As alternatives to conventional petroleum-based polymers, manufacturers are more likely to use biodegradable, bio derived, and recyclable polymers. Therefore, increasing government laws regarding the disposal of plastic products and growing public concern about these issues are some factors that are anticipated to have a negative impact on the revenue growth of the Thermoform Packaging Market throughout the forecast period. Although Polyethylene Terephthalate (PET) is recyclable, the use of a strong adhesive on PET packaging's surface renders it unrecyclable. Additionally, the rising adoption of multiple resins in the manufacture of plastics drives up the cost of recycling thermoformed packaging, which is anticipated to slow the market's growth.
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