The global thermoformed plastics market size accounted for US$ 41 Bn in 2021 and is projected to reach around USD 62.1 Bn by 2030, growing at a CAGR of 4.72% from 2022 to 2030.
Thermoformed Plastics Market Key Takeaways:
- By product, the polypropylene segment has reached at highest revenue share of 22% in 2021.
- By process, the thin-gauge thermoformed plastic segment has reached more than 36% revenue share in 2021.
- By application, the food packaging segment has accounted 43% revenue share in 2021.
- North America region has captured 54.2% market share in 2021.
Report Summary
The global thermoformed plastics market report provides a Point-by-Point and In-Depth analysis of global market size, regional and country-level market size, market share, segmentation market growth, competitive landscape, sales analysis, opportunities analysis, strategic market growth analysis, the impact of domestic and global market key players, value chain optimization, trade regulations, recent developments, product launches, area marketplace expanding, and technological innovations.
The study offers a comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales in the thermoformed plastics market across the globe.
A comprehensive estimate on the thermoformed plastics market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of thermoformed plastics during the forecast period. Price point comparison by region with global average price is also considered in the study.
Thermoformed Plastics Market Scope
| Report Coverage | Details |
| Market Size in 2022 | USD 42.94 Billion |
| Market Size by 2030 | USD 62.1 Billion |
| Growth Rate from 2022 to 2030 | CAGR of 4.72% |
| Base Year | 2021 |
| Forecast Period | 2022 to 2030 |
| Segments Covered | Product, Process, Based on Thickness, Application, and Geography |
Key Highlights:
Reports Coverage: It incorporates key market sections, key makers secured, the extent of items offered in the years considered, worldwide containerized thermoformed plastics market and study goals. Moreover, it contacts the division study gave in the report based on the sort of item and applications.
Market Outline: This area stresses the key investigations, market development rate, serious scene, market drivers, patterns, and issues notwithstanding the naturally visible pointers.
Market Production by Region: The report conveys information identified with import and fare, income, creation, and key players of every single local market contemplated are canvassed right now.
Also Read: Robotics Technology Market Size Analysis 2022 To 2030
Thermoformed Plastics Market Players
The report includes the profiles of key thermoformed plastics market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information, key development in past five years.
Major companies operating in this area are Pactiv LLC, Greiner Packaging GmbH, Dongguan Ditai Plastic Products Co., Ltd, Genpak LLC, Sonoco Products Company, CM Packaging, Brentwood, Industries, Palram Americas Ltd., Placon Corporation, Anchor Packaging LLC
Market Segmentation
By Product
- Polymethyl Methacrylate (PMMA)
- Bio-degradable polymers
- Polyethylene (PE)
- Poly Vinyl Chloride (PVC)
- High Impact Polystyrene (HIPS)
- Polystyrene (PS)
- Polypropylene (PP)
By Process
- Plug Assist Forming
- Thick Gauge Thermoforming
- Thin Gauge Thermoforming
- Vacuum Snapback
By Based on Thickness
- Thin Gauge
- Thick Gauge
By Application
- Automotive
- Construction
- Healthcare & Medical
- Food Packaging
- Electrical & Electronics
- Consumer Goods & Appliances
Regional Segmentation
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
- Latin America (Brazil and Rest of Latin America)
- Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)
Research Methodology
Secondary Research
It involves company databases such as Hoover’s: This assists us to recognize financial information, the structure of the market participants and industry’s competitive landscape.
The secondary research sources referred in the process are as follows:
- Governmental bodies, and organizations creating economic policies
- National and international social welfare institutions
- Company websites, financial reports and SEC filings, broker and investor reports
- Related patent and regulatory databases
- Statistical databases and market reports
- Corporate Presentations, news, press release, and specification sheet of Manufacturers
Primary Research
Primary research includes face-to-face interviews, online surveys, and telephonic interviews.
- Means of primary research: Email interactions, telephonic discussions and Questionnaire-based research etc.
