Plastic Tray Market
Plastic Tray Market Analysis By Material Type (PVC, Polypropylene, Polyethylene Terephthalate, Polystyrene), By Form (Flexible Plastic Trays, Semi-Flexible Plastic Trays), By End-use & By Region - Global Market Insights 2022 to 2032
Analysis of Plastic Tray market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Global Plastic Trays Market Outlook (2022 to 2032)
The global plastic trays market is estimated at USD 7,500 Mn in 2022 and is forecast to surpass USD 11,400 Mn by 2032, growing at a CAGR of 4.3% from 2022 to 2032.
The global plastic trays market accounts for ~13% of the global plastic market in 2022. The global plastic trays market is estimated to have an absolute $ opportunity of USD 3,900 Mn during the assessment period of 2022 to 2032.
Report Attributes | Details |
---|---|
Base Year Value (2021A) | USD 7,300 Mn |
Estimated Year Value (2022E) | USD 7,500 Mn |
Projected Year Value (2032F) | USD 11,400 Mn |
Value CAGR (2022 to 2032) | 4.3% |
Collective Value Share (US, UK, Germany) 2022: Top 3 Countries | 28.9% |
Key Companies Profiled | DS Smith; RPC Bebo; Huhtamaki; Winpak Ltd.; EasyPak; VisiPak; Lacerta Group, Inc.; Landmark Plastic Corporation; D&V Plastics; Placon; Sonoco Products Company |
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2017 to 2021 Global Plastic Trays Market Outlook in Comparison to 2022 to 2032 Growth Forecast
The market demand for plastic trays is witnessing an upsurge by 1.7x as it finds multiple applications in several industries such as food & beverages, pharmaceuticals, cosmetics etc. for carrying things and serving food items.
Manufacturers in plastic trays market are focusing exclusively on multiple strategies like product innovation, mergers and acquisition to garner a larger market share. They are emphasizing on developing cost-effective solutions, expanding manufacturing capabilities and facilities, along making strategic alliances with key players and leaders across regions.
Launching new and advanced products made up of different materials like PVC encompass unique features and let its producers to stand out from the crowd. Thus availability of such advanced plastic trays is poised to provide gain of 235 BPS during forecast period of 2022 to 2032.
According to the Journal of Cleaner Production, 1Kg of plastic tray generates more than 1.5Kg of CO2 in its entire lifecycle. Thus, makers instead of producing single-use plastic trays, are producing reusable plastic trays to reduce carbon footprint, which is likely to boost sales of plastic trays by 2.5X during upcoming decade.
Fact.MR projects the market to witness exhibiting growth of 4.3% CAGR during 2022 to 2032 which is almost twice in comparison to a CAGR of 2.9% posted in 2017 to 2021.
Reusable Plastic Trays Gaining Momentum
Reusable plastic trays are gaining immense popularity across multiple industries as it contains low-density polypropylene and has low levels of polyethylene thermoplastic.
Better locking system, use of polyethylene in production that ensures food safety for a longer time is attracting producers in the food industry towards greater adoption of reusable plastic trays. Factors such as improved supply chain performance and enhanced safety are poised to contribute to 3/5th of market demand during the assessment period of 2022 to 2032.
Producers of red meat, dairy and poultry products are emphasizing using reusable plastic trays, which not only are sustainable and optimize the supply chain but also reduce operating expenses by 0.7x, is poised to support market growth.
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Recyclability of Black Plastic Driving Plastic Trays Market Growth
Black plastic trays are used to package ready meals in the food industry. However, the presence of black carbon pigment in black plastic trays has made manufacturers stop using them as these cannot be recycled.
The Waste and Resources Action Programme i.e. WRAP of the U.K works to improve the recyclability of black plastics and says that the use of detectable black colorants in the plastic trays manufacturing process enables recycling of black plastic packaging.
RECOUP, a group of packaging manufacturers, trade associations and retailers, introduced new detectable pigment and advanced technology solutions to sort materials for black plastics, which is expected to trigger plastic trays market growth by 265 BPS during the forecast years of 2022 to 2032.
Alternatives to Plastic Trays Hampering Market Growth
Consumers are increasingly becoming environmentally conscious and are getting involved in sustainability. They are in turn demanding greener products that have less or no damaging impact on the environment.
According to United Nations Environmental Programme (UNEP), more than 8.5 million tonnes of plastic end up in the ocean every year. Considering the negative impacts that plastic has on the environment, manufacturers are turning towards the adoption of sustainable alternatives to plastic trays.
