Global Food Packaging Foam Tray Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Global Food Packaging Foam Tray Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

According to our (Global Info Research) latest study, the global Food Packaging Foam Tray market size was valued at USD million in 2022 and is forecast to a readjusted size of USD million by 2029 with a CAGR of % during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The Food Packaging Foam Tray market has experienced steady growth over recent years due to several factors driving demand and innovation:

1. Increasing Global Demand for Convenience Food: As people become busier, there is an increasing preference for ready-to-eat meals and grab-and-go snacks. Packaged convenience food requires suitable storage and transport solutions, fueling demand for foam trays that protect delicate items during transit while providing ease of use upon arrival.

2. Rising Popularity of Online Grocery Shopping: With the rise of online grocery platforms, the need for secure and convenient delivery systems becomes crucial. Food packaging foam trays are ideal for protecting perishable goods during shipment, ensuring customers receive their orders in top condition.

3. Focus on Sustainability: Brands face growing pressure to develop environmentally friendly options, leading to investments in biobased, degradable, or recyclable foam formulations. Innovative technologies such as Earthfirst® Bioplastic LLC's biodegradable foam resins showcase advancements in sustainable foam solutions.

4. Development of Smart Packaging Solutions: Active and intelligent packaging technologies continue to evolve, offering benefits like extended shelf lives, detection of spoilage or tampering, or integration with traceability systems. Companies explore incorporating advanced functions within existing foam structures.

5. Shift towards Healthier Diets: Growing awareness of healthier lifestyles drives changes in consumer preferences toward fresher ingredients and simpler recipes. This creates opportunities for creative packaging solutions that preserve flavors, textures, and nutrients, emphasizing taste and convenience without excessive additives or preservatives.

6. Diversification of Product Offerings: Consumer demands for novelty and variety in food choices lead to increased diversification across food categories. Unique shapes, cutouts, and compartments in foam trays facilitate presenting individual portions, portion control, or combinations of complementary ingre

Food packaging foam trays play a vital role in the handling and distribution of prepared meals, bakery products, fruits, vegetables, meat, dairy, and other perishable items. They offer excellent cushioning capabilities, space efficiency, insulation, and stackability, which make them well suited for logistics applications.

This report is a detailed and comprehensive analysis for global Food Packaging Foam Tray market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:

Global Food Packaging Foam Tray market size and forecasts, in consumption value ($ Million), sales quantity (M Units), and average selling prices (US$/K Units), 2018-2029

Global Food Packaging Foam Tray market size and forecasts by region and country, in consumption value ($ Million), sales quantity (M Units), and average selling prices (US$/K Units), 2018-2029

Global Food Packaging Foam Tray market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (M Units), and average selling prices (US$/K Units), 2018-2029

Global Food Packaging Foam Tray market shares of main players, shipments in revenue ($ Million), sales quantity (M Units), and ASP (US$/K Units), 2018-2023

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Food Packaging Foam Tray

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Food Packaging Foam Tray market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Winpak, Novipax, Pactiv, Groupe Guillin and Anchor Packaging, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market Segmentation

Food Packaging Foam Tray market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Polystyrene Foam Tray
Polyethylene Foam Tray
Polypropylene Foam Tray

Market segment by Application
Meat
Seafood
Agricultural Products
Others

Major players covered
Winpak
Novipax
Pactiv
Groupe Guillin
Anchor Packaging
Coopbox Group
Coveris
Dart Container
D&W Fine Pack
Ecopax
Genpak
Placon
Sirap Group
Cascades
ProAmpac
Atlas Holdings
Npxone

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Food Packaging Foam Tray product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Food Packaging Foam Tray, with price, sales, revenue and global market share of Food Packaging Foam Tray from 2018 to 2023.

Chapter 3, the Food Packaging Foam Tray competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Food Packaging Foam Tray breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Food Packaging Foam Tray market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.

Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.

Chapter 13, the key raw materials and key suppliers, and industry chain of Food Packaging Foam Tray.

Chapter 14 and 15, to describe Food Packaging Foam Tray sales channel, distributors, customers, research findings and conclusion.