Home » Thermoformed Plastic Products Market

Thermoformed Plastic Products Market By Application (Food, Appliances, Pharmaceutical, Automotive) – Growth, Future Prospects & Competitive Analysis, 2016 – 2023

Price: $4999

Published: | Report ID: 11226 | Report Format : PDF

Market Insights

The process of molding plastic sheets to the desired shape using pliable temperature and pressure is known as thermoforming. Plastic sheets, after molding, are trimmed to form a usable product. Thermoformed plastics find application in various food packaging, appliances, healthcare product packaging, and automobiles. Thermoforming plastics are preferred as the packaging material due to their low cost and the aesthetic appearance of the products.

The global thermoformed plastic market is expected to gain momentum with growing demand for food packaging products due to rising demand for convenience foods. Further, growing demand from the automobile industry for various lightweight parts with a focus on improving vehicle efficiency is anticipated to augment the growth of the thermoformed plastic market during the forecast period.

Moreover, an increasing number of applications in the automobile industry, such as bumpers, dashboards, and packaging of automobile parts, is anticipated to fuel the demand for thermoformed plastics over the forecast period (2016–2023). However, volatile raw material prices and high labor costs are expected to hamper the growth of the thermoformed plastic market during the forecast period (2016–2023).

North America is expected to be the largest region in the global thermoformed plastics market. Growing demand for convenience foods due to people’s changing lifestyles and busy schedules, combined with associated food packaging regulations, is expected to fuel demand for thermoformed plastics in the region.

Followed by it, Europe is anticipated to be the second largest region in the global thermoformed plastics market owing to an increasing focus on food packaging quality, favorable regulatory support, and upcoming events such as the FIFA World Cup 2018 in Russia, which are projected to fuel the demand for packing products, which in turn is anticipated to drive the demand for thermoformed plastics during the forecast period (2016-2023). Asia Pacific is anticipated to be the fastest-growing region among all the regions.

It offers the most attractive opportunity for the thermoformed plastics market due to the rapid growth in per capita income of the middle class in the region coupled with an increasing population, which is expected to augment the growth of the thermoformed plastics market during the forecast period (2016–2023). However, regulatory concerns over the recycling and disposal of plastic packaging waste are anticipated to hamper the demand for thermoformed plastic products during the forecast period (2016–2023).The global thermoformed plastics market is expected to be worth 381.4-kilo tonnes by the end of 2016 and to grow at a CAGR of 4.1% between 2016 and 2023.

Purpose of the Report

The purpose of this strategic research study titled “Global Thermoformed Plastics Market: Growth, Future Prospects, Competitive Analysis, and Forecast, 2016–2023” is to provide company executives, industry investors, and industry participants with in-depth insights to enable them to make informed strategic decisions regarding the opportunities in the global thermoformed plastics market.

Target Audience

  • Industry Investors
  • Research Professionals
  • Emerging Companies
  • Plastic packaging manufacturers
  • Food and Beverage Packaging Manufacturers
  • Automobile Manufactures
  • Research Institutes

On the basis of application, the global thermoformed plastics market is categorized into the following types:

  • Food
  • Appliances
  • Pharmaceutical
  • Automotive
  • Others

On the basis of application, the global thermoformed plastic market can be segmented into food, appliances, pharmaceuticals, automotive, and others.Among all applications, the food segment was anticipated to be the most dominant segment in 2016, accounting for the largest revenue share in the global thermoformed plastic products market.

Growing demand for food packaging products due to the increasing use of thermoformed plastics in the manufacturing of plastic products used for food packaging, coupled with increasing consumer awareness regarding the benefits of packaged food, is fueling the demand for thermoformed plastics. Healthcare is anticipated to be the fastest-growing segment due to the increasing use of thermoplastics in medical devices and in the packaging of healthcare products.

The segment is anticipated to gain significant market share by 2023. Growing inclination toward increased use of lightweight thermoformed plastic products to improve automobile efficiencies, as well as growing demand for thermoformed plastic packing products for the packaging of sensitive and costly automobile parts, is expected to drive the automobile segment’s growth over the forecast period (2016-2023).

Appliances and other segments are expected to collectively account for over 11.6% of the global thermoformed plastic market in 2016 and are anticipated to register steady growth over the forecast period (2016–2023).

On the basis of geography, the global thermoformed plastics market is segmented into the following categories:

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • France
    • The U.K.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-east Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of the Middle East and Africa

The global thermoformed plastics market is segmented on the basis of geography. North America is expected to be the largest region in the global thermoformed plastics market. Growing demand for convenience foods due to people’s changing lifestyles and busy schedules, combined with associated food packaging regulations, is expected to fuel demand for thermoformed plastics in the region.

