Global Plastic Ready Meal Tray
Market Report
2025
The global Plastic Ready Meal Trays market size will be USD 1,524.5 million in 2025. Rising demand for convenient and ready-to-eat meals is expected to boost sales to USD 2,269.6 million by 2033, with a Compound Annual Growth Rate (CAGR) of 5.10% from 2025 to 2033.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Plastic Ready Meal Trays market size will be USD 1,524.5 million in 2025. It will expand at a compound annual growth rate (CAGR) of 5.10% from 2025 to 2033.
2021 | 2025 | 2033 | CAGR | |
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Global Plastic Ready Meal Tray Market Sales Revenue | 121212 | $ 1 Million | $ 2 Million | 5.1% |
North America Plastic Ready Meal Tray Market Sales Revenue | 121212 | $ 564.07 Million | $ 767.1 Million | 3.9% |
United States Plastic Ready Meal Tray Market Sales Revenue | 121212 | $ 445.05 Million | 121212 | 3.7% |
Canada Plastic Ready Meal Tray Market Sales Revenue | 121212 | $ 67.69 Million | 121212 | 4.7% |
Mexico Plastic Ready Meal Tray Market Sales Revenue | 121212 | $ 51.33 Million | 121212 | 4.4% |
Europe Plastic Ready Meal Tray Market Sales Revenue | 121212 | $ 442.11 Million | $ 612.8 Million | 4.2% |
United Kingdom Plastic Ready Meal Tray Market Sales Revenue | 121212 | $ 74.27 Million | 121212 | 5% |
France Plastic Ready Meal Tray Market Sales Revenue | 121212 | $ 40.67 Million | 121212 | 3.4% |
Germany Plastic Ready Meal Tray Market Sales Revenue | 121212 | $ 87.54 Million | 121212 | 4.4% |
Italy Plastic Ready Meal Tray Market Sales Revenue | 121212 | $ 38.02 Million | 121212 | 3.6% |
Russia Plastic Ready Meal Tray Market Sales Revenue | 121212 | $ 68.53 Million | 121212 | 3.2% |
Spain Plastic Ready Meal Tray Market Sales Revenue | 121212 | $ 36.25 Million | 121212 | 3.3% |
Sweden Plastic Ready Meal Tray Market Sales Revenue | 121212 | $ 13.71 Million | 121212 | 4.3% |
Denmark Plastic Ready Meal Tray Market Sales Revenue | 121212 | $ 9.28 Million | 121212 | 4% |
Switzerland Plastic Ready Meal Tray Market Sales Revenue | 121212 | $ 6.63 Million | 121212 | 3.8% |
Luxembourg Plastic Ready Meal Tray Market Sales Revenue | 121212 | $ 5.31 Million | 121212 | 4.5% |
Rest of Europe Plastic Ready Meal Tray Market Sales Revenue | 121212 | $ 61.89 Million | 121212 | 2.9% |
Asia Pacific Plastic Ready Meal Tray Market Sales Revenue | 121212 | $ 365.88 Million | $ 669.5 Million | 7.8% |
China Plastic Ready Meal Tray Market Sales Revenue | 121212 | $ 153.67 Million | 121212 | 7.3% |
Japan Plastic Ready Meal Tray Market Sales Revenue | 121212 | $ 50.49 Million | 121212 | 6.3% |
South Korea Plastic Ready Meal Tray Market Sales Revenue | 121212 | $ 43.91 Million | 121212 | 6.9% |
India Plastic Ready Meal Tray Market Sales Revenue | 121212 | $ 36.59 Million | 121212 | 9.7% |
Australia Plastic Ready Meal Tray Market Sales Revenue | 121212 | $ 19.03 Million | 121212 | 7.1% |
Singapore Plastic Ready Meal Tray Market Sales Revenue | 121212 | $ 7.32 Million | 121212 | 8.1% |
Taiwan Plastic Ready Meal Tray Market Sales Revenue | 121212 | $ 14.27 Million | 121212 | 7.6% |
South East Asia Plastic Ready Meal Tray Market Sales Revenue | 121212 | $ 24.15 Million | 121212 | 8.6% |
Rest of APAC Plastic Ready Meal Tray Market Sales Revenue | 121212 | $ 16.46 Million | 121212 | 7.6% |
South America Plastic Ready Meal Tray Market Sales Revenue | 121212 | $ 57.93 Million | $ 88.5 Million | 5.4% |
Brazil Plastic Ready Meal Tray Market Sales Revenue | 121212 | $ 24.79 Million | 121212 | 6% |
Argentina Plastic Ready Meal Tray Market Sales Revenue | 121212 | $ 9.73 Million | 121212 | 6.3% |
Colombia Plastic Ready Meal Tray Market Sales Revenue | 121212 | $ 5.16 Million | 121212 | 5.2% |
Peru Plastic Ready Meal Tray Market Sales Revenue | 121212 | $ 4.75 Million | 121212 | 5.6% |
