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Thermoformed Plastics-Global Market Insights and Sales Trends 2024
Synopsis
Thermoforming is process of molding plastic sheet to desired shape using pliable temperature & pressure. Plastic sheets after molding is trimmed to form a usable product. Thermoformed plastics finds application in various food packing, appliances, healthcare products packaging, and in automobiles. Thermoforming plastics are preferred as the packaging material due to low cost and its aesthetic appearance of the products.
The global Thermoformed Plastics market size is expected to reach US$ 18060 million by 2029, growing at a CAGR of 4.9% from 2023 to 2029. The market is mainly driven by the significant applications of Thermoformed Plastics in various end use industries. The expanding demands from the Cylinders Healthcare & Medical, Food Packaging, Electrical & Electronics and Automotive Packaging, are propelling Thermoformed Plastics market. Polymethyl Methacrylate (PMMA), one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Bio-Degradable Polymers segment is estimated at % CAGR for the next seven-year period.
The increasing usage of thermoformed plastics in food and healthcare packaging is expected to be one of the primary drivers for this market. Thermoformed plastics in the form of clamshells will be used extensively in the food packagingindustries because of its superior resistance to bacteria, odor, and moisture. Furthermore, the injection molded plastics will be used for the manufacturing of medical disposables and medical devices because of their unique engineering and designing properties including surgical gloves, plastic scissors, urology disposables.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Thermoformed Plastics, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Thermoformed Plastics market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Thermoformed Plastics market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Thermoformed Plastics sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Thermoformed Plastics covered in this report include Sonoco Plastics, Placon Corporation, Spencer Industries and Silgan Plastics, etc.
The global Thermoformed Plastics market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Sonoco Plastics
Placon Corporation
Spencer Industries
Silgan Plastics
Global Thermoformed Plastics market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Thermoformed Plastics market, Segment by Type:
Polymethyl Methacrylate (PMMA)
Bio-Degradable Polymers
Polyethylene (PE)
Acrylonitrile Butadiene Styrene (ABS)
Poly Vinyl Chloride (PVC)
High Impact Polystyrene (HIPS)
Polystyrene (PS)
Polypropylene (PP)
Global Thermoformed Plastics market, by Application
Cylinders Healthcare & Medical
Food Packaging
Electrical & Electronics
Automotive Packaging
Construction
Consumer Goods & Appliances
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Thermoformed Plastics manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Thermoformed Plastics in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Thermoforming is process of molding plastic sheet to desired shape using pliable temperature & pressure. Plastic sheets after molding is trimmed to form a usable product. Thermoformed plastics finds application in various food packing, appliances, healthcare products packaging, and in automobiles. Thermoforming plastics are preferred as the packaging material due to low cost and its aesthetic appearance of the products.
The global Thermoformed Plastics market size is expected to reach US$ 18060 million by 2029, growing at a CAGR of 4.9% from 2023 to 2029. The market is mainly driven by the significant applications of Thermoformed Plastics in various end use industries. The expanding demands from the Cylinders Healthcare & Medical, Food Packaging, Electrical & Electronics and Automotive Packaging, are propelling Thermoformed Plastics market. Polymethyl Methacrylate (PMMA), one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Bio-Degradable Polymers segment is estimated at % CAGR for the next seven-year period.
The increasing usage of thermoformed plastics in food and healthcare packaging is expected to be one of the primary drivers for this market. Thermoformed plastics in the form of clamshells will be used extensively in the food packagingindustries because of its superior resistance to bacteria, odor, and moisture. Furthermore, the injection molded plastics will be used for the manufacturing of medical disposables and medical devices because of their unique engineering and designing properties including surgical gloves, plastic scissors, urology disposables.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Thermoformed Plastics, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Thermoformed Plastics market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Thermoformed Plastics market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Thermoformed Plastics sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Thermoformed Plastics covered in this report include Sonoco Plastics, Placon Corporation, Spencer Industries and Silgan Plastics, etc.
