North America Thermoformed Plastics Market is expected to expand at a CAGR of 3.8% from 2021 to 2028
North America Thermoformed Plastics Industry Overview The North America thermoformed plastics market size was valued at USD 6.71 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 3.8% from 2021 to 2028. Factors such as the growing urbanization, increasing disposable income, and rapid industrialization across the world have propelled the demand for equipment used in automotive, food packaging, electrical and electronics, medical and healthcare, construction, and other industries. Due to their good plasticity, durability, toughness, transparency, high heat and chemical resistance, and lightweight characteristics, thermoformed plastics have gained traction in end products such as car headlights, visors, bottles, food packaging films, window frames, smartphones, and other devices. Gather more insights about the market drivers, restrains and growth of the North America Thermoformed Plastics Market The U.S. acco...