Description
Thermoformed Plastics Market Analysis
Market Overview
The Thermoformed Plastics Market is projected to reach USD 66.92 Billion by 2030, showing a CAGR of 4.30% during the figure time frame. A plastic sheet is warmed to a temperature that makes it adaptable, then formed into an exact shape in a form and slice to create a utilitarian item in the modern cycle known as thermoforming. The sheet is warmed in a broiler to a temperature sufficiently high to permit it to be extended into or onto a form and chilled to a finished shape, wherein case it is alluded to as “film” while alluding to more slender checks and explicit material sorts. Vacuum framing is an improved rendition of it. Most thermoforming organizations reuse their piece and involve plastic by packing them in a baling machine or taking care of it through a granulator (processor) to make ground chips, which they offer to go back over organizations or use inside.
The essential advantage of thermoforming bundling is the capacity to attract dainty sheets to the exact size and shape expected to come by the ideal results. Because of their adaptability, makers of food and drink items are turning out to be progressively keen on thermoformed items. The extension of the food area is vital considering the market for thermoformed bundling. During the conjecture time frame, the interest in meat, poultry, and fish are expected to drive thermoformed bundling market extension. Thus, the market for thermoforming bundling will grow as the requirement for food bundling increments.
Market Segmentation
Polyethylene Terephthalate (PET), Polymethyl Methacrylate (PMMA), Polyethylene (PE), Polypropylene (PP), Polystyrene (PS), Acrylonitrile Butadiene Styrene (ABS), Polyvinyl Chloride (PVC), High Impact Polystyrene (HIPS), Biodegradable Polymer, and Others are included in the market segmentation based on product.
Vacuum, pressure, and mechanical forming are all part of the process-based market segmentation.
Packaging, Construction, Electrical & Electronics, Automotive Packaging, Consumer Products, and Others are among the market segmentation based on application. The market’s largest segment is the packaging segment.
Regional Analysis
The worldwide market was constrained by North America. All through the figure period, quick industrialization and advancements in the bundling area are expected to support the regional market. The area is likewise expected to be driven by the region’s extending thermoformed plastic item providers and producers. The biggest thermoforming plastic market is in the U.S., trailed by Canada.
The quickest developing regional market is expected to be in the Asia Pacific over the projected period. India and China, two of the region’s arising economies, have seen quick financial extension. The thermoformed plastics hardware in this region is created and provided for the most part in China using various advancements.
