Drink Carrier and Trays Market

Global Drink Carrier and Trays Market Outlook (2018-2028)

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.

Global Drink Carrier and Trays Market - Dynamics

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.

Report Highlights:

• A detailed overview of parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current, and projected market size regarding volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies for key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on market performance
• Must-have information for market players to sustain and enhance their market footprint

Global Drink Carrier and Trays Market - Segmentation

The global drink carrier and trays market is segmented by material type, carrier size, packaging type, and end use.

By Material Type

• Paper
  • SUB (solid unbleached board)
  • FBB (folding boxboard)
  • WLC (white line chipboard)
  • Molded Fiber Pulp
• Plastic
  • Low Density Polyethylene (LDPE)
  • Linear Low Density Polyethylene (LLDPE)
  • Polypropylene (PP)
  • Polyethylene Terephthalate (PET)
  • Polystyrene (PS)
• Metal
• Wood

By Carrier Size

• Single pack carrier
• 2 pack – 4 pack carrier
• More than 4 pack carrier

By Packaging Type

• Rigid drink carrier and trays
• Semi – Rigid drink carrier and trays

By End Use

• Beverages
  • Dairy Products
  • Soft Drinks & Carbonated Drinks
  • Fruit Juices
  • Hot Beverages
    • Tea
    • Coffee
  • Alcoholic Beverages
  • Energy Drinks
  • Drinking Water
  • Others
• Food Service
  • Coffee & Eateries Shop
  • Food Delivery Outlets
  • Quick Service Outlets

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