Top 3 trends impacting the global foam tray market 2017-2021
In a new report Technavio’s market research analysts predict the global foam tray market to grow during the forecast period due to various reasons such as increasing food safety issues. The demand for hygienic, quality packaging will foster this growth. Another factor driving the market is the increasing number of food recalls. The immense costs associated with recalls due to contamination have propelled manufactures to adopt advanced packaging methods. The top three emerging market trends driving the global foam tray market are demand for small sized or single serving packs, growth of biodegradable trays and consolidation of players in the market (Press Release Technavio, 11 October 2017).
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