Foam Trays Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Foam Trays Market covers analysis by Material (Polyethylene, Polypropylene, Polyester, Polystyrene, Others ); Application (Pharmaceuticals, Food Packaging, Industrial Packaging, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

Publication Month : Mar 2024

  • Report Code : TIPRE00006399
  • Category : Chemicals and Materials
  • Status : Upcoming
  • No. of Pages : 150
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MARKET INTRODUCTION

Foam trays are widely popular in the packaging industry due to their highly functional design and the varied sizes that are beneficial for many types of products packaging. The foam trays are disposable that help in preventing cross-contamination. The foam trays are gaining increasing popularity due to the factor that they are compatible with auto wrapping equipment that helps ensure the freshness of the product.

MARKET DYNAMICS

The foam trays market is assumed to grow in the forecast owing to the convenient usage and low cost of the foam trays coupled with increasing food safety issues. However, the environmental problems of plastic being non-degradable might restrict the growth of the foam trays market. On the other hand, the increasing demand for small-sized and single-serving packs are likely to showcase growth opportunities for the Foam trays market during the forecast period.

MARKET SCOPE

The "Global Foam Trays Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of Foam trays market with detailed market segmentation by material, application, and geography. The global Foam trays market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Foam trays market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global Foam trays market is segmented on the basis of material, and application. Based on material, the market is segmented as polyethylene, polypropylene, polyester, polystyrene, and others. On the basis of applications, the market is segmented as pharmaceutical packaging, food packaging, industrial packaging and others.


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REGIONAL FRAMEWORK


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Foam trays market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Foam trays market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting Foam trays market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the Foam trays market in these regions.

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MARKET PLAYERS


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Foam trays market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Foam trays market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting Foam trays market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the Foam trays market in these regions.

MARKET PLAYERS

The reports cover key developments in the Foam trays market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from Foam trays market are anticipated to lucrative growth opportunities in the future with the rising demand for Foam trays in the global market. Below mentioned is the list of few companies engaged in the Foam trays market.

The report also includes the profiles of key Foam trays companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.

  •  Cascades Inc.
  •  D & W Fine Pack LLC
  •  Dart Container Corporation
  •  Dow Chenical Company
  •  Ecopax, Inc
  •  Falcon Pack
  •  Genpak, LLC
  •  NOVIPAX
  •  Sirap Group
  •  Tekni-Plex

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
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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.

TABLE OF CONTENTS

1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Foam Trays Market - By Material
1.3.2Foam Trays Market - By Application
1.3.3Foam Trays Market - By Region
1.3.3.1By Country

2.KEY TAKEWAYS

3.RESEARCH METHODOLOGY

4.FOAM TRAYS MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PEST ANALYSIS
4.2.1North America - Pest Analysis
4.2.2Europe - Pest Analysis
4.2.3Asia-Pacific - Pest Analysis
4.2.4Middle East and Africa - Pest Analysis
4.2.5South and Central America - Pest Analysis
4.3.EXPERT OPINIONS

5.FOAM TRAYS MARKET - KEY MARKET DYNAMICS
5.1.KEY MARKET DRIVERS
5.2.KEY MARKET RESTRAINTS
5.3.KEY MARKET OPPORTUNITIES
5.4.FUTURE TRENDS
5.5.IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC

6.FOAM TRAYS MARKET - GLOBAL MARKET ANALYSIS
6.1.FOAM TRAYS - GLOBAL MARKET OVERVIEW
6.2.FOAM TRAYS - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING/MARKET SHARE

7.FOAM TRAYS MARKET - REVENUE AND FORECASTS TO 2028 - MATERIAL
7.1.OVERVIEW
7.2.MATERIAL MARKET FORECASTS AND ANALYSIS
7.3.POLYETHYLENE
7.3.1.Overview
7.3.2.Polyethylene Market Forecast and Analysis
7.4.POLYPROPYLENE
7.4.1.Overview
7.4.2.Polypropylene Market Forecast and Analysis
7.5.POLYESTER
7.5.1.Overview
7.5.2.Polyester Market Forecast and Analysis
7.6.POLYSTYRENE
7.6.1.Overview
7.6.2.Polystyrene Market Forecast and Analysis
7.7.OTHERS
7.7.1.Overview
7.7.2.Others Market Forecast and Analysis
8.FOAM TRAYS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1.OVERVIEW
8.2.APPLICATION MARKET FORECASTS AND ANALYSIS
8.3.PHARMACEUTICALS
8.3.1.Overview
8.3.2.Pharmaceuticals Market Forecast and Analysis
8.4.FOOD PACKAGING
8.4.1.Overview
8.4.2.Food Packaging Market Forecast and Analysis
8.5.INDUSTRIAL PACKAGING
8.5.1.Overview
8.5.2.Industrial Packaging Market Forecast and Analysis
8.6.OTHERS
8.6.1.Overview
8.6.2.Others Market Forecast and Analysis

