PUBLISHER: KBV Research | PRODUCT CODE: 1534605
PUBLISHER: KBV Research | PRODUCT CODE: 1534605
LAMEA Rigid Trays Packaging Market Size, Share & Trends Analysis Report By Application (Food & Beverage, Pharmaceutical, and Others), By Material (Plastic, Paperboard, Metal, and Glass), By Country and Growth Forecast, 2024 - 2031
The Latin America, Middle East and Africa Rigid Trays Packaging Market would witness market growth of 7.7% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Rigid Trays Packaging Market, by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $2,434.1 Million by 2031. The Argentina market is showcasing a CAGR of 8.5% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 6.9% during (2024 - 2031).
Increased regulatory pressures also drive consumer preference for sustainable packaging. In order to mitigate plastic waste and encourage recycling, governments and regulatory entities are enacting more stringent policies. For example, the Single-Use Plastics Directive has been implemented by the European Union with the objective of minimizing the environmental impact of specific plastic products. This directive prohibits the use of single-use plastics in the presence of viable alternatives and establishes more stringent recycling objectives. Such regulations compel companies to seek sustainable packaging solutions to remain compliant, further driving the demand for recyclable and biodegradable rigid trays.
The retail sector is also responding to consumer demand for sustainable packaging. Major retailers are increasingly setting ambitious sustainability goals and working with suppliers to reduce plastic waste. For example, Walmart aims to achieve 100% recyclable, reusable, or industrially compostable packaging for its private brand packaging by 2025. Such initiatives by influential retailers ripple throughout the supply chain, encouraging manufacturers to develop and supply sustainable packaging solutions like recyclable rigid trays.
In South Africa, the growth of the e-commerce sector and the increasing emphasis on food safety drive the demand for rigid tray packaging. The e-commerce industry has seen substantial growth, necessitating durable packaging solutions to ensure the safe delivery of goods, particularly for fragile and high-value items. Moreover, the demand for rigid trays is further bolstered by the growing emphasis on food safety and hygiene, which is influenced by regulatory standards. These trays offer superior protection against contamination and damage. Therefore, the LAMEA market for rigid trays packaging is characterized by robust growth driven by diverse factors across different nations.
Based on Application, the market is segmented into Food & Beverage, Pharmaceutical, and Others. Based on Material, the market is segmented into Plastic, Paperboard, Metal, and Glass. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- Placon Corporation
- Tekni-Plex Inc.
- Berry Global Group
- Sonoco Products Company
- Amcor Plc
- DS Smith Plc
- Genpak, LLC (Great Pacific Enterprises, Inc.)
- Dart Container Corporation
- Anchor Packaging LLC
- Winpak Ltd. (Wihuri International Oy)
LAMEA Rigid Trays Packaging Market Report Segmentation
By Application
- Food & Beverage
- Pharmaceutical
- Others
By Material
- Plastic
- Paperboard
- Metal
- Glass
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 LAMEA Rigid Trays Packaging Market, by Application
- 1.4.2 LAMEA Rigid Trays Packaging Market, by Material
- 1.4.3 LAMEA Rigid Trays Packaging Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- 3.3 Porter Five Forces Analysis
Chapter 4. LAMEA Rigid Trays Packaging Market, by Application
- 4.1 LAMEA Food & Beverage Market, by Country
- 4.2 LAMEA Pharmaceutical Market, by Country
- 4.3 LAMEA Others Market, by Country
Chapter 5. LAMEA Rigid Trays Packaging Market, by Material
- 5.1 LAMEA Plastic Market, by Country
- 5.2 LAMEA Paperboard Market, by Country
- 5.3 LAMEA Metal Market, by Country
- 5.4 LAMEA Glass Market, by Country
Chapter 6. LAMEA Rigid Trays Packaging Market, by Country
- 6.1 Brazil Rigid Trays Packaging Market
- 6.1.1 Brazil Rigid Trays Packaging Market, by Application
- 6.1.2 Brazil Rigid Trays Packaging Market, by Material
- 6.2 Argentina Rigid Trays Packaging Market
- 6.2.1 Argentina Rigid Trays Packaging Market, by Application
- 6.2.2 Argentina Rigid Trays Packaging Market, by Material
- 6.3 UAE Rigid Trays Packaging Market
- 6.3.1 UAE Rigid Trays Packaging Market, by Application
- 6.3.2 UAE Rigid Trays Packaging Market, by Material
- 6.4 Saudi Arabia Rigid Trays Packaging Market
- 6.4.1 Saudi Arabia Rigid Trays Packaging Market, by Application
- 6.4.2 Saudi Arabia Rigid Trays Packaging Market, by Material
- 6.5 South Africa Rigid Trays Packaging Market
- 6.5.1 South Africa Rigid Trays Packaging Market, by Application
- 6.5.2 South Africa Rigid Trays Packaging Market, by Material
- 6.6 Nigeria Rigid Trays Packaging Market
- 6.6.1 Nigeria Rigid Trays Packaging Market, by Application
- 6.6.2 Nigeria Rigid Trays Packaging Market, by Material
- 6.7 Rest of LAMEA Rigid Trays Packaging Market
- 6.7.1 Rest of LAMEA Rigid Trays Packaging Market, by Application
- 6.7.2 Rest of LAMEA Rigid Trays Packaging Market, by Material
Chapter 7. Company Profiles
- 7.1 Placon Corporation
- 7.1.1 Company Overview
- 7.1.2 SWOT Analysis
- 7.2 Tekni-Plex Inc.
