North America Paper & Paperboard Trays Market Overview and Growth by 2028

Historic Data: 2019-2020   |   Base Year: 2021   |   Forecast Period: 2022-2028

North America Paper & Paperboard Trays Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Material (Virgin Fiber and Recycled Fiber) and Application (Food and Beverages, Consumer Electronics, Personal Care and Cosmetics, Healthcare, and Others)

  • Report Code : TIPRE00025876
  • Category : Chemicals and Materials
  • No. of Pages : 113
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The North America paper & paperboard trays market is expected to grow from US$ 1,204.26 million in 2021 to US$ 1,693.49 million by 2028; it is estimated to grow at a CAGR of 5.0% from 2021 to 2028.  



Paper and paperboard trays are packaging products generally used for packaging fresh fruits and vegetables, eggs, salads, dry fruits, and other food and beverage products. These trays are also being used for packaging consumer electronic products such as mobiles, laptops, earphones, printers, cosmetics and personal care products, healthcare tools and equipment, and consumer goods such as glassware and jewellery. These trays are made of virgin or recycled fiber. They offer cushioning to the products inside the package to ensure their safety in transit. The rising demand for sustainable and flexible packaging applications in several industries, notably the food & beverages sector, is a crucial factor driving the paper & paperboard trays market. The rising demand for cost-effective paperboard packaging for food and drinks is also another vital factor stoking the demand for paper & paperboard trays. Furthermore, the focus on new innovations and product developments to enhance the sustainability of paperboard trays has caused a spur in the market’s growth.

The US reported the highest number of COVID-19 confirmed cases across North America, which led to the discontinuation of several businesses, such as paper & paperboard trays manufacturing activities. Also, due to the outbreak, most countries declared a health emergency and stopped unessential movements, thus impacting heavily on the supply chain of goods. Manufacturing facilities hustled to make changes due to the implementation of social distancing norms, which cased disruptions and slowdowns on throughput. Paper and paperboard industry may continue to see weak or broken links in their supply chains, which, in turn, would negatively affect the paper & paperboard trays market growth in the coming years.

With the new advancements and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America paper & paperboard trays market. The rising demand for sustainable and flexible packaging products in different sectors, notably the food & beverages sector, is a crucial factor driving the North America paper and paperboard trays market. Governments and other regulatory bodies are highly emphasizing the use of recyclable products owing to growing environmental concerns. They have laid down stringent regulations pertaining to the use of sustainable products. Focus on innovations and product developments to enhance the sustainability of paperboard trays has caused a spur in the market growth. Cascades, a sustainable packaging company, launched the first thermoformed cardboard tray in 2020. The product is made from 100% recyclable and recycled cardboard and has a recyclable water-based barrier coating that provides moisture resistance. The application of paper in packaging is undergoing a restoration as consumers perceive it as a high-value, environmentally friendly material. It is a biodegradable, recyclable, and bio-based material. A paradigm shift in consumer behavior toward adopting sustainable packaging solutions is compelling manufacturers to focus on green packaging, which is driving the paper and paperboard trays market growth.paper and paperboard trays market
  • This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

North America Paper & Paperboard Trays Market Segmentation

  • North America Paper & Paperboard Trays Market – By Material
    • Virgin Fiber
    • Recycled Fiber
  • North America Paper & Paperboard Trays Market – By Application
    • Food and Beverages
    • Consumer Electronics
    • Personal Care and Cosmetics
    • Healthcare
    • Others
  • North America Paper & Paperboard Trays Market – By Country
    • US
    • Canada
    • Mexico

North America Paper & Paperboard Trays Report Scope

Report Attribute Details
Market size in 2021 US$ 1,204.26 Million
Market Size by 2028 US$ 1,693.49 Million
Global CAGR (2021 - 2028) 5.0%
Historical Data 2019-2020
Forecast period 2022-2028
Segments Covered By Material
  • Virgin Fiber and Recycled Fiber
By Application
  • Food and Beverages
  • Consumer Electronics
  • Personal Care and Cosmetics
  • Healthcare
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Market leaders and key company profiles
  • Huhtamaki
  • Mondi
  • Pactiv Evergreen Inc.
  • UFP Technologies, Inc.
  • Hartmann
  • International Paper
  • PaperTech
  • SOLUT!
  • Orcon Industries
    • Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
    • PEST and SWOT Analysis
    • Market Size Value / Volume - Global, Regional, Country
    • Industry and Competitive Landscape
    • Excel Dataset
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    Report Coverage

    Report Coverage

    Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

    Segment Covered

    Segment Covered

    This text is related
    to segments covered.

    Regional Scope

    Regional Scope

    North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

    Country Scope

    Country Scope

    This text is related
    to country scope.

    Trends and growth analysis reports related to Chemicals and Materials : READ MORE..   

    North America Paper & Paperboard Trays Market
    Connect With Expert
    1. Huhtamaki
    2. Mondi
    3. Pactiv Evergreen Inc.
    4. UFP Technologies, Inc.
    5. Hartmann
    6. International Paper
    7. PaperTech
    8. SOLUT!
    9. Orcon Industries
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