Top 20 Companies in Paper And Paperboard Trays Market Worldwide 2025: Statistical View by Spherical Insights And Consulting
RELEASE DATE: Sep 2025 Author: Spherical InsightsRequest Free Sample Speak to Analyst
Description
According to a research report published by Spherical Insights & Consulting, The Global Paper & Paperboard Trays Market Size is projected to Grow from USD 5.74 Billion in 2024 to USD 11.08 Billion by 2035, at a CAGR of 6.16% during the forecast period 2025–2035. The paper and paperboard tray market increases with increased demand for sustainable packaging, more stringent plastic regulations, advances in waterproof technology, and growing e-commerce and food delivery, driving new uses and opportunities.
Introduction
The Paper And Paperboard Trays Market Size refers to the sector of business that deals in the manufacturing and supply of trays constructed from paper-based products and utilized mainly for serving and packaging food, consumer products, and industrial commodities. These trays are highly popular for their biodegradability, recyclability, and lightness. Prepared food, fresh fruits and vegetables, baked foods, and electronic parts are the major applications. Paper is a widely used material in the Paper and Paperboard Packaging Market for packaging a diverse range of products. Growth in the market is fueled by escalating demand for sustainable packaging, growing environmental concerns among consumers, and the trend away from plastic. The market strengths are flexibility, affordability, and ease of personalization. Opportunities are arising in emerging markets where urbanization and available income are increasing, in addition to rising e-commerce and food delivery. Technological innovation in resistant to moisture and robust paperboard trays also contributes to market growth. Government policies across the globe, especially in North America and Europe, that support sustainable packaging and single-use plastic bans also improve demand.
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Paper & Paperboard Trays Market Size & Statistics
- The Market Size for Paper & Paperboard Trays Was Estimated to be worth USD 5.74 Billion in 2024.
- The Market Size is Going to Expand at a CAGR of 6.16% between 2025 and 2035.
- The Global Paper & Paperboard Trays Market Size is anticipated to reach USD 11.08 Billion by 2035.
- Asia Pacific is expected to generate the largest demand during the forecast period in the Paper & Paperboard Trays Market
- North America is expected to grow the fastest during the forecast period in the Paper & Paperboard Trays Market.
Regional growth and demand
North America is expected to grow the fastest during the forecast period in the paper & paperboard trays market. North America is the most rapidly growing market for paper and paperboard trays based on stringent environmental laws, consumer demand for environmentally sustainable packaging, and rapid expansion in food delivery services and e-commerce. Technological developments in packaging and growing awareness of green alternatives also contribute to regional market growth.
Asia Pacific is expected to generate the largest demand during the forecast period in the paper & paperboard trays market. Asia Pacific is the leading market for paper and paperboard trays, led by high urbanization rates, growing disposable incomes, and enhanced demand for green packaging. Rising demand for sustainable packages in the region is also triggered by growing food processing and e-commerce industries, as well as government policies supporting green materials. Moreover, growing concern about the environment stimulates the use of biodegradable trays in the Asia Pacific.
Top 10 trends in the Paper & Paperboard Trays Market
- Compostable & biodegradable coatings
- Increased use of recycled content
- Growth in food delivery and takeaway culture
- Advancements in coating technologies
- Rise in e-commerce and retail demand
- Consumer preference for eco-friendly packaging
- Technological innovations in barrier coatings
- Customization and branding opportunities
- Integration of smart packaging features
- Regulatory push against plastics
1. Compostable & biodegradable coatings
Compostable and biodegradable paper tray coatings are a dominant trend, fueled by their potential to divert waste from landfills and enable a circular economy through the recycling of nutrients into soil after use. These bio-based coatings increase tray resistance to oil and water while presenting a more sustainable option than conventional, non-biodegradable packaging.
2. Increased use of recycled content
Greater recycling content within paper trays enables circular economy principles through lowered resource pressure and waste sent to landfills. The reason behind this trend is environmental objectives and the necessity for sustainable packaging material for products such as food and e-commerce products. Reduced pollution in production also occurs through the use of recycled fibers, which saves virgin resources such as timber and water.
3. Growth in food delivery and takeaway culture
The increasing trend for online food delivery and takeaway amplifies demand for paper & paperboard trays due to they are convenient, green, and can contain a variety of foods, making them the primary packaging element for the growing food service market.
4. Advancements in coating technologies
Advancements include sustainable biopolymer and nano-coatings, which provide enhanced barrier properties and biodegradability to substitute plastics in paper trays. These technologies improve functionality, substituting traditional petroleum-based materials with sustainable substitutes and facilitating a transition towards sustainable, efficient packaging solutions for different food and non-food applications.
