Market Overview:
The global vegetable trays market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for fresh vegetables and fruits, which is resulting in an increase in the number of supermarkets and hypermarkets across the globe. In addition, rising disposable income levels are also contributing to the growth of this market. The global vegetable trays market can be segmented on the basis of type into plastic, corrugated paper, molded fiber, and others. The plastic segment is expected to account for a major share of the global vegetable trays market during the forecast period owing to its properties such as durability and resistance against moisture. Furthermore, growing awareness about environmental concerns is leading consumers towards using products that are made from sustainable materials such as plastics. On basis if application, commercial applications accounted for a majority share of th eglobal vegetable tray smarket in 2017 .
Product Definition:
A vegetable tray is a container that is used to store or serve vegetables. It can be made from a variety of materials, including plastic, metal, or glass. Vegetable trays are often used to serve food at parties or picnics. They can also be used to store leftovers in the refrigerator.
Plastic:
Plastic is a synthetic material, which has been used in the form of polymers for many years. The properties and characteristics of plastic have changed very little over the past decades. However, there has been an increase in demand for biodegradable or natural plastics due to environmental concerns and regulations by various governing bodies such as REACH & EPA.
The global market size was valued at USD 468 billion in 2016.
Corrugated Paper:
Corrugated paper is made from wood pulp, which is processed to make fibers that are then bundled together. The fibers are coated with a thin layer of plastic and bound with a metal strip. The finished product has high strength and durability due to the metal binding. Corrugated boards or boxes are lightweight as compared to solid boards; they also have the advantage of being able to be recycled multiple times without losing their structural integrity.
Application Insights:
The commercial application segment accounted for the largest share of more than 70.0% in 2017. The demand from hotels, restaurants and food chains is expected to remain strong over the forecast period owing to rising awareness regarding health benefits associated with vegetables served in a attractive manner. In addition, increasing spending power of consumers coupled with growing preference for packaged meals is anticipated to propel industry growth over the coming years.
Residential application was one of the prominent segments accounting for a smaller share as compared to commercial applications in 2017 owing to high cost associated with vegetable trays which may range from few dollars up tp several hundreds depending upon size and material used (corrugated paper or plastic). However, increasing number of home-based eateries has been fueling demand for residential application which is expectedto bode well for market growth over next few years.
Regional Analysis:
North America dominated the global vegetable trays market in 2017. The growth is majorly driven by the U.S., which accounted for over 80% of the regional market share in terms of revenue owing to high demand from residential as well as commercial sectors. The vegetable tray industry has been witnessing a significant increase in sales volume since past few years, which is further fueling the regional product demand during forecast period.
Asia Pacific region is expected to witness substantial growth over the forecast period owing to increasing number of construction activities and investments across key economies such as China, India, Japan and Australia among others will have a positive impact on industry expansion during future years.
Growth Factors:
- Increasing demand for convenience foods: The growing trend of busy lifestyles has led to an increased demand for convenient food options. Vegetable trays offer a quick and easy way to enjoy a healthy meal.
- Rising awareness about the benefits of vegetables: There is a growing awareness among consumers about the health benefits of consuming vegetables. This is driving demand for vegetable trays as they provide an easy way to consume multiple servings of vegetables in one go.
- Growing popularity of healthy eating trends: There is a rising trend among consumers towards adopting healthier eating habits. This is contributing to the growth of the vegetable tray market as vegetable trays are considered a healthy option compared to other convenience food options available in the market today.
Scope Of The Report
Report Attributes
Report Details
Report Title
Vegetable Trays Market Research Report
By Type
Plastic, Corrugated Paper, Molded Fiber, Others
By Application
Commercial, Residential
By Companies
Cascades Recovery, Hartmann, Huhtamaki, Celluloses de la Loire (CDL), Dolco Packaging, HZ Corporation, Pactiv, Wuhan Makewell, Green Pulp Paper, FDS Manufacturing Company, Lacerta Group?Inc., Keyes Packaging Group, Dolco Packaging, Kegel's Produce
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Vegetable Trays Market Report Segments:
The global Vegetable Trays market is segmented on the basis of:
Types
Plastic, Corrugated Paper, Molded Fiber, Others
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
Commercial, Residential
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:
- Cascades Recovery
- Hartmann
- Huhtamaki
- Celluloses de la Loire (CDL)
- Dolco Packaging
- HZ Corporation
- Pactiv
- Wuhan Makewell
- Green Pulp Paper
- FDS Manufacturing Company
- Lacerta Group?Inc.
