This report describes and explains the thermoforming plastic market and covers 2017-2022, termed the historic period, and 2022-2027 termed the forecast period, along with further forecasts for the period 2027-2032. The report evaluates the market across each region and for the major economies within each region.
The global thermoforming plastic market reached a value of nearly $45,903.9 million in 2022, having grown at a compound annual growth rate (CAGR) of 7.8% since 2017. The market is expected to grow from $45,903.9 million in 2022 to $63,820.7 million in 2027 at a rate of 6.8%. The market is then expected to grow at a CAGR of 9.4% from 2027 and reach $99,924.6 million in 2032.
Growth in the historic period resulted from the increase in demand for consumer durables, a rise in concerns about hygiene and product safety, a rise in the use of thermoformed plastics in the medical sector and the COVID-19 pandemic. Factors that negatively affected growth in the historic period were the rise in prices of raw materials and rising geo-political tensions.
Going forward, the growing demand for packaged food, rising online retail sales, rising urbanization and rising disposable income will drive the growth. Factors that could hinder the growth of the thermoforming plastic market in the future include growing stringent government regulations and a rise in plastic waste generation.
The thermoforming plastic market is segmented by thermoforming type into vacuum forming, pressure forming and mechanical forming. The vacuum forming market was the largest segment of the thermoforming plastic market segmented by thermoforming type, accounting for 64.9% of the total in 2022. Going forward, the vacuum forming segment is expected to be the fastest growing segment in the thermoforming plastic market segmented by thermoforming type, at a CAGR of 6.9% during 2022-2027.
The thermoforming plastic market is segmented by plastic type into polyethylene, polypropylene, polystyrene, polyvinyl chloride, acrylonitrile butadiene styrene, bio-degradable polymers and other plastic types. The polypropylene market was the largest segment of the thermoforming plastic market segmented by plastic type, accounting for 20.9% of the total in 2022. Going forward, the polypropylene segment is expected to be the fastest growing segment in the thermoforming plastic market segmented by plastic type, at a CAGR of 7.3% during 2022-2027.
The thermoforming plastic market is segmented by application into healthcare and medical, food packaging, electrical and electronics, automotive packaging, construction, consumer goods and appliances and other applications. The food packaging market was the largest segment of the thermoforming plastic market segmented by application, accounting for 37.0% of the total in 2022. Going forward, the food packaging segment is expected to be the fastest growing segment in the thermoforming plastic market segmented by application, at a CAGR of 7.2% during 2022-2027.
North America was the largest region in the thermoforming plastic market, accounting for 43.9% of the total in 2022. It was followed by Asia Pacific, Western Europe and then the other regions. Going forward, the fastest-growing regions in the thermoforming plastic market will be Asia Pacific and South America where growth will be at CAGRs of 7.7% and 6.8% respectively. These will be followed by North America and Western Europe where the markets are expected to grow at CAGRs of 6.7% and 6.5% respectively.
The global thermoforming plastic market is highly fragmented, with a large number of players. The top ten competitors in the market made up to 7.98% of the total market in 2021. Going forward the market is expected to experience some consolidation with the rising number of mergers and collaboration among players in the market. Amcor plc was the largest competitor with a 1.78% share of the market, followed by Pactiv Evergreen Inc with 1.33%, Berry Global Inc. with 1.02%, Sonoco Products Company with 0.87%, Huhtamaki Global with 0.67%, Dart Container Corporation with 0.59%, Sabert Corp with 0.59%, D&W Fine Pack. with 0.48%, Graham Packaging Company with 0.34%, and Genpak LLC with 0.30%.
The top opportunities in the thermoforming plastic market segmented by thermoforming type will arise in the vacuum forming segment, which will gain $11,848.9 million of global annual sales by 2027. The top opportunities in the thermoforming plastic market segmented by plastic type will arise in the polypropylene segment, which will gain $4,033.2 million of global annual sales by 2027. The top opportunities in the thermoforming plastic market segmented by application will arise in the food packaging segment, which will gain $7,039.2 million of global annual sales by 2027. The thermoforming plastic market size will gain the most in the USA at $7,607.4 million.