Alternatives like paper trays, fibre-based trays, sugarcane trays, palm leave trays, and cornstarch trays, bagasse trays and even plant-based plastics are providing threat and hampering the growth of plastic trays market by 0.6x.
Freezer safe and microwave-safe paper trays are also being developed along with the incorporation of advanced technologies such as modified atmosphere packaging, thermoforming etc.
Research is also underway to develop bioplastics that are not only energy-efficient to produce but is also biodegradable along with fibre-based food trays which are gaining popularity amongst consumers and end-use industries due to their biodegradable nature.
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Competitive landscape highlights only certain players
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Region-wise Insights
Which is the dominant region for the Plastic Trays Market?
Europe plastic trays market is dominant in the overall market. It contributes approximately 24.5% to the overall market share and is poised to continue on the same trajectory. European Union declared a new policy agenda intending to be fulfilled by 2030. It focuses on making all plastic packaging, reusable and recyclable in the EU market by the end of 2030 which is likely to place 50% more demand in the region in coming years.
What is the market scenario in the Asia-Pacific?
East Asia and South Asia plastic trays markets are contributing nearly 19.7% and 18.5% to the overall market share, respectively and are likely to provide 2/5th of the overall revenue of the plastic trays market during the assessment period of 2022 to 2032.
Asia Pacific region is becoming a manufacturing hub for electronics industries and is also witnessing high growth in end-use industries of meat & poultry, agriculture etc. which will primarily drive plastic trays in this region in coming years.
Category-wise Insights
Which material type contributes maximum market share in the Plastic Trays Market?
Plastic trays are made from different materials under which polyethylene terephthalate (PET) is expected to find the largest application in the production of plastic trays. Polyethylene Terephthalate contributes nearly 35.3% to the overall plastic trays market share.
Properties of being highly recyclable, shatterproof, lightweight, cost-effective, in addition to saving energy, are leading to enhanced popularity of PET plastic trays to be used by companies, thus, placing additional demand from this segment and is likely to bring in more than 1/3rd in terms of revenue during the assessment years of 2022 to 2032.
Which end-use industry of Plastic Trays is projected to show maximum growth?
The food and beverage industry makes greater use of plastic trays and is the holder of 32.7% of the global plastic trays market share. The regulations regarding the materials to make plastic trays inducing manufacturers to use thermoformed plastic trays along with rising demand for ready-to-eat and ready-to-cook food are expected to boost the use of plastic trays in food & beverage industry by 1.6x during the assessment period of 2022 to 2032.
Competitive Landscape: Top Companies in Plastic Trays Market
The global plastic 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 plastic trays products.
Fact.MR has provided detailed information about price points of top manufacturers of plastic trays positioned across regions, sales growth, production capacity, and speculative technological expansion in the recently published report. For instance:
- Huhtamaki in 2019, introduced fibre-based ready meal trays, which can be recycled and is certified for home composting as well. It uses fibre as base material for production, sourced from a Swedish forest company Sodra.
- Berry Global Group Inc. acquired RPC Group Plc in the year 2019. This enhanced size of Berry Global, adding more than 150 factories and 23,000 employees to the company, thus, making it a true global packaging manufacturer.
Global Plastic Trays Market by Category
-
By Material Type :
- PVC
- Polypropylene
- Polyethylene Terephthalate
- Polystyrene
-
By Form :
- Flexible
- Semi-Flexible
-
By End-Use :
- Food & Beverages Industry
- Industrial Goods Industry
- Electronics Industry
- Pharmaceuticals Industry
- Retail Industry
- Cosmetics and Personal Care 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 Demand for Market - Pricing Analysis
- 8. Global Demand for Market 2017 to 2021 and Forecast, 2022 to 2032
- 9. Global Demand for Market 2017 to 2021 and Forecast 2022 to 2032, By Material Type
- 9.1. PVC
- 9.2. Polypropylene
- 9.3. Polyethylene Terephthalate (PET)
- 9.4. Polystyrene
- 10. Global Demand for Market 2017 to 2021 and Forecast 2022 to 2032, By Form
- 10.1. Flexible Plastic Trays
- 10.2. Semi-Flexible Plastic Trays
- 11. Global Demand for Market 2017 to 2021 and Forecast 2022 to 2032, By End-Use
- 11.1. Food & Beverages Industry
- 11.2. Industrial Goods Industry
- 11.3. Electronics Industry
- 11.4. Pharmaceuticals Industry
- 11.5. Retail Industry
- 11.6. Cosmetics and Personal Care Industry
- 12. Global Demand for 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 Demand for Market 2017 to 2021 and Forecast 2022 to 2032
- 14. Latin America Demand for Market 2017 to 2021 and Forecast 2022 to 2032
- 15. Europe Demand for Market 2017 to 2021 and Forecast 2022 to 2032
- 16. East Asia Demand for Market 2017 to 2021 and Forecast 2022 to 2032
- 17. South Asia Demand for Market 2017 to 2021 and Forecast 2022 to 2032
- 18. Oceania Demand for Market 2017 to 2021 and Forecast 2022 to 2032
- 19. Middle East and Africa Demand for 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. DS Smith
- 22.2. RPC Bebo
- 22.3. Huhtamki
- 22.4. Winpak Ltd.
