Market Overview:
The global thermoformed plastics market reached a value of US$ XX Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Thermoformed plastics refer to synthetic and semi-synthetic materials that are manufactured and processed using the thermoforming process. They are produced by heating sheets of acrylics, bio-degradable polymers, polycarbonates, acrylonitrile butadiene styrene (ABS) and polyvinyl chloride (PVC) until they reach a pliable temperature and are further shaped and trimmed in the desired shape of the final product. Thermoformed plastics are also manufactured using vacuum snapback, plug assist forming and thick and thin gauge thermoforming techniques. They offer enhanced aesthetic and design flexibility, convenience for manufacturing large-sized components, optimal utilization of the raw materials and low manufacturing costs. As a result, thermoformed plastics are widely used for the production of automotive dashboards, seats, interior panels, air ducts and bumpers, light fixtures and electrical panels.
Thermoformed Plastics Market Trends:
The increasing requirement for effective packaging solutions across industries is one of the key factors driving the growth of the market. Thermoformed plastics are widely used for the manufacturing of retail clamshell packaging, packaging blisters, shipping trays and packaging inserts. Moreover, the widespread product adoption in the food and beverage industry is providing a thrust to the market growth. Thermoformed plastics are extensively used for sealing food products as they provide barrier properties against bacteria, odor and moisture particles. They are also utilized in the medical industry for the production of prefilled syringes, pharmaceutical bottles, capsules, tablets and electronic systems. Additionally, the increasing adoption of in-mold labeling (IML) technique that involves the fusing of paper labels with the body of plastic containers is acting as another growth-inducing factor. IML technique enables the product manufacturers to develop aesthetically appealing and intricately designed labels and provide the content information with enhanced clarity. Other factors, including the proliferation of online retail platforms and multi-brand convenience stores, along with the increasing concerns regarding hygiene and product safety among the masses, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global thermoformed plastics market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on product, process and application.
Breakup by Product:
- Polymethyl Methacrylate (PMMA)
- Bio-degradable Polymers
- Polyethylene (PE)
- Acrylonitrile Butadiene Styrene (ABS)
- Poly Vinyl Chloride (PVC)
- High Impact Polystyrene (HIPS)
- Polystyrene (PS)
- Polypropylene (PP)
Breakup by Process:
- Plug Assist Forming
- Thick Gauge Thermoforming
- Thin Gauge Thermoforming
- Vacuum Snapback
Breakup by Application:
- Healthcare and Medical
- Food Packaging
- Electrical and Electronics
- Automotive Packaging
- Construction
- Consumer Goods and Appliances
- Others
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Amcor plc, Anchor Packaging LLC, Berry Global Inc, Brentwood Industries Inc., D&W Fine Pack, Dart Container Corporation, Fabri-Kal Corp. (Two Mitts Inc.), Genpak LLC (C-P Flexible Packaging), Greiner Packaging GmbH, Pactiv LLC, Placon Corporation, Sabert Corporation and Sonoco Products Company.
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2020 |
| Historical Period |
2015-2020 |
| Forecast Period |
2021-2026 |
| Units |
US$ Billion |
| Segment Coverage |
Product, Process, Application, Region |
| Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered |
Amcor plc, Anchor Packaging LLC, Berry Global Inc, Brentwood Industries Inc., D&W Fine Pack, Dart Container Corporation, Fabri-Kal Corp. (Two Mitts Inc.), Genpak LLC (C-P Flexible Packaging), Greiner Packaging GmbH, Pactiv LLC, Placon Corporation, Sabert Corporation and Sonoco Products Company. |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global thermoformed plastics market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global thermoformed plastics market?
- What are the key regional markets?
- What is the breakup of the market based on the product?
- What is the breakup of the market based on the process?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global thermoformed plastics market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Thermoformed Plastics Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product
6.1 Polymethyl Methacrylate (PMMA)
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Bio-degradable Polymers
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Polyethylene (PE)
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Acrylonitrile Butadiene Styrene (ABS)
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Poly Vinyl Chloride (PVC)
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 High Impact Polystyrene (HIPS)
6.6.1 Market Trends
6.6.2 Market Forecast
6.7 Polystyrene (PS)
6.7.1 Market Trends
6.7.2 Market Forecast
6.8 Polypropylene (PP)
6.8.1 Market Trends
6.8.2 Market Forecast
7 Market Breakup by Process
7.1 Plug Assist Forming
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Thick Gauge Thermoforming
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Thin Gauge Thermoforming
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Vacuum Snapback
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Application
8.1 Healthcare and Medical
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Food Packaging
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Electrical and Electronics
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Automotive Packaging
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Construction
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Consumer Goods and Appliances
8.6.1 Market Trends
8.6.2 Market Forecast
8.7 Others
8.7.1 Market Trends
8.7.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Amcor plc
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Anchor Packaging LLC
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 Berry Global Inc
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 Brentwood Industries Inc.
