NEW YORK, April 14, 2016 /PRNewswire/ -- Foam trays are disposable containers used mainly in food and beverages section. They can be easily customized in any shape as per requirement. The foam trays possess properties such as indulging strength, density, better durability and temperature resistance which can be modified as per the application. Due to such properties use of foam trays has increased during the past years. Foam trays are non-biodegradable which is harmful for the environment. Key buyers of foam trays are packaging suppliers, food and beverage container manufacturers and food service sectors.
This report examines the global foam trays market and provides information regarding the revenue (USD Million) and volume (Kilo Tons) for the period 2014 to 2021. It further elaborates the market drivers which contribute to the growth. It then describes the restraints that are faced by the market. The market is classified into various segments with deep analysis of each segment for the study period.
Low cost of foam trays is driving the growth of foam trays market.
Rising prices of environment friendly materials and infrastructure restraints.
Rising trend of take-away systems in restaurants and busy lifestyles is increasing the demand for foam trays.
Threat from entrants due to price based competition.
Ban on environmentally harmful and non-biodegradable materials in some countries is a restraining factor.
Report includes a detailed analysis on value chain in order to provide a holistic view of the foam trays market. Value chain analysis comprises detailed evaluation of the roles of various players involved in the foam trays market industry, from raw material suppliers to end-users.
Porter's five forces model has been used to depict the impact of various factors such as:
Degree of competition
Bargaining power of suppliers
Threat of substitutes
Bargaining power of buyers
Threat of new entrants during the forecast period
Market attractiveness analysis has been included in order to analyze the application segments that are estimated to be lucrative during the forecast period on the basis of their market size and growth rate. Attractiveness of the market has been derived from market size, profit margin, growth rate, and availability of raw materials, competition, and other factors such as social and legal constraints.
The global foam trays market has further been segmented based on types such as Polyethylene, Polypropylene, Polyester, Polystyrene, Others and the market is further segmented based on application which includes Pharmaceutical, Food Packaging (Meat & Poultry, Dairy Products, Food Service, Fruits & Vegetables, Bakeries and Food Chains), Industrial Packaging and Others. The study provides forecast and estimates market for each type in terms of revenue and volume during the forecast period from 2015 to 2021. Each type has been further analyzed based on regional and country levels from 2014 to 2021 in terms of volume and revenue.
In terms of geography, the foam trays market has been segmented into regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The study provides a detailed view of country-level aspects of the market on the basis of application segments and estimates the market in terms of revenue and volume during the forecast period.
The report also offers a competitive landscape of the overall market with company profiles of players such as Sealed Air Corporation, Pactiv LLC, Anchor Packaging Inc., Placon Corporation Inc., D&W Fine Pack LLC, Coveris Holdings S.A., Genpak LLC, Groupe Guillin SA, Berry Plastics Group, Inc., Ecopax, LLC, Dart Container Corporation and Sirap Group. A detailed description of the each company has been included and includes information in terms of headquarters, inception, stock listing, upcoming capacities, key mergers & acquisitions, financial overview, and recent developments provides a thorough idea about the competitive positioning of market players. The report also provides foam trays market market's Mergers/acquisitions, Partnerships, Collaborations, New product launches, new product developments and other industry developments.
Combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific Details on methodology used for this report can be provided on demand.
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