The foam tray market will explode worldwide and witness an exponential

foam tray market

Global Foam Trays Market Report 2022 – Global Market Size, Trends and Forecasts 2022-2026 by The Business Research Company is the most comprehensive report available on this market, with analysis of historical and forecasted market growth, the drivers and constraints that cause it, and highlights the opportunities that companies in the sector can seize. The Foam Trays Market research report helps in gaining a truly global perspective of the Foam Trays industry as it covers 60 geographies globally. Regional and country breakdowns give an analysis of the market in each geography, with market size information by region and country.

Regions covered in Foam Trays market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. Among these regions, North America Asia-Pacific accounts for the largest foam tray market share.

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The foam tray market includes sales of foam trays by entities (organizations, individual merchants, and partnerships) that are used to serve take-out food in restaurants. The foam works as a good thermal insulator, making the container simple to transport while keeping food at the temperature it was when it was filled, whether hot or cold. Foam trays are primarily used in the food packaging industry to prevent liquids from seeping into packaged foods and beverages.

Major competitors in the foam tray market are Sealed Air Corporation, Pactiv, Anchor Packaging LLC, Placon Corporation Inc, D&W Fine Pack LLC, Coveris Holdings SA, Genpak LLC, Groupe Guillin SA, Berry Global, Ecopax LLC, Dart Container, Reynolds Group Holdings Limited, Sirap Group, Novipax, CKF Inc. and Falcon Pack.

The global foam trays market size is expected to grow from USD 2.19 billion in 2021 to USD 2.39 billion in 2022 at a compound annual growth rate (CAGR) of 8.9%. The global foam tray market size is expected to reach USD 2.98 billion in 2026 with a CAGR of 5.7%.

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The TBRC report segments the global foam tray market:
1) By material: polyethylene, polypropylene, polyester, polystyrene, others
2) By type of cover: food grade, industrial grade
3) By application: pharmaceutical, food and beverage, industrial, other

Read further on the foam tray market here:

The table of contents includes:
1. Summary
2. Characteristics of the Foam Trays Market
3. Foam Trays Market Trends and Strategies
4. Impact of COVID-19 on foam trays
5. Foam Trays Market Size and Growth
27. Foam Trays Market Competitive Landscape and Company Profiles
28. Key mergers and acquisitions in the foam trays market
29. Foam Trays Market Future Prospects and Potential Analysis
30. Annex

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This press release was published on openPR.

Lee J. Murillo