Chile Plastic Ready Meal Tray Market Sales Revenue | 121212 | $ 4.17 Million | 121212 | 5.7% |
Rest of South America Plastic Ready Meal Tray Market Sales Revenue | 121212 | $ 9.33 Million | 121212 | 4.5% |
Middle East Plastic Ready Meal Tray Market Sales Revenue | 121212 | $ 60.98 Million | $ 94.2 Million | 5.6% |
Qatar Plastic Ready Meal Tray Market Sales Revenue | 121212 | $ 4.88 Million | 121212 | 5.1% |
Saudi Arabia Plastic Ready Meal Tray Market Sales Revenue | 121212 | $ 21.46 Million | 121212 | 5.9% |
Turkey Plastic Ready Meal Tray Market Sales Revenue | 121212 | $ 4.88 Million | 121212 | 6.2% |
UAE Plastic Ready Meal Tray Market Sales Revenue | 121212 | $ 12.56 Million | 121212 | 6.1% |
Egypt Plastic Ready Meal Tray Market Sales Revenue | 121212 | $ 3.66 Million | 121212 | 5.4% |
Rest of Middle East Plastic Ready Meal Tray Market Sales Revenue | 121212 | $ 13.54 Million | 121212 | 4.8% |
Africa Plastic Ready Meal Tray Market Sales Revenue | 121212 | $ 33.54 Million | $ 37.4 Million | 1.4% |
Nigeria Plastic Ready Meal Tray Market Sales Revenue | 121212 | $ 2.68 Million | 121212 | 1.6% |
South Africa Plastic Ready Meal Tray Market Sales Revenue | 121212 | $ 11.81 Million | 121212 | 2.3% |
Rest of Africa Plastic Ready Meal Tray Market Sales Revenue | 121212 | $ 19.05 Million | 121212 | 0.6% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by By Material Outlook: |
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Plastic ready meal trays are specialized packaging solutions designed to store, transport, and serve pre-packaged meals. These trays are widely used in the food industry, particularly for ready-to-eat meals, frozen foods, and takeaway products. They offer a lightweight, durable, and cost-effective packaging option that helps maintain food quality and freshness. Plastic meal trays come in various designs, including compartmentalized options for multi-item meals, microwave-safe versions for easy reheating, and recyclable or biodegradable variants to address environmental concerns. They are commonly used by supermarkets, restaurants, catering services, and food delivery platforms to ensure convenience for both businesses and consumers.
In February 2022, the Indian Ministry of Environment, Forest and Climate Change introduced guidelines mandating producers, importers, and brand owners to recycle up to 50% of the plastic they produce or use within three years. This policy aims to reduce pollution from plastic waste and promote sustainable packaging practices. https://theprint.in/environment/govts-new-rules-for-plastic-packaging-recycle-upto-50-of-single-use-plastic-in-3-yrs/836530”
The plastic packaging industry has witnessed significant advancements driven by innovation, sustainability concerns, and changing consumer preferences. One of the most notable developments is the introduction of biodegradable and compostable plastics, which help reduce environmental impact while maintaining the durability and convenience of traditional plastic packaging. Materials such as polylactic acid (PLA), polyhydroxyalkanoates (PHA), and starch-based bioplastics are increasingly being used to develop eco-friendly packaging solutions that decompose naturally without leaving harmful residues. Another major advancement is the development of high-barrier plastics that enhance food preservation and extend shelf life. In February 2022, India's Ministry of Environment, Forest and Climate Change (MoEFCC) introduced comprehensive guidelines on Extended Producer Responsibility for plastic packaging. These guidelines mandate producers, importers, and brand owners to recycle up to 50% of the plastic they use or produce over a three-year period. The guidelines classify plastics into four categories and set specific recycling targets for each, aiming to eliminate single-use plastics and promote sustainable alternatives.
