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Thermoformed Shallow Trays Market - By Material Type (Plastic and Paper Based Laminates), By Application (Food, Cosmetics & Personal Care, Pharmaceuticals, Electronics, and Industrial Goods), And By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2025

Published Date: 24-Feb-2021 Category: Consumer Goods Report Format : PDF Report Code: ZMR-3149 Status : Published

The global Thermoformed Shallow Trays market, which accrued revenue worth nearly 4.07 (USD Billion) in 2018 and is slated to garner earnings worth 6.10 (USD Billion) by 2025, is set to grow at a CAGR of 5.9% during the period from 2019 to 2025.

Description

The global Thermoformed Shallow Trays market, which accrued revenue worth nearly 4.07 (USD Billion) in 2018 and is slated to garner earnings worth 6.10 (USD Billion) by 2025, is set to grow at a CAGR of 5.9% during the period from 2019 to 2025. The report offers valuation and analysis of the Thermoformed Shallow Trays market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, restraints, revenue estimates, avenues, current & emerging trends, and industry-validated market information. The report offers historical data from 2016 to 2018 along with a forecast from 2019 to 2025 based on value (USD Billion).

Thermoformed Shallow Trays Market: Outlook

Thermoformed shallow trays are shallow containers that are utilized for packaging of consumer goods. The product is made up from plastic & paper laminates through thermoforming process where plastic & paper laminated sheets of a specific size are clamped in place, heated to a specific temperature Thermoformed shallow trays find lucrative application in food, electronics, pharmaceutical, personal care & cosmetics, and industrial goods.

Thermoformed Shallow Trays Market: Growth Dynamics

Massive use of thermoformed shallow trays for packaging food products will steer the expansion of thermoformed shallow trays industry in the years to come. Furthermore, lucrative use of the product in drug packaging & medical device packaging is anticipated to generate lucrative growth avenues for thermoformed shallow trays industry over the assessment period. Apparently, the eco-friendly thermoformed shallow trays that are made from bio-degradable materials like PLA are anticipated to further enlarge the scope of thermoformed shallow trays industry over the forecast timeline.

Furthermore, need for providing protection & stability to the items along with reducing their fragility through effective packing has resulted in humungous product popularity globally in the recent years. Moreover, the product has also found applications in cosmetics and electronics industries in the recent years.

North America To Make Huge Contributions Towards Overall Market Revenue By 2025

The expansion of thermoformed shallow trays market in North American sub-continent over the forecast timeline is attributed to large-scale manufacturing of thin weight thermoformers in the North American sub-continent. The market penetration in the region is likely to gain traction due to the prominent use of product in packaging as a result of its toughness & flexibility. Humungous presence of giant players in the sub-continent will pave a way for the expansion of thermoformed shallow traps industry in North America over the ensuing years.

Key players profiled in the report include Anchor Packaging, Inc., Bemis Company, Inc., Sonoco Products Company, Huhtamaki Oyj, Pactiv LLC, Tray-Pak Corporation, Display Pack, Inc., D&W Fine Pack LLC, and Placon Corporation.

The global thermoformed shallow trays market is segmented as follows:

By material:

  • Plastic
    • Polyethylene terephthalate (PET)
    • Poly vinyl chloride (PVC)
    • Polypropylene (PP)
    • Polyethylene (PE)
    • Polystyrene (PS)
    • Others
  • Paper based Laminates

By application:

  • Food
    • Dairy products
    • Bakery products
    • Meat, poultry & seafood
    • Food services
    • Snacks
    • Others
  • Cosmetics & personal care
  • Pharmaceuticals
  • Industrial goods
  • Electronics

