Market Overview:
The global polyethylene foam tray market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for food packaging, industrial packaging, and medicine packaging applications. In terms of type, the low density polyethylene foam tray segment is expected to dominate the market during the forecast period owing to its properties such as lightweight and insulation. In terms of region, North America is expected to lead the global polyethylene foam tray market during the forecast period followed by Europe and Asia Pacific.
Product Definition:
A polyethylene foam tray is a container made out of a type of foam plastic that is used to store and carry food. The importance of polyethylene foam trays lies in their ability to insulate food while also being able to prevent it from coming into contact with other surfaces. This makes them ideal for both transporting and storing food items.
Low Density Polyethylene Foam Tray:
Low Density Polyethylene (LDPE) foam tray is a type of polyurethane foam, which is produced from the reaction of ethylene and oxygen. It has high thermal stability and can be used in applications ranging from -40°C to +200°C.
High Density Polyethylene Foam Tray:
High-density polyethylene (HDPE) foam tray is a closed cell polyethylene foam that is produced by the polymerization of ethylene. HDPE foam trays are used for packaging and protecting various products such as food, electronics, and pharmaceuticals during transportation and storage.
Application Insights:
Food packaging was the largest application segment in 2015 and is expected to continue its dominance over the forecast period. Polyethylene foam trays are widely used for packaging various food products such as bakery, dairy, frozen, dry goods and confectionery among others. The expanding food processing industry across developing countries is anticipated to boost polyethylene foam trays market growth over the forecast period.
The industrial packaging segment occupied a significant share of global revenue in 2015 owing to increasing demand from end-use industries such as electrical & electronics, medical equipment and chemicals among others. Growing industrialization along with rising living standards has increased product usage for storage purposes in factories where limited space is available.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of the region can be attributed to rising product demand from various end-use industries, such as food & beverage, industrial packaging, and medicine. China is one of the largest producers and consumers of PE foams in this region owing to rapid industrialization along with growing domestic consumption for manufacturing various products including medical equipment, automobile interior parts, household furniture etc.
The Asia Pacific market was followed by Europe which accounted for a revenue share of more than 20% in 2017 on account of high consumer awareness regarding sustainable packaging materials coupled with stringent regulations imposed by governments across countries about reducing carbon footprint associated with transportation activities. North America emerged as a prominent regional market due to increasing demand for lightweight automotive components that reduce fuel consumption while enhancing vehicle performance & efficiency among other factors contributing toward regional growth over the next eight years (2018– 2030).
Growth Factors:
- Increasing demand from food and beverage industry: The global polyethylene foam tray market is expected to grow at a CAGR of 5.5% during the forecast period, owing to the increasing demand from the food and beverage industry. Polyethylene foam trays are used for packing various types of food items such as fruits, vegetables, meat, poultry products, bakery items, etc., which helps in preserving their freshness and preventing them from getting contaminated.
- Rising disposable income levels: The growth of the global polyethylene foam tray market is also driven by the rising disposable income levels across different regions worldwide. This has led to an increase in consumer spending on packaged foods and beverages that are available in convenient packaging formats such as polyethylene foam trays.
- Growing trend of ready-to-eat meals: There is a growing trend among consumers towards ready-to-eat meals due to hectic lifestyles and lack of time for cooking homemade meals from scratch every day. Polyethylene foam trays offer an ideal packaging solution for these type of meals as they help preserve their freshness and taste until they are consumed by consumers.
Scope Of The Report
Report Attributes
Report Details
Report Title
Polyethylene Foam Tray Market Research Report
By Type
Low Density Polyethylene Foam Tray, High Density Polyethylene Foam Tray
By Application
Food Packaging, Industrial Packaging, Medicine Packaging
By Companies
Winpak, Groupe Guillin, Anchor Packaging, Coopbox Group, Coveris, Dart Container, Placon, Sirap Group
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Polyethylene Foam Tray Market Report Segments:
The global Polyethylene Foam Tray market is segmented on the basis of:
Types
Low Density Polyethylene Foam Tray, High Density Polyethylene Foam Tray
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
Food Packaging, Industrial Packaging, Medicine Packaging
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:
- Winpak
- Groupe Guillin
- Anchor Packaging
- Coopbox Group
- Coveris
- Dart Container
- Placon
- Sirap Group
Highlights of The Polyethylene Foam Tray 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:
- Low Density Polyethylene Foam Tray
- High Density Polyethylene Foam Tray
- By Application:
- Food Packaging
- Industrial Packaging
- Medicine Packaging
- 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 Polyethylene Foam Tray 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?