9.FOAM TRAYS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1.NORTH AMERICA
9.1.1North America Foam Trays Market Overview
9.1.2North America Foam Trays Market Forecasts and Analysis
9.1.3North America Foam Trays Market Forecasts and Analysis - By Material
9.1.4North America Foam Trays Market Forecasts and Analysis - By Application
9.1.5North America Foam Trays Market Forecasts and Analysis - By Countries
9.1.5.1Canada Foam Trays Market
9.1.5.1.1Canada Foam Trays Market by Material
9.1.5.1.2Canada Foam Trays Market by Application
9.1.5.2Mexico Foam Trays Market
9.1.5.2.1Mexico Foam Trays Market by Material
9.1.5.2.2Mexico Foam Trays Market by Application
9.1.5.3US Foam Trays Market
9.1.5.3.1US Foam Trays Market by Material
9.1.5.3.2US Foam Trays Market by Application
9.2.EUROPE
9.2.1Europe Foam Trays Market Overview
9.2.2Europe Foam Trays Market Forecasts and Analysis
9.2.3Europe Foam Trays Market Forecasts and Analysis - By Material
9.2.4Europe Foam Trays Market Forecasts and Analysis - By Application
9.2.5Europe Foam Trays Market Forecasts and Analysis - By Countries
9.2.5.1Germany Foam Trays Market
9.2.5.1.1Germany Foam Trays Market by Material
9.2.5.1.2Germany Foam Trays Market by Application
9.2.5.2France Foam Trays Market
9.2.5.2.1France Foam Trays Market by Material
9.2.5.2.2France Foam Trays Market by Application
9.2.5.3Italy Foam Trays Market
9.2.5.3.1Italy Foam Trays Market by Material
9.2.5.3.2Italy Foam Trays Market by Application
9.2.5.4United Kingdom Foam Trays Market
9.2.5.4.1United Kingdom Foam Trays Market by Material
9.2.5.4.2United Kingdom Foam Trays Market by Application
9.2.5.5Russia Foam Trays Market
9.2.5.5.1Russia Foam Trays Market by Material
9.2.5.5.2Russia Foam Trays Market by Application
9.2.5.6Rest of Europe Foam Trays Market
9.2.5.6.1Rest of Europe Foam Trays Market by Material
9.2.5.6.2Rest of Europe Foam Trays Market by Application
9.3.ASIA-PACIFIC
9.3.1Asia-Pacific Foam Trays Market Overview
9.3.2Asia-Pacific Foam Trays Market Forecasts and Analysis
9.3.3Asia-Pacific Foam Trays Market Forecasts and Analysis - By Material
9.3.4Asia-Pacific Foam Trays Market Forecasts and Analysis - By Application
9.3.5Asia-Pacific Foam Trays Market Forecasts and Analysis - By Countries
9.3.5.1Australia Foam Trays Market
9.3.5.1.1Australia Foam Trays Market by Material
9.3.5.1.2Australia Foam Trays Market by Application
9.3.5.2China Foam Trays Market
9.3.5.2.1China Foam Trays Market by Material
9.3.5.2.2China Foam Trays Market by Application
9.3.5.3India Foam Trays Market
9.3.5.3.1India Foam Trays Market by Material
9.3.5.3.2India Foam Trays Market by Application
9.3.5.4Japan Foam Trays Market
9.3.5.4.1Japan Foam Trays Market by Material
9.3.5.4.2Japan Foam Trays Market by Application
9.3.5.5South Korea Foam Trays Market
9.3.5.5.1South Korea Foam Trays Market by Material
9.3.5.5.2South Korea Foam Trays Market by Application
9.3.5.6Rest of Asia-Pacific Foam Trays Market
9.3.5.6.1Rest of Asia-Pacific Foam Trays Market by Material
9.3.5.6.2Rest of Asia-Pacific Foam Trays Market by Application
9.4.MIDDLE EAST AND AFRICA
9.4.1Middle East and Africa Foam Trays Market Overview
9.4.2Middle East and Africa Foam Trays Market Forecasts and Analysis
9.4.3Middle East and Africa Foam Trays Market Forecasts and Analysis - By Material
9.4.4Middle East and Africa Foam Trays Market Forecasts and Analysis - By Application
9.4.5Middle East and Africa Foam Trays Market Forecasts and Analysis - By Countries
9.4.5.1South Africa Foam Trays Market
9.4.5.1.1South Africa Foam Trays Market by Material
9.4.5.1.2South Africa Foam Trays Market by Application
9.4.5.2Saudi Arabia Foam Trays Market
9.4.5.2.1Saudi Arabia Foam Trays Market by Material
9.4.5.2.2Saudi Arabia Foam Trays Market by Application
9.4.5.3U.A.E Foam Trays Market
9.4.5.3.1U.A.E Foam Trays Market by Material
9.4.5.3.2U.A.E Foam Trays Market by Application
9.4.5.4Rest of Middle East and Africa Foam Trays Market
9.4.5.4.1Rest of Middle East and Africa Foam Trays Market by Material
9.4.5.4.2Rest of Middle East and Africa Foam Trays Market by Application
9.5.SOUTH AND CENTRAL AMERICA
9.5.1South and Central America Foam Trays Market Overview
9.5.2South and Central America Foam Trays Market Forecasts and Analysis
9.5.3South and Central America Foam Trays Market Forecasts and Analysis - By Material
9.5.4South and Central America Foam Trays Market Forecasts and Analysis - By Application
9.5.5South and Central America Foam Trays Market Forecasts and Analysis - By Countries
9.5.5.1Brazil Foam Trays Market
9.5.5.1.1Brazil Foam Trays Market by Material
9.5.5.1.2Brazil Foam Trays Market by Application
9.5.5.2Argentina Foam Trays Market
9.5.5.2.1Argentina Foam Trays Market by Material
9.5.5.2.2Argentina Foam Trays Market by Application
9.5.5.3Rest of South and Central America Foam Trays Market
9.5.5.3.1Rest of South and Central America Foam Trays Market by Material
9.5.5.3.2Rest of South and Central America Foam Trays Market by Application

