Allied Market Research
Loading...
Cart
0
PURCHASE OPTIONS

Start reading ,This title and over 12000 thousand more,available with Avenue Library, T&C*

Allied Market Research

Thermoforming machines Market : Global Opportunity Analysis and Industry Forecast, 2020–2027

A10693
Pages: NA
Jun 2021 | 32 Views
 
Author(s) : NA
Tables: NA
Charts: NA
 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Thermoforming Machines Market

Request Now !

Thermoforming is the process of heating a sheet of plastic to its softening temperature so that the heated plastic sheet may be stretched and shaped into a desired mold or shape. The plastic sheet or film is then held in place to cool and solidify so that it can acquire the shape required. A thermoforming machine is the equipment used for the thermoforming process. The thermoplastic sheet is first clamped onto a holding device and heated. After the heated plastic softens, it is either pressed into or stretched over a mold. Vacuum pressure, air pressure, or mechanical force may be used for the forming process. The plastic sheet is then held in place as it cools and takes the shape of the mold permanently. The excess material is finally trimmed away. Thermoforming machines are widely used in various different industries including the global packaging, pharmaceutical, food & beverage, industries.

­Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast units

  Value (USD Millions)

  Segments covered

Machine Type, Packaging Type, Material Used, Process Used, Application, Industry Verticals and Region.

  Regions covered

North America (US, Mexico, and Canada), Europe (Germany, UK, Netherlands, Italy, and France), Asia-Pacific (China, Japan, South Korea, Sri Lanka, and India), LAMEA (Latin America, Middle East, and Africa)

  Companies covered

The key players in the thermoforming machines include Schlumberger Ltd., Aker Solutions ASA, Baker Hughes Co., Delta Corp., Dril-Quip Inc., Halliburton Co., Solar Alert Sdn Bhd, TechnipFMC Plc, The Weir Group Plc, and Worldwide Oilfield Machine among others.

 

COVID-19 scenario analysis:

  • COVID-19 pandemic has shut-down production of various products in the global thermoforming machines industry, mainly owing to prolonged lockdown in major global countries. This has hampered growth of the global thermoforming machines market significantly from past few months, as is likely to continue during 2020.
  • COVID-19 has already affected sales of equipment and machinery in the first quarter of 2020, and is likely to cause a negative impact on the market growth throughout the year.
  • The major demand for equipment and machinery was previously noticed from giant manufacturing countries including the U.S., Germany, Italy, the UK, and China, which is badly affected by the spread of coronavirus, thereby halting demand for equipment and machinery.
  • Further, potential impact of the lockdown is currently vague and financial recovery of companies is totally based on its cash reserves. Equipment and machinery companies can afford a full lockdown only for a few months, after which the players would have to modify their investment plans.
  • Equipment and machinery manufacturers must focus on protecting their workforce, operations, and supply chains to respond toward immediate crises and find new ways of working after COVID-19 infection cases start to decrease.

Top impacting factors: Market Scenario Analysis, Trends, Drivers, Opportunities, Restraints and Impact Analysis

The global thermoforming machine market is majorly driven by the global packaging industry. The global pharmaceutical industry are also major end users of thermoforming machines as proper packaging of drugs is important for preserving their life. Thermoforming machines are also used extensively in the food and beverage industry. Growing importance of food hygiene and safe packaging are major factors driving the efforts of food & beverage companies toward constantly improving their food packaging. Apart from these, thermoforming is widely applied in manufacturing automotive parts, trays, agricultural machinery parts, pallets, building products and signs among other products. Thermoforming reduces the weight of products as the process can be used to produce composite plastic sheets which have comparable strength to thick sheets of plastic. The growth of e-commerce platforms and online aggregators and delivery applications have increased the consumption of retail goods that require thermoform packaging. Food retail has especially grown due to the increased consumption through online delivery services such as BigBasket, Grofers, Zomato and other such start-ups. However, thermoforming machines use large volume of plastic and this is a major restraining factor due to environmental concerns rising from overuse of plastics. On the other hand, the growth opportunities for the global thermoforming machines market come from the importance of packaging to FMCG and retail companies as a branding and product differentiation tool. The packaging used by a company for their product is important to the branding and presentation of products in the marketplace and many companies have packaging trademarks for their distinctive packaging.

