Thermoforming is a manufacturing process where a plastic sheet is heated to a pliable forming temperature, formed to a specific shape in a mold, and trimmed to create a usable product.
This report contains market size and forecasts of Thermoforming Packaging Machinery in global, including the following market information:
Global Thermoforming Packaging Machinery Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Thermoforming Packaging Machinery Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Thermoforming Packaging Machinery companies in 2021 (%)
The global Thermoforming Packaging Machinery market was valued at 977.5 million in 2021 and is projected to reach US$ 1313.9 million by 2028, at a CAGR of 4.3% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Below 20 Cycles/Min Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Thermoforming Packaging Machinery include ILLIG Maschinenbau, MULTIVAC, Kiefel, Asano Laboratories, Frimo, QS Group, GABLER Thermoform, GEISS AG and Irwin Research & Development, Inc., etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Thermoforming Packaging Machinery manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Thermoforming Packaging Machinery Market, by Packing Speed, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Thermoforming Packaging Machinery Market Segment Percentages, by Packing Speed, 2021 (%)
Below 20 Cycles/Min
20-50 Cycles/Min
Above 50 Cycles/Min
Global Thermoforming Packaging Machinery Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Thermoforming Packaging Machinery Market Segment Percentages, by Application, 2021 (%)
Food and Beverage
Electrical and Electronics
Medical and Pharmaceutical
Others
Other
Global Thermoforming Packaging Machinery Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Thermoforming Packaging Machinery Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Thermoforming Packaging Machinery revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Thermoforming Packaging Machinery revenues share in global market, 2021 (%)
Key companies Thermoforming Packaging Machinery sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Thermoforming Packaging Machinery sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
ILLIG Maschinenbau
MULTIVAC
Kiefel
Asano Laboratories
Frimo
QS Group
GABLER Thermoform
GEISS AG
Irwin Research & Development, Inc.
Jornen Machinery
MAAC Machinery
WM Thermoforming Machines
Honghua Machinery
GN Thermoforming Equipment
BMB srl
Thermoforming Technology Group
Scandivac
Agripak
Veripack
Hamer Packaging Technology
Brown Machine
SCM Group
AMUT Group
SencorpWhite
ZED Industries
Colimatic