Thermoformed Shallow Trays Market

Thermoformed Shallow Trays Market (Material Type - Plastic (Polyethylene Terephthalate, Poly vinyl chloride, Polypropylene, Polyethylene, and Polystyrene) and Paper-based Laminates; Application Type - Food (Meat, Poultry, and Seafood, Bakery Products, Dairy Products, Snacks, and Food Services), Pharmaceuticals, Cosmetics and Personal Care, Industrial Goods, and Electronics) - Global Industry Analysis, Size, Share, Volume, Growth, Trends, and Forecast 2016 - 2024

Global Thermoformed Shallow Trays Market: Snapshot

Thermoformed shallow trays are shallow thermoformed containers used for packaging purposes such as carrying, organizing, display, shipping, and storage of consumer as well as industrial goods. Thermoformed shallow trays are made using plastic as well as paper-based laminates with the help of the thermoforming process wherein, a plastic or paper based laminate sheet of particular size is clamped in place, heated to a softening temperature, and forced against a mould with the help of air or vacuum pressure or mechanical means. Thermoformed shallow trays are mainly used in application including food, pharmaceutical, cosmetic and personal care, industrial goods, and electronics.

In the past few years, thermoformed shallow trays have emerged as a key packaging solution under the thermoformed packaging product portfolio. The global thermoformed shallow trays market is characterized by market players targeting key market segments by leveraging customization competencies in manufacturing thermoformed shallow trays. Transparency Market Research estimates that the market will continue to expand at a healthy pace in the next few years. Expected to exhibit a CAGR of 5.3% during the forecast period 2016-2024, the market is projected to rise from a valuation of US$4.0 bn in 2016 to US$6.1 bn by 2024.

thermoformed shallow trays market

Plastic to Remain Most Preferred Raw Material to Manufacture Thermoformed Shallow Trays

On the basis of type of material used to manufacture thermoformed shallow trays, the global thermoformed shallow trays market has been segmented in the report into plastic and paper-based laminates. Of these, the segment of plastic is presently the most preferred material for manufacturing thermoformed shallow trays and is expected to remain so over the forecast period as well. Thermoformed shallow trays made of plastics are expected to sustain their market preference due to favorable thermoforming attributes of plastic, easy and abundant availability, and low cost.

The segment of paper-based thermoformed shallow trays is expected to expand at a below average CAGR of 3.3% over the forecast period. Paper-based thermoformed shallow trays chiefly suffer from their limited scope of end-use applications. The segment accounted for a meagre 4.4% of the overall revenue of the global thermoformed shallow tray market in 2016 and is expected to further suffer a loss in its share in the global market by the end of the forecast period.

North America to Retain Position as Leading Revenue Contributor

In terms of geography, the market in North America is presently the dominant contributor of revenue to the global thermoformed shallow trays market. The strong position of North America in the global thermoformed shallow trays market can be attributed to the robust manufacturing capabilities of thin gauge thermoformers in the region. The region is also expected to retain its top spot over the forecast period, exhibiting a CAGR of 5.3%.

The market in APAC region is expected to dominate in terms of growth rate in the global thermoformed shallow trays market over the forecast period. The region is expected to attract investments from companies targeting the growth opportunities arising from the thriving retail and foodservice sectors. The market for thermoformed shallow trays in the APAC region is also expected to constitute the second largest share in the global market by the end of the forecast period.

The Europe market for thermoformed shallow trays is expected to grow at a CAGR of 4.9% with sales particularly concentrated in Germany and U.K. Spain and Italy markets are expected to witness healthy growth due to presence of considerable number of thermoform packaging manufacturers.

Some of the leading companies operating in the global thermoformed shallow trays market are Pactiv LLC, D&W Fine Pack LLC, Anchor Packaging, Inc., Display Pack, Inc., Tray-Pak Corporation, Huhtamaki Oyj, Sonoco Products Company, Bemis Company, Inc., and Placon Corporation.

Ubiquitous Utilization across Varied Applications to Influence Growth of Thermoformed Shallow Trays Market

The growing demand for thermoformed shallow trays due to the wide range of advantages they provide while shipping goods may serve as a prime growth factor for the thermoformed shallow trays market during the assessment period of 2016-2024. The rising influence of thermoformed shallow trays as a prominent packaging solution across a large number of end-users may prove to be a promising growth factor.

  • Thermoformed shallow trays are used for organizing, shipping, storing, and carrying consumer as well as industrial goods. These trays are made with the help of plastic and laminates. Precisely, they are shallow thermoformed trunks used for a plethora of packaging purposes. The easy and widespread availability of these trays is a vital factor that will help in improving the growth rate of the thermoformed shallow trays market to a great extent.
  • The growing utilization of thermoformed shallow trays across applications in industrial goods, electronics, pharmaceuticals, cosmetic and personal care, and others may bring tremendous growth opportunities for the thermoformed shallow trays market. The increasing influence of the food and beverages sector in various regions will have a positive effect on the growth of the thermoformed shallow trays market. These trays are used on a large scale across the food and beverage sector.
  • The novel coronavirus pandemic has negatively impacted the growth of the thermoformed shallow trays market. The closure of manufacturing facilities and production units has resulted in tremendous losses across various sectors. The demand for thermoformed shallow trays was decreased substantially due to the closure of factories. Thus, this aspect affected the growth of the thermoformed shallow trays market to a certain extent. Disruptions in supply chain and logistics also impacted the growth of the thermoformed shallow trays market considerably.
  • The relaxation in lockdown restrictions will serve as a golden opportunity for the thermoformed shallow trays market to revive lost growth.

