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Paper and Paperboard Trays Market

2021

Paper and Paperboard Trays Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Material (Virgin Fiber and Recycled Fiber), Application (Food and Beverages, Personal Care and Cosmetics, E-Commerce Packaging, Healthcare, and Others) and Geography

Publication Month: Sep 2021 | Report Code: TIPRE00023637 | No. of Pages: 126 | Category: Consumer Goods | Status: Published

Market Insights

Paper and Paperboard Trays Market to Grow at a CAGR of 5.8% to reach US$ 7,319.26 Million from 2021 to 2028

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The paper and paperboard trays market is projected to reach US$ 7,319.26 million by 2028 from US$ 4,942.09 million in 2021; it is expected to register a CAGR of 5.8% 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 of 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 products inside the package to ensure their safety in transit.

In 2020, Asia Pacific held the largest revenue share of the global paper and paperboard trays market. The market for paper and paperboard packaging across Asia Pacific has witnessed a notable growth owing to rapidly expanding packaging industry, growth of food retail and foodservice sector, and rising consumer awareness about sustainable packaging solutions across the region. The foodservice sector in Asia Pacific is expanding owing to growth in the tourism sector and improving lifestyles of consumers, as well as rising disposable income levels. Manufacturers of paper and paperboard trays are largely focusing on expanding their operations across Asia Pacific owing to presence of potential customer base, cheap infrastructure and labor facilities, abundance of resources, and free trade policies. This factor is expected to open lucrative opportunities for manufacturers in coming years.

Impact of COVID-19 Pandemic on Paper and Paperboard Trays Market

The COVID-19 pandemic has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The shutdown of various manufacturing plants in regions such as North America, Europe, Asia Pacific, South America, and the Middle East & Africa has affected the global supply chain and negatively impacted the manufacturing capabilities, delivery schedules, and sales of various goods. The pandemic has directly affected the production and demand, which has led to supply chain and market disruption, and has subsequently impacted the financial status of the firms and the global economy. Packaging is one of the major industries suffering serious disruptions such as supply chain breaks and shutdowns of production plants.

With the spread of COVID 19 across the globe, most countries declared a health emergency and stopped unessential movements, thereby impacting heavily on the supply chain of goods. Disruptions in the supply chain caused slowdowns. Manufacturing facilities hustled to make changes due to social distancing, causing more disruption and slowdowns on throughput. Paper and paperboard industry may continue to see weak or broken links in their supply chains. Moreover, self-isolation has resulted in short supply and plethora of manufacturing units is sourcing supply chains away from China.


Paper and Paperboard Trays Market

Paper and Paperboard Trays Market

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Market Insights
Growing Demand for Sustainability Products to Drive Paper and Paperboard TraysMarket

The rising global demand for sustainable and flexible packaging applications in several industries, notably the food and beverages sector, is a crucial factor driving the global paper and paperboard trays market. The growing demand for cost-effective paperboard packaging for food and drinks is also another vital factor stoking the demand for paper and paperboard trays. Governments and other regulatory bodies are emphasizing the use of recyclable products owing to the growing environmental concerns. Moreover, they have laid down stringent regulations pertaining to the use of sustainable product, which is one of the prominent factors propelling the growth of the paper and paperboard trays market.

Material Insights

Based on material, the global paper and paperboard trays market is divided into virgin fiber and recycled fiber. The virgin fiber segment held a larger share of the global paper and paperboard trays market in 2020. Virgin fiber is obtained from the pulp of fresh wood. The paper made from virgin fiber is free from recycled materials. Virgin fibers are widely used in the packaging industry to manufacture paper and paperboard products. Paperboard trays used for packaging food products such as fruits, eggs, and vegetables are made using virgin fibers because they ensure food safety by preventing taint, odor, and migration issues, as well as meet the food safety regulations. Virgin fibers have high strength and are not easily susceptible to breakage.

Paper and Paperboard Trays Market, by Material– 2020 and 2028

Paper and Paperboard Trays Market, by Material– 2020 and 2028

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Application Insights

Based on application, the global paper and paperboard trays market is categorized into food and beverages, consumer electronics, personal care and cosmetics, healthcare, and others. The food and beverages segment held the largest share of the global paper and paperboard trays market in 2020. Paper and paperboard trays have been widely used for packaging food products such as eggs, fresh fruits and vegetables, and salad. These trays provide cushioning to delicate surface of these products to ensure safety during transportation. Paper and paperboard trays ensure proper ventilation inside the package to keep the food products fresh. Moreover, these trays ensure food safety by protecting the food from contamination and odor. They also meet the food safety regulations, making them one of the most preferred packaging alternatives across the food & beverages industry.