Followed by it, Europe is anticipated to be the second largest region in the global thermoformed plastics market owing to a strong focus on food packaging quality supported by regulatory policies over food packaging, along with upcoming events such as the FIS Nordic World Ski Championships in Finland in 2017, the World Figure Skating Championships in Finland, The Crabbies Grand National in 2017, horse racing in England, and the FIFA World Cup 2018 in Russia, which are projected to fuel the demand for packaged food products, which in turn is anticipated to drive the demand for thermoformed plastics during the forecast period (2016-2023).

Asia Pacific is anticipated to be the fastest-growing region among all the regions. It offers the most attractive opportunity for the thermoformed plastics market due to the rapid growth in per capita income of the middle class in the region coupled with an increasing population. Further, upcoming events such as the 2017 Australian Open tennis in Melbourne, Australia, the 2018 commonwealth games in Queensland, Australia, and others are expected to drive the demand for packaged food, which in turn is projected to augment the growth of thermoformed plastics in the region during the forecast period (2016-2023).

1. Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase II-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted

2. Executive Summary
2.1. Global Thermoformed Plastics Market Snapshot
2.1.1. Global Thermoformed Plastics Market by Application, 2015
2.1.2. Global Thermoformed Plastics Market by Geography, 2015
2.1.3. Market Drivers, Challenges and Trends

3. Market Dynamics
3.1. Market Overview
3.2. Value Chain Analysis
3.3. Drivers
3.4. Challenges
3.5. Future Prospects
3.6. Impact Analysis of Drivers and Challenges
3.7. Porter’s Five Force Analysis
3.7.1. Bargaining Power Of Suppliers
3.7.2. Bargaining Power Of Buyers
3.7.3. Threat Of Substitutes
3.7.4. Threat Of New Entrants
3.7.5. Industry Rivalry

4. Global Thermoformed Plastics Market Size (Kilo Tons) (US$ Mn) , By Application, 2013 – 2023
4.1. Overview
4.1.1. Market Share Analysis by Application, 2015 vs. 2023
4.1.2. Attractive Investment Proportion by Application
4.2. Food
4.3. Appliances
4.4. Pharmaceutical
4.5. Automotive
4.6. Others

5. Global Thermoformed Plastics Market Size Market for Oil & Gas Industry, By Geography, 2013 – 2023
5.1. Overview
5.1.1. Market Share Analysis by Geography, 2015 vs. 2023
5.1.2. Attractive Investment Proportion by Geography
5.2. North America Thermoformed Plastics Market Analysis, 2013 – 2023
5.2.1. North America Thermoformed Plastics Market Size (Kilo Tons) (US$ Mn) , By Country, 2013 – 2023
5.2.1.1. U.S.
5.2.1.2. Canada
5.2.2. North America Thermoformed Plastics Market Size (Kilo Tons) (US$ Mn), By Application, 2013 – 2023
5.2.2.1. Food
5.2.2.2. Appliances
5.2.2.3. Pharmaceutical
5.2.2.4. Automotive
5.2.2.5. Others
5.3. Europe Thermoformed Plastics Market Analysis, 2013 – 2023
5.3.1. Europe Thermoformed Plastics Market Size (Kilo Tons) (US$ Mn), By Country, 2013 – 2023
5.3.1.1. Russia
5.3.1.2. U.K
5.3.1.3. Rest of Europe
5.3.2. Europe Thermoformed Plastics Market Size (Kilo Tons) (US$ Mn), By Application, 2013 – 2023
5.3.2.1. Food
5.3.2.2. Appliances
5.3.2.3. Pharmaceutical
5.3.2.4. Automotive
5.3.2.5. Others
5.4. Asia Pacific Thermoformed Plastics Market Analysis, 2013 – 2023
5.4.1. Asia Pacific Thermoformed Plastics Market Size (Kilo Tons) (US$ Mn), By Country, 2013 – 2023
5.4.1.1. China
5.4.1.2. India
5.4.1.3. Rest of Asia Pacific
5.4.2. Asia Pacific Thermoformed Plastics Market Size (Kilo Tons) (US$ Mn), By Application, 2013 – 2023
5.4.2.1. Food
5.4.2.2. Appliances
5.4.2.3. Pharmaceutical
5.4.2.4. Automotive
5.4.2.5. Others
5.5. Latin America Thermoformed Plastics Market Analysis, 2013 – 2023
5.5.1. Latin America Thermoformed Plastics Market Size (Kilo Tons) (US$ Mn), By Country, 2013 – 2023
5.5.1.1. Brazil
5.5.1.2. Mexico
5.5.1.3. Rest of Latin America
5.5.2. Latin America Thermoformed Plastics Market Size (Kilo Tons) (US$ Mn), By Application, 2013 – 2023
5.5.2.1. Food
5.5.2.2. Appliances
5.5.2.3. Pharmaceutical
5.5.2.4. Automotive
5.5.2.5. Others
5.6. Middle East & Africa (MEA) Thermoformed Plastics Market Analysis, 2013 – 2023
5.6.1. MEA Thermoformed Plastics Market Size (Kilo Tons) (US$ Mn), By Country, 2013 – 2023
5.6.1.1. GCC
5.6.1.2. Rest of MEA
5.6.2. MEA Thermoformed Plastics Market Size (Kilo Tons) (US$ Mn), By Application, 2013 – 2023
5.6.2.1. Food
5.6.2.2. Appliances
5.6.2.3. Pharmaceutical
5.6.2.4. Automotive
5.6.2.5. Others