Major Players
Major market players, including Pactiv, Sonoco Products Company, Spencer Industries Incorporated, Brentwood Industries, Genpak, Placon, Silgan Plastics, Graham Packaging Company, Wilbert Plastic Services Inc.
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 19
1.1 GLOBAL THERMOFORMED PLASTIC MARKET, BY PRODUCT 21
1.2 GLOBAL THERMOFORMED PLASTIC MARKET, BY PROCESS 22
1.3 GLOBAL THERMOFORMED PLASTIC MARKET, BY APPLICATION 23
1.4 GLOBAL THERMOFORMED PLASTIC MARKET ATTRACTIVENESS ANALYSIS, BY REGION 24
2 MARKET INTRODUCTION 25
2.1 DEFINITION 25
2.2 SCOPE OF THE STUDY 25
2.3 MARKET STRUCTURE 26
3 RESEARCH METHODOLOGY 27
3.1 RESEARCH PROCESS 27
3.2 PRIMARY RESEARCH 28
3.3 SECONDARY RESEARCH 29
3.4 MARKET SIZE ESTIMATION 29
3.5 TOP-DOWN AND BOTTOM-UP APPROACH 30
3.6 FORECAST MODEL 31
3.7 LIST OF ASSUMPTIONS & LIMITATIONS 32
4 MARKET DYNAMICS 33
4.1 INTRODUCTION 33
4.2 DRIVERS 34
4.2.1 RISING DEMAND FOR FOOD PACKAGING 34
4.2.2 INCREASING DEMAND FROM THE HEALTHCARE SECTOR 34
4.2.3 DRIVERS IMPACT ANALYSIS 35
4.3 RESTRAINTS 36
4.3.1 VOLATILE RAW MATERIAL PRICES 36
4.3.2 RESTRAINTS IMPACT ANALYSIS 37
4.4 OPPORTUNITIES 37
4.4.1 GROWING USE OF IN-MOLD LABELLING IN PACKAGING 37
4.5 CHALLENGES 38
4.5.1 AVAILABILITY OF ALTERNATIVE TECHNIQUES IN THE MARKET 38
5 MARKET FACTOR ANALYSIS 39
5.1 SUPPLY CHAIN ANALYSIS 39
5.1.1 RAW MATERIALS 39
5.1.2 THERMOFORMED PLASTIC MANUFACTURERS 40
5.1.3 DISTRIBUTION & SALES CHANNELS 40
5.1.4 END USERS 40
5.2 PORTER’S FIVE FORCES MODEL 41
5.2.1 THREAT OF NEW ENTRANTS 41
5.2.2 BARGAINING POWER OF SUPPLIERS 42
5.2.3 THREAT OF SUBSTITUTES 42
5.2.4 BARGAINING POWER OF BUYERS 42
5.2.5 INTENSITY OF RIVALRY 43
5.3 PRICING OVERVIEW, BY REGION 43
5.4 IMPACT OF COVID 19 GLOBAL THERMOFORMED PLASTICS MARKET 44
5.4.1 IMPACT ON SUPPLY OF THERMOFORMED PLASTICS 44
5.4.2 IMPACT ON DEMAND FROM END-USE INDUSTRIES 45
6 GLOBAL THERMOFORMED PLASTIC MARKET, BY PRODUCT TYPE 46
6.1 OVERVIEW 46
6.1.1 THERMOFORMED PLASTIC: MARKET ESTIMATES & FORECAST BY PRODUCT TYPE, 2023–2030 47
6.1.2 THERMOFORMED PLASTIC: MARKET ESTIMATES & FORECAST BY PRODUCT TYPE, 2023–2030 49
6.2 POLYETHYLENE TEREPHTHALATE (PET) 50
6.2.1 POLYETHYLENE TEREPHTHALATE (PET): MARKET ESTIMATES & FORECAST BY REGION,2023–2030 50
6.2.2 POLYETHYLENE TEREPHTHALATE (PET): MARKET ESTIMATES & FORECAST BY REGION,2023–2030 51
6.3 POLYMETHYL METHACRYLATE (PMMA) 52
6.3.1 POLYMETHYL METHACRYLATE (PMMA): MARKET ESTIMATES & FORECAST BY REGION,2023–2030 52
6.3.2 POLYMETHYL METHACRYLATE (PMMA): MARKET ESTIMATES & FORECAST BY REGION,2023–2030 53
6.4 POLYETHYLENE (PE) 54
6.4.1 POLYETHYLENE (PE): MARKET ESTIMATES & FORECAST BY REGION,2023–2030 54
6.4.2 POLYETHYLENE (PE): MARKET ESTIMATES & FORECAST BY REGION,2023–2030 55
