Foam Trays Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027, Segmented By Material Type (Polyethylene, Polypropylene, Polyester, Polystyrene and Others), By Application (Pharmaceuticals, Food Packaging, Industrial Packaging and Others), By Region

  • Industry : Chemicals
  • Pages : NA
  • Published Date : NA
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Summary

Report Description

Global foam trays market is expected to grow at a steady rate during the forecast period. Foam trays are majorly used in food packaging applications. They prevent leakage in packaged food and beverages. They are available in different shapes and sizes. These trays are used in widespread applications such as food service, meat packaging, test tube holders, and small tools packaging.

Low cost and increasing demand for expanded polystyrene (EPS) foam trays are the major driving factors for global foam trays market. Additionally, properties such a light-weight, ease of handling, durability, flexibility, shock resistance are driving the demand for foam trays across the globe. Moreover, the cost of labor involved in the production of foam trays is quite low, thereby further fueling growth of the market.

The global foam trays market is segmented based on material type, application, region and company. Based on material type, the market can be segmented into Polyethylene, Polypropylene, Polyester, Polystyrene, Others. The Polystyrene segment is expected to register the highest CAGR during forecast period on account of its cost effectiveness, recyclability, shatter & moisture resistance, light weight, among others. Polyethylene segment is also anticipated to witness growth during forecast period attributable to their moisture resistance and light weight. Based on application, the market can be categorized into Pharmaceuticals, Food Packaging, Industrial Packaging and Others. The food packaging segment dominates the market owing to the growing concerns related to food safety, low cost and customization of foam trays based on the requirement.   

Regionally, the foam trays market is gaining traction and expanding to various regions including Asia-Pacific, North America, South America, Europe, and Middle East & Africa. Among these regions, North America region dominates the overall foam trays market owing to the the high demand for packaged food and home delivered food in the region. Europe is the second largest market for foam trays.

The major players operating in the foam trays market are Tekni-Plex Inc., Sirap Gema SpA, Anchor Packaging Inc., Berry Global Inc., Reynolds Group Holdings Limited, Sealed Air Corporation, D & W Fine Pack LLC, Coveris Inc., Genpak, LLC, Dart Container Corporation and others. Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments. For instance, in May 2018, Tekni-Plex acquired Commodore Plastics and Commodore Technology under a newly formed subsidiary, Dolco LLC. Commodore Plastics offers a wide range of traditional and custom polystyrene (PS) foam trays, which include padded food processors and industrial trays. Commodore Plastics is expected to be a part of Delco Packaging, which is the largest producer of foam egg carton trays.

Objective of the Study:

  • To analyze and forecast the market size of global foam trays market.
  • To classify and forecast global foam trays market based on material type, application, company and regional distribution.
  • To identify drivers and challenges for global foam trays market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global foam trays market.
  • To conduct pricing analysis for global foam trays market.
  • To identify and analyze the profile of leading players operating in global foam trays market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of global foam trays market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Foam trays manufacturers and suppliers
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to foam trays

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2021

Historical Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, Volume in Units and CAGR for 2017-2021 and 2022E-2027F

 

Report coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

 

Segments covered

·         Material Type

·         Application

Regional scope

North America; Europe; Asia Pacific; South America; Middle East & Africa

Country scope

United States, Mexico, Canada, China, India, Japan, South Korea; Germany, France, United Kingdom, Spain, Italy, South Africa, Egypt, Saudi Arabia, Brazil, Argentina, Colombia

Key companies profiled

Tekni-Plex Inc., Sirap Gema SpA, Anchor Packaging Inc., Berry Global Inc., Reynolds Group Holdings Limited, Sealed Air Corporation, D & W Fine Pack LLC, Coveris Inc., Genpak, LLC, Dart Container Corporation.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, global foam trays market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, By Material Type:
    • Polyethylene
    • Polypropylene
    • Polyester
    • Polystyrene
    • Others
  • Market, By Application:

o   Pharmaceuticals

o   Food Packaging

o   Industrial Packaging

o   Others

  • Market, By Region:
    • North America
      • United States
      • Mexico
      • Canada
    • Europe
      • Germany
      • France
      • United Kingdom
      • Italy
      • Spain
    • Asia-Pacific
      • China
      • India 
      • Japan
      • South Korea
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • Egypt
    • South America
      • Brazil
      • Colombia
      • Argentina

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global foam trays market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

