LAMEA Rigid Trays Packaging Market Size, Share & Trends Analysis Report By Application (Food & Beverage, Pharmaceutical, and Others), By Material (Plastic, Paperboard, Metal, and Glass), By Country and Growth Forecast, 2024 - 2031

The Latin America, Middle East and Africa Rigid Trays Packaging Market would witness market growth of 7.7% CAGR during the forecast period (2024-2031).

The Brazil market dominated the LAMEA Rigid Trays Packaging Market, by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $2,434.1 Million by 2031. The Argentina market is showcasing a CAGR of 8.5% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 6.9% during (2024 - 2031).

Increased regulatory pressures also drive consumer preference for sustainable packaging. In order to mitigate plastic waste and encourage recycling, governments and regulatory entities are enacting more stringent policies. For example, the Single-Use Plastics Directive has been implemented by the European Union with the objective of minimizing the environmental impact of specific plastic products. This directive prohibits the use of single-use plastics in the presence of viable alternatives and establishes more stringent recycling objectives. Such regulations compel companies to seek sustainable packaging solutions to remain compliant, further driving the demand for recyclable and biodegradable rigid trays.

The retail sector is also responding to consumer demand for sustainable packaging. Major retailers are increasingly setting ambitious sustainability goals and working with suppliers to reduce plastic waste. For example, Walmart aims to achieve 100% recyclable, reusable, or industrially compostable packaging for its private brand packaging by 2025. Such initiatives by influential retailers ripple throughout the supply chain, encouraging manufacturers to develop and supply sustainable packaging solutions like recyclable rigid trays.

In South Africa, the growth of the e-commerce sector and the increasing emphasis on food safety drive the demand for rigid tray packaging. The e-commerce industry has seen substantial growth, necessitating durable packaging solutions to ensure the safe delivery of goods, particularly for fragile and high-value items. Moreover, the demand for rigid trays is further bolstered by the growing emphasis on food safety and hygiene, which is influenced by regulatory standards. These trays offer superior protection against contamination and damage. Therefore, the LAMEA market for rigid trays packaging is characterized by robust growth driven by diverse factors across different nations.

Free Valuable Insights: The Worldwide Rigid Trays Packaging Market is Projected to reach USD 126.7 Billion by 2031, at a CAGR of 5.2%

Based on Application, the market is segmented into Food & Beverage, Pharmaceutical, and Others. Based on Material, the market is segmented into Plastic, Paperboard, Metal, and Glass. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

List of Key Companies Profiled

• Placon Corporation
• Tekni-Plex Inc.
• Berry Global Group
• Sonoco Products Company
• Amcor Plc
• DS Smith Plc
• Genpak, LLC (Great Pacific Enterprises, Inc.)
• Dart Container Corporation
• Anchor Packaging LLC
• Winpak Ltd. (Wihuri International Oy)

LAMEA Rigid Trays Packaging Market Report Segmentation

By Application

• Food & Beverage
• Pharmaceutical
• Others

By Material

• Plastic
• Paperboard
• Metal
• Glass

By Country

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Rigid Trays Packaging Market, by Application
1.4.2 LAMEA Rigid Trays Packaging Market, by Material
1.4.3 LAMEA Rigid Trays Packaging Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis

Chapter 4. LAMEA Rigid Trays Packaging Market, by Application
4.1 LAMEA Food & Beverage Market, by Country
4.2 LAMEA Pharmaceutical Market, by Country
4.3 LAMEA Others Market, by Country

Chapter 5. LAMEA Rigid Trays Packaging Market, by Material
5.1 LAMEA Plastic Market, by Country
5.2 LAMEA Paperboard Market, by Country
5.3 LAMEA Metal Market, by Country
5.4 LAMEA Glass Market, by Country

Chapter 6. LAMEA Rigid Trays Packaging Market, by Country
6.1 Brazil Rigid Trays Packaging Market
6.1.1 Brazil Rigid Trays Packaging Market, by Application
6.1.2 Brazil Rigid Trays Packaging Market, by Material
6.2 Argentina Rigid Trays Packaging Market
6.2.1 Argentina Rigid Trays Packaging Market, by Application
6.2.2 Argentina Rigid Trays Packaging Market, by Material
6.3 UAE Rigid Trays Packaging Market
6.3.1 UAE Rigid Trays Packaging Market, by Application
6.3.2 UAE Rigid Trays Packaging Market, by Material
6.4 Saudi Arabia Rigid Trays Packaging Market
6.4.1 Saudi Arabia Rigid Trays Packaging Market, by Application
6.4.2 Saudi Arabia Rigid Trays Packaging Market, by Material
6.5 South Africa Rigid Trays Packaging Market
6.5.1 South Africa Rigid Trays Packaging Market, by Application
6.5.2 South Africa Rigid Trays Packaging Market, by Material
6.6 Nigeria Rigid Trays Packaging Market
6.6.1 Nigeria Rigid Trays Packaging Market, by Application
6.6.2 Nigeria Rigid Trays Packaging Market, by Material
6.7 Rest of LAMEA Rigid Trays Packaging Market
6.7.1 Rest of LAMEA Rigid Trays Packaging Market, by Application
6.7.2 Rest of LAMEA Rigid Trays Packaging Market, by Material