The rising demand for convenient and ready-to-eat meals has been a significant driver for the plastic ready meal trays market. As modern lifestyles become busier, consumers are increasingly looking for quick and hassle-free meal options that require minimal preparation. Ready-to-eat meals provide a perfect solution for individuals with hectic schedules, including working professionals, students, and urban dwellers. The growing preference for on-the-go meals has led to an increased reliance on plastic meal trays, which offer ease of storage, transportation, and consumption. The expansion of the food delivery and takeaway industry has further accelerated the demand for plastic ready meal trays. With the rise of online food delivery platforms and mobile apps, consumers can now access a wide range of meals at their convenience. Restaurants, cloud kitchens, and meal prep services rely on plastic trays to ensure their food remains fresh and well-packaged during transit. In October 2023, the U.S. Department of Agriculture's Food Safety and Inspection Service (FSIS) announced plans to strengthen measures against Listeria monocytogenes in RTE meat and poultry products. These measures, set to be implemented by January 2025, include increased testing and monitoring to prevent contamination, aiming to enhance consumer safety.
Consumers are increasingly conscious of the impact of plastic waste on the environment, leading to a surge in demand for packaging solutions that are biodegradable, recyclable, or made from renewable sources. This shift is pushing companies across various industries, including food and beverage, cosmetics, and e-commerce, to adopt sustainable packaging alternatives to align with consumer expectations. One of the key factors fueling this trend is the growing influence of regulatory policies and corporate sustainability commitments. Governments worldwide are implementing stricter regulations on single-use plastics and encouraging the use of sustainable materials. In response, brands are investing in eco-friendly packaging innovations such as compostable bioplastics, paper-based alternatives, and reusable packaging systems. Companies that prioritize sustainability in their packaging not only comply with regulations but also gain a competitive edge by attracting environmentally conscious consumers.
The increasing focus on sustainability and environmental responsibility has led to significant advancements in the development of recyclable and biodegradable plastic trays. Traditional plastic trays, commonly used in food packaging, medical applications, and consumer goods, contribute to plastic waste accumulation and environmental pollution. To address this issue, manufacturers are now investing in innovative materials and technologies to create eco-friendly plastic trays that are either fully recyclable or biodegradable. Many food packaging companies have adopted rPET trays, which offer the same durability and transparency as virgin plastic while significantly reducing the carbon footprint. Advances in recycling technology, such as chemical recycling, have further improved the quality of recycled plastics, making them more viable for high-performance applications.
The growing demand for convenience, safety, and sustainability in food packaging has led to remarkable innovations in smart packaging and food safety technologies. Smart packaging refers to packaging systems that incorporate advanced technologies to monitor and interact with the product, providing real-time data on the quality and condition of the contents. These innovations are transforming the food industry by enhancing food safety, extending shelf life, and improving the overall consumer experience. One of the key advancements in smart packaging is the use of sensors and indicators. Time-temperature indicators (TTIs) and freshness indicators are commonly used to monitor the temperature and freshness of food during storage and transportation. These sensors alert consumers and supply chain operators if food has been exposed to unsafe conditions, such as temperature fluctuations, which could compromise its safety. All these factors further driving the market.
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In 2025, the global trade landscape has shifted dramatically following the U.S. introduction of sweeping tariffs under President Donald Trump’s administration. These "Liberation Day Tariffs," launched in April, aim to reduce trade deficits and boost domestic manufacturing. Tariffs range from 10% on imports from countries like the UK and Australia to 46% on Vietnamese goods, with a blanket 34% tariff on many Chinese imports and 25% on all steel, aluminum, and auto parts. This policy heavily impacts the consumer goods sector apparel, appliances, packaged foods, and personal care products due to their deep reliance on global supply chains, especially in Asia. U.S.–China trade tensions have intensified, with reciprocal tariffs reaching up to 145% on U.S. goods and 125% on Chinese exports, while China’s trade surplus with the U.S. hit USD 102.6 billion in March 2025. In response, the EU and Canada have implemented retaliatory measures, signaling a broader shift toward protectionism.
The consumer goods industry is feeling immediate effects: production costs are rising, sourcing is delayed, and inflation pressures are mounting. Apparel and footwear now face 25% tariffs, prompting brands to seek nearshoring options or raise prices. Household appliances incur 20% tariffs, complicating inventory and procurement strategies. Packaged foods and beverages are hit with 10–15% tariffs, impacting contracts and leading to supplier diversification and product reformulation. Personal care firms face higher costs for imported ingredients and packaging, leading to local sourcing efforts and delays in new product launches. Meanwhile, electronics, though temporarily exempt, are preparing for possible disruptions by diversifying suppliers and increasing inventories.
