Paper Trays Market
Paper Trays Market Analysis By Source (Virgin Fiber Paper Trays, Recycled Fiber Paper Trays), By Material (Corrugated Boards, Boxboards/Cartons, Molded Pulp), By End-use & By Region - Global Forecast 2022 to 2032
Analysis of Paper Trays market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Global Paper Trays Market Outlook (2022 to 2032)
The global paper trays market is estimated at USD 5,300 Million in 2022 and is forecast to surpass USD 8,900 Million by 2032, growing at a CAGR of 5.4% during 2022 to 2032.
Report Attributes | Details |
---|---|
Base Year Value (2021A) | USD 5,100 Million |
Estimated Year Value (2022E) | USD 5,300 Million |
Projected Year Value (2032F) | USD 8,900 Million |
CAGR Value (2022 to 2032) | 5.4% |
North America Market Share in 2021 | ~23% |
Collective Value Share (US, UK, Germany) 2022: Top 3 Countries | ~30% |
Top 5 Companies Market Share | ~15% |
Key Companies Profiled | Mondi Group plc; Huhtamaki Oyj; International Paper; BillerudKorsnas; UFP Technologies, Inc.; CS Packaging, Inc.; Stora Enso; Novolex; Orcon Industries; Athena Superpack Private Limited; Henry Molded Products, Inc. |
The global paper trays market accounts for ~2% of the global paper products market in 2022. The global paper trays market is estimated to have an absolute $ opportunity of USD 3,600 Million during the assessment period of 2022 to 2032.
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2017 to 2021 Global Paper Trays Market Outlook in Comparison to 2022 to 2032 Growth Forecast
Paper trays are gaining immense popularity amongst consumers due to the global war against plastic and are economical and sustainable. Recycled content offered by global leaders in paper tray market is gaining sustainable consumer base. These trays are manufactured using boxboards, molded pulp, or corrugated boards etc. and find extensive applications in, but not limited to retail, healthcare, food and beverages, personal care industries etc.
Escalating focus on sustainability and reducing plastic packaging waste is leading to augmented adoption of recyclable packaging solutions, which is likely to contribute 1.5X to the overall paper trays market demand.
Manufacturers in paper trays market are investing heavily in offering sustainable paper trays because of growing consumer preference towards them. Offering a variety of designs of paper trays as part of product differentiation strategy is poised to escalate profits by more than 3/5th. Additionally, the need for greener packaging solutions offers lucrative opportunities for manufactures to capture white space in the market.
Producers are focusing on new product launches, expansion of production facilities and making strategic alliances as key strategies to establish a strong foothold in the paper tray market. Additionally, the Asia-Pacific region presents growing opportunities for them, in terms of rising and unfulfilled demand where new players can acquire nearly 1/4th market share in the emerging economies of the region.
Fact.MR projects the paper trays market to witness exhibiting growth at 5.4% CAGR between 2022 and 2032 in comparison to a CAGR of 3.0% posted between 2017 and 2021.
Supermarkets Preferring Paper Trays
Supermarkets worldwide are influencing sales of paper trays by 1/5th as sustainable paper trays are entering into supermarkets on the back of ongoing plastic bans across regions. This has not only transformed the packaging landscape but has also allowed companies to leverage the ban in their favor, expected to enhance revenue by more than 25%. Moreover, manufacturers are collaborating with supermarkets and other sales chains to promote their products amongst consumers.
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Incorporating Technology in Paper Trays
Use of advanced technologies like modified atmosphere packaging technology, thermoforming are being incorporated by manufacturers in production process, which is bound to attract 2/5th additional demand for paper trays.
Investments are being done to offer freezer-safe and microwave-safe paper trays that carry the ability to satisfy rising demand for frozen food products amongst millennials in coming years.
Alternatives to Paper Trays
Plant-based plastic trays have emerged as an alternative to paper trays, focusing on solving plastic problems. These trays claim to feature high strength in addition to having a less damaging impact on the environment as it uses cornstarch as raw material. This is likely to restrict the growth of paper trays by 0.4X.