Strategic Insights

Huhtamaki; Mondi; Pactiv Evergreen Inc.; UFP Technologies, Inc.; Hartmann; Orcon Industries; International Paper; Athena Superpack Private Limited; PaperTech; and SOLUT! are among the key market players in the global paper and paperboard trays market. Players operating in the market are highly focused towards the development of high quality and innovative product offerings to fulfil the customer’s requirements.


Report Spotlights

  • Progressive industry trends in the paper and paperboard trays market to help players develop effective long-term strategies
  • Business growth strategies adopted by developed and developing markets
  • Quantitative analysis of the paper and paperboard trays market from 2019 to 2028
  • Estimation of global demand for paper and paperboard trays
  • Porter’s Five Forces analysis to illustrate the efficacy of buyers and suppliers operating in the industry
  • Recent developments to understand the competitive market scenario
  • Market trends and outlook as well as factors driving and restraining the growth of the paper and paperboard trays market
  • Assistance in decision-making process by highlighting market strategies that underpin commercial interest, leading to the market growth
  • The size of the paper and paperboard trays market size at various nodes
  • Detailed overview and segmentation of the market, as well as the paper and paperboard trays industry dynamics
  • Size of the paper and paperboard trays market in various regions with promising growth opportunities

Global Paper and Paperboard Trays Market

By Material

  • Virgin Fiber
  • Recycled Fiber


By Application

  • Food and Beverages
  • Consumer Electronics
  • Personal Care and Cosmetics
  • Healthcare
  • Others


Company Profiles


  • Huhtamaki
  • Mondi
  • Pactiv Evergreen Inc.
  • UFP Technologies, Inc.
  • Hartmann
  • Orcon Industries
  • International Paper
  • Athena Superpack Private Limited
  • PaperTech

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 Paper & Paperboard Trays Market, by Material

1.3.2 Paper & Paperboard Trays Market, by Application

1.3.3 Paper & Paperboard Trays Market, by Geography

2. Key Takeaways

3. Research Methodology

3.1 Scope of the Study

3.2 Research Methodology

3.2.1 Data Collection:

3.2.2 Primary Interviews:

3.2.3 Hypothesis formulation:

3.2.4 Macro-economic factor analysis:

3.2.5 Developing base number:

3.2.6 Data Triangulation:

3.2.7 Country level data:

4. Paper & Paperboard Trays Market Landscape

4.1 Market Overview

4.2 Porter’s Five Forces Analysis

4.2.1 Bargaining Power of Buyers

4.2.2 Bargaining Power of Suppliers

4.2.3 Threat to Substitute

4.2.4 Threat to New Entrants

4.2.5 Competitive Rivalry

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. Paper and Paperboard Trays Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Growing Demand for Sustainable Products

