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Global Foam Tray Market 2017-2021

Global Foam Tray Market 2017-2021

About Foam Tray

Foam trays are mainly used in the packaging of food and are disposable after use. The foam trays find extensive application in the pharmaceuticals and industrial packaging. The trays are more appealing and attractive, besides protecting the food product from bacterial growth. The trays are available at minimal cost, in different shapes and colors, as per requirement. These trays are manufactured with good electricity insulation properties. They are resistant to moisture and help to package foods like red meat, poultry, and pork which produces meat purge. This helps to maintain the freshness and quality of food while moving from the producers to end-users along the supply chain.

Technavio’s analysts forecast the global foam tray market to grow at a CAGR of 3.52% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global foam tray market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Foam Tray Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • DuPont
  • Novipax
  • Reynolds Group Holdings
  • Sealed Air
Other prominent vendors
  • Anchor Packaging
  • Berry Global
  • Coveris
  • Dart Container Corporation
  • D&W Fine Pack
  • Ecopax
  • Genpak
  • Placon
  • Sirap Gema SpA
Market driver
  • Increasing food safety issues
  • For a full, detailed list, view our report
Market challenge
  • Environmental effects of plastic
  • For a full, detailed list, view our report
Market trend
  • Demand for small sized or single serving packs
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Foam Tray Market 2017-2021

Technavio recognizes the following companies as the key players in the global foam tray market: DuPont, Novipax, Reynolds Group Holdings, and Sealed Air.

Other Prominent Vendors in the market are: Anchor Packaging, Berry Global, Coveris, Dart Container Corporation, D&W Fine Pack, Ecopax, Genpak, Placon, and Sirap Gema SpA.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Demand for small sized or single serving packs. The demand for single serving packaged food has been increasing due to various reasons. The hectic schedules of the working population and the need for adequate quantities of food suiting individual needs are the major factors contributing to the demand for individual packaging. The growing number of single-person households is also affecting the demand for small sized or single serving packaging. In addition, there is a significant growth in the demand for convenient food packages in the market. This kind of packaging enables users to store food products for a longer time, due to improved shelf life.”

According to the report, one of the major drivers for this market is Increasing food safety issues. Food safety issues have been on the rise, turning out to be a growing concern. With the increasing globalization of food supply, the chances of food contamination are high, demanding enhanced food safety systems. These food safety issues arise due to food contamination and deterioration occurring at some point in the supply chain. Contamination can occur due to microbial growth, toxic chemicals or radioactive substances. This has affected the health of end-users consuming the food due to the presence of potentially harmful bacteria and viruses.

Further, the report states that one of the major factors hindering the growth of this market is Environmental effects of plastic. Plastics are produced from petroleum and natural gases, that are non-renewable resources extracted using energy intensive processes that harm the ecosystem. The process of manufacturing of plastics pollutes the environment and affects the health of the workers exposed to chemicals like carcinogens. In addition, the production of plastics results in the emission of harmful gases like sulfur oxides, nitrous oxides, methanol, and ethylene oxide among others.

Companies Mentioned

DuPont, Novipax, Reynolds Group Holdings, Sealed Air, Anchor Packaging, Berry Global, Coveris, Dart Container Corporation, D&W Fine Pack, Ecopax, Genpak, Placon, and Sirap Gema SpA.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
  • Market landscape
    • Market overview
      • Table Global foam tray market
    • Market size and forecast
      • Table Global foam tray market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Global foam tray market by application
      • Table Global foam tray market by application 2016 (% revenue)
      • Table Global foam tray market by application 2016-2021 (% revenue)
      • Table Global foam tray market by application growth rate 2016-2021
    • Global foam tray market by application in food packaging
      • Table Global foam tray market by application in food packaging 2016-2021 ($ millions)
    • Global foam tray market by application in industrial packaging
      • Table Global foam tray market by application in industrial packaging 2016-2021 ($ millions)
    • Global foam tray market by application in pharmaceutical packaging
      • Table Global foam tray market by application in pharmaceutical packaging 2016-2021 ($ millions)
  • Market segmentation by material
    • Global foam tray market by material
      • Table Global foam tray market by material 2016 (% revenue)
      • Table Global foam tray market by material 2016-2021(% revenue)
      • Table Global foam tray market by material growth rate 2016-2021
    • Global foam tray market by material by polystyrene
      • Table Global foam tray market by material by polystyrene 2016-2021 ($ millions)
    • Global foam tray market by material by polyethylene
      • Table Global foam tray market by material by polyethylene 2016-2021 ($ millions)
    • Global foam tray market by material by polypropylene
      • Table Global foam tray market by material by polypropylene 2016-2021 ($ millions)
    • Global foam tray market by material by polyester
      • Table Global foam tray market by material by polyester 2016-2021 ($ millions)
  • Regional landscape
    • Geographical segmentation
      • Table Geographic segmentation 2016-2021 (% revenue)
    • Regional comparison
      • Table Regional comparison
    • Americas - market size and forecast
      • Table Americas - market size and forecast 2016-2021 ($ millions)
      • Table Americas - Year-over-year growth 2016-2021
    • APAC - market size and forecast
      • Table APAC - market size and forecast 2016-2021 ($ millions)
      • Table APAC - Year-over-year growth
    • EMEA - market size and forecast
      • Table EMEA - market size and forecast 2016-2021 ($ millions)
      • Table EMEA - Year-over-year growth
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Average price of Brent crude oil per barrel in 2016 and expected average price in 2021
  • Market trends
    • Demand for small sized or single serving packs
    • Growth of biodegradable trays
    • Consolidation of players in the market
      • Table Major consolidations in the market
  • Vendor landscape
    • Competitive Scenario
    • DuPont
      • Table DuPont: Business segmentation 2016 (% revenue)
      • Table DuPont: Geographic segmentation 2016 (% revenue)
    • Novipax
      • Table Product offerings of Novipax
    • Reynolds Group Holdings
      • Table Reynolds Group Holdings business segmentation 2016 ($ millions)
    • Sealed Air
      • Table Sealed Air: Geographical Segmentation 2016 (%revenue)
      • Table Sealed Air: Business Segmentation 2016 (% revenue)
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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