Cardboard Trays Market Overview
The changing lifestyle of consumer demanding and adapting to sustainable products have made the cardboard trays market grow prominently. The cardboard tray has started to replace plastic trays because of its recyclability nature. These trays can be effectively used to carry heavy weighted products and the cardboard tray itself is low in weight.
The cardboard tray has suitable designs and sizes for the easy purchase of consumer for any use and also to prevent any spillage, this basically prevents any wastage of stored products.
What Drives the Growth of the Cardboard Trays Market?
Cardboard trays ensures the safety and freshness of the product that is stored in the tray. These trays enables incredible moisture barrier, sealability, resistant to grease and also avoiding any spillage.
The cost of the cardboard trays are also affordable for the marketers specifically because of the recyclability of the cardboard as it is majorly made or paper and paperboard or Kraft papers, they can be easily recycled ensuring there is no wastage. This increases the availability of raw materials.
What Restraints the Growth of the Cardboard Trays Market?
There are some restraints to the growth of the cardboard trays market such as the material of the tray is not suitable for extreme pressure, the trays might lose its shape if exposed to some pressure damaging the product packed.
And Cardboard trays are not the best option for weatherproofing; water or any type of liquid would seep into the tray and damage the product inside. To avoid this restraint, holding any cold beverages can be avoided and also the product to be held should be checked well if it is closed properly.
How is Cardboard Trays contributing in the Growth of the E-commerce and Food Delivery Industry?
Cardboard trays are commonly used in food & beverage industry, personal care & cosmetics industry and also for product shipping. Nowadays with the expanding e-commerce of retail products and food and beverages deliveries, cardboard trays are particularly used for the proper handling and transportation of goods. Cardboard trays also ensures safety of the product which is the primary concern of an online retailer as well as the customer.
With the increasing number of takeaway food and beverage consumption, cardboard trays are contributing a lot to the safety of the product and also maintains the freshness of the food packed till it reaches the consumer. These factors are driving the demand for cardboard trays in several end-use industries globally.
Key global players of the cardboard trays market are:
- Brodrene Hartmann A/S
- FiberCel Packaging
- Huhtamaki Oyj
- ESCO Technologies Inc
- International Paper Co.
- Pactiv LLC
- Mondi Group plc
- Henry Molded Products, Inc.
Key players in the Asia Pacific region of the cardboard trays market are:
- Guangzhou Bosing Paper Printing and packaging Co., Ltd
- Shanghai Forests Packaging Group Co., Ltd
- Unicraft Packaging
- Asia Paper box
- Jumbo Paper products
How has Covid-19 Impacted The Growth Of The Cardboard Trays Market?
The Covid 19 crisis is likely to alter the growth of the packaging industry. Now with changing preferences of consumers across the globe since the pandemic has shown that consumers are more inclined to buy products through different channels of e commerce platform. Many companies started to provide essential services such as food and household supplies safely to the consumers.
The Covid 19 crisis has already led to decline in demand for certain types of packaging but the growth of cardboard trays started to accelerate mainly because it was used for food deliveries, e commerce shipments. It is expected that in the coming years the growth of cardboard trays is determined to grow in the retail industry too because of its reusability and sustainability characteristics.
Key Segments of Cardboard Trays Market Covered in the Report
Based on the Material Source:
- Virgin Fiber
- Recycled Fiber
Based on the Tray Type:
- With cavity
- Without Cavity
Based on End-use:
- Food & Beverage Industry
- Pharmaceuticals Industry
- Retail Industry
- Personal Care & Cosmetics Industry
- Agriculture Industry
- Chemical Industry
Based on Region:
- North America
- Latin America
- Asia Pacific