Press release
North America Paper & Paperboard Trays Market and Future Drives By Top Players Huhtamaki, Mondi, Pactiv Evergreen Inc, UFP Technologies Inc, Hartmann
The Paper & Paperboard Trays Market in North America is expected to grow from US$ 1,204.26 million in 2021 to US$ 1,693.49 million by 2028; it is estimated to grow at a CAGR of 5.0% from 2021 to 2028.The factors such as the increasing working population, busy lifestyles, rapid urbanization, and changing taste preferences have generated a great demand for ready-to-eat food products. Moreover, the demand for these products has risen steeply during the COVID-19 pandemic, which has encouraged food manufacturers to come up with a wide range of packaging innovations. Ovenable packaging is among the most progressive innovation in this segment. Ovenable paper and paper-board trays are used to provide chilled, fresh, and frozen ready-to-eat meals at both the retail and foodservice levels.
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North America Paper & Paperboard Trays Market Segment by Manufacturers includes:
Huhtamaki
Mondi
Pactiv Evergreen Inc.
UFP Technologies, Inc.
Hartmann
International Paper
PaperTech
SOLUT!
Orcon Industries
North America Paper & Paperboard Trays Market -By Material
Virgin Fiber
Recycled Fiber
North America Paper & Paperboard Trays Market -By Application
Food and Beverages
Consumer Electronics
Personal Care and Cosmetics
Healthcare
Others
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Based on material, the virgin fiber segment accounted for the largest share of the North America paper & paperboard trays market in 2020. Based on application, the food and beverages segment accounted for the largest share of the North America paper & paperboard trays market in 2020.
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Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form North America paper & paperboard trays market
Obtain market revenue forecast for market by various segments from 2019-2028 in North America region.
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