Global Thermoformed Shallow Trays Market: Segmentation

In order to understand and assess opportunities in this market, the report is categorically divided into three key sections on the basis of material type, application type and region. The report analyses the global thermoformed shallow trays market in terms of value (US$ Mn) and volume (Thousand MT)

By Material Type

  • Plastic
    • Polyethylene terephthalate (PET)
    • Poly vinyl chloride (PVC)
    • Polypropylene (PP)
    • Polyethylene (PE)
    • Polystyrene (PS)
    • Others
  • Paper based Laminates

By Application Type

  • Food
    • Meat, poultry & seafood
    • Bakery products
    • Dairy products
    • Snacks
    • Food services
    • Others
  • Pharmaceuticals
  • Cosmetics & personal care
  • Industrial goods
  • Electronics

By Region

  • North America
  • Latin America
  • Europe
  • Middles East and Africa (MEA)
  • Asia Pacific (APAC)

    1. Executive Summary

    2. Market Introduction
         2.1. Market Definition
         2.2. Market Taxonomy

    3. Thermoformed Shallow Trays Market Overview
         3.1. Thermoformed Shallow Trays Market (US$ Mn) and Forecast

    4. Thermoformed Shallow Trays Market Analysis Scenario
         4.1. Market Size (US$ Mn) and Forecast
                4.1.1. Market Size and Y-o-Y Growth
                4.1.2. Absolute $ Opportunity
         4.2. Market Value Chain

    5. Market Dynamics
         5.1. Drivers
         5.2. Restraints
         5.3. Opportunity
         5.4. Trends

    6. Global Thermoformed Shallow Trays Market Analysis and Forecast, By Material Type
         6.1. Introduction
                6.1.1. Market share and Basis Points (BPS) Analysis By Material Type
                6.1.2. Y-o-Y Growth Projections By Material Type
         6.2. Market Size (US$ Mn) and Volume (Tons) Forecast, By Material Type
                6.2.1. Plastic
                          6.2.1.1. PET
                          6.2.1.2. PVC
                          6.2.1.3. PP
                          6.2.1.4. PE
                          6.2.1.5. PS
                          6.2.1.6. Others 
                6.2.2. Paper based laminates 
         6.3. Market Attractiveness Analysis By Material Type

    7. Global Thermoformed Shallow Trays Market Analysis and Forecast, By Application Type
         7.1. Introduction
                7.1.1. Market share and Basis Points (BPS) Analysis By Application Type
                7.1.2. Y-o-Y Growth Projections By Application Type
         7.2. Market Size (US$ Mn) and Volume (Tons) Forecast, By Application Type
                7.2.1. Food
                          7.2.1.1. Meat, Poultry, Seafood
                          7.2.1.2. Bakery Products
                          7.2.1.3. Dairy Products
                          7.2.1.4. Snacks
                          7.2.1.5. Food Services
                          7.2.1.6. Others
                7.2.2. Pharmaceuticals
                7.2.3. Cosmetics and Personal Care
                7.2.4. Industrial Goods
                7.2.5. Electronics 
         7.3. Market Attractiveness Analysis Application Type

    8. Global Thermoformed Shallow Trays Market Analysis and Forecast, By Region
         8.1. Introduction
                8.1.1. Market share and Basis Points (BPS) Analysis By Region
                8.1.2. Y-o-Y Growth Projections By Region
         8.2. Market Size (US$ Mn) and Volume (Tons) Forecast By Region
                8.2.1. North America
                8.2.2. Europe
                8.2.3. Asia Pacific 
                8.2.4. Latin America
                8.2.5. Middle East and Africa (MEA)
         8.3. Market Attractiveness Analysis By Region

    9. North America Thermoformed Shallow Trays Market Analysis and Forecast
         9.1. Introduction
                9.1.1. Market share and Basis Points (BPS) Analysis By Country
                9.1.2. Y-o-Y Growth Projections By Country
                9.1.3. Key Regulations
         9.2. Market Size (US$ Mn) and Volume (Tons) Forecast By Country
                9.2.1. U.S.
                9.2.2. Canada
         9.3. Market Size (US$ Mn) and Volume (Tons) Forecast By Material Type
                9.3.1. Plastic
                          9.3.1.1. PET
                          9.3.1.2. PVC
                          9.3.1.3. PP
                          9.3.1.4. PE
                          9.3.1.5. PS
                          9.3.1.6. Others 
                9.3.2. Paper based laminates 
         9.4. Market Size (US$ Mn) and Volume (Tons) Forecast By Application Type
                9.4.1. Food
                          9.4.1.1. Meat, Poultry, Seafood
                          9.4.1.2. Bakery Products
                          9.4.1.3. Dairy Products
                          9.4.1.4. Snacks
                          9.4.1.5. Food Services
                          9.4.1.6. Others
                9.4.2. Pharmaceuticals
                9.4.3. Cosmetics and Personal Care
                9.4.4. Industrial Goods
                9.4.5. Electronics
         9.5. Market Attractiveness Analysis
                9.5.1. By Country
                9.5.2. By Material Type
                9.5.3. By Application Type