10.INDUSTRY LANDSCAPE
10.1.MERGERS AND ACQUISITIONS
10.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3.NEW PRODUCT LAUNCHES
10.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

11.FOAM TRAYS MARKET, KEY COMPANY PROFILES
11.1.CASCADES INC.
11.1.1.Key Facts
11.1.2.Business Description
11.1.3.Products and Services
11.1.4.Financial Overview
11.1.5.SWOT Analysis
11.1.6.Key Developments
11.2.D AND W FINE PACK LLC
11.2.1.Key Facts
11.2.2.Business Description
11.2.3.Products and Services
11.2.4.Financial Overview
11.2.5.SWOT Analysis
11.2.6.Key Developments
11.3.DART CONTAINER CORPORATION
11.3.1.Key Facts
11.3.2.Business Description
11.3.3.Products and Services
11.3.4.Financial Overview
11.3.5.SWOT Analysis
11.3.6.Key Developments
11.4.DOW CHEMICAL COMPANY
11.4.1.Key Facts
11.4.2.Business Description
11.4.3.Products and Services
11.4.4.Financial Overview
11.4.5.SWOT Analysis
11.4.6.Key Developments
11.5.ECOPAX, INC
11.5.1.Key Facts
11.5.2.Business Description
11.5.3.Products and Services
11.5.4.Financial Overview
11.5.5.SWOT Analysis
11.5.6.Key Developments
11.6.FALCON PACK
11.6.1.Key Facts
11.6.2.Business Description
11.6.3.Products and Services
11.6.4.Financial Overview
11.6.5.SWOT Analysis
11.6.6.Key Developments
11.7.GENPAK, LLC
11.7.1.Key Facts
11.7.2.Business Description
11.7.3.Products and Services
11.7.4.Financial Overview
11.7.5.SWOT Analysis
11.7.6.Key Developments
11.8.NOVIPAX
11.8.1.Key Facts
11.8.2.Business Description
11.8.3.Products and Services
11.8.4.Financial Overview
11.8.5.SWOT Analysis
11.8.6.Key Developments
11.9.SIRAP GROUP
11.9.1.Key Facts
11.9.2.Business Description
11.9.3.Products and Services
11.9.4.Financial Overview
11.9.5.SWOT Analysis
11.9.6.Key Developments
11.10.TEKNI-PLEX
11.10.1.Key Facts
11.10.2.Business Description
11.10.3.Products and Services
11.10.4.Financial Overview
11.10.5.SWOT Analysis
11.10.6.Key Developments

12.APPENDIX
12.1.ABOUT THE INSIGHT PARTNERS
12.2.GLOSSARY OF TERMS
The List of Companies

1. Cascades Inc.
2. D and W Fine Pack LLC
3. Dart Container Corporation
4. Dow Chemical Company
5. Ecopax, Inc
6. Falcon Pack
7. Genpak, LLC
8. NOVIPAX
9. Sirap Group
10. Tekni-Plex

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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