It is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Foam Trays Market

4.    Executive Summary

5.    Voice of Customer

5.1.  Factors to be considered for product selection

5.2.  Factors influencing purchase decision

5.3.  Challenges/issues faced post purchase

5.4.  Unmet needs

6.    Global Foam Trays Market Outlook

6.1.  Market Size and Forecast

6.1.1.   By Value

6.1.2.   By Volume

6.2.  Market Share and Forecast

6.2.1.   By Material Type (Polyethylene, Polypropylene, Polyester, Polystyrene, Others)

6.2.2.   By Application (Pharmaceuticals, Food Packaging, Industrial Packaging, Others)

6.2.3.   By Company

6.2.4.   By Region

6.3.    Market Attractive Index

7.    Asia-Pacific Foam Trays Market Outlook

7.1.   Market Size and Forecast

7.1.1.   By Value

7.1.2.   By Volume

7.2.  Market Share & Forecast

7.2.1.   By Material Type

7.2.2.   By Application

7.2.3.   By Country

7.3.  China Foam Trays Market Outlook

7.3.1.   Market Size and Forecast

7.3.1.1.               By Value

7.3.1.2.               By Volume

7.3.2.   Market Share and Forecast

7.3.2.1.                By Material Type

7.3.2.2.                By Application                                    

7.4.  Japan Foam Trays Market Outlook

7.4.1.    Market Size and Forecast

7.4.1.1.               By Value

7.4.1.2.               By Volume

7.4.2.    Market Share and Forecast

7.4.2.1.                By Material Type

7.4.2.2.                By Application

7.5.   India Foam Trays Market Outlook

7.5.1.    Market Size and Forecast

7.5.1.1.               By Value

7.5.1.2.               By Volume

7.5.2.    Market Share and Forecast

7.5.2.1.                By Material Type

7.5.2.2.                By Application

7.6.  South Korea Foam Trays Market Outlook

7.6.1.    Market Size and Forecast

7.6.1.1.               By Value

7.6.1.2.               By Volume

7.6.2.    Market Share and Forecast

7.6.2.1.                By Material Type

7.6.2.2.                By Application

8.    Europe Foam Trays Market Outlook

8.1.   Market Size and Forecast

8.1.1.   By Value and Volume

8.2.  Market Share & Forecast

8.2.1.   By Material Type

8.2.2.   By Application

8.2.3.   By Country

8.3.   United Kingdom Foam Trays Market Outlook

8.3.1.   Market Size and Forecast

8.3.1.1.               By Value

8.3.1.2.               By Volume

8.3.2.   Market Share and Forecast

8.3.2.1.                By Material Type

8.3.2.2.                By Application                                    

8.4.  Italy Foam Trays Market Outlook

8.4.1.    Market Size and Forecast

8.4.1.1.               By Value

8.4.1.2.               By Volume

8.4.2.    Market Share and Forecast

8.4.2.1.                By Material Type

8.4.2.2.                By Application

8.5.  France Foam Trays Market Outlook

8.5.1.    Market Size and Forecast

8.5.1.1.               By Value

8.5.1.2.               By Volume

8.5.2.    Market Share and Forecast

8.5.2.1.                By Material Type

8.5.2.2.                By Application

8.6.  Germany Foam Trays Market Outlook

8.6.1.    Market Size and Forecast

8.6.1.1.               By Value

8.6.1.2.               By Volume

8.6.2.    Market Share and Forecast

8.6.2.1.                By Material Type

8.6.2.2.                By Application

8.7.   Spain Foam Trays Market Outlook

8.7.1.    Market Size and Forecast

8.7.1.1.               By Value

8.7.1.2.               By Volume

8.7.2.    Market Share and Forecast

8.7.2.1.                By Material Type

8.7.2.2.                By Application

9.    North America Foam Trays Market Outlook

9.1.   Market Size and Forecast

9.1.1.   By Value

9.1.2.   By Volume

9.2.  Market Share & Forecast

9.2.1.   By Material Type

9.2.2.   By Application

9.2.3.   By Country

9.3.   United States Foam Trays Market Outlook

9.3.1.   Market Size and Forecast

9.3.1.1.               By Value

9.3.1.2.               By Volume

9.3.2.   Market Share and Forecast

9.3.2.1.                By Material Type

9.3.2.2.                By Application

9.4.  Mexico Foam Trays Market Outlook

9.4.1.   Market Size and Forecast

9.4.1.1.               By Value

9.4.1.2.               By Volume

9.4.2.   Market Share and Forecast

9.4.2.1.                By Material Type

9.4.2.2.                By Application

9.5.   Canada Foam Trays Market Outlook

9.5.1.   Market Size and Forecast

9.5.1.1.               By Value

9.5.1.2.               By Volume

9.5.2.   Market Share and Forecast

9.5.2.1.                By Material Type

9.5.2.2.                By Application