    10. Latin America Thermoformed Shallow Trays Market Analysis and Forecast
         10.1. Introduction
                10.1.1. Market share and Basis Points (BPS) Analysis By Country
                10.1.2. Y-o-Y Growth Projections By Country
                10.1.3. Key Regulations
         10.2. Market Size (US$ Mn) and Volume (Tons) Forecast By Country
                10.2.1. Brazil
                10.2.2. Mexico
                10.2.3.  Argentina 
                10.2.4.  Rest of Latin America
         10.3. Market Size (US$ Mn) and Volume (Tons) Forecast By Material Type
                10.3.1. Plastic
                          10.3.1.1. PET
                          10.3.1.2. PVC
                          10.3.1.3. PP
                          10.3.1.4. PE
                          10.3.1.5. PS
                          10.3.1.6. Others 
                10.3.2. Paper based laminates 
         10.4. Market Size (US$ Mn) and Volume (Tons) Forecast By Application Type
                10.4.1. Food
                          10.4.1.1. Meat, Poultry, Seafood
                          10.4.1.2. Bakery Products
                          10.4.1.3. Dairy Products
                          10.4.1.4. Snacks
                          10.4.1.5. Food Services
                          10.4.1.6. Others
                10.4.2. Pharmaceuticals
                10.4.3. Cosmetics and Personal Care
                10.4.4. Industrial Goods
                10.4.5. Electronics
         10.5. Market Attractiveness Analysis
                10.5.1. By Country
                10.5.2. By Material Type
                10.5.3. By Application Type 

    11. Europe Thermoformed Shallow Trays Market Analysis and Forecast
         11.1. Introduction
                11.1.1. Market share and Basis Points (BPS) Analysis By Country
                11.1.2. Y-o-Y Growth Projections By Country
                11.1.3. Key Regulations
         11.2. Market Size (US$ Mn) and Volume (Tons) Forecast By Country
                11.2.1. Germany
                11.2.2. Spain
                11.2.3. Italy
                11.2.4. France
                11.2.5. U.K.
                11.2.6. BENELUX
                11.2.7. Russia
                11.2.8. Rest of Europe
         11.3. Market Size (US$ Mn) and Volume (Tons) Forecast By Material Type
                11.3.1. Plastic
                          11.3.1.1. PET
                          11.3.1.2. PVC
                          11.3.1.3. PP
                          11.3.1.4. PE
                          11.3.1.5. PS
                          11.3.1.6. Others 
                11.3.2. Paper based laminates 
         11.4. Market Size (US$ Mn) and Volume (Tons) Forecast By Application Type
                11.4.1. Food
                          11.4.1.1. Meat, Poultry, Seafood
                          11.4.1.2. Bakery Products
                          11.4.1.3. Dairy Products
                          11.4.1.4. Snacks
                          11.4.1.5. Food Services
                          11.4.1.6. Others
                11.4.2. Pharmaceuticals
                11.4.3. Cosmetics and Personal Care
                11.4.4. Industrial Goods
                11.4.5. Electronics
         11.5. Market Attractiveness Analysis
                11.5.1. By Country
                11.5.2. By Material Type
                11.5.3. By Application Type

    12. Asia Pacific Anti-counterfeit Beverage Packaging  Market Analysis and Forecast
         12.1. Introduction
                12.1.1. Market share and Basis Points (BPS) Analysis By Country
                12.1.2. Y-o-Y Growth Projections By Country
                12.1.3. Key Regulations
         12.2. Market Size (US$ Mn) and Volume (Tons) Forecast By Country
                12.2.1. China
                12.2.2. India
                12.2.3. Japan
                12.2.4. ASEAN
                12.2.5. Australia and New Zealand
                12.2.6. Rest of APAC
         12.3. Market Size (US$ Mn) and Volume (Tons) Forecast By Material Type
                12.3.1. Plastic
                          12.3.1.1. PET
                          12.3.1.2. PVC
                          12.3.1.3. PP
                          12.3.1.4. PE
                          12.3.1.5. PS
                          12.3.1.6. Others 
                12.3.2. Paper based laminates 
         12.4. Market Size (US$ Mn) and Volume (Tons) Forecast By Application Type
                12.4.1. Food
                          12.4.1.1. Meat, Poultry, Seafood
                          12.4.1.2. Bakery Products
                          12.4.1.3. Dairy Products
                          12.4.1.4. Snacks
                          12.4.1.5. Food Services
                          12.4.1.6. Others
                12.4.2. Pharmaceuticals
                12.4.3. Cosmetics and Personal Care
                12.4.4. Industrial Goods
                12.4.5. Electronics
         12.5. Market Attractiveness Analysis
                12.5.1. By Country
                12.5.2. By Material Type
                12.5.3. By Application Type 

