Market Overview:
The global aluminum trays market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for aluminum trays from medical, food and beverage, and automotive applications. In terms of type, disposable aluminum trays are expected to witness higher growth as compared to standard aluminum trays during the forecast period. This is due to their growing popularity in food service applications across various regions.
Product Definition:
A tray is a flat container that is used to hold or carry things. Trays can be made from many different materials, such as wood, plastic, or metal. Aluminum trays are often used in restaurants and other food service businesses because they are lightweight and durable.
Disposable Aluminum Trays:
Disposable aluminum trays are used for packaging and holding products in retail stores, hospitals, medical facilities and laboratories. It is available in various sizes ranging from 3ml to 1L. The product is made of thin gauge aluminum which makes it light weight & easy to handle during transportation as well as storage.
Standard Aluminum Trays:
Aluminum trays are used for packaging and holding products in retail or industrial settings. They are available in a variety of shapes and sizes, as well as materials, to better serve the specific needs of customers. Aluminum is highly malleable; however, it is difficult to deform or reshape once it has been molded. Standard aluminum trays offer high durability with an average service life of 5-7 years when used under normal working conditions with minimal abuse.
Application Insights:
The food and beverage application segment led the market in 2017. The product is widely used for packaging various types of food products such as ready-to-eat meals, frozen foods, dry mixes, bakery products and confectionery. In addition, aluminum trays are also extensively used for packaging a wide range of beverages including juices, soft drinks (both carbonated and non-carbonated), dairy beverages (such as milk), tea and coffee creameries among others.
Aluminum trays are lightweight compared to other packaging materials making them ideal for use in automotive applications where weight reduction is an important factor to enhance fuel efficiency along with reducing CO2 emissions from vehicles.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for nearly 60% of the global population, which makes it a vital region from an economic standpoint. Furthermore, emerging economies such as India and China are also contributing significantly to aluminum production capacity expansion, thereby driving demand across this region.
North America is projected to witness significant growth over the coming years owing to increasing healthcare spending coupled with rising geriatric population in this region. Europe accounted for more than 20% of share in 2017 owing to high product adoption rates across major countries including Germany, France and U.K., among others due to stringent regulatory approval process involved before launching a new medical device or pharmaceutical product.
Growth Factors:
- Increasing demand from food and beverage industry for lightweight and durable trays
- Rising disposable income of consumers, which is resulting in an increase in demand for premium packaging products
- Growing popularity of ready-to-eat meals, which is leading to an increase in demand for aluminum trays
- Proliferation of retail outlets, especially supermarkets and hypermarkets, across the globe that are increasing the demand for aluminum trays
- Technological advancements that are resulting in the development of new and innovative tray designs
Scope Of The Report
Report Attributes
Report Details
Report Title
Aluminum Trays Market Research Report
By Type
Disposable Aluminum Trays, Standard Aluminum Trays, Aluminum Sterilized Trays
By Application
Medical, Food and Beverages, Automotive
By Companies
Envases Del Plata, Formacia, Durable Packaging, Nicholl Food Packaging, Artekno Oy, Wyda Packaging (Pty), Alufoil Products, Confoil, Envases Del Plata
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
176
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Aluminum Trays Market Report Segments:
The global Aluminum Trays market is segmented on the basis of:
Types
Disposable Aluminum Trays, Standard Aluminum Trays, Aluminum Sterilized Trays
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Medical, Food and Beverages, Automotive
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Envases Del Plata
- Formacia
- Durable Packaging
- Nicholl Food Packaging
- Artekno Oy
- Wyda Packaging (Pty)
- Alufoil Products
- Confoil
- Envases Del Plata
Highlights of The Aluminum Trays Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Disposable Aluminum Trays
- Standard Aluminum Trays
- Aluminum Sterilized Trays
- By Application:
- Medical
- Food and Beverages
- Automotive
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aluminum Trays Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aluminum trays are a type of food packaging made from aluminum sheets that are folded and welded together to create a rigid container. They can be used for a variety of foods, including cereal, cookies, cake batter, and other baking items.
Some of the major companies in the aluminum trays market are Envases Del Plata, Formacia, Durable Packaging, Nicholl Food Packaging, Artekno Oy, Wyda Packaging (Pty), Alufoil Products, Confoil, Envases Del Plata.
The aluminum trays market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aluminum Trays Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aluminum Trays Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aluminum Trays Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aluminum Trays Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aluminum Trays Market Size & Forecast, 2018-2028
4.5.1 Aluminum Trays Market Size and Y-o-Y Growth
4.5.2 Aluminum Trays Market Absolute $ Opportunity
Chapter 5 Global Aluminum Trays Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Aluminum Trays Market Size Forecast by Type
5.2.1 Disposable Aluminum Trays
5.2.2 Standard Aluminum Trays
5.2.3 Aluminum Sterilized Trays
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aluminum Trays Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Aluminum Trays Market Size Forecast by Applications
6.2.1 Medical
6.2.2 Food and Beverages
6.2.3 Automotive
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aluminum Trays Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aluminum Trays Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Aluminum Trays Analysis and Forecast
9.1 Introduction
9.2 North America Aluminum Trays Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Aluminum Trays Market Size Forecast by Type
9.6.1 Disposable Aluminum Trays
9.6.2 Standard Aluminum Trays
9.6.3 Aluminum Sterilized Trays
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Aluminum Trays Market Size Forecast by Applications
9.10.1 Medical
9.10.2 Food and Beverages
9.10.3 Automotive
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Aluminum Trays Analysis and Forecast
10.1 Introduction
10.2 Europe Aluminum Trays Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Aluminum Trays Market Size Forecast by Type
10.6.1 Disposable Aluminum Trays
10.6.2 Standard Aluminum Trays
10.6.3 Aluminum Sterilized Trays
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Aluminum Trays Market Size Forecast by Applications
10.10.1 Medical
10.10.2 Food and Beverages
10.10.3 Automotive
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Aluminum Trays Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aluminum Trays Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Aluminum Trays Market Size Forecast by Type
11.6.1 Disposable Aluminum Trays
11.6.2 Standard Aluminum Trays
11.6.3 Aluminum Sterilized Trays
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Aluminum Trays Market Size Forecast by Applications
11.10.1 Medical
11.10.2 Food and Beverages
11.10.3 Automotive
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Aluminum Trays Analysis and Forecast
12.1 Introduction
12.2 Latin America Aluminum Trays Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Aluminum Trays Market Size Forecast by Type
12.6.1 Disposable Aluminum Trays
12.6.2 Standard Aluminum Trays
12.6.3 Aluminum Sterilized Trays
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Aluminum Trays Market Size Forecast by Applications
12.10.1 Medical
12.10.2 Food and Beverages
12.10.3 Automotive
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Aluminum Trays Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aluminum Trays Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Aluminum Trays Market Size Forecast by Type
13.6.1 Disposable Aluminum Trays
13.6.2 Standard Aluminum Trays
13.6.3 Aluminum Sterilized Trays
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Aluminum Trays Market Size Forecast by Applications
13.10.1 Medical
13.10.2 Food and Beverages
13.10.3 Automotive
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aluminum Trays Market: Competitive Dashboard
14.2 Global Aluminum Trays Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Envases Del Plata
14.3.2 Formacia
14.3.3 Durable Packaging
14.3.4 Nicholl Food Packaging
14.3.5 Artekno Oy
14.3.6 Wyda Packaging (Pty)
14.3.7 Alufoil Products
14.3.8 Confoil
14.3.9 Envases Del Plata