5.1.2 Investments in Paper and Paperboard Trays

5.2 Market Restraints

5.2.1 Insufficiency of Paper-Based Materials in Conferring Complete Protection to Packaged Goods

5.3 Market Opportunities

5.3.1 Growth of Flexible Paper Packaging in Emerging Regions

5.4 Future Trends

5.4.1 Popularity of Ovenable Paper and Paperboard Trays in Food and Beverages Sector

5.5 Impact Analysis of Drivers and Restraints

6. Paper & Paperboard Trays – Global Market Analysis

6.1 Paper & Paperboard Trays Market Overview

6.2 Paper & Paperboard Trays Market –Revenue and Forecast to 2028 (US$ Mn)

6.3 Market Positioning – Global Market Players

7. Global Paper & Paperboard Trays Market Analysis – By Material

7.1 Overview

7.2 Global Paper & Paperboard Trays Market Share, By Material, 2020 & 2028

7.3 Virgin Fiber

7.3.1 Overview

7.3.2 Virgin Fiber: Paper & Paperboard Trays Market- Revenue and Forecasts to 2028 (US$ Mn)

7.4 Recycled Fiber

7.4.1 Overview

7.4.2 Recycled Fiber: Paper & Paperboard Trays Market- Revenue and Forecasts to 2028 (US$ Mn)

8. Global Paper & Paperboard Trays Market Analysis – By Application

8.1 Overview

8.2 Paper & Paperboard Trays Market Share, By Application, 2020 & 2028

8.3 Food and Beverages

8.3.1 Overview

8.3.2 Food and Beverages: Paper & Paperboard Trays Market- Revenue and Forecasts to 2028 (US$ Mn)

8.4 Consumer Electronics

8.4.1 Overview

8.4.2 Consumer Electronics: Paper & Paperboard Trays Market- Revenue and Forecasts to 2028 (US$ Mn)

8.5 Personal Care and Cosmetics

8.5.1 Overview

8.5.2 Personal Care and Cosmetics: Paper & Paperboard Trays Market- Revenue and Forecasts to 2028 (US$ Mn)

8.6 Healthcare

8.6.1 Overview

8.6.2 Healthcare: Paper & Paperboard Trays Market- Revenue and Forecasts to 2028 (US$ Mn)

8.7 Others

8.7.1 Overview

8.7.2 Others: Paper & Paperboard Trays Market- Revenue and Forecasts to 2028 (US$ Mn)

9. Paper & Paperboard Trays Market– Geographic Analysis

9.1 Overview

9.2 North America: Paper & Paperboard Trays Market

9.2.1 North America: Paper & Paperboard Trays Market–Revenue and Forecast to 2028 (US$ Mn)

9.2.2 North America: Paper & Paperboard Trays Market, by Material

9.2.3 North America: Paper & Paperboard Trays Market, by Application

9.2.4 North America: Paper & Paperboard Trays Market, by Key Country

9.2.4.1 US: Paper & Paperboard Trays Market–Revenue and Forecast to 2028 (US$ Mn)

9.2.4.1.1 US: Paper & Paperboard Trays Market, by Material

9.2.4.1.2 US: Paper & Paperboard Trays Market, by Application

9.2.4.2 Canada: Paper & Paperboard Trays Market–Revenue and Forecast to 2028 (US$ Mn)

9.2.4.2.1 Canada: Paper & Paperboard Trays Market, by Material

9.2.4.2.2 Canada: Paper & Paperboard Trays Market, by Application

9.2.4.3 Mexico: Paper & Paperboard Trays Market–Revenue and Forecast to 2028 (US$ Mn)

9.2.4.3.1 Mexico: Paper & Paperboard Trays Market, by Material

9.2.4.3.2 Mexico: Paper & Paperboard Trays Market, by Application

9.3 Europe: Paper & Paperboard Trays Market

9.3.1 Europe: Paper & Paperboard Trays Market–Revenue and Forecast to 2028 (US$ Mn)

9.3.2 Europe: Paper & Paperboard Trays Market, by Material

9.3.3 Europe: Paper & Paperboard Trays Market, by Application

9.3.4 Europe: Paper & Paperboard Trays Market, by Key Country

9.3.4.1 Germany: Paper & Paperboard Trays Market–Revenue and Forecast to 2028 (US$ Mn)

9.3.4.1.1 Germany: Paper & Paperboard Trays Market, by Material

9.3.4.1.2 Germany: Paper & Paperboard Trays Market, by Application

9.3.4.2 France: Paper & Paperboard Trays Market–Revenue and Forecast to 2028 (US$ Mn)

9.3.4.2.1 France: Paper & Paperboard Trays Market, by Material

9.3.4.2.2 France: Paper & Paperboard Trays Market, by Application

9.3.4.3 Italy: Paper & Paperboard Trays Market–Revenue and Forecast to 2028 (US$ Mn)

9.3.4.3.1 Italy: Paper & Paperboard Trays Market, by Material

9.3.4.3.2 Italy: Paper & Paperboard Trays Market, by Application

9.3.4.3.3 United Kingdom: Paper & Paperboard Trays Market–Revenue and Forecast to 2028 (US$ Mn)

9.3.4.3.4 United Kingdom: Paper & Paperboard Trays Market, by Material

9.3.4.3.5 United Kingdom: Paper & Paperboard Trays Market, by Application