The global Thermoformed Plastics market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Sonoco Plastics
Placon Corporation
Spencer Industries
Silgan Plastics
Global Thermoformed Plastics market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Thermoformed Plastics market, Segment by Type:
Polymethyl Methacrylate (PMMA)
Bio-Degradable Polymers
Polyethylene (PE)
Acrylonitrile Butadiene Styrene (ABS)
Poly Vinyl Chloride (PVC)
High Impact Polystyrene (HIPS)
Polystyrene (PS)
Polypropylene (PP)
Global Thermoformed Plastics market, by Application
Cylinders Healthcare & Medical
Food Packaging
Electrical & Electronics
Automotive Packaging
Construction
Consumer Goods & Appliances
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Thermoformed Plastics manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Thermoformed Plastics in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Thermoformed Plastics Market Overview
1.1 Thermoformed Plastics Product Overview
1.2 Thermoformed Plastics Market Segment by Type
1.2.1 Polymethyl Methacrylate (PMMA)
1.2.2 Bio-Degradable Polymers
1.2.3 Polyethylene (PE)
1.2.4 Acrylonitrile Butadiene Styrene (ABS)
1.2.5 Poly Vinyl Chloride (PVC)
1.2.6 High Impact Polystyrene (HIPS)
1.2.7 Polystyrene (PS)
1.2.8 Polypropylene (PP)
1.3 Global Thermoformed Plastics Market Size by Type
1.3.1 Global Thermoformed Plastics Market Size Overview by Type (2018-2029)
1.3.2 Global Thermoformed Plastics Historic Market Size Review by Type (2018-2023)
1.3.3 Global Thermoformed Plastics Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Thermoformed Plastics Sales Breakdown by Type (2018-2023)
1.4.2 Europe Thermoformed Plastics Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Thermoformed Plastics Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Thermoformed Plastics Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Thermoformed Plastics Sales Breakdown by Type (2018-2023)
2 Global Thermoformed Plastics Market Competition by Company
2.1 Global Top Players by Thermoformed Plastics Sales (2018-2023)
2.2 Global Top Players by Thermoformed Plastics Revenue (2018-2023)
2.3 Global Top Players by Thermoformed Plastics Price (2018-2023)
2.4 Global Top Manufacturers Thermoformed Plastics Manufacturing Base Distribution, Sales Area, Product Type
2.5 Thermoformed Plastics Market Competitive Situation and Trends
2.5.1 Thermoformed Plastics Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Thermoformed Plastics Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Thermoformed Plastics as of 2022)
2.7 Date of Key Manufacturers Enter into Thermoformed Plastics Market
2.8 Key Manufacturers Thermoformed Plastics Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Thermoformed Plastics Status and Outlook by Region
3.1 Global Thermoformed Plastics Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Thermoformed Plastics Historic Market Size by Region
3.2.1 Global Thermoformed Plastics Sales in Volume by Region (2018-2023)
3.2.2 Global Thermoformed Plastics Sales in Value by Region (2018-2023)
3.2.3 Global Thermoformed Plastics Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Thermoformed Plastics Forecasted Market Size by Region
3.3.1 Global Thermoformed Plastics Sales in Volume by Region (2024-2029)
3.3.2 Global Thermoformed Plastics Sales in Value by Region (2024-2029)
3.3.3 Global Thermoformed Plastics Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Thermoformed Plastics by Application
4.1 Thermoformed Plastics Market Segment by Application
4.1.1 Cylinders Healthcare & Medical
4.1.2 Food Packaging
4.1.3 Electrical & Electronics
4.1.4 Automotive Packaging
4.1.5 Construction
4.1.6 Consumer Goods & Appliances
4.1.7 Others
4.2 Global Thermoformed Plastics Market Size by Application
4.2.1 Global Thermoformed Plastics Market Size Overview by Application (2018-2029)
4.2.2 Global Thermoformed Plastics Historic Market Size Review by Application (2018-2023)
4.2.3 Global Thermoformed Plastics Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Thermoformed Plastics Sales Breakdown by Application (2018-2023)
4.3.2 Europe Thermoformed Plastics Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Thermoformed Plastics Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Thermoformed Plastics Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Thermoformed Plastics Sales Breakdown by Application (2018-2023)
5 North America Thermoformed Plastics by Country
5.1 North America Thermoformed Plastics Historic Market Size by Country
5.1.1 North America Thermoformed Plastics Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Thermoformed Plastics Sales in Volume by Country (2018-2023)