- 7.2.1 Company Overview
- 7.2.2 Recent strategies and developments:
- 7.2.2.1 Product Launches and Product Expansions:
- 7.2.3 SWOT Analysis
- 7.3 Berry Global Group, Inc.
- 7.3.1 Company Overview
- 7.3.2 Financial Analysis
- 7.3.3 Segmental and Regional Analysis
- 7.3.4 Research & Development Expenses
- 7.3.5 SWOT Analysis
- 7.4 Sonoco Products Company
- 7.4.1 Company Overview
- 7.4.2 Financial Analysis
- 7.4.3 Segmental and Regional Analysis
- 7.4.4 Research & Development Expenses
- 7.4.5 SWOT Analysis
- 7.5 Amcor Plc
- 7.5.1 Company Overview
- 7.5.2 Financial Analysis
- 7.5.3 Segmental and Regional Analysis
- 7.5.4 Research & Development Expenses
- 7.5.5 SWOT Analysis
- 7.6 DS Smith Plc.
- 7.6.1 Company Overview
- 7.6.2 Financial Analysis
- 7.6.3 Segmental and Regional Analysis
- 7.6.4 SWOT Analysis
- 7.7 Genpak, LLC (Great Pacific Enterprises, Inc.)
- 7.7.1 Company Overview
- 7.7.2 SWOT Analysis
- 7.8 Dart Container Corporation
- 7.8.1 Company Overview
- 7.8.2 SWOT Analysis
- 7.9 Anchor Packaging LLC
- 7.9.1 Company Overview
- 7.9.2 SWOT Analysis
- 7.10. Winpak Ltd. (Wihuri International Oy)
- 7.10.1 Company Overview
- 7.10.2 Financial Analysis
- 7.10.3 Segmental and Regional Analysis
- 7.10.4 Research & Development Expenses
- 7.10.5 SWOT Analysis
LIST OF TABLES
- TABLE 1 LAMEA Rigid Trays Packaging Market, 2020 - 2023, USD Million
- TABLE 2 LAMEA Rigid Trays Packaging Market, 2024 - 2031, USD Million
- TABLE 3 LAMEA Rigid Trays Packaging Market, by Application, 2020 - 2023, USD Million
- TABLE 4 LAMEA Rigid Trays Packaging Market, by Application, 2024 - 2031, USD Million
- TABLE 5 LAMEA Food & Beverage Market, by Country, 2020 - 2023, USD Million
- TABLE 6 LAMEA Food & Beverage Market, by Country, 2024 - 2031, USD Million
- TABLE 7 LAMEA Pharmaceutical Market, by Country, 2020 - 2023, USD Million
- TABLE 8 LAMEA Pharmaceutical Market, by Country, 2024 - 2031, USD Million
- TABLE 9 LAMEA Others Market, by Country, 2020 - 2023, USD Million
- TABLE 10 LAMEA Others Market, by Country, 2024 - 2031, USD Million
- TABLE 11 LAMEA Rigid Trays Packaging Market, by Material, 2020 - 2023, USD Million
- TABLE 12 LAMEA Rigid Trays Packaging Market, by Material, 2024 - 2031, USD Million
- TABLE 13 LAMEA Plastic Market, by Country, 2020 - 2023, USD Million
- TABLE 14 LAMEA Plastic Market, by Country, 2024 - 2031, USD Million
- TABLE 15 LAMEA Paperboard Market, by Country, 2020 - 2023, USD Million
- TABLE 16 LAMEA Paperboard Market, by Country, 2024 - 2031, USD Million
- TABLE 17 LAMEA Metal Market, by Country, 2020 - 2023, USD Million
- TABLE 18 LAMEA Metal Market, by Country, 2024 - 2031, USD Million
- TABLE 19 LAMEA Glass Market, by Country, 2020 - 2023, USD Million
- TABLE 20 LAMEA Glass Market, by Country, 2024 - 2031, USD Million
- TABLE 21 LAMEA Rigid Trays Packaging Market, by Country, 2020 - 2023, USD Million
- TABLE 22 LAMEA Rigid Trays Packaging Market, by Country, 2024 - 2031, USD Million
- TABLE 23 Brazil Rigid Trays Packaging Market, 2020 - 2023, USD Million
- TABLE 24 Brazil Rigid Trays Packaging Market, 2024 - 2031, USD Million
- TABLE 25 Brazil Rigid Trays Packaging Market, by Application, 2020 - 2023, USD Million
- TABLE 26 Brazil Rigid Trays Packaging Market, by Application, 2024 - 2031, USD Million
- TABLE 27 Brazil Rigid Trays Packaging Market, by Material, 2020 - 2023, USD Million
- TABLE 28 Brazil Rigid Trays Packaging Market, by Material, 2024 - 2031, USD Million
- TABLE 29 Argentina Rigid Trays Packaging Market, 2020 - 2023, USD Million