However, plant-based plastic is a type of bioplastic created from agricultural scraps. These scraps can be sugarcane, wheat, and corn or food waste. For plastic to be labelled as plant-based, 20% of the components need to be renewable while the rest 80% can be fossil fuels. This means, that the resulting plastic is likely to behave in a non-biodegradable manner making it challenging to degrade. Thus, this alternative cannot hamper market growth much as it is not so green after all.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Region-wise Insights
Which is the dominant region in Paper Trays Market?
North America paper trays market is the dominant region in the overall market. It contributed approximately 23.1% to the overall market share in 2021 and is poised to continue on the same trajectory for upcoming half-decade.
Tier 1 companies holds 15% of overall paper trays market share and have established their strong foothold in North American region. Additionally, they are tapping on huge growth potential in emerging economies by a combination of expansion of manufacturing facilities, strategic alliances, and new product launches. Thus, the market is projected to expand at a CAGR of approximately 3.9% during the assessment years of 2022 to 2032.
What is the market scenario in the Asia-Pacific?
East Asia and South Asia markets are contributing nearly 20.6% and 19.5% to the overall market share. Asia-Pacific market is likely to gain 320 BPS during the forecast years of 2022 to 2032 as it presents lucrative opportunities for manufacturers to tap into. For instance, food packaging industry and food retail sector is witnessing an immense growth in the region. The food service packaging market is expanding due to growth in tourism sector and improving lifestyles of consumers.
Thus, manufactures are focusing to establish grounds in emerging economies of Asia-Pacific such as India and China to expand their business footprints. These markets represents huge growth potential in terms of paper trays sales by nearly 50% because of changing food retail scenario due to the presence of supermarkets and hypermarkets in the region.
Category-wise Insights
Which source segment contributes maximum market growth in the Paper Trays Market?
Paper trays are segmented into virgin fiber and recycled fiber under the source segment. The recycled fiber paper trays segment contributes nearly 53.7% to the overall paper trays market.
Recycled fiber is used to produce paper products such as trays, cartons and corrugated boxes from post-consumer or post-industrial recycled materials. Being sustainable and environment-friendly tempts manufacturers to make extensive use of recycled fibers to make paper-based trays.
However, multiple recycling cycles end up in low-quality and inconsistencies of recycled fibers products. Therefore, a blend of virgin fibers and recycled fibers is used by manufacturers to enhance quality, strength and performance. This sub-segment is likely to bring in additional 1/3rd revenue during the assessment years of 2022 to 2032.
Which material type is likely to gain momentum in forecast years?
Molded fiber paper trays endure high strength and provide high resistance against dampening. They are cost-effective and accounts for minimum warehouse and inventory costs. Thus, this segment is likely to gain momentum and is projected to grow at an attractive CAGR of 4.9% during the forecast years of 2022 to 2032.
Which end-use industry of Paper Trays is projected to show maximum growth?
The application of paper trays in the food & beverage industry accounts for approximately 42.3% of the global paper trays market share. Demand for eco-friendly paper trays in the food & beverage industry to phase out plastic is expected to boost the use of paper trays by 1.6X during the assessment period of 2022 to 2032.
In addition to this, the use of paper trays in the healthcare sector is poised to witness ~4.1% CAGR in coming years as it ensures the safety of medical devices and equipment’s during packaging, loading and transportation.
Competitive Landscape: Top Companies in Paper Trays Market
The global paper trays market is highly fragmented and competitive owing to the existence of many domestic and regional players. Various marketing strategies are adopted by key players such as mergers and acquisitions, expansions, collaborations and partnerships.
Also, new product development as a strategic approach is adopted by the leading companies to upscale their market presence among consumers. These strategies have resulted in the incorporation of advanced paper trays products.
Fact.MR has provided detailed information about price points of top manufacturers of paper trays positioned across regions, sales growth, production capacity, and speculative technological expansion in the recently published report.
For instance:
- International Paper in March 2021, bought two state-of-the-art corrugated box plants located in Spain. It has grown its production capabilities in areas of Madrid and Catalonia to offer high-quality packaging solutions for applications in industrial and e-commerce segments.
- Graphic Packaging International in 2021 launched a sustainable paper packaging solution range Produce Pack for fresh produce. The paper bags can be used for a variety of applications and preserve fresh produce. It is hygienically protected as the produce is prepacked and narrow down handling from field to store.