- 22.5. EasyPak
- 22.6. VisiPak
- 22.7. Lacerta Group, Inc.
- 22.8. Landmark Plastic Corporation
- 22.9. D&V Plastics
- 22.10. Placon
- 22.11. Sonoco Products Company
- 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 (Million Units) and Forecast by Region, 2017 to 2021
Table 4: Global Market Volume (Million Units) and Forecast by Region, 2022 to 2032
Table 5: Global Market Value (USD Million) and Forecast by Material Type, 2017 to 2021
Table 6: Global Market Value (USD Million) and Forecast by Material Type, 2022 to 2032
Table 7: Global Market Volume (Million Units) and Forecast by Material Type, 2017 to 2021
Table 8: Global Market Volume (Million Units) and Forecast by Material Type, 2022 to 2032
Table 9: Global Market Value (USD Million) and Forecast by Form, 2017 to 2021
Table 10: Global Market Value (USD Million) and Forecast by Form, 2022 to 2032
Table 11: Global Market Volume (Million Units) and Forecast by Form, 2017 to 2021
Table 12: Global Market Volume (Million Units) and Forecast by Form, 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 (Million Units) and Forecast by End-Use, 2017 to 2021
Table 16: Global Market Volume (Million 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 (Million Units) and Forecast by Country, 2017 to 2021
Table 20: North America Market Volume (Million Units) and Forecast by Country, 2022 to 2032
Table 21: North America Market Value (USD Million) and Forecast by Material Type, 2017 to 2021
Table 22: North America Market Value (USD Million) and Forecast by Material Type, 2022 to 2032
Table 23: North America Market Volume (Million Units) and Forecast by Material Type, 2017 to 2021
Table 24: North America Market Volume (Million Units) and Forecast by Material Type, 2022 to 2032
Table 25: North America Market Value (USD Million) and Forecast by Form, 2017 to 2021
Table 26: North America Market Value (USD Million) and Forecast by Form, 2022 to 2032
Table 27: North America Market Volume (Million Units) and Forecast by Form, 2017 to 2021
Table 28: North America Market Volume (Million Units) and Forecast by Form, 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 (Million Units) and Forecast by End-Use, 2017 to 2021
Table 32: North America Market Volume (Million 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 (Million Units) and Forecast by Country, 2017 to 2021
Table 36: Latin America Market Volume (Million Units) and Forecast by Country, 2022 to 2032
Table 37: Latin America Market Value (USD Million) and Forecast by Material Type, 2017 to 2021
Table 38: Latin America Market Value (USD Million) and Forecast by Material Type, 2022 to 2032
Table 39: Latin America Market Volume (Million Units) and Forecast by Material Type, 2017 to 2021
Table 40: Latin America Market Volume (Million Units) and Forecast by Material Type, 2022 to 2032
Table 41: Latin America Market Value (USD Million) and Forecast by Form, 2017 to 2021
Table 42: Latin America Market Value (USD Million) and Forecast by Form, 2022 to 2032
Table 43: Latin America Market Volume (Million Units) and Forecast by Form, 2017 to 2021
Table 44: Latin America Market Volume (Million Units) and Forecast by Form, 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 (Million Units) and Forecast by End-Use, 2017 to 2021
Table 48: Latin America Market Volume (Million 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 (Million Units) and Forecast by Country, 2017 to 2021
Table 52: Europe Market Volume (Million Units) and Forecast by Country, 2022 to 2032
Table 53: Europe Market Value (USD Million) and Forecast by Material Type, 2017 to 2021
Table 54: Europe Market Value (USD Million) and Forecast by Material Type, 2022 to 2032
Table 55: Europe Market Volume (Million Units) and Forecast by Material Type, 2017 to 2021
Table 56: Europe Market Volume (Million Units) and Forecast by Material Type, 2022 to 2032
Table 57: Europe Market Value (USD Million) and Forecast by Form, 2017 to 2021
Table 58: Europe Market Value (USD Million) and Forecast by Form, 2022 to 2032
Table 59: Europe Market Volume (Million Units) and Forecast by Form, 2017 to 2021
Table 60: Europe Market Volume (Million Units) and Forecast by Form, 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 (Million Units) and Forecast by End-Use, 2017 to 2021
Table 64: Europe Market Volume (Million 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 (Million Units) and Forecast by Country, 2017 to 2021
