Rigid thermoform plastic packaging refers to a packaging method in which a rigid plastic sheet is heated to become pliable and then molded into a specific shape using techniques such as vacuum forming, pressure forming, or other thermoforming processes. This method is popular due to its cost-effectiveness, versatility, and ability to enhance both product visibility and protection.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The main products in rigid thermoform plastic packaging include blister packs, clamshells, trays and lids, cups and containers, plates, and other items. Blister packs are pre-formed plastic packaging solutions that create a cavity or pocket, typically sealed with paperboard, foil, or plastic film. These packages are made from various materials, including polyethylene terephthalate (PET), polypropylene (PP), polystyrene (PS), polyvinyl chloride (PVC), polyethylene (PE), acrylonitrile butadiene styrene (ABS), and others. They are widely used across various industries, including food and beverages, pharmaceuticals, personal care and cosmetics, electronics, automotive, consumer goods, industrial goods, and more.
The rigid thermoform plastic packaging market research report is one of a series of new reports from The Business Research Company that provides rigid thermoform plastic packaging market statistics, including rigid thermoform plastic packaging industry global market size, regional shares, competitors with a rigid thermoform plastic packaging market share, detailed rigid thermoform plastic packaging market segments, market trends and opportunities, and any further data you may need to thrive in the rigid thermoform plastic packaging industry. This rigid thermoform plastic packaging market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The rigid thermoform plastic packaging market size has grown strongly in recent years. It will grow from$31.20 billion in 2024 to $32.97 billion in 2025 at a compound annual growth rate (CAGR) of 5.7%. The growth during the historic period can be attributed to the increasing demand for convenience packaging, the growth of the food and beverage industry, the rise of e-commerce and online shopping, sustainability initiatives and recycling trends, and innovations in plastic materials and manufacturing technologies.
The rigid thermoform plastic packaging market size is expected to see strong growth in the next few years. It will grow to$40.74 billion in 2029 at a compound annual growth rate (CAGR) of 5.4%. The growth in the forecast period can be attributed to the increasing consumer preference for sustainable packaging, the expansion of the healthcare and pharmaceuticals sector, advancements in biodegradable and compostable plastic alternatives, growing demand for premium packaging in retail, and stricter regulations on plastic waste and recycling. Major trends expected during this period include automation in production processes, the use of smart packaging technologies, integration of nanotechnology for enhanced material properties, development of 3D printing for customized packaging, and the adoption of digital printing for greater design flexibility.
The rising demand for packaged foods is expected to accelerate the growth of the rigid thermoform plastic packaging market. Packaged foods refer to pre-processed, portioned food products sealed in containers or wrappers to preserve freshness and extend shelf life. The increasing popularity of packaged foods is largely driven by convenience, as they save time and effort in meal preparation, catering to busy lifestyles and on-the-go consumption. Rigid thermoform plastic packaging plays a key role in this trend by providing robust protection, preserving freshness for extended shelf life, and offering enhanced product visibility due to its clear structure. For example, in December 2023, the International Institute of Refrigeration (IIFR), a France-based intergovernmental organization, reported that U.S. frozen food sales reached $72.2 billion in 2022, marking an 8.6% growth compared to 2021. This surge in packaged food demand is fueling the expansion of the rigid thermoform plastic packaging market.
Companies in the rigid thermoform plastic packaging market are investing in innovative technologies, such as recyclable monoFlex thermoform packaging, to minimize environmental impact and promote sustainability. Recyclable monoFlex thermoform packaging is a sustainable packaging solution made from a single polymer material, designed for easy recycling and to reduce environmental impact. For example, in November 2023, Coveris Flexibles UK, a UK-based flexible packaging company, introduced MonoFlex Thermoform, a new range of recyclable thermoforming film packaging designed to replace traditional non-recyclable materials in the food industry. Made from monomaterials such as polyethylene (PE) or polypropylene (PP) and free from nylon (PA), these films offer high barrier protection with EVOH, strong puncture resistance, and extend the shelf life of products such as meat, fish, poultry, dairy, and bakery items.
In January 2023, Lacerta Group, a U.S.-based thermoformed packaging company, acquired Portage Plastics Corporation for an undisclosed amount. This acquisition enables Lacerta Group to expand its production footprint into the Midwest, leveraging Portage Plastics' manufacturing facilities and workforce to better serve its growing customer base in the region and the Central United States. Portage Plastics Corporation specializes in custom vacuum-formed plastics, including rigid thermoform plastic packaging.
