Thermoformed Shallow Trays Market Expected to Reach USD 4.61 Billion by 2035, Growing at a 3.17% CAGR During 2025–2035

The Thermoformed Shallow Trays Market was valued at USD 3.27 billion in 2024 and is expected to grow from USD 3.374 billion in 2025 to USD 4.61 billion by 2035, registering a compound annual growth rate (CAGR) of 3.17% over the forecast period 2025–2035.The Thermoformed Shallow Trays Market includes trays produced using thermoforming technology, which shapes plastic sheets into shallow containers for packaging and storage. These trays are widely used in fresh food, bakery, dairy, retail, and industrial applications. Key growth drivers include increasing packaged food consumption, retail expansion, and the need for hygienic, protective, and visually appealing packaging. Major types include PET, PP, and PVC trays, offering varying durability, transparency, and barrier properties.

Key Drivers of Market Growth

1. Packaged Food Industry Expansion: Rising demand for pre-packed and ready-to-eat foods increases tray adoption.
2. Retail & E-commerce Growth: Thermoformed trays provide convenient, stackable, and visually appealing packaging.
3. Sustainability Trends: Recyclable and lightweight trays align with eco-friendly packaging initiatives.
4. Technological Advancements: Innovations in thermoforming and multi-layer tray manufacturing improve functionality.
5. Industrial Storage Needs: Durable trays are increasingly used for component storage and logistics in industrial sectors.

Types of Thermoformed Shallow Trays

1. PET Trays: Transparent and strong, ideal for fresh produce and bakery items.
2. PP Trays: Lightweight, chemical-resistant, and suitable for various food and industrial applications.
3. PVC Trays: Cost-effective and widely used for retail and packaging solutions.
4. Biodegradable Trays: Eco-friendly alternatives gaining traction in food packaging.

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Regional Insights

• North America & Europe: High adoption due to advanced food packaging and retail sectors.
• Asia-Pacific: Rapid urbanization, rising packaged food demand, and manufacturing growth drive adoption.
• Middle East & Africa: Emerging retail and food processing sectors create moderate demand.
• Latin America: Expansion of packaged food and industrial storage industries supports market growth.
• Major Players
• Placon (US), Pactiv Evergreen (US), Sonoco Products Company (US), Greiner Packaging (AT), Berry Global (US), Sealed Air Corporation (US), Amcor (AU), Dart Container Corporation (US), Novolex (US)

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Future Outlook

The Thermoformed Shallow Trays Market is expected to grow steadily as food packaging, retail, and industrial storage sectors expand. Technological improvements, lightweight materials, and eco-friendly tray solutions will drive adoption, particularly in regions focusing on sustainability and efficiency.

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