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I AgreeAnalysis of Drink Carrier and Trays market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
In recent years, there has been an increasing demand for food service industry across the globe. Drink carrier and trays are one of the most important packaging segment for beverage manufacturers. Due to constraints related to environment friendly packaging, nowadays manufacturers are producing drink carrier and trays made from biodegradable plastic and paper.
In addition, consumers are preferring single served beverages which is a major driver for creating growth opportunities for drink carrier and trays market. Furthermore, drink carrier and trays are used by packaging manufacturers for augmenting there brand name and hence creating impact on consumer’s mind. Nowadays, drink carrier and trays have seen a rise in demand for carrying alcoholic beverages and this trend is expected to grow significantly during the forecast period.
Changing lifestyle of consumers with increasing per capita income is expected to drive the growth for the global drink carrier and trays market. In addition, there has been an increase in the number of quick service restaurants across the globe which has resulted in the growth of drink carrier and trays needed for food delivery.
Convenience due to light weight of drink carriers and trays are gradually helping the market to witness growth during the forecast period 2018 - 2028. Furthermore, drink carrier and trays are cost effective, increase the aesthetic looks of the beverage and are easy to carry which helps in the growth of drink carrier and trays market.
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The global drink carrier and trays market is segmented by material type, carrier size, packaging type, and end use.
By Material Type
By Carrier Size
By Packaging Type
By End Use
Drink carrier and trays are mainly used for holding / carrying of hot & cold beverages.
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Fact.MR
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Single served beverages which is a major key trends for creating growth opportunities for drink carrier and trays market.
Quick service outlets is likely to be the dominant drink carrier and trays end use industry.