Major players in the rigid thermoform plastic packaging market are WestRock Company, Amcor Plc, DS Smith Plc, Sonoco Products Company, Huhtamaki Oyj, Dart Container Corporation, Constantia Flexibles Group GmbH, Inteplast Group Corporation, Greiner Packaging International GmbH, D&W Fine Pack LLC, Anchor Packaging LLC, Corplex UK Limited, Inline Plastics Corporation, Placon Corporation, Plastic Ingenuity Inc., Linpac Packaging Limited, Lacerta Group Inc., Display Pack Inc., EasyPak LLC, Dordan Manufacturing Company, and CJK Packaging Limited.
North America was the largest region in the rigid thermoform plastic packaging market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in rigid thermoform plastic packaging report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the rigid thermoform plastic packaging market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The rigid thermoform plastic packaging market consists of sales of indulgent tubs, retail product packs, food portion packs, point-of-purchase displays, and food packaging containers. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Rigid Thermoform Plastic Packaging Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on rigid thermoform plastic packaging market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Where is the largest and fastest growing market for rigid thermoform plastic packaging ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The rigid thermoform plastic packaging market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:1) By Product: Blister Packs; Clamshells; Trays And Lids; Cups And Containers; Plates; Other Products
3) By Application: Food And Beverages; Pharmaceuticals; Personal Care And Cosmetics; Electronics; Automotive; Consumer Goods; Industrial Goods; Other Applications
3. Rigid Thermoform Plastic Packaging Market Trends And Strategies
4. Rigid Thermoform Plastic Packaging Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market
5. Global Rigid Thermoform Plastic Packaging Growth Analysis And Strategic Analysis Framework
5.1. Global Rigid Thermoform Plastic Packaging PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis Of End Use Industries
5.3. Global Rigid Thermoform Plastic Packaging Market Growth Rate Analysis
5.4. Global Rigid Thermoform Plastic Packaging Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
5.5. Global Rigid Thermoform Plastic Packaging Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
5.6. Global Rigid Thermoform Plastic Packaging Total Addressable Market (TAM)
6.1. Global Rigid Thermoform Plastic Packaging Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Blister Packs
Clamshells
Trays And Lids
Cups And Containers
Plates
Other Products
6.2. Global Rigid Thermoform Plastic Packaging Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Polyethylene Terephthalate (PET)
Polypropylene (PP)
Polystyrene (PS)
Polyvinyl Chloride (PVC)
Polyethylene (PE)
Acrylonitrile Butadiene Styrene (ABS)
Other Materials
6.3. Global Rigid Thermoform Plastic Packaging Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Food And Beverages
Pharmaceuticals
Personal Care And Cosmetics
Electronics
Automotive
Consumer Goods
Industrial Goods
Other Applications
6.4. Global Rigid Thermoform Plastic Packaging Market, Sub-Segmentation Of Blister Packs, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Pharmaceutical Blister Packs
Consumer Goods Blister Packs
Food Blister Packs
Industrial Blister Packs
6.5. Global Rigid Thermoform Plastic Packaging Market, Sub-Segmentation Of Clamshells, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Hinged Clamshells
Tri-Fold Clamshells
Snap Clamshells
Custom-Molded Clamshells
6.6. Global Rigid Thermoform Plastic Packaging Market, Sub-Segmentation Of Trays And Lids, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Food Service Trays
Medical Packaging Trays
Industrial Component Trays
Lidding Films And Snap-On Lids
6.7. Global Rigid Thermoform Plastic Packaging Market, Sub-Segmentation Of Cups And Containers, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Dairy Cups
Beverage Cups
Microwaveable Containers
Single-Serve Food Containers
6.8. Global Rigid Thermoform Plastic Packaging Market, Sub-Segmentation Of Plates, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Disposable Food Plates
Compartment Plates
Biodegradable Plastic Plates
6.9. Global Rigid Thermoform Plastic Packaging Market, Sub-Segmentation Of Other Products, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Bowls
Inserts And Dividers
Blisters For Electronics
Cosmetic Packaging Shells
7. Rigid Thermoform Plastic Packaging Market Regional And Country Analysis
7.1. Global Rigid Thermoform Plastic Packaging Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Rigid Thermoform Plastic Packaging Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Rigid Thermoform Plastic Packaging Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.3. Asia-Pacific Rigid Thermoform Plastic Packaging Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.4. Asia-Pacific Rigid Thermoform Plastic Packaging Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
9. China Rigid Thermoform Plastic Packaging Market
9.1. China Rigid Thermoform Plastic Packaging Market Overview
9.2. China Rigid Thermoform Plastic Packaging Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.3. China Rigid Thermoform Plastic Packaging Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.4. China Rigid Thermoform Plastic Packaging Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
10. India Rigid Thermoform Plastic Packaging Market
10.1. India Rigid Thermoform Plastic Packaging Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.2. India Rigid Thermoform Plastic Packaging Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.3. India Rigid Thermoform Plastic Packaging Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11. Japan Rigid Thermoform Plastic Packaging Market
11.1. Japan Rigid Thermoform Plastic Packaging Market Overview
