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US Thermoformed Plastics Market

ID: MRFR/CnM/15419-HCR
111 Pages
Chitranshi Jaiswal
October 2025

US Thermoformed Plastics Market Research Report By Product (Polyethylene Terephthalate (PET), Polymethyl, Methacrylate (PMMA), Polyethylene (PE), Polypropylene (PP), Polystyrene (PS), Acrylonitrile Butadiene Styrene (ABS), Polyvinyl Chloride (PVC), High Impact Polystyrene (HIPS), Biodegradable Polymer), By Process (Vacuum Forming, Pressure Forming, Mechanical Forming) and By Application (Packaging, Construction, Electrical & Electronics, Automotive Packaging, Consumer Goods) - Forecast to 2035.

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US Thermoformed Plastics Market Infographic
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US Thermoformed Plastics Market Summary

As per analysis, the US thermoformed plastics market is projected to grow from USD 9.19 Billion in 2025 to USD 14.0 Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 4.3% during the forecast period (2025 - 2035).

Key Market Trends & Highlights

The US thermoformed plastics market is poised for growth driven by sustainability and technological advancements.

  • The packaging segment remains the largest contributor to the US thermoformed plastics market, particularly in food and beverage applications.
  • The medical segment is currently the fastest-growing area, reflecting increasing demand for healthcare-related products.
  • E-commerce growth is significantly influencing the market, as more companies seek efficient packaging solutions.
  • Rising demand in food packaging and healthcare applications serves as a major driver for the expansion of the thermoformed plastics market.

Market Size & Forecast

2024 Market Size 8.81 (USD Billion)
2035 Market Size 14.0 (USD Billion)
CAGR (2025 - 2035) 4.3%

Major Players

Sonoco Products Company (US), Placon Corporation (US), Pactiv Evergreen Inc. (US), Berry Global Inc. (US), Sealed Air Corporation (US), Amcor plc (US), Greiner Packaging International GmbH (US), Dart Container Corporation (US)

US Thermoformed Plastics Market Trends

The US thermoformed plastics market is currently experiencing a notable transformation, driven by a combination of technological advancements and evolving consumer preferences. As industries increasingly prioritize sustainability, the demand for eco-friendly materials has surged. This shift is prompting manufacturers to explore innovative solutions that reduce environmental impact while maintaining product quality. Additionally, the rise of e-commerce has led to a greater need for efficient packaging solutions, further propelling the growth of thermoformed plastics in various sectors, including food service and medical applications. Moreover, the competitive landscape within the US thermoformed plastics market is becoming more dynamic. Companies are investing in research and development to enhance product performance and expand their offerings. This focus on innovation is likely to foster collaboration between manufacturers and end-users, ensuring that the materials meet specific industry requirements. As the market continues to evolve, it appears that the integration of advanced technologies, such as automation and smart manufacturing, will play a crucial role in shaping the future of thermoformed plastics in the United States.

Sustainability Initiatives

The US thermoformed plastics market is increasingly influenced by sustainability initiatives. Manufacturers are adopting eco-friendly materials and processes to meet consumer demand for greener products. This trend reflects a broader commitment to reducing waste and enhancing recyclability, aligning with regulatory pressures and societal expectations.

Technological Advancements

Technological advancements are reshaping the US thermoformed plastics market. Innovations in production techniques, such as improved molding processes and automation, are enhancing efficiency and product quality. These developments enable manufacturers to respond swiftly to market demands and customize solutions for diverse applications.

E-commerce Growth

The growth of e-commerce is significantly impacting the US thermoformed plastics market. As online shopping continues to expand, the need for effective packaging solutions is rising. Thermoformed plastics are increasingly utilized for protective packaging, ensuring product safety during transit and enhancing the overall consumer experience.

Market Segment Insights

By Application: Packaging (Largest) vs. Medical (Fastest-Growing)

In the US thermoformed plastics market, the application segment showcases a diverse distribution of market share across various sectors. Packaging takes the lead as the largest segment, driven by the increasing demand for convenience and sustainable materials in consumer packaging solutions. Other notable segments include consumer goods and automotive applications, which also contribute significantly to the market, while medical applications are gaining traction due to rising healthcare demands and innovation in medical device packaging. As consumers become increasingly aware of environmental impact, there is a notable shift towards sustainable thermoformed packaging solutions. The medical segment is projected to grow at the fastest pace, fueled by advancements in healthcare technology, an aging population, and the rising prevalence of chronic diseases. Additionally, innovation in thermoformed plastics that cater specifically to medical needs further propels this growth, highlighting the dynamic nature of the application segment in the US market.

Packaging (Dominant) vs. Electronics (Emerging)

The packaging sector remains the dominant force within the US thermoformed plastics market, characterized by its versatility and adaptability to meet the diverse needs of various industries. This segment benefits from advancements in materials that enhance the durability and functionality of packaging solutions. Meanwhile, the electronics application, while currently categorized as emerging, is gaining attention as manufacturers seek lightweight and protective packaging solutions for electronic components. As the trend towards miniaturization in electronic devices continues, the demand for innovative thermoformed plastics that offer customization and enhanced protection is expected to rise. Consequently, this duality of dominance and emergence within the application segment illustrates the evolving landscape of the thermoformed plastics market in the United States.

