The latest update of “Global Foam Trays Market” released by Stratagem Market Insights, forecasts further growth in the global supply and demand. The market report builds upon our previous iteration and the new release reinforces the sentiment that the 2021-2028 period is expected to be a promising period for the global Foam Trays Market.
Overview of the Foam Trays Market:
Food packaging companies are trying to go green with foam trays, which are disposable food containers made from polystyrene. These trays are used to store frozen foods. They are a good alternative to plastic utensils and bags, which have a long shelf life in landfills. Consumers should also know that these reusable wares reduce the risk of cross-contamination by reducing the risk of contact with raw meat. Many manufacturers now use recycled plastic to produce their trays. Heavy-weight foam trays are made of polyurethane or EPE and are designed to provide extra strength and rigidity. They can be used in many applications, including poultry and meat processing. They can be easily machined and are compatible with auto-wrapping equipment.
Drivers:
High adoption across the food and beverage (F&B) sector to cater to the growing demand for packaged and convenience food is expected to augment the growth of the global foam trays market throughout the forecast period. Moreover, wider acceptance across the pharmaceutical sector to preserve drugs for a longer period of time is expected to further cushion the growth of the global foam trays market over the forecast period. For instance, in March 2021, Ecovative Design, a foam packaging specialist, received funding of US$ 60 million to boost its production capabilities.
Restraints:
The imposition of stringent environmental regulations over the use of non-degradable single-use plastics is expected to limit the global foam trays market's growth.
Regional Insights:
In terms of geography, North America holds a commanding position in the global foam trays market, owing to the high consumption of these trays in the U.S. amidst the growing prominence of packaged food.
Another notable region is Asia Pacific, which is performing well in the global foam trays market due to increasing adoption across online food delivery services and low manufacturing costs of foam trays.
Competitive Landscape:
- Major companies contributing to the global foam trays market include Anchor Packaging Inc., CKF Inc., and Cascades Inc.
- In December 2021, the City of Richmond resumed the recycling of Styrofoam trays, which had been paused since the November floods.
Market Estimation:
The data processed and validated in secondary and primary research is analyzed to compute market estimation statistics. It involves market breakdown, bottom-up, and top-down research. Our research team considers macroeconomic factors to forecast a comprehensive statistical time series. Each data point is validated through the process data triangulation method to derive the final market estimation.
COVID-19 Impact:
The updated report, free extract available, comes with an option to access premium features that covers extensive past, current, and future data. Other valuable updates to the global Foam Trays Market report include a reviewed and refined pricing model for manufacturing and launch prices. The report incorporates new content to help give decision-makers key knowledge about the market and offers up-to-date forecasts accounting for the economic situation and impact of COVID-19.
Market Competition Assessment:
The Foam Trays Market is observed as the most diversified and competitive market comprising a large number of players. The market is dominated by several players, depending on their major competencies. The key players in this market are
- Anchor Packaging Inc.
- Cascades Inc.
- CKF Inc.
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2028. For the purpose of this study, Stratagem Market Insights has segmented the global Foam Trays Market report on the basis of Types, Applications, and Regions.
By Product Type, the market is primarily segmented into:
- Polyethylene
- Polypropylene
- Polyester
- Polystyrene
- Others (including Conductive Foams, Polyurethane Foams, and Foam Fluoride Trays)
By Applications, the market is segmented into:
- Pharmaceuticals
- Industrial Packaging
- Food Packaging
- Others (including Electrical & Electronics and Cosmetics)
The report covers the following Regions:
- North America
- Latin America
- Europe
- Asia Pacific
- Africa
- Middle East
Primary Research Insights:
The process of primary research starts with the verification and validation of every detail obtained in secondary research. This is done with the help of industry experts and in-house analysts who check the authentication of the data. Stratagem Market Insights also ensures that our research is not restricted by certain boundaries, which is why we consult each individual in the value chain including raw materials suppliers, local vendors, wholesale dealers, distributors, etc. We also make sure that every detail provided in the document will hold a certain value and it will not be trivial information. Moreover, current market trends, growth opportunities, drivers, and restraints are computed in primary research only.
The Report Sheds Light on Various Aspects of the Market, Some of the important ones are:
- What can be the best investment choices for venturing into new product and service lines?
- Which regions might see the demand maturing in certain segments in near future?
- Which government regulations might challenge the status of key regional markets?
- What are some of the value-grab opportunities in various segments?
