Global Paper & Paperboard Trays Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Material Type;

Molded Pulp, Boxboard/Carton and Corrugated Board.

By End User;

Homecare & Toiletries, Food & Beverages, Consumer Durables & Electronics, Personal Care & Cosmetics, Healthcare, Industrial Packaging and E-Commerce Packaging.

By Material Source;

Recycled Fiber and Virgin Fiber.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn804385961 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Paper & Paperboard Trays Market (USD Million), 2021 - 2031

In the year 2024, the Global Paper & Paperboard Trays Market was valued at USD 6,497.13 million. The size of this market is expected to increase to USD 9,020.91 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.8%.

The global paper and paperboard trays market is witnessing significant growth, driven by the increasing demand for sustainable and eco-friendly packaging solutions. With rising environmental concerns and stricter regulations against plastic packaging, industries such as food and beverage, healthcare, and consumer goods are shifting toward biodegradable alternatives like paper-based trays. These trays offer advantages such as recyclability, compostability, and versatility, making them an ideal choice for companies looking to reduce their carbon footprint while maintaining product integrity.

The food and beverage industry is a key driver of the market, as paperboard trays are widely used for packaging fresh produce, ready-to-eat meals, and frozen foods. These trays provide sturdy and protective packaging, ensuring that food products remain fresh while being transported and stored. Additionally, advancements in coating technologies have improved the moisture resistance and durability of paper trays, enabling them to replace traditional plastic trays in various applications.

Technological advancements in packaging manufacturing have also played a crucial role in market expansion. The development of innovative barrier coatings, molded fiber trays, and water-resistant paperboard materials has enhanced the functionality of paper trays, making them suitable for a broader range of applications. Companies are investing in research and development to create high-performance, lightweight, and cost-effective paperboard trays that meet industry-specific requirements.

Geographically, the market is experiencing strong growth across regions such as North America, Europe, and Asia Pacific. Government initiatives promoting sustainable packaging and consumer awareness regarding the environmental impact of plastic waste are fueling demand. Emerging economies in Asia Pacific and Latin America are witnessing rapid adoption of paperboard trays due to urbanization, rising disposable income, and the expansion of the food delivery and retail sectors. As sustainability becomes a top priority for both businesses and consumers, the global paper and paperboard trays market is expected to continue its upward trajectory.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Material Type
    2. Market Snapshot, By End User
    3. Market Snapshot, By Material Source
    4. Market Snapshot, By Region
  4. Global Paper & Paperboard Trays Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Demand for Sustainable and Eco-Friendly Packaging
        2. Rising Adoption in the Food and Beverage Industry
        3. Advancements in Coating and Barrier Technologies
      2. Restraints
        1. High Production Costs Compared to Plastic Alternatives
        2. Limited Moisture and Heat Resistance in Certain Applications
        3. Challenges in Recycling Due to Multi-Layered Coatings
      3. Opportunities
        1. Expansion of Compostable and Biodegradable Packaging Solutions
        2. Increasing Government Regulations Favoring Sustainable Packaging
        3. Technological Innovations in Paper-Based Packaging Materials
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Paper & Paperboard Trays Market, By Material Type, 2021 - 2031 (USD Million)
      1. Molded Pulp
      2. Boxboard/Carton
      3. Corrugated Board
    2. Global Paper & Paperboard Trays Market, By End User, 2021 - 2031 (USD Million)
      1. Homecare & Toiletries
      2. Food & Beverages
      3. Consumer Durables & Electronics
      4. Personal Care & Cosmetics
      5. Healthcare
      6. Industrial Packaging
      7. E-Commerce Packaging
    3. Global Paper & Paperboard Trays Market, By Material Source, 2021 - 2031 (USD Million)
      1. Recycled Fiber
      2. Virgin Fiber
    4. Global Paper & Paperboard Trays Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. International Paper Co
      2. Brodrene Hartmann A/s
      3. Mondi Group Plc.
      4. Huhtamaki Oyj
      5. Esco Technologies Inc.
      6. Ufp Technologies, Inc.
      7. Pactiv Llc
      8. Henry Molded Products, Inc.
      9. Orcon Industries Corporation
      10. Fibercel Packaging Llc
  7. Analyst Views
  8. Future Outlook of the Market