By End Use: Food and Beverage (Largest) vs. Healthcare (Fastest-Growing)

In the US thermoformed plastics market, the 'Food and Beverage' sector captures the largest share, driven by the growing demand for convenient packaging solutions such as trays, containers, and cups. As consumers increasingly seek ready-to-eat options and on-the-go meals, thermoformed plastics have become essential for food preservation and presentation. In contrast, the 'Healthcare' segment is experiencing rapid growth due to heightened demand for medical packaging and disposable products, especially in light of recent health crises that emphasize hygiene and safety.

Food and Beverage (Dominant) vs. Healthcare (Emerging)

The 'Food and Beverage' segment remains the dominant force in the US thermoformed plastics market, characterized by the high consumption of single-use products that cater to convenience and portability. This sector is marked by innovation in packaging design aimed at enhancing product shelf life and consumer appeal. On the other hand, the 'Healthcare' segment is emerging as a key player, driven by the increasing need for sterile and safe packaging solutions for pharmaceuticals and medical devices. This growth is fueled by advancements in healthcare technology and a rising focus on patient safety, which necessitate the use of thermoformed plastics that meet rigorous regulatory standards.

By Material Type: Polypropylene (Largest) vs. Polystyrene (Fastest-Growing)

In the US thermoformed plastics market, the material type segment showcases a diverse distribution among various resins, with Polypropylene emerging as the largest category due to its versatility and cost-effectiveness. Following closely is Polyethylene, which remains a strong contender due to its excellent moisture resistance and flexibility. Polystyrene holds a significant share as well, but it is Polystyrene's rapid adoption in innovative applications that positions it as one of the fastest-growing segments, reflecting an evolving consumer preference.

Polypropylene (Dominant) vs. Polystyrene (Emerging)

Polypropylene is known for its high impact strength, chemical resistance, and lightweight properties, making it ideal for a wide range of applications in the US thermoformed plastics market, particularly in food packaging and disposable containers. As the dominant player, it meets the increasing demand for sustainable solutions and can be easily recycled. In contrast, Polystyrene, while traditionally used for products like cups and containers, is emerging due to its insulating properties and is gaining traction in industries focused on sustainability and innovation. The recent push towards eco-friendly alternatives is amplifying its growth prospects, showcasing its adaptability in the evolving market landscape.

Get more detailed insights about US Thermoformed Plastics Market

Key Players and Competitive Insights

The thermoformed plastics market exhibits a dynamic competitive landscape characterized by innovation and strategic maneuvering among key players. Companies such as Sonoco Products Company (US), Pactiv Evergreen Inc. (US), and Berry Global Inc. (US) are at the forefront, leveraging their operational strengths to capture market share. Sonoco Products Company (US) emphasizes sustainability in its product offerings, aligning with growing consumer demand for eco-friendly solutions. Meanwhile, Pactiv Evergreen Inc. (US) focuses on expanding its product portfolio through strategic acquisitions, enhancing its competitive positioning. Berry Global Inc. (US) appears to prioritize technological advancements, particularly in automation and digital transformation, which may streamline operations and improve efficiency.

The market structure is moderately fragmented, with several players vying for dominance. Key tactics employed by these companies include localizing manufacturing to reduce lead times and optimize supply chains. This approach not only enhances responsiveness to market demands but also mitigates risks associated with global supply chain disruptions. The collective influence of these major players shapes a competitive environment where innovation and operational efficiency are paramount.

In November 2025, Pactiv Evergreen Inc. (US) announced the launch of a new line of biodegradable thermoformed products, which could potentially set a new standard in the industry. This strategic move underscores the company's commitment to sustainability and positions it favorably among environmentally conscious consumers. The introduction of biodegradable options may also compel competitors to adapt their product lines to meet evolving market expectations.

In October 2025, Berry Global Inc. (US) unveiled a state-of-the-art manufacturing facility focused on advanced thermoforming technologies. This facility is expected to enhance production capabilities and reduce energy consumption, aligning with the company's sustainability goals. The investment in cutting-edge technology not only strengthens Berry's market position but also reflects a broader trend towards energy-efficient manufacturing processes within the industry.

In September 2025, Sonoco Products Company (US) entered into a strategic partnership with a leading technology firm to integrate AI-driven analytics into its production processes. This collaboration aims to optimize operational efficiency and improve product quality. By harnessing AI, Sonoco may gain a competitive edge in predictive maintenance and quality control, which are critical in maintaining customer satisfaction and reducing operational costs.

