The Global Thermoformed Plastics For Printing was valued at $36.7 Million in 2020. Growing at a high CAGR of more than 4.0% between 2021 and 2031, it is estimated to reach $57.6 Million by 2031. But due to the current COVID-19 pandemic, there might be a slight difference in the growth rate in the present year. The increased focus of different end-use industries to expand and to invest in advertising and marketing will help to accelerate the growth of this market during the forecasted period.
Global Thermoformed Plastics For Printing Market Is Estimated To Witness Remarkable Growth
Source: SAI Research
The Global Thermoformed Plastics For Printing Market has been segmented into process, application, and product. On the basis of product Global Thermoformed Plastics For Printing Market has been segmented into Polycarbonate, High Impact Polystyrene (HIPS), Acrylonitrile Butadiene Styrene (ABS), Polyvinyl Chloride (PVC), Polyethylene Terephthalate Glycol (PETG), Acrylic, Others. On the basis of process, it has been segmented into Plug Assist Forming, Thick Gauge Thermoforming, Thin Gauge Thermoforming, Vacuum Snapback. On the basis of application, it has been segmented into Display & Outdoor Signages, Promotional & Branding Products, Gaming Panels, Others.
By Region, North America Is Holding The Major Market Share
The Global Thermoformed Plastics For Printing Market has been geographically segmented into North America, South America, Europe, Asia Pacific, Middle East, and Africa. In addition to this, North America Global Thermoformed Plastics For Printing Market is holding the largest market share at present and is estimated to witness a high compound annual growth rate during the upcoming forecasted period. the significant share is associated with the rise in demand for display and outdoor signage, gaming panels, promotional and branding objects in North America because the healthy competition has led this region to dominate the market during the forecasted period. besides this Asia Pacific is also going to witness remarkable growth during the upcoming forecasted period.
Major Players in Global Thermoformed Plastics For Printing Market
Some of the major players in the Global Thermoformed Plastics For Printing Market include Sonoco Products Company, Plaskolite, Inc., C.M. Packaging, Placon, Palram Americas Ltd., Perspex International Ltd.
Scope of the Report:
Report Coverage |
Details |
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Base Year: |
2020 |
Market Size in 2020: |
US$ 36.7 Million |
Historical Data for: |
2018 to 2020 |
Forecast Period: |
2021 to 2031 |
Forecast Period 2021 to 2031 CAGR: |
4.0% |
2031 Value Projection: |
US$ 57.6 Million |
Segments covered: |
By Product – Polycarbonate, High Impact Polystyrene (HIPS), Acrylonitrile Butadiene Styrene (ABS), Polyvinyl Chloride (PVC), Polyethylene Terephthalate Glycol (PETG), Acrylic, Others. By Process - Plug Assist Forming, Thick Gauge Thermoforming, Thin Gauge Thermoforming, Vacuum Snapback. By Application - Display & Outdoor Signages, Promotional & Branding Products, Gaming Panels, Others. |
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Geographies covered: |
North America: U.S., Canada, Mexico Europe: Germany, U.K., Spain, France, Italy, Russia, Rest of Europe Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific Africa: South Africa, North Africa, and Africa Middle East: GCC, Israel, and Rest of Middle East Latin America: Brazil, Argentina, Rest of Latin America |
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Companies covered: |
Sonoco Products Company, Plaskolite, Inc., C.M. Packaging, Placon, Palram Americas Ltd., Perspex International Ltd. |
The Global Thermoformed Plastics For Printing Market Has Been Segmented Into:
Global Thermoformed Plastics For Printing Market, By Product Type
Global Thermoformed Plastics For Printing Market, By Process Type
Global Thermoformed Plastics For Printing Market, By Application Type
Global Thermoformed Plastics For Printing Market, By Region
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