Global Foam Trays Market

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Transparency Market

Research

TMR|Global Foam Trays Market Overview 2021

Published Date

2015-09-18

158 Page Report

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Report Title

Foam Trays Market - Global Industry Analysis, Size, Share,

Growth, Trends and Forecast 2009 - 2021

Transparency Market Research

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Foam Trays

REPORT DESCRIPTION

Foam Trays Market - Global Industry Analysis and Forecast 2009 - 2021

According to a recent market study released by Transparency Market Research, the global foam

trays market will expand at a CAGR of 3.20% from 2009 to 2021. As such, the valuation of the

market will increase from US$2 bn in 2009 to US$3 bn by 2021. By volume, the global foam trays

market will expand at a CAGR of 4.40% from 2009 to 2021, which will result in the market’s total

volume amounting to 52.8 bn units by 2021, increasing from 31.7 bn units in 2009.The report,

titled “Foam Trays Market - Global Industry Analysis, Size, Share, Growth, Trends and

Forecast 2009 - 2021”, is available for sale on the company website.

Retail market for global foam trays industry has been covered under the scope of this report.

Foam trays are used for varied applications such as food service, meat packaging, test tube

holder and small tools packaging among others. The low cost and convenient usage of foam

trays have helped in the popularization of their applications across food packaging industry

verticals.

The global foam trays market is primarily driven by the cost effectiveness of foam trays,

convenience in usage and disposability. The process cycle of foam formation is less complex and

consists of fewer number of phases compared to the production of plastics through the

polymerization process. Moreover, labor cost involved in the production of foam is low, which in

turn reduces the overall cost of...