Chapter 7. Company Profiles
7.1 Placon Corporation
7.1.1 Company Overview
7.1.2 SWOT Analysis
7.2 Tekni-Plex Inc.
7.2.1 Company Overview
7.2.2 Recent strategies and developments:
7.2.2.1 Product Launches and Product Expansions:
7.2.3 SWOT Analysis
7.3 Berry Global Group, Inc.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expenses
7.3.5 SWOT Analysis
7.4 Sonoco Products Company
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expenses
7.4.5 SWOT Analysis
7.5 Amcor Plc
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expenses
7.5.5 SWOT Analysis
7.6 DS Smith Plc.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 SWOT Analysis
7.7 Genpak, LLC (Great Pacific Enterprises, Inc.)
7.7.1 Company Overview
7.7.2 SWOT Analysis
7.8 Dart Container Corporation
7.8.1 Company Overview
7.8.2 SWOT Analysis
7.9 Anchor Packaging LLC
7.9.1 Company Overview
7.9.2 SWOT Analysis
7.10. Winpak Ltd. (Wihuri International Oy)
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expenses
7.10.5 SWOT Analysis

TABLE 1 LAMEA Rigid Trays Packaging Market, 2020 - 2023, USD Million
TABLE 2 LAMEA Rigid Trays Packaging Market, 2024 - 2031, USD Million
TABLE 3 LAMEA Rigid Trays Packaging Market, by Application, 2020 - 2023, USD Million
TABLE 4 LAMEA Rigid Trays Packaging Market, by Application, 2024 - 2031, USD Million
TABLE 5 LAMEA Food & Beverage Market, by Country, 2020 - 2023, USD Million
TABLE 6 LAMEA Food & Beverage Market, by Country, 2024 - 2031, USD Million
TABLE 7 LAMEA Pharmaceutical Market, by Country, 2020 - 2023, USD Million
TABLE 8 LAMEA Pharmaceutical Market, by Country, 2024 - 2031, USD Million
TABLE 9 LAMEA Others Market, by Country, 2020 - 2023, USD Million
TABLE 10 LAMEA Others Market, by Country, 2024 - 2031, USD Million
TABLE 11 LAMEA Rigid Trays Packaging Market, by Material, 2020 - 2023, USD Million
TABLE 12 LAMEA Rigid Trays Packaging Market, by Material, 2024 - 2031, USD Million
TABLE 13 LAMEA Plastic Market, by Country, 2020 - 2023, USD Million
TABLE 14 LAMEA Plastic Market, by Country, 2024 - 2031, USD Million
TABLE 15 LAMEA Paperboard Market, by Country, 2020 - 2023, USD Million
TABLE 16 LAMEA Paperboard Market, by Country, 2024 - 2031, USD Million
TABLE 17 LAMEA Metal Market, by Country, 2020 - 2023, USD Million
TABLE 18 LAMEA Metal Market, by Country, 2024 - 2031, USD Million
TABLE 19 LAMEA Glass Market, by Country, 2020 - 2023, USD Million
TABLE 20 LAMEA Glass Market, by Country, 2024 - 2031, USD Million
TABLE 21 LAMEA Rigid Trays Packaging Market, by Country, 2020 - 2023, USD Million
TABLE 22 LAMEA Rigid Trays Packaging Market, by Country, 2024 - 2031, USD Million
TABLE 23 Brazil Rigid Trays Packaging Market, 2020 - 2023, USD Million
TABLE 24 Brazil Rigid Trays Packaging Market, 2024 - 2031, USD Million
TABLE 25 Brazil Rigid Trays Packaging Market, by Application, 2020 - 2023, USD Million
TABLE 26 Brazil Rigid Trays Packaging Market, by Application, 2024 - 2031, USD Million
TABLE 27 Brazil Rigid Trays Packaging Market, by Material, 2020 - 2023, USD Million
TABLE 28 Brazil Rigid Trays Packaging Market, by Material, 2024 - 2031, USD Million
TABLE 29 Argentina Rigid Trays Packaging Market, 2020 - 2023, USD Million
TABLE 30 Argentina Rigid Trays Packaging Market, 2024 - 2031, USD Million
TABLE 31 Argentina Rigid Trays Packaging Market, by Application, 2020 - 2023, USD Million
TABLE 32 Argentina Rigid Trays Packaging Market, by Application, 2024 - 2031, USD Million
TABLE 33 Argentina Rigid Trays Packaging Market, by Material, 2020 - 2023, USD Million
TABLE 34 Argentina Rigid Trays Packaging Market, by Material, 2024 - 2031, USD Million
TABLE 35 UAE Rigid Trays Packaging Market, 2020 - 2023, USD Million
TABLE 36 UAE Rigid Trays Packaging Market, 2024 - 2031, USD Million
TABLE 37 UAE Rigid Trays Packaging Market, by Application, 2020 - 2023, USD Million
TABLE 38 UAE Rigid Trays Packaging Market, by Application, 2024 - 2031, USD Million
TABLE 39 UAE Rigid Trays Packaging Market, by Material, 2020 - 2023, USD Million
TABLE 40 UAE Rigid Trays Packaging Market, by Material, 2024 - 2031, USD Million
TABLE 41 Saudi Arabia Rigid Trays Packaging Market, 2020 - 2023, USD Million
TABLE 42 Saudi Arabia Rigid Trays Packaging Market, 2024 - 2031, USD Million
TABLE 43 Saudi Arabia Rigid Trays Packaging Market, by Application, 2020 - 2023, USD Million
TABLE 44 Saudi Arabia Rigid Trays Packaging Market, by Application, 2024 - 2031, USD Million
TABLE 45 Saudi Arabia Rigid Trays Packaging Market, by Material, 2020 - 2023, USD Million
TABLE 46 Saudi Arabia Rigid Trays Packaging Market, by Material, 2024 - 2031, USD Million
TABLE 47 South Africa Rigid Trays Packaging Market, 2020 - 2023, USD Million
TABLE 48 South Africa Rigid Trays Packaging Market, 2024 - 2031, USD Million
TABLE 49 South Africa Rigid Trays Packaging Market, by Application, 2020 - 2023, USD Million
TABLE 50 South Africa Rigid Trays Packaging Market, by Application, 2024 - 2031, USD Million
TABLE 51 South Africa Rigid Trays Packaging Market, by Material, 2020 - 2023, USD Million
TABLE 52 South Africa Rigid Trays Packaging Market, by Material, 2024 - 2031, USD Million
TABLE 53 Nigeria Rigid Trays Packaging Market, 2020 - 2023, USD Million
TABLE 54 Nigeria Rigid Trays Packaging Market, 2024 - 2031, USD Million
TABLE 55 Nigeria Rigid Trays Packaging Market, by Application, 2020 - 2023, USD Million
TABLE 56 Nigeria Rigid Trays Packaging Market, by Application, 2024 - 2031, USD Million
TABLE 57 Nigeria Rigid Trays Packaging Market, by Material, 2020 - 2023, USD Million
TABLE 58 Nigeria Rigid Trays Packaging Market, by Material, 2024 - 2031, USD Million
TABLE 59 Rest of LAMEA Rigid Trays Packaging Market, 2020 - 2023, USD Million
TABLE 60 Rest of LAMEA Rigid Trays Packaging Market, 2024 - 2031, USD Million
TABLE 61 Rest of LAMEA Rigid Trays Packaging Market, by Application, 2020 - 2023, USD Million
TABLE 62 Rest of LAMEA Rigid Trays Packaging Market, by Application, 2024 - 2031, USD Million
TABLE 63 Rest of LAMEA Rigid Trays Packaging Market, by Material, 2020 - 2023, USD Million
TABLE 64 Rest of LAMEA Rigid Trays Packaging Market, by Material, 2024 - 2031, USD Million
TABLE 65 Key Information – Placon Corporation
TABLE 66 Key Information – Tekni-Plex Inc.
TABLE 67 Key Information – Berry Global Group, Inc.
TABLE 68 Key Information – Sonoco Products Company
TABLE 69 Key Information – Amcor Plc
TABLE 70 Key Information – DS Smith Plc
TABLE 71 Key Information –Genpak, LLC
TABLE 72 Key Information – Dart Container Corporation
TABLE 73 Key Information – Anchor Packaging LLC
TABLE 74 Key Information – Winpak Ltd.