Market-trend-based strategies for the thermoforming plastic market include focus on sustainable plastic packaging, modified atmosphere packaging (MAP), 3D printing technology, technological advancements, strategic partnerships and focus on increasing investments.
Player-adopted strategies in the thermoforming plastic market include focus on expanding business capabilities through strategic investments, broadening sustainable packaging product offerings through strategic acquisitions, enhancing business capabilities through strategic investments and strengthening business operations in the fast-growing healthcare packaging space through strategic acquisitions.
To take advantage of the opportunities, the publisher recommends the thermoforming plastic company to focus on sustainable plastic packaging, focus on modified atmosphere packaging (MAP), focus on technological advancements, expand in emerging markets, continue to focus on developed markets, focus on strategic partnerships, provide competitively priced offerings, participate in trade shows and events, continue to use B2B promotions and target fast-growing applications.
The global thermoforming plastic market reached a value of nearly $45,903.9 million in 2022, having grown at a compound annual growth rate (CAGR) of 7.8% since 2017. The market is expected to grow from $45,903.9 million in 2022 to $63,820.7 million in 2027 at a rate of 6.8%. The market is then expected to grow at a CAGR of 9.4% from 2027 and reach $99,924.6 million in 2032.
Growth in the historic period resulted from the increase in demand for consumer durables, a rise in concerns about hygiene and product safety, a rise in the use of thermoformed plastics in the medical sector and the COVID-19 pandemic. Factors that negatively affected growth in the historic period were the rise in prices of raw materials and rising geo-political tensions.
Going forward, the growing demand for packaged food, rising online retail sales, rising urbanization and rising disposable income will drive the growth. Factors that could hinder the growth of the thermoforming plastic market in the future include growing stringent government regulations and a rise in plastic waste generation.
The thermoforming plastic market is segmented by thermoforming type into vacuum forming, pressure forming and mechanical forming. The vacuum forming market was the largest segment of the thermoforming plastic market segmented by thermoforming type, accounting for 64.9% of the total in 2022. Going forward, the vacuum forming segment is expected to be the fastest growing segment in the thermoforming plastic market segmented by thermoforming type, at a CAGR of 6.9% during 2022-2027.
The thermoforming plastic market is segmented by plastic type into polyethylene, polypropylene, polystyrene, polyvinyl chloride, acrylonitrile butadiene styrene, bio-degradable polymers and other plastic types. The polypropylene market was the largest segment of the thermoforming plastic market segmented by plastic type, accounting for 20.9% of the total in 2022. Going forward, the polypropylene segment is expected to be the fastest growing segment in the thermoforming plastic market segmented by plastic type, at a CAGR of 7.3% during 2022-2027.
The thermoforming plastic market is segmented by application into healthcare and medical, food packaging, electrical and electronics, automotive packaging, construction, consumer goods and appliances and other applications. The food packaging market was the largest segment of the thermoforming plastic market segmented by application, accounting for 37.0% of the total in 2022. Going forward, the food packaging segment is expected to be the fastest growing segment in the thermoforming plastic market segmented by application, at a CAGR of 7.2% during 2022-2027.
North America was the largest region in the thermoforming plastic market, accounting for 43.9% of the total in 2022. It was followed by Asia Pacific, Western Europe and then the other regions. Going forward, the fastest-growing regions in the thermoforming plastic market will be Asia Pacific and South America where growth will be at CAGRs of 7.7% and 6.8% respectively. These will be followed by North America and Western Europe where the markets are expected to grow at CAGRs of 6.7% and 6.5% respectively.