China remains the backbone of U.S. consumer goods sourcing, accounting for a large portion of imports either directly or through upstream components. This makes tariffs on Chinese goods especially disruptive. The rising input costs 15–30% in many categories combined with seasonal pressures and tight timelines, are causing delays and increased costs. Smaller brands, in particular, are struggling due to limited capital and reduced supplier leverage. Many are being forced to increase prices, cut product variety, or compromise on quality.
Market research is now critical to navigating this volatile environment. It supports supplier mapping and risk assessment, helping brands identify alternative sourcing countries with stable regulations and quality control. It also aids in cost and margin analysis, guiding decisions on pricing and sourcing changes. Optimization of product design and materials through research allows companies to reduce costs while maintaining consumer expectations. Additionally, research helps assess consumer price sensitivity, enabling strategic repositioning. Tracking regulatory changes and running scenario planning models allow firms to anticipate and adapt to future trade shifts.
To cope, companies are restructuring their global sourcing models. Major brands like Nike and IKEA are expanding operations in Vietnam, India, and Mexico, while embracing “in-market for market” strategies to reduce exposure to tariffs and logistics risks. Many are adopting AI-driven demand forecasting and automated procurement, and pushing suppliers for transparency. Product redesign and SKU rationalization are also common. The most successful firms are those using data-driven insights, operational flexibility, and strategic supplier partnerships to adapt not just survive in this new era of global trade.
The Plastic Ready Meal Trays market is highly competitive, characterized by the presence of several global and regional players offering a wide range of products. Key companies in the market, such as Sonoco Products Company, Silver Plastics GmbH & Co. KG, MCP Performance Plastic Ltd, Versatile Packaging, Faerch A/S dominate through their extensive product portfolios, strong distribution networks, and focus on innovation.
In December 2022, the Indian government enforced a 100% recycling target for rigid plastic packaging made from compostable materials, effective from the financial year 2023-24. This initiative encourages the use of environmentally friendly packaging alternatives and aims to enhance the circular economy of plastic waste. https://polymerupdate.com/News/Details/1203336" In September 2024, South Australia expanded its ban on single-use plastic items to include various food and beverage containers, such as ready-to-eat takeaway food containers. The ban mandates the replacement of these items with compostable or reusable alternatives, with penalties for non-compliance. https://www.adelaidenow.com.au/news/south-australia/more-plastic-bags-banned-from-september-1-in-new-phase-of-sa-crackdown/news-story/2cc5cffee5c47e62d9f2caff61da064e/"
Top Companies Market Share in Plastic Ready Meal Tray Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America currently dominates the Plastic Ready Meal Trays market, and the region is expected to have significant growth during the projected period. In North America, the growing demand for convenience foods and pre-packaged meals has significantly driven the plastic ready meal trays market. The rise of online food delivery services and the increasing popularity of frozen and microwaveable meals have fueled demand for these trays. Additionally, strong supermarket and retail chains in the U.S. and Canada rely on plastic meal trays for packaging ready-to-eat foods. While sustainability concerns exist, innovations in recyclable plastic and eco-friendly tray options have helped sustain market growth. The presence of major food packaging companies in the region further supports the development of advanced tray solutions.
Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR). Asia-Pacific presents significant growth opportunities for the plastic ready meal trays market due to rapid urbanization, rising disposable incomes, and changing dietary habits. The booming food delivery sector, particularly in countries like China, India, and Japan, has increased demand for efficient and cost-effective meal packaging. Additionally, the expanding supermarket and hypermarket networks in emerging economies contribute to the growing need for ready meal trays. Manufacturers are also exploring biodegradable plastic alternatives to cater to the region's growing environmental concerns. Government initiatives promoting food safety and packaging standards further support the market's potential for growth.
The current report Scope analyzes Plastic Ready Meal Tray Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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According to Cognitive Market Research, the global Plastic Ready Meal Trays market size was estimated at USD 1,524.5 Million, out of which North America held the major market share of more than 37% of the global revenue with a market size of USD 564.07 million in 2025 and will grow at a compound annual growth rate (CAGR) of 3.9% from 2025 to 2033.
According to Cognitive Market Research, the US had a major share in the Plastic Ready Meal Trays market with a market size of USD 445.05 million in 2025 and is projected to grow at a CAGR of 3.7% during the forecast period. Rise in demand for eco-friendly and recyclable packaging options drives United State Plastic Ready Meal Trays market.