- Keyes Packaging Group
- Dolco Packaging
- Kegel's Produce
Highlights of The Vegetable 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:
- Plastic
- Corrugated Paper
- Molded Fiber
- Others
- By Application:
- Commercial
- Residential
- 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 Vegetable 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.
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- Correctly Positioning New Products
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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?
Vegetable trays are a type of food tray that is made out of plastic or metal. They are typically used to hold vegetables, fruits, and other types of food.
Some of the key players operating in the vegetable trays market are Cascades Recovery, Hartmann, Huhtamaki, Celluloses de la Loire (CDL), Dolco Packaging, HZ Corporation, Pactiv, Wuhan Makewell, Green Pulp Paper, FDS Manufacturing Company, Lacerta Group?Inc., Keyes Packaging Group, Dolco Packaging, Kegel's Produce.
The vegetable trays 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. Vegetable Trays 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. Vegetable Trays Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Vegetable Trays Market - Supply Chain
4.5. Global Vegetable Trays Market Forecast
4.5.1. Vegetable Trays Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Vegetable Trays Market Size (000 Units) and Y-o-Y Growth
4.5.3. Vegetable Trays Market Absolute $ Opportunity
5. Global Vegetable Trays 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. Vegetable Trays Market Size and Volume Forecast by Type
5.3.1. Plastic
5.3.2. Corrugated Paper
5.3.3. Molded Fiber
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Vegetable Trays 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. Vegetable Trays Market Size and Volume Forecast by Application
6.3.1. Commercial
6.3.2. Residential
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Vegetable Trays 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. Vegetable Trays 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 Vegetable Trays 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. Vegetable Trays 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 Vegetable Trays Demand Share Forecast, 2019-2026
9. North America Vegetable Trays 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 Vegetable Trays 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 Vegetable Trays Market Size and Volume Forecast by Application
9.4.1. Commercial
9.4.2. Residential
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Vegetable Trays Market Size and Volume Forecast by Type
9.7.1. Plastic
9.7.2. Corrugated Paper
9.7.3. Molded Fiber
9.7.4. Others
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 Vegetable Trays Demand Share Forecast, 2019-2026
10. Latin America Vegetable Trays 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 Vegetable Trays 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 Vegetable Trays Market Size and Volume Forecast by Application
10.4.1. Commercial
10.4.2. Residential
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Vegetable Trays Market Size and Volume Forecast by Type
10.7.1. Plastic
10.7.2. Corrugated Paper
10.7.3. Molded Fiber
10.7.4. Others
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 Vegetable Trays Demand Share Forecast, 2019-2026
11. Europe Vegetable Trays 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 Vegetable Trays 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 Vegetable Trays Market Size and Volume Forecast by Application
11.4.1. Commercial
11.4.2. Residential
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Vegetable Trays Market Size and Volume Forecast by Type
11.7.1. Plastic
11.7.2. Corrugated Paper
11.7.3. Molded Fiber
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.1.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Vegetable Trays Demand Share, 2019-2026
12. Asia Pacific Vegetable Trays 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 Vegetable Trays 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 Vegetable Trays Market Size and Volume Forecast by Application
12.4.1. Commercial
12.4.2. Residential
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Vegetable Trays Market Size and Volume Forecast by Type
12.7.1. Plastic
12.7.2. Corrugated Paper
12.7.3. Molded Fiber
12.7.4. Others
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 Vegetable Trays Demand Share, 2019-2026
13. Middle East & Africa Vegetable Trays 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 Vegetable Trays 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 Vegetable Trays Market Size and Volume Forecast by Application
13.4.1. Commercial
13.4.2. Residential
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Vegetable Trays Market Size and Volume Forecast by Type
13.7.1. Plastic
13.7.2. Corrugated Paper
13.7.3. Molded Fiber
13.7.4. Others
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 Vegetable Trays Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Vegetable Trays Market: Market Share Analysis
14.2. Vegetable Trays Distributors and Customers
14.3. Vegetable Trays Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Cascades Recovery
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hartmann
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Huhtamaki
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Celluloses de la Loire (CDL)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Dolco Packaging
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. HZ Corporation
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Pactiv
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Wuhan Makewell
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Green Pulp Paper
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. FDS Manufacturing Company
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Lacerta Group?Inc.
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Keyes Packaging Group
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Dolco Packaging
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Kegel's Produce
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