- What will be the barrier to entry for new players in the market?
Why You Should Buy This Report:
- The report provides an all-inclusive environment of the analysis for the market
- In-depth secondary research and primary interviews
- Impact of various social, political, and economic factors
- Porter’s Five Forces Analysis
- Competitive Landscape
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into a specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Foam Trays Market Revenue
1.4 Market Analysis by Type
1.5 Market by Application
1.5.1 Global Foam Trays Market Share by Application: 2021 VS 2028
1.6 Coronavirus Disease 2019 (Covid-19) Impact: Foam Trays Market
1.6.1 How the Covid-19 is Affecting the Foam Trays Market
1.6.1.1 Foam Trays Market Business Impact Assessment - Covid-19
1.6.2 Market Trends and Foam Trays Market Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered
2 Global Growth Trends by Regions
2.1 Foam Trays Market Perspective (2015-2028)
2.2 Foam Trays Market Growth Trends by Regions
2.2.1 Foam Trays Market Size by Regions: 2015 VS 2021 VS 2028
2.2.2 Foam Trays Market Historic Market Share by Regions (2015-2021)
2.2.3 Foam Trays Market Forecasted Market Size by Regions (2021-2028)
2.3 Industry Trends and Growth Strategy
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Porters Five Forces Analysis
2.3.5 Foam Trays Market Growth Strategy
2.3.6 Primary Interviews with Key Foam Trays Market Players (Opinion Leaders)
3 Competition Landscape by Key Players
3.1 Global Top Foam Trays Market Players by Market Size
3.1.1 Global Top Foam Trays Market Players by Revenue (2015-2021)
3.1.2 Global Foam Trays Market Revenue Market Share by Players (2015-2021)
3.1.3 Global Foam Trays Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.2 Global Foam Trays Market Concentration Ratio
3.2.1 Global Foam Trays Market Concentration Ratio (CR5 and HHI)
3.2.2 Global Top 10 and Top 5 Companies by Foam Trays Market Revenue in 2019
3.3 Foam Trays Market Key Players Head office and Area Served
3.4 Key Players Foam Trays Market Product Solution and Service
3.5 Date of entering into Foam Trays Market
3.6 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type (2015-2028)
4.1 Global Foam Trays Market Historic Market Size by Type (2015-2021)
4.2 Global Foam Trays Market Forecasted Market Size by Type (2021-2028)
5 Foam Trays Market Breakdown Data by Application (2015-2028)
5.1 Global Foam Trays Market Size by Application (2015-2021)
5.2 Global Foam Trays Market Forecasted Market Size by Application (2021-2028)
6 North America
6.1 North America Foam Trays Market Size (2015-2021)
6.2 Foam Trays Market Key Players in North America (2019-2021)
6.3 North America Foam Trays Market Size by Type (2015-2021)
6.4 North America Foam Trays Market Size by Application (2015-2021)
7 Europe
7.1 Europe Foam Trays Market Size (2015-2021)
7.2 Foam Trays Market Key Players in Europe (2019-2021)
7.3 Europe Foam Trays Market Size by Type (2015-2021)
7.4 Europe Foam Trays Market Size by Application (2015-2021)
8 China
8.1 China Foam Trays Market Size (2015-2021)
8.2 Foam Trays Market Key Players in China (2019-2021)
8.3 China Foam Trays Market Size by Type (2015-2021)
8.4 China Foam Trays Market Size by Application (2015-2021)
9 Japan
9.1 Japan Foam Trays Market Size (2015-2021)
9.2 Foam Trays Market Key Players in Japan (2019-2021)
9.3 Japan Foam Trays Market Size by Type (2015-2021)
9.4 Japan Foam Trays Market Size by Application (2015-2021)
10 Southeast Asia
10.1 Southeast Asia Foam Trays Market Size (2015-2021)
10.2 Foam Trays Market Key Players in Southeast Asia (2019-2021)
10.3 Southeast Asia Foam Trays Market Size by Type (2015-2021)
10.4 Southeast Asia Foam Trays Market Size by Application (2015-2021)
11 India
11.1 India Foam Trays Market Size (2015-2021)
11.2 Foam Trays Market Key Players in India (2019-2021)
11.3 India Foam Trays Market Size by Type (2015-2021)
11.4 India Foam Trays Market Size by Application (2015-2021)
