Italy Thermoformed Plastic Market Size & Outlook

The thermoformed plastic market in Italy is expected to reach a projected revenue of US$ 679.1 million by 2030. A compound annual growth rate of 4.1% is expected of Italy thermoformed plastic market from 2024 to 2030.
Revenue, 2023 (US$M)
$514.0
Forecast, 2030 (US$M)
$679.1
CAGR, 2024 - 2030
4.1%
Report Coverage
Italy

Italy thermoformed plastic market highlights

  • The Italy thermoformed plastic market generated a revenue of USD 514.0 million in 2023 and is expected to reach USD 679.1 million by 2030.
  • The Italy market is expected to grow at a CAGR of 4.1% 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 2023USD 514.0 million
Market revenue in 2030USD 679.1 million
Growth rate4.1% (CAGR from 2023 to 2030)
Largest segmentPolypropylene (pp)
Fastest growing segmentPolymethyl methacrylate (PMMA)
Historical data2019 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPolymethyl 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 worldwidePactiv 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, Italy accounted for 3.5% 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.

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Thermoformed Plastic Market Scope

Thermoformed plastic market segmentation & scope
Polymethyl methacrylate (PMMA)
Bio-degradable polymers
Polyethylene (PE)
Acrylonitrile butadiene styrene (ABS)
Poly vinyl chloride (PVC)
High impact polystyrene (HIPS)
Polystyrene (PS)
Polypropylene (PP)
Plug assist forming
Thick gauge thermoforming
Thin gauge thermoforming
Vacuum snapback
Healthcare & medical
Food packaging
Electrical & electronics
Automotive
Construction
Consumer goods & appliances

Thermoformed Plastic Market Companies

Name Profile # Employees HQ Website

Italy 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 will help companies and investors design strategic landscapes.


Polypropylene (pp) was the largest segment with a revenue share of 21.93% in 2023. Horizon Databook has segmented the Italy 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.


Italy is a hub for oil & gas industry in Europe. The region’s end-use growth is followed by manufacturing & industrial production and healthcare and pharmaceutical industries. The demand for thermoformed plastics in the manufacturing industry is observed to have risen over the past couple of years along with their demand in pharmaceutical industry. 

These factors are estimated to significantly boost the demand for thermoformed plastics in the country. Furthermore, Italy is one of the most affected countries by the COVID-19 pandemic. 

Therefore, various healthcare equipment-manufacturing companies, in an effort to combat the pandemic, have started producing masks, surgical equipment and medical kit using thermoformed plastics on a bigger scale. 

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Horizon Databook provides a detailed overview of country-level data and insights on the Italy thermoformed plastic market , including forecasts for subscribers. This country databook contains high-level insights into Italy thermoformed plastic market from 2019 to 2030, including revenue numbers, major trends, and company profiles.

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Italy thermoformed plastic market size, by product, 2019-2030 (US$M)

Italy Thermoformed Plastic Market Outlook Share, 2023 & 2030 (US$M)

Italy thermoformed plastic market size, by product, 2019-2030 (US$M)

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