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.
We 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