12 Central & South America
12.1 Central & South America Foam Trays Market Size (2015-2021)
12.2 Foam Trays Market Key Players in Central & South America (2019-2021)
12.3 Central & South America Foam Trays Market Size by Type (2015-2021)
12.4 Central & South America Foam Trays Market Size by Application (2015-2021)
13 Key Players Profiles
13.1 Company Details
13.2 Business Overview and Its Total Revenue
13.3 Foam Trays Market Introduction
13.4 Foam Trays Market Business (2015-2021)
13.5 Recent Development
14 Analyst's Viewpoints/Conclusions
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Disclaimer
15.3 Author Details
List of Table
Table 1. Foam Trays Market Key Market Segments
Table 2. Key Players Covered: Ranking by Foam Trays Market Revenue
Table 3. Ranking of Global Top Foam Trays Market Manufacturers by Revenue (US$ Million) in 2019
Table 4. Global Foam Trays Market Size Growth Rate by Type (US$ Million): 2021 VS 2028
Table 5. COVID-19 Impact Global Market
Table 6. Opportunities and Trends for Foam Trays Market Players in the COVID-19 Landscape
Table 7. Present Opportunities in China & Elsewhere Due to the Coronavirus Crisis
Table 8. Key Regions/Countries Measures against Covid-19 Impact
Table 9. Proposal for Foam Trays Market Players to Combat Covid-19 Impact
Table 10. Global Foam Trays Market Size Growth by Application (US$ Million): 2021 VS 2028
Table 11. Global Foam Trays Market Size by Regions (US$ Million): 2021 VS 2028
Table 12. Global Foam Trays Market Size by Regions (2015-2021) (US$ Million)
Table 13. Global Foam Trays Market Share by Regions (2015-2021)
Table 14. Global Foam Trays Market Forecasted Market Size by Regions (2021-2028) (US$ Million)
Table 15. Global Foam Trays Market Share by Regions (2021-2028)
Table 16. Market Top Trends
Table 17. Key Drivers: Impact Analysis
Table 18. Key Challenges
Table 19. Foam Trays Market Growth Strategy
Table 20. Main Points Interviewed from Key Foam Trays Market Players
Table 21. Global Foam Trays Market Revenue by Players (2015-2021) (Million US$)
Table 22. Global Foam Trays Market Share by Players (2015-2021)
Table 23. Global Top Foam Trays Market Players by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Foam Trays Market as of 2019)
Table 24. Global Foam Trays Market by Players Market Concentration Ratio (CR5 and HHI)
Table 25. Key Players Headquarters and Area Served
Table 26. Key Players Foam Trays Market Product Solution and Service
Table 27. Date of entering into Foam Trays Market
Table 28. Mergers & Acquisitions, Expansion Plans
Table 29. Global Foam Trays Market Size by Type (2015-2021) (Million US$)
Table 30. Global Foam Trays Market Size Share by Type (2015-2021)
Table 31. Global Foam Trays Market Revenue Market Share by Type (2021-2028)
Table 31. Global Foam Trays Market Size Share by Application (2015-2021)
Table 33. Global Foam Trays Market Size by Application (2015-2021) (Million US$)
Table 34. Global Foam Trays Market Size Share by Application (2021-2028)
Table 35. North America Key Players Foam Trays Market Revenue (2019-2021) (Million US$)
Table 36. North America Key Players Foam Trays Market Share (2019-2021)
Table 37. North America Foam Trays Market Size by Type (2015-2021) (Million US$)
Table 38. North America Foam Trays Market Share by Type (2015-2021)
Table 39. North America Foam Trays Market Size by Application (2015-2021) (Million US$)
Table 40. North America Foam Trays Market Share by Application (2015-2021)
Table 41. Europe Key Players Foam Trays Market Revenue (2019-2021) (Million US$)
Table 42. Europe Key Players Foam Trays Market Share (2019-2021)
Table 43. Europe Foam Trays Market Size by Type (2015-2021) (Million US$)
Table 44. Europe Foam Trays Market Share by Type (2015-2021)
Table 45. Europe Foam Trays Market Size by Application (2015-2021) (Million US$)
Table 46. Europe Foam Trays Market Share by Application (2015-2021)
Table 47. China Key Players Foam Trays Market Revenue (2019-2021) (Million US$)
Table 48. China Key Players Foam Trays Market Share (2019-2021)