    13. Middle East and Africa Anti-counterfeit Beverage Packaging  Market Analysis and Forecast
         13.1. Introduction
                13.1.1. Market share and Basis Points (BPS) Analysis By Country
                13.1.2. Y-o-Y Growth Projections By Country
                13.1.3. Key Regulations
         13.2. Market Size (US$ Mn) and Volume (Tons) Forecast By Country
                13.2.1. North Africa
                13.2.2. South Africa
                13.2.3. GCC countries
                13.2.4. Rest of MEA
         13.3. Market Size (US$ Mn) and Volume (Tons) Forecast By Material Type
                13.3.1. Plastic
                          13.3.1.1. PET
                          13.3.1.2. PVC
                          13.3.1.3. PP
                          13.3.1.4. PE
                          13.3.1.5. PS
                          13.3.1.6. Others 
                13.3.2. Paper based laminates 
         13.4. Market Size (US$ Mn) and Volume (Tons) Forecast By Application Type
                13.4.1. Food
                          13.4.1.1. Meat, Poultry, Seafood
                          13.4.1.2. Bakery Products
                          13.4.1.3. Dairy Products
                          13.4.1.4. Snacks
                          13.4.1.5. Food Services
                          13.4.1.6. Others
                13.4.2. Pharmaceuticals
                13.4.3. Cosmetics and Personal Care
                13.4.4. Industrial Goods
                13.4.5. Electronics
         13.5. Market Attractiveness Analysis
                13.5.1. By Country
                13.5.2. By Material Type
                13.5.3. By Application Type

     

    14. Competitive Landscape
         14.1. Competition Dashboard
         14.2. Company Market Share Analysis
         14.3. Company Profiles 
                14.3.1. Pactiv LLC
                          14.3.1.1 Company Overview
                          14.3.1.2 Financials
                          14.3.1.3 Recent Developments
                          14.3.1.4 SWOT Analysis
                          14.3.1.5 Strategic Overview
                14.3.2. D&W Fine Pack LLC 
                          14.3.2.1 Company Overview
                          14.3.2.2 Financials
                          14.3.2.3 Recent Developments
                          14.3.2.4 SWOT Analysis
                          14.3.2.5 Strategic Overview
                14.3.3. Anchor Packaging, Inc. 
                          14.3.3.1 Company Overview
                          14.3.3.2 Financials
                          14.3.3.3 Recent Developments
                          14.3.3.4 SWOT Analysis
                          14.3.3.5 Strategic Overview
                14.3.4. First Pack LLC
                          14.3.4.1 Company Overview
                          14.3.4.2 Financials
                          14.3.4.3 Recent Developments
                          14.3.4.4 SWOT Analysis
                          14.3.4.5 Strategic Overview
                14.3.5. Display Pack, Inc. 
                          14.3.5.1 Company Overview
                          14.3.5.2 Financials
                          14.3.5.3 Recent Developments
                          14.3.5.4 SWOT Analysis
                          14.3.5.5 Strategic Overview
                14.3.6. Tray-Pak Corporation 
                          14.3.6.1 Company Overview
                          14.3.6.2 Financials
                          14.3.6.3 Recent Developments
                          14.3.6.4 SWOT Analysis
                          14.3.6.5 Strategic Overview
                14.3.7. Huhtamaki Oyj 
                          14.3.7.1 Company Overview
                          14.3.7.2 Financials
                          14.3.7.3 Recent Developments
                          14.3.7.4 SWOT Analysis
                          14.3.7.5 Strategic Overview
                14.3.8. Sonoco Products Company
                          14.3.8.1 Company Overview
                          14.3.8.2 Financials
                          14.3.8.3 Recent Developments
                          14.3.8.4 SWOT Analysis
                          14.3.8.5 Strategic Overview
                14.3.9. Bemis Company, Inc. 
                          14.3.9.1 Company Overview
                          14.3.9.2 Financials
                          14.3.9.3 Recent Developments
                          14.3.9.4 SWOT Analysis
                          14.3.9.5 Strategic Overview
                14.3.10. Placon Corporation 
                          14.3.10.1 Company Overview
                          14.3.10.2 Financials
                          14.3.10.3 Recent Developments
                          14.3.10.4 SWOT Analysis
                          14.3.10.5 Strategic Overview