The global thermoforming plastic market is highly fragmented, with a large number of players. The top ten competitors in the market made up to 7.98% of the total market in 2021. Going forward the market is expected to experience some consolidation with the rising number of mergers and collaboration among players in the market. Amcor plc was the largest competitor with a 1.78% share of the market, followed by Pactiv Evergreen Inc with 1.33%, Berry Global Inc. with 1.02%, Sonoco Products Company with 0.87%, Huhtamaki Global with 0.67%, Dart Container Corporation with 0.59%, Sabert Corp with 0.59%, D&W Fine Pack. with 0.48%, Graham Packaging Company with 0.34%, and Genpak LLC with 0.30%.
The top opportunities in the thermoforming plastic market segmented by thermoforming type will arise in the vacuum forming segment, which will gain $11,848.9 million of global annual sales by 2027. The top opportunities in the thermoforming plastic market segmented by plastic type will arise in the polypropylene segment, which will gain $4,033.2 million of global annual sales by 2027. The top opportunities in the thermoforming plastic market segmented by application will arise in the food packaging segment, which will gain $7,039.2 million of global annual sales by 2027. The thermoforming plastic market size will gain the most in the USA at $7,607.4 million.
Market-trend-based strategies for the thermoforming plastic market include focus on sustainable plastic packaging, modified atmosphere packaging (MAP), 3D printing technology, technological advancements, strategic partnerships and focus on increasing investments.
Player-adopted strategies in the thermoforming plastic market include focus on expanding business capabilities through strategic investments, broadening sustainable packaging product offerings through strategic acquisitions, enhancing business capabilities through strategic investments and strengthening business operations in the fast-growing healthcare packaging space through strategic acquisitions.
To take advantage of the opportunities, the publisher recommends the thermoforming plastic company to focus on sustainable plastic packaging, focus on modified atmosphere packaging (MAP), focus on technological advancements, expand in emerging markets, continue to focus on developed markets, focus on strategic partnerships, provide competitively priced offerings, participate in trade shows and events, continue to use B2B promotions and target fast-growing applications.
Table of Contents
1. Executive Summary2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
6. Introduction and Market Characteristics
6.1. General Market Definition
6.2. Summary
6.3. Thermoforming Plastic Market Definition And Segmentations
6.4. Market Segmentation By Thermoforming Type
6.4.1. Vacuum Forming
6.4.2. Pressure Forming
6.4.3. Mechanical Forming
6.5. Market Segmentation By Plastic Type
6.5.1. Polyethylene
6.5.2. Polypropylene
6.5.3. Polystyrene
6.5.4. Polyvinyl Chloride
6.5.5. Acrylonitrile Butadiene Styrene
6.5.6. Bio-Degradable Polymers
6.5.7. Other Plastic Types
6.6. Market Segmentation By Application
6.6.1. Healthcare And Medical
6.6.2. Food Packaging
6.6.3. Electrical And Electronics
6.6.4. Automotive Packaging
6.6.5. Construction
6.6.6. Consumer Goods And Appliances
6.6.7. Other Applications
7. Major Market Trends
7.1. Sustainable Plastic Packaging
7.2. Modified Atmosphere Packaging (MAP)
7.3. 3D Printing Technology
7.4. Technological Advancements
7.5. Strategic Partnerships
7.6. Focus On Increasing Investments
8. Global Market Size and Growth
8.1. Market Size
8.2. Historic Market Growth, 2017 - 2022, Value ($ Million)
8.2.1. Market Drivers 2017 - 2022
8.2.2. Market Restraints 2017 - 2022
8.3. Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
8.3.1. Market Drivers 2022 - 2027
8.3.2. Market Restraints 2022 - 2027
9. Global Thermoforming Plastic Market Segmentation
9.1. Global Thermoforming Plastic Market, Segmentation By Thermoforming Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
9.2. Global Thermoforming Plastic Market, Segmentation By Plastic Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
9.3. Global Thermoforming Plastic Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
10. Thermoforming Plastic Market, Regional and Country Analysis
10.1. Global Thermoforming Plastic Market, By Region, Historic and Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
10.2. Global Thermoforming Plastic Market, By Country, Historic and Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11. Asia-Pacific Market
