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Download Free sampleThermoforming 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.
Thermoforming Packaging Machinery Market contains market size and forecasts of Thermoforming Packaging Machinery in global, including the following market information:
The global Thermoforming Packaging Machinery market was valued at 977.5 million in 2021 and is projected to reach US$ 1313.9 million by 2028, at a CAGR of 4.3% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Below 20 Cycles/Min Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Thermoforming Packaging Machinery include ILLIG Maschinenbau, MULTIVAC, Kiefel, Asano Laboratories, Frimo, QS Group, GABLER Thermoform, GEISS AG and Irwin Research & Development, Inc., etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Thermoforming Packaging Machinery 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:
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