Global Paper Trays Market by Category
-
By Source :
- Virgin
- Recycled
-
By Material Type :
- Corrugated Boards
- Boxboards/Cartons
- Molded Pulp
-
By End-Use :
- Retail Industry
- Food & Beverage Industry
- Personal Care & Cosmetics Industry
- Healthcare Industry
- Consumer Durables and Electronics Industry
-
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- MEA
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Key Market Trends
- 4. Market Background
- 5. Value Chain Analysis
- 6. Supply Chain Analysis
- 7. Global Market - Pricing Analysis
- 8. Global Market 2017 to 2021 and Forecast, 2022 to 2032
- 9. Global Market 2017 to 2021 and Forecast 2022 to 2032, By Source
- 9.1. Virgin Fiber Paper Trays
- 9.2. Recycled Fiber Paper Trays
- 10. Global Market 2017 to 2021 and Forecast 2022 to 2032, By Material Type
- 10.1. Corrugated Boards
- 10.2. Boxboards/Cartons
- 10.3. Molded Pulp
- 11. Global Market 2017 to 2021 and Forecast 2022 to 2032, By End-Use
- 11.1. Retail Industry
- 11.2. Food & Beverage Industry
- 11.3. Personal Care & Cosmetics Industry
- 11.4. Healthcare Industry
- 11.5. Consumer Durables and Electronics Industry
- 12. Global Market 2017 to 2021 and Forecast 2022 to 2032, By Region
- 12.1. North America
- 12.2. Latin America
- 12.3. Europe
- 12.4. East Asia
- 12.5. South Asia
- 12.6. Oceania
- 12.7. Middle East and Africa (MEA)
- 13. North America Market 2017 to 2021 and Forecast 2022 to 2032
- 14. Latin America Market 2017 to 2021 and Forecast 2022 to 2032
- 15. Europe Market 2017 to 2021 and Forecast 2022 to 2032
- 16. East Asia Market 2017 to 2021 and Forecast 2022 to 2032
- 17. South Asia Market 2017 to 2021 and Forecast 2022 to 2032
- 18. Oceania Market 2017 to 2021 and Forecast 2022 to 2032
- 19. Middle East and Africa Market 2017 to 2021 and Forecast 2022 to 2032
- 20. Key Countries Market Analysis 2017 to 2021 and Forecast 2022 to 2032
- 21. Market Structure Analysis
- 22. Competition Analysis
- 22.1. Mondi Group plc
- 22.2. Huhtamaki Oyj
- 22.3. International Paper
- 22.4. BillerudKorsnas
- 22.5. UFP Technologies, Inc.
- 22.6. CS Packaging, Inc.
- 22.7. Stora Enso
- 22.8. Novolex
- 22.9. Orcon Industries
- 22.10. Athena Superpack Private Limited
- 22.11. Henry Molded Products, Inc.
- 23. Assumptions & Acronyms Used
- 24. Research Methodology
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List Of Table
Table 1: Global Market Value (USD Million) and Forecast by Region, 2017 to 2021
Table 2: Global Market Value (USD Million) and Forecast by Region, 2022 to 2032
Table 3: Global Market Volume ('000 Units) and Forecast by Region, 2017 to 2021
Table 4: Global Market Volume ('000 Units) and Forecast by Region, 2022 to 2032
Table 5: Global Market Value (USD Million) and Forecast by Source, 2017 to 2021
Table 6: Global Market Value (USD Million) and Forecast by Source, 2022 to 2032
Table 7: Global Market Volume ('000 Units) and Forecast by Source, 2017 to 2021
Table 8: Global Market Volume ('000 Units) and Forecast by Source, 2022 to 2032
Table 9: Global Market Value (USD Million) and Forecast by Material Type, 2017 to 2021
Table 10: Global Market Value (USD Million) and Forecast by Material Type, 2022 to 2032
Table 11: Global Market Volume ('000 Units) and Forecast by Material Type, 2017 to 2021
Table 12: Global Market Volume ('000 Units) and Forecast by Material Type, 2022 to 2032
Table 13: Global Market Value (USD Million) and Forecast by End-Use, 2017 to 2021
Table 14: Global Market Value (USD Million) and Forecast by End-Use, 2022 to 2032
Table 15: Global Market Volume ('000 Units) and Forecast by End-Use, 2017 to 2021
Table 16: Global Market Volume ('000 Units) and Forecast by End-Use, 2022 to 2032
Table 17: North America Market Value (USD Million) and Forecast by Country, 2017 to 2021
