The global thermoformed plastics industry sales were worth USD 40.86 Billion in the year 2022 and is expected to reach USD 66.16 Billion by the year 2032 at a CAGR of 5.5% between 2022 and 2032. The pharmaceutical packaging sector is the major end-user of thermoformed plastics. The process of thermoforming involves fabricating plastic sheets by …