Dual-Ovenable Trays & Containers

Dual-Ovenable Trays & Containers

Global Dual-Ovenable Trays and Containers Market to Reach $2 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Dual-Ovenable Trays and Containers estimated at US$1.6 Billion in the year 2020, is projected to reach a revised size of US$2 Billion by 2027, growing at a CAGR of 2.8% over the analysis period 2020-2027. C-PET, one of the segments analyzed in the report, is projected to record a 2.9% CAGR and reach US$1.7 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Paperboard segment is readjusted to a revised 3.9% CAGR for the next 7-year period.

The U.S. Market is Estimated at $469.3 Million, While China is Forecast to Grow at 2.6% CAGR

The Dual-Ovenable Trays and Containers market in the U.S. is estimated at US$469.3 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$347.5 Million by the year 2027 trailing a CAGR of 2.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 2.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.9% CAGR.

A-PET Segment to Record 2.3% CAGR

In the global A-PET segment, USA, Canada, Japan, China and Europe will drive the 2.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$37.1 Million in the year 2020 will reach a projected size of US$43.8 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets.

Select Competitors (Total 12 Featured) -

• Bemis Co., Inc.
• CiMa-Pak Corporation
• DuPont Teijin Films U.S. Limited Partnership
• Evergreen Packaging LLC.
• Faerch Plast A/S
• Genpak LLC
• MCP Performance Plastic Ltd.
• Oliver Packaging & Equipment Company
• PAC Food Pty Ltd.
• Pactiv LLC
• PinnPACK Packaging LLC
• Point Five Packaging, LLC.
• Portage Plastics Corporation
• Sabert Corporation
• Sanplast Ltd.
• Sealed Air Corporation
• Sonoco Products Company

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