As of December 2025, the competitive trends in the thermoformed plastics market are increasingly defined by digitalization, sustainability, and technological integration. Strategic alliances are becoming more prevalent, enabling companies to pool resources and expertise to drive innovation. The shift from price-based competition to a focus on technological differentiation and supply chain reliability is evident. Companies that prioritize innovation and sustainability are likely to emerge as leaders in this evolving landscape, suggesting a future where competitive advantage hinges on adaptability and forward-thinking strategies.

Key Companies in the US Thermoformed Plastics Market market include

Industry Developments

The US Thermoformed Plastics Market has witnessed significant developments recently, driven by evolving consumer demands and sustainability concerns. In September 2023, Sonoco Products Company announced the expansion of its production capabilities to meet the increasing demand for eco-friendly packaging solutions. Meanwhile, Pactiv Evergreen has been investing in advanced technologies to enhance the recycling processes within their operations, aligning with industry trends towards sustainability. The market has also seen notable growth in valuation; Berry Global Group reported a 15% increase in revenue, reflecting the rising applications of thermoformed plastics across sectors like food packaging and medical supplies.

In terms of mergers and acquisitions, WestRock Company acquired a leading thermoform packaging provider in August 2023, a strategic move aimed at enhancing their product offerings. Exactech continues to expand, showcasing thermoformed solutions in orthopedic implants. Over the past two years, companies like Plastipak Holdings have focused on sustainable innovations and process redesigns. These trends reflect a broader shift within the US Thermoformed Plastics Market towards sustainability and innovation, driven by both consumer preferences and regulatory pressures.

Future Outlook

US Thermoformed Plastics Market Future Outlook

The US thermoformed plastics market is projected to grow at a 4.3% CAGR from 2024 to 2035, driven by increasing demand in packaging, automotive, and healthcare sectors.

New opportunities lie in:

  • Expansion into sustainable materials for eco-friendly packaging solutions.
  • Development of custom thermoformed products for niche markets.
  • Investment in advanced manufacturing technologies to enhance production efficiency.

By 2035, the thermoformed plastics market is expected to achieve robust growth, positioning itself as a key player in various industries.

Market Segmentation

US Thermoformed Plastics Market End Use Outlook

  • Food and Beverage
  • Healthcare
  • Automotive Components
  • Household Products
  • Industrial Applications

US Thermoformed Plastics Market Application Outlook

  • Packaging
  • Consumer Goods
  • Medical
  • Automotive
  • Electronics

US Thermoformed Plastics Market Material Type Outlook

  • Polyethylene
  • Polypropylene
  • Polystyrene
  • Polyvinyl Chloride
  • Acrylic

Report Scope

MARKET SIZE 20248.81(USD Billion)
MARKET SIZE 20259.19(USD Billion)
MARKET SIZE 203514.0(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)4.3% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Billion
Key Companies ProfiledSonoco Products Company (US), Placon Corporation (US), Pactiv Evergreen Inc. (US), Berry Global Inc. (US), Sealed Air Corporation (US), Amcor plc (US), Greiner Packaging International GmbH (US), Dart Container Corporation (US)
Segments CoveredApplication, End Use, Material Type
Key Market OpportunitiesGrowing demand for sustainable packaging solutions drives innovation in the US thermoformed plastics market.
Key Market DynamicsRising demand for sustainable packaging drives innovation in the US thermoformed plastics market.
Countries CoveredUS

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FAQs

What is the expected market size of the US Thermoformed Plastics Market by 2024?

The US Thermoformed Plastics Market is expected to be valued at 8.4 billion USD by 2024.

What market growth rate can be anticipated in the US Thermoformed Plastics Market from 2025 to 2035?

The market is projected to witness a compound annual growth rate (CAGR) of 4.753% from 2025 to 2035.

What will be the market size of Polyethylene Terephthalate (PET) in 2035?

The market size for Polyethylene Terephthalate (PET) is expected to reach 3.5 billion USD by 2035.

Which product segment holds the largest market share in the US Thermoformed Plastics Market?

Polyethylene (PE) is projected to hold a significant share of the market with expected revenues of 4.3 billion USD in 2035.

Who are the key players in the US Thermoformed Plastics Market?

Major players in the market include Sonoco Products Company, Sealed Air Corporation, and Pactiv Evergreen among others.

What is the expected market size of the US Thermoformed Plastics Market by 2035?

By 2035, the overall market size is anticipated to be valued at 14.0 billion USD.

How much is the Polymethyl Methacrylate (PMMA) segment expected to grow by 2035?

The PMMA segment is projected to increase to 2.0 billion USD by 2035 from 1.2 billion USD in 2024.

What challenges might affect the growth of the US Thermoformed Plastics Market?

Potential challenges could include fluctuations in raw material prices and environmental regulations impacting production.

What are some key applications of thermoformed plastics in the market?

Thermoformed plastics are widely used in packaging, consumer goods, and automotive components.

What impact does regionality have on the US Thermoformed Plastics Market?

Regional demand varies, with specific applications and growth opportunities present across different US states.

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