Rigid packaging market plays an important role in the overall packaging market, it accounts for over 2/3rd
of the world packaging market and to tap the potential of this market,
packaging manufacturers are providing innovative packaging solutions. Rigid trays packaging
are used in packaging for fresh food as well as processed food.
Manufacturers are focusing on increasing shelf life of the product and
rigid trays are extensively used in such packaging solutions for example
MAP and vacuum skin packaging.
The commonly used raw material for
manufacturing rigid tray are PP and PET. Due to the properties like
durability and moisture resistance manufacturers are preferring rigid
trays to provide packaging. Rigid trays are being used in various
end-use industry like Food, pharmaceutical industry and electrical &
electronics.
Use of rigid trays for packaging of food
products is the key factor driving the demand in rigid trays market.
Other important factor fueling the growth of rigid tray packaging market
is the increasing penetration of modern retail outlets, especially in
APEJ region. In addition, fast changing lifestyles in developing
economies translates to increase in the number of people adopting
on-the-go food consumption habits, which is increasing demand for
ready-to-eat meals, thereby reinforcing the global rigid trays market.
Also, there has been an increase in the
number of online food delivery services in emerging economies has which
has led to growing demand for rigid trays. With the increase in trend of
ready to eat meals the demand of rigid trays is boosting in Western
Europe region. The added advantage like reusability of rigid trays is
driving the rigid trays market. Another important property shown by
rigid trays is ease in product handling thus enabling consumers to carry
the product from one place to another.
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Rigid trays are commonly manufactured
from plastics which is a major cause of environmental pollution. Strict
government regulations regarding the usage of plastic for food packaging
may hinder the growth of rigid tray market in Asia Pacific region.
However, on the backdrop of increasing use of rigid tray in the
pharmaceutical industry can provide new growth opportunities for rigid
trays market.
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