    15. Assumptions and Acronyms Used

    16. Research Methodology

    List of Tables

    Table 01: Global Thermoformed Shallow Trays Market Value (US$ Mn), By Material Type, 2015–2024
    Table 02: Global Thermoformed Shallow Trays Market Volume (Thousand MT), By Material Type, 2015–2024
    Table 03: Global Thermoformed Shallow Trays Market Value (US$ Mn), By Application Type, 2015–2024
    Table 04: Global Thermoformed Shallow Trays Market Volume (Thousand MT), By Application Type, 2015–2024
    Table 05: Global Thermoformed Shallow Trays Market Value (US$ Mn), By Region, 2015–2024
    Table 06: Global Thermoformed Shallow Trays Market Volume (Thousand MT), By Region, 2015–2024
    Table 07: North America Thermoformed Shallow Trays Market Value (US$ Mn), By Material Type, 2015–2024
    Table 08: North America Thermoformed Shallow Trays Market Volume (Thousand MT), By Material Type, 2015–2024
    Table 09: North America Thermoformed Shallow Trays Market Value (US$ Mn), By Application Type, 2015–2024
    Table 10: North America Thermoformed Shallow Trays Market Volume (Thousand MT), By Application Type, 2015–2024
    Table 11: North America Thermoformed Shallow Trays Market Value (US$ Mn), By Region, 2015–2024
    Table 12: North America Thermoformed Shallow Trays Market Volume (Thousand MT), By Region, 2015–2024
    Table 13: Latin America Thermoformed Shallow Trays Market Value (US$ Mn), By Material Type, 2015–2024
    Table 14: Latin America Thermoformed Shallow Trays Market Volume (Thousand MT), By Material Type, 2015–2024
    Table 15: Latin America Thermoformed Shallow Trays Market Value (US$ Mn), By Application Type, 2015–2024
    Table 16: Latin America Thermoformed Shallow Trays Market Volume (Thousand MT), By Application Type, 2015–2024
    Table 17: Latin America Thermoformed Shallow Trays Market Value (US$ Mn), By Region, 2015–2024
    Table 18: Latin America Thermoformed Shallow Trays Market Volume (Thousand MT), By Region, 2015–2024
    Table 19: Europe Thermoformed Shallow Trays Market Value (US$ Mn), By Material Type, 2015–2024
    Table 20: Europe Thermoformed Shallow Trays Market Volume (Thousand MT), By Material Type, 2015–2024
    Table 21: Europe Thermoformed Shallow Trays Market Value (US$ Mn), By Application Type, 2015–2024
    Table 22: Europe Thermoformed Shallow Trays Market Volume (Thousand MT), By Application Type, 2015–2024
    Table 23: Europe Thermoformed Shallow Trays Market Value (US$ Mn), By Region, 2015–2024
    Table 24: Europe Thermoformed Shallow Trays Market Volume (Thousand MT), By Region, 2015–2024
    Table 25: APAC Thermoformed Shallow Trays Market Value (US$ Mn), By Material Type, 2015–2024
    Table 26: APAC Thermoformed Shallow Trays Market Volume (Thousand MT), By Material Type, 2015–2024
    Table 27: APAC Thermoformed Shallow Trays Market Value (US$ Mn), By Application Type, 2015–2024
    Table 28: APAC Thermoformed Shallow Trays Market Volume (Thousand MT), By Application Type, 2015–2024
    Table 29: APAC Thermoformed Shallow Trays Market Value (US$ Mn), By Region, 2015–2024
    Table 30: APAC Thermoformed Shallow Trays Market Volume (Thousand MT), By Region, 2015–2024\
    Table 31: MEA Thermoformed Shallow Trays Market Value (US$ Mn), By Material Type, 2015–2024
    Table 32: Latin America Thermoformed Shallow Trays Market Volume (Thousand MT), By Material Type, 2015–2024
    Table 33: MEA Thermoformed Shallow Trays Market Value (US$ Mn), By Application Type, 2015–2024
    Table 34: Latin America Thermoformed Shallow Trays Market Volume (Thousand MT), By Application Type, 2015–2024
    Table 35: MEA Thermoformed Shallow Trays Market Value (US$ Mn), By Region, 2015–2024
    Table 36: MEA Thermoformed Shallow Trays Market Volume (Thousand MT), By Region, 2015–2024

     

