Market Overview:
The global shipping trays market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The disposable shipping trays segment is expected to grow at a higher CAGR than the reusable shipping trays segment during the forecast period. This growth can be attributed to the increasing demand for disposable products across various industries and growing awareness about hygiene and environmental concerns. The medical industry is expected to account for the largest share of the global shipping trays market in 2018, followed by electrical & electronics, military & aerospace, consumer products, construction, and others industries.
Product Definition:
Shipping Trays are cardboard boxes or containers that are used to ship products. They can be either custom-made or purchased from a store. Shipping trays protect the product during shipping and help ensure that it arrives at its destination in the same condition as when it was shipped.
Disposable Shipping Trays:
Disposable shipping trays are used for packaging and transporting products in bulk quantities. They are made up of paper, plastic or other materials that can be used multiple times without any reprocessing. The product is available with different sizes and shapes to accommodate various types of products such as food & beverages, chemicals, pharmaceuticals among others.
The global disposable shipping trays market size was valued at USD 1.91 billion in 2016.
Reusable Shipping Trays:
Reusable shipping trays are used for packaging and protecting shipments that require a lot of care during transport. These products are made from strong paperboard and come with high-quality lamination to protect the contents from damage. The trays can be customized as per client requirements, printed with their brand logo or color, and sent out on a delivery basis as well.
Application Insights:
The consumer products segment accounted for the largest revenue share in 2017 and is anticipated to continue its dominance over the forecast period. The increasing use of reusable shipping trays for packaging household appliances such as washing machines, refrigerators, and TVs is expected to drive demand over the forecast period.
Electrical & electronics application segment was valued at USD 185.0 million in 2017 owing to high usage of disposable shipping trays in this industry due to frequent shipments coupled with low prices of electronic devices which has resulted in increased utilization of transportable goods across various regions including North America, Europe, Asia Pacific and Middle East & Africa.
The medical application segment is projected register a CAGR exceeding 8% from 2018 to 2030 on account of growing awareness regarding better hygiene conditions during transportation pertainingportions along with an increasein numberof geriatric population groups which increases susceptibilityto various diseases especially cardiovascular diseases resultingin higher demandfor medical-grade protective equipment thereby drivingtray usage across hospitals.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing e-commerce activities in developing countries such as China and India. Moreover, rising disposable income levels and changing consumer preferences are also expected to drive the growth over the forecast period. Increasing investments by prominent market players for manufacturing high quality products at low costs will further boost regional demand in near future.
Growth Factors:
- Increasing demand for shipping trays from the e-commerce sector
- Rising popularity of lightweight and collapsible shipping trays
- Growing demand for customized shipping trays
- Proliferation of online retail platforms
- Emergence of new applications for shipping trays
Scope Of The Report
Report Attributes
Report Details
Report Title
Shipping Trays Market Research Report
By Type
Disposable Shipping Trays, Reusable Shipping Trays
By Application
Medical, Electrical & Electronics, Military & Aerospace, Consumer Products, Construction, Others
By Companies
Sinclair & Rush, Custom Tray LLC, Dordan Manufacturing Company, Elsepack, Engineered Components & Packaging, LLC, Universal Plastics Corporation, Young Jin Tech, Robinson Industries, Inc., Elmes Packaging Inc.
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
120
Number of Tables & Figures
84
Customization Available
Yes, the report can be customized as per your need.
Global Shipping Trays Market Report Segments:
The global Shipping Trays market is segmented on the basis of:
Types
Disposable Shipping Trays, Reusable Shipping 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, Electrical & Electronics, Military & Aerospace, Consumer Products, Construction, Others
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:
- Sinclair & Rush
- Custom Tray LLC
- Dordan Manufacturing Company
- Elsepack
- Engineered Components & Packaging, LLC
- Universal Plastics Corporation
- Young Jin Tech
- Robinson Industries, Inc.
- Elmes Packaging Inc.
Highlights of The Shipping 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 Shipping Trays
- Reusable Shipping Trays
- By Application:
- Medical
- Electrical & Electronics
- Military & Aerospace
- Consumer Products
- Construction
- Others
- 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 Shipping 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?
Shipping trays are a type of food packaging that is used to store and transport food. They are made out of a number of different materials, including plastic, cardboard, and metal. Shipping trays are often rectangular in shape and have several compartments or pockets that can be filled with food items. They are typically placed on top of one another to form a stackable container.
Some of the major players in the shipping trays market are Sinclair & Rush, Custom Tray LLC, Dordan Manufacturing Company, Elsepack, Engineered Components & Packaging, LLC, Universal Plastics Corporation, Young Jin Tech, Robinson Industries, Inc., Elmes Packaging Inc..
The shipping 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 Shipping 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 Shipping Trays Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Shipping 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 Shipping 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 Shipping Trays Market Size & Forecast, 2020-2028
4.5.1 Shipping Trays Market Size and Y-o-Y Growth
4.5.2 Shipping Trays Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Disposable Shipping Trays
5.2.2 Reusable Shipping Trays
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Medical
6.2.2 Electrical & Electronics
6.2.3 Military & Aerospace
6.2.4 Consumer Products
6.2.5 Construction
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Shipping 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 Shipping 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Disposable Shipping Trays
9.6.2 Reusable Shipping 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 Market Size Forecast by Applications
9.10.1 Medical
9.10.2 Electrical & Electronics
9.10.3 Military & Aerospace
9.10.4 Consumer Products
9.10.5 Construction
9.10.6 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Disposable Shipping Trays
10.6.2 Reusable Shipping 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 Market Size Forecast by Applications
10.10.1 Medical
10.10.2 Electrical & Electronics
10.10.3 Military & Aerospace
10.10.4 Consumer Products
10.10.5 Construction
10.10.6 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Disposable Shipping Trays
11.6.2 Reusable Shipping 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 Market Size Forecast by Applications
11.10.1 Medical
11.10.2 Electrical & Electronics
11.10.3 Military & Aerospace
11.10.4 Consumer Products
11.10.5 Construction
11.10.6 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Disposable Shipping Trays
12.6.2 Reusable Shipping 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 Market Size Forecast by Applications
12.10.1 Medical
12.10.2 Electrical & Electronics
12.10.3 Military & Aerospace
12.10.4 Consumer Products
12.10.5 Construction
12.10.6 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Disposable Shipping Trays
13.6.2 Reusable Shipping 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) Market Size Forecast by Applications
13.10.1 Medical
13.10.2 Electrical & Electronics
13.10.3 Military & Aerospace
13.10.4 Consumer Products
13.10.5 Construction
13.10.6 Others
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 Shipping Trays Market: Competitive Dashboard
14.2 Global Shipping Trays Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sinclair & Rush
14.3.2 Custom Tray LLC
14.3.3 Dordan Manufacturing Company
14.3.4 Elsepack
14.3.5 Engineered Components & Packaging, LLC
14.3.6 Universal Plastics Corporation
14.3.7 Young Jin Tech
14.3.8 Robinson Industries, Inc.
14.3.9 Elmes Packaging Inc.
