Global Aluminum Trays Market Growth 2023-2029

Global Aluminum Trays Market Growth 2023-2029

Aluminum is one of the most versatile packaging materials available. Aluminum trays find applications in the food industry, especially for meat, bakery, produce and other departments. Aluminum trays offer a sturdy shelving space for storage place for articles, and also are one of the most successful means for serving food. Aluminum trays are also used for household purposes. Aluminum trays are available in a variety of sizes and shapes, and therefore are customizable in nature. One of the essential features of aluminum trays is their availability in a disposable version. Some varieties of aluminum trays are durable and do not get cracked, chipped or dented, if used cautiously. 

LPI (LP Information)' newest research report, the “Aluminum Trays Industry Forecast” looks at past sales and reviews total world Aluminum Trays sales in 2022, providing a comprehensive analysis by region and market sector of projected Aluminum Trays sales for 2023 through 2029. With Aluminum Trays sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Aluminum Trays industry.

This Insight Report provides a comprehensive analysis of the global Aluminum Trays landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Aluminum Trays portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Aluminum Trays market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Aluminum Trays and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Aluminum Trays.

The global Aluminum Trays market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

The global aluminum tray market enjoys high penetration in the market due to convenience in carrying.  Aluminum trays are also used as a substitute for a bowl or a plate and are fire resistant. Latest trends in the global aluminum tray market include applications as a decorative product. The rise of e-retail platform and emergence of online food service has significantly facilitated growth of the global aluminum trays market. High demand for aluminum trays in the healthcare industry is also expected to boost the global aluminum trays market. Sterilized aluminum trays are used for storing or holding medical instruments. Growth of the global aluminum trays market is also expected to be boosted by growth of the global aluminum foil packaging market.  Aluminum trays do not pose any environmental challenges at the time of disposal unlike plastic trays, which are their main competitor in the food service sector.  Aluminum trays are expected to enjoy high preference among consumers and food service providers alike, owing to their light weight. However, there are certain factors that might hamper growth of the global aluminum trays market. These include, the landfill problem. Standard aluminum trays get accumulated in landfills. In addition, recyclability of aluminum is subject to the condition that the aluminum foil used as a laminate on the tray, is clean. Dirty foil is not accepted by recycle centers and is left for the landfills, further increasing the problem.  

This report presents a comprehensive overview, market shares, and growth opportunities of Aluminum Trays market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Disposable Aluminum Trays
Standard Aluminum Trays
Aluminum Sterilized Trays

Segmentation by application
Medical
Food and Beverages
Automotive

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Envases Del Plata
Formacia
Durable Packaging
Nicholl Food Packaging
Artekno Oy
Wyda Packaging (Pty)
Alufoil Products
Confoil

Key Questions Addressed in this Report

What is the 10-year outlook for the global Aluminum Trays market?

What factors are driving Aluminum Trays market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Aluminum Trays market opportunities vary by end market size?

How does Aluminum Trays break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.