9.3.4.4 Russia: Paper & Paperboard Trays Market–Revenue and Forecast to 2028 (US$ Mn)

9.3.4.4.1 Russia: Paper & Paperboard Trays Market, by Material

9.3.4.4.2 Russia: Paper & Paperboard Trays Market, by Application

9.3.4.5 Rest of Europe: Paper & Paperboard Trays Market–Revenue and Forecast to 2028 (US$ Mn)

9.3.4.5.1 Rest of Europe: Paper & Paperboard Trays Market, by Material

9.3.4.5.2 Rest of Europe: Paper & Paperboard Trays Market, by Application

9.4 Asia Pacific: Paper & Paperboard Trays Market

9.4.1 Asia Pacific: Paper & Paperboard Trays Market–Revenue and Forecast to 2028 (US$ Mn)

9.4.2 Asia Pacific: Paper & Paperboard Trays Market, by Material

9.4.3 Asia Pacific: Paper & Paperboard Trays Market, by Application

9.4.4 Asia Pacific: Paper & Paperboard Trays Market, by Key Country

9.4.4.1 Australia: Paper & Paperboard Trays Market–Revenue and Forecast to 2028 (US$ Mn)

9.4.4.1.1 Australia: Paper & Paperboard Trays Market, by Material

9.4.4.1.2 Australia: Paper & Paperboard Trays Market, by Application

9.4.4.2 China: Paper & Paperboard Trays Market–Revenue and Forecast to 2028 (US$ Mn)

9.4.4.2.1 China: Paper & Paperboard Trays Market, by Material

9.4.4.2.2 China: Paper & Paperboard Trays Market, by Application

9.4.4.3 India: Paper & Paperboard Trays Market–Revenue and Forecast to 2028 (US$ Mn)

9.4.4.3.1 India: Paper & Paperboard Trays Market, by Material

9.4.4.3.2 India: Paper & Paperboard Trays Market, by Application

9.4.4.4 Japan: Paper & Paperboard Trays Market–Revenue and Forecast to 2028 (US$ Mn)

9.4.4.4.1 Japan: Paper & Paperboard Trays Market, by Material

9.4.4.4.2 Japan: Paper & Paperboard Trays Market, by Application

9.4.4.5 South Korea: Paper & Paperboard Trays Market–Revenue and Forecast to 2028 (US$ Mn)

9.4.4.5.1 South Korea: Paper & Paperboard Trays Market, by Material

9.4.4.5.2 South Korea: Paper & Paperboard Trays Market, by Application

9.4.4.6 Rest of Asia Pacific: Paper & Paperboard Trays Market–Revenue and Forecast to 2028 (US$ Mn)

9.4.4.6.1 Rest of Asia Pacific: Paper & Paperboard Trays Market, by Material

9.4.4.6.2 Rest of Asia Pacific: Paper & Paperboard Trays Market, by Application

9.5 Middle East and Africa: Paper & Paperboard Trays Market

9.6 South and Central America: Paper & Paperboard Trays Market

10. Impact of COVID-19 Pandemic on Global Paper and Paperboard Market

10.1 Impact of COVID-19 on Paper and Paperboard Market

10.2 North America: Impact Assessment of COVID-19 Pandemic

10.3 Europe: Impact Assessment of COVID-19 Pandemic

10.4 Asia Pacific: Impact Assessment of COVID-19 Pandemic

10.5 Middle East and Africa: Impact Assessment of COVID-19 Pandemic

10.6 South and Central America: Impact Assessment of COVID-19 Pandemic

11. Industry Landscape

11.1 Overview

11.2 Product Launch

11.3 Mergers & acquisition

11.4 Expansion

11.5 Collaboration

12. Key Company Profiles

12.1 Huhtamaki

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Mondi

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 Pactiv Evergreen Inc.

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 UFP Technologies, Inc.

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 Hartmann

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 International Paper

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 PaperTech

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 SOLUT!

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

12.9 Athena Superpack Private Limited

12.9.1 Key Facts

12.9.2 Business Description

12.9.3 Products and Services

12.9.4 Financial Overview

12.9.5 SWOT Analysis

12.9.6 Key Developments

12.10 Orcon Industries

12.10.1 Key Facts

12.10.2 Business Description

12.10.3 Products and Services

12.10.4 Financial Overview

12.10.5 SWOT Analysis

12.10.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Glossary of Terms

LIST OF TABLES

Table 1. Paper & Paperboard Trays Market –Revenue and Forecast to 2028 (US$ Mn)

Table 2. North America Paper & Paperboard Trays Market, by Material – Revenue and Forecast to 2028 (US$ Mn)

Table 3. North America Paper & Paperboard Trays Market, by Application– Revenue and Forecast to 2028 (US$ Mn)

