Press release
Thermoforming Machines Market Expected to Reach 1220 Million US$ by 2025 - QY Research, Inc.
In terms of production side, this report researches the Thermoforming Machines capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Thermoforming Machines by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
Thermoforming 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. This report mainly focuses on the thermoforming machines.
The market for Thermoforming Machines is fragmented with players such as ILLIG Maschinenbau, MULTIVAC, Kiefel, Asano Laboratories, Frimo, QS Group, GABLER Thermoform, COMI SpA, GEISS AG, Jornen Machinery, MAAC Machinery, WM Thermoforming Machines, Honghua Machinery, GN Thermoforming Equipment, BMB srl, Thermoforming Technology Group, CMS, Industries, Scandivac, Agripak and so on.
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The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Market stays in mature period with a clear concentration. There hardly to have obvious technology breakthrough except deeper system function integration. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins. Manufacturers can take advantage of this situation by reinforcing their production units and supply-chains to avoid any delay in production turn-around-times (TAT) and supply-lead-times.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. Even so, the market is intensely competitive .The study group recommends the new entrants just
having money but without technical advantage and upstream and downstream support do not to enter into this field.
The Thermoforming Machines market was valued at 880 Million US$ in 2017 and is projected to reach 1220 Million US$ by 2025, at a CAGR of 4.1% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Thermoforming Machines.
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This report includes the following manufacturers; we can also add the other companies as you want.
ILLIG Maschinenbau
MULTIVAC
Kiefel
Asano Laboratories
Frimo
QS Group
GABLER Thermoform
COMI SpA
Market Segment by Product Type
Manual Thermoforming Machines
Semi-Automatic Thermoforming Machines
Fully Automatic Thermoforming Machines
Market Segment by Application
Food and Beverage
Medicine and Pharmaceutical
Consumer Goods
Electrical and Electronic
Automobile
Others
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QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert’s resources (included energy automotive chemical medical ICT consumer goods etc.
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