Table 18: North America Market Value (USD Million) and Forecast by Country, 2022 to 2032
Table 19: North America Market Volume ('000 Units) and Forecast by Country, 2017 to 2021
Table 20: North America Market Volume ('000 Units) and Forecast by Country, 2022 to 2032
Table 21: North America Market Value (USD Million) and Forecast by Source, 2017 to 2021
Table 22: North America Market Value (USD Million) and Forecast by Source, 2022 to 2032
Table 23: North America Market Volume ('000 Units) and Forecast by Source, 2017 to 2021
Table 24: North America Market Volume ('000 Units) and Forecast by Source, 2022 to 2032
Table 25: North America Market Value (USD Million) and Forecast by Material Type, 2017 to 2021
Table 26: North America Market Value (USD Million) and Forecast by Material Type, 2022 to 2032
Table 27: North America Market Volume ('000 Units) and Forecast by Material Type, 2017 to 2021
Table 28: North America Market Volume ('000 Units) and Forecast by Material Type, 2022 to 2032
Table 29: North America Market Value (USD Million) and Forecast by End-Use, 2017 to 2021
Table 30: North America Market Value (USD Million) and Forecast by End-Use, 2022 to 2032
Table 31: North America Market Volume ('000 Units) and Forecast by End-Use, 2017 to 2021
Table 32: North America Market Volume ('000 Units) and Forecast by End-Use, 2022 to 2032
Table 33: Latin America Market Value (USD Million) and Forecast by Country, 2017 to 2021
Table 34: Latin America Market Value (USD Million) and Forecast by Country, 2022 to 2032
Table 35: Latin America Market Volume ('000 Units) and Forecast by Country, 2017 to 2021
Table 36: Latin America Market Volume ('000 Units) and Forecast by Country, 2022 to 2032
Table 37: Latin America Market Value (USD Million) and Forecast by Source, 2017 to 2021
Table 38: Latin America Market Value (USD Million) and Forecast by Source, 2022 to 2032
Table 39: Latin America Market Volume ('000 Units) and Forecast by Source, 2017 to 2021
Table 40: Latin America Market Volume ('000 Units) and Forecast by Source, 2022 to 2032
Table 41: Latin America Market Value (USD Million) and Forecast by Material Type, 2017 to 2021
Table 42: Latin America Market Value (USD Million) and Forecast by Material Type, 2022 to 2032
Table 43: Latin America Market Volume ('000 Units) and Forecast by Material Type, 2017 to 2021
Table 44: Latin America Market Volume ('000 Units) and Forecast by Material Type, 2022 to 2032
Table 45: Latin America Market Value (USD Million) and Forecast by End-Use, 2017 to 2021
Table 46: Latin America Market Value (USD Million) and Forecast by End-Use, 2022 to 2032
Table 47: Latin America Market Volume ('000 Units) and Forecast by End-Use, 2017 to 2021
Table 48: Latin America Market Volume ('000 Units) and Forecast by End-Use, 2022 to 2032
Table 49: Europe Market Value (USD Million) and Forecast by Country, 2017 to 2021
Table 50: Europe Market Value (USD Million) and Forecast by Country, 2022 to 2032
Table 51: Europe Market Volume ('000 Units) and Forecast by Country, 2017 to 2021
Table 52: Europe Market Volume ('000 Units) and Forecast by Country, 2022 to 2032
Table 53: Europe Market Value (USD Million) and Forecast by Source, 2017 to 2021
Table 54: Europe Market Value (USD Million) and Forecast by Source, 2022 to 2032
Table 55: Europe Market Volume ('000 Units) and Forecast by Source, 2017 to 2021
Table 56: Europe Market Volume ('000 Units) and Forecast by Source, 2022 to 2032
Table 57: Europe Market Value (USD Million) and Forecast by Material Type, 2017 to 2021
Table 58: Europe Market Value (USD Million) and Forecast by Material Type, 2022 to 2032
Table 59: Europe Market Volume ('000 Units) and Forecast by Material Type, 2017 to 2021
