Global Foam Trays Market Outlook, Trend, Growth and Share Estimation Analysis 2024

1. Foam Trays Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2027 ©2019 Transparency Market Research, All Rights Reserved

2. About Us Transparency Market Research (TMR) is a market intelligence company, providing North America business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision-makers. We have an experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Each TMR Syndicated Research report covers a different sector—such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods, and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With a wider scope and stratified research methodology, our syndicated reports strive to serve clients and satisfy their overall research requirement.

3. Foam trays are primarily used in food packaging applications. They help prevent liquids from leaking in packaged food and beverages. • Foam trays are ideal for usage for fruits, vegetables, meat, and poultry. These trays are usually made from polystyrene, which is a highly compact foam. • Foam trays are available in various shape and sizes. These trays are also employed in various other applications such as food service, meat packaging, test tube holders, and small tools packaging. • Low cost and convenient usage of foam trays are driving the demand for these trays in various applications in food packaging industry verticals. • Foam trays protect the food from chemical, biological, and physical hazards.  Foam Trays Market - Snapshot View Report Download Brochure ©2019 Transparency Market Research, All Rights Reserved

4. Players Consolidating their Geographical Footprints by Expanding Product Lines • Advent of new automated equipment has helped players develop inexpensive products. • Proliferating use of foam trays in the packaging of myriad food items as is evident in supermarkets, and the trend has caught traction in emerging economies, most notably in countries of Asia Pacific. • Countries at the forefront on the lucrative growth avenues are China, India, and Japan. • On the other hand, developed market of North America has seen surge in investments in food packaging, where foam trays have witnessed a marked degree of commercialization. • The region has been attractive for globally prominent food packaging companies in the foam trays market and will likely remain so in the next few years.

5. Focus on Biodegradability Pave Way to New Revenue Streams Prominently, efforts are ongoing to reduce the environmental footprint of foam trays. Of note, most products in the market have abysmally low biodegradable quotient—a key aspect that is now becoming a telling concern for consumers, world over. This has also been a key restraining factor for the foam trays market for some time now. Hence, a large numbers of industry efforts are ongoing to adopt biodegradable and environmentally friendly packaging materials to meet the changing needs in end-use industry. Challenge now is to make them inexpensive as well to bolster new opportunities in the foam trays market. Stridently, this will pave way for product innovations in the foam trays market.  ©2019 Transparency Market Research, All Rights Reserved

6. Key players operating in the global foam trays market include   Tekni-Plex ‘SirapGemaS.p.a., Placon NOVIPAX, Cascades Inc. Dart Container Corporation Ecopax LLC, Genpak LLC, D&W Fine Pack LLC COVERIS, PROTECH ©2019 Transparency Market Research, All Rights Reserved

7. To know more about us, please visit our website: www.transparencymarketresearch.com For sales queries or new topics email us on: sales@transparencymarketresearch.com For other queries contact:Nachiket Ghumare (Senior Business Development Manager) 90 State Street, Albany NY – 12207, United States Tel: +1-518-618-1030 Email: nachiket@transparencymarketresearch.com T H A N K Y O U