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Thermoforming Films Market Size, Share & Growth Report 2031

Thermoforming Films Market

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Segments - Type (Rigid Thermoforming Films And Flexible Thermoforming Films), Applications (Food, Pharmaceutical, Consumer Goods, Chemical, Electronic, Cosmetics & Personal Care, And Others), Material (Polyvinyl Chloride (PVC), Polyethylene (PE), Acrylonitrile Butadiene Styrene (ABS), Ethylene Vinyl Alcohol (EVOH), And Polyamide (PA)), and Region (North America, Europe, Asia Pacific, Latin America, And Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

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185 Pages

03-07-2022
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Author :

Raksha Sharma

Fact-checked by :

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Editor :

Vishal Golekar

Report Description

Thermoforming Films Market Outlook

The global thermoforming films market size was valued at USD 83.8 Billion in 2022 and is projected to reach USD 123.5 Billion by 2031, expanding at a CAGR of 4.4% during the forecast period, 2023-2031. Thermoforming is a method of forming plastic sheets. These sheets are available in a variety of thicknesses, depending on the type of product.

Thin sheets of plastic are referred to as films. Thermoforming films are essential for the creation of many common consumer goods. A rolled plastic sheet is heated to a moldable temperature during the thermoforming process by being fed into an oven. The plastic sheet is heated, then put on top of a mold. There are several ways to apply pressure on the heated sheet to the intricate parts of the mold, depending on the equipment being used.

The global Thermoforming Films market is slightly impacted by Covid-19, due to the disruption in the supply chain and limitations in the cross broader transactions. The supply chain was disrupted in the initial stage of the lockdown, which declined the manufacturing of thermoforming films.

Thermoforming Films Market Dynamics

Major Drivers

Increasing demand for packed food items

Thermoforming films offer benefits such as minimal leakage and puncture resistance in food packaging. Thermoforming films are ideal for storing items such as cheese and red meat in the refrigerator, as they retain strength at freezing temperatures.

Dairy, dried foods, tea and coffee, confections and baked goods, processed, frozen, hot foods, soups, and sauces are some commodities that are frequently packaged using thermoforming films.

Growing packaging of beauty and cosmetic products

The beauty and cosmetic products market is enormous and rapidly expanding. Product packaging is quite important in this market. Thermoforming films have been utilized for a long time in the packaging of beauty and cosmetic products, due to their various benefits, including flexibility and moisture barrier properties. Additionally, in terms of base-forming films, thermoforming films offer optical properties along with a hygienic appearance.

Growing applications of thermoforming film in the medical industry

When producing sterile barrier systems for single-use medical devices in a range of shapes and sizes, thermoforming films are an ideal packing material. Lightweight, flexible materials used in thermoforming are made to withstand medical applications. PET (polyethylene terephthalate) is used in packaging, tubes, pans, and other disposable components, as it is readily recyclable.

Rising demand for thermoforming packaging from the electronic industry

High demand for small, portable, and useful electronics boosted the demand for thin-gauge, high-performance thermoforming films. Thermoforming films are used by electronics OEMs to replace bulky injection-molded polymers in microelectronics and to offer vapor barrier and electrical insulation. High-end electronic component packaging requirements include anti-static, dust-, moisture-, and damp-proof films that resist lengthy delivery times.

Existing Restraints

Non-biodegradable plastics used in thermoforming

Polyvinyl Chloride (PVC), Polyethylene (PE), Acrylonitrile Butadiene, Styrene (ABS), Ethylene Vinyl Alcohol (EVOH), and Polyamide are common films used in thermoforming. The majority of materials used in packaging are not biodegradable. Therefore, numerous measures and regulations are implemented to monitor the reduction of plastic waste, particularly in packaging. Governments from all over the world are taking action to slow climate change.

Non-uniform gauge due to film stretching

The process of thermoforming begins with a sheet of uniformly thick thermoplastic material. Stretching that occurs throughout the forming process may slightly thin out this film or sheet of material. The part's thickness might be uneven in some places, creating weak points that lead to material leakage and fracture. This feature is expected to impede the growth of the market.

Emerging Opportunities

Lucrative future in the aerospace industry

Thermoformed film materials are utilized in aerospace and defense industries to create items such as airplane interior panels, overhead luggage storage, and galley components.

The thermoplastic thick film is used in the aerospace and aircraft sector to produce seatbacks, armrests, footwell trays, window shrouds, and shades, as it is lighter than fiberglass, stainless steel, and aluminum by 6 times, and 6 times lighter than aluminum by 6 times. It also offers flexibility and modern, simplified design possibilities at a low cost.

