Aluminum Trays Market Global Industry Analysis, Size, Share and Forecast 2019 to 2027

The aluminum trays market continues to witness strong growth, with a CAGR growth of 5.8% during 2019 and 2027, according to a recent Fact.MR study. The market analysis has revealed that the growing demand of hygienic packaging solutions and extended shelf-life have led to the growth of aluminum trays in the global market. The overall sales of aluminum trays was pegged at around US$ 2.3 Bn in 2018 and likely to grow at a promising rate during the forecast period owing to growing demand for aluminum packaging solutions across the developed as well as developing economies. In addition, the growing market of ready-to-eat meals along with changing consumer preferences are among the key factors anticipated to amplify the overall sales of aluminum trays over the forecast period.

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Rigid Non-Compartmental Aluminum Trays are Making Gains in Several Applications

Fact.MR found that the rigid non-compartmental aluminum trays are being used for several applications in food & beverage industry like a baking tray due to its better heat conductivity. The growing application of rigid non-compartmental aluminum trays at food outlets, where it can be used as take-away containers is expected to increase in the forthcoming years. Manufacturers are also focusing on manufacturing non-compartmental aluminum trays in various sizes and shapes as per the customer’s requirement. For instance, Wyda Packaging (Pty) LTD., a manufacturer of aluminum trays launched W4041 Swiss strudel tray, a new range of aluminum trays used for the baking of baklava, pizza bread and miniature rolls.

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Aluminum Trays Market: In-Depth Assessment on Key Segments-

The global aluminum trays market is segmented by product, capacity, end use and region.

The global aluminum trays market is segmented by product, capacity, end use and region.

Product Rigid Compartmental TraysRigid Non-Compartmental Trays
Capacity Less than 250 Grams250-500 GramsMore Than 500 Grams
End Use QSR & FSRTransportation Catering ServicesInstitutional; Catering ServicesRetail SalesBakery & Confectionery PackagingOther End Use
Region North AmericaLatin AmericaEuropeEast AsiaSouth Asia & OceaniaMEA

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Report Benefits & Key Questions Answered

  •   Aluminum Trays Market Category and segment level analysis: Fact MR provides a detailed analysis of the factors influencing sales growth across key segments. It highlights key growth drivers and provides useful information for identifying sales prospects at the regional and local level.
  •   Aluminum Trays Market Historical volume analysis: The report provides a comparison of   Aluminum Trays Market historical sales and projected sales performance for 2021-2031.
  •   Aluminum Trays Market Manufacturing trend analysis: The report offers a detailed analysis of manufacturing trends in the Aluminum Trays Market It carefully gauges the impact of changing healthcare needs of key demographics globally
  •   Aluminum Trays Market Consumption by demographics: The report investigates consumer behavior affecting   Aluminum Trays Market demand outlook for the assessment period. Effect of their keenness for digital trends on   Aluminum Trays Market is  carefully analyzed

Post COVID consumer spending on   Aluminum Trays Market Consumption: Healthcare industry has been largely influenced by COVID-19 pandemic. The Fact MR Market survey analyzed consumer spending post COVID-19. It assesses how current trends that will influence expenditure on healthcare services, thus affecting Aluminum Trays Market growth

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