Date of publication: January 2020
Overview:
Thin Wall Packaging (TWP) is a market with a clear definition in Europe, but not globally, and AMI Consulting has been instrumental in aiding the process of industry segmentation, quantification and strategy development.
Each global region shows different level of market maturity, influenced by socio-economic factors. Local culture-driven applications and market idiosyncrasies have shaped preferred thin wall packaging formats in different regions, but there is a high level of standardisation as far as process technology and materials are concerned.
Fuelled by consumer demand for convenient and attractive packaging solutions, Thin Wall Packaging is increasing its penetration within food applications in particular. Facilitated by the expansion of centralised retail distribution, on-the-go convenience formats, and technological advancement in plastics engineering, food processing and packing.
Thin Wall Packaging globally remains very fragmented, but the consolidation initiatives have heightened, and global giants like Berry Global (now incorporating RPC Group), Paccor or Klockner Pentaplast, have changed industry dynamics. Only by probing into the activity of both large and smaller producers can the size and structure of demand be properly demonstrated, and the variations by end-use application highlighted. This depth of analysis serves to highlight opportunities and threats by end-use application and provides insight into winning supplier strategies.