Table 68: East Asia Market Volume (Million Units) and Forecast by Country, 2022 to 2032
Table 69: East Asia Market Value (USD Million) and Forecast by Material Type, 2017 to 2021
Table 70: East Asia Market Value (USD Million) and Forecast by Material Type, 2022 to 2032
Table 71: East Asia Market Volume (Million Units) and Forecast by Material Type, 2017 to 2021
Table 72: East Asia Market Volume (Million Units) and Forecast by Material Type, 2022 to 2032
Table 73: East Asia Market Value (USD Million) and Forecast by Form, 2017 to 2021
Table 74: East Asia Market Value (USD Million) and Forecast by Form, 2022 to 2032
Table 75: East Asia Market Volume (Million Units) and Forecast by Form, 2017 to 2021
Table 76: East Asia Market Volume (Million Units) and Forecast by Form, 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 (Million Units) and Forecast by End-Use, 2017 to 2021
Table 80: East Asia Market Volume (Million 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 (Million Units) and Forecast by Country, 2017 to 2021
Table 84: South Asia Market Volume (Million Units) and Forecast by Country, 2022 to 2032
Table 85: South Asia Market Value (USD Million) and Forecast by Material Type, 2017 to 2021
Table 86: South Asia Market Value (USD Million) and Forecast by Material Type, 2022 to 2032
Table 87: South Asia Market Volume (Million Units) and Forecast by Material Type, 2017 to 2021
Table 88: South Asia Market Volume (Million Units) and Forecast by Material Type, 2022 to 2032
Table 89: South Asia Market Value (USD Million) and Forecast by Form, 2017 to 2021
Table 90: South Asia Market Value (USD Million) and Forecast by Form, 2022 to 2032
Table 91: South Asia Market Volume (Million Units) and Forecast by Form, 2017 to 2021
Table 92: South Asia Market Volume (Million Units) and Forecast by Form, 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 (Million Units) and Forecast by End-Use, 2017 to 2021
Table 96: South Asia Market Volume (Million 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 (Million Units) and Forecast by Country, 2017 to 2021
Table 100: Oceania Market Volume (Million Units) and Forecast by Country, 2022 to 2032
Table 101: Oceania Market Value (USD Million) and Forecast by Material Type, 2017 to 2021
Table 102: Oceania Market Value (USD Million) and Forecast by Material Type, 2022 to 2032
Table 103: Oceania Market Volume (Million Units) and Forecast by Material Type, 2017 to 2021
Table 104: Oceania Market Volume (Million Units) and Forecast by Material Type, 2022 to 2032
Table 105: Oceania Market Value (USD Million) and Forecast by Form, 2017 to 2021
Table 106: Oceania Market Value (USD Million) and Forecast by Form, 2022 to 2032
Table 107: Oceania Market Volume (Million Units) and Forecast by Form, 2017 to 2021
Table 108: Oceania Market Volume (Million Units) and Forecast by Form, 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 (Million Units) and Forecast by End-Use, 2017 to 2021
Table 112: Oceania Market Volume (Million 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 (Million Units) and Forecast by Country, 2017 to 2021
Table 116: MEA Market Volume (Million Units) and Forecast by Country, 2022 to 2032
Table 117: MEA Market Value (USD Million) and Forecast by Material Type, 2017 to 2021
Table 118: MEA Market Value (USD Million) and Forecast by Material Type, 2022 to 2032
Table 119: MEA Market Volume (Million Units) and Forecast by Material Type, 2017 to 2021
Table 120: MEA Market Volume (Million Units) and Forecast by Material Type, 2022 to 2032
Table 121: MEA Market Value (USD Million) and Forecast by Form, 2017 to 2021
Table 122: MEA Market Value (USD Million) and Forecast by Form, 2022 to 2032
Table 123: MEA Market Volume (Million Units) and Forecast by Form, 2017 to 2021
Table 124: MEA Market Volume (Million Units) and Forecast by Form, 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 (Million Units) and Forecast by End-Use, 2017 to 2021
Table 128: MEA Market Volume (Million 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 (Million 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 Material Type, 2022 & 2032
Figure 6: Global Market Y-o-Y Growth Rate by Material Type, 2022 to 2032
Figure 7: Global Market Value (USD Million) by Form, 2022 & 2032
Figure 8: Global Market Y-o-Y Growth Rate by Form, 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 (Million 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 Material Type, 2022 & 2032
