Global Self - Locking Trays Market - Overview:
In recent years there have been increase in demand for ecommerce or online shopping and grocery or retail store. This factor have increase the demand for innovative packaging such as self - locking trays which provides the feature of keeping the product secure and safe inside without getting it locked. Self - locking trays are also stackable which helps in reducing the space for carrying the trays in bulk. In addition, self - locking trays can be used for packaging of food cans & tins, bottles, jars, pouches, etc. Self - locking trays can be seen in supermarkets or hypermarkets printed with some brands which also helps in promotional marketing of end use company & brand. Self - locking trays are made from paper & paperboard, fiberboard and plastic. Self - locking trays due to tough and durable design can be used for preserving and packaging of fruits and vegetables during logistics and shipping. Furthermore, some of the self - locking trays made from paper & paperboard can be folded which helps in reducing the space. All this factors helps in the growth of self - locking trays market during the forecast period 2018 – 2028.
Global Self - Locking Trays Market - Dynamics:
Self - locking trays market is expected to grow substantially on the backdrop of increasing supermarkets and hypermarkets across the globe which need bulk packaging solutions. The light weight with better toughness are some of the features which are expected to boost the self - locking trays market during the forecast period. In addition, in order to have cost effective packaging, manufacturers are considering coated unbleached kraft paperboard for manufacturing self - locking trays which are normally available in brown colour. Furthermore, due to better packaging design that other packaging formats, self - locking trays helps in keeping the fresh produce items free from contamination as well as increase the shelf life up to three days. Self - locking trays are also recyclable which helps in reducing the risk related to disposal of the packaging product after use. Moreover, self - locking trays market is hampered due to stringent norms related to the disposal of plastic self - locking trays due to environmental issues.
Global Self - Locking Trays Market – Regional Overview:
The North American market is expected to dominate the global self - locking trays market during the forecast period 2018 - 2028. Followed by Europe which is expected to witness above average growth for self – locking trays market during the forecast period. The Asia Pacific self - locking trays market is expected to witness the significant growth due to extensive usage of self - locking trays in agriculture industry in this region. The self - locking trays market in the Middle East & Africa and Latin America region is anticipated to witness sluggish growth during the forecast period.
Global Self - Locking Trays Market – Key Players:
A few of the key players in the self - locking trays market are Industrial Development Company sal, T G Nuttall Packaging Ltd, Arrow Packaging, Alliance Packaging LLC, Corrugados y Especialidades, SA de CV, PakFactory, The BoxMaker Inc., Packlane, Inc., Palmer Packaging, Inc., etc.
The report is a compilation of first-hand information, and qualitative & quantitative assessment by industry analysts, as well as inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.
The global market is divided into seven major regions, which are as follows -
- North America
- Asia - Pacific excluding Japan (APEJ)
- Latin America
- Eastern Europe
- Western Europe
- Middle East & Africa (MEA)
Global Self - Locking Trays Market - Segmentation:
The global self - locking trays market is segmented by material type, size, application, and by end use industry. The pricing for self - locking trays has being done based on size segment in US$ million, and the volume is considered in units.
On the basis of material type, the global self - locking trays market is segmented into -
- Paper & Paperboard
- Coated Unbleached Kraft Paperboard (CUK)
- Solid Bleached Sulfate (SBS)
- Polyvinyl Chloride (PVC)
- Polyethylene Terephthalate (PET)
On the basis of size, the global self - locking trays market is segmented into -
On the basis of application, the global self - locking trays market is segmented into -
On the basis of end use industry, the global self - locking trays market is segmented into -
- Food & Beverages
- Personal Care & Cosmetics
- Consumer Goods
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