Thermoformed Plastics For Printing Market To Reach $67.77 Million By 2030

Thermoformed Plastics For Printing Market Growth & Trends

The global thermoformed plastics for printing market size is anticipated to reach USD 67.77 million in 2030 and is expected to expand at a CAGR of 7.2% from 2025 to 2030. Rapidly increasing expenditure on advertisements from major economies, especially in the U.S., is projected to largely contribute to the growth in demand for thermoformed plastics for printing over the forecast period.

Polyethylene Terephthalate Glycol (PETG) is a modified version of Polyethylene Terephthalate (PET) with improved durability. PETG has glycol added to PET, which prevents crystallization during the extrusion process. PETG is a clear and transparent material and is widely used in display and outdoor signages and promotional and branding products. Acrylic material offers properties, such as optical clarity, excellent impact resistance, high resistance to sunlight, low molding shrinkage, and high dimensional stability. These properties make acrylic suitable for use in the manufacturing of display and outdoor signages and promotional and branding products.

The market in India is anticipated to witness significant growth over the forecast period owing to the growing signage and advertising industries. In the advertising industry, the display and outdoor signage application segment plays a major role in promoting and branding the products by placing the banners and display boards in areas, such as multiplexes, retail outlets, pubs and bars, restaurants, banks, and Quick Service Restaurants (QSRs). According to the India Brand Equity Foundation (IBEF) report, India’s advertising industry is the second-fastest-growing industry in Asia, after China, in 2019. As a result, manufacturers from across the world are exploring and investing in the Indian market, which, in turn, is expected to increase the demand for thermoformed plastics over the forecast period.

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Thermoformed Plastics For Printing Market Report Highlights

• The polycarbonate segment held the dominant position in the market, with the largest revenue share of 34.3% in 2024, owing to its excellent plastic deformation without cracking and breaking, which makes it suitable for display and outdoor signage and gaming panels

• The thick gauge thermoforming segment led the market and accounted for the largest revenue share of 49.2% in 2024. ABS, polycarbonate, HDPE, and polypropylene are the commonly used plastics with thick gauge thermoforming

• The display and outdoor signages application segment is expected to emerge as the fastest-growing segment over the forecast period owing to increasing demand in electronics application as protective films for LED and OLED displays

• The North America thermoformed plastics for printing market dominated the global market and accounted for the largest revenue share of 52.1% in 2024

Thermoformed Plastics For Printing Market Segmentation

Grand View Research has segmented the Thermoformed Plastics For Printing market report based on product, application, and region

Thermoformed Plastics For Printing Product Outlook (Volume, Tons; Revenue, USD Thousand, 2018 - 2030)

• Polycarbonate

• High Impact Polystyrene (HIPS)

• Acrylonitrile Butadiene Styrene

• Polyvinyl Chloride (PVC)

• Polyethylene Terephthalate Glycol (PETG)

• Acrylic

• Others

Thermoformed Plastics For Printing Process Type Outlook (Volume, Tons; Revenue, USD Thousand, 2018 - 2030)

• Plug Assist Forming

• Thick Gauge Thermoforming

• Thin Gauge Thermoforming

• Vacuum Snapback

• Others

Thermoformed Plastics For Printing Application Outlook (Volume, Tons; Revenue, USD Thousand, 2018 - 2030)

• Display & Outdoor Signages

• Promotional & Branding Products

• Gaming Panels

• Others

Thermoformed Plastics For Printing Regional Outlook (Volume, Tons; Revenue, USD Thousand, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • UK

  • France

  • Italy

• Asia Pacific

  • China

  • India

  • Japan

• Latin America

• Middle East and Africa

List of Key Players in Thermoformed Plastics For Printing Market

• Omega Plastics LLC

• Productive Plastics, Inc.

• Universal Plastics Group, Inc

• Aero-Plastics Inc.

• Sulapac Oy

• Sriyug Print Production

• MANGALAM PLASTIC INDUSTRIES

• HIP LIK

• Zhejiang Sayeah Machinery Co.,ltd.

• Desu Technology (Shanghai) Co., Ltd.