Paper and Paperboard Trays Market: Segmental Overviewīy material, the paper and paperboard trays market is segmented into virgin fiber and recycled fiber.
The solution provides a barrier to water, water vapor, and grease directly at the mill and is accessible on an industrial scale and composting characteristics while giving a more sustainable alternative to the currently available options.ĭownload Sample PDF Brochure of Paper and Paperboard Trays Market Size and Growth Research Report at For instance, in 2021, Klabin, Brazilian producer and exporter of paper for packaging and paper packaging, announced investments of US$ 40 million in the technology to apply dispersible barriers in the paperboard used to produce varied kinds of packaging present in everyday life. Anticipating the lucrativeness of the paper trays market and future growth opportunities, manufacturers are introducing a more comprehensive range of paper tray designs, which prove to be a winning product differentiation strategy for paper packaging businesses. A growing consumer preference toward greener packaging solutions drives heavy investments in the paper and paperboard trays market.
Major companies are focused on strategies such as mergers and acquisitions, and product launches to broaden their geographic presence and consumer base globally.Ĭonsumers' growing focus on sustainability leads to investments in new technologies and materials, such as paper trays, including those with recycled content. Huhtamaki, Mondi, UFP Technologies, Pactiv LLC, Hartmann, Orcon Industries Corporation, International Paper, Arthena Superpack Private Limited, Papertech, and Solut are among the key paper and paperboard trays market players.
Paper and Paperboard Trays Market: Competitive Landscape and Key Developments 13, 2021 (GLOBE NEWSWIRE) - Paper and Paperboard Trays Market: Key InsightsĪccording to our new research study on “Paper and Paperboard Trays Market to 2028 – Global Analysis and Forecast – by Material and Application,” the Paper and Paperboard Trays Market Size is projected to reach US$ 7,319.26 million by 2028 from US$ 4,942.09 million in 2021 it is expected to register a CAGR of 5.8% from 2021 to 2028. The Paper and Paperboard Trays Market Size and Growth impelled by rising requirement for a flexible and environment-friendly packaging for beverages and food, as well as vigorous consumer goods, growing demand for sustainable products and investments in paper and paperboard trays.
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