    List of Figures

    Figure 01: Global Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), 2015–2024
    Figure 02: Global Thermoformed Shallow Trays Market Absolute $ Opportunity Analysis, 2016-2024
    Figure 03: Global Thermoformed Shallow Trays Market Y-O-Y Growth, 2016-2024
    Figure 04: Global Thermoformed Shallow Trays Market Share and BPS Analysis, By Material Type, 2016 & 2024
    Figure 05: Global Thermoformed Shallow Trays Market Y-o-Y Growth, By Material Type, 2016-2024
    Figure 06: Global Plastic Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), Plastic Segment, 2015-2024
    Figure 07: Global Plastic Thermoformed Shallow Trays Market Absolute $ Opportunity, Plastic Segment, 2016-2024
    Figure 08: Global Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), PET 2015-2024
    Figure 09: Global Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), PVC, 2015-2024
    Figure 10: Global Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), PP, 2015-2024
    Figure 11: Global Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), PE, 2015-2024
    Figure 12: Global Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), PS, 2015-2024
    Figure 13: Global Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), Others, 2015-2024
    Figure 14: Global Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), Paper based laminates Segment, 2015-2024
    Figure 15: Global Thermoformed Shallow Trays Market Absolute $ Opportunity, Paper based laminates Segment, 2016-2024
    Figure 16: Global Thermoformed Shallow Trays Market Attractiveness Index by Material Type, 2016
    Figure 17: Global Thermoformed Shallow Trays Market Share and BPS Analysis, By Application Type, 2016 & 2024
    Figure 18: Global Thermoformed Shallow Trays Market Y-o-Y Growth, By Application Type, 2016-2024
    Figure 19: Global Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), Food Segment, 2015-2024
    Figure 20: Global Plastic Thermoformed Shallow Trays Market Absolute $ Opportunity, Food Segment, 2016-2024
    Figure 21: Global Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), Meat, Poultry, Seafood Sub-Segment 2015-2024
    Figure 22: Global Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), Bakery Products Sub-Segment 2015-2024
    Figure 23: Global Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), Dairy Products Sub-Segment 2015-2024
    Figure 24: Global Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), Snacks Sub-Segment 2015-2024
    Figure 25: Global Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), Food Services Sub-Segment 2015-2024
    Figure 26: Global Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), Others Sub-Segment 2015-2024
    Figure 27: Global Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), Pharmaceutical Segment, 2015-2024
    Figure 28: Global Thermoformed Shallow Trays Market Absolute $ Opportunity, Pharmaceutical Segment, 2016-2024
    Figure 29: Global Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), Cosmetics and Personal Care Segment, 2015-2024
    Figure 30: Global Thermoformed Shallow Trays Market Absolute $ Opportunity, Cosmetics and Personal Care Segment, 2016-2024
    Figure 31: Global Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), Industrial goods Segment, 2015-2024
    Figure 32: Global Thermoformed Shallow Trays Market Absolute $ Opportunity, Industrial goods Segment, 2016-2024
    Figure 33: Global Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), Electronics, 2015-2024
    Figure 34: Global Thermoformed Shallow Trays Market Absolute $ Opportunity, Electronics, 2016-2024
    Figure 35: Global Thermoformed Shallow Trays Market Attractiveness Index By Application Type, 2016
    Figure 36: Global Thermoformed Shallow Trays Market Share and BPS Analysis, By Region, 2016 & 2024
    Figure 37: Global Thermoformed Shallow Trays Market Y-o-Y Growth, By Region, 2016-2024
    Figure 38: Global Thermoformed Shallow Trays Market Attractiveness Index By Region, 2016
    Figure 39: North America Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), 2015-2024
    Figure 40: North America Plastic Thermoformed Shallow Trays Market Absolute $ Opportunity, 2016-2024
    Figure 41: North America Thermoformed Shallow Trays Market Share and BPS Analysis, By Country, 2016 & 2024
    Figure 42: North America Thermoformed Shallow Trays Market Y-o-Y Growth, By Country, 2016-2024
    Figure 43: North America Thermoformed Shallow Trays Market Value (US$ Mn) Forecast, By Country, 2015-2024
    Figure 44: North America Thermoformed Shallow Trays Market Volume (Thousand MT) Forecast, By Country, 2015-2024
    Figure 45: North America Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), Plastic, 2015-2024
    Figure 46: North America Thermoformed Shallow Trays Market Absolute $ Opportunity, Plastic, 2016-2024
    Figure 47: North America Thermoformed Shallow Trays Market Value (US$ Mn) Forecast, Plastic Sub-Segments, 2015-2024
    Figure 48: North America Thermoformed Shallow Trays Volume (Thousand MT) Forecast, Plastic Sub-Segments, 2015-2024
    Figure 49: North America Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), Paper based laminates, 2015-2024
    Figure 50: North America Thermoformed Shallow Trays Market Absolute $ Opportunity, Paper based laminates, 2016-2024
    Figure 51: North America Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), Food Segment, 2015-2024
    Figure 52: North America Thermoformed Shallow Trays Market Absolute $ Opportunity, Food Segment, 2016-2024
    Figure 53: North America Thermoformed Shallow Trays Market Value (US$ Mn) Forecast, By Food Sub-Segments, 2015-2024
    Figure 54: North America Thermoformed Shallow Trays Volume (Thousand MT) Forecast, By Food Sub-Segments, 2015-2024
    Figure 55: North America Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), Pharmaceutical Segment, 2015-2024
    Figure 56: North America Thermoformed Shallow Trays Market Absolute $ Opportunity, Pharmaceutical Segment, 2016-2024
    Figure 57: North America Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), Cosmetics and Personal Care Segment, 2015-2024
    Figure 58: North America Thermoformed Shallow Trays Market Absolute $ Opportunity, Cosmetics and Personal Care Segment, 2016-2024
