21 Dec 2022 --- Trays are a common packaging material due to their inexpensive, lightweight and long-lasting nature. They are most commonly used by the F&B and pharmaceutical industries, making them the primary drivers in the trays market. PackagingInsights speaks to leading players in the tray and tray sealing technology sector about critical trends within the industry and what is to be expected going forward. Graphic Packaging International (GPI), Sealpac and SP Group are all calling out plastic reduction as a crucial trend in trays and tray packaging with the movement toward a circular economy. Tray sealers are a vital step in creating optimized end products of trays, going hand-in-hand in the industry. Sales of products launched in tray and tray sealer technologies rose with an average annual growth rate of 18% between 2017 and 2022, according research by Innova Market Insights. This included growth among different material categories including paper (72%), plastic (43%) and aluminum (40%).
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