Table 4. US Paper & Paperboard Trays Market, by Material – Revenue and Forecast to 2028 (US$ Mn)

Table 5. US Paper & Paperboard Trays Market, by Application – Revenue and Forecast to 2028 (US$ Mn)

Table 6. Canada: Paper & Paperboard Trays Market, by Material – Revenue and Forecast to 2028 (US$ Mn)

Table 7. Canada Paper & Paperboard Trays Market, by Application – Revenue and Forecast to 2028 (US$ Mn)

Table 8. Mexico Paper & Paperboard Trays Market, by Material – Revenue and Forecast to 2028 (US$ Mn)

Table 9. Mexico Paper & Paperboard Trays Market, by Application – Revenue and Forecast to 2028 (US$ Mn)

Table 10. Europe Paper & Paperboard Trays Market, by Material – Revenue and Forecast to 2028 (US$ Mn)

Table 11. Europe Paper & Paperboard Trays Market, by Application – Revenue and Forecast to 2028 (US$ Mn)

Table 12. Germany Paper & Paperboard Trays Market, by Material – Revenue and Forecast to 2028 (US$ Mn)

Table 13. Germany Paper & Paperboard Trays Market, by Application – Revenue and Forecast to 2028 (US$ Mn)

Table 14. France Paper & Paperboard Trays Market, by Material – Revenue and Forecast to 2028 (US$ Mn)

Table 15. France Paper & Paperboard Trays Market, by Application – Revenue and Forecast to 2028 (US$ Mn)

Table 16. Italy Paper & Paperboard Trays Market, by Material – Revenue and Forecast to 2028 (US$ Mn)

Table 17. Italy Paper & Paperboard Trays Market, by Application – Revenue and Forecast to 2028 (US$ Mn)

Table 18. United Kingdom Paper & Paperboard Trays Market, by Material – Revenue and Forecast to 2028 (US$ Mn)

Table 19. United Kingdom Paper & Paperboard Trays Market, by Application – Revenue and Forecast to 2028 (US$ Mn)

Table 20. Russia: Paper & Paperboard Trays Market, by Material– Revenue and Forecast to 2028 (US$ Mn)

Table 21. Russia: Paper & Paperboard Trays Market, by Application – Revenue and Forecast to 2028 (US$ Mn)

Table 22. Rest of Europe Paper & Paperboard Trays Market, by Material – Revenue and Forecast to 2028 (US$ Mn)

Table 23. Rest of Europe Paper & Paperboard Trays Market, by Application – Revenue and Forecast to 2028 (US$ Mn)

Table 24. Asia Pacific Paper & Paperboard Trays Market, by Material – Revenue and Forecast to 2028 (US$ Mn)

Table 25. Asia Pacific Paper & Paperboard Trays Market, by Application – Revenue and Forecast to 2028 (US$ Mn)

Table 26. Australia Paper & Paperboard Trays Market, by Material– Revenue and Forecast to 2028 (US$ Mn)

Table 27. Australia Paper & Paperboard Trays Market, by Application – Revenue and Forecast to 2028 (US$ Mn)

Table 28. China Paper & Paperboard Trays Market, by Material – Revenue and Forecast to 2028 (US$ Mn)

Table 29. China Paper & Paperboard Trays Market, by Application – Revenue and Forecast to 2028 (US$ Mn)

Table 30. India Paper & Paperboard Trays Market, by Material – Revenue and Forecast to 2028 (US$ Mn)

Table 31. India Paper & Paperboard Trays Market, by Application – Revenue and Forecast to 2028 (US$ Mn)

Table 32. Japan Paper & Paperboard Trays Market, by Material – Revenue and Forecast to 2028 (US$ Mn)

Table 33. Japan Paper & Paperboard Trays Market, by Application – Revenue and Forecast to 2028 (US$ Mn)

Table 34. South Korea Paper & Paperboard Trays Market, by Material – Revenue and Forecast to 2028 (US$ Mn)

Table 35. South Korea Paper & Paperboard Trays Market, by Application – Revenue and Forecast to 2028 (US$ Mn)

Table 36. Rest of Asia Pacific Paper & Paperboard Trays Market, by Material – Revenue and Forecast to 2028 (US$ Mn)

Table 37. Rest of Asia Pacific Paper & Paperboard Trays Market, by Application – Revenue and Forecast to 2028 (US$ Mn)

