According to the Market Statsville Group (MSG), the Global Plastic Shims Market size is expected to grow at a CAGR of 3.6% from 2022 to 2030. A shim is a wedged, thin piece of a product used to fill spaces or gaps between objects. A shim is typically used to provide a level surface to an object. Shims are made from various materials, including composites, wood, paper, metals, and plastics. Plastic shims function in the same way that wooden or composite shims do. Generally, a shim or a plastic shim protects against rapid wear and tear. Traditional, adjustable or edge-bond, tapered, and peel-able shim stocks are all available on the market.

The plastic shims market is expected to grow rapidly due to increased applications in the packaging and shipping industries. It is also used to level windows during the installation process. Furthermore, rising demand from developing economies and a focus on the development of long-lasting plastic shims are expected to drive demand for plastic shims over the forecasted period. This expansion is primarily driven by rising packaging industry demand and availability in various styles and thicknesses.

Global Plastic Shims Market Dynamics

Drivers: Increasing Construction Industry Demand

Plastic shims are extensively used in the construction industry because they are completely waterproof, rotproof, and termite. Shims made of plastic have a number of advantages over those made of metal or wood. They won't rust, deteriorate, or change shape. They can be designed to withstand forces like vibration, friction, and others that could make other shim materials slide. Further, the growing population and urbanization lead to growing construction industry across the globe.

Restraints: Plastic Shims are Highly Flammable in Nature

Polyethylene is a colorless gas with a sweet odor and taste that is used to make plastic. It is also a highly flammable gas, ranging from 3% to 36% in air. Plastic shims made of plastic makes them highly flammable and limit their use, and this is going to hamper the growth of the plastic shims market

Opportunities: Rising Demand for Plastic Shims in Commercial Applications, as well as Growing Preference from Developing Countries

Plastic shims are widely used in commercial applications due to their numerous advantages. Construction contributes significantly to national socio?economic development by building infrastructure and production facilities. The growing government investment in infrastructure development will enhance the construction sector of various developing economies. Thus, the huge trend of plastic shims among developing countries creates lucrative opportunities for the plastic shims market in the coming years.

Scope of the Global Plastic Shims Market

The study categorizes the plastic shims market based on type, end-use, and distribution channel at the regional and global levels.

By Type Outlook (Sales, USD Million, 2017-2030)

• U-shaped Plastic Shims
• Square Plastic Shims
• Round Plastic Shims
• Others (Assorted Shim Packs, etc.)

By End-use Outlook (Sales, USD Million, 2017-2030)

• Residential
• Commercial

By Distribution Channel Outlook (Sales, USD Million, 2017-2030)

• Online
• Offline

By Region Outlook (Sales, USD Million, 2017-2030)

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Italy
  • France
  • UK
  • Spain
  • Poland
  • Russia
  • The Netherlands
  • Norway
  • Czech Republic
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Indonesia
  • Malaysia
  • Thailand
  • Singapore
  • Australia & New Zealand
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Colombia
  • Rest of South America
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • South Africa
  • Northern Africa
  • Rest of MEA

Offline distribution channel segment is projected to account for the largest market share, by distribution channel

Based on distribution channel, the global plastic shims market is divided into online and offline. The offline distribution channel is expected to have the largest market share and accounts for the highest CAGR, owing to the availability of plastic shims in the wholesale market. Further, the established market players are dependent on offline sales channels, thereby driving segmental growth.

North America accounts for the highest market share during the forecast period

Based on the regions, the global plastic shims market has been segmented across North America, Asia-Pacific, Europe, South America, and the Middle East & Africa. Globally, North America is estimated to hold the highest market share in the global plastic shims market during the forecast period. Plastic shims are in high demand in the United States. Wooden shims have long been used in the United States and other North American countries. However, plastic shims are becoming more popular throughout the region because they are completely waterproof, rot, and termite. They also do not shrink or swell. The aforementioned factors are driving up demand for plastic shims throughout the region.

Key Market Players in the Global Plastic Shims Market

The global Plastic Shims Market is highly competitive, with key industry players adopting various strategies such as product development, partnerships, acquisitions, agreements, and expansion to strengthen their market positions. Major market companies are indulged in expanding business across regions, augmenting their capabilities, and building strong partner relations.

Major players in the global plastic shims market are:

• PSA Company
• Bfseals
• TIMco
• Precision Brand Products Inc.
• Broadfix
• DeFelsko Corporation
• MAGNASPHERE Corp
• Jiangyin Yonghao Machinery Co. Ltd.
• Hebei Yilaihui Technology Co. Ltd.
• Others

Key Issues Addressed

• What is the market size by various segmentation of the plastic shims by region and its respective countries?
• What are the customer buying behavior, key takeaways, and Porter's 5 forces of the plastic shims market?
• What are the key opportunities and trends for manufacturers involved in the plastic shims supply chain?
• What are the fundamental dynamics (drivers, restraints, opportunities, and challenges) of the market?
• What and how regulations, schemes, patents, and policies are impacting the growth of the market?
• What are the upcoming technological solutions influencing market trends? How will existing companies adapt to the new change in technology?
• The market player positioning, top winning strategies by years, company product developments, and launches will be?
• How has COVID-19 impacted the demand and sales of plastic shims in the global market? Also, the expected BPS drop or rise count of the market and market predicted recovery period.
• Detailed analysis of the competitors and their latest launch, and what are the prominent startups introduced in the target market? Also, detailed company profiling of 25+ leading and prominent companies in the market.