LONDON--(BUSINESS WIRE)--The global rigid plastic food trays market is poised to grow by USD 2.18 billion during 2019-2023, progressing at a CAGR of almost 5% during the forecast period. Request Free Sample Pages
Read the 118-page research report with TOC on "Rigid Plastic Food Trays Market Analysis Report by Material (PET, Polypropylene, and Other materials), by Geography (Americas, APAC, and EMEA), and Segment Forecasts, 2019 - 2023".
The global rise in online food delivery applications and growth in product innovation are anticipated to boost the growth of the market.
The global food delivery and the takeaway market is growing rapidly with the rise in urbanization and busy work schedules. Moreover, rise in new online platforms, presence of highly efficient and good quality food delivery services, and special offers given by the food delivery operators are attracting more customers to place online orders. This is driving the demand for rigid plastic food trays, which are used for packaging and delivering different kinds of food items. Thus, the global rise in online food delivery applications is expected to drive market growth during the forecast period.
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Major Five Rigid Plastic Food Trays Market Companies:
Anchor Packaging is headquartered in the US and offers various disposable products such as foil, film, clamshell, containers, combo packs, hinged, lids, sample kits, wedge, and wrap. The company also offers PETE/RPET and polypropylene trays.
Bemis is headquartered in the US and offers products through the following business units: U.S. Packaging Segment, Latin America Packaging Segment, and Rest of World Packaging Segment. The company also provides rigid packaging trays for the food industry.
Berry Global is headquartered in the US and operates under various business segments, namely Engineered Materials; Health, Hygiene, and Specialties; and Consumer Packaging. The company also offers a wide range of open top and closed top trays in various sizes, designs, and shapes.
Dart Container is headquartered in the US and offers products through the following business segments: Foodservice and Consumer. The company offers various types of rigid plastic trays for food packaging and serving purpose.
Genpak is headquartered in the US and offers products through the Disposables business segment. The company offers various types of rigid plastic trays for food packaging and delivery services.
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Rigid Plastic Food Trays Material Outlook (Revenue, USD Million, 2019 - 2023)
- Other materials
Rigid Plastic Food Trays Regional Outlook (Revenue, USD Million, 2019 - 2023)
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