The Automatic Thermoforming Vacuum Machine Market is expected to be worth USD 201.3 million by 2023. It is predicted to be worth USD 321.7 million by 2033. The automatic thermoforming vacuum machine business is expected to record a CAGR of 4.8% between 2023 and 2033.
Thermoforming is stretching and molding a plastic sheet into the required mold or shape by heating it to a temperature where it breaks. After that, the plastic sheet or film may be held in place to cool and firm, allowing it to take on the desired shape. An automatic thermoforming vacuum machine puts products in rigid or flexible packaging automatically. These machines employ packing material rolls to make and seal the containers.
The machine uses heat and vacuum to create the 3D shapes of the packing material. The engines use a software program, a heating element, a controlling system, a cooling system, a forming section, and a loading out system to process the plastic. Factors such as minimal electric power, ease of maintenance and lower costs, high productivity, efficient material consumption, and low product cost favor the global automatic thermoforming vacuum machine industry.
Various vacuum-forming machines and labor availability are expected to be significant factors hindering the growth of the market during the forecast period.
Growth Elements
Automatic Thermoforming Vacuum Machine Industry (From 2018 to 2022)
| Attributes | Details |
|---|---|
| Market HCAGR (From 2018 to 2022) | 2.6% |
| Market Size - 2018 | USD 175.34 million |
| Market Size - 2022 | USD 194.3 million |
Automatic Thermoforming Vacuum Machine Industry (From 2023 to 2033)
| Attributes | Details |
|---|---|
| Market CAGR (From 2023 to 2033) | 4.8% |
| Market Size - 2023 | USD 201.3 million |
| Market Size - 2033 | USD 321.7 million |
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The automatic thermoforming vacuum machine market experienced significant growth from 2018 to 2022. Advancements in technology, increased demand from industries such as food packaging and healthcare, and the need for efficient manufacturing processes were key factors pushing the market growth.
From 2023 to 2033, the market is expected to witness even greater expansion. Factors such as expanding industrial sectors, rising adoption of automation, and the growing demand for sustainable and eco-friendly packaging solutions may spur market growth. The emerging markets and the development of innovative thermoforming techniques contributed to the market expansion in this period.
The packaging industry is a primary driver of the global automatic thermoforming vacuum equipment market. Other important aspects projected to drive the growth of the automatic thermoforming vacuum machine market during the analysis period are low cost, efficiency, desirable high speed, and ease of tooling,
These automatic thermoforming vacuum machines ensure equal heat distribution with low stress and maintain product quality, which is expected to promote market growth. The global food and beverage industry is driving the development of automatic thermoforming vacuum machines.
The machine allows for the use of various materials, allowing users to have a more cost-effective molding process. This is another aspect that may push market growth in the upcoming years.The automatic thermoforming vacuum machine has a wide range of industrial and commercial applications, projected to drive market expansion over the forecast period.
Furthermore, the emergence of e-commerce portals that provide additional benefits such as convenience, free delivery services, and discounts is expected to boost the utilization of chemicals, consumer goods, and medical products, thereby driving demand for packaged food, plastics, and by extension, the global automatic thermoforming vacuum machine market.
Principal Consultant
At present, thermoforming is dependent on non-biodegradable plastics. While these plastic items are designed to be used repeatedly, they have a natural end to their existence. There is also the danger of breakage, particularly when the items are subjected to intense temperatures.
In theory, there is nothing to prevent thermoformed articles from being recycled rather than discarded, but the ability to recycle the plastics used in thermoforming might vary greatly. Such issues may limit this market's growth during the forecast period.
High investment costs, the availability of various vacuum-forming equipment, and inclinations for semi-automatic or manual machines due to labor availability are some primary factors projected to impede the growth of the automatic thermoforming vacuum machine market during the forecast period. The non-availability of qualified operators for the machine and the non-uniformity of moldings are issues impeding market growth in the next few years.
| Attributes | Details |
|---|---|
| United States Market Share - 2023 | 24.00% |
| Australia Market Share - 2023 | 1.4% |
In terms of market share and revenue, the North American market is expected to grow steadily during the projection period of 2023 to 2033. The analysts at Future Market Insights predict that by 2023, the market in North America is expected to acquire a global market size of 18%.
The existences of the food, beverage, and packaging industries, as well as the availability of increased financial funds, are likely to drive such expansion in the region. The total value of the United States packaging sector was about USD 192 billion in 2021, a rise of about USD 7 over the previous year. As a result of such growth in demand for dependent industries, the North American market may thrive at a considerable CAGR between 2023 and 2033.
| Attributes | Details |
|---|---|
| Japan Market Share - 2023 | 5.80% |
| China Market CAGR (From 2023 to 2033) | 5.50% |
| India Market CAGR (From 2023 to 2033) | 6.3% |
The Asia Pacific automatic thermoforming vacuum equipment market is expected to be one of the speedy-growing markets in the world during the forecast period. The regional market comprises developing economies such as China, India, and Japan, whose commercial as well as industrial developments are taking place at a higher rate than other developing nations throughout the world.
With a rising population and increasing disposable income in these regions, the volume of pharmaceutical, food, beverage, and consumer goods manufacturing are too increasing to fulfill demand.
The rising use of automatic thermoforming vacuum machines in the pharmaceutical sector, transportation and logistics, retail industry, and other end users is expected to boost demand and market growth in the Asia Pacific thermoforming machines market in the near future.
| Attributes | Details |
|---|---|
| Germany Market Share - 2023 | 5% |
| United Kingdom Market CAGR (From 2023 to 2033) | 4.4% |
In 2023 Europe may hold 24% of the global market share. This region is expected to be the most lucrative region for automatic thermoforming vacuum machines during the forecast period, 2023 to 2033.