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 D&W Fine Pack
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 Dart Container Corporation
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 Fabri-Kal Corp. (Two Mitts Inc.)
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 Genpak LLC (C-P Flexible Packaging)
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Greiner Packaging GmbH
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 Pactiv LLC
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 SWOT Analysis
14.3.11 Placon Corporation
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.12 Sabert Corporation
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.13 Sonoco Products Company
14.3.13.1 Company Overview
14.3.13.2 Product Portfolio
List of Figures
Figure 1: Global: Thermoformed Plastics Market: Major Drivers and Challenges
Figure 2: Global: Thermoformed Plastics Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Thermoformed Plastics Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 4: Global: Thermoformed Plastics Market: Breakup by Product (in %), 2020
Figure 5: Global: Thermoformed Plastics Market: Breakup by Process (in %), 2020
Figure 6: Global: Thermoformed Plastics Market: Breakup by Application (in %), 2020
Figure 7: Global: Thermoformed Plastics Market: Breakup by Region (in %), 2020
Figure 8: Global: Thermoformed Plastics (Polymethyl Methacrylate-PMMA) Market: Sales Value (in Million US$), 2015 & 2020
Figure 9: Global: Thermoformed Plastics (Polymethyl Methacrylate-PMMA) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 10: Global: Thermoformed Plastics (Bio-degradable Polymers) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Global: Thermoformed Plastics (Bio-degradable Polymers) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Global: Thermoformed Plastics (Polyethylene-PE) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Global: Thermoformed Plastics (Polyethylene-PE) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Global: Thermoformed Plastics (Acrylonitrile Butadiene Styrene-ABS) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Global: Thermoformed Plastics (Acrylonitrile Butadiene Styrene-ABS) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Global: Thermoformed Plastics (Poly Vinyl Chloride-PVC) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Global: Thermoformed Plastics (Poly Vinyl Chloride-PVC) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Global: Thermoformed Plastics (High Impact Polystyrene-HIPS) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Global: Thermoformed Plastics (High Impact Polystyrene-HIPS) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Global: Thermoformed Plastics (Polystyrene-PS) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Global: Thermoformed Plastics (Polystyrene-PS) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: Global: Thermoformed Plastics (Polypropylene-PP) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: Global: Thermoformed Plastics (Polypropylene-PP) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: Global: Thermoformed Plastics (Plug Assist Forming) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: Global: Thermoformed Plastics (Plug Assist Forming) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: Global: Thermoformed Plastics (Thick Gauge Thermoforming) Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: Global: Thermoformed Plastics (Thick Gauge Thermoforming) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: Global: Thermoformed Plastics (Thin Gauge Thermoforming) Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: Global: Thermoformed Plastics (Thin Gauge Thermoforming) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: Global: Thermoformed Plastics (Vacuum Snapback) Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: Global: Thermoformed Plastics (Vacuum Snapback) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: Global: Thermoformed Plastics (Healthcare and Medical) Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: Global: Thermoformed Plastics (Healthcare and Medical) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 34: Global: Thermoformed Plastics (Food Packaging) Market: Sales Value (in Million US$), 2015 & 2020
Figure 35: Global: Thermoformed Plastics (Food Packaging) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 36: Global: Thermoformed Plastics (Electrical and Electronics) Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: Global: Thermoformed Plastics (Electrical and Electronics) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 38: Global: Thermoformed Plastics (Automotive Packaging) Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: Global: Thermoformed Plastics (Automotive Packaging) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 40: Global: Thermoformed Plastics (Construction) Market: Sales Value (in Million US$), 2015 & 2020
Figure 41: Global: Thermoformed Plastics (Construction) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 42: Global: Thermoformed Plastics (Consumer Goods and Appliances) Market: Sales Value (in Million US$), 2015 & 2020
Figure 43: Global: Thermoformed Plastics (Consumer Goods and Appliances) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 44: Global: Thermoformed Plastics (Other Applications) Market: Sales Value (in Million US$), 2015 & 2020