The Canadian Plastic Ready Meal Trays market had a market share of USD 67.69 million in 2025 and is projected to grow at a CAGR of 4.7% during the forecast period. Growth in the number of working professionals and their need for convenient food options drives Canada Plastic Ready Meal Trays market.
The Mexico Plastic Ready Meal Trays market is projected to witness growth at a CAGR of 4.4% during the forecast period, with a market size of USD 51.33 million in 2025..
According to Cognitive Market Research, The global Plastic Ready Meal Trays market size was estimated at USD 1,524.5 Million, out of which Europe held the market share of more than 29% of the global revenue with a market size of USD 442.11 million in 2025 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2025 to 2033.
The United Kingdom Plastic Ready Meal Trays market had a market share of USD 74.27 million in 2025 and is projected to grow at a CAGR of 5.0% during the forecast period. Adoption of single-serving packaging for portion control drives United Kingdom Plastic Ready Meal Trays market.
The France Plastic Ready Meal Trays market is projected to witness growth at a CAGR of 3.4% during the forecast period, with a market size of USD 40.67 million in 2025.
According to Cognitive Market Research, the German Plastic Ready Meal Trays market size was valued at USD 87.54 million in 2025 and is projected to grow at a CAGR of 4.4% during the forecast period. Increased awareness of food safety and hygiene driving demand for secure packaging drives Germany Plastic Ready Meal Trays market.
The Italy Plastic Ready Meal Trays market is projected to witness growth at a CAGR of 3.6% during the forecast period, with a market size of USD 38.02 million in 2025.
The Russia Plastic Ready Meal Trays market is projected to witness growth at a CAGR of 3.2% during the forecast period, with a market size of USD 68.53 million in 2025
The Spain Plastic Ready Meal Trays market is projected to witness growth at a CAGR of 3.3% during the forecast period with a market size of USD 36.25 million in 2025
The Sweden Plastic Ready Meal Trays market is projected to witness growth at a CAGR of 4.3% during the forecast period, with a market size of USD 13.71 million in 2025.
The Denmark Plastic Ready Meal Trays market is projected to witness growth at a CAGR of 4.0% during the forecast period, with a market size of USD 9.28 million in 2025
The Switzerland Plastic Ready Meal Trays market is projected to witness growth at a CAGR of 3.8% during the forecast period, with a market size of USD 6.63 million in 2025.
The Luxembourg Plastic Ready Meal Trays market is projected to witness growth at a CAGR of 4.5% during the forecast period, with a market size of USD 5.31 million in 2025.
The Rest of Europe's Plastic Ready Meal Trays market is projected to witness growth at a CAGR of 2.9% during the forecast period, with a market size of USD 61.89 million in 2025.
According to Cognitive Market Research, the global Plastic Ready Meal Trays market size was estimated at USD 1,524.5 Million, out of which APAC held the market share of around 24% of the global revenue with a market size of USD 365.88 million in 2025 and will grow at a compound annual growth rate (CAGR) of 7.8% from 2025 to 2033.
The China Plastic Ready Meal Trays market size was valued at USD 153.67 million in 2025 and is projected to grow at a CAGR of 7.3% during the forecast period. Plastic Ready Meal Trays surged in China due to growth in the frozen food industry driving demand for plastic meal trays.
The Japan Plastic Ready Meal Trays market is projected to witness growth at a CAGR of 6.3% during the forecast period, with a market size of USD 50.49 million in 2025
The South Korea Plastic Ready Meal Trays market had a market share of USD 43.91 million in 2025 and is projected to grow at a CAGR of 6.9% during the forecast period. Rising demand for premium ready meal options with better packaging drives South Korea Plastic Ready Meal Trays market.
The Indian Plastic Ready Meal Trays market is projected to witness growth at a CAGR of 9.7% during the forecast period, with a market size of USD 36.59 million in 2025.
The Australian Plastic Ready Meal Trays market is projected to witness growth at a CAGR of 7.1% during the forecast period, with a market size of USD 19.03 million in 2025.
The Singapore Plastic Ready Meal Trays market is projected to witness growth at a CAGR of 8.1% during the forecast period, with a market size of USD 7.32 million in 2025.
The Taiwan Plastic Ready Meal Trays market is projected to witness growth at a CAGR of 7.6% during the forecast period, with a market size of USD 14.27 million in 2025.
The South East Asia Plastic Ready Meal Trays market is projected to witness growth at a CAGR of 8.6% during the forecast period, with a market size of USD 24.15 million in 2025.
The Rest of APAC Plastic Ready Meal Trays market is projected to witness growth at a CAGR of 7.6% during the forecast period, with a market size of USD 16.46 million in 2025.
