North America 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 North America Rigid Trays Packaging Market would witness market growth of 5.1% CAGR during the forecast period (2024-2031).

The US market dominated the North America Rigid Trays Packaging Market, by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $26,601.5 Million by 2031. The Canada market is experiencing a CAGR of 7.3% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 6.4% during (2024 - 2031).

This market represents a dynamic and essential segment within the broader packaging industry, playing a pivotal role in protecting, preserving, and presenting various products across multiple sectors. This market has been experiencing significant growth driven by many factors, ranging from the expansion of retail chains and supermarkets to advancements in packaging technology and the rising demand for convenience foods. As consumer lifestyles evolve and industrial practices advance, reliable and efficient packaging solutions like rigid trays become increasingly critical.

Rigid trays are defined by their endurance and structural integrity, which makes them excellent for safeguarding products from harm while they are being transported, handled, and stored compared to other types of trays. Unlike flexible packaging, which can be prone to punctures and tears, rigid trays offer a robust barrier against physical impacts, ensuring the contents remain intact and in optimal condition. This feature is particularly vital in sectors such as food and beverage, pharmaceuticals, and electronics, where the safety and quality of the product are paramount.

In Mexico, the increasing urbanization and rising disposable incomes are key factors driving the demand for rigid tray packaging. The World Bank data indicates that Mexico's urban population grew to 82% in 2023. This urban expansion is concurrent with an increase in disposable incomes, which results in an increase in the consumption of packaged products. Economic factors also play a role, with the World Bank noting that Mexico's GDP per capita has been steadily increasing, reaching $13,926 in 2023. The expanding middle class increasingly purchases convenience foods and packaged beverages, which require durable packaging solutions like rigid trays. Additionally, the growth of the pharmaceutical sector, driven by increased healthcare spending, boosts the demand for rigid trays used in packaging medical supplies and pharmaceuticals. Together, these elements shape the region's dynamic and growing market landscape for rigid trays packaging.

Free Valuable Insights: The Rigid Trays Packaging Market is Predict 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 U.S., Mexico, Canada, and Rest of North America.

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)

North America Rigid Trays Packaging Market Report Segmentation

By Application

• Food & Beverage
• Pharmaceutical
• Others

By Material

• Plastic
• Paperboard
• Metal
• Glass

By Country

• US
• Canada
• Mexico
• Rest of North America

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Rigid Trays Packaging Market, by Application
1.4.2 North America Rigid Trays Packaging Market, by Material
1.4.3 North America 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. North America Rigid Trays Packaging Market, by Application
4.1 North America Food & Beverage Market, by Country
4.2 North America Pharmaceutical Market, by Country
4.3 North America Others Market, by Country