Table 60: Europe Market Volume ('000 Units) and Forecast by Material Type, 2022 to 2032
Table 61: Europe Market Value (USD Million) and Forecast by End-Use, 2017 to 2021
Table 62: Europe Market Value (USD Million) and Forecast by End-Use, 2022 to 2032
Table 63: Europe Market Volume ('000 Units) and Forecast by End-Use, 2017 to 2021
Table 64: Europe Market Volume ('000 Units) and Forecast by End-Use, 2022 to 2032
Table 65: East Asia Market Value (USD Million) and Forecast by Country, 2017 to 2021
Table 66: East Asia Market Value (USD Million) and Forecast by Country, 2022 to 2032
Table 67: East Asia Market Volume ('000 Units) and Forecast by Country, 2017 to 2021
Table 68: East Asia Market Volume ('000 Units) and Forecast by Country, 2022 to 2032
Table 69: East Asia Market Value (USD Million) and Forecast by Source, 2017 to 2021
Table 70: East Asia Market Value (USD Million) and Forecast by Source, 2022 to 2032
Table 71: East Asia Market Volume ('000 Units) and Forecast by Source, 2017 to 2021
Table 72: East Asia Market Volume ('000 Units) and Forecast by Source, 2022 to 2032
Table 73: East Asia Market Value (USD Million) and Forecast by Material Type, 2017 to 2021
Table 74: East Asia Market Value (USD Million) and Forecast by Material Type, 2022 to 2032
Table 75: East Asia Market Volume ('000 Units) and Forecast by Material Type, 2017 to 2021
Table 76: East Asia Market Volume ('000 Units) and Forecast by Material Type, 2022 to 2032
Table 77: East Asia Market Value (USD Million) and Forecast by End-Use, 2017 to 2021
Table 78: East Asia Market Value (USD Million) and Forecast by End-Use, 2022 to 2032
Table 79: East Asia Market Volume ('000 Units) and Forecast by End-Use, 2017 to 2021
Table 80: East Asia Market Volume ('000 Units) and Forecast by End-Use, 2022 to 2032
Table 81: South Asia Market Value (USD Million) and Forecast by Country, 2017 to 2021
Table 82: South Asia Market Value (USD Million) and Forecast by Country, 2022 to 2032
Table 83: South Asia Market Volume ('000 Units) and Forecast by Country, 2017 to 2021
Table 84: South Asia Market Volume ('000 Units) and Forecast by Country, 2022 to 2032
Table 85: South Asia Market Value (USD Million) and Forecast by Source, 2017 to 2021
Table 86: South Asia Market Value (USD Million) and Forecast by Source, 2022 to 2032
Table 87: South Asia Market Volume ('000 Units) and Forecast by Source, 2017 to 2021
Table 88: South Asia Market Volume ('000 Units) and Forecast by Source, 2022 to 2032
Table 89: South Asia Market Value (USD Million) and Forecast by Material Type, 2017 to 2021
Table 90: South Asia Market Value (USD Million) and Forecast by Material Type, 2022 to 2032
Table 91: South Asia Market Volume ('000 Units) and Forecast by Material Type, 2017 to 2021
Table 92: South Asia Market Volume ('000 Units) and Forecast by Material Type, 2022 to 2032
Table 93: South Asia Market Value (USD Million) and Forecast by End-Use, 2017 to 2021
Table 94: South Asia Market Value (USD Million) and Forecast by End-Use, 2022 to 2032
Table 95: South Asia Market Volume ('000 Units) and Forecast by End-Use, 2017 to 2021
Table 96: South Asia Market Volume ('000 Units) and Forecast by End-Use, 2022 to 2032
Table 97: Oceania Market Value (USD Million) and Forecast by Country, 2017 to 2021
Table 98: Oceania Market Value (USD Million) and Forecast by Country, 2022 to 2032
Table 99: Oceania Market Volume ('000 Units) and Forecast by Country, 2017 to 2021
Table 100: Oceania Market Volume ('000 Units) and Forecast by Country, 2022 to 2032
Table 101: Oceania Market Value (USD Million) and Forecast by Source, 2017 to 2021
Table 102: Oceania Market Value (USD Million) and Forecast by Source, 2022 to 2032
Table 103: Oceania Market Volume ('000 Units) and Forecast by Source, 2017 to 2021
