Thermoformed Plastics: Global Markets
Report Highlights
The global market for thermoformed plastic should grow from $13.0 billion in 2018 to $16.7 billion by 2023 at a compound annual growth rate (CAGR) of 5.1% from 2018 to 2023.
Report Includes
- 49 data tables and 19 additional tables
- A comprehensive overview of thermoformed plastics and their global markets
- Analyses of global market trends, with data from 2017 to 2018, and projections of compound annual growth rates (CAGRs) through 2023
- Quantification of consumption markets for major types of plastics used as thermoformed materials into each of their major applications, which include rigid food and healthcare packaging, automobiles, building products, and an array of consumer and industrial/commercial products
- Information on the market dynamics of thermoformed plastics, which include resin producers, plastic sheet producers, thermoformers and those in the major industries using these products
- A look at the impact of regulatory, environmental, and legislative issues impacting the global market
- Profiles of the major companies that produce the key plastic materials that are converted into thermoformed products
- Company profiles of the major players in the market, including Associated Thermoforming Inc., Bardes Plastics Inc., Clear Lam Packaging Inc., Display Pack Inc. and Fiber Pad Inc.
Report Scope
This report has been prepared in a simple, easy-to-understand format. A number of tables and charts/figures are included to illustrate current and future market scenarios. The report includes a detailed study of global and regional markets for various types of thermoformed plastics and for the various applications for thermoformed plastics in different fields and industries, with reasons given for variations in the growth of the industry in certain regions.
Analyst Credentials
The analyst, Srinivasa Rajaram, is a mechanical engineer with more than 40 years of experience in designing factory layouts and setting up factories. He has set up factories for the production of weighing machines and dynamic balancing machines in India and has experience in the design, production and servicing of this equipment. He was senior vice president of M/S Schenck Avery Ltd., an Indo-German joint venture, and set up the electronics department for manufacturing various types of electronic weighing and dynamic balancing equipment. He has authored several technology market research reports for BCC Research.
Frequently Asked Questions (FAQs)
Report Highlights
The global market for thermoformed plastics reached nearly 8.0 billion pounds in 2015. The market is expected to reach 10.2 billion pounds by 2021 from nearly 8.3 billion pounds in 2016, increasing at a compound annual growth rate (CAGR) of 4.3% from 2016 to 2021.
Report Includes
- An overview of the global markets for thermoformed plastics.
- Analyses of global market trends with data from 2015, estimates for 2016 and projections of CAGRs through 2021.
- Information on several important thermoformed plastics applications, such as rigid food and healthcare packaging, automobiles, building products, appliances, and an array of consumer and industrial/commercial products.
- Analysis of the thermoformed plastics businesses, which includes resin producers, plastic sheet producers, thermoformers and those in the major industries using these products.
- A look at the impact of regulatory, environmental, and legislative issues on the market.
- Evaluation of the market's dynamics, specifically growth drivers, restraints, and opportunities.
- Profiles of top companies that produce the key plastic materials that are converted into thermoformed products.
Report Highlights
The global plastic thermoformed product market is significant, with an estimated consumption of 7.3 billion pounds in 2013 and 7.6 billion pounds in 2014 and an expected increase to 9.4 billion pounds by 2019, a compound annual growth rate (CAGR) of 4.3%.
Report Includes
- An overview of the global market for thermoformed plastics
- Analyses of global market trends with data from 2013, estimates for 2014 and projections of compound annual growth rates (CAGRs) through 2019.
- Information on several important thermoformed plastics applications, such as rigid food and healthcare packaging, automobiles, building products, appliances, and an array of consumer and industrial/commercial products
- Profiles of top companies that produce the key plastic materials that are converted into thermoformed products
Report Highlights
The global market for thermoformed plastic products was 6.8 billion pounds in 2011, and consumption is expected to increase from 7.0 billion pounds in 2012 to 8.5 billion pounds by 2017, a 4.0% compound annual growth rate (CAGR).
Report Highlights
- The U.S market for thermoformed plastics will increase from 4.9 billion pounds in 2007 to an estimated 5.1 billion pounds in 2008 and 6.3 billion pounds in 2013, for a compound annual growth rate (CAGR) of 4.3%.
- Packaging applications are expected to use 3.6 billion pounds of thermoformed plastic in 2008 and 4.5 billion in 2013, for a CAGR of 4.6%.
- Applications in appliances are expected to use 584 million pounds of thermoformed plastic in 2008, increasing to 682 million pounds in 2013, for a CAGR of 3.2%.