Press release
Global Thermoforming Machines Market Soars as Demand Rises for Custom Packaging and Sustainable Solutions
Thermoforming Machines Market SizeThe global market for Thermoforming Machines was valued at US$ 1115 million in the year 2024 and is projected to reach a revised size of US$ 1554 million by 2031, growing at a CAGR of 4.9% during the forecast period.
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The core manufacturers of Thermoforming Machines include ILLIG Maschinenbau, Kiefel, MULTIVAC and BMG Solutions. The top four manufacturers accounting for around 37% of the market. Europe is the largest market with a market share of around 25%. In terms of product type, Fully Automatic Thermoforming Machines account for about 81% of the market share. From an application perspective, Packaging is the largest downstream market, accounting for about 52% of the market share.
By Type
• Manual Thermoforming Machines
• Semi-Automatic Thermoforming Machines
• Fully Automatic Thermoforming Machines
By Application
• Packaging
• Home Appliances
• Automotive
• Consumer Electronics
Key Companies
ILLIG Maschinenbau, Kiefel, MULTIVAC, BMG Solutions, COMI Spa, GABLER Thermoform, Asano Laboratories, SCM Group, Irwin Research & Development, Inc., MAAC Machinery, WM Thermoforming Machines, SencorpWhite, GEISS AG, Cannon, Scandivac, Veripack, Colimatic, QS Group, Frimo, Hamer Packaging Technology, ULMA Packaging, GEA, BELCA, ERKUR MAKINE, Rajoo Engineers Limited, Ridat, Rohde Thermoforming Systems, WEBOMATIC, Agripak, ZED Industries, BMB srl, Anhui Kingpower, Anhui Sunmine, Honghua Machinery, Qingdao Ouxin, Chuzhou Leaptop, Guangzhou Kinte, Jornen Machinery, Shantou Dacheng Environmental Precision Machinery
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