Table 104: Oceania Market Volume ('000 Units) and Forecast by Source, 2022 to 2032
Table 105: Oceania Market Value (USD Million) and Forecast by Material Type, 2017 to 2021
Table 106: Oceania Market Value (USD Million) and Forecast by Material Type, 2022 to 2032
Table 107: Oceania Market Volume ('000 Units) and Forecast by Material Type, 2017 to 2021
Table 108: Oceania Market Volume ('000 Units) and Forecast by Material Type, 2022 to 2032
Table 109: Oceania Market Value (USD Million) and Forecast by End-Use, 2017 to 2021
Table 110: Oceania Market Value (USD Million) and Forecast by End-Use, 2022 to 2032
Table 111: Oceania Market Volume ('000 Units) and Forecast by End-Use, 2017 to 2021
Table 112: Oceania Market Volume ('000 Units) and Forecast by End-Use, 2022 to 2032
Table 113: MEA Market Value (USD Million) and Forecast by Country, 2017 to 2021
Table 114: MEA Market Value (USD Million) and Forecast by Country, 2022 to 2032
Table 115: MEA Market Volume ('000 Units) and Forecast by Country, 2017 to 2021
Table 116: MEA Market Volume ('000 Units) and Forecast by Country, 2022 to 2032
Table 117: MEA Market Value (USD Million) and Forecast by Source, 2017 to 2021
Table 118: MEA Market Value (USD Million) and Forecast by Source, 2022 to 2032
Table 119: MEA Market Volume ('000 Units) and Forecast by Source, 2017 to 2021
Table 120: MEA Market Volume ('000 Units) and Forecast by Source, 2022 to 2032
Table 121: MEA Market Value (USD Million) and Forecast by Material Type, 2017 to 2021
Table 122: MEA Market Value (USD Million) and Forecast by Material Type, 2022 to 2032
Table 123: MEA Market Volume ('000 Units) and Forecast by Material Type, 2017 to 2021
Table 124: MEA Market Volume ('000 Units) and Forecast by Material Type, 2022 to 2032
Table 125: MEA Market Value (USD Million) and Forecast by End-Use, 2017 to 2021
Table 126: MEA Market Value (USD Million) and Forecast by End-Use, 2022 to 2032
Table 127: MEA Market Volume ('000 Units) and Forecast by End-Use, 2017 to 2021
Table 128: MEA Market Volume ('000 Units) and Forecast by End-Use, 2022 to 2032
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List Of Figures
Figure 1: Global Market Value (USD Million) and Volume ('000 Units) Forecast, 2022 to 2032
Figure 2: Global Market Absolute $ Opportunity (USD Million), 2022 to 2032
Figure 3: Global Market Value (USD Million) by Region, 2022 & 2032
Figure 4: Global Market Y-o-Y Growth Rate by Region, 2022 to 2032
Figure 5: Global Market Value (USD Million) by Source, 2022 & 2032
Figure 6: Global Market Y-o-Y Growth Rate by Source, 2022 to 2032
Figure 7: Global Market Value (USD Million) by Material Type, 2022 & 2032
Figure 8: Global Market Y-o-Y Growth Rate by Material Type, 2022 to 2032
Figure 9: Global Market Value (USD Million) by End-Use, 2022 & 2032
Figure 10: Global Market Y-o-Y Growth Rate by End-Use, 2022 to 2032
Figure 11: North America Market Value (USD Million) and Volume ('000 Units) Forecast, 2022 to 2032
Figure 12: North America Market Absolute $ Opportunity (USD Million), 2022 to 2032
Figure 13: North America Market Value (USD Million) by Country, 2022 & 2032
Figure 14: North America Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 15: North America Market Value (USD Million) by Source, 2022 & 2032
Figure 16: North America Market Y-o-Y Growth Rate by Source, 2022 to 2032
Figure 17: North America Market Value (USD Million) by Material Type, 2022 & 2032
Figure 18: North America Market Y-o-Y Growth Rate by Material Type, 2022 to 2032
Figure 19: North America Market Value (USD Million) by End-Use, 2022 & 2032
Figure 20: North America Market Y-o-Y Growth Rate by End-Use, 2022 to 2032
Figure 21: North America Market Attractiveness Analysis by Country, 2022 to 2032
Figure 22: North America Market Attractiveness Analysis by Source, 2022 to 2032
