Global Plastic Ready Meal Trays Market Report Size, Trends & Growth Opportunity, By Material (Polypropylene (PP), Polyethylene Terephthalate (PET) and Others), By Moulding Technology (Injection Moulding and Thermoformed Moulding), By Tray Type (Single Cavity and Multi Cavity), By End Use (Food Producers and Processors, Restaurants, Food Courts, Catering Services and Online Food Delivery) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East & South Africa) and Forecast Till 2030.
Global Plastic Ready Meal Trays Market

The Global Plastic Ready Meal Trays Market is anticipated to grow from an estimated value of USD 8461 million in 2022 to USD 11456 million by 2030, expanding at a CAGR of 3.30 % from 2023 to 2030.
Plastic Meal Trays are trays made of plastic that are used to transport meals and allow for gas and vacuum packaging. Because they are convenient to transport whenever and wherever needed, plastic meal trays are frequently used.
The availability of fast and easy shipping options for food purchases made online is the primary factor driving the growth of the global market for plastic meal trays. The key draw for the user is the packaging, which serves to communicate the brand and message as well as to ensure that the food inside is properly preserved.
Market Drivers

Global Plastic Meal Tray Market expansion has been aided by the necessity for packaged food or ready meals in both developed and emerging economies, which is raising the demand for conveniently available fresh food and frozen food. The necessity for acceptance of ready-to-eat foods has grown as eating patterns alter more and more. The Global Plastic Meal Tray Market is anticipated to expand as a result of the rising need for easy-to-carry packaging choices for differentiating food products based on characteristics like kosher, medicinal, organic, and seasonal goods.

Market Restraints

One of the factors anticipated to restrain the growth of the global plastic meal tray market is the growing emphasis on reducing plastic and developing packs robust enough to safeguard food in various food channels. The growing desire of customers for fibre- and plant-based ready meal trays is another reason that is limiting the growth of the global plastic meal tray market.

Market Segmentation

The Global Plastic Ready Meal Trays Market is segmented into Material (Polypropylene (PP), Polyethylene Terephthalate (PET) and Others), Moulding Technology (Injection Moulding and Thermoformed Moulding), Tray Type (Single Cavity and Multi Cavity), End Use (Food Producers and Processors, Restaurants, Food Courts, Catering Services and Online Food Delivery) and Region (North America, Europe, Asia Pacific, Latin America, Middle East & South Africa).
 
Regional Analysis

Factors like the presence of a sizable population with a busy lifestyle, an increase in the number of online food delivery services, and growing consumer demand for multi-cavity plastic ready meal trays are all factors that are contributing to the growth of the usage of plastic meal trays in the region. Due to safety concerns, the Association for Packaging and Processing Technologies (PMMI) has imposed strict guidelines on the packaging of food that will be supplied to consumers. Additionally, the region's growing meat intake has increased demand for Plastic Meal Tray.

Key Players

The Key Players in the Global Plastic Ready Meal Trays Market are Huhtamäki Oyj , Amcor plc, DS Smith Plc, Sonoco Products, Pactiv LLC, Cambro, Faerch A/S, Quinn Packaging, Genpack and Sealed Air Corporation.

Taxonomy

Material

•        Polypropylene (PP)
•        Polyethylene Terephthalate (PET) 
•        Others 

Moulding Technology

•        Injection Moulding 
•        Thermoformed Moulding

Tray Type

•        Single Cavity 
•        Multi Cavity

End Use

•        Food Producers and Processors
•        Restaurants
•        Food Courts
•        Catering Services 
•        Online Food Delivery

Regional Outlook 

•        North America
•        Europe
•        Asia Pacific
•        Latin America
•        Middle East and South Africa

