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Global Thermoformed Plastics for Printing Market: By Plastic Type: Polycarbonate, High Impact Polystyrene, Acrylonitrile Butadiene Styrene, Others; By Process; By Thickness; By Application; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Thermoformed Plastics for Printing Market Outlook
The global thermoformed plastics for printing market is expected to grow at a CAGR of 6% in the forecast period of 2023-2028.
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Rising Demand for Polycarbonates, owing to their Numerous Advantages to Bolster the Growth of the Thermoformed Plastics for Printing Industry
Based on plastic type, the polycarbonate segment occupies a significant share in the market and is likely to attain a considerable growth in the forecast period. The growth of the segment can be attributed to the rising demand for polycarbonates, owing to their high durability, high strength, easy to cut and shape characteristics, thermal insulation properties, and lightweight, among others. Some grades of polycarbonates are optically transparent, which makes them easier to be engineered for printing applications. Meanwhile, the demand for high-impact polystyrene is anticipated to witness a significant growth in the forecast period due to its properties like good impact resistance, excellent machinability, excellent dimensional stability, and comparatively low cost. The high-impact polystyrene provides a detailed representation of the model for exhibition; therefore, the material is likely to witness a high demand for various printing applications such as billboard signage and panel beaters signage.
North America Accounts for a Significant Share in the Market
The growth of the industry in North America can be attributed to the thriving advertising industry in countries like the United States and Canada. The rapid technological advancements and the use of advanced printing solutions in the region have propelled the demand for display and outdoor signages for effective product marketing. Meanwhile, the market in the forecast period is likely to be aided by the growing R&D activities associated with plastic engineering, which is expected to bolster the demand for thermoformed plastics for 3D printing in the region.
Thermoformed Plastics for Printing: Market Segmentation
Thermoformed plastics refer to a type of plastic made through a collection of manufacturing methods in which extruded plastics are heated and moulded to form sheets of extruded plastics. Drape, vacuum, and pressure forming are some of the popular thermoforming methods used in the market.
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Based on plastic type, the market is divided into:
- Polycarbonate
- High Impact Polystyrene
- Acrylonitrile Butadiene Styrene
- Polyvinyl Chloride
- Polyethylene Terephthalate Glycol
- Acrylic
- Others
On the basis of process, the industry is segmented into:
- Vacuum Forming
- Pressure Forming
- Mechanical Forming
- Others
By thickness, the market has been segmented into:
- Thin Gauge
- Thick Gauge
The significant applications of thermoformed plastics for printing include:
- Display and Outdoor Signages
- Promotional and Branding Products
- Gaming Panels
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Growing Investments in Product Marketing to Boost the Growth of the Thermoformed Plastics for Printing Industry
The global thermoformed plastics for printing industry is driven by the growing demand for the product to manufacture promotional and branding products. Thermoformed plastics have the ability to take any shape and can easily be transformed into something visually appealing. The crisp details with formed textures and logos offered by the material make the end product stand apart, thereby, propelling the demand for thermoformed plastics. The growing awareness about the various benefits of thermoformed plastics for printing such as its ability to be dyed in any colour and others is also aiding the market. Over the forecast period, the market is expected to be aided by the increasing consumer preference for online channels and the growing advancements in print technology.
Key Industry Players in the Global Thermoformed Plastics for Printing Market
The report gives a detailed analysis of the following key players in the global thermoformed plastics for printing market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Sonoco Products Company
- Plaskolite LLC
- Palram Industries Ltd.
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Plastic Type, Process, Thickness, Application, Region |
| Breakup by Plastic Type | Polycarbonate, High Impact Polystyrene, Acrylonitrile Butadiene Styrene, Polyvinyl Chloride, Polyethylene Terephthalate Glycol, Acrylic, Others |
| Breakup by Process | Vacuum Forming, Pressure Forming, Mechanical Forming, Others |
| Breakup by Thickness | Thin Gauge, Thick Gauge |
| Breakup by Application | Display and Outdoor Signages, Promotional and Branding Products, Gaming Panels, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Sonoco Products Company, Plaskolite LLC, Palram Industries Ltd., Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Thermoformed Plastics for Printing Market Analysis
8.1 Key Industry Highlights
8.2 Global Thermoformed Plastics for Printing Historical Market (2018-2022)
8.3 Global Thermoformed Plastics for Printing Market Forecast (2023-2028)
8.4 Global Thermoformed Plastics for Printing Market by Plastic Type
8.4.1 Polycarbonate
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 High Impact Polystyrene
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Acrylonitrile Butadiene Styrene
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Polyvinyl Chloride
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2022)
8.4.4.3 Forecast Trend (2023-2028)
8.4.5 Polyethylene Terephthalate Glycol
8.4.5.1 Market Share
8.4.5.2 Historical Trend (2018-2022)
8.4.5.3 Forecast Trend (2023-2028)
8.4.6 Acrylic
8.4.6.1 Market Share
8.4.6.2 Historical Trend (2018-2022)
8.4.6.3 Forecast Trend (2023-2028)
8.4.7 Others
8.5 Global Thermoformed Plastics for Printing Market by Process
8.5.1 Vacuum Forming
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Pressure Forming
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Mechanical Forming
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Others
8.6 Global Thermoformed Plastics for Printing Market by Thickness
8.6.1 Thin Gauge
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Thick Gauge
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.7 Global Thermoformed Plastics for Printing Market by Application