Polyethylene foam tray is a type of packaging material made from polyethylene. It is often used to pack food items, such as cookies or cake, for sale. Polyethylene foam trays are also used in the manufacturing of other products, such as toys or furniture.
Some of the key players operating in the polyethylene foam tray market are Winpak, Groupe Guillin, Anchor Packaging, Coopbox Group, Coveris, Dart Container, Placon, Sirap Group.
The polyethylene foam tray market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Polyethylene Foam Tray Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Polyethylene Foam Tray Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Polyethylene Foam Tray Market - Supply Chain
4.5. Global Polyethylene Foam Tray Market Forecast
4.5.1. Polyethylene Foam Tray Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Polyethylene Foam Tray Market Size (000 Units) and Y-o-Y Growth
4.5.3. Polyethylene Foam Tray Market Absolute $ Opportunity
5. Global Polyethylene Foam Tray Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Polyethylene Foam Tray Market Size and Volume Forecast by Type
5.3.1. Low Density Polyethylene Foam Tray
5.3.2. High Density Polyethylene Foam Tray
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Polyethylene Foam Tray Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Polyethylene Foam Tray Market Size and Volume Forecast by Application
6.3.1. Food Packaging
6.3.2. Industrial Packaging
6.3.3. Medicine Packaging
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Polyethylene Foam Tray Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Polyethylene Foam Tray Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Polyethylene Foam Tray Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Polyethylene Foam Tray Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Polyethylene Foam Tray Demand Share Forecast, 2019-2026
9. North America Polyethylene Foam Tray Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Polyethylene Foam Tray Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Polyethylene Foam Tray Market Size and Volume Forecast by Application
9.4.1. Food Packaging
9.4.2. Industrial Packaging
9.4.3. Medicine Packaging
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Polyethylene Foam Tray Market Size and Volume Forecast by Type
9.7.1. Low Density Polyethylene Foam Tray
9.7.2. High Density Polyethylene Foam Tray
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Polyethylene Foam Tray Demand Share Forecast, 2019-2026
10. Latin America Polyethylene Foam Tray Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Polyethylene Foam Tray Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Polyethylene Foam Tray Market Size and Volume Forecast by Application
10.4.1. Food Packaging
10.4.2. Industrial Packaging
10.4.3. Medicine Packaging
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Polyethylene Foam Tray Market Size and Volume Forecast by Type
10.7.1. Low Density Polyethylene Foam Tray
10.7.2. High Density Polyethylene Foam Tray
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Polyethylene Foam Tray Demand Share Forecast, 2019-2026
11. Europe Polyethylene Foam Tray Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Polyethylene Foam Tray Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Polyethylene Foam Tray Market Size and Volume Forecast by Application
11.4.1. Food Packaging
11.4.2. Industrial Packaging
11.4.3. Medicine Packaging
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Polyethylene Foam Tray Market Size and Volume Forecast by Type
11.7.1. Low Density Polyethylene Foam Tray
11.7.2. High Density Polyethylene Foam Tray
11.8. Basis Point hare (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Polyethylene Foam Tray Demand Share, 2019-2026
12. Asia Pacific Polyethylene Foam Tray Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Polyethylene Foam Tray Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Polyethylene Foam Tray Market Size and Volume Forecast by Application
12.4.1. Food Packaging
12.4.2. Industrial Packaging
12.4.3. Medicine Packaging
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Polyethylene Foam Tray Market Size and Volume Forecast by Type
12.7.1. Low Density Polyethylene Foam Tray
12.7.2. High Density Polyethylene Foam Tray
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Polyethylene Foam Tray Demand Share, 2019-2026
13. Middle East & Africa Polyethylene Foam Tray Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Polyethylene Foam Tray Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Polyethylene Foam Tray Market Size and Volume Forecast by Application
13.4.1. Food Packaging
13.4.2. Industrial Packaging
13.4.3. Medicine Packaging
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Polyethylene Foam Tray Market Size and Volume Forecast by Type
13.7.1. Low Density Polyethylene Foam Tray
13.7.2. High Density Polyethylene Foam Tray
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Polyethylene Foam Tray Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Polyethylene Foam Tray Market: Market Share Analysis
14.2. Polyethylene Foam Tray Distributors and Customers
14.3. Polyethylene Foam Tray Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Winpak
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Groupe Guillin
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Anchor Packaging
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Coopbox Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Coveris
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Dart Container
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Placon
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Sirap Group
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
