The market for fresh produce trays is anticipated to grow at a CAGR of 5% over the course of the forecast period, rising from US$ 136.05 Bn in 2022 to US$ 221.61 Bn in valuation by 2032.
Due to the movement in customer preference from plastic packaging to a sustainable solution in order to appeal to a region’s ecologically conscious consumer base, fresh produce tray sales are anticipated to increase. The aforementioned factors are therefore anticipated to increase demand for fresh produce trays.
Throughout the projection period, rising demand for fresh produce trays and organic fresh food items including fruits, vegetables, and dairy from dieting and health-conscious consumers is projected to increase the market share for these products.
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Fresh Produce Trays Market: Overview
In today’s world, plastic material has emerged as a significant material in the packaging of almost every product right from food to consumer products. Nowadays, different types of packaging are produced for fresh foods such as fruits and vegetables. Fresh produce trays are one such packaging used to deliver fresh products into the market. The good quality fresh produce packaging not only yields grower’s investment, but it also creates an attractive and consistent product which can generate a high level of shelf appeal.
Fresh produce trays are produced with different materials such as cardboard, plastic including polypropylene (PP), polyethylene terephthalate (PET), among others. Growing awareness among consumers towards convenience packaging in the retail market with increased shelf visibility has emerged as a key factor and has witnessed growth in the demand for fresh produce trays. Fresh produce trays are durable and flexible, thus have various applications in the food & beverage packaging sector. Fresh produce trays allow fresh food products such as fruits to be packed at the farm and shipped to the retail stores, supermarkets, and hypermarket among others. The outlook for the fresh produce trays market is expected to be positive during the next decade.
Fresh Produce Trays Market: Dynamics
Fresh produce trays are readily used for packaging as well as storage of both fresh and processed foods. The healthy growth of the food industry across various economies around the globe, fresh produce trays market is expected to witness high growth during the forecast period. Fresh produce trays enhance the shelf life of products and thus attract consumers. Fresh produce trays which are generally used to pack soft fruits, grapes, mushrooms or other vegetable and fruits, their top seal can be provided with various types of perforations.
Today, tray manufacturers are focusing on quality of product and are coming up with a new design that enhances consumer appeal. Fresh produce trays are made up of recyclable material and designed to preserve and protect the freshness of fruits and produce in any situation. These fresh produce trays ensure optimum protection, reduce wastage of food and have a lesser impact on the environment. These factors are expected to drive the growth prospects for fresh produce trays during the next decade. Various countries of the world are fighting with the scarcity of food. Packets and food trays are transferred to such locations. This factor is expected to drive the growth of the global fresh produce trays market during the forecast period.
Regional Outlook
The market for fresh produce trays is expected to expand at a high rate across the globe. It is due to the rising demand for freshly produced goods and products among the consumers. The U.S. is expected to witness high demand for the fresh produce trays owing to the availability of multiple supermarkets which sells fresh vegetables and fruits. In the Asian region, India and China are expected to witness high growth rate in the fresh produce trays market. In these countries, there is a high demand for seasonal fruits and vegetables. It will boost the demand for the fresh produce trays in the region. Similar trends are expected to witness in various European countries. Overall the market is supposed to witness considerable demand across the regions.
Fresh Produce Trays Market: Key Players
Some of the leading players operating in the global fresh produce trays market are:
- DS Smith
- Smurfit Kappa
- ILIP S.r.l.
- Earthpac
- RPPL Industries Ltd.
- Produce Packaging (UK)
- NNZ Group
- Crawford Packaging
- PACCOR Packaging Solutions
- Cascades Inc.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Regions Included:
- North America
- Latin America
- Europe
- Middle East and Africa (MEA)
- East Asia
- South Asia
- Oceania
Fresh Produce Trays Market: Segmentation
Globally, the fresh produce trays market has been segmented on the basis of material type, product type, sales channel, application and region:
On the basis of material type, the global fresh produce trays market has been segmented as:
- Paperboard
- Plastic
- PET
- Polypropylene
On the basis of product type, the global fresh produce trays market has been segmented as:
- Shelf Display Trays
- Standard Trays
- Insert Trays
On the basis of sales channel, the global fresh produce trays market has been segmented as:
- Distributors
- Specialty Stores
- Ecommerce
On the basis of application, the global fresh produce trays market has been segmented as:
- Fruits
- Vegetables
- Sea-food
- Poultry Products
- Others
Report Highlights:
- A detailed overview of parent market
- Changing market dynamics in the industry
- In-depth segmentation of the fresh produce trays market
- Historical, current, and projected fresh produce trays market size regarding volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies for key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on performance of fresh produce trays market
- must-have information for market players to sustain and enhance their footprint in fresh produce trays market
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(1) A complete section of the Global Fresh Produce Trays market report is dedicated to market dynamics, which include influence factors, market drivers, challenges, opportunities, and trends.
(2) Another broad section of the research study is reserved for regional analysis of the Global Fresh Produce Trays market where important regions and countries are assessed for their growth potential, consumption, market share, and other vital factors indicating their market growth.
(3) Players can use the competitive analysis provided in the report to build new strategies or fine-tune their existing ones to rise above market challenges and increase their share of the Global Fresh Produce Trays market.
(4) The report also discusses the competitive situation and trends and sheds light on company expansions and mergers and acquisitions taking place in the Global Fresh Produce Trays market. Moreover, it brings to light the market concentration rate and market shares of top three and five players.
(5) Readers are provided with findings and conclusions of the research study provided in the Global Fresh Produce Trays Market report.
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