6. Company Profiles
6.1. Competitive Dashboard
6.2. Key Players
6.2.1. Anchor Packaging
6.2.1.1. Business Description
6.2.1.2. Financial Information
6.2.1.3. Product Positions/Portfolio
6.2.1.4. Key Developments
6.2.2. Associated Packaging Technologies
6.2.3. Brentwood Industries
6.2.4. Clear Lam Packaging
6.2.5. D&W Fine Pack
6.2.6. Pactiv
6.2.7. Peninsula Packaging
6.2.8. Graham Packaging
6.2.9. Huhtamaki Group
6.2.10. Silgan Plastics
6.2.11. Other Notable Players

List of Figures

Figure 1: Global Thermoformed Plastics Market Revenue (US$ Mn) and Volume (Kilo Tons) Forecast, 2016-2023
Figure 2: Global Thermoformed Plastics Market YOY Growth (%) Comparison, 2016-2023
Figure 3: Global Thermoformed Plastics Market Share (%) Analysis Forecast, by Application, 2016-2023
Figure 4: Global Thermoformed Plastics Market Investment Proportion by Application, 2016-2023
Figure 5: Global Thermoformed Plastics Market YOY (%) Comparison by Geography, 2016-2023
Figure 6: Global Thermoformed Plastics Market Share (%) Analysis, by Geography, 2016-2023
Figure 7: Global Thermoformed Plastics Market Investment Proportion by Geography, 2016-2023
Figure 8: North America Thermoformed Plastics Market Revenue (US$ Mn) and Volume (Kilo Tons) Forecast by Country, 2016-2023
Figure 9: North America Thermoformed Plastics Market Share Analysis by Country, 2016-2023
Figure 10: North America Thermoformed Plastics Market Investment Proportion by Country
Figure 11: Europe Thermoformed Plastics Market Revenue (US$ Mn) and Volume (Kilo Tons) Forecast by Country, 2016-2023
Figure 12: Europe Thermoformed Plastics Market Share Analysis by Country, 2016-2023
Figure 13: Europe Thermoformed Plastics Market Investment Proportion by Country, 2016-2023
Figure 14: Asia Pacific Thermoformed Plastics Market Revenue (US$ Mn) and Volume (Kilo Tons) Forecast by Country, 2016-2023
Figure 15: Asia Pacific Thermoformed Plastics Market Share Analysis by Country, 2016-2023
Figure 16: Asia Pacific Thermoformed Plastics Market Investment Proportion by Country, 2016-2023
Figure 17: Latin America Thermoformed Plastics Market Revenue (US$ Mn) and Volume (Kilo Tons) Forecast by Country, 2016-2023
Figure 18: Latin America Thermoformed Plastics Market Share Analysis by Country, 2016-2023
Figure 19: Latin America Thermoformed Plastics Market Investment Proportion by Country, 2016-2023
Figure 20: Middle East & Africa (MEA) Thermoformed Plastics Market Revenue (US$ Mn) and Volume (Kilo Tons) Forecast by Country, 2016-2023
Figure 21: Middle East & Africa Thermoformed Plastics Market Share Analysis by Country, 2016-2023
Figure 22: Middle East & Africa Thermoformed Plastics Market Investment Proportion by Country, 2016-2023