- In order to validate our research findings and analysis, we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Thermoformed Plastics Market
5.1. COVID-19 Landscape: Thermoformed Plastics Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Thermoformed Plastics Market, By Product
8.1. Thermoformed Plastics Market, by Product, 2022-2030
8.1.1. Polymethyl Methacrylate (PMMA)
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Bio-degradable polymers
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Polyethylene (PE)
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. Poly Vinyl Chloride (PVC)
8.1.4.1. Market Revenue and Forecast (2017-2030)
8.1.5. High Impact Polystyrene (HIPS)
8.1.5.1. Market Revenue and Forecast (2017-2030)
8.1.6. Polystyrene (PS)
8.1.6.1. Market Revenue and Forecast (2017-2030)
8.1.7. Polypropylene (PP)
8.1.7.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Thermoformed Plastics Market, By Process
9.1. Thermoformed Plastics Market, by Process, 2022-2030
9.1.1. Plug Assist Forming
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Thick Gauge Thermoforming
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Thin Gauge Thermoforming
9.1.3.1. Market Revenue and Forecast (2017-2030)
9.1.4. Vacuum Snapback
9.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Thermoformed Plastics Market, By Based on Thickness
10.1. Thermoformed Plastics Market, by Based on Thickness, 2022-2030
10.1.1. Thin Gauge
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Thick Gauge
10.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Thermoformed Plastics Market, By Application
11.1. Thermoformed Plastics Market, by Application, 2022-2030
11.1.1. Automotive
11.1.1.1. Market Revenue and Forecast (2017-2030)
11.1.2. Construction
11.1.2.1. Market Revenue and Forecast (2017-2030)
11.1.3. Healthcare & Medical
11.1.3.1. Market Revenue and Forecast (2017-2030)
11.1.4. Food Packaging
11.1.4.1. Market Revenue and Forecast (2017-2030)
11.1.5. Electrical & Electronics
11.1.5.1. Market Revenue and Forecast (2017-2030)
11.1.6. Consumer Goods & Appliances
11.1.6.1. Market Revenue and Forecast (2017-2030)
Chapter 12. Global Thermoformed Plastics Market, Regional Estimates and Trend Forecast
12.1. North America
12.1.1. Market Revenue and Forecast, by Product (2017-2030)
12.1.2. Market Revenue and Forecast, by Process (2017-2030)
12.1.3. Market Revenue and Forecast, by Based on Thickness (2017-2030)
12.1.4. Market Revenue and Forecast, by Application (2017-2030)
12.1.5. U.S.
12.1.5.1. Market Revenue and Forecast, by Product (2017-2030)
12.1.5.2. Market Revenue and Forecast, by Process (2017-2030)
12.1.5.3. Market Revenue and Forecast, by Based on Thickness (2017-2030)
12.1.5.4. Market Revenue and Forecast, by Application (2017-2030)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Forecast, by Product (2017-2030)
12.1.6.2. Market Revenue and Forecast, by Process (2017-2030)
12.1.6.3. Market Revenue and Forecast, by Based on Thickness (2017-2030)
12.1.6.4. Market Revenue and Forecast, by Application (2017-2030)
12.2. Europe
12.2.1. Market Revenue and Forecast, by Product (2017-2030)
12.2.2. Market Revenue and Forecast, by Process (2017-2030)
12.2.3. Market Revenue and Forecast, by Based on Thickness (2017-2030)
12.2.4. Market Revenue and Forecast, by Application (2017-2030)
12.2.5. UK
12.2.5.1. Market Revenue and Forecast, by Product (2017-2030)
12.2.5.2. Market Revenue and Forecast, by Process (2017-2030)
12.2.5.3. Market Revenue and Forecast, by Based on Thickness (2017-2030)
12.2.5.4. Market Revenue and Forecast, by Application (2017-2030)
12.2.6. Germany
12.2.6.1. Market Revenue and Forecast, by Product (2017-2030)
12.2.6.2. Market Revenue and Forecast, by Process (2017-2030)
12.2.6.3. Market Revenue and Forecast, by Based on Thickness (2017-2030)
12.2.6.4. Market Revenue and Forecast, by Application (2017-2030)
12.2.7. France
12.2.7.1. Market Revenue and Forecast, by Product (2017-2030)
12.2.7.2. Market Revenue and Forecast, by Process (2017-2030)
12.2.7.3. Market Revenue and Forecast, by Based on Thickness (2017-2030)
12.2.7.4. Market Revenue and Forecast, by Application (2017-2030)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Forecast, by Product (2017-2030)
12.2.8.2. Market Revenue and Forecast, by Process (2017-2030)
12.2.8.3. Market Revenue and Forecast, by Based on Thickness (2017-2030)
12.2.8.4. Market Revenue and Forecast, by Application (2017-2030)
12.3. APAC
12.3.1. Market Revenue and Forecast, by Product (2017-2030)
12.3.2. Market Revenue and Forecast, by Process (2017-2030)
