Foam Trays Market
Foam Trays - Global Market Outlook (2019-2027)
According to Stratistics MRC, the Global Foam Trays Market is accounted for $2.64 billion in 2019 and is expected to reach $4.12 billion by 2027 growing at a CAGR of 5.7% during the forecast period. Some of the key factors propelling the market growth include rise in demand for cost effective foam trays, increase in concerns regarding food safety, and rising trend of take-away systems in restaurants and busy lifestyles. However, non-biodegradable nature of foam is restraining the foam trays market. On the other hand, the increasing demand for small-sized and single-serving packs is likely to showcase growth opportunities for the Foam trays market during the forecast period.
Foam trays are primarily used in food packaging applications. They help prevent liquids from leaking in packaged food and beverages. Foam trays are ideal for usage for fruits, vegetables, meat, and poultry. These trays are usually made from polystyrene, which is highly compact foam. Foam trays are available in various shape and sizes. These trays are also employed in various other applications such as food service, meat packaging, test tube holders, and small tools packaging. Foam trays protect the food from chemical, biological, and physical hazards.
By application, food packaging was the largest contributor in global foam trays market, due to wide application of foam trays in different packaging industry and increase in demand for disposable trays in food services and take-away restaurants. Foam trays are primarily used for food packaging. The low cost and requirement-based customization of foam trays have increased their application in the food packaging sector. Also, the expansion of multi-national food chains into the emerging markets is also raising the demand for foam trays. Considering these factors, food packaging is anticipated to remain the significant segment in foam trays market during the forecast period.
On the basis of geography, North America is anticipated to witness the significant market growth during the forecast period, due to development in industrialization in this region and growth in food and pharmaceuticals industries. Moreover, U.S is leading in terms of consumption as trend of packed food amongst the population owing to the busy life schedule is fuelling the global foam trays market.
Some of the key players in foam trays market include Cascades Inc, Groupe Guillin SA, Sealed Air Corporation, Pactiv LLC, Anchor Packaging Inc., Sirap Group, DuPont, Novipax, Reynolds Group Holdings, Tekni-Plex, Dart Container Corporation, Placon Corporation Inc., D&W Fine Pack LLC, Coveris Holdings S.A., Genpak LLC, Berry Plastics Group, Inc., and Ecopax, LLC.
Materials Covered:
• Polyester
• Polystyrene
• Polyethylene
• Polypropylene
• Other Materials
Applications Covered:
• Food Packaging
• Pharmaceuticals
• Industrial Packaging
• Restaurant
• Hotel
• Home
• Other Applications
Types Covered:
• Non-disposable
• Disposable
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliance
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Foam Trays Market, By Material
5.1 Introduction
5.2 Polyester
5.3 Polystyrene
5.4 Polyethylene
5.5 Polypropylene
5.6 Other Materials
5.6.1 Polyurethane
5.6.2 Antistatic Polyethylene
5.6.3 Fluoride
6 Global Foam Trays Market, By Application
6.1 Introduction
6.2 Food Packaging
6.2.1 Bakeries
6.2.2 Food Chains (Organized)
6.2.3 Food Service (Clamshells)
6.2.4 Fruits & Vegetables
6.2.5 Meat & Poultry
6.2.6 Dairy Products
6.3 Pharmaceuticals
6.4 Industrial Packaging
6.5 Restaurant
6.6 Hotel
6.7 Home
6.8 Other Applications
6.8.1 Cosmetics
6.8.2 Electrical & Electronics
7 Global Foam Trays Market, By Type
7.1 Introduction
7.2 Non-disposable
7.3 Disposable
8 Global Foam Trays Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 Italy
8.3.4 France
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Australia
8.4.5 New Zealand
8.4.6 South Korea
8.4.7 Rest of Asia Pacific
8.5 South America
8.5.1 Argentina
8.5.2 Brazil
8.5.3 Chile
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 UAE
8.6.3 Qatar
8.6.4 South Africa
8.6.5 Rest of Middle East & Africa
9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies
10 Company Profiling
10.1 Cascades Inc
10.2 Groupe Guillin SA
10.3 Sealed Air Corporation
10.4 Pactiv LLC
10.5 Anchor Packaging Inc.
10.6 Sirap Group
10.7 DuPont
10.8 Novipax
10.9 Reynolds Group Holdings
10.10 Tekni-Plex
10.11 Dart Container Corporation
10.12 Placon Corporation Inc.
10.13 D&W Fine Pack LLC
10.14 Coveris Holdings S.A.
10.15 Genpak LLC
10.16 Berry Plastics Group, Inc.
10.17 Ecopax, LLC
List of Tables
1 Global Foam Trays Market Outlook, By Region (2018-2027) ($MN)
2 Global Foam Trays Market Outlook, By Material (2018-2027) ($MN)
3 Global Foam Trays Market Outlook, By Polyester (2018-2027) ($MN)
4 Global Foam Trays Market Outlook, By Polystyrene (2018-2027) ($MN)
5 Global Foam Trays Market Outlook, By Polyethylene (2018-2027) ($MN)
6 Global Foam Trays Market Outlook, By Polypropylene (2018-2027) ($MN)
7 Global Foam Trays Market Outlook, By Other Materials (2018-2027) ($MN)
8 Global Foam Trays Market Outlook, By Polyurethane (2018-2027) ($MN)
9 Global Foam Trays Market Outlook, By Antistatic Polyethylene (2018-2027) ($MN)
10 Global Foam Trays Market Outlook, By Fluoride (2018-2027) ($MN)
11 Global Foam Trays Market Outlook, By Application (2018-2027) ($MN)
12 Global Foam Trays Market Outlook, By Food Packaging (2018-2027) ($MN)
13 Global Foam Trays Market Outlook, By Bakeries (2018-2027) ($MN)
14 Global Foam Trays Market Outlook, By Food Chains (Organized) (2018-2027) ($MN)
15 Global Foam Trays Market Outlook, By Food Service (Clamshells) (2018-2027) ($MN)
16 Global Foam Trays Market Outlook, By Fruits & Vegetables (2018-2027) ($MN)
17 Global Foam Trays Market Outlook, By Meat & Poultry (2018-2027) ($MN)
18 Global Foam Trays Market Outlook, By Dairy Products (2018-2027) ($MN)
19 Global Foam Trays Market Outlook, By Pharmaceuticals (2018-2027) ($MN)
20 Global Foam Trays Market Outlook, By Industrial Packaging (2018-2027) ($MN)
21 Global Foam Trays Market Outlook, By Restaurant (2018-2027) ($MN)
22 Global Foam Trays Market Outlook, By Hotel (2018-2027) ($MN)
23 Global Foam Trays Market Outlook, By Home (2018-2027) ($MN)
24 Global Foam Trays Market Outlook, By Other Applications (2018-2027) ($MN)
25 Global Foam Trays Market Outlook, By Cosmetics (2018-2027) ($MN)
26 Global Foam Trays Market Outlook, By Electrical & Electronics (2018-2027) ($MN)
27 Global Foam Trays Market Outlook, By Type (2018-2027) ($MN)
28 Global Foam Trays Market Outlook, By Non-disposable (2018-2027) ($MN)
29 Global Foam Trays Market Outlook, By Disposable (2018-2027) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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