The Plastic Trays market was valued at xxx million USD with a CAGR xx% from 2015-2019. Subsequently, it will touch xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
Plastic tray is a flat piece of plastic usually with high raised edges used for carrying things, especially food items. Different types of plastic materials are used to manufacture plastic trays such as polystyrene, PVC, polyethylene terephthalate, and polypropylene. Plastic trays are used across various industries such as food & beverages, retail, pharmaceuticals, electronics, industrial goods, and cosmetics.
Reusable plastic packaging is witnessing growing popularity across various industries. Improving supply chain performance, reducing the risk of damage and enhancing safety are some of the factors driving demand for reusable plastic packaging. The food industry is moving fast towards adopting reusable plastic trays.
In the global Plastic Trays market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the market on the basis of application, type, regions, and manufactures.
In global market, the following companies are covered:
DS Smith
Winpak
Huhtamaki
Bemis
RPC Group
Sonoco Products
Pactiv
Genpak
Placon
Lacerta Group
VisiPak
Market Segment by Product Type
Polyethylene Terephthalate
Polystyrene
Polypropylene
PVC
Others
Market Segment by Application
Food Beverage
Pharmaceutical
Cosmetic & Personal Care
Electronics
Industrial Goods
Horticulture
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Plastic Trays market for the forecast period 2020 - 2025?
• What are the driving forces in the Plastic Trays market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Plastic Trays industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?