Thermoforming film with recyclable solutions

Polyvinyl Chloride (PVC), Polyethylene (PE), Acrylonitrile Butadiene, Styrene, and other materials are used to make thermoforming film. When not recycled or processed, it damages the land and water resources. The packaging business has changed, with manufacturers taking the recyclable film into account now. The recyclable film is sought by various industries. Demand for recyclable thermoforming film is expected to be high in the forecast period.

Scope of Thermoforming Films Market Report

The report on the Global Thermoforming Films market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Thermoforming Films Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	Type (Rigid Thermoforming Films And Flexible Thermoforming Films), Applications (Food, Pharmaceutical, Consumer Goods, Chemical, Electronic, Cosmetics & Personal Care, And Others), and Material (Polyvinyl Chloride (PVC), Polyethylene (PE), Acrylonitrile Butadiene Styrene (ABS), Ethylene Vinyl Alcohol (EVOH), And Polyamide (PA)
Regional Scope	Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered	Amcor plc, Dupont Teijin Films, Vishakha Polyfab Pvt. Ltd, Klöckner, Pentaplast, Astar Packaging Pte Ltd., Hypac Packaging Pte Ltd., Peiyu Plastics Corporation, AVI Global Plast Clifton, Packaging Group Limited, Flexipol (Synnovia), and Green Packaging Material (Jiangyin) Co., Ltd.

Thermoforming Films Market Segment Insights

The global thermoforming films market is segmented on the basis of type, Application, Material, and region.

Type Segment Analysis

In terms of types, the global thermoforming films market is classified into rigid thermoforming films and flexible thermoforming films. The rigid thermoforming films segment is projected to account for a remarkable share of the market during the forecast period, as they are required to be molded at high temperatures.

Rigid thermoforming films are commonly used for mechanical purposes such as pipe systems, protective headgear, golf club heads, musical instruments, recorders, and toys, such as Legos. The flexible thermoforming films segment is expected to expand at a significant pace, as it has tough resilience to the elements, including heat. Flexible thermoforming films handle high temperatures anywhere from -4 to 176 °F. This allows the plastic to be molded at high temperatures.

Application Segment Analysis

The applications segment is further segmented into food, pharmaceutical, consumer goods, chemical, electronic, cosmetics & personal care, and others. The food segment is projected to account for a remarkable share of the market during the forecast period, due to growing demand from the food packaging industry.

This is encouraging manufacturers to expand their resources for providing good packaging solutions to their customers. Demand for thermoforming films has been rising in the beverage packaging industry, as these films provide a one-stop solution for companies that require sustainable and low-cost packaging options with good shelf appeal.

Material Types Segment Analysis

The material types segment is segmented into Polyvinyl Chloride (PVC), Polyethylene (PE), Acrylonitrile Butadiene Styrene (ABS), Ethylene vinyl alcohol (EVOH), and Polyamide (PA). The polyethylene (PE) segment is expected to hold a substantial share of the market during the forecast period.

Demand for thermoforming films made of polyethylene (PE) is anticipated to increase at a rapid pace in the food & beverage packaging industry during the forecast period. Thermoforming films offer sustainable packaging solutions, as they reduce the weight of the packaging.

Additionally, thermoforming films possess good shelf appeal and are cost-effective. The Polyvinyl Chloride (PVC) segment is expected to grow at a significant pace during the forecast period, as Polyvinyl Chloride (PVC) thermoforming films help to avoid the hidden costs of pre-labeled products.

These films also limit the use of adhesives and the need for secondary sleeves for branding. Demand for thermoforming films has been rising in the beverage packaging industry, as these films provide a one-stop solution for companies that require sustainable and low-cost packaging options with good shelf appeal.

Thermoforming Films Market Regional Analysis

Based on regions, the global thermoforming films market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in Asia Pacific is expected to dominate the global thermoforming films market during the forecast period.

Rapidly growing demand for thermoforming films in packaging applications, increasing demand for packaged food and consumer goods in China and India, and the high economic growth rate of countries in the region favor the growth of the thermoforming films market in the Asia Pacific.

The market in North America is expected to expand at a high CAGR during the forecast period. The growing food & beverage industry in the US and rising in disposable income are driving the thermoforming films market in this region.

The thermoforming films market in Europe is projected to expand at a substantial pace during the forecast period. Demand for thermoforming films in countries such as Germany and the UK is expected to rise in the next few years, due to increasing usage of canned food products.