10.   South America Foam Trays Market Outlook

10.1.           Market Size and Forecast

10.1.1.                By Value

10.1.2.                By Volume

10.2.          Market Share & Forecast

10.2.1.                By Material Type

10.2.2.                By Application

10.2.3.                By Country

10.3.            Brazil Foam Trays Market Outlook

10.3.1.                Market Size and Forecast

10.3.1.1.            By Value

10.3.1.2.            By Volume

10.3.2.                Market Share and Forecast

10.3.2.1.             By Material Type

10.3.2.2.             By Application

10.4.            Argentina Foam Trays Market Outlook

10.4.1.                Market Size and Forecast

10.4.1.1.            By Value

10.4.1.2.            By Volume

10.4.2.                Market Share and Forecast

10.4.2.1.             By Material Type

10.4.2.2.             By Application

10.5.          Colombia Foam Trays Market Outlook

10.5.1.                Market Size and Forecast

10.5.1.1.            By Value

10.5.1.2.            By Volume

10.5.2.                Market Share and Forecast

10.5.2.1.             By Material Type

10.5.2.2.             By Application

11.  Middle East & Africa Foam Trays Market Outlook

11.1.           Market Size and Forecast

11.1.1.                By Value

11.1.2.                By Volume

11.2.          Market Share & Forecast

11.2.1.                By Material Type

11.2.2.                By Application

11.2.3.                By Country

11.3.           South Africa Foam Trays Market Outlook

11.3.1.                Market Size and Forecast

11.3.1.1.            By Value

11.3.1.2.            By Volume

11.3.2.                Market Share and Forecast

11.3.2.1.             By Material Type

11.3.2.2.             By Application

11.4.          Saudi Arabia Foam Trays Market Outlook

11.4.1.                Market Size and Forecast

11.4.1.1.            By Value

11.4.1.2.            By Volume

11.4.2.                Market Share and Forecast

11.4.2.1.             By Material Type

11.4.2.2.             By Application

11.5.           Egypt Foam Trays Market Outlook

11.5.1.                Market Size and Forecast

11.5.1.1.            By Value

11.5.1.2.            By Volume

11.5.2.                Market Share and Forecast

11.5.2.1.             By Material Type

11.5.2.2.             By Application

12.  Market Dynamics

12.1.           Drivers

12.2.           Challenges

13.  Market Trends & Developments

14.  Pricing Analysis

15.  Competitive Landscape

15.1.          Competition Benchmarking

15.2.          Company Profiles (Leading companies)

15.2.1.                Tekni-Plex Inc.

15.2.2.                Sirap Gema SpA

15.2.3.                Anchor Packaging Inc.

15.2.4.                Berry Global Inc.

15.2.5.                Reynolds Group Holdings Limited 

15.2.6.                Sealed Air Corporation 

15.2.7.                D & W Fine Pack LLC

15.2.8.                Coveris Inc.

15.2.9.                Genpak, LLC 

15.2.10.              Dart Container Corporation

16.   Strategic Recommendations

 (Note: The companies list can be customized based on the client requirements)

Figures and Tables

Frequently asked questions

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The different materials used to make foam trays in Global Foam Trays Market include Polyethylene, Polypropylene, Polyester, Polystyrene, and Others.

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The major players operating in Global Foam Trays Market include Tekni-Plex Inc., Sirap Gema SpA, Anchor Packaging Inc., Berry Global Inc., Reynolds Group Holdings Limited, Sealed Air Corporation, D & W Fine Pack LLC, Coveris Inc., Genpak, LLC, Dart Container Corporation, etc.

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The major factor driving the Global Foam Trays Market is the extensive use of foam trays in food packaging applications.

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The Food Packaging application segment dominates the Global Foam Trays Market on account of the fact that foam trays help in prevention of leakage of liquids in packaged food and beverages.

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Sakshi Bajaal

Business Consultant
Press Release

Global Foam Trays Market to Grow at a Steady Rate During Forecast Period

Aug, 2019

Increasing concerns related to food safety is expected to drive the growth of global foam trays market during the forecast period

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