Sealed Tray Food Packaging Market: Overview
Sealed tray food packaging is widely used for packaging of food stuff in food and beverages industry to fulfill the packaging requirements. The food industry manufacturers have to confirm the integrity of the packaging to reduce the leakage sensitivity. The shape of sealed trays vary in size (length, width, depth, volume) and made up of thermoform to pack the meal firmly in the tray. Key manufacturers of sealed trays provide to ensure high quality so that there is no compromise in the health of their customers. For this reason, food industry focuses to test the quality of the sealed trays before the food gets packed.
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Global Sealed Tray Food Packaging Market: Dynamics
The key factors which drive the global sealed food packaging market are rapidly growing travel and tourism industry along with rising preference for packaged food products among consumers across the globe. The macroeconomic factors which drive the global sealed tray food packaging market are emerging economies such as China, Brazil and India, a rapid rate of urbanization and rising per capita income of consumers. Another factor which fuels the global sealed tray food packaging market is robust growth in the packaging industry, owing to its significant demand for packaging of food and beverages products. In addition, robust growth in online foods start-up across the globe leads the global sealed tray food packaging market towards the growth over the forecast period. Furthermore, rising industrialization along with growing health consciousness among consumers across the globe is one of the major factors which drive the global sealed tray food packaging market due to its high demand in various industries for packaged foods. The key restraining factors such as government regulation related to usage of the sealed tray food packaging and high labor cost in North America region that hinder the growth of the global sealed tray food packaging market over the forecast period.
Global Sealed Tray Food Packaging Market: Segmentation
Global sealed tray food packaging market is segmented by material type, technology type, and region.
Based on the material type, global sealed tray food packaging market is classified as follows:
- Plastic
- Paper and Paperboard
- Others
Based on technology type, global sealed tray food packaging market is classified as follows:
- Thermoforming
- Injection
- Cold forming
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Global Sealed Tray Food Packaging Market: Key Players
Few prominent players of the global sealed tray food packaging market are Cima-Pak Corporation, Oliver Packaging & Equipment Company, RH packaging Ltd., silver plastics GmbH & Co. KG, Avoncourt Packaging Ltd., Winpack Ltd, The key manufacturers are focusing on new product launch to expand its market position across the globe. For instance, in the year silver plastics GmbH & Co. KG has launched airPET, a sealed tray which is heat resistant. This product can be used in the micro-oven.
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