Thermoforming Equipment Market: Trends, Demand, and Forecast Analysis through 2035
Overview:
The global thermoforming machines market is anticipated to see steady growth in the coming years. In 2025, the market size is expected to reach USD 1,045.4 million, driven by increasing demand across various industries. The rising need for efficient packaging solutions and the expansion of the automotive and healthcare sectors are significant factors propelling market growth.
Thermoforming machines are essential for producing a wide array of products, from food packaging to automotive components. Technological advancements in thermoforming processes, coupled with the development of new materials, are enhancing the capabilities and applications of these machines.
The automatic segment is expected to dominate the market due to its higher efficiency and reduced labor costs, making it a preferred choice for large-scale production. The packaging industry remains the largest end-user, benefiting from thermoforming’s ability to create customized and protective packaging solutions.
Regionally, Asia Pacific is projected to exhibit the highest growth rate, fueled by rapid industrialization and increasing investments in manufacturing. North America and Europe are also significant markets, with strong demand for advanced thermoforming technologies.
Key players in the market, such as ILLIG Maschinenbau GmbH & Co. KG and MULTIVAC Group, are focused on developing innovative and sustainable solutions to meet evolving customer needs. These companies are investing in research and development to improve machine performance and reduce environmental impact.
The market’s future growth is further supported by the increasing adoption of thermoformed products in the consumer goods and electronics industries. The continuous development of new applications and materials will continue to shape the trajectory of the global thermoforming machines market.

Year On Year Growth Chart
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Report Attribute | Details |
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Market Size in 2025 | USD 1,045.4 million |
Revenue Forecast for 2035 | USD 1,562.4 million |
Growth Rate (CAGR) | 4.1% from 2025 to 2035 |
Base Year for Estimation | 2024 |
Historical Data | 2020 – 2024 |
Forecast Period | 2025 – 2035 |
Quantitative Units | Revenue in USD million/billion and CAGR from 2025 to 2035 |
Report Coverage | Revenue forecast, company market share, competitive landscape, growth factors, and trends |
Covered Segments | Type, propulsion type, and region |
Regional Scope | North America, Europe, Asia Pacific |
Country Scope | U.S., Canada, Mexico, U.K., Germany, Italy, Poland, China, India, Japan, Australia, South Korea |
Key Companies Analyzed | ILLIG Maschinenbau GmbH & Co. KG; MULTIVAC Group; Brown Machine Group; GEA Group AG; Kiefel GmbH |
Customization Options | Free report customization (up to 8 analysts working days) with purchase. Changes to country, regional, and segment scope |
Pricing and Purchase Options | Customizable purchase options for tailored research needs |
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Key Companies Market Share
Report Coverage & Deliverables
- Market Trends And Dynamics
- Competitve Benchmarking
- Historical data and forecasts
- Value/Volume analysis
- Company revenue shares and key strategies
- Regional opportunities
This is an indicative segmentation. Please request a sample report to see detail segmentation of this market.
Detailed Market Segmentation
- By Operation Mode
- Manual
- Semi-Automatic
- Automatic
- By Machine Type
- Shuttle Table Machines
- Rotary Machines
- Inline Machines
- By Material Type
- Plastics (PVC, PET, ABS)
- Composites
- Other Materials
- By Application
- Packaging
- Automotive
- Healthcare
- Consumer Goods
- By Region
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., Italy, France, Poland)
- Asia-Pacific (China, India, Japan, South Korea, Australia)
Table of Content
- Executive Summary
- Market Overview
- Key Market Dynamics
- Success Factors
- Demand Analysis 2025-2035
- Pricing Trends
- Value Analysis 2025-2035 (USD million)
- Market Dynamics
- Market Forecast by Operation Mode
- Manual
- Semi-Automatic
- Automatic
- Market Forecast by Machine Type
- Shuttle Table Machines
- Rotary Machines
- Inline Machines
- Market Forecast by Material
- Plastics (PVC, PET, ABS)
- Composites
- Other Materials
- Market Forecast by Application
- Packaging
- Automotive
- Healthcare
- Consumer Goods
- Market Analysis by Region
- North America
- Europe
- Asia-Pacific
- North America Market Analysis 2025-2035
- Europe Market Analysis 2025-2035
- Asia-Pacific Market Analysis 2025-2035
- Regional Market Outlook 2025 & 2035
- Market Structure
- Competitive Landscape
- ILLIG Maschinenbau GmbH & Co. KG
- MULTIVAC Group
- Brown Machine Group
- GEA Group AG
- Kiefel GmbH
- Assumptions and Acronyms
- Research Methodology