Figure 23: North America Market Attractiveness Analysis by Material Type, 2022 to 2032
Figure 24: North America Market Attractiveness Analysis by End-Use, 2022 to 2032
Figure 25: Latin America Market Value (USD Million) and Volume ('000 Units) Forecast, 2022 to 2032
Figure 26: Latin America Market Absolute $ Opportunity (USD Million), 2022 to 2032
Figure 27: Latin America Market Value (USD Million) by Country, 2022 & 2032
Figure 28: Latin America Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 29: Latin America Market Value (USD Million) by Source, 2022 & 2032
Figure 30: Latin America Market Y-o-Y Growth Rate by Source, 2022 to 2032
Figure 31: Latin America Market Value (USD Million) by Material Type, 2022 & 2032
Figure 32: Latin America Market Y-o-Y Growth Rate by Material Type, 2022 to 2032
Figure 33: Latin America Market Value (USD Million) by End-Use, 2022 & 2032
Figure 34: Latin America Market Y-o-Y Growth Rate by End-Use, 2022 to 2032
Figure 35: Latin America Market Attractiveness Analysis by Country, 2022 to 2032
Figure 36: Latin America Market Attractiveness Analysis by Source, 2022 to 2032
Figure 37: Latin America Market Attractiveness Analysis by Material Type, 2022 to 2032
Figure 38: Latin America Market Attractiveness Analysis by End-Use, 2022 to 2032
Figure 39: Europe Market Value (USD Million) and Volume ('000 Units) Forecast, 2022 to 2032
Figure 40: Europe Market Absolute $ Opportunity (USD Million), 2022 to 2032
Figure 41: Europe Market Value (USD Million) by Country, 2022 & 2032
Figure 42: Europe Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 43: Europe Market Value (USD Million) by Source, 2022 & 2032
Figure 44: Europe Market Y-o-Y Growth Rate by Source, 2022 to 2032
Figure 45: Europe Market Value (USD Million) by Material Type, 2022 & 2032
Figure 46: Europe Market Y-o-Y Growth Rate by Material Type, 2022 to 2032
Figure 47: Europe Market Value (USD Million) by End-Use, 2022 & 2032
Figure 48: Europe Market Y-o-Y Growth Rate by End-Use, 2022 to 2032
Figure 49: Europe Market Attractiveness Analysis by Country, 2022 to 2032
Figure 50: Europe Market Attractiveness Analysis by Source, 2022 to 2032
Figure 51: Europe Market Attractiveness Analysis by Material Type, 2022 to 2032
Figure 52: Europe Market Attractiveness Analysis by End-Use, 2022 to 2032
Figure 53: East Asia Market Value (USD Million) and Volume ('000 Units) Forecast, 2022 to 2032
Figure 54: East Asia Market Absolute $ Opportunity (USD Million), 2022 to 2032
Figure 55: East Asia Market Value (USD Million) by Country, 2022 & 2032
Figure 56: East Asia Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 57: East Asia Market Value (USD Million) by Source, 2022 & 2032
Figure 58: East Asia Market Y-o-Y Growth Rate by Source, 2022 to 2032
Figure 59: East Asia Market Value (USD Million) by Material Type, 2022 & 2032
Figure 60: East Asia Market Y-o-Y Growth Rate by Material Type, 2022 to 2032
Figure 61: East Asia Market Value (USD Million) by End-Use, 2022 & 2032
Figure 62: East Asia Market Y-o-Y Growth Rate by End-Use, 2022 to 2032
Figure 63: East Asia Market Attractiveness Analysis by Country, 2022 to 2032
Figure 64: East Asia Market Attractiveness Analysis by Source, 2022 to 2032
Figure 65: East Asia Market Attractiveness Analysis by Material Type, 2022 to 2032
Figure 66: East Asia Market Attractiveness Analysis by End-Use, 2022 to 2032
Figure 67: South Asia Market Value (USD Million) and Volume ('000 Units) Forecast, 2022 to 2032
Figure 68: South Asia Market Absolute $ Opportunity (USD Million), 2022 to 2032
Figure 69: South Asia Market Value (USD Million) by Country, 2022 & 2032
Figure 70: South Asia Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 71: South Asia Market Value (USD Million) by Source, 2022 & 2032
