The global ovenable paperboard trays market will grow from $1.80 billion in 2024 to $3.01 billion by 2034, at a CAGR of 5.32% from 2025 to 2034. This growth is fueled by the increasing demand for eco-friendly and heat-resistant packaging solutions.
Recent Developments by Key Market Players
- In March 2024, Aptar introduced Halopacks paperboard tray packaging in the United States. A license to produce and market Halopacks environmentally friendly food packaging product in North America has been obtained by Aptar-Food Protection. The proprietary Aptar Halopack system comes in a variety of forms, comprising ovenable, microwave, skin pack, freezer, clamshell and modified atmosphere packaging, and is intended for both dry as well as high moisture meals.
- In November 2023, Elaborados Naturales unveiled a creative and environmentally friendly way to package their potato goods. As an environmentally friendly substitute for conventional plastic trays, the company has chosen to use ovenable paperboard trays. The coated paperboard ovenable tray has a number of advantages. It satisfies consumer convenience and the global demand for environmentally friendly solutions by being recyclable, heat-resistant, and oven-safe. The European Unions sustainability goals, which promote cutting plastic waste in a variety of industries, are supported by this development.
Ovenable Paperboard Trays Market Players
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