Table 56. Glossary of Terms, Global Paper & Paperboard Trays Market

LIST OF FIGURES

Figure 1. Paper & Paperboard Trays Market Segmentation

Figure 2. Paper & Paperboard Trays Market Segmentation – By Geography

Figure 3. Global Paper & Paperboard Trays Market Overview

Figure 4. Food and Beverages Segment Held Largest Share of Global Paper & Paperboard Trays Market

Figure 5. APAC Region Held Largest Share of Global Paper & Paperboard Trays Market

Figure 6. Global Paper & Paperboard Trays Market, Industry Landscape

Figure 7. Paper & Paperboard Trays Market - Porter’s Five Forces Analysis

Figure 8. Paper and Paperboard Trays Market - Ecosystem

Figure 9. Expert Opinion

Figure 10. Paper & Paperboard Trays Market Impact Analysis of Driver and Restraints

Figure 11. Geographic Overview of Paper & Paperboard Trays Market

Figure 12. Paper & Paperboard Trays Market – Revenue and Forecast to 2028 (US$ Mn)

Figure 13. Global Paper and Paperboard Trays Market Share, By Material, 2020 & 2028 (%)

Figure 14. Virgin Fiber: Paper & Paperboard Trays Market- Revenue and Forecasts to 2028 (US$ Mn)

Figure 15. Recycled Fiber: Paper & Paperboard Trays Market- Revenue and Forecasts to 2028 (US$ Mn)

Figure 16. Paper and Paperboard Trays Market Share, By Application, 2020 & 2028 (%)

Figure 17. Food and Beverages: Paper & Paperboard Trays Market- Revenue and Forecasts to 2028 (US$ Mn)

Figure 18. Consumer Electronics: Paper & Paperboard Trays Market- Revenue and Forecasts to 2028 (US$ Mn)

Figure 19. Personal Care and Cosmetics: Paper & Paperboard Trays Market- Revenue and Forecasts to 2028 (US$ Mn)

Figure 20. Healthcare: Paper & Paperboard Trays Market- Revenue and Forecasts to 2028 (US$ Mn)

Figure 21. Others: Paper & Paperboard Trays Market- Revenue and Forecasts to 2028 (US$ Mn)

Figure 22. Global Paper & Paperboard Trays Market Revenue Share, by Region (2020 and 2028)

Figure 23. North America: Paper & Paperboard Trays Market– Revenue and Forecast to 2028 (US$ Mn)

Figure 24. North America: Paper & Paperboard Trays Market Revenue Share, by Material (2020 and 2028)

Figure 25. North America: Paper & Paperboard Trays Market Revenue Share, by Application (2020 and 2028)

Figure 26. North America: Paper & Paperboard Trays Market Revenue Share, by Key Country (2020 and 2028)

Figure 27. US: Paper & Paperboard Trays Market–Revenue and Forecast to 2028 (US$ Mn)

Figure 28. Canada: Paper & Paperboard Trays Market–Revenue and Forecast to 2028 (US$ Mn)

Figure 29. Mexico: Paper & Paperboard Trays Market–Revenue and Forecast to 2028 (US$ Mn)

Figure 30. Europe: Paper & Paperboard Trays Market– Revenue and Forecast to 2028 (US$ Mn)

Figure 31. Europe: Paper & Paperboard Trays Market Revenue Share, by Material (2020 and 2028)

Figure 32. Europe: Paper & Paperboard Trays Market Revenue Share, by Application (2020 and 2028)

Figure 33. Europe: Paper & Paperboard Trays Market Revenue Share, by Key Country (2020 and 2028)

Figure 34. Germany: Paper & Paperboard Trays Market–Revenue and Forecast to 2028 (US$ Mn)

Figure 35. France: Paper & Paperboard Trays Market–Revenue and Forecast to 2028 (US$ Mn)

Figure 36. Italy: Paper & Paperboard Trays Market–Revenue and Forecast to 2028 (US$ Mn)

Figure 37. United Kingdom: Paper & Paperboard Trays Market–Revenue and Forecast to 2028 (US$ Mn)

Figure 38. Russia: Paper & Paperboard Trays Market–Revenue and Forecast to 2028 (US$ Mn)

Figure 39. Rest of Europe: Paper & Paperboard Trays Market–Revenue and Forecast to 2028 (US$ Mn)

