Rigid Tray Companies and Developments

Date : 07 November 2025

The rigid tray market is expected to grow from USD 11.93 billion in 2025 to USD 14.72 billion by 2034, at a CAGR of 2.37% during the forecast period.

Recent Strategic Developments in Rigid Tray Market

  • In June 2024, Sonoco Products Company, high-value sustainable packaging company acquired Eviosys, a company focused on providing sustainable packaging solution headquartered in U.K., at US$ 3.9 Billion. The acquisition transaction accelerates Sonoco Products Companys strategy to focus on and grow its core businesses and invest in high return opportunities, both ways inorganically and organically.

Sonoco Products Company is going to be the worlds top producer of aerosol packaging and rigid tray food packaging. The transaction makes it easier for Sonoco Products Company to collaborate with clients and take the lead in innovation and sustainability.

Both the metals division of Sonoco Products Company and Eviosys have significant commercial momentum. Producing food cans and ends, aerosol cans, metal closures, and promotional packaging to preserve the goods of hundreds of consumer brands, Eviosys is a top global supplier of metal packaging. With almost 6,300 workers spread across 44 manufacturing locations in 17 countries, Eviosys has the biggest footprint in the EMEA region for the production of metal food cans. Sonoco projects that Eviosys will generate roughly $2.5 billion in revenue and $430 million in adjusted EBITDA in 2024.

Eviosys has grown EBITDA by over 50% since 2021 and has significant operational and commercial momentum. Sonoco Products Company anticipates that the combination of Eviosys with Sonocos complementary metal can business will result in synergies exceeding $100 million.

  • In November 2023, RockTenn company revealed the launch of the resh trays for packaging meat. The newly introduced resh tray are durable and are developed in such manner to provide an oxygen barrier to extend shelf life of packaged meat and keep the meat fresh.

Rigid Tray Market Top Companies

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