Thermoformed Plastics provide properties with a number of benefits such as protection against moisture, bacteria, and odor. They are cost-effective and play a major role in increasing the overall shelf-life of packaged products.

By process, the market has been segmented into vacuum forming, pressure forming, heavy gauge (thick) thermoforming, thin thermoforming, plug assist, and others.

The global thermoformed plastics market size is expected to reach a valuation of USD 18,474.94 million by 2030 growing at a CAGR of 4.05% during the forecast period (2022–2030).

A thermoplastic, also known as thermosoftening plastic is a material that is moldable in any desired shape or size at a heightened temperature and solidifies when cooled. Thermoplastics are usually shaped or reshaped using several polymer processing techn...