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The Global Rigid Plastic Food Trays Market (2019-2023): Leading Players are Anchor Packaging, Bemis, Berry Global, Dart Container, and Genpak - ResearchAndMarkets.com

January 11, 2019

DUBLIN--(BUSINESS WIRE)--Jan 11, 2019--The “Global Rigid Plastic Food Trays Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.

With the increasing health and environmental concerns due to the high use of plastics, the bio-based plastics are increasingly being used for manufacturing food-service disposables.

Over the years, several types of bioplastics have emerged and is available in the market. For instance, Polylactide (PLA) is a biodegradable and bioactive thermoplastic aliphatic polyester, which is produced from corn starch, sugarcane, cassava roots, chips, or starch.

With this increasing adoption of PLA in the manufacturing of food disposables, there will be a decrease in demand for rigid plastic in the food disposables market. This, in turn, will affect the growth of the global rigid plastic food trays market during the forecast period.

Nevertheless, the rigid plastic trays market is expected to grow at a CAGR of almost 5% by 2023.

The global rise in online food delivery applications

The rise in urbanization and busy work schedules in cities has triggered the growth of global food delivery and the takeaway market.

Combine this with the easy access to mobile phones and the growing Internet technologies, the market for food delivery is at its all-time high. This, in turn, has led to an increase in the dark kitchens, which provide food for online deliveries.

Consequently, the growing online food delivery applications will drive the global rigid plastic food trays market.

The high cost of recycling food service disposables

The recycling of various food service disposables such as plastic containers and food trays requires high capital, owing to the various costs such as procurement cost, energy expenditure, and value of scrap. This is proving to be a major challenge for the growth of the global rigid plastic food trays market.

Key Players

Anchor Packaging Bemis Berry Global Dart Container Genpak

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

PART 04: MARKET SIZING

PART 05: FIVE FORCES ANALYSIS

PART 06: MARKET SEGMENTATION BY MATERIAL

Market segmentation by material Comparison by material PET - Market size and forecast 2018-2023 PP - Market size and forecast 2018-2023 Other materials - Market size and forecast 2018-2023 Market opportunity by material

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

PART 09: DRIVERS AND CHALLENGES

PART 10: MARKET TRENDS

Increased use of bioplastics Increase in market consolidation Growth in product innovation

PART 11: VENDOR LANDSCAPE

PART 12: VENDOR ANALYSIS

Vendors covered Vendor classification Market positioning of vendors Anchor Packaging Bemis Berry Global Dart Container Genpak

For more information about this report visit https://www.researchandmarkets.com/research/fmw388/the_global_rigid?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20190111005194/en/

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Related Topics:Food Service,Plastics

KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS RETAIL FOOD/BEVERAGE

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 01/11/2019 08:43 AM/DISC: 01/11/2019 08:43 AM

http://www.businesswire.com/news/home/20190111005194/en

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