According to latest research by Future Market Insights, tray liners market is set to witness steady growth during 2021-2031. Tray liners are placed in the base of the trays to prevent direct contact of tray and the content which is placed in it.
Tray liners have the ability to absorb almost twice as much water per unit weight as their replacement, cotton towels and five times their own weight which makes them a better choice for multiple applications in the packaging industry.
The global tray liners market is anticipated to grow positively during the forecast period. As a result, the tray liners market is set to witness a CAGR of 5.1%-5.9%.
What is Driving Demand for Tray Liners Market?
Manufacturers of tray liners are constantly innovating their product range to provide convenient packaging solutions to meet consumer demands. Industries such as pharmaceutical & healthcare and food have witnessed an increased consumption of trays which have led in increased the sales of tray liners.
Moreover, due to the escalating pharmaceutical industry, the tray liner market is propelling in the emerging economies. While in the developed nations the meat, poultry and seafood packaging the industry is fueling the demand for tray liners in the market.
However, with the spread of covid-19 pandemic, most countries stopped unessential movements and declared health emergency, thereby impacting heavily on the supply chain of tray liner products.
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Rising Demand from Healthcare Industry is complementing the Tray Liners Market Sales
Tray liners in pharmaceuticals are setting industry standards for quality and reliability in medical services. Due to the need and demand for these products from the healthcare industry, tray liners manufacturers are concentrating on the production and development of pharmaceutical tray liners.
Furthermore, tray liners in pharmaceuticals are available in a variety of materials and additives, depending on the application. Tray liners are available in a variety of sizes and materials. Tray liners are light in weight and can absorb more than five times their own weight in moisture.
Further, tray liners with advanced features such as anti-skidding properties and cost-efficiency are being developed by the majority of manufacturers. Moreover, these tray liners are expected to be used in a variety of industries, including chemical research facilities. Further, tray liners are becoming more popular among dental clinics which is driving the demand for the product.
US and Canada Tray Liners Market Outlook
In the U.S, the tray liners market is booming over the past few years and is expected to rise due to awareness about hygienic treatment and healthcare in hospitals and clinics, the tray liners market is expected to witness growth during the forecast period.
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Europe Demand Outlook for Tray Liners Market
The demand for tray liners market in the European market is estimated to grow significantly in the upcoming years.
Manufacturers prefer tray liners as these tray liners absorb the fluids which are released by the meat and keeps it fresh in the cold storage for a longer time. This increases the shelf life of the packaged food which helps in reducing wastage.
Also, usage of these trays makes the disposal process of spoiled meat convenient and hence is preferred by the European region due to large presence of food chain in the region.
This is translating into higher demand of tray liners which are mainly used to protect the inner lining of the trays. These factors are expected to further increase the demand for tray liners in the European region during the forecast period.
Who are the Key Manufacturers of Tray Liners Market?
Some of the leading manufacturers of tray liners market include
Medline Industries Inc.
HASTI MEDIC
SafMed
Sirane Ltd.
Clinipak Limited
NOVIPAX LLC
Pactiv LLC
Weifang Sunshine Packaging Co. Ltd
Healthmark Industries Company Inc.
Flexipol Packaging Limited
Kimberly-Clark Corporation
Owens & Minor Inc.
Cardinal Health
and Shenzhen Snowdent Healthcare Co. Ltd. among others.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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