As consumers are becoming more environmentally conscious, they are demanding eco-friendly Plastic tray products. According to the United Nations Environmental Program, 8.5 million tonnes of plastic end up in the ocean each year. In response to this growing consumer demand, manufacturers have been experimenting with other sustainable materials to produce trays. For example, sugarcane trays and fibre-based ware are some of the alternatives to plastic trays. These alternatives have the potential to reduce the plastic trays market by 0.6x, which is significant.
While the North American region dominates the plastic tray market with a share of 23.5%, the European Union is a significant threat to the plastic tray market. By 2030, the European Union plans to make all plastic packaging recyclable within the EU. This is a significant change for the plastic tray market. By 2020, the entire market for plastic trays is expected to grow at a rate of around 50% in this region. These shipments of food and beverages will be destined for Europe, the UK, and the USA.
The plastic tray market is primarily driven by the food industry, with consumers being environmentally conscious and demanding green products. The United Nations estimates that 8.5 million tonnes of plastic end up in the oceans annually. To combat this problem, manufacturers are turning to plant-based and paper trays. These trays are biodegradable, compostable, and recyclable, and are even being manufactured in factories that produce food. They are becoming more common in many regions of the world.
While the plastic tray market is rapidly growing, it remains a small fraction of the global plastic market. The majority of trays are made from polymers that are recyclable and compostable. This material is ideal for food containers, and is a cost-effective alternative. Moreover, it is a good choice for the food industry. In addition to being recyclable, plastic trays can be reused, and are also compostable. Despite their small size, they are a great option for food and beverage storage.
Tags: Plastic tray
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