    Figure 59: North America Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), Industrial goods Segment, 2015-2024
    Figure 60: North America Thermoformed Shallow Trays Market Absolute $ Opportunity, Industrial goods Segment, 2016-2024
    Figure 61: North America Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), Electronics, 2015-2024
    Figure 62: North America Thermoformed Shallow Trays Market Absolute $ Opportunity, Electronics, 2016-2024
    Figure 63: North America Thermoformed Shallow Trays Market Attractiveness Analysis, By Country, 2016
    Figure 64: North America Thermoformed Shallow Trays Market Attractiveness Analysis, By Material Type, 2016
    Figure 65: North America Thermoformed Shallow Trays Market Attractiveness Analysis, By Application Type, 201665
    Figure 66: Latin America Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), 2015-2024
    Figure 67: Latin America Thermoformed Shallow Trays Market Absolute $ Opportunity, 2016-2024
    Figure 68: Latin America Thermoformed Shallow Trays Market Share and BPS Analysis, By Country, 2016 & 2024
    Figure 69: Latin America Thermoformed Shallow Trays Market Y-o-Y Growth, By Country, 2016-2024
    Figure 70: Latin America Thermoformed Shallow Trays Market Value (US$ Mn) Forecast, By Country, 2015-2024
    Figure 71: Latin America Thermoformed Shallow Trays Market Volume (Thousand MT) Forecast, By Country, 2015-2024
    Figure 72: Latin America Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), Plastic, 2015-2024
    Figure 73: Latin America Thermoformed Shallow Trays Market Absolute $ Opportunity, Plastic, 2016-2024
    Figure 74: Latin America Thermoformed Shallow Trays Market Value (US$ Mn) Forecast, Plastic Sub-Segments, 2015-2024
    Figure 75: Latin America Thermoformed Shallow Trays Volume (Thousand MT) Forecast, Plastic Sub-Segments, 2015-2024
    Figure 76: Latin America Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), Paper based laminates, 2015-2024
    Figure 77: Latin America Thermoformed Shallow Trays Market Absolute $ Opportunity, Paper based laminates, 2016-2024
    Figure 78: Latin America Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), Food Segment, 2015-2024
    Figure 79: Latin America Thermoformed Shallow Trays Market Absolute $ Opportunity, Food Segment, 2016-2024
    Figure 80: Latin America Thermoformed Shallow Trays Market Value (US$ Mn) Forecast, By Food Sub-Segments, 2015-2024
    Figure 81: Latin America Thermoformed Shallow Trays Volume (Thousand MT) Forecast, By Food Sub-Segments, 2015-2024
    Figure 82: Latin America Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), Pharmaceutical Segment, 2015-2024
    Figure 83: Latin America Thermoformed Shallow Trays Market Absolute $ Opportunity, Pharmaceutical Segment, 2016-2024
    Figure 84: Latin America Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), Cosmetics and Personal Care Segment, 2015-2024
    Figure 85: Latin America Thermoformed Shallow Trays Market Absolute $ Opportunity, Cosmetics and Personal Care Segment, 2016-2024
    Figure 86: Latin America Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), Industrial goods Segment, 2015-2024
    Figure 87: Latin America Thermoformed Shallow Trays Market Absolute $ Opportunity, Industrial goods Segment, 2016-2024
    Figure 88: Latin America Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), Electronics, 2015-2024
    Figure 89: Latin America Thermoformed Shallow Trays Market Absolute $ Opportunity, Electronics, 2016-2024
    Figure 90: Latin America Thermoformed Shallow Trays Market Attractiveness Analysis, By Country, 2016
    Figure 91: Latin America Thermoformed Shallow Trays Market Attractiveness Analysis, By Material Type, 2016
    Figure 92: Latin America Thermoformed Shallow Trays Market Attractiveness Analysis, By Application Type, 2016
    Figure 93: Europe Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), 2015-2024
    Figure 94: Europe Thermoformed Shallow Trays Market Absolute $ Opportunity, 2016-2024
    Figure 95: Europe Thermoformed Shallow Trays Market Share and BPS Analysis, By Country, 2016 & 2024
    Figure 96: Europe Thermoformed Shallow Trays Market Y-o-Y Growth, By Country, 2016-2024
    Figure 97: Europe Thermoformed Shallow Trays Market Value (US$ Mn) Forecast, By Country, 2015-2024
    Figure 98: Europe Thermoformed Shallow Trays Market Volume (Thousand MT) Forecast, By Country, 2015-2024
    Figure 99: Europe Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), Plastic, 2015-2024
    Figure 100: Europe Thermoformed Shallow Trays Market Absolute $ Opportunity, Plastic, 2016-2024
    Figure 101: Europe Thermoformed Shallow Trays Market Value (US$ Mn) Forecast, Plastic Sub-Segments, 2015-2024
    Figure 102: Europe Thermoformed Shallow Trays Volume (Thousand MT) Forecast, Plastic Sub-Segments, 2015-2024
    Figure 103: Europe Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), Paper based laminates, 2015-2024
    Figure 104: Europe Thermoformed Shallow Trays Market Absolute $ Opportunity, Paper based laminates, 2016-2024
    Figure 105: Europe Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), Food Segment, 2015-2024
    Figure 106: Europe Thermoformed Shallow Trays Market Absolute $ Opportunity, Food Segment, 2016-2024
    Figure 107: Europe Thermoformed Shallow Trays Market Value (US$ Mn) Forecast, By Food Sub-Segments, 2015-2024
    Figure 108: Europe Thermoformed Shallow Trays Volume (Thousand MT) Forecast, By Food Sub-Segments, 2015-2024
    Figure 109: Europe Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), Pharmaceutical Segment, 2015-2024
    Figure 110: Europe Thermoformed Shallow Trays Market Absolute $ Opportunity, Pharmaceutical Segment, 2016-2024
    Figure 111: Europe Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), Cosmetics and Personal Care Segment, 2015-2024
    Figure 112: Europe Thermoformed Shallow Trays Market Absolute $ Opportunity, Cosmetics and Personal Care Segment, 2016-2024
    Figure 113: Europe Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), Industrial goods Segment, 2015-2024
    Figure 114: Europe Thermoformed Shallow Trays Market Absolute $ Opportunity, Industrial goods Segment, 2016-2024
