Global Foam Tray Market to Grow 3.52% CAGR to 2021 – Analysis of DuPont, Novipax, Reynolds Group Holdings, and Sealed Air

MarketResearchNest.com adds “Global Foam Tray Market 2017-2021” new reports to its research database. The report spread across 90 pages with tables and figures in it.

The research analysts forecast the global foam tray market to grow at a CAGR of 3.52% during the period 2017-2021.

Foam trays are mainly used in the packaging of food and are disposable after use. The foam trays find extensive application in the pharmaceuticals and industrial packaging. The trays are more appealing and attractive, besides protecting the food product from bacterial growth. The trays are available at minimal cost, in different shapes and colors, as per requirement. These trays are manufactured with good electricity insulation properties. They are resistant to moisture and help to package foods like red meat, poultry, and pork which produces meat purge. This helps to maintain the freshness and quality of food while moving from the producers to end-users along the supply chain.

Get more details about report at https://www.marketresearchnest.com/global-foam-tray-market-2017-2021.html .

Technavio recognizes the following companies as the key players in the global foam tray market: DuPont, Novipax, Reynolds Group Holdings, and Sealed Air.

Other Prominent Vendors in the market are: Anchor Packaging, Berry Global, Coveris, Dart Container Corporation, D&W Fine Pack, Ecopax, Genpak, Placon, and Sirap Gema SpA.

The latest trend gaining momentum in the market is Demand for small sized or single serving packs. The demand for single serving packaged food has been increasing due to various reasons. The hectic schedules of the working population and the need for adequate quantities of food suiting individual needs are the major factors contributing to the demand for individual packaging. The growing number of single-person households is also affecting the demand for small sized or single serving packaging. In addition, there is a significant growth in the demand for convenient food packages in the market. This kind of packaging enables users to store food products for a longer time, due to improved shelf life.

Order a Purchase Report Copy at https://www.marketresearchnest.com/purchase.php?reportid=264815 . (This is premium report, Single User License – USD 3500 and Corporate User License – USD 6000)

According to the report, one of the major drivers for this market is Increasing food safety issues. Food safety issues have been on the rise, turning out to be a growing concern. With the increasing globalization of food supply, the chances of food contamination are high, demanding enhanced food safety systems. These food safety issues arise due to food contamination and deterioration occurring at some point in the supply chain. Contamination can occur due to microbial growth, toxic chemicals or radioactive substances. This has affected the health of end-users consuming the food due to the presence of potentially harmful bacteria and viruses.

Further, the report states that one of the major factors hindering the growth of this market is Environmental effects of plastic. Plastics are produced from petroleum and natural gases, that are non-renewable resources extracted using energy intensive processes that harm the ecosystem. The process of manufacturing of plastics pollutes the environment and affects the health of the workers exposed to chemicals like carcinogens. In addition, the production of plastics results in the emission of harmful gases like sulfur oxides, nitrous oxides, methanol, and ethylene oxide among others.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Inquire before buying this report at https://www.marketresearchnest.com/enquirybuy.php?reportid=264815 .

MarketResearchNest.com is the most comprehensive collection of market research products and services on the Web. We offer reports from almost all top publishers and update our collection on daily basis to provide you with instant online access to the world’s most complete and recent database of expert insights on global industries, organizations, products, and trends.

Mr. Jeet Jain
Sales Manager
sales@marketresearchnest.com
+1-240-284-8070 / +44-20-3290-4151

This release was published on openPR.