Paper Trays Market Research Investigates World Market Analysis 2018 to 2027
The report on paper trays market is a comprehensive compilation of various factors impacting the demand and sale of paper trays across several application areas. The paper trays market report covers key dynamics reflecting various growth drivers, restraints, opportunities and trends influencing the demand for paper trays worldwide. In addition, information on regional acceptance and sales of paper trays is also covered in the paper trays market report. The paper trays market report also includes historical sales data of paper trays, current paper trays scenario and future demand and sales of paper trays across key countries in the globe. It can help market players to modify their important business strategies to achieve positive growth in the paper trays market in the near future.
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Leaders in Paper Trays Market to Consolidate Their Position in Developed Countries, while Tapping Opportunities on Asia Pacific
Tier one companies in the paper trays market, namely, Mondi Group Plc, Huhtamaki Oyj and Billerud AB, are consolidating their positions in the developed countries. Collectively accounting for over 15 percent of the overall paper trays market, these companies have their grounds set up in the North America region and Europe respectively.
However, these companies have been focusing on emerging economies in the Asia Pacific, such as China and India, in a bid to expand their footprint at the international level. Moreover, tapping huge growth potential in Asia Pacific with respect to sales potential of paper trays has been the focal point of tier 1 companies.
The paper trays market structure is detailed that includes every angle of the paper trays market. This detailed segmentation of paper trays market provides holistic view to the reader. The paper trays market is structure on the basis of source, by material type, by end use and by region. The source segment includes analysis on virgin fiber paper trays and recycled fiber paper trays. The material type includes intelligence on paper trays manufactured from corrugated boards, boxboards/cartons and molded pulp. End use applications of paper trays such as retail based uses, food products, beverage products, personal care and cosmetics, healthcare products and consumer durables and electronic products are covered in the paper trays market report.
Competitive Landscape
The report on paper trays market includes detailed assessment and business outlook of key companies involved in the manufacturing and distribution of paper trays. Key facets of the paper trays market competition landscape such as SWOT analysis, product portfolio, developments, acquisitions, strategies and key financials are covered. Key manufacturers of paper trays such as Colpac Ltd., Mondi Group Plc., Huhtamaki Oyj, and International Paper have been profiled in the report.
Key players in the paper trays market are initiating joint ventures and acquisitions in a bid to cater to growing needs of new clientele. Huhtamaki Oyj has initiated a joint venture with CupPrint, wherein it acquires majority of shares (70%). Main focus behind this US$ 22 million acquisition is to enhance Huhtamaki’s digitalization competences. This acquisition in the paper trays space can facilitate reduced lead times and benefits of Huhtamaki’s financial strength and global footprint.
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