According to Cognitive Market Research, the global Plastic Ready Meal Trays market size was estimated at USD 1,524.5 Million, out of which South America held the market share of around 3.8% of the global revenue with a market size of USD 57.93 million in 2025 and will grow at a compound annual growth rate (CAGR) of 5.4% from 2025 to 2033.
The Brazil Plastic Ready Meal Trays market size was valued at USD 24.79 million in 2025 and is projected to grow at a CAGR of 6.0% during the forecast period. Rising demand for premium ready meal options with better packaging drives Brazil Plastic Ready Meal Trays market.
Argentina's Plastic Ready Meal Trays market had a market share of USD 9.73 million in 2025 and is projected to grow at a CAGR of 6.3% during the forecast period. Improved shelf-life of meals due to the use of high-quality plastic materials drives Argentina Plastic Ready Meal Trays market.
Colombia Plastic Ready Meal Trays market is projected to witness growth at a CAGR of 5.2% during the forecast period, with a market size of USD 5.16 million in 2025
Peru Plastic Ready Meal Trays market is projected to witness growth at a CAGR of 5.6% during the forecast period, with a market size of USD 4.75 million in 2025.
Chile Plastic Ready Meal Trays market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 4.17 million in 2025
The Rest of South America's Plastic Ready Meal Trays market is projected to witness growth at a CAGR of 4.5% during the forecast period, with a market size of USD 9.33 million in 2025.
According to Cognitive Market Research, the global Plastic Ready Meal Trays market size was estimated at USD 1,524.5 Million, out of which the Middle East held the major market share of around 4% of the global revenue with a market size of USD 60.98 million in 2025 and will grow at a compound annual growth rate (CAGR) of 5.6% from 2025 to 2033..
The Qatar Plastic Ready Meal Trays market is projected to witness growth at a CAGR of 5.1% during the forecast period, with a market size of USD 4.88 million in 2025. Increasing government support for food safety standards that encourage packaging innovation drives Qatar Plastic Ready Meal Trays market.
The Saudi Arabia Plastic Ready Meal Trays market is projected to witness growth at a CAGR of 5.9% during the forecast period, with a market size of USD 21.46 million in 2025. Development of heat-resistant plastic materials for maintaining food temperature drives Saudi Arabia Plastic Ready Meal Trays market.
The Turkey Plastic Ready Meal Trays market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 4.88 million in 2025. Plastic Ready Meal Trays sales flourished in Turkey due to adoption of lightweight plastics that reduce transportation costs.
The UAE Plastic Ready Meal Trays market is projected to witness growth at a CAGR of 6.1% during the forecast period, with a market size of USD 12.56 million in 2025.
The Egypt Plastic Ready Meal Trays market is projected to witness growth at a CAGR of 5.4% during the forecast period, with a market size of USD 3.66 million in 2025.
The Rest of the Middle East Plastic Ready Meal Trays market is projected to witness growth at a CAGR of 4.8% during the forecast period, with a market size of USD 13.54 million in 2025
According to Cognitive Market Research, the global Plastic Ready Meal Trays market size was estimated at USD 1,524.5 Million, out of which the Africa held the major market share of around 2.20% of the global revenue with a market size of USD 33.54 million in 2025 and will grow at a compound annual growth rate (CAGR) of 1.4% from 2025 to 2033.
The Nigeria Plastic Ready Meal Trays market is projected to witness growth at a CAGR of 1.6% during the forecast period, with a market size of USD 2.68 million in 2025. Plastic Ready Meal Trays sales flourish due to increasing focus on convenience in home-based meal consumption.
The South Africa Plastic Ready Meal Trays market is projected to witness growth at a CAGR of 2.3% during the forecast period, with a market size of USD 11.81 million in 2025.
The Rest of Africa Plastic Ready Meal Trays market is projected to witness growth at a CAGR of 0.6% during the forecast period, with a market size of USD 19.05 million in 2025.
Global Plastic Ready Meal Tray Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Plastic Ready Meal Tray Industry growth. Plastic Ready Meal Tray market has been segmented with the help of its By Material Outlook:, By Molding Technology Outlook: By Tray Type Outlook:, and others. Plastic Ready Meal Tray market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
How are Segments Performing in the Global Plastic Ready Meal Trays Market?