Figure 72: South Asia Market Y-o-Y Growth Rate by Source, 2022 to 2032
Figure 73: South Asia Market Value (USD Million) by Material Type, 2022 & 2032
Figure 74: South Asia Market Y-o-Y Growth Rate by Material Type, 2022 to 2032
Figure 75: South Asia Market Value (USD Million) by End-Use, 2022 & 2032
Figure 76: South Asia Market Y-o-Y Growth Rate by End-Use, 2022 to 2032
Figure 77: South Asia Market Attractiveness Analysis by Country, 2022 to 2032
Figure 78: South Asia Market Attractiveness Analysis by Source, 2022 to 2032
Figure 79: South Asia Market Attractiveness Analysis by Material Type, 2022 to 2032
Figure 80: South Asia Market Attractiveness Analysis by End-Use, 2022 to 2032
Figure 81: Oceania Market Value (USD Million) and Volume ('000 Units) Forecast, 2022 to 2032
Figure 82: Oceania Market Absolute $ Opportunity (USD Million), 2022 to 2032
Figure 83: Oceania Market Value (USD Million) by Country, 2022 & 2032
Figure 84: Oceania Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 85: Oceania Market Value (USD Million) by Source, 2022 & 2032
Figure 86: Oceania Market Y-o-Y Growth Rate by Source, 2022 to 2032
Figure 87: Oceania Market Value (USD Million) by Material Type, 2022 & 2032
Figure 88: Oceania Market Y-o-Y Growth Rate by Material Type, 2022 to 2032
Figure 89: Oceania Market Value (USD Million) by End-Use, 2022 & 2032
Figure 90: Oceania Market Y-o-Y Growth Rate by End-Use, 2022 to 2032
Figure 91: Oceania Market Attractiveness Analysis by Country, 2022 to 2032
Figure 92: Oceania Market Attractiveness Analysis by Source, 2022 to 2032
Figure 93: Oceania Market Attractiveness Analysis by Material Type, 2022 to 2032
Figure 94: Oceania Market Attractiveness Analysis by End-Use, 2022 to 2032
Figure 95: MEA Market Value (USD Million) and Volume ('000 Units) Forecast, 2022 to 2032
Figure 96: MEA Market Absolute $ Opportunity (USD Million), 2022 to 2032
Figure 97: MEA Market Value (USD Million) by Country, 2022 & 2032
Figure 98: MEA Market Y-o-Y Growth Rate by Country, 2022 to 2032
Figure 99: MEA Market Value (USD Million) by Source, 2022 & 2032
Figure 100: MEA Market Y-o-Y Growth Rate by Source, 2022 to 2032
Figure 101: MEA Market Value (USD Million) by Material Type, 2022 & 2032
Figure 102: MEA Market Y-o-Y Growth Rate by Material Type, 2022 to 2032
Figure 103: MEA Market Value (USD Million) by End-Use, 2022 & 2032
Figure 104: MEA Market Y-o-Y Growth Rate by End-Use, 2022 to 2032
Figure 105: MEA Market Attractiveness Analysis by Country, 2022 to 2032
Figure 106: MEA Market Attractiveness Analysis by Source, 2022 to 2032
Figure 107: MEA Market Attractiveness Analysis by Material Type, 2022 to 2032
Figure 108: MEA Market Attractiveness Analysis by End-Use, 2022 to 2032
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- FAQs -
What is the global paper trays market scenario?
The global value of paper trays market is estimated to be worth over USD 5,300 Million in 2022.
How far is the global demand expected to reach over the forecasted period?
The demand is anticipated to surpass USD 8,900 Million by 2032 end.
What was the last 5-year CAGR for the demand in the paper trays market?
During 2017-2021, the paper trays market grew at a 3.0% CAGR.
Who are the prominent players in the global paper trays market?
Some of the prominent players in paper trays market are Mondi Group plc, Huhtamaki Oyj, International Paper, UFP Technologies Inc., CS Packaging, Inc. etc.
Which is the most leading region in the paper trays market?
North America tops the global paper trays market accounting for 23.1% of global market share in 2022.
Which end-use industry contributes maximum share in paper trays sales?
Food & Beverages industry contribute around 42.3% share in global sales of paper trays.