    Figure 115: Europe Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), Electronics, 2015-2024
    Figure 116: Europe Thermoformed Shallow Trays Market Absolute $ Opportunity, Electronics, 2016-2024
    Figure 117: Europe Thermoformed Shallow Trays Market Attractiveness Analysis, By Country, 2016
    Figure 118: Europe Thermoformed Shallow Trays Market Attractiveness Analysis, By Material Type, 2016
    Figure 119: Europe Thermoformed Shallow Trays Market Attractiveness Analysis, By Application Type, 2016
    Figure 120: APAC Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), 2015-2024
    Figure 121: APAC Thermoformed Shallow Trays Market Absolute $ Opportunity, 2016-2024
    Figure 122: APAC Thermoformed Shallow Trays Market Share and BPS Analysis, By Country, 2016 & 2024
    Figure 123: APAC Thermoformed Shallow Trays Market Y-o-Y Growth, By Country, 2016-2024
    Figure 124: APAC Thermoformed Shallow Trays Market Value (US$ Mn) Forecast, By Country, 2015-2024
    Figure 125: APAC Thermoformed Shallow Trays Market Volume (Thousand MT) Forecast, By Country, 2015-2024
    Figure 126: APAC Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), Plastic, 2015-2024
    Figure 127: APAC Thermoformed Shallow Trays Market Absolute $ Opportunity, Plastic, 2016-2024
    Figure 128: APAC Thermoformed Shallow Trays Market Value (US$ Mn) Forecast, Plastic Sub-Segments, 2015-2024
    Figure 129: APAC Thermoformed Shallow Trays Volume (Thousand MT) Forecast, Plastic Sub-Segments, 2015-2024
    Figure 130: APAC Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), Paper based laminates, 2015-2024
    Figure 131: APAC Thermoformed Shallow Trays Market Absolute $ Opportunity, Paper based laminates, 2016-2024
    Figure 132: APAC Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), Food Segment, 2015-2024
    Figure 133: APAC Thermoformed Shallow Trays Market Absolute $ Opportunity, Food Segment, 2016-2024
    Figure 134: APAC Thermoformed Shallow Trays Market Value (US$ Mn) Forecast, By Food Sub-Segments, 2015-2024
    Figure 135: APAC Thermoformed Shallow Trays Volume (Thousand MT) Forecast, By Food Sub-Segments, 2015-2024
    Figure 136: APAC Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), Pharmaceutical Segment, 2015-2024
    Figure 137: APAC Thermoformed Shallow Trays Market Absolute $ Opportunity, Pharmaceutical Segment, 2016-2024
    Figure 138: APAC Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), Cosmetics and Personal Care Segment, 2015-2024
    Figure 139: APAC Thermoformed Shallow Trays Market Absolute $ Opportunity, Cosmetics and Personal Care Segment, 2016-2024
    Figure 140: APAC Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), Industrial goods Segment, 2015-2024
    Figure 141: APAC Thermoformed Shallow Trays Market Absolute $ Opportunity, Industrial goods Segment, 2016-2024
    Figure 142: APAC Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), Electronics, 2015-2024
    Figure 143: APAC Thermoformed Shallow Trays Market Absolute $ Opportunity, Electronics, 2016-2024
    Figure 144: APAC Thermoformed Shallow Trays Market Attractiveness Analysis, By Country, 2016
    Figure 145: APAC Thermoformed Shallow Trays Market Attractiveness Analysis, By Material Type, 2016
    Figure 146: APAC Thermoformed Shallow Trays Market Attractiveness Analysis, By Application Type, 2016
    Figure 147: MEA Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), 2015-2024
    Figure 148: MEA Thermoformed Shallow Trays Market Absolute $ Opportunity, 2016-2024
    Figure 149: MEA Thermoformed Shallow Trays Market Share and BPS Analysis, By Country, 2016 & 2024
    Figure 150: MEA Thermoformed Shallow Trays Market Y-o-Y Growth, By Country, 2016-2024
    Figure 151: MEA Thermoformed Shallow Trays Market Value (US$ Mn) Forecast, By Country, 2015-2024
    Figure 152: MEA Thermoformed Shallow Trays Market Volume (Thousand MT) Forecast, By Country, 2015-2024
    Figure 153: MEA Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), Plastic, 2015-2024
    Figure 154: MEA Thermoformed Shallow Trays Market Absolute $ Opportunity, Plastic, 2016-2024
    Figure 155: MEA Thermoformed Shallow Trays Market Value (US$ Mn) Forecast, Plastic Sub-Segments, 2015-2024
    Figure 156: MEA Thermoformed Shallow Trays Volume (Thousand MT) Forecast, Plastic Sub-Segments, 2015-2024
    Figure 157: MEA Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), Paper based laminates, 2015-2024
    Figure 158: MEA Thermoformed Shallow Trays Market Absolute $ Opportunity, Paper based laminates, 2016-2024
    Figure 159: MEA Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), Food Segment, 2015-2024
    Figure 160: MEA Thermoformed Shallow Trays Market Absolute $ Opportunity, Food Segment, 2016-2024
    Figure 161: MEA Thermoformed Shallow Trays Market Value (US$ Mn) Forecast, By Food Sub-Segments, 2015-2024
    Figure 162: MEA Thermoformed Shallow Trays Volume (Thousand MT) Forecast, By Food Sub-Segments, 2015-2024
    Figure 163: MEA Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), Pharmaceutical Segment, 2015-2024
    Figure 164: MEA Thermoformed Shallow Trays Market Absolute $ Opportunity, Pharmaceutical Segment, 2016-2024
    Figure 165: MEA Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), Cosmetics and Personal Care Segment, 2015-2024
    Figure 166: MEA Thermoformed Shallow Trays Market Absolute $ Opportunity, Cosmetics and Personal Care Segment, 2016-2024
    Figure 167: MEA Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), Industrial goods Segment, 2015-2024
    Figure 168: MEA Thermoformed Shallow Trays Market Absolute $ Opportunity, Industrial goods Segment, 2016-2024
    Figure 169: MEA Thermoformed Shallow Trays Market Value (US$ Mn) and Volume (Thousand MT), Electronics, 2015-2024
    Figure 170: MEA Thermoformed Shallow Trays Market Absolute $ Opportunity, Electronics, 2016-2024
    Figure 171: MEA Thermoformed Shallow Trays Market Attractiveness Analysis, By Country, 2016
    Figure 172: MEA Thermoformed Shallow Trays Market Attractiveness Analysis, By Material Type, 2016
    Figure 173: MEA Thermoformed Shallow Trays Market Attractiveness Analysis, By Application Type, 2016
    Figure 174: Thermoformed Shallow Trays Market, Market Share Analysis

     

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