Global Plastic Ready Meal Trays Market 
1 Introduction         
1.1 Objective the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Tray Type s
3 Executive Summary
4 Plastic Ready Meal Trays Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing economic downturn 
4.2.6 Post covid-19 world Supply& Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Plastic Ready Meal Trays Market, By Material  
5.1 Y-o-Y Growth Comparison, By Material 
5.2 Global Plastic Ready Meal Trays Market Share Analysis, By Material  
5.3 Global Plastic Ready Meal Trays Market Size and Forecast, By Material 
5.3.1 Polypropylene (PP) 
5.3.2 Polyethylene Terephthalate (PET) 
5.3.3 Others 
6. Global Plastic Ready Meal Trays Market, By Moulding Technology 
6.1. Y-o-Y Growth Comparison, By Moulding Technology 
6.2. Global Plastic Ready Meal Trays Market Share Analysis, By Moulding Technology 
6.3 Global Plastic Ready Meal Trays Market Size and Forecast, By Moulding Technology 
6.3.1 Injection Moulding 
6.3.2 Thermoformed Moulding 
7 Global Plastic Ready Meal Trays Market, By Tray Type  
7.1 Y-o-Y Growth Comparison, By Tray Type 
7.2 Plastic Ready Meal Trays Market Share Analysis, By Tray Type  
7.3 Plastic Ready Meal Trays Market Size and Forecast, By Tray Type 
7.3.1 Single Cavity 
7.3.2 Multi Cavity 
8 Global Plastic Ready Meal Trays Market, By End Use 
8.1 Y-o-Y Growth Comparison, By End-user
8.2 Plastic Ready Meal Trays Market Share Analysis, By End Use 
8.3 Plastic Ready Meal Trays Market Size and Forecast, By End Use 
8.3.1 Food Producers and Processors
8.3.2 Restaurants 
8.3.3 Food Court 
8.3.4 Catering Services 
8.3.5 Online Food Delivery
9 Global Plastic Ready Meal Trays Market, By Region
9.1 Global Plastic Ready Meal Trays Market Share Analysis, By Region
9.2 Global Plastic Ready Meal Trays Market Size and Forecast, By Region
10 North America Plastic Ready Meal Trays Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 North America Plastic Ready Meal Trays Market Size and Forecast, By Material 
10.3 North America Plastic Ready Meal Trays Market Size and Forecast, By Moulding Technology 
10.4 North America Plastic Ready Meal Trays Market Size and Forecast, By Tray Type 
10.5 North America Plastic Ready Meal Trays Market Size and Forecast, By End-user
10.6 North America Plastic Ready Meal Trays Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.6.3 Mexico
11 Europe Plastic Ready Meal Trays Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Europe Plastic Ready Meal Trays Market Share Analysis, By Material 
11.3 Europe Plastic Ready Meal Trays Market Size and Forecast, By Moulding Technology 
11.4 Europe Plastic Ready Meal Trays Market Size and Forecast, By Tray Type 
11.5 Europe Plastic Ready Meal Trays Market Size and Forecast, By End-user
11.6 Europe Plastic Ready Meal Trays Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.6.4 Rest of Europe
12 Asia Pacific Plastic Ready Meal Trays Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Asia Pacific Plastic Ready Meal Trays Market Share Analysis, By Material 
12.3 Asia Pacific Plastic Ready Meal Trays Market Size and Forecast, By Moulding Technology 
12.4 Asia Pacific Plastic Ready Meal Trays Market Size and Forecast, By Tray Type 
12.5 Asia Pacific Plastic Ready Meal Trays Market Size and Forecast, By End Use 
12.6 Asia Pacific Plastic Ready Meal Trays Market Size and Forecast, By Country
12.6.1 China        
12.6.2 Japan
12.6.3 India
12.6.4. Rest of Asia Pacific
13 Latin America Plastic Ready Meal Trays Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Latin America Plastic Ready Meal Trays Market Share Analysis, By Material 
13.3 Latin America Plastic Ready Meal Trays Market Size and Forecast, By Moulding Technology 
13.4 Latin America Plastic Ready Meal Trays Market Size and Forecast, By Tray Type 
13.5 Latin America Plastic Ready Meal Trays Market Size and Forecast, By End-user
13.6 Latin America Plastic Ready Meal Trays Market Size and Forecast, By Country
13.6.1. Brazil
13.6.2. Rest of Latin America
14 Middle East Plastic Ready Meal Trays Market Analysis and Forecast (2023-2030)
14.1 Introduction
14.2 Middle East Plastic Ready Meal Trays Market Share Analysis, By Material 
14.3 Middle East Plastic Ready Meal Trays Market Size and Forecast, By Moulding Technology 
14.4 North America Plastic Ready Meal Trays Market Size and Forecast, By Tray Type 
14.5 Middle East Plastic Ready Meal Trays Market Size and Forecast, End-user
14.6 Middle East Plastic Ready Meal Trays Market Size and Forecast, By Country
14.6.1. Saudi Arabia
14.6.2. UAE
14.6.3. Egypt
14.6.4. Kuwait
14.6.5. South Africa
Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16 Company Profiles
16.1 Huhtamäki Oyj
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2. Amcor plc
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3. DS Smith Plc
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 Sonoco Products
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 Pactiv LLC
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 Cambro
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 Faerch A/S
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 Quinn Packaging
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 Genpack
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 Sealed Air Corporation
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies
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