Product Code: GVR-4-68040-429-2
North America PET Laminated Sheet For Thermoforming Market Growth & Trends:
The North America PET laminated sheet for thermoforming market is anticipated to reach USD 237.13 million by 2030, growing at a CAGR of 5.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. The rising demand for blister packaging in North America's pharmaceutical sector is significantly fueling the market growth.
Moreover, the increase in the production and sales of pharmaceutical products in the U.S., Canada, and Mexico is propelling the demand for blister packaging. This optimistic outlook is positively impacting the growth of the PET laminated sheet for thermoforming the regional market.
The presence of major vaccine manufacturers, such as Pfizer, Inc.; Merck & Co., Inc.; Aldevron; and GBI in North America is expected to drive the demand for clamshell blister packing to safeguard vials and ampoules filled with vaccines during transportation as well as offer protection from external factors, such as temperature and air, which may affect the efficacy of medicines. Hence, this landscape is benefitting the overall PET laminated sheet market in the region.
North America PET Laminated Sheet For Thermoforming Market Report Highlights:
- Based on type, the clear segment held the largest market share of 67.82% in 2023.
- The food packaging application segment dominated the market with the largest revenue share of over 35.46% in 2023.
- The U.S. dominated the market in 2023, attributed to the presence of robust end use industries and growing consumer demand in the country.
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Market Segmentation & Scope
- 1.2 Research Methodology
- 1.3 Research Assumptions
- 1.4 Information Procurement
- 1.4.1 Purchased Database
- 1.4.2 GVR's Internal Database
- 1.4.3 Secondary Sources
- 1.4.4 Third Party Perspective
- 1.4.5 Primary Research
- 1.5 Information Analysis
- 1.5.1 Data Analysis Models
- 1.6 Market Formulation and Data Visualization
- 1.7 List of Sources
Chapter 2 Executive Summary
- 2.1 Market Insights
- 2.2 Market Snapshot
- 2.3 Segmental Insights
- 2.4 Competitive Outlook
Chapter 3 North America PET Laminated Sheet for Thermoforming - Market Overview
- 3.1 Market Lineage Outlook
- 3.1.1 Global PET Sheets Market Outlook
- 3.2 Penetration & growth prospect mapping
- 3.3 Industry Value Chain Analysis
- 3.3.1 Raw Material Trends
- 3.3.2 Raw Material Price Analysis
- 3.4 Competitive Material Analysis
- 3.5 Impact of Circular Economy and Sustainability Initiatives
- 3.5.1 Lamination Market Impact
- 3.6 Average Price Trend Analysis, 2018 to 2023 (USD/kg)
- 3.6.1 Key Factors Influencing Pricing of PET Laminated Sheets
- 3.6.1.1 Raw Material Costs
- 3.6.1.2 Production Cost
- 3.6.1.3 Market Demand
- 3.7 Regulatory Framework
- 3.8 Market Dynamics
- 3.8.1 Market Driver Analysis
- 3.8.1.1 Expanding Adoption of Thermoform Packaging within North America's Food Industry
- 3.8.1.2 Rising Demand for Blister Packaging in North America's Pharmaceutical Sector
- 3.8.2 Market Restraint Analysis
- 3.8.2.1 Volatility in Raw Material Supply & Prices
- 3.8.2.2 Industry Challenge Analysis
- 3.9 Market Business Environment Analysis
- 3.9.1 Industry Analysis: Porter's Five Forces Model
- 3.9.2 Macroeconomic Environment Analysis - PESTEL Analysis
Chapter 4 North America PET Laminated Sheet for Thermoforming Market: Type Estimates & Trend Analysis
- 4.1 Type Movement Analysis & Market Share, 2023 & 2030
- 4.2 North America PET Laminated Sheet for Thermoforming Market Estimates & Forecast, By Type (Kilotons) (USD Million)
- 4.3 Clear
- 4.3.1 North America Clear PET Laminated Sheet for Thermoforming Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.4 Colored
- 4.4.1 North America Colored PET Laminated Sheet for Thermoforming Market Estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Chapter 5 North America PET Laminated Sheet for Thermoforming Market: Application Estimates & Trend Analysis
- 5.1 Application Movement Analysis & Market Share, 2023 & 2030
- 5.2 North America PET Laminated Sheet for Thermoforming Market Estimates & Forecast, By Application (Kilotons) (USD Million)
- 5.3 Food Packaging
- 5.3.1 North America PET Laminated Sheet for Thermoforming Market Estimates & Forecasts, in Food, 2018 - 2030 (Kilotons) (USD Million)
- 5.4 Medical
- 5.4.1 North America PET Laminated Sheet for Thermoforming Market Estimates & Forecasts, in Medical, 2018 - 2030 (Kilotons) (USD Million)
- 5.5 Electrical & Electronics
- 5.5.1 North America PET Laminated Sheet for Thermoforming Market Estimates & Forecasts, in Electrical & Electronics, 2018 - 2030 (Kilotons) (USD Million)
- 5.6 Industrial/Manufacturing
- 5.6.1 North America PET Laminated Sheet for Thermoforming Market Estimates & Forecasts, in Industrial/Manufacturing, 2018 - 2030 (Kilotons) (USD Million)
- 5.7 Other Applications
- 5.7.1 North America PET Laminated Sheet for Thermoforming Market Estimates & Forecasts, in Other Applications, 2018 - 2030 (Kilotons) (USD Million)
Chapter 6 North America PET Laminated Sheet for Thermoforming Market - Country Estimates & Trend Analysis
- 6.1 North America PET Laminated Sheet for Thermoforming Market: Country Outlook
- 6.2 U.S.
- 6.2.1 U.S. PET Laminated Sheet for Thermoforming Market estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.3 Canada
- 6.3.1 Canada PET Laminated Sheet for Thermoforming Market estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 6.4 Mexico
- 6.4.1 Mexico PET Laminated Sheet for Thermoforming Market estimates & Forecasts, 2018 - 2030 (Kilotons) (USD Million)
Chapter 7 North America PET Laminated Sheet for Thermoforming Market - Competitive Landscape
- 7.1 Key Players, Recent Developments & Their Impact on the Industry
- 7.2 Vendor Landscape
- 7.2.1 Key Company Categorization
- 7.2.2 List of Key Distributors and Channel Partners
- 7.2.3 List of Potential Customers, By Application
- 7.3 Competitive Dynamics
- 7.3.1 Competitive Benchmarking
- 7.4 Strategy Mapping
- 7.4.1 Expansion
- 7.4.1.1 Collaboration/Partnership/Agreement
- 7.4.1.2 New launches
- 7.4.1.3 Merger & Acquisition
- 7.4.2 Company Heat Map Analysis
- 7.5 Key Exporters to North America
Chapter 8 North America PET Laminated Sheet for Thermoforming Market - Company Profiles
- 8.1 Participant's Overview
- 8.2 Financial Performance
- 8.3 Product Benchmarking
- 8.3.1 Sealed Air
- 8.3.2 GOEX
- 8.3.3 Amcor plc
- 8.3.4 Tekni-Plex, Inc.
- 8.3.5 Impact Consumer Products Group
- 8.3.6 Cosmo Films
- 8.3.7 Mylar Specialty Films Limited
- 8.3.8 TORAY INDUSTRIES, INC.
- 8.3.9 FILMQUEST GROUP INC.