According to the latest market report
published by Transparency Market Research titled ‘Dual-Ovenable Trays
& Containers Market: Global Industry Analysis and Forecast
2018-2026,” the global dual-ovenable trays & containers market
is estimated to be valued at US$ 1,554.5 Mn in 2018 and is expected to
grow at a CAGR of 3.3% during the forecast period (2018-2026).
The global dual-ovenable trays &
containers market has witnessed lucrative growth during the past few
decades owing to increase in the demand for convenient packaging
solutions. The global dual-ovenable trays & containers market by
product type has been segmented into trays, bowls, clamshells, and lids.
By material type, the global
dual-ovenable trays & containers market is segmented into
paperboard, C-PET, A-PET, PP, PE, and others. Among material type
segments, the C-PET segment is expected to dominate the market
throughout the forecast period with an estimated market share of 88.7%
in 2018. The A-PET segment is estimated to register a CAGR of 2.8 %
during the forecast period. The C-PET segment is expected to create an
incremental $ opportunity of US$ 411.0 Mn during the forecast period.
This segment is estimated to register a value of US$ 1,378.4 Mn in 2018
and is expected to reach 1,789.4 Mn during the forecast period. The
others segment is estimated to register a CAGR of 2.1 % during the
forecast period.
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By end use, the dual-ovenable trays &
containers market is segmented into meat, seafood, and poultry, snacks
food, ready-to-eat meals, frozen food, bakery products, and others.
Among end-use segments, the ready-to-eat meals segment is estimated to
dominate the market during the forecast period with an estimated market
value of 47.1% in 2018. This segment is expected to create an
incremental $ opportunity of US$ 243.3 Mn during the forecast period.
The frozen food segment is estimated to reach an estimated market value
of 25.0% in 2026.
Market players profiled in this report
include Færch Plast A/S; Sealed Air Corporation; Bemis Company, Inc.;
DuPont Teijin Films U.S. Limited Partnership; Sabert Corporation;
Genpak, LLC; Sonoco Products Company; Pactiv LLC; Evergreen Packaging,
Inc.; Oliver Packaging & Equipment Co.; Portage Plastics
Corporation; MCP Performance Plastic Ltd.; Plastic Package, Inc.; Point
Five Packaging LLC; CiMa-Pak Corporation; PinnPACK Packaging LLC; PAC
Food Pty Ltd.; and Sanplast Ltd.
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