Global High Barrier Food Trays Market: Introduction
Rising need for food packaging type that prevents the
oxygenation and thus degradation of the packaged food has led to high demand
for high barrier food trays. Barrier packaging types are replacing the
conventional forms of packaging catering to the needs of the end user. High
barrier food trays market is also benefitting from the
increasing market penetration of modern retail formats. Grocery
stores/hypermarkets are winding up particularly supported because of their wide
product range and different choices of premium brands, normally inaccessible in
different sorts of outlets. There likewise has been increase in the number of
rebate stores and private-label items, which empower those on low disposable
income to buy packaged food and drink at more moderate costs which is directly
fuelling the need of the global high barrier food trays market.
Global High Barrier Food Trays Market: Dynamics
The growth of the global high barrier food trays market is
expected to be driven by the soaring demand for packaged food. This growth of
the packaged food can be mainly attributed to growing consumption of dairy
products and ready-to-eat meals. Additionally, rising need for packaging that
aids in increasing the shelf life of the packaged product is also expected to
fuel the demand of the global high barrier food trays market. The introduction
of new packaging formats in the market is expected to provide stiff competition
to high barrier food trays, thus hampering the growth of the global market.
Since, high barrier food trays are made up of multilayer films, their recycling
and disposal poses serious risks to the growth of the global high barrier food
trays market. Manufacturers are also focusing on more sustainable forms of
packaging by creating renewable and biodegradable cellulose-based barrier films
which is expected to open up new market avenues of growth for the global high
barrier food trays market.
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Global High Barrier Food Trays Market: Segmentation
The global high barrier food trays market is segmented on
the basis of packaging film type, material type, end use, and geography.
On the basis of packaging film type, the global high
barrier food trays market is segmented into
- Metallized
Films
- Clear
Films
- Organic
Coating Films
- Inorganic
Coating Films
On the basis of material type, the global high barrier
food trays market is segmented into
- Plastics
- Polyethylene
(PE)
- Polypropylene
(PP)
- Ethylene
Vinyl Alcohol (EVOH)
- Polyvinylidene
Chloride (PVDC)
- Polyamide
(Nylon)
- Polyethylene
Naphthalate (PEN)
- Others
(LCD, PS, PVC, PLA, PA)
- Aluminium
- Oxides
- Aluminium
Oxide
- Silicon
Oxide
On the basis of end use, the global high barrier food
trays market is segmented into
- Meat,
Seafood, and Poultry
- Baby
Food
- Snacks
- Bakery
and Confectionery
- Pet
Food
- Dairy
Food
- Ready
to Eat Meals
Global High Barrier Food Trays Market: Regional Outlook
On the basis of geography, the global high barrier food
trays market is segmented into North America, Europe, Latin America, Asia
Pacific, and Middle East & Africa. Asia Pacific is currently leading the
global high barrier food trays market due to an increasing packaged food market
as well as the rise in the modern retail formats. North America is expected to
follow the Asia Pacific region in terms of market growth. Europe high barrier
food trays market is anticipated to witness moderate growth due to down turns
in the economy in certain regions and comparatively less developed retail
market.
Global High Barrier Food Trays Market: Key Players
Some of the key players operating in the global high barrier
food trays market are Winpak Ltd., Sealed Air Corporation, Silgan
Plastic Food Containers, Coextruded Plastic Technologies, Inc., Ningbo Sunpack
Plastic Co. Ltd., LD Packaging, and Mylan group.
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regional segments are covered comprehensively:
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