5. Rise in e-commerce and retail demand
Online business expansion and sustainability need an increased use of paper & paperboard trays due to environmentally friendly alternatives to plastic for packaging protection and transportation in retail. The trays provide affordability, flexibility, and satisfy consumer and regulatory requirements for sustainable, recyclable packaging.
Empower your strategic planning:
Stay informed with the latest industry insights and market trends to identify new opportunities and drive growth in the paper & paperboard trays market. To explore more in-depth trends, insights, and forecasts, please refer to our detailed report.
Top 12 Companies Leading the Paper & Paperboard Trays Market
- Mondi Group plc.
- UFP Technologies, Inc.
- International Paper Co.
- DS Smith
- Amcor plc
- Huhtamaki Oyj
- Smurfit WestRock
- Oji Holdings Corporation
- Brodrene Hartmann A/S
- Graphic Packaging International
- Sonoco Products Company
- Nine Dragons Paper (Holdings) Ltd.
1. Mondi Group plc.
Headquarters: Vienna, Austria
Mondi Group plc is a global leader in packaging and paper, specializing in sustainable solutions. In the paper and paperboard trays market, Mondi offers innovative, sustainable packaging products designed for the food and retail sectors. Their trays are made from renewable, recyclable materials, supporting environmental responsibility. Mondi focuses on combining functionality with sustainability, providing lightweight, durable packaging that meets consumer demand for greener options while maintaining product protection and shelf appeal.
2. UFP Technologies, Inc.
Headquarters: Newton, Massachusetts, USA
UFP Technologies, Inc. is a business that specializes in custom-engineered package solutions, such as paper and paperboard trays, mainly for the consumer, industrial, and medical markets. In the paper and paperboard trays market, UFP Technologies engineers and produces sustainable, premium trays that offer protective packaging with a minimal environmental impact. Their knowledge is in the integration of advanced materials and precision manufacturing to create strong, lightweight trays that suit individual client requirements while complementing green packaging trends.
3. International Paper Co.
Headquarters: Memphis, Tennessee, USA
International Paper Co. is the largest paper and packaging firm in the world. They offer a broad portfolio of sustainable paper and paperboard solutions, including trays. International Paper in the market of paper and paperboard trays specializes in manufacturing robust, sustainable packaging materials mainly to the foodservice and retail sectors. Their recyclable and renewable trays come with added strength and sustainability that support products while reducing environmental footprint and responding to increased consumer demand for more sustainable packaging materials.
4. DS Smith
Headquarters: London, United Kingdom
DS Smith is a top company offering sustainable packaging solutions, such as paper and paperboard trays. DS Smith, in the trays market, develops and produces creative, sustainable packaging mainly for the food and retail industries. DS Smith's offerings focus on recyclability and circular economy concepts with robust, lightweight trays that cushion products while minimizing environmental effects. DS Smith fuses creativity and sustainability to address increasing demand for responsible packaging that benefits brands and the earth.
5. Amcor plc
Headquarters: Zurich, Switzerland
Amcor plc is a worldwide market leader in packaging solutions such as paper and paperboard trays. Amcor, in the trays market, aims to produce innovative, sustainable packaging mainly for the food and beverage sectors. Its paperboard trays are recyclable and compostable, providing premium product protection with decreased environmental footprint. Amcor integrates innovative materials and technology to provide lightweight, robust, and environmentally friendly trays addressing increasing consumer and regulatory pressures for sustainable packaging.
Are you ready to discover more about the paper & paperboard trays market?
The report provides an in-depth analysis of the leading companies operating in the global paper & paperboard trays market. It includes a comparative assessment based on their product portfolios, business overviews, geographical footprint, strategic initiatives, market segment share, and SWOT analysis. Each company is profiled using a standardized format that includes:
Company Profiles
- Mondi Group plc.
- Business Overview
- Company Snapshot
- Products Overview
- Company Market Share Analysis
- Company Coverage Portfolio
- Financial Analysis
- Recent Developments
- Merger and Acquisitions
- SWOT Analysis
- UFP Technologies, Inc.
- International Paper Co.
- DS Smith
- Amcor plc
- Huhtamaki Oyj
- Smurfit WestRock
- Oji Holdings Corporation
- Brodrene Hartmann A/S
- Others.
Conclusion
The market for paper and paperboard trays is driven by increasing demand for sustainable, recyclable packaging across foodservice, retail, and e-commerce channels. Compostable coatings, higher recycled content, and the development of improved barrier technologies, making products more durable and biodegradable, are key trends. Environmental responsibility, government policies, and increased food delivery services are driving growth. Market leaders such as Mondi, UFP Technologies, International Paper, DS Smith, and Amcor focus on innovative, sustainable trays that strike the balance of functionality, cost, and sustainability to keep pace with changing consumer and regulatory requirements globally.
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