Global and China Aluminum Trays Market Insights, Forecast to 2027

Aluminum is one of the most versatile packaging materials available. Aluminum trays find applications in the food industry, especially for meat, bakery, produce and other departments. Aluminum trays offer a sturdy shelving space for storage place for articles, and also are one of the most successful means for serving food. Aluminum trays are also used for household purposes. Aluminum trays are available in a variety of sizes and shapes, and therefore are customizable in nature. One of the essential features of aluminum trays is their availability in a disposable version. Some varieties of aluminum trays are durable and do not get cracked, chipped or dented, if used cautiously. 
The global aluminum tray market enjoys high penetration in the market due to convenience in carrying.  Aluminum trays are also used as a substitute for a bowl or a plate and are fire resistant. Latest trends in the global aluminum tray market include applications as a decorative product. The rise of e-retail platform and emergence of online food service has significantly facilitated growth of the global aluminum trays market. High demand for aluminum trays in the healthcare industry is also expected to boost the global aluminum trays market. Sterilized aluminum trays are used for storing or holding medical instruments. Growth of the global aluminum trays market is also expected to be boosted by growth of the global aluminum foil packaging market.  Aluminum trays do not pose any environmental challenges at the time of disposal unlike plastic trays, which are their main competitor in the food service sector.  Aluminum trays are expected to enjoy high preference among consumers and food service providers alike, owing to their light weight. However, there are certain factors that might hamper growth of the global aluminum trays market. These include, the landfill problem. Standard aluminum trays get accumulated in landfills. In addition, recyclability of aluminum is subject to the condition that the aluminum foil used as a laminate on the tray, is clean. Dirty foil is not accepted by recycle centers and is left for the landfills, further increasing the problem.  

Market Analysis and Insights: Global and China Aluminum Trays Market
This report focuses on global and China Aluminum Trays market.
In 2020, the global Aluminum Trays market size was US$ XX million and it is expected to reach US$ XX million by the end of 2027, with a CAGR of XX% during 2021-2027. In China the Aluminum Trays market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Aluminum Trays Scope and Market Size
Aluminum Trays market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Aluminum Trays market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For China market, this report focuses on the Aluminum Trays market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in China.

Segment by Type
Disposable Aluminum Trays
Standard Aluminum Trays
Aluminum Sterilized Trays

Segment by Application
Medical
Food and Beverages
Automotive

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

By Company
Envases Del Plata
Formacia
Durable Packaging
Nicholl Food Packaging
Artekno Oy
Wyda Packaging (Pty)
Alufoil Products
Confoil