pharmaceuticals
• Electronics
• Homecare
• Others
• Regional Outlook (Revenue, USD Million, 2021 - 2033)
• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• France
• UK
• Italy
• Spain
• Asia Pacific
• China
• India
• Japan
• Australia
• Latin America
• Brazil
• Middle East & Africa
• Saudi Arabia

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