6.5 POLYPROPYLENE (PP) 56
6.5.1 POLYPROPYLENE (PP): MARKET ESTIMATES & FORECAST BY REGION,2023–2030 56
6.5.2 POLYPROPYLENE (PP): MARKET ESTIMATES & FORECAST BY REGION,2023–2030 57
6.6 POLYSTYRENE (PS) 58
6.6.1 POLYSTYRENE (PS): MARKET ESTIMATES & FORECAST BY REGION,2023–2030 58
6.6.2 POLYSTYRENE (PS): MARKET ESTIMATES & FORECAST BY REGION,2023–2030 59
6.7 ACRYLONITRILE BUTADIENE STYRENE (ABS) 60
6.7.1 ACRYLONITRILE BUTADIENE STYRENE (ABS): MARKET ESTIMATES & FORECAST BY REGION,2023–2030 60
6.7.2 ACRYLONITRILE BUTADIENE STYRENE (ABS): MARKET ESTIMATES & FORECAST BY REGION,2023–2030 61
6.8 POLYVINYL CHLORIDE (PVC) 62
6.8.1 POLYVINYL CHLORIDE (PVC): MARKET ESTIMATES & FORECAST BY REGION,2023–2030 62
6.8.2 POLYVINYL CHLORIDE (PVC): MARKET ESTIMATES & FORECAST BY REGION,2023–2030 63
6.9 HIGH IMPACT POLYSTYRENE (HIPS) 64
6.9.1 HIGH IMPACT POLYSTYRENE (HIPS): MARKET ESTIMATES & FORECAST BY REGION, 2023–2030 64
6.9.2 HIGH IMPACT POLYSTYRENE (HIPS): MARKET ESTIMATES & FORECAST BY REGION, 2023–2030 65
6.10 BIODEGRADABLE POLYMER 66
6.10.1 BIODEGRADABLE POLYMER: MARKET ESTIMATES & FORECAST BY REGION,2023–2030 66
6.10.2 BIODEGRADABLE POLYMER: MARKET ESTIMATES & FORECAST BY REGION,2023–2030 67
6.11 OTHERS 68
6.11.1 OTHERS: MARKET ESTIMATES & FORECAST BY REGION,2023–2030 68
6.11.2 OTHERS: MARKET ESTIMATES & FORECAST BY REGION,2023–2030 69
7 GLOBAL THERMOFORMED PLASTIC MARKET, BY PROCESS 70
7.1 OVERVIEW 70
7.1.1 THERMOFORMED PLASTIC: MARKET ESTIMATES & FORECAST BY PROCESS, 2023–2030 71
7.1.2 THERMOFORMED PLASTIC: MARKET ESTIMATES & FORECAST BY PROCESS, 2023–2030 72
7.2 VACUUM FORMING 72
7.2.1 VACUUM FORMING: MARKET ESTIMATES & FORECAST BY REGION,2023–2030 72
7.3 PRESSURE FORMING 73
7.3.1 PRESSURE FORMING: MARKET ESTIMATES & FORECAST BY REGION,2023–2030 73
7.4 MECHANICAL FORMING 74
7.4.1 MECHANICAL FORMING: MARKET ESTIMATES & FORECAST BY REGION,2023–2030 74
8 GLOBAL THERMOFORMED PLASTIC MARKET, BY APPLICATION 76
8.1 OVERVIEW 76
8.1.1 THERMOFORMED PLASTIC: MARKET ESTIMATES & FORECAST BY APPLICATION, 2023–2030 77
8.1.2 THERMOFORMED PLASTIC: MARKET ESTIMATES & FORECAST BY APPLICATION, 2023–2030 78
8.2 PACKAGING 79
8.2.1 PACKAGING: MARKET ESTIMATES & FORECAST BY REGION,2023–2030 79
8.3 CONSTRUCTION 80
8.3.1 CONSTRUCTION: MARKET ESTIMATES & FORECAST BY REGION,2023–2030 80
8.4 AUTOMOTIVE 81
8.4.1 AUTOMOTIVE: MARKET ESTIMATES & FORECAST BY REGION,2023–2030 81
8.5 ELECTRICAL & ELECTRONICS 83
8.5.1 ELECTRICAL & ELECTRONICS: MARKET ESTIMATES & FORECAST BY REGION,2023–2030 83
8.6 CONSUMER GOODS 84
8.6.1 CONSUMER GOODS: MARKET ESTIMATES & FORECAST BY REGION,2023–2030 84
8.7 OTHERS 86
8.7.1 OTHERS: MARKET ESTIMATES & FORECAST BY REGION,2023–2030 86
9 GLOBAL THERMOFORMED PLASTIC MARKET, BY REGION 88
9.1 OVERVIEW 88
9.2 NORTH AMERICA 91
9.2.1 US 96
9.2.2 CANADA 100
9.2.3 MEXICO 104
9.3 EUROPE 108
9.3.1 GERMANY 113
