Plastic Tray Market Key Insights and Opportunities Expected to Grow Till 2027

Published: Wed Apr 24 2019

Fact.MR has actively published a new research study titled "Plastic Tray Market Key Insights and Opportunities Expected to Grow Till 2027" to its broad online database. This assessment works to discourse the major trends, opportunities and drivers motivating the "Plastic Tray Market" during the period between 2018-2027. The insights structured for presenting the target market are procured from both primary research and secondary research, and are utilized for validation that is valuable to investors, manufacturers and new entrants.

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The black plastic trays found large application in the food industry, especially for packaging ready meals. However, with rising focus on the recyclability of plastic trays, the majority of the companies have stopped using black plastic trays as these trays cannot be recycled due to the presence of carbon black pigment.

However, some companies in the plastic tray market along with government organizations, and other groups are trying to find a new solution and technology to provide black plastic packaging for various food items and other products.

The Waste and Resources Action Programme (WRAP) in the UK worked with key players in the retail supply chain to improve recyclability of black plastics. WRAP is encouraging plastic tray manufacturers to use detectable black colorants that enable black plastic packaging to be recycled.

Meanwhile, RECOUP in the UK has developed black plastic packaging recycling roadmap with an aim to introduce new detectable pigment, and develop a new technology solution to sort existing material for black plastic packaging. RECOUP is also leading a group including packaging manufacturers, retailers, packers, and trade associations.

Major retailers including Tesco, Marks and Spencer, and Sainsbury’s are working with Viridor, a waste management company to come up with a new solution on black plastic recycling.

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Plastic tray is a flat piece of plastic usually with high raised edges used for carrying things, especially food items. Different types of plastic materials are used to manufacture plastic trays such as polystyrene, PVC, polyethylene terephthalate, and polypropylene. Plastic trays are used across various industries such as food & beverages, retail, pharmaceuticals, electronics, industrial goods, and cosmetics.

The report on the plastic tray market provides detailed analysis of the market along with key-insights. The report also highlights various factors influencing market growth such as new developments, on-going research activities, automation and use of new technologies by manufacturers in the plastic tray market.

The numbers in the report are provided in the form of value and volume. The report also offers historical data along with forecast on the plastic tray market.

The plastic tray market has been bifurcated on the basis of material type, form, end user, and region. The key segments are further divided into sub-segments to provide better insights into the market.

The material type in the plastic tray market is segmented into PVC, polypropylene, polyethylene terephthalate, polystyrene, and other materials. Form is categorized into flexible and semi-flexible. By the end-users, the demand for plastic tray can be seen in the food and beverages, industrial goods, electronics, pharmaceuticals, retail, cosmetics and personal care.

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