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Fresh Produce Trays Market

Fresh Produce Trays Market By Material Type (Paperboard, Plastic (PET, Polypropylene)),Product Type (Shelf Display Trays, Standard Trays, Insert Trays), Sales Channel (Distributors, Specialty Stores, Ecommerce), Application (fruits, vegetables, seafood, poultry, products) & Region - Forecast 2022-2032

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

Fresh Produce Trays Market Overview

The fresh produce trays market is expected to register a CAGR of 5% during the forecast period, up from US$ 136.05 Bn in 2022 to reach a valuation of US$ 221.61 Bn by 2032.

Attributes

Details

Fresh Produce Trays Market (2022)

US$ 136.05 Bn

Fresh Produce Trays Market Projected value (2032)

US$ 221.61 Bn

Fresh Produce Trays Market CAGR (2022-2032)

5%

Sales of fresh produce trays are expected to rise due to the shift of consumer preference from plastic packaging to a sustainable solution in order to attract a region's environmentally concerned consumer base. As a result, the aforementioned reasons are projected to stimulate demand for fresh produce trays.

Increased demand for fresh produce trays, organic fresh food products such as fruits, vegetables, and dairy from diet and health-conscious customers is likely to boost the fresh produce trays market share throughout the forecast period. Furthermore, the sales of fresh produce trays are increasing, owing to a rising number of foodservice operators and retail chains in North American and European economies. 

Furthermore, the demand for fresh produce trays is likely to grow, owing to numerous regulatory agencies and governments throughout the world having set restrictions on the generation of predominantly plastic garbage over the years in order to reduce the enormous quantity of plastic waste generated annually. This factor is anticipated to have a significant impact on sales of fresh produce trays.

The regulatory agencies are promoting the circular economy, which emphasizes the reusability of packaging items and the strengthening of recycling efforts, which is likely to generate issues for plastic and opportunities for paper and paper board, bagasse, and polylactic acid. As a result, the demand for fresh produce trays is anticipated to grow in the forecast period.

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What are the Growth Propellers to the Fresh Produce Trays Market Share?

Fresh produce trays are readily used for packaging as well as storage of both fresh and processed foods. With the healthy growth of the food industry across various economies around the globe, the fresh produce trays market is expected to witness high growth during the forecast period. 

The sales of fresh produce trays are expected to increase as they enhance the shelf life of products and thus attract consumers. Fresh produce trays, which are generally used to pack soft fruits, grapes, mushrooms, or other vegetables and fruits, their top seal can be provided with various types of perforations. This is likely to contribute to the sales of fresh produce trays and the overall fresh produce trays market share.

Growing consumer knowledge of convenience packaging in the retail industry, combined with improved shelf exposure, has emerged as a crucial element, resulting in an increase in demand for fresh produce trays. Fresh fruit trays are both sturdy and flexible, making them suitable for a variety of uses in the food and beverage packaging industry.

At present, to increase the sales of fresh produce trays, manufacturers are focusing on the quality of products and are coming up with new design that enhances consumer appeal. Fresh produce trays are made up of recyclable material and designed to preserve and protect the freshness of fruits and produce in any situation. This will likely augment the growth of fresh produce trays market share during the forecast period.

Various countries of the world are fighting against the scarcity of food. Packets and food trays are transferred to such locations. This factor is expected to drive the growth of the global fresh produce tray market share during the forecast period.

Ismail Sutaria
Principal Consultant
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Which Region holds the Highest Growth Potential in the Fresh Produce Trays Market?

The global market for fresh produce trays is predicted to increase rapidly in the U.S., owing to the drastic rise in sales of fresh produce trays. It is related to an increase in consumer demand for freshly manufactured goods and products.

Due to the abundance of supermarkets selling fresh vegetables and fruits, the United States is projected to have a significant demand for fresh produce trays. India and China are projected to experience rapid expansion in the Asian fresh produce trays industry.

Seasonal fruits and vegetables are in high demand in these countries. It will increase demand for fresh produce trays in the area. Similar trends are projected in other European countries. Overall, the fresh produce trays market is expected to have significant demand across the board.

How is the Competitive Landscape in the Fresh Produce Trays Market?

Some of the leading players operating in the global fresh produce trays market include DS Smith, Smurfit Kappa, ILIP S.r.l., Earthpac, RPPL Industries Ltd., Produce Packaging (UK), NNZ Group, Crawford Packaging, PACCOR Packaging Solutions, and Cascades Inc.

Recent Developments

  • AR Packaging, a Swedish manufacturer, introduced a one-piece barrier carton board tray for fresh fruits and vegetables, as well as herbs, mushrooms, and seeds, in March 2021.
  • Amcor will introduce a 1-liter container bottle for fresh milk in March 2021. This is composed of 20 percent transparent Post-consumer Recycled (PCR) Polyethylene Terephthalate (PET), which boosts the product's sustainability.
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Scope of Report

Report Attribute

Details

Growth rate

CAGR of 5% from 2022 to 2032

Base year for estimation

2021

Historical data

2015 - 2020

Forecast period

2022 - 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, sales channel, application, region

Regional scope

North America; Western Europe, Eastern Europe, Middle East, Africa, ASEAN, South Asia, Rest of Asia, Australia and New Zealand

Country scope

U.S.; Canada; Mexico; Germany; U.K.; France; Italy; Spain; Russia; Belgium; Poland; Czech Republic; China; India; Japan; Australia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; Iran; South Africa

Key companies profiled

DS Smith, Smurfit Kappa, ILIP S.r.l., Earthpac, RPPL Industries Ltd., Produce Packaging (UK), NNZ Group, Crawford Packaging, PACCOR Packaging Solutions, Cascades 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 fresh produce trays market is forecasted to register a CAGR of 5% during the forecast period.

Key players holding substantial fresh produce trays market share include DS Smith, Smurfit Kappa, ILIP S.r.l., Earthpac, RPPL Industries Ltd., Produce Packaging (UK), NNZ Group, Crawford Packaging, PACCOR Packaging Solutions, Cascades Inc.

As per the analysis, the fresh produce trays market share is likely to be US$ 221.61 Bn by 2032.

Demand for fresh produce trays is likely to rise due to shift of consumer preference from plastic packaging to a sustainable solution in order to attract a region's environmentally concerned consumer base.

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Ismail Sutaria
Principal Consultant
LinkedIn
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Fresh Produce Trays Market