Stock Clamshell Packaging Market — E-commerce is Fueling the Demand
With the increasing focus on protecting the environment, manufacturers are investing in the research and development to come up with the material solution that is eco-friendly and safe to be used for packaging various products. Clamshell packaging is also becoming cost-competitive, owing to the recycling efforts that helps in bringing the cost down. Stock clamshell packaging manufacturers are also moving towards sustainable packaging by using 100% Post-Consumer Recycled (PCR) materials. As stock clamshell packaging is increasingly being used in food packaging, regulatory bodies across various countries are introducing standards to ensure safety of materials used in packaging.
According to the report by Transparency Market Research (TMR), the global market for stock clamshell packaging is likely to experience strong growth. The market is projected to increase to 6.3% CAGR between the forecast period from 2017 and 2026. The global market for stock clamshell packaging is also projected to reach US$ 7,316.5 million revenue by 2026 end.
Polyethylene (PE) is likely to be one of the highly preferred materials in the stock clamshell packaging. By the end of 2026, polyethylene (PE) is projected to bring in close to US$ 3,400 million revenue. Polyethylene (PE) material is being used widely across various industries as it gives product an eye-catching display. It also protects product from damage and temperature changes during storage and transportation.
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Quad-fold is likely to emerge as one of the top-selling products in the global market for stock clamshell packaging between 2017 and 2026. Quad-fold clamshell packaging is projected to surpass US$ 3,500 million revenue towards the end of 2026.
Quad-fold clamshell packaging serves as a standalone package, offering better protection to the product. Although quad-fold clamshell packaging uses more material, it is considered to be the most flexible choice. Meanwhile, tri-fold clamshell packaging offers steady platform for heavy and unstable product. Tri-fold clamshell is expensive than other types of clamshell and also have higher tooling costs.
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