Key Benefits for Industry Participants & Stakeholders

In-depth Analysis of the Global Thermoforming Films Market
Historical, Current, and Projected Market Size in Terms of Value and Volume
Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
Industry Drivers, Restraints, and Opportunities Covered in the Study
Recent Industry Trends and Developments
Competitive Landscape & Strategies of Key Players
Neutral Perspective on Global Thermoforming Films Market Performance

Segments

Type

Rigid Thermoforming Films
Flexible Thermoforming Films

Application

Food
Pharmaceutical
Consumer Goods
Chemical
Electronic
Cosmetics & Personal Care
Others

Material

Polyvinyl Chloride (PVC)
Polyethylene (PE)
Acrylonitrile Butadiene Styrene (ABS)
Ethylene vinyl alcohol (EVOH)
Polyamide (PA)

Region

Asia Pacific
North America
Latin America
Europe
Middle East & Africa

Key Market Players Profiled in the Report

Amcor plc
Dupont Teijin Films
Vishakha Polyfab Pvt. Ltd
Klöckner
Pentaplast
Astar Packaging Pte Ltd.
Hypac Packaging Pte Ltd.
Peiyu Plastics Corporation
AVI Global Plast Clifton
Packaging Group Limited
Flexipol (Synnovia)
Green Packaging Material (Jiangyin) Co., Ltd.

Competitive Landscape

Key players operating in the market are Amcor plc, Dupont Teijin Films, Vishakha Polyfab Pvt. Ltd, Klöckner, Pentaplast, Astar Packaging Pte Ltd., Hypac Packaging Pte Ltd., Peiyu Plastics Corporation, AVI Global Plast Clifton, Packaging Group Limited, Flexipol (Synnovia), Green Packaging Material(Jiangyin) Co., Ltd.

These companies are considered as key manufacturers of Thermoforming Films based on their revenue, research development (R&D) activities, product offerings, regional presence, and supply chain management system. The players are adopting key strategies such as acquisition, collaborations, and geographical expansion which the potential opportunity for the Thermoforming Films market.

On April 25, 2022, Amcor plc established thermoforming capabilities for medical packaging in its healthcare packaging facility in Sligo, Ireland. The multi-million-dollar investment strengthened Amcor’s leadership in the growing sterile packaging industry.

On April 29, 2020, DuPont Teijin Films introduced clear flame retardant PET (polyethylene terephthalate) polyester films to assist product designers in achieving high safety in the industrial, transportation, construction, electronics, and label industries.