List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Rigid Trays Packaging Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Rigid Trays Packaging Market
FIG 4 Porter’s Five Forces Analysis – Rigid Trays Packaging Market
FIG 5 LAMEA Rigid Trays Packaging Market share, by Application, 2023
FIG 6 LAMEA Rigid Trays Packaging Market share, by Application, 2031
FIG 7 LAMEA Rigid Trays Packaging Market, by Application, 2020 - 2031, USD Million
FIG 8 LAMEA Rigid Trays Packaging Market share, by Material, 2023
FIG 9 LAMEA Rigid Trays Packaging Market share, by Material, 2031
FIG 10 LAMEA Rigid Trays Packaging Market, by Material, 2020 - 2031, USD Million
FIG 11 LAMEA Rigid Trays Packaging Market share, by Country, 2023
FIG 12 LAMEA Rigid Trays Packaging Market share, by Country, 2031
FIG 13 LAMEA Rigid Trays Packaging Market, by Country, 2020 - 2031, USD Million
FIG 14 Swot Analysis: Placon Corporation
FIG 15 SWOT analysis: Tekni-Plex Inc.
FIG 16 SWOT analysis: Berry Global Group, Inc.
FIG 17 SWOT analysis: Sonoco Products Company
FIG 18 SWOT analysis: Amcor Plc.
FIG 19 SWOT analysis: DS Smith PLC
FIG 20 Swot Analysis: Genpak, LLC
FIG 21 SWOT Analysis: Dart Container Corporation
FIG 22 Swot Analysis: Anchor Packaging LLC
FIG 23 SWOT analysis: Winpak Ltd.