According to Cognitive Market Research, Polypropylene (PP) is likely to dominate the Plastic Ready Meal Trays Market. Plastic ready meal trays made from polypropylene (PP) are commonly used in the food packaging industry due to their numerous advantages. PP is a thermoplastic polymer known for its durability, resistance to heat, and ability to withstand microwave heating, making it an ideal choice for packaging ready-to-eat meals. These trays are lightweight, ensuring ease of transportation and handling, while also being relatively strong, offering protection to the contents from external damage during shipping and storage. One of the key benefits of polypropylene trays is their excellent resistance to grease and oil, which is crucial for containing foods with high-fat content without compromising the integrity of the packaging. In February 2022, Borouge, a joint venture between Abu Dhabi National Oil Co. and Borealis, commissioned a new PP unit in Ruwais, UAE. This addition increased the company's annual PP production capacity to 2.24 million tons, enhancing its ability to meet global demand across sectors like packaging and infrastructure.
Polyethylene Terephthalate (PET) is the fastest-growing segment in the Plastic Ready Meal Trays market. Plastic ready meal trays, often made from Polyethylene Terephthalate (PET), are commonly used in the food packaging industry due to their excellent properties. PET is a highly durable, lightweight plastic known for its strength, clarity, and ability to maintain the quality of the food it contains. This material is particularly advantageous for ready meal trays because it helps to preserve the flavor, texture, and nutritional value of the meals. The rigidity and resistance to cracking or breaking ensure that the food remains protected during transportation and storage. In addition to their protective qualities, PET trays are versatile, allowing manufacturers to create different shapes and sizes suitable for a variety of ready meal types, from frozen dinners to fresh salads. The material's ability to withstand both cold and moderate heat makes it ideal for both chilled and microwavable meal trays. In June 2023, The Bureau of Indian Standards (BIS) published a draft revised standard for PET bottles used in edible oil packaging. The draft, open for comments until July 17, 2023, set migration limits for various substances and specified requirements for materials and additives.p>
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According to Cognitive Market Research, the Injection Molding segment holds the largest share of the market. Plastic ready meal trays are commonly used in injection molding processes due to their versatility, cost-effectiveness, and suitability for high-volume production. Injection molding involves injecting molten plastic material into a mold cavity under high pressure to form specific shapes, which is ideal for creating uniform, high-quality trays. These trays are extensively used in the food industry for packaging ready-to-eat meals, providing convenience for both consumers and manufacturers. In February 2025, Hillenbrand Inc. sold a 51% majority stake in its Milacron division to an affiliate of Bain Capital for $287 million, while retaining a 49% share. This strategic move aimed to reduce debt and refocus the company's business portfolio.
In the Plastic Ready Meal Trays Market, the Thermoformed Molding segment has been expanding at a rapid pace.Plastic ready meal trays are widely used in the thermoformed molding process due to their cost-effectiveness, versatility, and ability to maintain food quality during storage and transportation. Thermoforming involves heating a plastic sheet to a pliable state and then molding it into the desired shape using a mold. In the case of ready meal trays, this process ensures that the trays fit the specific portions of food while providing an effective barrier to contamination and external elements. In November 2023, Coveris introduced Formpeel P, a recyclable and flexible thermoforming film designed for medical packaging. This development aligns with the industry's shift towards eco-friendly solutions.
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According to Cognitive Market Research, the Single Cavity segment holds the largest market share. Plastic ready meal trays in single cavity form are widely used in the food packaging industry, particularly for convenience and pre-packaged meals. These trays are designed to hold a single portion of a meal, ensuring easy storage, transportation, and heating of the food. Their compact size and single cavity make them an ideal choice for individual servings, whether for home use, restaurants, or takeout services. They are typically made from durable, food-grade plastics such as polypropylene (PP), polyethylene terephthalate (PET), or polystyrene (PS), which provide adequate protection to the food while also being lightweight and cost-effective.
In the Plastic Ready Meal Trays market, Multi Cavity is expected to be the fastest growing segment in the market. In a multi-cavity tray, multiple compartments are molded into a single plastic unit, allowing different types of food to be served in separate sections within the same container. This design is particularly effective for products that require portion control, such as frozen meals, microwave-ready lunches, and individual meal servings. The separate cavities help maintain the integrity of each dish, preventing different food items from mixing or getting soggy. The multi-cavity trays are also advantageous for manufacturers, as they allow for efficient production and packaging processes. These trays can be easily stacked, reducing packaging space and optimizing storage during transportation.