Figure 45: Global: Thermoformed Plastics (Other Applications) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 46: North America: Thermoformed Plastics Market: Sales Value (in Million US$), 2015 & 2020
Figure 47: North America: Thermoformed Plastics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 48: United States: Thermoformed Plastics Market: Sales Value (in Million US$), 2015 & 2020
Figure 49: United States: Thermoformed Plastics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 50: Canada: Thermoformed Plastics Market: Sales Value (in Million US$), 2015 & 2020
Figure 51: Canada: Thermoformed Plastics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 52: Asia-Pacific: Thermoformed Plastics Market: Sales Value (in Million US$), 2015 & 2020
Figure 53: Asia-Pacific: Thermoformed Plastics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 54: China: Thermoformed Plastics Market: Sales Value (in Million US$), 2015 & 2020
Figure 55: China: Thermoformed Plastics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 56: Japan: Thermoformed Plastics Market: Sales Value (in Million US$), 2015 & 2020
Figure 57: Japan: Thermoformed Plastics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 58: India: Thermoformed Plastics Market: Sales Value (in Million US$), 2015 & 2020
Figure 59: India: Thermoformed Plastics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 60: South Korea: Thermoformed Plastics Market: Sales Value (in Million US$), 2015 & 2020
Figure 61: South Korea: Thermoformed Plastics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 62: Australia: Thermoformed Plastics Market: Sales Value (in Million US$), 2015 & 2020
Figure 63: Australia: Thermoformed Plastics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 64: Indonesia: Thermoformed Plastics Market: Sales Value (in Million US$), 2015 & 2020
Figure 65: Indonesia: Thermoformed Plastics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 66: Others: Thermoformed Plastics Market: Sales Value (in Million US$), 2015 & 2020
Figure 67: Others: Thermoformed Plastics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 68: Europe: Thermoformed Plastics Market: Sales Value (in Million US$), 2015 & 2020
Figure 69: Europe: Thermoformed Plastics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 70: Germany: Thermoformed Plastics Market: Sales Value (in Million US$), 2015 & 2020
Figure 71: Germany: Thermoformed Plastics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 72: France: Thermoformed Plastics Market: Sales Value (in Million US$), 2015 & 2020
Figure 73: France: Thermoformed Plastics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 74: United Kingdom: Thermoformed Plastics Market: Sales Value (in Million US$), 2015 & 2020
Figure 75: United Kingdom: Thermoformed Plastics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 76: Italy: Thermoformed Plastics Market: Sales Value (in Million US$), 2015 & 2020
Figure 77: Italy: Thermoformed Plastics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 78: Spain: Thermoformed Plastics Market: Sales Value (in Million US$), 2015 & 2020
Figure 79: Spain: Thermoformed Plastics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 80: Russia: Thermoformed Plastics Market: Sales Value (in Million US$), 2015 & 2020
Figure 81: Russia: Thermoformed Plastics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 82: Others: Thermoformed Plastics Market: Sales Value (in Million US$), 2015 & 2020
Figure 83: Others: Thermoformed Plastics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 84: Latin America: Thermoformed Plastics Market: Sales Value (in Million US$), 2015 & 2020
Figure 85: Latin America: Thermoformed Plastics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 86: Brazil: Thermoformed Plastics Market: Sales Value (in Million US$), 2015 & 2020
Figure 87: Brazil: Thermoformed Plastics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 88: Mexico: Thermoformed Plastics Market: Sales Value (in Million US$), 2015 & 2020
Figure 89: Mexico: Thermoformed Plastics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 90: Others: Thermoformed Plastics Market: Sales Value (in Million US$), 2015 & 2020
Figure 91: Others: Thermoformed Plastics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 92: Middle East and Africa: Thermoformed Plastics Market: Sales Value (in Million US$), 2015 & 2020
Figure 93: Middle East and Africa: Thermoformed Plastics Market: Breakup by Country (in %), 2020
Figure 94: Middle East and Africa: Thermoformed Plastics Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 95: Global: Thermoformed Plastics Industry: SWOT Analysis
Figure 96: Global: Thermoformed Plastics Industry: Value Chain Analysis
Figure 97: Global: Thermoformed Plastics Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Thermoformed Plastics Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Thermoformed Plastics Market Forecast: Breakup by Product (in Million US$), 2021-2026
Table 3: Global: Thermoformed Plastics Market Forecast: Breakup by Process (in Million US$), 2021-2026
Table 4: Global: Thermoformed Plastics Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 5: Global: Thermoformed Plastics Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 6: Global: Thermoformed Plastics Market: Competitive Structure
Table 7: Global: Thermoformed Plastics Market: Key Players