Table Of Content

Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Thermoforming Films Market Overview
   4.1 Introduction
      4.1.1 Market Taxonomy
      4.1.2 Market Definition
      4.1.3 Macro-Economic Factors Impacting the Market Growth
   4.2 Thermoforming Films Market Dynamics
      4.2.1 Market Drivers
      4.2.2 Market Restraints
      4.2.3 Market Opportunity
   4.3 Thermoforming Films Market - Supply Chain Analysis
      4.3.1 List of Key Suppliers
      4.3.2 List of Key Distributors
      4.3.3 List of Key Consumers
   4.4 Key Forces Shaping the Thermoforming Films Market
      4.4.1 Bargaining Power of Suppliers
      4.4.2 Bargaining Power of Buyers
      4.4.3 Threat of Substitution
      4.4.4 Threat of New Entrants
      4.4.5 Competitive Rivalry
   4.5 Global Thermoforming Films Market Size & Forecast, 2015-2030
      4.5.1 Thermoforming Films Market Size and Y-o-Y Growth
      4.5.2 Thermoforming Films Market Absolute $ Opportunity
   4.6 Current & Future Trends
   4.7 Economic Impact Analysis
   4.8 Regulatory Landscape
   4.9 Investment Scenario
   4.10 Global Packaging Industry Outlook
Chapter 5 Global Thermoforming Films Market Analysis and Forecast By Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities By Type
      5.1.2 Basis Point Share (BPS) Analysis By Type
      5.1.3 Absolute $ Opportunity Assessment By Type
   5.2 Thermoforming Films Market Size Forecast By Type
      5.2.1 Rigid Thermoforming Films
      5.2.2 Flexible Thermoforming Films
   5.3 Market Attractiveness Analysis By Type
Chapter 6 Global Thermoforming Films Market Analysis and Forecast By Application
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities By Application
      6.1.2 Basis Point Share (BPS) Analysis By Application
      6.1.3 Absolute $ Opportunity Assessment By Application
   6.2 Thermoforming Films Market Size Forecast By Application
      6.2.1 Food
      6.2.2 Pharmaceutical
      6.2.3 Consumer Goods
      6.2.4 Chemical
     6.2.5 Electronic
      6.2.6 Cosmetics and Personal Care
      6.2.7 Others
   6.3 Market Attractiveness Analysis By Application
Chapter 7 Global Thermoforming Films Market Analysis and Forecast By Material Type
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities By Material Type
      7.1.2 Basis Point Share (BPS) Analysis By Material Type
      7.1.3 Absolute $ Opportunity Assessment By Material Type
   7.2 Thermoforming Films Market Size Forecast By Material Type
      7.2.1 Polyvinyl Chloride (PVC)
      7.2.2 Polyethylene (PS)
      7.2.3 Acrylonitrile Butadiene Styrene (ABS)
      7.2.4 Ethylene vinyl alcohol (EVOH)
      7.2.5 Polyamide (PA)
   7.3 Market Attractiveness Analysis By Material Type
Chapter 8 Global Thermoforming Films Market Analysis and Forecast by Region
   8.1 Introduction
      8.1.1 Key Market Trends & Growth Opportunities by Region
      8.1.2 Basis Point Share (BPS) Analysis by Region
      8.1.3 Absolute $ Opportunity Assessment by Region
   8.2 Thermoforming Films Market Size Forecast by Region
      8.2.1 North America
      8.2.2 Europe
      8.2.3 Asia Pacific
      8.2.4 Latin America
      8.2.5 Middle East & Africa (MEA)
   8.3 Market Attractiveness Analysis by Region
Chapter 9 Coronavirus Disease (COVID-19) Impact
   9.1 Introduction
   9.2 Current & Future Impact Analysis
   9.3 Economic Impact Analysis
   9.4 Government Policies
   9.5 Investment Scenario
Chapter 10 North America Thermoforming Films Analysis and Forecast
   10.1 Introduction
   10.2 North America Thermoforming Films Market Size Forecast by Country
      10.2.1 U.S.
      10.2.2 Canada
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 North America Thermoforming Films Market Size Forecast By Type
      10.6.1 Rigid Thermoforming Films
      10.6.2 Flexible Thermoforming Films
   10.7 Basis Point Share (BPS) Analysis By Type
   10.8 Absolute $ Opportunity Assessment By Type
   10.9 Market Attractiveness Analysis By Type
   10.10 North America Thermoforming Films Market Size Forecast By Application
      10.10.1 Food
      10.10.2 Pharmaceutical
      10.10.3 Consumer Goods
      10.10.4 Chemical
      10.10.5 Electronic
      10.10.6 Cosmetics and Personal Care
      10.10.7 Others
   10.11 Basis Point Share (BPS) Analysis By Application
   10.12 Absolute $ Opportunity Assessment By Application
   10.13 Market Attractiveness Analysis By Application
   10.14 North America Thermoforming Films Market Size Forecast By Material Type
      10.14.1 Polyvinyl Chloride (PVC)
      10.14.2 Polyethylene (PS)
      10.14.3 Acrylonitrile Butadiene Styrene (ABS)
      10.14.4 Ethylene vinyl alcohol (EVOH)
      10.14.5 Polyamide (PA)
   10.15 Basis Point Share (BPS) Analysis By Material Type
   10.16 Absolute $ Opportunity Assessment By Material Type
   10.17 Market Attractiveness Analysis By Material Type
Chapter 11 Europe Thermoforming Films Analysis and Forecast
   11.1 Introduction
   11.2 Europe Thermoforming Films Market Size Forecast by Country
      11.2.1 Germany
      11.2.2 France
      11.2.3 Italy
      11.2.4 U.K.
      11.2.5 Spain
      11.2.6 Russia
      11.2.7 Rest of Europe
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Europe Thermoforming Films Market Size Forecast By Type
      11.6.1 Rigid Thermoforming Films
      11.6.2 Flexible Thermoforming Films
   11.7 Basis Point Share (BPS) Analysis By Type
   11.8 Absolute $ Opportunity Assessment By Type
   11.9 Market Attractiveness Analysis By Type
   11.10 Europe Thermoforming Films Market Size Forecast By Application
      11.10.1 Food
      11.10.2 Pharmaceutical
      11.10.3 Consumer Goods
      11.10.4 Chemical
      11.10.5 Electronic
      11.10.6 Cosmetics and Personal Care
      11.10.7 Others
   11.11 Basis Point Share (BPS) Analysis By Application
   11.12 Absolute $ Opportunity Assessment By Application
