by Clamshell packaging refers to plastic containers consisting of two plastic shells hinged together to protect and secure products. Clamshell packaging is commonly used for food items, electronics, toys, personal care products, and more as it provides durable protection and allows visual identification of products. Clamshell packaging enhances product visibility and durability during storage and transportation. It also helps reduce damage and product shrinkage.
The global clamshell packaging market is estimated to be valued at US$ 11.10 Bn in 2023 and is expected to exhibit a CAGR of 3.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
Growing consumer demand for sustainable packaging has compelled packaging manufacturers to increasingly adopt bioplastic resins for production of clamshell packaging. Bioplastics are derived from renewable plant-based sources such as sugarcane, corn starch, potato, etc. and help reduce dependence on fossil fuels. Bioplastic clamshell packaging provides the same functionality as petroleum-based plastics while ensuring minimal environmental footprint. They are also recyclable and compostable. The shift towards sustainable solutions is expected to drive significant growth of the clamshell packaging market during the forecast period.
SWOT Analysis
Strength: Clamshell packaging provides strong tamper-evident and leak-proof protection for fragile products such as electronics. It is also an affordable packaging solution.
Weakness: Clamshell packaging uses more plastic than flexible pouches and folding cartons. It is less environmentally sustainable due to non-recyclability of most thermoformed plastics. Manufacturing clamshell packs requires expensive moulding equipment.
Opportunity: Growing demand for tamper-proof and durable packaging from industries such as food and beverages, consumer electronics and consumer goods is driving market growth. Innovative recyclable packaging formats provide opportunity.
Threats: Stringent government regulations on single-use plastics and possibility of bans and levies pose challenges. Alternative packaging formats such as flexible pouches threaten market share.
Key Takeaways
The global clamshell packaging market is expected to witness high growth over the forecast period of 2023 to 2030. The global clamshell packaging market is estimated to be valued at US$ 11.10 Bn in 2023 and is expected to exhibit a CAGR of 3.7% over the forecast period 2023 to 2030.
The Asia Pacific region dominates the market and is expected to grow at the fastest pace during the forecast period. This can be attributed to growing manufacturing industries in countries such as China, India, Japan and South Korea, which drives packaging demand.
Key players
Key players operating in the clamshell packaging market are Berry Global, Dow Chemical Company, Amcor, Sonoco Products Company, Constantia Flexibles, Blisterpak, Uflex, Placon, Dordan Manufacturing, Pactiv, Fabri-Kal, Lacerta Group, Nelipak Healthcare Packaging, sG Packaging, Display Pack, Aikpak Plastic Forming, Universal Plastics Corporation, VisiPak, Walter Drake.
*Note:
1.Source: Coherent Market Insights, Public sources, Desk research
2.We have leveraged AI tools to mine information and compile it