11.1. Summary
11.2. Market Overview
11.2.1. Region Information
11.2.2. Market Information
11.2.3. Background Information
11.2.4. Government Initiatives
11.2.5. Regulations
11.2.6. Regulatory Bodies
11.2.7. Major Associations
11.2.8. Taxes levied
11.2.9. Corporate Tax Structure
11.2.10. Investments
11.2.11. Major Companies
11.3. Asia-Pacific Thermoforming Plastic Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
11.4. Asia-Pacific Thermoforming Plastic Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
11.5. Asia-Pacific Thermoforming Plastic Market, Segmentation By Thermoforming Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.6. Asia-Pacific Thermoforming Plastic Market, Segmentation By Plastic Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.7. Asia-Pacific Thermoforming Plastic Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.8. Asia-Pacific Thermoforming Plastic Market: Country Analysis
11.9. China Market
11.10. Summary
11.11. Market Overview
11.11.1. Country Information
11.11.2. Market Information
11.11.3. Background Information
11.11.4. Government Initiatives
11.11.5. Regulations
11.11.6. Regulatory Bodies
11.11.7. Major Associations
11.11.8. Taxes levied
11.11.9. Corporate tax structure
11.11.10. Investments
11.11.11. Major Companies
11.12. China Thermoforming Plastic Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
11.13. China Thermoforming Plastic Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
11.14. China Thermoforming Plastic Market, Segmentation By Thermoforming Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.15. China Thermoforming Plastic Market, Segmentation By Plastic Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.16. China Thermoforming Plastic Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.17. India Market
11.18. India Thermoforming Plastic Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
11.19. India Thermoforming Plastic Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
11.20. India Thermoforming Plastic Market, Segmentation By Thermoforming Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.21. India Thermoforming Plastic Market, Segmentation By Plastic Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.22. India Thermoforming Plastic Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.23. Japan Market
11.24. Japan Thermoforming Plastic Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
11.25. Japan Thermoforming Plastic Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
11.26. Japan Thermoforming Plastic Market, Segmentation By Thermoforming Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.27. Japan Thermoforming Plastic Market, Segmentation By Plastic Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.28. Japan Thermoforming Plastic Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.29. Australia Market
11.30. Australia Thermoforming Plastic Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
11.31. Australia Thermoforming Plastic Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
11.32. Australia Thermoforming Plastic Market, Segmentation By Thermoforming Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.33. Australia Thermoforming Plastic Market, Segmentation By Plastic Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.34. Australia Thermoforming Plastic Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.35. Indonesia Market
11.36. Indonesia Thermoforming Plastic Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
11.37. Indonesia Thermoforming Plastic Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
11.38. Indonesia Thermoforming Plastic Market, Segmentation By Thermoforming Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.39. Indonesia Thermoforming Plastic Market, Segmentation By Plastic Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.40. Indonesia Thermoforming Plastic Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.41. South Korea Market
11.42. South Korea Thermoforming Plastic Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
11.43. South Korea Thermoforming Plastic Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
11.44. South Korea Thermoforming Plastic Market, Segmentation By Thermoforming Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.45. South Korea Thermoforming Plastic Market, Segmentation By Plastic Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
11.46. South Korea Thermoforming Plastic Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12. Western Europe Market
12.1. Summary
12.2. Market Overview
