Foam Trays Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2009 - 2021
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- Date Submitted: 09/21/2015 02:58 AM
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According to a new market report published by Transparency Market Research “Foam Trays Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2009 - 2021”, the global foam trays market in terms of revenue was valued at US$2 bn in 2009 and is expected to reach US$3 bn by 2021, growing at a CAGR of 3.2% from 2009 to 2021. In terms of volume, global foam trays market was valued at 31.7 bn units in 2009 and is expected to reach 52.8 bn units by 2021, expanding at a CAGR of 4.4% from 2009 to 2021.
Browse The Market Research Report of Foam Trays Market :
http://www.transparencymarketresearch.com/global-foam-trays-market.html
The global foam trays market is expected to witness sluggish growth during the forecast period. Cost effectiveness of foam trays and increasing demand for expanded polystyrene (EPS) foam trays are the major driving factors for the foam trays market. Low labor cost and properties such as light weight, shock absorbent, durable, flexible, and easy to handle among others of foam trays have been promoting the growth of these trays globally.
Get Free Sample Report : http://www.transparencymarketresearch.com/sample/sample.php?flag=s&rep_id=6601
The global foam trays market, by type, can be segmented into polyethylene, polypropylene, polyesters, polystyrene and others. Increasing demand for expanded polystyrene (EPS) foam trays is the major factor behind the growth of polystyrene segment, in terms of both revenue and volume. With rising penetration of food service and take away food services in countries such as India, China and Indonesia among others, the demand for EPS foam trays is also increasing and is expected to accelerate the growth of the foam trays market during the forecast period from 2009 to 2021.
The global foam trays market, by application types, can be divided into four segments: pharmaceutical, food packaging, industrial packaging and others. Food packaging was the largest contributor in global foam trays...
Browse The Market Research Report of Foam Trays Market :
http://www.transparencymarketresearch.com/global-foam-trays-market.html
The global foam trays market is expected to witness sluggish growth during the forecast period. Cost effectiveness of foam trays and increasing demand for expanded polystyrene (EPS) foam trays are the major driving factors for the foam trays market. Low labor cost and properties such as light weight, shock absorbent, durable, flexible, and easy to handle among others of foam trays have been promoting the growth of these trays globally.
Get Free Sample Report : http://www.transparencymarketresearch.com/sample/sample.php?flag=s&rep_id=6601
The global foam trays market, by type, can be segmented into polyethylene, polypropylene, polyesters, polystyrene and others. Increasing demand for expanded polystyrene (EPS) foam trays is the major factor behind the growth of polystyrene segment, in terms of both revenue and volume. With rising penetration of food service and take away food services in countries such as India, China and Indonesia among others, the demand for EPS foam trays is also increasing and is expected to accelerate the growth of the foam trays market during the forecast period from 2009 to 2021.
The global foam trays market, by application types, can be divided into four segments: pharmaceutical, food packaging, industrial packaging and others. Food packaging was the largest contributor in global foam trays...