The global thermoformed tray market is expected to expand from USD 13.8 billion in 2026 to USD 34.5 billion by 2036. This growth reflects ongoing changes in supply chains, food retail formats, and consumer behavior worldwide.
As industries adapt to evolving demands, the use of thermoformed trays is increasing across various sectors, particularly in food packaging. The market’s rapid growth highlights the rising importance of efficient, customizable packaging solutions.
**Why this matters**
The expansion of the thermoformed tray market indicates shifting trends in packaging and logistics that can impact manufacturing, retail, and sustainability practices. Understanding these changes is crucial for businesses looking to innovate and meet consumer expectations in a competitive environment.
Source: NewsData