12.2.1. Region Information
12.2.2. Market Information
12.2.3. Background Information
12.2.4. Government Initiatives
12.2.5. Regulations
12.2.6. Regulatory Bodies
12.2.7. Major Associations
12.2.8. Taxes levied
12.2.9. Corporate tax structure
12.2.10. Investments
12.2.11. Major Companies
12.3. Western Europe Thermoforming Plastic Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
12.4. Western Europe Thermoforming Plastic Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
12.5. Western Europe Thermoforming Plastic Market, Segmentation By Thermoforming Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.6. Western Europe Thermoforming Plastic Market, Segmentation By Plastic Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.7. Western Europe Thermoforming Plastic Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.8. Western Europe Thermoforming Plastic Market: Country Analysis
12.9. UK Market
12.10. UK Thermoforming Plastic Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
12.11. UK Thermoforming Plastic Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
12.12. UK Thermoforming Plastic Market, Segmentation By Thermoforming Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.13. UK Thermoforming Plastic Market, Segmentation By Plastic Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.14. UK Thermoforming Plastic Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.15. Germany Market
12.16. Germany Thermoforming Plastic Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
12.17. Germany Thermoforming Plastic Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
12.18. Germany Thermoforming Plastic Market, Segmentation By Thermoforming Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.19. Germany Thermoforming Plastic Market, Segmentation By Plastic Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.20. Germany Thermoforming Plastic Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.21. France Market
12.22. France Thermoforming Plastic Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
12.23. France Thermoforming Plastic Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
12.24. France Thermoforming Plastic Market, Segmentation By Thermoforming Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.25. France Thermoforming Plastic Market, Segmentation By Plastic Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
12.26. France Thermoforming Plastic Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
13. Eastern Europe Market
13.1. Summary
13.2. Market Overview
13.2.1. Region Information
13.2.2. Market Information
13.2.3. Background Information
13.2.4. Government Initiatives
13.2.5. Regulations
13.2.6. Regulatory Bodies
13.2.7. Major Associations
13.2.8. Taxes Levied
13.2.9. Corporate Tax Structure
13.2.10. Investments
13.2.11. Major Companies
13.3. Eastern Europe Thermoforming Plastic Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
13.4. Eastern Europe Thermoforming Plastic Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
13.5. Eastern Europe Thermoforming Plastic Market, Segmentation By Thermoforming Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
13.6. Eastern Europe Thermoforming Plastic Market, Segmentation By Plastic Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
13.7. Eastern Europe Thermoforming Plastic Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
13.8. Eastern Europe Thermoforming Plastic Market: Country Analysis
13.9. Russia Market
13.10. Russia Thermoforming Plastic Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
13.11. Russia Thermoforming Plastic Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
13.12. Russia Thermoforming Plastic Market, Segmentation By Thermoforming Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
13.13. Russia Thermoforming Plastic Market, Segmentation By Plastic Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
13.14. Russia Thermoforming Plastic Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
14. North America Market
14.1. Summary
14.2. Market Overview
14.2.1. Region Information
14.2.2. Market Information
14.2.3. Background Information
14.2.4. Government Initiatives
14.2.5. Regulations
14.2.6. Regulatory Bodies
14.2.7. Major Associations
14.2.8. Taxes Levied
14.2.9. Corporate Tax Structure
14.2.10. Investments
14.2.11. Major Companies
14.3. North America Thermoforming Plastic Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
14.4. North America Thermoforming Plastic Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
