Bakeable Trays Market, By Product Type (Single Corrugated, Double Corrugated, and Others), By Compartment (One, Two, Three, and Others), By Application (Pharmaceutical, Food & Beverages, Cosmetics & Personal Care, Logistics & Transportation, and Others),

Bakeable trays or direct-to-oven trays are mostly made from corrugated paper, which is both waterproof and heat-resistant. These trays are designed for shipping and baking of food products on the same tray, which makes it more efficient than traditional baking trays. Most of the manufacturers offer bakeable trays with a high gloss P.E.T. laminate. These trays can be baked at temperatures up to 220ºC

Key players in the market are adopting various strategies such as product launches in order to expand their product portfolio and strengthen their market presence. For instance, Multivac is the leading manufacturer worldwide of thermoforming packaging machines for food processing. In 2016, Multivac Inc. launched dual ovenable Mylar BAKE film coated product range. The product is designed for cooking meat and has self-venting property, which increases its shelf life.

Market Dynamics

Among product type, the single corrugated bakeable trays segment is expected to account for a significant share over the forecast period. Single corrugated trays are used for baking and shipping of goods. This trays offer time & money saving alternative for conventional baking pans.

Among application, the food & beverages segment is expected to witness significant growth over the forecast period. Growth of bakery and convenience food products is expected to increase the demand for bakeable trays. For instance, according to Germany Trade & Invest (GTAI), Germany’s Revenue in the Bread & Bakery Products segment amounts to US$ 31.86 bn in 2023. The market is expected to grow annually by 2.94% (CAGR 2025-2032). According to the same source, Germany’s convenient food market was valued at US$ 10.79 bn in 2023, which has increased by 4% between 2013 and 2017.

Asia Pacific is expected to account for a significant market share over the forecast period. Increasing disposable income and changing lifestyle patterns has led to increasing demand for convenience or ready to eat food products. For instance, according to World Bank Group, the per capita income in Asia Pacific region was US$ for 2021 was 13,042, a 13.65% increase from 2020.

Key features of the study:

• This report provides in-depth analysis of the global bakeable trays market and provides market size (US$ Mn), and compound annual growth rate (CAGR %) for the forecast period 2025-2032, considering 2024 as the base year.
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global bakeable trays market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
• Key companies covered as a part of this study include iVEX Protective Packaging Inc., DuraCorp LLC, Huhtamaki BCP Ltd., Packaging Sales & Service Inc., Menasha Corporation, Honeymoon Paper Products Inc., Tielman Sweden AB, Genpak LLC, Northland Aluminum Products Inc., and Laminating Technologies Industries LLC
• Insights from this report would allow marketers and management authorities of the companies to make informed decisions regarding their future product launches, technology upgradation, market expansion, and marketing tactics
• The global bakeable trays market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global bakeable trays market

• Global Bakeable Trays Market, By Product Type:
• Single Corrugated
• Double Corrugated
• Others
• Global Bakeable Trays Market, By Compartment:
• One
• Two
• Three
• Others
• Global Bakeable Trays Market, By Application:
• Pharmaceutical
• Food & Beverages
• Cosmetics & Personal Care
• Logistic & Transportation
• Others
• Global Bakeable Trays Market, By Region:
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East
• Africa
• Company Profiles
• iVEX Protective Packaging Inc.
• DuraCorp LLC
• Huhtamaki BCP Ltd.
• Packaging Sales & Service Inc
• Menasha Corporation
• Honeymoon Paper Products Inc.
• Tielman Sweden AB
• Genpak LLC
• Northland Aluminum Products Inc.
• Laminating Technologies Industries LLC