According to Cognitive Market Research, the Food Producers & Processors segment holds the largest market share. Plastic ready meal trays are widely used by food producers and processors for packaging and distributing prepared meals due to their convenience, durability, and cost-effectiveness. These trays provide an efficient means of portioning and preserving food while also allowing for easy transportation and storage. They are particularly popular in the ready-to-eat meal industry, as they can maintain the quality and freshness of the food throughout its shelf life. The plastic material is lightweight, ensuring minimal impact on shipping and handling costs, while its ability to be molded into various shapes allows manufacturers to create trays that fit the specific needs of different meal types, from single-serve dishes to multi-compartment trays.
In the Plastic Ready Meal Trays market, Catering Services is expected to be the fastest growing segment in the market. Plastic ready meal trays have become an essential component in the catering services industry due to their practicality, cost-effectiveness, and convenience. These trays are commonly used in large-scale food preparation and distribution, such as in hospitals, schools, airports, and corporate catering, where meal consistency and ease of handling are crucial. Their lightweight nature ensures easy storage, transportation, and service, which are important for catering operations that need to serve large numbers of people efficiently. One of the primary reasons for their widespread use is the convenience they offer in terms of portion control and easy storage. The trays are typically designed with compartments, which allow different meal components to be kept separate, maintaining food quality and freshness until they are ready to be consumed.
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I am a research analyst working in various domains including the Consumer Goods domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.
Sneha Mali is a research analyst working in various domains including the Consumer Goods, market research and transport & logistics and her primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. Her knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively.Sneha stay up-to-date with the latest research trends, methodologies, and technologies to ensure that her research is accurate, relevant, and impactful.
In her current role, Sneha is committed to continuous learning and staying abreast of emerging trends in research methodologies. Regular participation in workshops, webinars, and industry conferences ensures that her skills remain sharp and relevant. She have demonstrated ability to transform complex data sets into clear and concise narratives that inform key business strategies. Collaborating with cross-functional teams.Sneha remains an invaluable asset in the dynamic landscape of market research.
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By Material Outlook: | Polypropylene (PP), Polyethylene Terephthalate (PET), Crystallized PET, Amorphous PET, Others |
By Molding Technology Outlook: | E Injection Molding, Thermoformed Molding |
By Tray Type Outlook: | Single Cavity, Multi Cavity |
By End Use Outlook: | Food Producers & Processors, Restaurants, Full Service Restaurants, Quick Service Restaurants, Catering Services, Food Courts, Online Food Delivery |
List of Competitors | Sonoco Products Company, Silver Plastics GmbH & Co. KG, MCP Performance Plastic Ltd, Versatile Packaging, Faerch A/S, Omniform Group, DS Smith Plc, Amcor plc, Quinn Packaging, Huhtamaki |
This chapter will help you gain GLOBAL Market Analysis of Plastic Ready Meal Tray. Further deep in this chapter, you will be able to review Global Plastic Ready Meal Tray Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
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Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Plastic Ready Meal Tray. Further deep in this chapter, you will be able to review North America Plastic Ready Meal Tray Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Plastic Ready Meal Tray. Further deep in this chapter, you will be able to review Europe Plastic Ready Meal Tray Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Plastic Ready Meal Tray. Further deep in this chapter, you will be able to review Asia Pacific Plastic Ready Meal Tray Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Plastic Ready Meal Tray. Further deep in this chapter, you will be able to review South America Plastic Ready Meal Tray Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Plastic Ready Meal Tray. Further deep in this chapter, you will be able to review Middle East Plastic Ready Meal Tray Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Plastic Ready Meal Tray. Further deep in this chapter, you will be able to review Middle East Plastic Ready Meal Tray Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Plastic Ready Meal Tray. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation By Material Outlook: Analysis 2019 -2031, will provide market size split by By Material Outlook:. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by By Material Outlook: Analysis 2021 - 2033
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Chapter 11 Market Split by By Molding Technology Outlook: Analysis 2021 - 2033
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Chapter 12 Market Split by By Tray Type Outlook: Analysis 2021 - 2033
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Chapter 13 Market Split by By End Use Outlook: Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Plastic Ready Meal Tray market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 15 Research Methodology and Sources
Why Polypropylene (PP) have a significant impact on Plastic Ready Meal Tray market? |
What are the key factors affecting the Polypropylene (PP) and Polyethylene Terephthalate (PET) of Plastic Ready Meal Tray Market? |
What is the CAGR/Growth Rate of E Injection Molding during the forecast period? |
By type, which segment accounted for largest share of the global Plastic Ready Meal Tray Market? |
Which region is expected to dominate the global Plastic Ready Meal Tray Market within the forecast period? |
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