Table 49. China Foam Trays Market Size by Type (2015-2021) (Million US$)
Table 50. China Foam Trays Market Share by Type (2015-2021)
Table 51. China Foam Trays Market Size by Application (2015-2021) (Million US$)
Table 52. China Foam Trays Market Share by Application (2015-2021)
Table 53. Japan Key Players Foam Trays Market Revenue (2019-2021) (Million US$)
Table 54. Japan Key Players Foam Trays Market Share (2019-2021)
Table 55. Japan Foam Trays Market Size by Type (2015-2021) (Million US$)
Table 56. Japan Foam Trays Market Share by Type (2015-2021)
Table 57. Japan Foam Trays Market Size by Application (2015-2021) (Million US$)
Table 58. Japan Foam Trays Market Share by Application (2015-2021)
Table 59. Southeast Asia Key Players Foam Trays Market Revenue (2019-2021) (Million US$)
Table 60. Southeast Asia Key Players Foam Trays Market Share (2019-2021)
Table 61. Southeast Asia Foam Trays Market Size by Type (2015-2021) (Million US$)
Table 62. Southeast Asia Foam Trays Market Share by Type (2015-2021)
Table 63. Southeast Asia Foam Trays Market Size by Application (2015-2021) (Million US$)
Table 64. Southeast Asia Foam Trays Market Share by Application (2015-2021)
Table 65. India Key Players Foam Trays Market Revenue (2019-2021) (Million US$)
Table 66. India Key Players Foam Trays Market Share (2019-2021)
Table 67. India Foam Trays Market Size by Type (2015-2021) (Million US$)
Table 68. India Foam Trays Market Share by Type (2015-2021)
Table 69. India Foam Trays Market Size by Application (2015-2021) (Million US$)
Table 70. India Foam Trays Market Share by Application (2015-2021)
Table 71. Central & South America Key Players Foam Trays Market Revenue (2019-2021) (Million US$)
Table 72. Central & South America Key Players Foam Trays Market Share (2019-2021)
Table 73. Central & South America Foam Trays Market Size by Type (2015-2021) (Million US$)
Table 74. Central & South America Foam Trays Market Share by Type (2015-2021)
Table 75. Central & South America Foam Trays Market Size by Application (2015-2021) (Million US$)
Table 76. Central & South America Foam Trays Market Share by Application (2015-2021)
Table 77. Company Details
Table 78. Business Overview
Table 79. Product details
Table 80. Revenue in Foam Trays Market Business (2015-2021) (Million US$)
Table 81. Recent Development
List of Figures
Figure 1. Global Foam Trays Market Share by Type: 2021 VS 2028
Figure 2. Global Foam Trays Market Share by Application: 2021 VS 2028
Figure 3. Emergency Care Case Studies
Figure 4. Outpatient Facilities Case Studies
Figure 5. Hospitals Case Studies
Figure 6. Home Healthcare Facilities Case Studies
Figure 7. Foam Trays Market Report Years Considered
Figure 8. Global Foam Trays Market Size YoY Growth 2015-2028 (US$ Million)
Figure 9. Global Foam Trays Market Share by Regions: 2021 VS 2028
Figure 10. Global Foam Trays Market Share by Regions (2021-2028)
Figure 11. Porter's Five Forces Analysis
Figure 12. Global Foam Trays Market Share by Players in 2019
Figure 13. Global Top Foam Trays Market Players by Company Type (Tier 1, Tier 2, and Tier 3) (based on the Revenue in Foam Trays Market as of 2019
Figure 14. The Top 10 and 5 Players Market Share by Foam Trays Market Revenue in 2019
Figure 15. North America Foam Trays Market Size YoY Growth (2015-2021) (Million US$)
Figure 16. Europe Foam Trays Market Size YoY Growth (2015-2021) (Million US$)
Figure 17. China Foam Trays Market Size YoY Growth (2015-2021) (Million US$)
Figure 18. Japan Foam Trays Market Size YoY Growth (2015-2021) (Million US$)
Figure 19. Southeast Asia Foam Trays Market Size YoY Growth (2015-2021) (Million US$)
Figure 20. India Foam Trays Market Size YoY Growth (2015-2021) (Million US$)
Figure 21. Central & South America Foam Trays Market Size YoY Growth (2015-2021) (Million US$)
Figure 22. Bottom-up and Top-down Approaches for This Report
Figure 23. Data Triangulation
Figure 24. Key Executives Interviewed
Request Discount 
Inquire Before Buy
