Packaging provides safety and security to the product during the supply chain process such as storage and transportation, by which the quality of the product can be maintained. Clamshell packaging is widely used in different industries such as food & beverage, fruits & vegetables, and electronics. Thermoformed plastic is generally used to produce the clamshell packaging boxes. These clamshell packaging boxes are transparent and are made by joining two halves of thermoplastics and then they are heat sealed. Different types of plastics such as PVC, polystyrene, and polyester can also be used to make clamshell packaging boxes.
COVID-19 scenario analysis:
- The demand for clamshell packaging is expected to decrease in 2020 due to low demand from different industries such as electronics and food industry due to the lockdown imposed by government of many countries.
- COVID-19 crisis is likely to affect the clamshell packaging industry negatively, as a result of halted manufacturing and massive reduction in demand for luxury and non-essential services globally.
- COVID-19 crisis had a mixed impact on the packaging industry, mainly due to closure of physical retail stores globally. However, the availability of online retailing has absorbed the high impact of this shutdown.
- The requirement of eCommerce specific packaging is likely to remain strong, although the ecommerce companies would have to focus on protection of goods and sanitization of packages.
- In addition, the food packaging industry is on the frontline within the global packaging market, owing to the demand for essential products such as groceries and fresh food mainly from local e-retail sites.
- Industrial, transportation, and bulk packaging has faced a sharp decline, owing to decreased demand for non-essential goods during the first two quarters of 2020.
- Owing to the lowered disposable income of maximum population and weak demand for packaging from industrial goods, the packaging industry might face significant pressure of reduction in both wholesale as well as retail costs.
- Consumers are likely to stay hesitant for consumption of luxury products, travel, and hospitality services, which is expected to hinder the packaging industry growth in the future after the COVID-19 crisis.
Top impacting factors:
Clamshell packaging can be seen as the reliable packaging option in the packaging industry in terms of the security, which increases its demand among the manufacturers.However, plastic packaging is considered to be harmful for the environment because plastic does not get decomposed easily.Alternatives like thermoformed clamshell packaging is used because it can be recycled and reused type of material.
Clamshell packaging boxes can also be made by using paperboard. These boxes made by using paperboard are commonly used in fast food restaurants to serve food. The companies such as McDonald’s, Burger King and Pizza Hut make use of these boxes to serve the food.
Key driving factors for the growth of clamshell packaging market:
There is an increase in the demand for packaged food hence many food companies and restaurants are using clamshell packaging boxes for packaging. This is expected to drive the growth of the clamshell packaging market.
Key restraining factors for the growth of clamshell packaging market:
Plastic clamshell packets are considered harmful to the environment as these do not decompose quickly. In addition, usage of plastic is banned in several countries and many others have strict restrictions of usage of plastic products. This is expected to hamper the growth of the clamshell packaging market.
Key benefits of the report:
- This study presents the analytical depiction of the clamshell packaging market along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the clamshell packaging market share.
- The current market is quantitatively analyzed to highlight the clamshell packaging market growth scenario.
- The report provides a detailed clamshell packaging market analysis based on competitive intensity and how the competition will take shape in the coming years.
Clamshell packaging Market Report Highlights
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