North America PET Laminated Sheet For Thermoforming Market To Reach $237.13 Million By 2030

North America PET Laminated Sheet For Thermoforming Market Growth & Trends

The North America PET laminated sheet for thermoforming market is anticipated to reach USD 237.13 million by 2030, growing at a CAGR of 5.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. The rising demand for blister packaging in North America's pharmaceutical sector is significantly fueling the market growth.

Moreover, the increase in the production and sales of pharmaceutical products in the U.S., Canada, and Mexico is propelling the demand for blister packaging. This optimistic outlook is positively impacting the growth of the PET laminated sheet for thermoforming the regional market.

The presence of major vaccine manufacturers, such as Pfizer, Inc.; Merck & Co., Inc.; Aldevron; and GBI in North America is expected to drive the demand for clamshell blister packing to safeguard vials and ampoules filled with vaccines during transportation as well as offer protection from external factors, such as temperature and air, which may affect the efficacy of medicines. Hence, this landscape is benefitting the overall PET laminated sheet market in the region.

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North America PET Laminated Sheet For Thermoforming Market Report Highlights

• Based on type, the clear segment held the largest market share of 67.82% in 2023.

• The food packaging application segment dominated the market with the largest revenue share of over 35.46% in 2023.

• The U.S. dominated the market in 2023, attributed to the presence of robust end use industries and growing consumer demand in the country.

North America PET Laminated Sheet For Thermoforming Market Segmentation

Grand View Research has segmented the North America PET laminated sheet for thermoforming market based on type, application, and region:

North America PET Laminated Sheet For Thermoforming Type Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Clear

• Colored

North America PET Laminated Sheet For Thermoforming Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• Food Packaging

  • Clamshells

  • Blister Packs

  • Fresh Food & Frozen Food Packaging

  • Others

• Medical

• Electrical & Electronics

• Industrial/Manufacturing

• Others

North America PET Laminated Sheet For Thermoforming Country Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

List of Key Players in the North America PET Laminated Sheet For Thermoforming Market

• Sealed Air

• GOEX

• Amcor plc

• Tekni-Plex, Inc.

• Impact Consumer Products Group

• Cosmo Films

• Mylar Specialty Films Limited

• TORAY INDUSTRIES, INC.

• FILMQUEST GROUP INC.