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodulogy
      • 1.3.1. Market Research Type
      • 1.3.2. Market Research Methodulogy
  • Chapter 2. Executive Summary
    • 2.1. Thermoformed Shallow Trays Market, 2015–2025 (USD Billion)
    • 2.2. Thermoformed Shallow Trays Market: Snapshot
  • Chapter 3. Global Thermoformed Shallow Trays Market– Industry Analysis
    • 3.1. Thermoformed Shallow Trays Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Lucrative use of thermoformed shallow trays for packaging food products will steer the expansion of thermoformed shallow trays industry in the years to come.
      • 3.2.2. The eco-friendly thermoformed shallow trays that are made from bio-degradable materials like PLA are anticipated to further enlarge the scope of thermoformed shallow trays industry over the forecast timeline.
    • 3.3. Porter’s Five Forces Analysis
    • 3.4. Market Attractiveness Analysis
      • 3.4.1. Market attractiveness analysis By Material Type
      • 3.4.2. Market attractiveness analysis By Application
  • Chapter 4. Global Thermoformed Shallow Trays Market– Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Thermoformed Shallow Trays Market: company market share, 2017
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New Product launches
      • 4.2.3. Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4. Research and development and Regional expansion
    • 4.3. Price trend analysis
  • Chapter 5. Global Thermoformed Shallow Trays Market– Material Type Analysis
    • 5.1. Global Thermoformed Shallow Trays Market overview: By Material Type
      • 5.1.1. Global Thermoformed Shallow Trays Market share, By Material Type, 2018 and 2025
    • 5.2. Plastic
      • 5.2.1. Global Thermoformed Shallow Trays Market By Plastic , 2015–2025 (USD Billion)
    • 5.3. Paper Based Laminates
      • 5.3.1. Global Thermoformed Shallow Trays Market By Paper Based Laminates, 2015–2025 (USD Billion)
  • Chapter 6. Global Thermoformed Shallow Trays Market– Application Analysis
    • 6.1. Global Thermoformed Shallow Trays Market overview: By Application
      • 6.1.1. Global Thermoformed Shallow Trays Market share, By Application , 2018 and 2025
    • 6.2. Food
      • 6.2.1. Global Thermoformed Shallow Trays Market By Food, 2015–2025 (USD Billion)
    • 6.3. Cosmetics & Personal Care
      • 6.3.1. Global Thermoformed Shallow Trays Market By Cosmetics & Personal Care, 2015–2025 (USD Billion)
    • 6.4. Pharmaceuticals
      • 6.4.1. Global Thermoformed Shallow Trays Market By Pharmaceuticals, 2015–2025 (USD Billion)
    • 6.5. Electronics
      • 6.5.1. Global Thermoformed Shallow Trays Market By Electronics, 2015–2025 (USD Billion)
    • 6.6. Industrial Goods
      • 6.6.1. Global Thermoformed Shallow Trays Market By Industrial Goods, 2015–2025 (USD Billion)
  • Chapter 7. Company Profiles
    • 7.1. Bemis Company, Inc.
      • 7.1.1. Overview
      • 7.1.2. Financials
      • 7.1.3. Product Portfulio
      • 7.1.4. Business Strategy
      • 7.1.5. Recent Developments
    • 7.2. Huhtamaki Oyj
      • 7.2.1. Overview
      • 7.2.2. Financials
      • 7.2.3. Product Portfulio
      • 7.2.4. Business Strategy
      • 7.2.5. Recent Developments
    • 7.3. Display Pack, Inc.
      • 7.3.1. Overview
      • 7.3.2. Financials
      • 7.3.3. Product Portfulio
      • 7.3.4. Business Strategy
      • 7.3.5. Recent Developments
    • 7.4. D&W Fine Pack LLC
      • 7.4.1. Overview
      • 7.4.2. Financials
      • 7.4.3. Product Portfulio
      • 7.4.4. Business Strategy
      • 7.4.5. Recent Developments
    • 7.5. Pactiv LLC
      • 7.5.1. Overview
      • 7.5.2. Financials
      • 7.5.3. Product Portfulio
      • 7.5.4. Business Strategy
      • 7.5.5. Recent Development
    • 7.6. Anchor Packaging, Inc.
      • 7.6.1. Overview
      • 7.6.2. Financials
      • 7.6.3. Product Portfulio
      • 7.6.4. Business Strategy
      • 7.6.5. Recent Development
    • 7.7. Tray-Pak Corporation
      • 7.7.1. Overview
      • 7.7.2. Financials
      • 7.7.3. Product Portfulio
      • 7.7.4. Business Strategy
      • 7.7.5. Recent Development
    • 7.8. Sonoco Products Company
      • 7.8.1. Overview
      • 7.8.2. Financials
      • 7.8.3. Product Portfulio
      • 7.8.4. Business Strategy
      • 7.8.5. Recent Development
    • 7.9. Placon Corporation
      • 7.9.1. Overview
      • 7.9.2. Financials
      • 7.9.3. Product Portfulio
      • 7.9.4. Business Strategy
      • 7.9.5. Recent Development

Methodology


Frequently Asked Questions

Massive use of thermoformed shallow trays for packaging food products will steer the expansion of thermoformed shallow trays industry in the years to come. Furthermore, lucrative use of the product in drug packaging & medical device packaging is anticipated to generate lucrative growth avenues for thermoformed shallow trays industry over the assessment period. Apparently, the eco-friendly thermoformed shallow trays that are made from bio-degradable materials like PLA are anticipated to further enlarge the scope of thermoformed shallow trays industry over the forecast timeline. Furthermore, need for providing protection & stability to the items along with reducing their fragility through effective packing has resulted in humungous product popularity globally in the recent years.  

 

According to Zion Market Research report, the global Thermoformed Shallow Trays market, which accrued revenue worth nearly 4.07 (USD Billion) in 2018 and is slated to garner earnings worth 6.10 (USD Billion) by 2025, is set to grow at a CAGR of 5.9% during the period from 2019 to 2025

North America is likely to make noteworthy contributions towards overall Thermoformed Shallow Trays Market revenue over 2019-2025. The growth of the market in the region over estimated timespan can be ascribed to large-scale manufacturing of thin weight thermoformers in the North American sub-continent. The market penetration in the region is likely to gain traction due to the prominent use of product in packaging as a result of its toughness & flexibility. Humungous presence of giant players in the sub-continent will pave a way for the expansion of thermoformed shallow traps industry in North America over the ensuing years.

The key players profiled in the report include Anchor Packaging, Inc., Bemis Company, Inc., Sonoco Products Company, Huhtamaki Oyj, Pactiv LLC, Tray-Pak Corporation, Display Pack, Inc., D&W Fine Pack LLC, and Placon Corporation.
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