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

Chapter 6. North America Rigid Trays Packaging Market, by Country
6.1 US Rigid Trays Packaging Market
6.1.1 US Rigid Trays Packaging Market, by Application
6.1.2 US Rigid Trays Packaging Market, by Material
6.2 Canada Rigid Trays Packaging Market
6.2.1 Canada Rigid Trays Packaging Market, by Application
6.2.2 Canada Rigid Trays Packaging Market, by Material
6.3 Mexico Rigid Trays Packaging Market
6.3.1 Mexico Rigid Trays Packaging Market, by Application
6.3.2 Mexico Rigid Trays Packaging Market, by Material
6.4 Rest of North America Rigid Trays Packaging Market
6.4.1 Rest of North America Rigid Trays Packaging Market, by Application
6.4.2 Rest of North America 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 North America Rigid Trays Packaging Market, 2020 - 2023, USD Million
TABLE 2 North America Rigid Trays Packaging Market, 2024 - 2031, USD Million
TABLE 3 North America Rigid Trays Packaging Market, by Application, 2020 - 2023, USD Million
TABLE 4 North America Rigid Trays Packaging Market, by Application, 2024 - 2031, USD Million
TABLE 5 North America Food & Beverage Market, by Country, 2020 - 2023, USD Million
TABLE 6 North America Food & Beverage Market, by Country, 2024 - 2031, USD Million
TABLE 7 North America Pharmaceutical Market, by Country, 2020 - 2023, USD Million
TABLE 8 North America Pharmaceutical Market, by Country, 2024 - 2031, USD Million
TABLE 9 North America Others Market, by Country, 2020 - 2023, USD Million
TABLE 10 North America Others Market, by Country, 2024 - 2031, USD Million
TABLE 11 North America Rigid Trays Packaging Market, by Material, 2020 - 2023, USD Million
TABLE 12 North America Rigid Trays Packaging Market, by Material, 2024 - 2031, USD Million
TABLE 13 North America Plastic Market, by Country, 2020 - 2023, USD Million
TABLE 14 North America Plastic Market, by Country, 2024 - 2031, USD Million
TABLE 15 North America Paperboard Market, by Country, 2020 - 2023, USD Million
TABLE 16 North America Paperboard Market, by Country, 2024 - 2031, USD Million
TABLE 17 North America Metal Market, by Country, 2020 - 2023, USD Million
TABLE 18 North America Metal Market, by Country, 2024 - 2031, USD Million
TABLE 19 North America Glass Market, by Country, 2020 - 2023, USD Million
TABLE 20 North America Glass Market, by Country, 2024 - 2031, USD Million
TABLE 21 North America Rigid Trays Packaging Market, by Country, 2020 - 2023, USD Million
TABLE 22 North America Rigid Trays Packaging Market, by Country, 2024 - 2031, USD Million
TABLE 23 US Rigid Trays Packaging Market, 2020 - 2023, USD Million
TABLE 24 US Rigid Trays Packaging Market, 2024 - 2031, USD Million
TABLE 25 US Rigid Trays Packaging Market, by Application, 2020 - 2023, USD Million
TABLE 26 US Rigid Trays Packaging Market, by Application, 2024 - 2031, USD Million
TABLE 27 US Rigid Trays Packaging Market, by Material, 2020 - 2023, USD Million
TABLE 28 US Rigid Trays Packaging Market, by Material, 2024 - 2031, USD Million
TABLE 29 Canada Rigid Trays Packaging Market, 2020 - 2023, USD Million
TABLE 30 Canada Rigid Trays Packaging Market, 2024 - 2031, USD Million
TABLE 31 Canada Rigid Trays Packaging Market, by Application, 2020 - 2023, USD Million
TABLE 32 Canada Rigid Trays Packaging Market, by Application, 2024 - 2031, USD Million
TABLE 33 Canada Rigid Trays Packaging Market, by Material, 2020 - 2023, USD Million
TABLE 34 Canada Rigid Trays Packaging Market, by Material, 2024 - 2031, USD Million
TABLE 35 Mexico Rigid Trays Packaging Market, 2020 - 2023, USD Million
TABLE 36 Mexico Rigid Trays Packaging Market, 2024 - 2031, USD Million
TABLE 37 Mexico Rigid Trays Packaging Market, by Application, 2020 - 2023, USD Million
TABLE 38 Mexico Rigid Trays Packaging Market, by Application, 2024 - 2031, USD Million
TABLE 39 Mexico Rigid Trays Packaging Market, by Material, 2020 - 2023, USD Million
TABLE 40 Mexico Rigid Trays Packaging Market, by Material, 2024 - 2031, USD Million
TABLE 41 Rest of North America Rigid Trays Packaging Market, 2020 - 2023, USD Million
TABLE 42 Rest of North America Rigid Trays Packaging Market, 2024 - 2031, USD Million
TABLE 43 Rest of North America Rigid Trays Packaging Market, by Application, 2020 - 2023, USD Million
TABLE 44 Rest of North America Rigid Trays Packaging Market, by Application, 2024 - 2031, USD Million
TABLE 45 Rest of North America Rigid Trays Packaging Market, by Material, 2020 - 2023, USD Million
TABLE 46 Rest of North America Rigid Trays Packaging Market, by Material, 2024 - 2031, USD Million
TABLE 47 Key Information – Placon Corporation
TABLE 48 Key Information – Tekni-Plex Inc.
TABLE 49 Key Information – Berry Global Group, Inc.
TABLE 50 Key Information – Sonoco Products Company
TABLE 51 Key Information – Amcor Plc
TABLE 52 Key Information – DS Smith Plc
TABLE 53 Key Information –Genpak, LLC
TABLE 54 Key Information – Dart Container Corporation
TABLE 55 Key Information – Anchor Packaging LLC
TABLE 56 Key Information – Winpak Ltd.

List of Figures
FIG 1 Methodology for the research
FIG 2 North America 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 North America Rigid Trays Packaging Market share, by Application, 2023
FIG 6 North America Rigid Trays Packaging Market share, by Application, 2031
FIG 7 North America Rigid Trays Packaging Market, by Application, 2020 - 2031, USD Million
FIG 8 North America Rigid Trays Packaging Market share, by Material, 2023
FIG 9 North America Rigid Trays Packaging Market share, by Material, 2031
FIG 10 North America Rigid Trays Packaging Market, by Material, 2020 - 2031, USD Million
FIG 11 North America Rigid Trays Packaging Market share, by Country, 2023
FIG 12 North America Rigid Trays Packaging Market share, by Country, 2031
FIG 13 North America 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.