Bakeable Trays – A historical analysis
The proliferation of direct package-to-oven bakery products have pushed the market for bakeable trays. While these products have been around for a while, the emergence of new kinds of bakeable trays highlights the market’s growth in recent years. Compared to the traditional baking trays which are made up of metal, the bakeable trays are made from a corrugated paper card board that is both heat-resistant and water proof. Such trays are made to withstand temperatures up to 220°C. These bakeable or ovenable trays are offered in different sizes & shapes.
Bakeable trays can even be customized for different end use applications. One of the contrasting features of bakeable trays is that they are made of bio-degradable substance and are recyclable. These are also approved by various food agencies for direct food contact making it safer to consumer directly from them.
Bakeable trays allows one to produce, transport, sell and serve – all from just one container, thereby, eliminating the need for additional containers and minimize the packaging. Another advantage offered by such trays also is their great low temperature impact resistance.
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Global Bakeable Trays market: Key Players
Some of the key players operating in the global Bakeable Trays market are –
Tier I (Huhtamäki Oyj, Menasha Packaging Company, LLC, Honeymoon Paper Products, iVEX Packaging, Tielman Sweden AB, Martha Stewart); Tier II (SOLUT, Genpak, LLC, Greenearth Food Packaging, CPS, Inc., Bake-Best Trays LLC, Nordic Ware, Pactiv);; Tier III (Future Packs Unlimited, Laminating Technologies Industries, LLC, TopLine Corporation, Wilton, GreenCo, Usa Pan, Sabert and PCT).
The global Bakeable Trays market has progressed owing to the product innovations and growing mergers & acquisitions activities, and is anticipated to grow in the same fashion during the forecast period. For example, iVEX Packaging, introduced bakeable trays coated with PE lamination which eliminated the use of specialized sprays for baking.
Future Prospects
The bakeable trays market in the future is expected to be driven by the convenience such trays provide to consumers. Their demand from the food & beverages segment is anticipated to increase in the years to come. The key player in the bakeable trays market differentiate with each other on the basis of product quality and variety.
Although, bakeable trays are one focus of package design, ovenable or bakeable films represent another area of innovation for baked goods and meals. One example of innovation in bakeable or ovenable film is by Multivac, Inc. which provides a line of dual-ovenable Mylar BAKE films designed for preparation in the cooking vessel. Large players enjoy higher market share and economies of scale with backward integration. Newer players in the market commonly emerge from Asia Pacific excluding Japan region.
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Global Bakeable Trays market: Segmentation
The global Bakeable Trays market has been segmented as follows –
On the basis of type, the global Bakeable Trays market has been segmented as –
- Single Corrugated
- Double Corrugated
- Others
On the basis of compartment, the global Bakeable Trays market has been segmented as –
- One
- Two
- Three
- Others
On the basis of application, the global Bakeable Trays market has been segmented as –
- Food & Beverages
- Pharmaceuticals
- Cosmetics & Personal Care
- Logistics & Transportation
- Retail Stores
- Others
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