The global thermoforming machines trends are as follows:

Growth of world population, urbanisation and rising income

Rapid urbanization, growth in population and rise in disposable income of the average consumer has significantly bolstered the growth of the global packaging and plastics industries due to increases application in the global retail, textile, food & beverage, personal care products, pharmaceutical products and other packaging and plastic end users. Due to the aforementioned factors of growing population, urbanisation and increased standard of living of consumers around the world, the global consumer goods market has expanded to products that exhibit high quality packaging in keeping with competitive aesthetic standards and quality. This in turn is aiding the growth of the global thermoforming machines market. With growing population and increasing disposable income, the volume of production of pharmaceuticals, food & beverage and consumer goods has to be increased to meet the demand. The increased application of thermoforming machines in drug manufacturing industry, retail industry, transportation & logistics, and other end users is anticipated to drive the demand the market growth of the global thermoforming machines market in the near future.

Growth of e-commerce platforms

Emergence of e-commerce portals which offer added advantages such as convenience, discounts, and free delivery services is expected to increase the consumption of consumer products, chemicals and pharmaceuticals, subsequently driving the demand for packaging, plastics and by extension, the global thermoforming machines. Today, the marketplace is flooded with several e-commerce options for shoppers to choose from. Ordering from e-commerce platforms are growing due to ease and comfort of buying from the internet as opposed to going to brick and mortar stores that require time and energy. In addition to this the growing internet penetration, varied array of choices available to consumers from competitor platforms and rising disposable income of the average consumer are helping in the growth of the global thermoforming machine market. As more and more people use e-commerce to fulfill their shopping needs, the FMCG industry, pharmaceutical industry and other industries are facing a growing need to optimize and automate their operations to reduce time and labour costs. This is expected to help the global thermoforming machine market grow.

Key segments covered:

Segments

Subsegments

  Machine Type

  • Automatic
  • Semi- Automatic
  • Manual

  Packaging Type

  • Blister
  • Clamshell
  • Others

  Material Used

  • Acrylonitrile Butadiene Styrene (ABS)
  • Polyester Copolymer (PETG)
  • Polystyrene (PS)
  • Polycarbonate (PC)
  • Polypropylene (PP)
  • Polyethylene (PE) 
  • Polyvinyl Chloride (PVC)
  • Acrylic (PMMA)

  Process Used

  • Plug Assist Forming
  • Thick Gauge Thermoforming
  • Thin Gauge Thermoforming
  • Vacuum Snapback
  • Others

  Application

  • Plastic Trays
  • Cups
  • Blisters
  • Clamshells
  • Food Containers
  • Disposable Tableware
  • Industrial Packing Products
  • Others

 

  Industry verticals

 

  • Food and Beverage
  • Packaging
  • Pharmaceutical
  • Others

 

Key benefits of the report:

  • This study presents the analytical depiction of the global thermoforming machines industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global thermoforming machines market share.
  • The current market is quantitatively analyzed from 2019 to 2027 to highlight the global thermoforming machines market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed global thermoforming machines market analysis based on competitive intensity and how the competition will take shape in coming years.
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
PURCHASE OPTIONS

Start reading ,This title and over 12000 thousand more,available with Avenue Library, T&C*

Reach out to us

Call us on
( U.S. - Canada toll free )
+1-800-792-5285,   
Int'l : +1-503-894-6022
( Europe )
+ 44-845-528-1300
Drop us an email at
help@alliedmarketresearch.com

 
Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research Allied Market Research

Access from any device, anywhere

Clients can easily download both quantitative as well as
qualitative reports in PDF and excel formats.

 

HAVE QUESTIONS?
SPEAK WITH ANALYST

 

FREQUENTLY ASKED
QUESTIONS?

 

DID YOU MISS ANYTHING?
DO YOU HAVE SPECIFIC REQUIREMENTS?

 

REQUEST TOC/SAMPLE

OR

Purchase Full Report of
Thermoforming machines Market

  • Online Only
  • $3,456  $3,110
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Data Pack
  • $3,840  $3,456
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Single User
  • $5,769  $5,192
  • Restricted to one authorized user
  • One print only
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Five Users
  • $6,450  $5,805
  • Limited to five authorized users
  • Print upto five copies
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Enterprise
    License/PDF

  • $8,995  $8,096
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  •   Free quarterly industry update
  •   Free report update (Within 180 days)
  •   Subscription model sign in
  • Library Membership
  • $ 699/mo
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Start reading.
    This title and over 12,000+ are available on the Avenue Library. T&C*.

    Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 
 

Featured Reports

 

Featured Readings

 

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

 
Get Industry Data Alerts
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers