Global Rigid Trays packaging market: Introduction
Rigid packaging market plays an important role in the overall packaging market, it accounts for over 2/3rd of the world packaging market and to tap the potential of this market, packaging manufacturers are providing innovative packaging solutions. Rigid trays are used in packaging for fresh food as well as processed food. Manufacturers are focusing on increasing shelf life of the product and rigid trays are extensively used in such packaging solutions for example MAP and vacuum skin packaging. The commonly used raw material for manufacturing rigid tray are PP and PET. Due to the properties like durability and moisture resistance manufacturers are preferring rigid trays to provide packaging. Rigid trays are being used in various end-use industry like Food, pharmaceutical industry and electrical & electronics.
Global Rigid Trays packaging market: Dynamics
Use of rigid trays for packaging of food products is the key factor driving the demand in rigid trays market. Other important factor fueling the growth of rigid tray packaging market is the increasing penetration of modern retail outlets, especially in APEJ region. In addition, fast changing lifestyles in developing economies translates to increase in the number of people adopting on-the-go food consumption habits, which is increasing demand for ready-to-eat meals, thereby reinforcing the global rigid trays market. Also, there has been an increase in the number of online food delivery services in emerging economies has which has led to growing demand for rigid trays. With the increase in trend of ready to eat meals the demand of rigid trays is boosting in Western Europe region. The added advantage like reusability of rigid trays is driving the rigid trays market. Another important property shown by rigid trays is ease in product handling thus enabling consumers to carry the product from one place to another. Rigid trays are commonly manufactured from plastics which is a major cause of environmental pollution. Strict government regulations regarding the usage of plastic for food packaging may hinder the growth of rigid tray market in Asia Pacific region. However, on the backdrop of increasing use of rigid tray in the pharmaceutical industry can provide new growth opportunities for rigid trays market.
Get Sample Copy of the Report to understand the structure of the complete report (Including Full TOC, Table & Figures): https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=31202
Press pictures Rigid MAP-trays | silver plastics®
Global Rigid Trays packaging market: Segmentation
The global rigid trays packaging market has been segmented as follows –
On the basis of material type, the global rigid tray packaging market has been segmented as:
Plastic
Polypropylene (PP)
Polyethylene Terephthalate (PET)
High-density polyethylene (HDPE)
High Impact Polystyrene (HIPS)
Polyvinyl chloride (PVC)
Low-density polyethylene (LDPE)
Others (ABS)
Metal
Aluminum
Steel
Paper & paperboard
On the basis of product type, the global rigid tray packaging market has been segmented as:
Insert rigid trays
Dunnage rigid tray
Others
On the basis of end-user industry, the global rigid tray packaging market has been segmented as:
Pharmaceutical Industry
Food Industry
Electrical and Electronics Industry
Consumer Goods Industry
Health Care Industry
Others ( Cosmetics, Horticulture)
Global Rigid Trays packaging market: Geographical Outlook
The global rigid trays packaging market has been divided into seven regions as follows –
North America
Latin America
Western Europe
Eastern Europe
Asia Pacific Excluding Japan (APEJ)
Middle East & Africa (MEA)
Japan
The global rigid tray packaging market is classified into seven regions globally such as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Middle East & Africa (MEA). Among these regions, North America accounts for highest market share followed by Western Europe in rigid tray packaging attributed to the rapid growth of food industries along with the growing population. The market in Asia Pacific region is expected to grow at highest CAGR over the forecast period. Countries with rising population like India, China etc. are likely to expect to create significant opportunities in rigid tray packaging market.
Request For Covid19 Impact Analysis Across Industries And Markets – https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=31202
Global Rigid Trays packaging market: Key Players
Some of the players operating in the global rigid packaging market are – Pactiv LLC, Winpak Ltd., GY Packaging, EastCoast Packaging Corp, Linpac Packaging Ltd, DKC, Coveris, TEMMA SHIKI, Barger, Quinn Packaging, Hangzhou Xunda Packaging Co., Ltd., Jinwen Xie GZ Yulong Packaging Product Co., Ltd
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Customization of the Report: This report can be customized as per your needs for additional data or countries. – https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=31202
Related Reports Press-Release –
https://www.prnewswire.com/news-releases/hybrid-vehicles-market-to-be-worth-us193-29-bn-by-2024-due-to-growing-adoption-of-eco-friendly-technologies-noted-tmr-300837278.html
https://www.prnewswire.com/news-releases/broadcast-switchers-market-to-be-worth-us-2-47-bn-by-2024-upgradation-towards-digital-broadcasting-to-augment-market-growth-says-tmr-867571072.html
About Us
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.
Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information, we offer customized solutions through adhocreports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key tohelp enterprises reach right decision.”
Contact
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY – 12207
United States
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com