5.1.3 North America Thermoformed Plastics Sales in Value by Country (2018-2023)
5.2 North America Thermoformed Plastics Forecasted Market Size by Country
5.2.1 North America Thermoformed Plastics Sales in Volume by Country (2024-2029)
5.2.2 North America Thermoformed Plastics Sales in Value by Country (2024-2029)
6 Europe Thermoformed Plastics by Country
6.1 Europe Thermoformed Plastics Historic Market Size by Country
6.1.1 Europe Thermoformed Plastics Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Thermoformed Plastics Sales in Volume by Country (2018-2023)
6.1.3 Europe Thermoformed Plastics Sales in Value by Country (2018-2023)
6.2 Europe Thermoformed Plastics Forecasted Market Size by Country
6.2.1 Europe Thermoformed Plastics Sales in Volume by Country (2024-2029)
6.2.2 Europe Thermoformed Plastics Sales in Value by Country (2024-2029)
7 Asia-Pacific Thermoformed Plastics by Region
7.1 Asia-Pacific Thermoformed Plastics Historic Market Size by Region
7.1.1 Asia-Pacific Thermoformed Plastics Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Thermoformed Plastics Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Thermoformed Plastics Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Thermoformed Plastics Forecasted Market Size by Region
7.2.1 Asia-Pacific Thermoformed Plastics Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Thermoformed Plastics Sales in Value by Region (2024-2029)
8 Latin America Thermoformed Plastics by Country
8.1 Latin America Thermoformed Plastics Historic Market Size by Country
8.1.1 Latin America Thermoformed Plastics Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Thermoformed Plastics Sales in Volume by Country (2018-2023)
8.1.3 Latin America Thermoformed Plastics Sales in Value by Country (2018-2023)
8.2 Latin America Thermoformed Plastics Forecasted Market Size by Country
8.2.1 Latin America Thermoformed Plastics Sales in Volume by Country (2024-2029)
8.2.2 Latin America Thermoformed Plastics Sales in Value by Country (2024-2029)
9 Middle East and Africa Thermoformed Plastics by Country
9.1 Middle East and Africa Thermoformed Plastics Historic Market Size by Country
9.1.1 Middle East and Africa Thermoformed Plastics Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Thermoformed Plastics Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Thermoformed Plastics Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Thermoformed Plastics Forecasted Market Size by Country
9.2.1 Middle East and Africa Thermoformed Plastics Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Thermoformed Plastics Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Sonoco Plastics
10.1.1 Sonoco Plastics Company Information
10.1.2 Sonoco Plastics Introduction and Business Overview
10.1.3 Sonoco Plastics Thermoformed Plastics Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Sonoco Plastics Thermoformed Plastics Products Offered
10.1.5 Sonoco Plastics Recent Development
10.2 Placon Corporation
10.2.1 Placon Corporation Company Information
10.2.2 Placon Corporation Introduction and Business Overview
10.2.3 Placon Corporation Thermoformed Plastics Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Placon Corporation Thermoformed Plastics Products Offered
10.2.5 Placon Corporation Recent Development
10.3 Spencer Industries
10.3.1 Spencer Industries Company Information
10.3.2 Spencer Industries Introduction and Business Overview
10.3.3 Spencer Industries Thermoformed Plastics Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Spencer Industries Thermoformed Plastics Products Offered
10.3.5 Spencer Industries Recent Development
10.4 Silgan Plastics
10.4.1 Silgan Plastics Company Information
10.4.2 Silgan Plastics Introduction and Business Overview
10.4.3 Silgan Plastics Thermoformed Plastics Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Silgan Plastics Thermoformed Plastics Products Offered
10.4.5 Silgan Plastics Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Thermoformed Plastics Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Thermoformed Plastics Industrial Chain Analysis
11.4 Thermoformed Plastics Market Dynamics
11.4.1 Thermoformed Plastics Industry Trends
11.4.2 Thermoformed Plastics Market Drivers
11.4.3 Thermoformed Plastics Market Challenges
11.4.4 Thermoformed Plastics Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Thermoformed Plastics Distributors
12.3 Thermoformed Plastics Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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