Global market for produce packaging trays is anticipated to grow at a CAGR of 4.5%. The market for produce packaging trays is currently worth US$ 3 billion and is anticipated to grow to US$ 4.7 billion by 2033.
Produce packaging refers to a range of packaging components used and put together to bundle, pack, or label fresh produce. These components include corrugated boxes, plastic containers, film lidding and laminates, bags and pouches, and trays. Fresh produce can benefit from produce packaging in a number of ways, including reduced food waste, physical damage protection, prolonged shelf life, labelling and marketing opportunities, and contamination control.
For more insights into the Market, Request a Sample of this Report:
https://www.factmr.com/connectus/sample?flag=S&rep_id=8203?SP
The readability score of the Produce Packaging Trays Demand report is good as it offers chapter-wise layout with each section divided into a smaller sections.
The report encompasses graphs and tables to show the entire assembling. Pictorial demonstration of the definite and estimated values of key segments is visually appealing to readers.
This Produce Packaging Trays outlook report explicates on vital dynamics such as the drivers, restraints and opportunities for key players and competitive analysis of Silage Covers along with key stakeholders as well as emerging players associated with the manufacturing of product.
Competitive Landscape:
The market for produce packaging trays is highly fragmented and competitive, with various local and regional competitors. Marketing tactics used by key companies include mergers and acquisitions, expansions, collaborations, and partnerships.
- Kari-Out Company invested approximately $10 million in sustainable paper packaging in April 2022. The company intends to use this to expand its production capacity at its Specialty Quality Packaging (SQP) facility in New York. Kari-Out makes paper food trays, eco boxes, and a variety of other paper-based items. This effort by the company is expected to meet the rising consumer demand for food paper trays.
- In April 2022, Mondi Group, a multinational firm in packaging and paper, introduced a line of fit-for-purpose packaging solutions branded Grow&Go for protecting and shipping fresh produce. The Grow&Go line provides logistical benefits such as space savings provided by palletized flat corrugated packing. All packaging solutions are properly stackable and strong enough to prevent damage and waste during assembly and filling. These are available for a variety of applications, including big bulk shipments, light fruit and vegetable assortments for on-shelf display, and many others. The entire Grow&Go portfolio is composed completely of paper and meets food contact regulations.
- Printpack announced the debut of their preserve range of breathable laminated film for fresh produce in August 2021, which has been pre-qualified by the How2Recycle group.
- In June 2021, WestRock Company, a leading manufacturer of specialized paper and packaging solutions, announced the extension of its produce packaging and the launch of the EverGrow Collection. This new line is constructed from sustainably sourced wood fiber, which is recyclable and contributes to the company’s goal of reducing waste and developing a 100% recyclable, reusable, and compostable product range.
Key Segments of Produce Packaging Trays Industry Research:
· By Type :
- Cardboard Trays
- Plastic Trays
· By Application :
- Fruits and Vegetables
- Seafood
- Poultry Products
- Others
· By End Use :
- Growers/Shippers
- Repackers
- Retail Stores
· By Region :
- North America
- Latin America
- Europe
- APAC
- MEA
For in-depth competitive analysis, Buy Now:
https://www.factmr.com/checkout/8203
Questionnaire answered in the Market outlook Report of Produce Packaging Trays include:
- What is the key strategy deployed by large players to maximize Produce Packaging Trays growth?
- What are the main challenges faced by players in the Produce Packaging Trays Demand?
- With the advent of technological advancement, how will the Produce Packaging Trays landscape change over the forecast period?
- What does player bring to the table which is unique as a strategy, and is easy to emulate for new investors in the Produce Packaging Trays size?
How will be insights and market estimations provided in the Fact.MR report on the Demand Produce Packaging Trays make a difference?
- The study takes a closer look at the major economic turmoil, with a focus on the recent COVID-19 pandemic disruptions
- The assessment of key growth dynamics highlights the attractiveness of new automation technologies and offers readers insight on the prospect of these during the forecast period
- The study tries to offer a balance perspective of the opportunities in mature and the most lackluster markets
- Provides scrutiny of the industry trends that have shaped recent government policies
- Provides an account of major breakthroughs in all segments that might change the course of the market considerably
- Analyzes how collaborations and partnerships among players from different industries shape the key growth dynamics in the near future
- Evaluates the role of various stages of funding on new growth avenues in key regional markets
Contact:
US Sales Office :
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com