List of Tables

Table 1: Global Thermoformed Plastics Market Revenue (US$ Mn) and Volume (Kilo Tons) Forecast, by Application, 2016-2023
Table 2: Global Thermoformed Plastics Market Revenue (US$ Mn) and Volume (Kilo Tons) Forecast, by Geography, 2016-2023
Table 3: North America Thermoformed Plastics Market Revenue (US$ Mn) and Volume (Kilo Tons) Forecast, by Country, 2016-2023
Table 4: North America Thermoformed Plastics Market Revenue (US$ Mn) and Volume (Kilo Tons) Forecast, by Application, 2016-2023
Table 7: Europe Thermoformed Plastics Market Revenue (US$ Mn) and Volume (Kilo Tons) Forecast, by Country, 2016-2023
Table 8: Europe Thermoformed Plastics Market Revenue (US$ Mn) and Volume (Kilo Tons) Forecast, by Application, 2016-2023
Table 9: Asia Pacific Thermoformed Plastics Market Revenue (US$ Mn) and Volume (Kilo Tons) Forecast, by Country, 2016-2023
Table 10: Asia Pacific Thermoformed Plastics Market Revenue (US$ Mn) and Volume (Kilo Tons) Forecast, by Application, 2016-2023
Table 11: Latin America Thermoformed Plastics Market Revenue (US$ Mn) and Volume (Kilo Tons) Forecast, by Country, 2016-2023
Table 12: Latin America Thermoformed Plastics Market Revenue (US$ Mn) and Volume (Kilo Tons) Forecast, by Application, 2016-2023
Table 13: Middle East & Africa Thermoformed Plastics Market Revenue (US$ Mn) and Volume (Kilo Tons) Forecast, by Country, 2016-2023
Table 14: Middle East & Africa Thermoformed Plastics Market Revenue (US$ Mn) and Volume (Kilo Tons) Forecast, by Application, 2016-2023
Table 15: Anchor Packaging: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; Key Developments)
Table 16: Associated Packaging Technologies: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; Key Developments)
Table 17: Brentwood Industries: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; Key Developments)
Table 18: Clear Lam Packaging: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; Key Developments)
Table 19: D&W Fine Pack: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; Key Developments)
Table 20: Pactiv: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; Key Developments)
Table 21: Peninsula Packaging: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; Key Developments)
Table 22: Graham Packaging: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; Key Developments)
Table 23: Huhtamaki Group: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; Key Developments)
Table 24: Silgan Plastics: Company Snapshot (Business Description; Financial Information; Product Position/Portfolio; Key Developments)

Frequently Asked Questions:

What is the size of Thermoformed Plastic Products Market?

The market for Thermoformed Plastic Products Market is expected to reach USD XX Mn By 2023.

What is the Thermoformed Plastic Products Market CAGR?

The Thermoformed Plastic Products Market is expected to see significant CAGR growth over the coming years, at 4.1%.

What is the Forecast period considered for Thermoformed Plastic Products Market?

The report is forecasted from 2016-2023.

What is the base year considered for Thermoformed Plastic Products Market?

The base year of this report is 2015.

Who are the major players in this market?

Brentwood Industries, D&W Fine Pack, Huhtamaki Group, Peninsula Packaging are some of the major players in the global market.

North America Iron Supplements Market

Published:
Report ID: 33621

Europe Iron Supplements market

Published:
Report ID: 33609

India Tool Steel Market

Published:
Report ID: 33386

Tool Steel Market

Published:
Report ID: 17204

Quantum Dots (QD) Market

Published:
Report ID: 8608

Construction Stones Market

Published:
Report ID: 32108

Plastic Pallets Market

Published:
Report ID: 9825

Indoor Location Market

Published:
Report ID: 24094

Shrink Disc Market

Published:
Report ID: 23580

Fire Safety Valves Market

Published:
Report ID: 23483

Motorized Control Valves Market

Published:
Report ID: 23433

Baby Mobility Equipment Market

Published:
Report ID: 23396

Purchase Options

$2999
Delivery Format: Excel.
$4999
Designed for the individual purchaser.
$6999
Users located at a single corporate site or regional office.
$7999
Allowed for unlimited sharing globally within one company.
Smallform of Sample request

Have a question?

User Profile

Don’t settle for less – trust Mitul to help you find the best solution.

Report delivery within 24 to 48 hours

– Other Info –

What people say?-

User Review

I am very impressed with the information in this report. The author clearly did their research when they came up with this product and it has already given me a lot of ideas.

Jana Schmidt
CEDAR CX Technologies

– Connect with us –

Phone

+91 6232 49 3207


support

24/7 Research Support


sales@credenceresearch.com

– Research Methodology –

Going beyond the basics: advanced techniques in research methodology

– Trusted By –

Pepshi, LG, Nestle
Motorola, Honeywell, Johnson and johnson
LG Chem, SIEMENS, Pfizer
Unilever, Samsonite, QIAGEN