Thermoformed Plastics Global Market Report 2021 - COVID-19 Growth and Change

The global Thermoformed Plastics market size is estimated at 60.84 billion USD with a CAGR of 5.9% during the forecasted period from 2021-2028.

Market Overview

The global Thermoformed Plastics market size is estimated at 60.84 billion USD with a CAGR of 5.9% during the forecasted period from 2021-2028. A plastic manufacturing process wherein force such as pressure or vacuum is applied to a sheet of heated thermoplastic material to create a desired shape is referred to a thermoformed plastic. The key factor that drives the growth of global Thermoformed Plastics market is its demand for wide range of applications such as pharmaceutical, food, electronics, automotive, etc. In addition, rapid industrialization along with rise in construction activities in emerging nations is projected to fuel the market size. Moreover, changing standard of living and spending capacity is positively impacting the market growth. There is an increasing popularity of shopping and high demand of packaged food pertaining to hygiene concerns. Also, its extensive use in automotive segment for external and internal parts of automobile is thriving the market growth. On the other hand, unstable price of raw materials and high labor cost may pose a threat to the global Thermoformed Plastics market. Also, strict government guidelines for usage of plastic may hamper the market growth.

Market Dynamics

Robust demand in food packaging, healthcare & medical, automotive packaging, electrical & electronics and other industries, and a high adoption in healthcare sector owing to its anti-bacterial property, and resistance to odor and moisture are the major factors driving the growth of the global thermoformed plastics market. However, high labor cost and fluctuating raw material prices are the major hindrances for the market growth. Moreover, rapid industrialization and infrastructure development activities especially in emerging economies is likely to gain significant impetus for the thermoformed plastics market share in the forthcoming years.

Market Segmentation

The study provides a crucial view of the thermoformed plastics by segmenting the market based on the product, process, application, and geography. The product segment includes acrylonitrile butadiene styrene (ABS), bio-degradable polymers, high impact polystyrene (HIPS), poly vinyl chloride (PVC), polyethylene (PE), polymethyl methacrylate (PMMA), polypropylene (PP), and polystyrene (PS). Plug assist forming, thick gauge thermoforming, thin gauge thermoforming, and vacuum snapback are the classification of the Process segment. On the basis of application, the segment can be bifurcated into healthcare & medical, food packaging, electrical & electronics, automotive packaging, construction, consumer goods & appliances, and others. Furthermore, geographical coverage has been offered for each of the major regions including North America, Asia-Pacific, Europe, Row, and South America.

Scope of the Global Thermoformed Plastics Market

By Product
  • Acrylonitrile Butadiene Styrene (ABS)
  • Bio-degradable Polymers
  • High Impact Polystyrene (HIPS)
  • Poly Vinyl Chloride (PVC)
  • Polyethylene (PE)
  • Polymethyl Methacrylate (PMMA)
  • Polypropylene (PP)
  • Polystyrene (PS)
By Process
  • Plug Assist Forming
  • Thick Gauge Thermoforming
  • Thin Gauge Thermoforming
  • Vacuum Snapback
By Application
  • Automotive Packaging
  • Consumer Goods & Appliances
  • Construction
  • Electrical & Electronics
  • Food Packaging
  • Healthcare & Medical
  • Others
By Geography
  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • France
    • Germany
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Korea
    • Rest of APAC
  • South America
    • Brazil
    • Rest of South America
  • Rest of the World
    • Middle East
    • Africa