   11.13 Market Attractiveness Analysis By Application
   11.14 Europe Thermoforming Films Market Size Forecast By Material Type
      11.14.1 Polyvinyl Chloride (PVC)
      11.14.2 Polyethylene (PS)
      11.14.3 Acrylonitrile Butadiene Styrene (ABS)
      11.14.4 Ethylene vinyl alcohol (EVOH)
      11.14.5 Polyamide (PA)
   11.15 Basis Point Share (BPS) Analysis By Material Type
   11.16 Absolute $ Opportunity Assessment By Material Type
   11.17 Market Attractiveness Analysis By Material Type
Chapter 12 Asia Pacific Thermoforming Films Analysis and Forecast
   12.1 Introduction
   12.2 Asia Pacific Thermoforming Films Market Size Forecast by Country
      12.2.1 China
      12.2.2 Japan
      12.2.3 South Korea
      12.2.4 India
      12.2.5 Australia
      12.2.6 South East Asia (SEA)
      12.2.7 Rest of Asia Pacific (APAC)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Asia Pacific Thermoforming Films Market Size Forecast By Type
      12.6.1 Rigid Thermoforming Films
      12.6.2 Flexible Thermoforming Films
   12.7 Basis Point Share (BPS) Analysis By Type
   12.8 Absolute $ Opportunity Assessment By Type
   12.9 Market Attractiveness Analysis By Type
   12.10 Asia Pacific Thermoforming Films Market Size Forecast By Application
      12.10.1 Food
      12.10.2 Pharmaceutical
      12.10.3 Consumer Goods
      12.10.4 Chemical
      12.10.5 Electronic
      12.10.6 Cosmetics and Personal Care
      12.10.7 Others
   12.11 Basis Point Share (BPS) Analysis By Application
   12.12 Absolute $ Opportunity Assessment By Application
   12.13 Market Attractiveness Analysis By Application
   12.14 Asia Pacific Thermoforming Films Market Size Forecast By Material Type
      12.14.1 Polyvinyl Chloride (PVC)
      12.14.2 Polyethylene (PS)
      12.14.3 Acrylonitrile Butadiene Styrene (ABS)
      12.14.4 Ethylene vinyl alcohol (EVOH)
      12.14.5 Polyamide (PA)
   12.15 Basis Point Share (BPS) Analysis By Material Type
   12.16 Absolute $ Opportunity Assessment By Material Type
   12.17 Market Attractiveness Analysis By Material Type
Chapter 13 Latin America Thermoforming Films Analysis and Forecast
   13.1 Introduction
   13.2 Latin America Thermoforming Films Market Size Forecast by Country
      13.2.1 Brazil
      13.2.2 Mexico
      13.2.3 Rest of Latin America (LATAM)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Latin America Thermoforming Films Market Size Forecast By Type
      13.6.1 Rigid Thermoforming Films
      13.6.2 Flexible Thermoforming Films
   13.7 Basis Point Share (BPS) Analysis By Type
   13.8 Absolute $ Opportunity Assessment By Type
   13.9 Market Attractiveness Analysis By Type
   13.10 Latin America Thermoforming Films Market Size Forecast By Application
      13.10.1 Food
      13.10.2 Pharmaceutical
      13.10.3 Consumer Goods
      13.10.4 Chemical
      13.10.5 Electronic
      13.10.6 Cosmetics and Personal Care
      13.10.7 Others
   13.11 Basis Point Share (BPS) Analysis By Application
   13.12 Absolute $ Opportunity Assessment By Application
   13.13 Market Attractiveness Analysis By Application
   13.14 Latin America Thermoforming Films Market Size Forecast By Material Type
      13.14.1 Polyvinyl Chloride (PVC)
      13.14.2 Polyethylene (PS)
      13.14.3 Acrylonitrile Butadiene Styrene (ABS)
      13.14.4 Ethylene vinyl alcohol (EVOH)
      13.14.5 Polyamide (PA)
   13.15 Basis Point Share (BPS) Analysis By Material Type
   13.16 Absolute $ Opportunity Assessment By Material Type
   13.17 Market Attractiveness Analysis By Material Type
Chapter 14 Middle East & Africa (MEA) Thermoforming Films Analysis and Forecast
   14.1 Introduction
   14.2 Middle East & Africa (MEA) Thermoforming Films Market Size Forecast by Country
      14.2.1 Saudi Arabia
      14.2.2 South Africa
      14.2.3 UAE
      14.2.4 Rest of Middle East & Africa (MEA)
   14.3 Basis Point Share (BPS) Analysis by Country
   14.4 Absolute $ Opportunity Assessment by Country
   14.5 Market Attractiveness Analysis by Country
   14.6 Middle East & Africa (MEA) Thermoforming Films Market Size Forecast By Type
      14.6.1 Rigid Thermoforming Films
      14.6.2 Flexible Thermoforming Films
   14.7 Basis Point Share (BPS) Analysis By Type
   14.8 Absolute $ Opportunity Assessment By Type
   14.9 Market Attractiveness Analysis By Type
   14.10 Middle East & Africa (MEA) Thermoforming Films Market Size Forecast By Application
      14.10.1 Food
      14.10.2 Pharmaceutical
      14.10.3 Consumer Goods
      14.10.4 Chemical
      14.10.5 Electronic
      14.10.6 Cosmetics and Personal Care
      14.10.7 Others
   14.11 Basis Point Share (BPS) Analysis By Application
   14.12 Absolute $ Opportunity Assessment By Application
   14.13 Market Attractiveness Analysis By Application
   14.14 Middle East & Africa (MEA) Thermoforming Films Market Size Forecast By Material Type
      14.14.1 Polyvinyl Chloride (PVC)
      14.14.2 Polyethylene (PS)
      14.14.3 Acrylonitrile Butadiene Styrene (ABS)
      14.14.4 Ethylene vinyl alcohol (EVOH)
      14.14.5 Polyamide (PA)
   14.15 Basis Point Share (BPS) Analysis By Material Type
   14.16 Absolute $ Opportunity Assessment By Material Type
   14.17 Market Attractiveness Analysis By Material Type
Chapter 15 Competition Landscape
   15.1 Thermoforming Films Market: Competitive Dashboard
   15.2 Global Thermoforming Films Market: Market Share Analysis, 2021
   15.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
      15.3.1 Amcor plc
      15.3.2 Dupont Teijin Films
      15.3.3 Vishakha Polyfab Pvt. Ltd
      15.3.4 Klöckner
      15.3.5 Pentaplast
      15.3.6 Astar Packaging Pte Ltd
      15.3.7 Hypac Packaging Pte Ltd
      15.3.8 Peiyu Plastics Corporation
      15.3.9 AVI Global Plast Clifton
      15.3.10 Packaging Group Limited
      15.3.11 Flexipol (Synnovia)