Figure 40. Asia Pacific: Paper & Paperboard Trays Market– Revenue and Forecast to 2028 (US$ Mn)

Figure 41. Asia Pacific: Paper & Paperboard Trays Market Revenue Share, by Material (2020 and 2028)

Figure 42. Asia Pacific: Paper & Paperboard Trays Market Revenue Share, by Application (2020 and 2028)

Figure 43. Asia Pacific: Paper & Paperboard Trays Market Revenue Share, by Key Country (2020 and 2028)

Figure 44. Australia: Paper & Paperboard Trays Market–Revenue and Forecast to 2028 (US$ Mn)

Figure 45. China: Paper & Paperboard Trays Market–Revenue and Forecast to 2028 (US$ Mn)

Figure 46. India: Paper & Paperboard Trays Market–Revenue and Forecast to 2028 (US$ Mn)

Figure 47. Japan: Paper & Paperboard Trays Market–Revenue and Forecast to 2028 (US$ Mn)

Figure 48. South Korea: Paper & Paperboard Trays Market–Revenue and Forecast to 2028 (US$ Mn)

Figure 49. Rest of Asia Pacific: Paper & Paperboard Trays Market–Revenue and Forecast to 2028 (US$ Mn)

Figure 65. Impact of COVID-19 Pandemic in North America

Figure 66. Impact of COVID-19 Pandemic in Europe

Figure 67. Impact of COVID-19 Pandemic in Asia Pacific

Figure 68. Impact of COVID-19 Pandemic in Middle East and Africa

Figure 69. Impact of COVID-19 Pandemic in South and Central America

The List of Companies - Paper and Paperboard Trays Market

  1. Huhtamaki
  2. Mondi
  3. Pactiv Evergreen Inc.
  4. UFP Technologies, Inc.
  5. Hartmann
  6. Orcon Industries
  7. International Paper
  8. Athena Superpack Private Limited
  9. PaperTech
  10. SOLUT!

 

  • Highlights key business priorities to assist companies realign their business strategies.

  • Features key findings and crucial progressive industry trends in the global paper and paperboard trays market, thereby allowing players to develop effective long-term strategies.

  • Develops/modifies business expansion plans by using substantial growth offering from developed and emerging markets.

  • Scrutinizes in-depth market trends as well as key market drivers and restraints.

  • Enhances the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.
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Frequently Asked Questions

The major players operating in the global paperboard trays market are Huhtamaki, Mondi, UFP Technologies, Pactiv LLC, Hartmann, Orcon Industries Corporation, International Paper, Arthena Superpack Private Limited, Papertech, and Solut among many others.

Paper and paperboard trays are used in a wide array of industries ranging from food and beverages, consumer goods, healthcare and many others. They play a vital role in sustainable packaging and with the growing interest in shifting away from single-use plastic, paper based packaging solutions have been witnessing significant demand. Based, on material, the paperboard trays market is virgin fiber and recycled fiber. Based on application, the global paperboard trays market is segmented into food and beverages, consumer electronics, personal care and cosmetics, healthcare, and others.

Virgin fiber accounted for the largest share of the paper and paperboard trays market. Paper can only be recycled up to 5-6 times. Hence, a steady supply of virgin fiber is necessary to meet the growing demand for paper based packaging. However, recycling benefits and incentives provided by the regulatory authorities have increased the penetration of recycled fiber in the paper and paperboard trays market.

Paper and paperboard trays have been widely used for packaging food products such as eggs, fresh fruits and vegetables, and salad, among others. These trays provide a cushioning effect to the delicate surface of these products and ensure their safety during transportation. Paper and paperboard trays ensure proper ventilation inside the package which keeps the food products fresh.

Rapidly growing packaging industry, food retail and foodservice sector, and rising consumer awareness about sustainable packaging solutions across the region have significantly contributed to the growth of the paper and paperboard trays market in Asia Pacific. Improving lifestyles and tourism sector in the region has also aided the growth of the retail food sector in the region. Such factors have propelled the demand for paperboard trays in Asia Pacific.

The demand for paper and paperboard trays for consumer electronics have been witnessing significant growth over the years. It is expected to be one of the fastest growing application segments of the global paper and paperboard trays market. These products are delicate and are susceptible to damage caused by heavy impacts during transportation. Paper and paperboard trays ensure safety of the electronic gadgets and prevent damages caused by heavy impacts and mishandling of the goods in transit.

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