TABLE OF CONTENTS Chapter 1 Introduction 1.1 Executive Summary 1.2 Market Definition 1.3 Market Scope Chapter 2 Research Methodology 2.1 Primary Research 2.2 Research Methodology 2.3 Assumptions & Exclusions 2.4 Secondary Data Products Chapter 3 Market Overview 3.1 Report Segmentation & Scope 3.2 Key Market Trends 3.2.1 Drivers 3.2.2 Restraints 3.2.3 Opportunities 3.3 Porter’s Five Forces Analysis 3.4 Market Share Analysis Chapter 4 Global Thermoformed Plastics Market by Product: Market Size and Forecast, 2018 – 2026 4.1 Introduction 4.1.1 Market Size and Forecast 4.2 Acrylonitrile Butadiene Styrene (ABS) 4.2.1 Market Size and Forecast 4.3 Bio-degradable Polymers 4.3.1 Market Size and Forecast 4.4 High Impact Polystyrene (HIPS) 4.4.1 Market Size and Forecast 4.5 Poly Vinyl Chloride (PVC) 4.5.1 Market Size and Forecast 4.6 Polyethylene (PE) 4.6.1 Market Size and Forecast 4.7 Polymethyl Methacrylate (PMMA) 4.7.1 Market Size and Forecast 4.8 Polypropylene (PP) 4.8.1 Market Size and Forecast 4.9 Polystyrene (PS) 4.9.1 Market Size and Forecast Chapter 5 Global Thermoformed Plastics Market by Process: Market Size and Forecast, 2018 – 2026 5.1 Introduction 5.1.1 Market Size and Forecast 5.2 Plug Assist Forming 5.2.1 Market Size and Forecast 5.3 Thick Gauge Thermoforming 5.3.1 Market Size and Forecast 5.4 Thick Gauge Thermoforming 5.4.1 Market Size and Forecast 5.5 Vaccum Snapback 5.5.1 Market Size and Forecast Chapter 6 Global Thermoformed Plastics Market by Application: Market Size and Forecast, 2018 – 2026 6.1 Introduction 6.1.1 Market Size and Forecast 6.2 Automotive Packaging 6.2.1 Market Size and Forecast 6.3 Consumer Goods & Appliances 6.3.1 Market Size and Forecast 6.4 Electrical & Electronics 6.4.1 Market Size and Forecast 6.5 Food Packaging 6.5.1 Market Size and Forecast 6.6 Healthcare & Medical 6.6.1 Market Size and Forecast 6.7 Others 6.7.1 Market Size and Forecast Chapter 7 Global Thermoformed Plastics Market by Geography: Market Size and Forecast, 2018 – 2026 7.1 Introduction 7.1.1 Market Size and Forecast 7.2 North America 7.2.1 North America Market Size & Forecast, By Country 7.2.2 North America Market Size & Forecast, By Product 7.2.3 North America Market Size & Forecast, By Process 7.2.4 North America Market Size & Forecast, By Application 7.2.5 The U.S. 7.2.5.1 Market Size and Forecast 7.2.6 Canada 7.2.6.1 Market Size and Forecast 7.2.7 Mexico 7.2.7.1 Market Size and Forecast 7.3 Europe 7.3.1 Europe Market Size and Forecast, By Country 7.3.2 Europe Market Size and Forecast, By Product 7.3.3 Europe Market Size and Forecast, By Process 7.3.4 Europe Market Size & Forecast, By Application 7.3.5 UK 7.3.5.1 Market Size and Forecast 7.3.6 Germany 7.3.6.1 Market Size and Forecast 7.3.7 France 7.3.7.1 Market Size and Forecast 7.3.8 Italy 7.3.8.1 Market Size and Forecast 7.3.9 Spain 7.3.9.1 Market Size and Forecast 7.3.10 Rest of Europe 7.3.10.1 Market Size and Forecast 7.4 Asia-Pacific 7.4.1 Asia-Pacific Market Size and Forecast, By Country 7.4.2 Asia-Pacific Market Size and Forecast, By Product 7.4.3 Asia-Pacific Market Size and Forecast, By Process 7.4.4 Asia-Pacific Market Size and Forecast, By Application 7.4.5 India 7.4.5.1 Market Size and Forecast 7.4.6 China 7.4.6.1 Market Size and Forecast 7.4.7 Australia 7.4.7.1 Market Size and Forecast 7.4.8 Japan 7.4.8.1 Market Size and Forecast 7.4.9 South Korea 7.4.9.1 Market Size and Forecast 7.4.10 Rest of Asia-Pacific 7.4.10.1 Market Size and Forecast 7.5 South America 7.5.1 South America Market Size and Forecast, By Country 7.5.2 South America Market Size and Forecast, By Product 7.5.3 South America Market Size and Forecast, By Process 7.5.4 South America Market Size and Forecast, By Application 7.5.5 Brazil 7.5.5.1 Market Size and Forecast 7.5.6 Rest of South America 7.5.6.1 Market Size and Forecast 7.6 RoW 7.6.1 RoW Market Size and Forecast, By Country 7.6.2 RoW Market Size and Forecast, By Product 7.6.3 RoW Market Size and Forecast, By Process 7.6.4 RoW Market Size and Forecast, By Application 7.6.5 Middle East 7.6.5.1 Market Size and Forecast 7.6.6 Africa 7.6.6.1 Market Size and Forecast Chapter 8 Company Profiles 8.1 Brentwood Industries 8.2 D&W Fine Pack LLC 8.3 Genpak, LLC 8.4 Graham Packaging Company 8.5 Pactiv LLC 8.6 Placon 8.7 Silgan Plastics 8.8 Sonoco Products Company 8.9 Spencer Industries Incorporated 8.10 Wilbert Plastic Services, Inc.

Thermoformed Plastics Market Key Players
  • Brentwood Industries
  • D&W Fine Pack LLC
  • Genpak, LLC
  • Graham Packaging Company
  • Pactiv LLC
  • Placon
  • Silgan Plastics
  • Sonoco Products Company
  • Spencer Industries Incorporated
  • Wilbert Plastic Services, Inc.

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Report Highlights:

Complete overview of market
Major drivers, restrain, opportunities, and challenges of the market
Market Trends and how they are boosting the market growth
Changing dynamics in the Market
Complete overview of the market
Historical, Base year, projected, and current market size in terms of value and volume
COVID-19 Impact analysis of the market
Current industry trends and developments

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