- TABLE 30 Argentina Rigid Trays Packaging Market, 2024 - 2031, USD Million
- TABLE 31 Argentina Rigid Trays Packaging Market, by Application, 2020 - 2023, USD Million
- TABLE 32 Argentina Rigid Trays Packaging Market, by Application, 2024 - 2031, USD Million
- TABLE 33 Argentina Rigid Trays Packaging Market, by Material, 2020 - 2023, USD Million
- TABLE 34 Argentina Rigid Trays Packaging Market, by Material, 2024 - 2031, USD Million
- TABLE 35 UAE Rigid Trays Packaging Market, 2020 - 2023, USD Million
- TABLE 36 UAE Rigid Trays Packaging Market, 2024 - 2031, USD Million
- TABLE 37 UAE Rigid Trays Packaging Market, by Application, 2020 - 2023, USD Million
- TABLE 38 UAE Rigid Trays Packaging Market, by Application, 2024 - 2031, USD Million
- TABLE 39 UAE Rigid Trays Packaging Market, by Material, 2020 - 2023, USD Million
- TABLE 40 UAE Rigid Trays Packaging Market, by Material, 2024 - 2031, USD Million
- TABLE 41 Saudi Arabia Rigid Trays Packaging Market, 2020 - 2023, USD Million
- TABLE 42 Saudi Arabia Rigid Trays Packaging Market, 2024 - 2031, USD Million
- TABLE 43 Saudi Arabia Rigid Trays Packaging Market, by Application, 2020 - 2023, USD Million
- TABLE 44 Saudi Arabia Rigid Trays Packaging Market, by Application, 2024 - 2031, USD Million
- TABLE 45 Saudi Arabia Rigid Trays Packaging Market, by Material, 2020 - 2023, USD Million
- TABLE 46 Saudi Arabia Rigid Trays Packaging Market, by Material, 2024 - 2031, USD Million
- TABLE 47 South Africa Rigid Trays Packaging Market, 2020 - 2023, USD Million
- TABLE 48 South Africa Rigid Trays Packaging Market, 2024 - 2031, USD Million
- TABLE 49 South Africa Rigid Trays Packaging Market, by Application, 2020 - 2023, USD Million
- TABLE 50 South Africa Rigid Trays Packaging Market, by Application, 2024 - 2031, USD Million
- TABLE 51 South Africa Rigid Trays Packaging Market, by Material, 2020 - 2023, USD Million
- TABLE 52 South Africa Rigid Trays Packaging Market, by Material, 2024 - 2031, USD Million
- TABLE 53 Nigeria Rigid Trays Packaging Market, 2020 - 2023, USD Million
- TABLE 54 Nigeria Rigid Trays Packaging Market, 2024 - 2031, USD Million
- TABLE 55 Nigeria Rigid Trays Packaging Market, by Application, 2020 - 2023, USD Million
- TABLE 56 Nigeria Rigid Trays Packaging Market, by Application, 2024 - 2031, USD Million
- TABLE 57 Nigeria Rigid Trays Packaging Market, by Material, 2020 - 2023, USD Million
- TABLE 58 Nigeria Rigid Trays Packaging Market, by Material, 2024 - 2031, USD Million
- TABLE 59 Rest of LAMEA Rigid Trays Packaging Market, 2020 - 2023, USD Million
- TABLE 60 Rest of LAMEA Rigid Trays Packaging Market, 2024 - 2031, USD Million
- TABLE 61 Rest of LAMEA Rigid Trays Packaging Market, by Application, 2020 - 2023, USD Million
- TABLE 62 Rest of LAMEA Rigid Trays Packaging Market, by Application, 2024 - 2031, USD Million
- TABLE 63 Rest of LAMEA Rigid Trays Packaging Market, by Material, 2020 - 2023, USD Million
- TABLE 64 Rest of LAMEA Rigid Trays Packaging Market, by Material, 2024 - 2031, USD Million
- TABLE 65 Key Information - Placon Corporation
- TABLE 66 Key Information - Tekni-Plex Inc.
- TABLE 67 Key Information - Berry Global Group, Inc.
- TABLE 68 Key Information - Sonoco Products Company
- TABLE 69 Key Information - Amcor Plc
- TABLE 70 Key Information - DS Smith Plc
- TABLE 71 Key Information -Genpak, LLC
- TABLE 72 Key Information - Dart Container Corporation
- TABLE 73 Key Information - Anchor Packaging LLC
- TABLE 74 Key Information - Winpak Ltd.
