Global Plastic Vacuum Forming Market Size & Outlook

The plastic vacuum forming industry worldwide is expected to reach a projected revenue of US$ 7,241.4 million by 2030. A compound annual growth rate of 6.1% is expected of the worldwide plastic vacuum forming industry from 2024 to 2030.
Revenue, 2023 (US$M)
$4,789.7
Forecast, 2030 (US$M)
$7,241.4
CAGR, 2024 - 2030
6.1%
Report Coverage
Worldwide

Global plastic vacuum forming market, 2018-2030 (US$M)

Global plastic vacuum forming market highlights

  • The global plastic vacuum forming market generated a revenue of USD 4,789.7 million in 2023 and is expected to reach USD 7,241.4 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 6.1% by 2030.
  • In terms of segment, polymethyl methacrylate (pmma) accounted for a revenue of USD 4,789.7 million in 2023.
  • Polymethyl methacrylate (PMMA) is the most lucrative type segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2023.


Global data book summary

Market revenue in 2023USD 4,789.7 million
Market revenue in 2030USD 7,241.4 million
Growth rate6.1% (CAGR from 2023 to 2030)
Largest segmentPolymethyl methacrylate (pmma)
Fastest growing segmentPolymethyl methacrylate (PMMA)
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPolymethyl methacrylate (PMMA)


Other key industry trends

  • In terms of revenue, the North America accounted for 27.1% of the global plastic vacuum forming market in 2023.

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Plastic Vacuum Forming Market Scope

Plastic vacuum forming market segmentation & scope
Bio-degradable polymers
Polyethylene (PE)
Acrylonitrile butadiene styrene (ABS)
Poly vinyl chloride (PVC)
High impact polystyrene (HIPS)
Polystyrene (PS)
Polypropylene (PP)
End Use
Healthcare & medical
Food packaging
Electrical & electronics
Automotive
Construction
Consumer goods & appliances
Countries
Canada
Mexico
U.S.
Denmark
France
Germany
Italy
Norway
Russia
Spain
Sweden
UK
Australia
China
India
Indonesia
Japan
South Korea
Vietnam
Argentina
Brazil
Kuwait
Saudi Arabia
South Africa
UAE

Plastic Vacuum Forming Market Companies

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Global plastic vacuum forming market size, by regions, 2018-2030 (US$M)

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