Product Code: ETC4507225 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
Thermoforming plastics are crucial in the packaging and automotive industries. The thermoforming process allows the creation of various products, such as food containers and automobile components. As these industries expand, the demand for thermoforming plastics grows.
The India thermoforming plastic market is growing, primarily fueled by the packaging and automotive industries. Thermoformed plastics offer cost-effective and versatile solutions for packaging and vehicle components. The expanding e-commerce sector and the demand for lightweight automotive components are driving the market.
The thermoforming plastic market in India faces challenges related to sustainability and environmental concerns. With the growing emphasis on eco-friendly materials, manufacturers must explore options for biodegradable and recyclable thermoforming plastics. The market also needs to deal with fluctuations in raw material prices and ensure consistency in product quality. Additionally, competition from alternative packaging materials, such as glass and metal, poses a threat to the market`s growth.
The India thermoforming plastic market experienced disruptions during the pandemic, primarily due to restrictions on manufacturing and supply chain interruptions. The demand for thermoformed plastic products in industries such as packaging, healthcare, and foodservice faced fluctuations. However, as the economy reopens, the market is expected to recover, driven by the packaging and consumer goods sectors. Manufacturers are likely to focus on sustainability and innovative packaging solutions post-pandemic.
Key players in India thermoforming plastic market include Jindal Poly Films, Uflex Ltd, Cosmo Films, and Polyplex Corporation, offering a wide range of thermoforming plastic solutions.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Thermoforming Plastic Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Thermoforming Plastic Market Revenues & Volume, 2021 & 2031F |
3.3 India Thermoforming Plastic Market - Industry Life Cycle |
3.4 India Thermoforming Plastic Market - Porter's Five Forces |
3.5 India Thermoforming Plastic Market Revenues & Volume Share, By Plastic Type, 2021 & 2031F |
3.6 India Thermoforming Plastic Market Revenues & Volume Share, By Thermoforming Type, 2021 & 2031F |
3.7 India Thermoforming Plastic Market Revenues & Volume Share, By Parts Type, 2021 & 2031F |
4 India Thermoforming Plastic Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for packaged food and beverages in India, leading to higher demand for thermoforming plastics as packaging materials. |
4.2.2 Growing awareness about eco-friendly packaging solutions, driving the adoption of recyclable and biodegradable thermoforming plastics. |
4.2.3 Expansion of end-user industries such as electronics, pharmaceuticals, and consumer goods, creating a larger market for thermoforming plastics. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials like petrochemicals impacting the production cost of thermoforming plastics. |
4.3.2 Regulatory challenges related to plastic waste management and environmental concerns leading to stricter regulations on plastic usage. |
5 India Thermoforming Plastic Market Trends |
6 India Thermoforming Plastic Market, By Types |
6.1 India Thermoforming Plastic Market, By Plastic Type |
6.1.1 Overview and Analysis |
6.1.2 India Thermoforming Plastic Market Revenues & Volume, By Plastic Type, 2021-2031F |
6.1.3 India Thermoforming Plastic Market Revenues & Volume, By PP, 2021-2031F |
6.1.4 India Thermoforming Plastic Market Revenues & Volume, By PS, 2021-2031F |
6.1.5 India Thermoforming Plastic Market Revenues & Volume, By PET, 2021-2031F |
6.1.6 India Thermoforming Plastic Market Revenues & Volume, By PE, 2021-2031F |
6.1.7 India Thermoforming Plastic Market Revenues & Volume, By PVC, 2021-2031F |
6.1.8 India Thermoforming Plastic Market Revenues & Volume, By Bio-plastics, 2021-2031F |
6.2 India Thermoforming Plastic Market, By Thermoforming Type |
6.2.1 Overview and Analysis |
6.2.2 India Thermoforming Plastic Market Revenues & Volume, By Vacuum Formed, 2021-2031F |
6.2.3 India Thermoforming Plastic Market Revenues & Volume, By Pressure Formed, 2021-2031F |
6.2.4 India Thermoforming Plastic Market Revenues & Volume, By Mechanical Formed, 2021-2031F |
6.3 India Thermoforming Plastic Market, By Parts Type |
6.3.1 Overview and Analysis |
6.3.2 India Thermoforming Plastic Market Revenues & Volume, By Thin Gauge, 2021-2031F |
6.3.3 India Thermoforming Plastic Market Revenues & Volume, By Thick Gauge, 2021-2031F |
7 India Thermoforming Plastic Market Import-Export Trade Statistics |
7.1 India Thermoforming Plastic Market Export to Major Countries |
7.2 India Thermoforming Plastic Market Imports from Major Countries |
8 India Thermoforming Plastic Market Key Performance Indicators |
8.1 Recycling Rate of Thermoforming Plastics in India |
8.2 Adoption Rate of Biodegradable Thermoforming Plastics in Various Industries |
8.3 Number of New Product Innovations in the Thermoforming Plastic Market |
8.4 Average Utilization Rate of Thermoforming Plastic Manufacturing Capacity |
8.5 Percentage of Thermoforming Plastic Waste Diverted from Landfills |
9 India Thermoforming Plastic Market - Opportunity Assessment |
9.1 India Thermoforming Plastic Market Opportunity Assessment, By Plastic Type, 2021 & 2031F |
9.2 India Thermoforming Plastic Market Opportunity Assessment, By Thermoforming Type, 2021 & 2031F |
9.3 India Thermoforming Plastic Market Opportunity Assessment, By Parts Type, 2021 & 2031F |
10 India Thermoforming Plastic Market - Competitive Landscape |
10.1 India Thermoforming Plastic Market Revenue Share, By Companies, 2024 |
10.2 India Thermoforming Plastic Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |