Thermoformers Continue on a Growth Trajectory

A Freedonia Group analysis projects global demand for packaging machinery to expand 5.8% per year through 2026 to $71.1 billion. Although from a relatively small base, thermoforming machinery is expected to outperform most other product types. According to the release published in late April, growth through 2026 for thermoforming equipment will be boosted by rapidly rising demand for blister, skin, and clamshell packaging due to their ability to extent the shelf-life and preserve the appearance of such products as meats, poultry, and seafood. The range of packaging applications include vacuum, blister, skin, modified/controlled atmosphere packaging, and other film-based shaped packages.