Paper And Paperboard Trays Market

By Material Source;

Recycled Fiber and Virgin Fiber

By End User Segment;

Industrial Packaging, Consumer Durables & Electronics, Homecare & Toiletries, Healthcare, Personal Care & Cosmetics, E-Commerce Packaging, Food & Beverages and Others

By Material Segment;

Carton & Boxboard, Molded Pulp and Corrugated Board

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn804385961 Published Date: September, 2025 Updated Date: November, 2025

Paper & Paperboard Trays Market Overview

Paper & Paperboard Trays Market (USD Million)

Paper & Paperboard Trays Market was valued at USD 6,497.13 million in the year 2024. The size of this market is expected to increase to USD 9,020.91 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.8%.


Paper And Paperboard Trays Market

*Market size in USD million

CAGR 4.8 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.8 %
Market Size (2024)USD 6,497.13 Million
Market Size (2031)USD 9,020.91 Million
Market ConcentrationHigh
Report Pages319
6,497.13
2024
9,020.91
2031

Major Players

  • International Paper Co
  • Brodrene Hartmann A/s
  • Mondi Group Plc.
  • Huhtamaki Oyj
  • Esco Technologies Inc.
  • Ufp Technologies, Inc.
  • Pactiv Llc
  • Henry Molded Products, Inc.
  • Orcon Industries Corporation
  • Fibercel Packaging Llc

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Paper And Paperboard Trays Market

Fragmented - Highly competitive market without dominant players


The Paper and Paperboard Trays Market is expanding rapidly as businesses prioritize sustainable packaging over plastics. Approximately 48% of foodservice outlets have already embraced paper-based trays, showcasing a clear industry-wide move toward eco-friendly solutions. Their recyclability and versatility make them highly attractive across various applications.

Rising Demand for Sustainable Packaging
Environmental concerns are significantly influencing consumer preferences. Research indicates that over 55% of customers now favor food packaged in biodegradable trays over traditional plastic. This rising demand is particularly shaping the strategies of fast-food brands, retail chains, and catering businesses that aim to strengthen their eco-conscious image.

Adoption Across Food and Beverage Sector
The food and beverage industry remains the largest adopter, with nearly half of bakery and takeaway businesses relying on paper and paperboard trays. Their ability to maintain freshness while resisting grease and moisture makes them ideal for ready-to-eat and packaged foods. Regulatory restrictions on plastic further accelerate this adoption trend.

Innovation Enhancing Market Growth
Continuous innovation is reshaping tray design, as 42% of new offerings integrate protective coatings, barrier layers, and microwave compatibility. These advancements enhance functionality and durability, enabling wider use in frozen food storage, retail packaging, and catering. Printing-friendly surfaces also support brand visibility and consumer engagement.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Material Source
    2. Market Snapshot, By End User Segment
    3. Market Snapshot, By Material Segment
    4. Market Snapshot, By Region
  4. Paper & Paperboard Trays Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Demand for Sustainable and Eco-Friendly Packaging
        2. Rising Adoption in the Food and Beverage Industry
        3. Advancements in Coating and Barrier Technologies
      2. Restraints
        1. High Production Costs Compared to Plastic Alternatives
        2. Limited Moisture and Heat Resistance in Certain Applications
        3. Challenges in Recycling Due to Multi-Layered Coatings
      3. Opportunities
        1. Expansion of Compostable and Biodegradable Packaging Solutions
        2. Increasing Government Regulations Favoring Sustainable Packaging
        3. Technological Innovations in Paper-Based Packaging Materials
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Paper and Paperboard Trays Market, By Material Source, 2021 - 2031 (USD Million)
      1. Recycled Fiber
      2. Virgin Fiber
    2. Paper and Paperboard Trays Market, By End User Segment, 2021 - 2031 (USD Million)
      1. Industrial Packaging
      2. Consumer Durables & Electronics
      3. Homecare & Toiletries
      4. Healthcare
      5. Personal Care & Cosmetics
      6. E-Commerce Packaging
      7. Food & Beverages
      8. Others
    3. Paper and Paperboard Trays Market, By Material Segment, 2021 - 2031 (USD Million)
      1. Carton & Boxboard
      2. Molded Pulp
      3. Corrugated Board
    4. Paper and Paperboard Trays Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. International Paper Company
      2. Mondi Group plc
      3. Huhtamaki Oyj
      4. DS Smith Plc
      5. Sonoco Products Company
      6. Amcor plc
      7. Brodrene Hartmann A/S
      8. UFP Technologies, Inc.
      9. Pactiv Evergreen Inc.
      10. WestRock Company
      11. Smurfit Kappa Group
      12. Stora Enso Oyj
      13. Novolex Holdings
      14. INDEVCO (IPC — Paper Containers)
      15. Billerud AB
  7. Analyst Views
  8. Future Outlook of the Market