14.5. North America Thermoforming Plastic Market, Segmentation By Thermoforming Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
14.6. North America Thermoforming Plastic Market, Segmentation By Plastic Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
14.7. North America Thermoforming Plastic Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
14.8. North America Thermoforming Plastic Market: Country Analysis
14.9. USA Market
14.10. Summary
14.11. Market Overview
14.11.1. Country Information
14.11.2. Market Information
14.11.3. Background Information
14.11.4. Government Initiatives
14.11.5. Regulations
14.11.6. Regulatory Bodies
14.11.7. Major Associations
14.11.8. Taxes Levied
14.11.9. Corporate Tax Structure
14.11.10. Investments
14.11.11. Major Companies
14.12. USA Thermoforming Plastic Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
14.13. USA Thermoforming Plastic Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
14.14. USA Thermoforming Plastic Market, Segmentation By Thermoforming Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
14.15. USA Thermoforming Plastic Market, Segmentation By Plastic Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
14.16. USA Thermoforming Plastic Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
15. South America Market
15.1. Summary
15.2. Market Overview
15.2.1. Region Information
15.2.2. Market Information
15.2.3. Background Information
15.2.4. Government Initiatives
15.2.5. Regulations
15.2.6. Regulatory Bodies
15.2.7. Major Associations
15.2.8. Taxes Levied
15.2.9. Corporate Tax Structure
15.2.10. Investments
15.2.11. Major Companies
15.3. South America Thermoforming Plastic Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
15.4. South America Thermoforming Plastic Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
15.5. South America Thermoforming Plastic Market, Segmentation By Thermoforming Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
15.6. South America Thermoforming Plastic Market, Segmentation By Plastic Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
15.7. South America Thermoforming Plastic Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
15.8. South America Thermoforming Plastic Market: Country Analysis
15.9. Brazil Market
15.10. Brazil Thermoforming Plastic Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
15.11. Brazil Thermoforming Plastic Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
15.12. Brazil Thermoforming Plastic Market, Segmentation By Thermoforming Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
15.13. Brazil Thermoforming Plastic Market, Segmentation By Plastic Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
15.14. Brazil Thermoforming Plastic Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
16. Middle East Market
16.1. Summary
16.2. Market Overview
16.2.1. Region Information
16.2.2. Market Information
16.2.3. Background Information
16.2.4. Government Initiatives
16.2.5. Regulations
16.2.6. Regulatory Bodies
16.2.7. Major Associations
16.2.8. Taxes Levied
16.2.9. Corporate Tax Structure
16.2.10. Investments
16.2.11. Major Companies
16.3. Middle East Thermoforming Plastic Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
16.4. Middle East Thermoforming Plastic Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
16.5. Middle East Thermoforming Plastic Market, Segmentation By Thermoforming Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
16.6. Middle East Thermoforming Plastic Market, Segmentation By Plastic Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
16.7. Middle East Thermoforming Plastic Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
17. Africa Market
17.1. Summary
17.2. Market Overview
17.2.1. Region Information
17.2.2. Market Information
17.2.3. Background Information
17.2.4. Government Initiatives
17.2.5. Regulations
17.2.6. Regulatory Bodies
17.2.7. Major Associations
17.2.8. Taxes Levied
17.2.9. Corporate Tax Structure
17.2.10. Investments
17.2.11. Major Companies
17.3. Africa Thermoforming Plastic Market, Historic Market Growth, 2017 - 2022, Value ($ Million)
17.4. Africa Thermoforming Plastic Market, Forecast Market Growth, 2022 - 2027, 2032F Value ($ Million)
17.5. Africa Thermoforming Plastic Market, Segmentation By Thermoforming Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
17.6. Africa Thermoforming Plastic Market, Segmentation By Plastic Type, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
17.7. Africa Thermoforming Plastic Market, Segmentation By Application, Historic And Forecast, 2017 - 2022, 2027F, 2032F, Value ($ Million)