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FAQ Section

Some frequently asked questions about this report!

1. Can I ask for different company profiles?

Additional company profiles are provided on request

2. What is the criteria used for selecting company profiles?

Factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.

3. What are the factors driving the Thermoforming Films market?

The Thermoforming Films market is projected to expand at a rapid pace globally, owing to Increasing demand for packed food items, growing packaging of beauty and cosmetic products, Growing applications of thermoforming film in the medical industry, and Rising demand for thermoforming packaging from the electronic industry.

4. How big will be the Thermoforming Films market in 2031?

The global thermoforming films market size was around 83.8 Bn in 2022 and is projected to reach USD 123.5 Bn by 2031, expanding at a CAGR of 4.4% during the forecast period.

5. What are the major applications of Thermoforming Films market driving the market growth?

End-uses of Thermoforming Films include food industry, pharmaceutical industry, consumer goods industry, chemical industry, electronic industry, cosmetics & personal care industry.

6. Which macroeconomic factors affect the market?

Factors such as Eco-friendly in GDP, Urbanization, Inflation, Production and Demand, and Government Regulations are analyzed in the final report.

7. Who are the major players operating in the market?

Major players include Amcor plc, Dupont Teijin Films, Vishakha Polyfab Pvt. Ltd, Klöckner, Pentaplast, Astar Packaging Pte Ltd., Hypac Packaging Pte Ltd., Peiyu Plastics Corporation, AVI Global Plast Clifton, Packaging Group Limited, Flexipol (Synnovia), Green Packaging Material (Jiangyin) Co., Ltd, and others.

8. What additional data analysis is available in the report?

In addition to market size (in US$ Million), Company Market Share (in % for base year 2021), Regulatory Landscape, Technology Landscape, Patent Analysis, Consumer Survey, and Pipeline /Clinical Trial Analysis are available in the report.

9. What is the base year calculated in the Global Thermoforming Films Market report and what is the analysis period?

The base year considered for the Global Thermoforming Films Market report is 2022. The complete analysis period is 2016 to 2031, wherein, 2016 to 2021 are the historic years, and the forecast is provided from 2023 to 2031.