Rapid urbanization, population growth, and an increase in average consumer disposable income have significantly boosted the growth of the global automatic thermoforming vacuum machine business, owing to increased application in the global retail, food & beverage, textile, pharmaceutical products, personal care products, and other packaging and plastic end users.
Europe dominates the automatic thermoforming vacuum machine market, owing to investors' increased interest in industrial development in countries such as France and Germany.
In light of the aforementioned characteristics of expanding population, urbanization, and increased standard of living among customers worldwide, the global consumer goods market has expanded to include products with high-quality packaging that adhere to competitive aesthetic standards and quality. As a result, the global automatic thermoforming vacuum equipment market is expanding.
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| Segment | End Use |
|---|---|
| Segment Name | Food |
| Segment Share | 39.10% |
During the projected period, the food category is expected to register a CAGR of 3.8%. Automatic thermoforming vacuum machines are increasingly used to preserve food for subsequent use and prevent rotting. This method is known as a hygienic packaging solution. Sterile packaging solutions are an efficient approach for end users to profit from food preservation, and they are increasing in popularity in commercial applications.
The rising demand in this segment is also due to the benefits provided by automatic thermoforming vacuum machines, such as protection from external contaminants such as dust, insects, dampness, and other infectious materials that might ruin the product. These are some prominent factors that are going to accelerate growth in this segment during the forecast period.
| Segment | Application |
|---|---|
| Segment Name | Blisters |
| Segment Share | 29.80% |
In terms of application, blisters dominate the market. Blisters are frequently employed in packaging a wide range of products, including medications, electronics, and consumer goods. Blister packaging's capacity to provide good product visibility, tamper resistance, and protection against external elements contributes to its market dominance.
Blister packaging is used for storing, transporting, and displaying products in retail stores. Due to its adaptability and widespread application across industries, blister packaging is anticipated to increase further.
The key players in this market include CN Thermoforming Machine, Asano Laboratories Co. Ltd., KIEFEL GmbH, Formech USA, FRIMO Group GmbH, Gabler Thermoform GmbH & Co. KG, QS Group S.p.A, Brown Machine Group Holdings LLC, Algus Packaging Inc., Webomatic Maschinenfabrik GmbH, COMI S.p.A, Rajoo Engineers Ltd., and GEISS AG.
Recent Breakthroughs and Developments
| Company | Asano Laboratories Co. Ltd. |
|---|---|
| Strategy | Asano Laboratories Co. Ltd. supporting Japan's plastic resource recycling law |
| Details | In April 2022, the Japanese government passed the plastic resource recycling law. With new materials from Japan and beyond, Asano Laboratories Co. Ltd. supports and abides by this new law. For recycling, they choose single-raw-material plastics. They wish to use PET as a raw material for a variety of reasons. The first is due to its flexibility. The strength increases with thickness and can be reduced by employing products of the same shape, resulting in fewer raw resources. Another reason they prefer to work with PET over other plastic materials is that PET allows them to work with that sheet of pre-layer VRV made of virgin recycling. |
| Company | Formech USA |
|---|---|
| Strategy | Formech USA Empowering Industries with Advanced Thermoforming Technology |
| Details | Formech USA is a thermoforming machinery manufacturer that also produces vacuum-forming machinery. Forming gear is available in desktop, large format, floor standing, semi-automated, and fully automatic configurations. A quartz heater and a forming area ranging from 11 x 9.1 in. to 93.7 x 45.7 in. are among the features. It serves the film, education, aerospace, automotive, medical, packaging, Research and Development, confectionery, signs, production, and point-of-sale industries. |
The Asia Pacific region generated 40% of the global demand for automatic thermoforming vacuum machines in 2022.
The Asia Pacific market is expected to grow at a CAGR of 6% through 2033.
The stainless steel material type segment contributes 50% of total production.
The tabletop automatic thermoforming vacuum machines segment holds 30% of the global market share.
The global market exhibited a CAGR of 2.6% in 2022.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Operating Speed 5.1. Less than 10 Moulds per Minute 5.2. 10 to 20 Moulds per Minute 5.3. More than 20 Moulds per Minute 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Application 6.1. Blisters 6.2. Clamshells 6.3. Trays 6.4. Cups 6.5. Others 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End Use 7.1. Food 7.2. Pharmaceuticals 7.3. Personal Care & Cosmetics 7.4. Home Care 7.5. Others 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 8.1. North America 8.2. Latin America 8.3. Western Europe 8.4. Eastern Europe 8.5. South Asia and Pacific 8.6. East Asia 8.7. Middle East and Africa 9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 16. Key Countries Market Analysis 17. Market Structure Analysis 18. Competition Analysis 18.1. CN Thermoforming Machine 18.2. Asano Laboratories Co. Ltd. 18.3. KIEFEL GmbH 18.4. FRIMO Group GmbH 18.5. Gabler Thermoform GmbH & Co. KG 18.6. QS Group S.p.A 18.7. Brown Machine Group Holdings LLC 18.8. Algus Packaging Inc. 18.9. Webomatic Maschinenfabrik GmbH 18.10. COMI S.p.A 18.11. Rajoo Engineers Ltd. 18.12. GEISS AG. 19. Assumptions & Acronyms Used 20. Research Methodology
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Automatic Thermoforming Vacuum Machine Market