Figure 16: North America Market Y-o-Y Growth Rate by Material Type, 2022 to 2032
Figure 17: North America Market Value (USD Million) by Form, 2022 & 2032
Figure 18: North America Market Y-o-Y Growth Rate by Form, 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 Material Type, 2022 to 2032
Figure 23: North America Market Attractiveness Analysis by Form, 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 (Million 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 Material Type, 2022 & 2032
Figure 30: Latin America Market Y-o-Y Growth Rate by Material Type, 2022 to 2032
Figure 31: Latin America Market Value (USD Million) by Form, 2022 & 2032
Figure 32: Latin America Market Y-o-Y Growth Rate by Form, 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 Material Type, 2022 to 2032
Figure 37: Latin America Market Attractiveness Analysis by Form, 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 (Million 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 Material Type, 2022 & 2032
Figure 44: Europe Market Y-o-Y Growth Rate by Material Type, 2022 to 2032
Figure 45: Europe Market Value (USD Million) by Form, 2022 & 2032
Figure 46: Europe Market Y-o-Y Growth Rate by Form, 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 Material Type, 2022 to 2032
Figure 51: Europe Market Attractiveness Analysis by Form, 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 (Million 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 Material Type, 2022 & 2032
Figure 58: East Asia Market Y-o-Y Growth Rate by Material Type, 2022 to 2032
Figure 59: East Asia Market Value (USD Million) by Form, 2022 & 2032
Figure 60: East Asia Market Y-o-Y Growth Rate by Form, 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 Material Type, 2022 to 2032
Figure 65: East Asia Market Attractiveness Analysis by Form, 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 (Million 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 Material Type, 2022 & 2032
Figure 72: South Asia Market Y-o-Y Growth Rate by Material Type, 2022 to 2032
Figure 73: South Asia Market Value (USD Million) by Form, 2022 & 2032
Figure 74: South Asia Market Y-o-Y Growth Rate by Form, 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 Material Type, 2022 to 2032
Figure 79: South Asia Market Attractiveness Analysis by Form, 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 (Million 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 Material Type, 2022 & 2032
Figure 86: Oceania Market Y-o-Y Growth Rate by Material Type, 2022 to 2032
Figure 87: Oceania Market Value (USD Million) by Form, 2022 & 2032
Figure 88: Oceania Market Y-o-Y Growth Rate by Form, 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 Material Type, 2022 to 2032
Figure 93: Oceania Market Attractiveness Analysis by Form, 2022 to 2032
Figure 94: Oceania Market Attractiveness Analysis by End-Use, 2022 to 2032
Figure 95: MEA Market Value (USD Million) and Volume (Million 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 Material Type, 2022 & 2032
Figure 100: MEA Market Y-o-Y Growth Rate by Material Type, 2022 to 2032
Figure 101: MEA Market Value (USD Million) by Form, 2022 & 2032
Figure 102: MEA Market Y-o-Y Growth Rate by Form, 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 Material Type, 2022 to 2032
Figure 107: MEA Market Attractiveness Analysis by Form, 2022 to 2032
Figure 108: MEA Market Attractiveness Analysis by End-Use, 2022 to 2032
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- FAQs -
What is the global plastic trays market scenario?
The global plastic trays market is estimated to be worth over USD 7,500 Mn in 2022.
How far is the global demand expected to reach over the forecasted period?
The demand is anticipated to surpass USD 11,400 Mn by 2032 end.
What was the last 5-year CAGR for the demand in the plastic trays market?
Between 2017 and 2021, the market grew at a 2.9% CAGR.
Who are the prominent players in the global plastic trays market?
Some of the prominent players in plastic trays market are DS Smith, RPC Bebo, Huhtamki, Winpak Ltd., VisiPak, EasyPak etc.
Which is the most leading region in the plastic trays market?
Europe tops the global plastic trays market accounting for 24.5% of global market share in 2022.
Which end-use industry contributes maximum share in plastic trays sales?
Food & Beverages industry contribute around 32.7% share in global sales of plastic trays.