The Global Thermoform Trays Market achieved US $392.5 million in 2022 and is projected to reach US $703.7 million by 2030, registering a 6.2 % CAGR over the forecast period 2023–2030. This robust growth is driven by rising demand for lightweight, protective, and customizable tray packaging — increasingly preferred in food, electronics, healthcare, and medical device sectors....
The Global Thermoforming Packaging Market reached USD 47.6 billion in 2022 and is forecast to grow to USD 70.5 billion by 2031, expanding at a Compound Annual Growth Rate (CAGR) of 5.2% during 2024–2031. This growth is fueled by rising demand for transparent, durable, lightweight, and eco-friendly packaging solutions across key end-user industries, including food & beverage,...
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