Report overview
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 aims to provide a comprehensive presentation of the global market for Thermoforming Packaging Machines, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Thermoforming Packaging Machines. This report contains market size and forecasts of Thermoforming Packaging Machines in global, including the following market information:
Global Thermoforming Packaging Machines Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Thermoforming Packaging Machines Market Sales, 2018-2023, 2024-2029, (Units)
Global top five Thermoforming Packaging Machines companies in 2022 (%)
The global Thermoforming Packaging Machines market was valued at US$ 977.5 million in 2022 and is projected to reach US$ 1321.6 million by 2029, at a CAGR of 4.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Thermoforming Packaging Machines key players include ILLIG Maschinenbau, MULTIVAC, Brown Machine, Kiefel, etc. Global top four manufacturers hold a share over 30%.
Asia-Pacific is the largest market, with a share about 43%, followed by North America and Europe, both have a share about 50 percent.
In terms of product, 20-50 Cycles/Min is the largest segment, with a share over 50%. And in terms of application, the largest application is Food and Beverage, followed by Electrical and Electronics, Medical and Pharmaceutical, etc.
We surveyed the Thermoforming Packaging Machines 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 Machines Market, by Packing Speed, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Thermoforming Packaging Machines Market Segment Percentages, by Packing Speed, 2022 (%)
Below 20 Cycles/Min
20-50 Cycles/Min
Above 50 Cycles/Min
Global Thermoforming Packaging Machines Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Thermoforming Packaging Machines Market Segment Percentages, by Application, 2022 (%)
Food and Beverage
Electrical and Electronics
Medical and Pharmaceutical
Others
Global Thermoforming Packaging Machines Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Thermoforming Packaging Machines Market Segment Percentages, By Region and Country, 2022 (%)
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 Machines revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Thermoforming Packaging Machines revenues share in global market, 2022 (%)
Key companies Thermoforming Packaging Machines sales in global market, 2018-2023 (Estimated), (Units)
Key companies Thermoforming Packaging Machines sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
ILLIG Maschinenbau
MULTIVAC
Brown Machine
Kiefel
Irwin Research & Development, Inc.
Asano Laboratories
SCM Group
GABLER Thermoform
GEISS AG
WM Thermoforming Machines
Honghua Machinery
GN Thermoforming Equipment
Jornen Machinery
AMUT Group
Agripak
SencorpWhite
Hamer Packaging Technology
ZED Industries
Colimatic
QS Group
Frimo
Scandivac
Veripack
BMB srl
MAAC Machinery
Outline of Major Chapters:
Chapter 1: Introduces the definition of Thermoforming Packaging Machines, market overview.
Chapter 2: Global Thermoforming Packaging Machines market size in revenue and volume.
Chapter 3: Detailed analysis of Thermoforming Packaging Machines manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by packing speed, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Thermoforming Packaging Machines in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Thermoforming Packaging Machines capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.