This site uses cookies, including third-party cookies, that help us to provide and improve our services.

Privacy Policy
- Global Locations -
Headquarters
Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive, Suite 401, Newark, Delaware - 19713, United States
T: +1-845-579-5705
MEA
Market Access DMCC
1602-6 Jumeirah Bay X2 Tower, Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
Americas
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
Europe
Future Market Insights
3rd Floor, 207 Regent Street,
London W1B 3HH
United Kingdom
T: + 44 (0) 20 8123 9659
D: +44 (0) 20 3287 4268
APAC
Future Market Insights
Office No. 401-A, 4th Floor,
VANTAGE 9, S.No. 36/1/1,
Baner, Pune 411045 India

Assembly Trays Market

Market Insights on Assembly Trays covering sales outlook, demand forecast & up-to-date key trends

Assembly Trays Market by Product Type, Material Type, Load Capacity, End User & Region - Forecast 2022 - 2032

Assembly Trays Market Outlook

The assembly trays market is likely to record a strong CAGR of 23% during the forecast period. The assembly trays market is currently valued at US$ 2.2 Bn in 2022 and is likely to reach US$ 21.45 Bn by 2032.

Report Attribute

Details

Estimated Base Year Value (2022)

US$  2.2 Bn

Anticipated Forecast Value (2032)

US$  21.45 Bn

Projected Growth Rate (2022-2032)

23% CAGR

Sales of assembly trays have risen due to a low-profile design that can readily accommodate conveyor transport.

Increased dimensional stability and light weight of assembly trays ensuring ease of handling are also projected to contribute to the growth of the assembly trays market share.

The report sheds light on the factors improving the sales of assembly trays, and, in turn, the opportunities for market players. However, the assembly trays market also faces some challenges, which might limit the assembly trays market share from reaching its potential.

Some of the key assembly trays market trends promoting the demand for assembly trays include features such as grease resistant and high melting point creates opportunity for end users from electronics and automotive industries.

Customize this Report

Let us know your requirement to get
100% FREE customization

What are the Key Dynamics to the Assembly Trays Market Share

Most electrical products get spoilt due to the generation of static electricity in them. It is also noticed that around 33% of electrical devices are damaged due to the absence of suitable packaging solutions.

Increasing demand for ESD assembly trays in the electrical and electronics industry drives sales of the assembly trays.

Additionally, the semiconductor and PCB industry is witnessing significant expansion which is a prominent application for assembly trays. Assembly trays are the ideal protective packaging solution for the packaging of ESD-prone electrical and electronics components.

Generally, countries import electronic components such as semiconductors and PCBs for the production of these electronic devices. Companies in the emerging regions are currently focusing on the domestic production of these electronic components in order to reduce the final cost of the product.

Ismail Sutaria
Principal Consultant
LinkedIn
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst

Which Region holds the Highest Growth Potential in the Assembly Trays Market

On the basis of geography, the global assembly trays market is segmented into North America, South Asia, Latin America, East Asia, Europe, Middle East & Africa & Oceania.

China is anticipated to represent tremendous growth in the assembly trays market due to various factors like rapid growth in automation & electronics industry.

Europe assembly trays market is expected to witness judicious growth due to matured market in Germany, France & Italy.

MEA is expected to be the fastest growing market due to the rising penetration of electrical & electronics which tends to drive the sales of assembly trays.

The increase in demand for conveyor trolleys in automotive and electronics industry has boosted the demand for assembly trays in the developing countries such as India, Brazil, etc. These countries, excluding China, have negligible manufacturing facilities for the production of the electronics components.

Companies are investing heavily in backward integration at their PCBs in-house facilities. There has been a substantial rise in the number of manufacturers of these components in recent years.

Therefore, the increase in production of these components is anticipated to boost the assembly trays market in APAC regions. This, in turn, is likely to lead to high growth opportunities for the assembly trays market in these emerging markets.

How is the Competitive Landscape in the Assembly Trays Market

The key players of the assembly trays market are focusing on enhancing and adopting strategies like enhancing the durability, sizes and its use to thrive business. This is driving the sales of assembly trays  

Some of the key participating players indulged in the sales of assembly trays are:

  • Molded Fiber Glass Tray Company
  • K. Goodwin Co.
  • Impala Plastics
  • W. Grainger, Inc.
  • Conductive Containers, Inc.
  • Desco Industries Inc.

This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

These market players are anticipated to drive the assembly trays market by introducing new products and expanding geographically.

Become a MarketNgage Insider

An unified Market Research Subscription Platform, built for today’s disparate research needs.

Report Scope

Report Attribute

Details

Growth Rate

CAGR of 23% from 2022 to 2032

Base year for estimation

2022

Historical data

2015 – 2021

Forecast period

2023 – 2032

Quantitative units

Revenue in USD billion, volume in kilotons, and CAGR from 2022 to 2032

Report coverage

Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis

Segments covered

Product type, Material type, Load Capacity, End User, and Region

Regional scope

North America, Latin America, Europe, South Asia, East Asia, Oceania, Middle East & Africa (MEA)

Country scope

U.S., Canada, Mexico, Brazil, Germany, Italy, France, U.K, Spain, Russia, China, Japan, South Korea, India, Malaysia, Thailand, Indonesia, Australia & New Zealand, GCC, S. Africa, N. Africa

Key companies profiled

Molded Fiber Glass Tray Company, K. Goodwin Co., Impala Plastics, W. Grainger Inc., Conductive Containers Inc., Desco Industries Inc.

Customization scope

Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs.

Frequently Asked Questions

The assembly trays market grows at a rate of % CAGR during the forecast period 2022 to 2032.

Key players holding a substantial assembly trays market share include Molded Fiber Glass Tray Company, K. Goodwin Co., Impala Plastics, W. Grainger Inc., Conductive Containers Inc., Desco Industries Inc.

Demand for assembly trays is likely to rise on the back of increased dimensional stability and light weight of assembly trays ensuring ease of handling are also projected to contribute to the growth of the assembly trays market share.

Table of Content

NA

Customize this Report

Let us know your requirement to get
100% FREE customization

List of Tables

NA

Ismail Sutaria
Principal Consultant
LinkedIn
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst
List of Charts

NA

Need specific information?

Request Customization

Explore Packaging Insights

View Reports

Recommendations

Packaging

Dispensing Trays Market

Published : July 2021

Packaging

Dunnage Trays Market

Published : February 2022

Packaging

Insert Trays Market

Published : May 2017

Packaging

Thermoformed Trays Market

Published : November 2016

Google translate