France Thermoformed Plastic Market Size & Outlook, 2023-2030
- Plastics Polymers & Resins
- Plastic Resins
- Thermoformed Plastic Market Outlook
- Plastic Resins
Global Market
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France thermoformed plastic market highlights
- The France thermoformed plastic market generated a revenue of USD 372.9 million in 2023 and is expected to reach USD 499.5 million by 2030.
- The France market is expected to grow at a CAGR of 4.3% from 2024 to 2030.
- In terms of segment, polypropylene (pp) was the largest revenue generating product in 2023.
- Polymethyl methacrylate (PMMA) is the most lucrative product segment registering the fastest growth during the forecast period.
Thermoformed plastic market data book summary
| Market revenue in 2023 | USD 372.9 million |
| Market revenue in 2030 | USD 499.5 million |
| Growth rate | 4.3% (CAGR from 2023 to 2030) |
| Largest segment | Polypropylene (pp) |
| Fastest growing segment | Polymethyl methacrylate (PMMA) |
| Historical data | 2019 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polymethyl methacrylate (PMMA), Bio-degradable polymers, Polyethylene (PE), Acrylonitrile butadiene styrene (ABS), Poly vinyl chloride (PVC), High impact polystyrene (HIPS), Polystyrene (PS), Polypropylene (PP) |
| Key market players worldwide | Pactiv Evergreen Inc Ordinary Shares, Genpak, Sonoco Products Co, Packaging Corp of America, PLACON, Brentwood Industries, Greiner Bio-One, Palram Industries (1990) Ltd |
Other key industry trends
- In terms of revenue, France accounted for 2.5% of the global thermoformed plastic market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany thermoformed plastic market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 437.7 million by 2030.
In 2022, plastics manufacturing was one of the highly performing industry in France along with the fabricated metal products and rubber industries. Productivity of oil & gas refinery and chemicals also grew at a rapid rate, which helped trigger the growth of thermoformed plastics industry in the past few years.
The construction industry in France revived in 2021, after sustained weakness since the 2008 recession. This was attributed to high government investment in transport infrastructure, revival of both investor and consumer confidence, and developments in regional economic conditions.
The government is focusing on the development of affordable houses as well as renewable and sustainable energy infrastructure in the country. Under the 2030 Agenda for Sustainable Development, the government is planning to invest USD 4.5 billion to develop new housing facilities and around USD 5.6 billion for the development of sustainable and renewable energy infrastructure by 2030.
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Thermoformed Plastic Market Scope
Thermoformed Plastic Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Sonoco Products Co | View profile | 23,000 | 1 N. Second Street, Hartsville, SC, United States, 29550 | www.sonoco.com |
| Palram Industries (1990) Ltd | View profile | 1,531 | Kibbutz Ramat-Yohanan, Ramat-Yohanan, Israel, 30035 | www.palram.com |
| Pactiv Evergreen Inc Ordinary Shares | View profile | 15,000 | 1900 West Field Court, Lake Forest, IL, United States, 60045 | www.pactivevergreen.com |
| PLACON | View profile | 251-500 | Madison, Wisconsin, United States, North America | medical.placon.com |
| Genpak | View profile | 1001-5000 | Charlotte, North Carolina, United States, North America | www.genpak.com |
| Packaging Corp of America | View profile | 14,900 | 1 North Field Court, Lake Forest, IL, United States, 60045 | www.packagingcorp.com |
| Greiner Bio-One | View profile | 1001-5000 | Monroe, North Carolina, United States, North America | www.gbo.com/en_US/ |
| Brentwood Industries | View profile | 501-1000 | Reading, Pennsylvania, United States, North America | www.brentwoodindustries.com/ |
France Thermoformed Plastic Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Thermoformed Plastic Market Outlook will help companies and investors design strategic landscapes.
Polypropylene (Pp) was the largest segment with a revenue share of 21.94% in 2023.
Horizon Databook has segmented the France thermoformed plastic market based on polymethyl methacrylate (pmma), bio-degradable polymers, polyethylene (pe), acrylonitrile butadiene styrene (abs), poly vinyl chloride (pvc), high impact polystyrene (hips), polystyrene (ps), polypropylene (pp) covering the revenue growth of each sub-segment from 2019 to 2030.
In 2022, plastics manufacturing was one of the highly performing industry in France along with the fabricated metal products and rubber industries. Productivity of oil & gas refinery and chemicals also grew at a rapid rate, which helped trigger the growth of thermoformed plastics industry in the past few years.
The construction industry in France revived in 2021, after sustained weakness since the 2008 recession. This was attributed to high government investment in transport infrastructure, revival of both investor and consumer confidence, and developments in regional economic conditions.
The government is focusing on the development of affordable houses as well as renewable and sustainable energy infrastructure in the country. Under the 2030 Agenda for Sustainable Development, the government is planning to invest USD 4.5 billion to develop new housing facilities and around USD 5.6 billion for the development of sustainable and renewable energy infrastructure by 2030.
- France Thermoformed Plastic Market Product Outlook (Revenue, USD Million , 2019-2030)
- Polymethyl methacrylate (PMMA)
- Bio-degradable polymers
- Polyethylene (PE)
- Acrylonitrile butadiene styrene (ABS)
- Poly vinyl chloride (PVC)
- High impact polystyrene (HIPS)
- Polystyrene (PS)
- Polypropylene (PP)
- France Thermoformed Plastic Market Process Outlook (Revenue, USD Million , 2019-2030)
- Plug assist forming
- Thick gauge thermoforming
- Thin gauge thermoforming
- Vacuum snapback
- France Thermoformed Plastic Market Applications Outlook (Revenue, USD Million , 2019-2030)
- Healthcare & medical
- Food packaging
- Electrical & electronics
- Automotive
- Construction
- Consumer goods & appliances
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Horizon Databook provides a detailed overview of country-level data and insights on the France Thermoformed Plastic Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into France Thermoformed Plastic Market Outlook from 2019 to 2030, including revenue numbers, major trends, and company profiles.
France Thermoformed Plastic Market, 2019-2030 (US$M)
France thermoformed plastic market statistics, by product, 2019-2030 (US$M)
