Bakeable Trays Market, by Product Type (Single Corrugated, Double Corrugated, and Others), by Compartment (One, Two, Three, and Others), by Application (Pharmaceutical, Food & Beverages, Cosmetics & Personal Care, Logistics & Transportation, and Others), and by Region (North America, South America, Europe, Asia Pacific, Middle East, and Africa) – Size, Share, Outlook, and Opportunity Analysis, 2018 – 2026

  • To Be Published : Jul 2019 |
  • Format : CMI Insight PPT Format CMI Insight PDF Format

Bakeable trays or direct-to-oven trays are used to cook food in oven at high temperature. Although metals were initially used to manufacture bakeable trays, now corrugated paper cardboard are used. Corrugated paper cardboard is light and waterproof as well as heat resistant and can sustain temperature up to 220?C. Bakeable trays allow to store, transport, and sell food products in just one container, which minimizes the packaging and product cost.

Market Dynamics:-

Bakeable trays are majorly used in food & beverages industry for the packaging of ready-to-eat or convenience foods. These trays are also used to roast and bake pizzas, meat steaks, confectionary items, pasta, and other food products. Growing urbanization, changing lifestyle and increasing working population have led to high preference for processed and convenience food products. This in turn is expected to propel demand for bakeable trays over the forecast period. According to the United Nations Development Program, working population in Asia Pacific is expected to increase to 4.8 billion by 2050, accounting for 68% of the total regional population.

Market Outlook:-

Asia Pacific is expected to hold dominant position in the global bakeable trays market, owing to growing pharmaceuticals and food & beverages industry in emerging economies such as India and China. For instance, according to Ministry of Food Processing Industry, Government of India, the food processing industry in India was valued at US$ 600 billion in 2016, and is expected to become the world’s second largest market after China and to reach US$ 1800 billion by 2020.

Key players in the Global Bakeable Trays Market:-

Key players operating in the global bakeable trays market include, iVEX Protective Packaging Inc., DuraCorp LLC, Huhtamaki BCP Ltd., Packaging Sales And Service Inc., Menasha Corporation, Honeymoon Paper Products Inc., Tielman Sweden AB, Genpak LLC, Northland Aluminum Products Inc., and Laminating Technologies Industries LLC.

Major companies in the market are focused on developing new products in order to strengthen their footprints in the global bakeable trays market. For instance, in 2016, Multivac Inc. launched dual ovenable Mylar BAKE film coated product range.

Market Taxonomy:-

On the basis of product type, the global bakeable trays market is segmented into:

  • Single corrugated
  • Double corrugated
  • Others (triple, etc.)

On the basis of compartment, the global bakeable trays market is segmented into:

  • One
  • Two
  • Three
  • Others (four, etc.)

On the basis of application, the global bakeable trays market is segmented into:

  • Pharmaceutical
  • Food & Beverages
  • Cosmetics & Personal Care
  • Logistic & Transportation
  • Others (retail stores, etc.)

On the basis of region, the global bakeable trays market is segmented into:

  • Asia Pacific
    • China
    • India
    • Japan
    • ASEAN
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • U.K.
    • Germany
    • France
    • Spain
    • Italy
    • Russia
    • Rest of Europe
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East
    • GCC
    • Rest of Middle East
  • Africa

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.

Smiley face

Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.
Smiley face

Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

Choose License Type

"How Can I Help You" ?

Finding it difficult to find the research that would cater to your business demands? Give us a chance to help you. One of our Research Consultants will connect to provide a customized solution.

[email protected]

Key Benefits

  • Custom Research Solution

    Talk to our research consultant to design an exclusive report as per your research needs.

  • Customer Fulfilment

    We aim to fulfil client's research demands with tailored research solutions.

  • Quick Turnaround Time Reports

    We aim to provide research studies in quickest turnaround time and in a much cost effective manner.

  • 360-degree Approach

    We cover each industry from supply and demand side with an aim to provide a most holistic research study.

  • Assured Quality

    We strive to provide most accurate and reliable research findings in our research reports.