9.3.2 UK 117
9.3.3 FRANCE 121
9.3.4 ITALY 125
9.3.5 SPAIN 129
9.3.6 RUSSIA 133
9.3.7 NETHERLANDS 137
9.3.8 REST OF EUROPE 141
9.4 ASIA PACIFIC 145
9.4.1 CHINA 150
9.4.2 INDIA 154
9.4.3 JAPAN 158
9.4.4 SOUTH KOREA 162
9.4.5 AUSTRALIA AND NEW-ZEALAND 166
9.4.6 MALAYSIA 170
9.4.7 SINGAPORE 174
9.4.8 REST OF ASIA-PACIFIC 178
9.5 SOUTH AMERICA 182
9.5.1 BRAZIL 187
9.5.2 CHILE 191
9.5.3 ARGENTINA 195
9.5.4 PERU 199
9.5.5 COLUMBIA 203
9.5.6 REST OF SOUTH AMERICA 207
9.6 MIDDLE EAST & AFRICA 211
9.6.1 SAUDI ARABIA 216
9.6.2 EGYPT 220
9.6.3 TURKEY 224
9.6.4 UAE 228
9.6.5 QATAR 232
9.6.6 REST OF MIDDLE EAST & AFRICA 236
9.7 COMPETITIVE OVERVIEW 240
9.8 GLOBAL MARKET STRATEGY ANALYSIS 240
9.9 COMPETITIVE BENCHMARKING 241
10 COMPANY PROFILES 244
10.1 SABERT CORPORATION 244
10.1.1 COMPANY OVERVIEW 244
10.1.2 FINANCIAL OVERVIEW 244
10.1.3 PRODUCTS OFFERED 244
10.1.4 KEY DEVELOPMENTS 245
10.1.5 SWOT ANALYSIS 245
10.1.6 KEY STRATEGIES 246
10.2 SONOCO PRODUCTS COMPANY 247
10.2.1 COMPANY OVERVIEW 247
10.2.2 FINANCIAL OVERVIEW 248
10.2.3 PRODUCTS OFFERED 248
10.2.4 KEY DEVELOPMENTS 249
10.2.5 SWOT ANALYSIS 249
10.2.6 KEY STRATEGIES 249
10.3 FABRI-KAL CORPORATION 250
10.3.1 COMPANY OVERVIEW 250
10.3.2 FINANCIAL OVERVIEW 251
10.3.3 PRODUCTS OFFERED 252
10.3.4 KEY DEVELOPMENTS 252
10.3.5 SWOT ANALYSIS 253
10.3.6 KEY STRATEGIES 253
10.4 PREGIS LLC. 254
10.4.1 COMPANY OVERVIEW 254
10.4.2 FINANCIAL OVERVIEW 254
10.4.3 PRODUCTS OFFERED 254
10.4.4 KEY DEVELOPMENTS 255
10.4.5 SWOT ANALYSIS 256
10.4.6 KEY STRATEGIES 256
10.5 GENPAK, LLC 257
10.5.1 COMPANY OVERVIEW 257
10.5.2 FINANCIAL OVERVIEW 257
10.5.3 PRODUCTS OFFERED 257
10.5.4 KEY DEVELOPMENTS 258
10.5.5 SWOT ANALYSIS 258
10.5.6 KEY STRATEGIES 258
10.6 PLACON CORPORATION 259
10.6.1 COMPANY OVERVIEW 259
10.6.2 FINANCIAL OVERVIEW 259
10.6.3 PRODUCTS OFFERED 259
10.6.4 KEY DEVELOPMENTS 259
10.6.5 SWOT ANALYSIS 260
10.6.6 KEY STRATEGIES 260
10.7 UFP TECHNOLOGIES, INC. 261
10.7.1 COMPANY OVERVIEW 261
10.7.2 FINANCIAL OVERVIEW 262
10.7.3 PRODUCTS OFFERED 262
10.7.4 KEY DEVELOPMENTS 263
10.7.5 SWOT ANALYSIS 263
10.7.6 KEY STRATEGIES 263
10.8 BERRY GLOBAL GROUP, INC. 264
10.8.1 COMPANY OVERVIEW 264
10.8.2 FINANCIAL OVERVIEW 265
10.8.3 PRODUCTS OFFERED 266
10.8.4 KEY DEVELOPMENTS 266
10.8.5 SWOT ANALYSIS 267
10.8.6 KEY STRATEGIES 267
10.9 ANCHOR PACKAGING LLC 268
10.9.1 COMPANY OVERVIEW 268
10.9.2 FINANCIAL OVERVIEW 268
10.9.3 PRODUCTS OFFERED 268
10.9.4 KEY DEVELOPMENTS 269
10.9.5 SWOT ANALYSIS 269
10.9.6 KEY STRATEGIES 269
10.10 ZHUHAI ZHONGFU INDUSTRIAL CO., LTD. 270
10.10.1 COMPANY OVERVIEW 270
10.10.2 FINANCIAL OVERVIEW 270
10.10.3 PRODUCTS OFFERED 271
10.10.4 KEY DEVELOPMENTS 271
10.10.5 SWOT ANALYSIS 271
10.10.6 KEY STRATEGIES 272
11 APPENDIX 273
11.1 REFERENCES 273
11.2 RELATED REPORTS 274
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