11.2. Japan Rigid Thermoform Plastic Packaging Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.3. Japan Rigid Thermoform Plastic Packaging Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.4. Japan Rigid Thermoform Plastic Packaging Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12. Australia Rigid Thermoform Plastic Packaging Market
12.1. Australia Rigid Thermoform Plastic Packaging Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.2. Australia Rigid Thermoform Plastic Packaging Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.3. Australia Rigid Thermoform Plastic Packaging Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13. Indonesia Rigid Thermoform Plastic Packaging Market
13.1. Indonesia Rigid Thermoform Plastic Packaging Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.2. Indonesia Rigid Thermoform Plastic Packaging Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.3. Indonesia Rigid Thermoform Plastic Packaging Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14. South Korea Rigid Thermoform Plastic Packaging Market
14.1. South Korea Rigid Thermoform Plastic Packaging Market Overview
14.2. South Korea Rigid Thermoform Plastic Packaging Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.3. South Korea Rigid Thermoform Plastic Packaging Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.4. South Korea Rigid Thermoform Plastic Packaging Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15. Western Europe Rigid Thermoform Plastic Packaging Market
15.1. Western Europe Rigid Thermoform Plastic Packaging Market Overview
15.2. Western Europe Rigid Thermoform Plastic Packaging Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.3. Western Europe Rigid Thermoform Plastic Packaging Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.4. Western Europe Rigid Thermoform Plastic Packaging Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16. UK Rigid Thermoform Plastic Packaging Market
16.1. UK Rigid Thermoform Plastic Packaging Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.2. UK Rigid Thermoform Plastic Packaging Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.3. UK Rigid Thermoform Plastic Packaging Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.1. Spain Rigid Thermoform Plastic Packaging Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.2. Spain Rigid Thermoform Plastic Packaging Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.3. Spain Rigid Thermoform Plastic Packaging Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21. Eastern Europe Rigid Thermoform Plastic Packaging Market
21.1. Eastern Europe Rigid Thermoform Plastic Packaging Market Overview
21.2. Eastern Europe Rigid Thermoform Plastic Packaging Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.3. Eastern Europe Rigid Thermoform Plastic Packaging Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.4. Eastern Europe Rigid Thermoform Plastic Packaging Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22. Russia Rigid Thermoform Plastic Packaging Market
22.1. Russia Rigid Thermoform Plastic Packaging Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.2. Russia Rigid Thermoform Plastic Packaging Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.3. Russia Rigid Thermoform Plastic Packaging Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23. North America Rigid Thermoform Plastic Packaging Market
23.1. North America Rigid Thermoform Plastic Packaging Market Overview
23.2. North America Rigid Thermoform Plastic Packaging Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.3. North America Rigid Thermoform Plastic Packaging Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.4. North America Rigid Thermoform Plastic Packaging Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24. USA Rigid Thermoform Plastic Packaging Market
24.1. USA Rigid Thermoform Plastic Packaging Market Overview
24.2. USA Rigid Thermoform Plastic Packaging Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.3. USA Rigid Thermoform Plastic Packaging Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.4. USA Rigid Thermoform Plastic Packaging Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.2. Canada Rigid Thermoform Plastic Packaging Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.3. Canada Rigid Thermoform Plastic Packaging Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.4. Canada Rigid Thermoform Plastic Packaging Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26. South America Rigid Thermoform Plastic Packaging Market
26.1. South America Rigid Thermoform Plastic Packaging Market Overview
26.2. South America Rigid Thermoform Plastic Packaging Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.3. South America Rigid Thermoform Plastic Packaging Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.4. South America Rigid Thermoform Plastic Packaging Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27. Brazil Rigid Thermoform Plastic Packaging Market
27.1. Brazil Rigid Thermoform Plastic Packaging Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.2. Brazil Rigid Thermoform Plastic Packaging Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.3. Brazil Rigid Thermoform Plastic Packaging Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28. Middle East Rigid Thermoform Plastic Packaging Market
28.1. Middle East Rigid Thermoform Plastic Packaging Market Overview
28.2. Middle East Rigid Thermoform Plastic Packaging Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.3. Middle East Rigid Thermoform Plastic Packaging Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.4. Middle East Rigid Thermoform Plastic Packaging Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29. Africa Rigid Thermoform Plastic Packaging Market
29.1. Africa Rigid Thermoform Plastic Packaging Market Overview
29.2. Africa Rigid Thermoform Plastic Packaging Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.3. Africa Rigid Thermoform Plastic Packaging Market, Segmentation By Material, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.4. Africa Rigid Thermoform Plastic Packaging Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
30. Rigid Thermoform Plastic Packaging Market Competitive Landscape And Company Profiles