8.7.1 Display and Outdoor Signages
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Promotional and Branding Products
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Gaming Panels
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.7.4 Others
8.8 Global Thermoformed Plastics for Printing Market by Region
8.8.1 North America
8.8.1.1 Market Share
8.8.1.2 Historical Trend (2018-2022)
8.8.1.3 Forecast Trend (2023-2028)
8.8.2 Europe
8.8.2.1 Market Share
8.8.2.2 Historical Trend (2018-2022)
8.8.2.3 Forecast Trend (2023-2028)
8.8.3 Asia Pacific
8.8.3.1 Market Share
8.8.3.2 Historical Trend (2018-2022)
8.8.3.3 Forecast Trend (2023-2028)
8.8.4 Latin America
8.8.4.1 Market Share
8.8.4.2 Historical Trend (2018-2022)
8.8.4.3 Forecast Trend (2023-2028)
8.8.5 Middle East and Africa
8.8.5.1 Market Share
8.8.5.2 Historical Trend (2018-2022)
8.8.5.3 Forecast Trend (2023-2028)
9 North America Thermoformed Plastics for Printing Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Thermoformed Plastics for Printing Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Thermoformed Plastics for Printing Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Thermoformed Plastics for Printing Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Thermoformed Plastics for Printing Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Sonoco Products Company
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Plaskolite LLC
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Palram Industries Ltd.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Others
17 Key Trends and Developments in the Market
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Key Figures and Tables
1. Global Thermoformed Plastics for Printing Market: Key Industry Highlights, 2018 and 2028
2. Global Thermoformed Plastics for Printing Historical Market: Breakup by Plastic Type (USD Million), 2018-2022
3. Global Thermoformed Plastics for Printing Market Forecast: Breakup by Plastic Type (USD Million), 2023-2028
4. Global Thermoformed Plastics for Printing Historical Market: Breakup by Process (USD Million), 2018-2022
5. Global Thermoformed Plastics for Printing Market Forecast: Breakup by Process (USD Million), 2023-2028
6. Global Thermoformed Plastics for Printing Historical Market: Breakup by Thickness (USD Million), 2018-2022
7. Global Thermoformed Plastics for Printing Market Forecast: Breakup by Thickness (USD Million), 2023-2028
8. Global Thermoformed Plastics for Printing Historical Market: Breakup by End Use (USD Million), 2018-2022
9. Global Thermoformed Plastics for Printing Market Forecast: Breakup by End Use (USD Million), 2023-2028
10. Global Thermoformed Plastics for Printing Historical Market: Breakup by Region (USD Million), 2018-2022
11. Global Thermoformed Plastics for Printing Market Forecast: Breakup by Region (USD Million), 2023-2028
12. North America Thermoformed Plastics for Printing Historical Market: Breakup by Country (USD Million), 2018-2022
13. North America Thermoformed Plastics for Printing Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Europe Thermoformed Plastics for Printing Historical Market: Breakup by Country (USD Million), 2018-2022
15. Europe Thermoformed Plastics for Printing Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Asia Pacific Thermoformed Plastics for Printing Historical Market: Breakup by Country (USD Million), 2018-2022
17. Asia Pacific Thermoformed Plastics for Printing Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Latin America Thermoformed Plastics for Printing Historical Market: Breakup by Country (USD Million), 2018-2022
19. Latin America Thermoformed Plastics for Printing Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Middle East and Africa Thermoformed Plastics for Printing Historical Market: Breakup by Country (USD Million), 2018-2022
21. Middle East and Africa Thermoformed Plastics for Printing Market Forecast: Breakup by Country (USD Million), 2023-2028
22. Global Thermoformed Plastics for Printing Market Structure
Key Questions Answered in the Report
The global thermoformed plastics for printing market is estimated to grow at a CAGR of 6% between 2023 and 2028.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major drivers of the market include the thriving advertising and publishing industry, increasing consumer preference for online channels, growing advancements in print technology, and growing research and development activities associated with plastic engineering.
The growing demand for the product to manufacture promotional and branding products and the growing awareness about the various benefits of thermoformed plastics for printing are the key trends guiding the growth of the industry.
Polycarbonate, high impact polystyrene, acrylonitrile butadiene styrene, polyvinyl chloride, polyethylene terephthalate glycol, and acrylic, among others are the major plastic types.
Vacuum forming, pressure forming, and mechanical forming, among others are the different processes through which the product is made.
Thin gauge and thick gauge are the market segmentation based on thickness.
Display and outdoor signages, promotional and branding products, and gaming panels, among others are the significant applications of the product.
The major players in the industry are Sonoco Products Company, Plaskolite LLC, and Palram Industries Ltd., among others.
Analyst Review
The global thermoformed plastics for printing market is been driven by the growing application of thermoplastics for printing in the promotion and branding sector in the historical period. Aided by the increasing consumer preference for online channels and growing advancements in print technology, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 6%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on plastic type, the market is divided into polycarbonate, high impact polystyrene, acrylonitrile butadiene styrene, polyvinyl chloride, polyethylene terephthalate glycol, and acrylic, among others. On the basis of process, the market is divided into vacuum forming, pressure forming, and mechanical forming, among others. By thickness, the market is divided into thin gauge and thick gauge. The significant applications of the product include display and outdoor signages, promotional and branding products, and gaming panels, among others. The major regional markets for thermoformed plastics for printing are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Sonoco Products Company, Plaskolite LLC, and Palram Industries Ltd., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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