12.3.3. Market Revenue and Forecast, by Based on Thickness (2017-2030)
12.3.4. Market Revenue and Forecast, by Application (2017-2030)
12.3.5. India
12.3.5.1. Market Revenue and Forecast, by Product (2017-2030)
12.3.5.2. Market Revenue and Forecast, by Process (2017-2030)
12.3.5.3. Market Revenue and Forecast, by Based on Thickness (2017-2030)
12.3.5.4. Market Revenue and Forecast, by Application (2017-2030)
12.3.6. China
12.3.6.1. Market Revenue and Forecast, by Product (2017-2030)
12.3.6.2. Market Revenue and Forecast, by Process (2017-2030)
12.3.6.3. Market Revenue and Forecast, by Based on Thickness (2017-2030)
12.3.6.4. Market Revenue and Forecast, by Application (2017-2030)
12.3.7. Japan
12.3.7.1. Market Revenue and Forecast, by Product (2017-2030)
12.3.7.2. Market Revenue and Forecast, by Process (2017-2030)
12.3.7.3. Market Revenue and Forecast, by Based on Thickness (2017-2030)
12.3.7.4. Market Revenue and Forecast, by Application (2017-2030)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Forecast, by Product (2017-2030)
12.3.8.2. Market Revenue and Forecast, by Process (2017-2030)
12.3.8.3. Market Revenue and Forecast, by Based on Thickness (2017-2030)
12.3.8.4. Market Revenue and Forecast, by Application (2017-2030)
12.4. MEA
12.4.1. Market Revenue and Forecast, by Product (2017-2030)
12.4.2. Market Revenue and Forecast, by Process (2017-2030)
12.4.3. Market Revenue and Forecast, by Based on Thickness (2017-2030)
12.4.4. Market Revenue and Forecast, by Application (2017-2030)
12.4.5. GCC
12.4.5.1. Market Revenue and Forecast, by Product (2017-2030)
12.4.5.2. Market Revenue and Forecast, by Process (2017-2030)
12.4.5.3. Market Revenue and Forecast, by Based on Thickness (2017-2030)
12.4.5.4. Market Revenue and Forecast, by Application (2017-2030)
12.4.6. North Africa
12.4.6.1. Market Revenue and Forecast, by Product (2017-2030)
12.4.6.2. Market Revenue and Forecast, by Process (2017-2030)
12.4.6.3. Market Revenue and Forecast, by Based on Thickness (2017-2030)
12.4.6.4. Market Revenue and Forecast, by Application (2017-2030)
12.4.7. South Africa
12.4.7.1. Market Revenue and Forecast, by Product (2017-2030)
12.4.7.2. Market Revenue and Forecast, by Process (2017-2030)
12.4.7.3. Market Revenue and Forecast, by Based on Thickness (2017-2030)
12.4.7.4. Market Revenue and Forecast, by Application (2017-2030)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Forecast, by Product (2017-2030)
12.4.8.2. Market Revenue and Forecast, by Process (2017-2030)
12.4.8.3. Market Revenue and Forecast, by Based on Thickness (2017-2030)
12.4.8.4. Market Revenue and Forecast, by Application (2017-2030)
12.5. Latin America
12.5.1. Market Revenue and Forecast, by Product (2017-2030)
12.5.2. Market Revenue and Forecast, by Process (2017-2030)
12.5.3. Market Revenue and Forecast, by Based on Thickness (2017-2030)
12.5.4. Market Revenue and Forecast, by Application (2017-2030)
12.5.5. Brazil
12.5.5.1. Market Revenue and Forecast, by Product (2017-2030)
12.5.5.2. Market Revenue and Forecast, by Process (2017-2030)
12.5.5.3. Market Revenue and Forecast, by Based on Thickness (2017-2030)
12.5.5.4. Market Revenue and Forecast, by Application (2017-2030)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Forecast, by Product (2017-2030)
12.5.6.2. Market Revenue and Forecast, by Process (2017-2030)
12.5.6.3. Market Revenue and Forecast, by Based on Thickness (2017-2030)
12.5.6.4. Market Revenue and Forecast, by Application (2017-2030)
Chapter 13. Company Profiles
13.1. Pactiv LLC
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. Greiner Packaging GmbH
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. Dongguan Ditai Plastic Products Co., Ltd
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. Genpak LLC
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. Sonoco Products Company
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. CM Packaging
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. Brentwood Industries
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. Palram Americas Ltd.
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. Placon Corporation
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. Anchor Packaging LLC
13.10.1. Company Overview
13.10.2. Product Offerings
13.10.3. Financial Performance
13.10.4. Recent Initiatives
Chapter 14. Research Methodology
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
Chapter 15. Appendix
15.1. About Us
15.2. Glossary of Terms
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