18. Competitive Landscape And Company Profiles
18.1. Company Profiles
18.2. Amcor Plc
18.2.1. Company Overview
18.2.2. Products And Services
18.2.3. Business Strategy
18.2.4. Financial Overview
18.3. Pactiv Evergreen Inc
18.3.1. Company Overview
18.3.2. Products And Services
18.3.3. Business Strategy
18.3.4. Financial Overview
18.4. Berry Global Inc
18.4.1. Company Overview
18.4.2. Products And Services
18.4.3. Business Strategy
18.4.4. Financial Overview
18.5. Sonoco Products Company
18.5.1. Company Overview
18.5.2. Products And Services
18.5.3. Business Strategy
18.5.4. Financial Overview
18.6. Huhtamaki Global
18.6.1. Company Overview
18.6.2. Products And Services
18.6.3. Financial Overview
19. Key Mergers and Acquisitions
19.1. Lacerta Group Acquired Portage Plastics
19.2. Coral Products Acquired Alma
19.3. Kaivac Acquired Clermont County
19.4. Pactiv Evergreen Group Holdings Acquired Fabri-Kal
19.5. Sabert Corporation Acquired KeCo
19.6. Placon Acquired Sonoco Packaging Company
19.7. Sonoco Acquired Thermoform Engineered Quality
19.8. C-P Flexible Packaging Acquired Genpak Flexible.
19.9. Packaging LLC Acquired Panoramic Inc.
20. Opportunities And Strategies
20.1. Global Thermoforming Plastic Market In 2027 - Countries Offering Most New Opportunities
20.2. Global Thermoforming Plastic Market In 2027 - Segments Offering Most New Opportunities
20.3. Global Thermoforming Plastic Market In 2027 - Growth Strategies
20.3.1. Market Trend Based Strategies
20.3.2. Competitor Strategies
21. Thermoforming Plastic Market, Conclusions And Recommendations
21.1. Conclusions
21.2. Recommendations
21.2.1. Product
21.2.2. Place
21.2.3. Price
21.2.4. Promotion
21.2.5. People
22. Appendix
22.1. Market Data Sources
22.2. Research Methodology
22.3. Currencies
22.4. About the Publisher
22.5. Copyright and Disclaimer
Executive Summary
Thermoforming Plastic Global Market Opportunities and Strategies to 2032 provides the strategists; marketers and senior management with the critical information they need to assess the global thermoforming plastic market as it emerges from the COVID-19 shut down.Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 12 geographies.
- Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market research findings.
- Benchmark performance against key competitors.
- Utilize the relationships between key data sets for superior strategizing.
- Suitable for supporting your internal and external presentations with reliable high-quality data and analysis
Description:
Where is the largest and fastest-growing market for thermoforming plastic? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The thermoforming plastic market global report answers all these questions and many more.The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market's history and forecasts market growth by geography. It places the market within the context of the wider thermoforming plastic market; and compares it with other markets.
The report covers the following chapters
- Introduction and Market Characteristics - Brief introduction to the segmentations covered in the market, definitions and explanations about the thermoforming plastic market.
- Key Trends - Highlights the major trends shaping the global thermoforming plastic market. This section also highlights likely future developments in the market.
- Global Market Size and Growth - Global historic (2017-2022) and forecast (2022-2027), and (2027-2032) market values, and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
- Regional Analysis - Historic (2017-2022) and forecast (2022-2027), and (2027-2032) market values and growth and market share comparison by region.
- Market Segmentation - Contains the market values (2017-2032) and analysis for each segment by thermoforming type, by plastic type and by application in the market.
- Regional Market Size and Growth - Regional market size (2022), historic (2017-2022) and forecast (2022-2027), and (2027-2032) market values, and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
- Competitive Landscape - Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
- Key Mergers and Acquisitions - Information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions, which have shaped the market in recent years.
- Market Opportunities and Strategies - Describes market Opportunities and Strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
- Conclusions And Recommendations - Includes recommendations for thermoforming plastic providers in terms of product/service offerings geographic expansion, marketing strategies and target groups.
- Appendix-This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
Scope:
Markets Covered:
1) By Thermoforming Type: Vacuum Forming; Pressure Forming; Mechanical Forming2) By Plastic Type: Polyethylene; Polypropylene; Polystyrene; Polyvinyl Chloride; Acrylonitrile Butadiene Styrene; Bio-Degradable Polymers; Other Plastic Types
3) By Application: Healthcare And Medical; Food Packaging; Electrical And Electronics; Automotive Packaging; Construction; Consumer Goods And Appliances; Other Applications
Companies Mentioned: Amcor plc; Pactiv Evergreen Inc; Berry Global Inc.; Sonoco Products Company; Huhtamaki Global
Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Brazil; France; Germany; UK; Russia
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time-series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; thermoforming plastic indicators comparison.
Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Companies Mentioned
- Amcor plc
- Pactiv Evergreen Inc
- Berry Global Inc.
- Sonoco Products Company
- Huhtamaki Global
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 329 |
| Published | April 2023 |
| Forecast Period | 2021 - 2031 |
| Estimated Market Value ( USD | $ 45903.9 Million |
| Forecasted Market Value ( USD | $ 99924.6 Million |
| Compound Annual Growth Rate | 8.1% |
| Regions Covered | Global |
| No. of Companies Mentioned | 5 |
