According to Publisher, the Global Dual-Ovenable Trays & Containers market is accounted for $1,425.2 million in 2017 and is expected to reach $2,050.2 million by 2026 growing at a CAGR of 4.1% during the forecast period. Some of the key factors such as rising demand for convenient packaging, increase in the adoption of ready-to-eat meals and consumers busy lifestyle are boosting the market growth. However, fluctuations in raw material prices are restraining market growth.
Most plastics deform at high temperatures but dual-ovenable trays & containers can resist when heat applications are high and are bakeable in any conventional or microwave oven without melting or de-forming. They keep the oven clean and preserve the food contained in it. The material used for the dual-ovenable trays & containers provides outstanding shelf life extension and appearance appeal.
Based on material, the CPET (Crystalline Polyethylene Terephthalate) segment accounted for considerable market share during the forecast period. CPET is the most versatile option for ready meals attributed to easily seal and most affordable. CPET trays withstand temperatures from -40 to +220? C. By geography, North America held the largest market share during the forecast period in the region due to an increase in the consumption of ready-to-eat meals.
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Some of the key players profiled in this market include Bemis Company, Inc., Sealed Air Corporation, Dupont Teijin Films, Genpak, LLC, Evergreen Packaging, Inc., Sonoco Products Company, Oliver Packaging & Equipment Co., MCP Performance Plastic Ltd, CiMa-Pak Corporation, PinnPACK Packaging LLC, PAC Food Pty Ltd., Sanplast Ltd, Pactiv LLC and Plastic Package, Inc.
– Polypropylene (PP)
– Crystalline Polyethylene Terephthalate (C-PET)
– Polyethylene (PE)
– Amorphous Polyethylene Terephthalate (A-PET)
– Other Materials
End Users Covered:
– Snacks food
– Frozen Food
– Meat, Seafood & Poultry
– Ready to eat meals
– Bakery Products
– Other End Users
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– Market share assessments for the regional and country level segments
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
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