How has the rigid trays packaging market evolved, and where is it heading next?
The rigid trays packaging market size has grown strongly in recent years. It will grow from $308.58 $ billion in 2024 to $328.19 $ billion in 2025 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to growth in the retail sector, an increase in awareness about food safety, growth in the food and beverage sector, growth in environmental concerns, and a rise in regulations and standards.
The rigid trays packaging market size is expected to see strong growth in the next few years. It will grow to $415.5 $ billion in 2029 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to increasing consumer preference for sustainable packaging solutions, increasing e-commerce sector, increasing consumer demand for convenience packaging, increasing urbanization and lifestyle changes, and increasing globalization and trade. Major trends in the forecast period include the adoption of smart packaging, customized and personalized packaging option, advancements in premium packaging, advancements in barrier technologies, and the adoption of automated manufacturing processes.
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What are the key drivers behind the rapid expansion of the rigid trays packaging market?
The surge in e-commerce is expected to propel the growth of the rigid tray packaging market going forward. E-commerce, or electronic commerce, refers to the buying and selling of goods and services over the Internet. The surge in e-commerce is primarily driven by increased internet accessibility, advancements in technology, and a growing preference for online shopping due to its convenience and wider product selection. Rigid tray packaging in e-commerce is used to securely protect and organize products during transit, ensuring they arrive undamaged and in optimal condition. For instance, in May 2024, according to the United States Census Bureau, a US-based government agency, in the first quarter of 2024, U.S. retail e-commerce sales increased to $289.2 billion, an increase of 2.1% from the fourth quarter of 2023. Therefore, the surge in e-commerce is driving the growth of the rigid tray packaging market.
What is the segmentation for the rigid trays packaging market?
The rigid trays packagingmarket covered in this report is segmented –
1) By Type: Plastic Rigid Trays Packaging, Metal Rigid Trays Packaging
2) By Material: Plastic, Glass, Metal, Paperboard
3) By Application: Pharmaceutical, Food And Beverage, Other Applications
Subsegments:
1) Plastic Rigid Trays Packaging: Thermoformed Plastic Trays, Injection Molded Plastic Trays, Recyclable Plastic Trays
2) Metal Rigid Trays Packaging: Aluminum Trays, Steel Trays, Coated Metal Trays
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Who are the most influential companies in the rigid trays packaging market?
Major companies operating in the rigid trays packaging market are WestRock Company, Ball Corporation, Amcor plc, Berry Global Inc., Smurfit Kappa Group, DS Smith Plc, Graphic Packaging International LLC, Sonoco Products Company, Silgan Holdings Inc., Pactiv Evergeen Inc., Sealed Air Corporation, AptarGroup Inc., Dart Container Corporation, Multivac Group, Klöckner Pentaplast, Printpack Holdings Inc., Winpak Portion Packaging Ltd., Coveris Holdings S.A., Genpak, CKS Packaging Inc., Greiner Packaging International GmbH, D&W Fine Pack, Anchor Packaging LLC, Placon Corporation
What are the most influential trends expected to drive the rigid trays packaging market forward?
Major companies operating in the rigid tray packaging market are focused on developing innovative products, such as compostable trays, to deliver sustainable alternatives to traditional foam trays. Compostable trays are eco-friendly containers designed to break down into organic material through composting processes. For instance, in April 2024, Sabert Corporation, a US-based food packaging company, launched compostable trays. Sabert Corporation’s compostable trays feature renewable and plant-based materials, ensuring that they are environmentally friendly and can completely break down in industrial composting facilities. These trays are designed to be sturdy and durable, providing reliable performance for food service applications. They offer heat tolerance and moisture resistance, making them suitable for a variety of food types. Additionally, the trays meet strict compostability standards, ensuring that they do not leave behind any toxic residues.
What are the major regional insights for the rigid trays packaging market, and which region holds the top position?
Asia-Pacific was the largest region in the rigid trays packaging market in 2024. The regions covered in the rigid trays packaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Rigid Trays Packaging Market Report 2025 Offer?
The rigid trays packaging market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Rigid tray packaging is a type of packaging made from sturdy materials such as plastic, metal, or cardboard, designed to securely hold and protect products during storage and transportation. The rigid structure maintains its shape and provides strong support, often featuring compartments or inserts to keep items organized and prevent movement.
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