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Alpha Hydroxy Acid (AHA) Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2018-2022 and Forecast 2023-2029

Correx Trays Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2018-2022 and Forecast 2023-2029

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Correx Trays Market: By Product Type (with Lid, Open Top, Tote Trays) By Layers (Single Wall, Double Wall, Triple Wall) By Thickness ( Upto 3.5mm, 3.5mm to 5mm, 5mm to 7mm and 7mm above) By Material Type ( Polypropylene (PP), High Density Polypropylene (HDPE), Polyethylene Terephthalate (PET), Polycarbonate (PC), Polypropylene Carbonate (PPC)) By End User (Pharmaceuticals, Logistics & Transportation, Medical & Healthcare, Automobile, Food & Beverages, Electrical & Electronics, Cosmetics & Personal care and others) By Geographical Location( North America, Europe, Asia-Pacific, South-America, MEA)

 

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Report

Description

Correx Trays  Market size expected to grow at a  significant CAGR  from 2022-2028. Correx Trays are a low-particle corrugated plastic trays and Lids which are mostly utilizes for the packing and secured transportation of vials and ampoules. Correx trays are wining huge popularity across the transportation & logistics sectors, because of their high durability, versatile usage, and highly resistant against moisture, chemicals, uv rays, and other outsourcing factors. In addition to this, due to their ability to provide maximum safety during material handling, these trays are becoming as an profusion application for packaging products such as cold drinks glass bottles, and other frangible products. This results in rapid expansion of retail sector and accordingly growing number of hypermarkets, supermarkets, individual stores, and other markets across the globe and is expected to create lucrative growth opportunities in the global correx trays market. For instance, Due to the emergence of infectious diseases such as COVID-19, Ebola and others numerous medical and pharmaceutical companies are increasingly investing in  research & development activities for finding effective rehabilitation for storage of scarce medical and novel medications. Correx trays are predominently used for storage, handling, and transporting of DNA samples, blood samples, and others, further used for separation of test tubes filled with body fluids of patients across medical laboratories and healthcare spaces. This is expected to fuel the growth of the global correx trays market. The restraining factor which is hindering the growth of the global correx tray market is the restriction up on the use of plastics such as polycarbonate, polypropylene carbonate, polypropylene, and other poly carbonate products by the government and environmental organizations. Adding on, as there in an very high incline in the usage of wood based, paper based products in the world, this is leading to an decline in the demand for the correx trays products. Apart from these as the products are used in huge amounts by the packaging and many other industrial verticals these will lead in creating a huge growth for the global correx trays market during the forecast period.

Correx Trays Market

MARKET SUMMARY
-
x%
  • Study Period– 2023 – 2029
  • Base Year– 2022
  • CAGR–  x%
  • Largest Market– Asia Pacific
  • Fastest Growing Market–  North America

Correx Trays Market

  • The global correx trays market report gives comprehensive outlook on bovine respiratory disease treatment across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
  • The correx trays market report gives historical, current, and future market sizes (US$ Mn) on the basis of product type, thickness, material type, end user, and geography.
Key Players
  • GWP Group
  • Mj Solpac Ltd
  • Carter Box
  • CreaBuild
  • C and C modularcages
Correx Trays Market Dynamics

The correx trays boxes are gaining its production in the packaging business due to an increased consciousness on environmental safety and consumer awareness, where this becomes the opportunity and a scope for the increase in the global correx trays market. The key drivers of the global correx trays market include the increasing demand for food packaging and the expanding demand for correx trays from the food and beverage industry. Further, the growing demand for correx trays from the healthcare industry and from the pharmaceutical industry is also resulting in the expansion of the market size. And moreover, most countries prefer packaged food, which is also another crucial aspect in the market growth. As these trays are gradually converted smaller size and is becoming more concise, it is happening to be more favorable for usage in a variety of matters, further the trays are becoming more user-friendly and can serve a variety of different needs. It is also widely used for the packing purpose and mostly used by logistic companies for packing. The hindering factor for growth of the market is increase in the usage of natural based products and less usage of the correx based products.

North-America Got Significant Share

Correx Trays Market

North America is expected to become the leading market of global correx trays market worldwide and is expected to acquire the market in the coming years. The reason for this is the rapidly growing clinical trials and well-established healthcare infrastructure in the region. The European markets is significantly showing up a decent growth after the North American region, due to the consumers preference towards adoption of sustainable packaging and transportation solutions. Further, the key manufacturers in the region are aiming in producing eco-friendly, shatterproof, and tamper-proof trays to capitalize on this opportunity. Also, the Asia Pacific correx trays market is expected to develop at the fastest CAGR of from 2022 to 2028, due to growing logistics and transportation sector.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East
Key

Key Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2018-2022) and forecast (2023-2029)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Alpha Hydroxy Acid (AHA) Market Segmentation

segmentation-block-image

Product Type

    • Glycolic Acid
    • Lactic Acid
    • Citric Acid
    • Others
segmentation-block-image

By Application

    • Cosmetics
      • Glycolic Acid
      • Lactic Acid
      • Citric Acid
      • Others
    • Dermal
segmentation-block-image

By Geography

    • North America
    • Europe
    • Asia-Pacific
    • South America
    • MEA
Location

GEOGRAPHY

Frequently Asked Questions

Correx trays are low particle corrugated plastic trays and Lids which are mostly preferred for the packaging and safe transportation of medical equipment.

The Logistics and Transportation is expected to be the fastest growing segment in the global correx trays market.

The major dynamics of the market are these trays are becoming smaller and more concise, it is becoming more favorable for usage in a variety of matters.

The affordable prices of the products and growing uses in the healthcare and logistics segments are few opportunities for the growth of the global correx trays market.

Report

Table Of Content

1. Executive Summary
2. Global Correx Trays Market Introduction
2.1. Global Correx Trays Market – Taxonomy
2.2. Global Correx Trays Market –Definitions
2.2.1. By Product Type
2.2.2. By Thickness
2.2.3. By Material Type
2.2.4. By End User
2.2.5. By Geography
3. Global Correx Trays Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Correx Trays Market Dynamic Factors – Impact Analysis
3.6. Global Correx Trays Market – Competition Landscape
4. Global Correx Trays Market Analysis,2017 – 2021 and Forecast, 2022 – 2028
4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Correx Trays Market, By Product Type, 2017–2021 and Forecast, 2022–2028 (Revenue, USD Mn)
5.1. With Lid
5.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Open Top
5.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Tote Trays
5.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
6. Global Correx Trays Market, By Thickness, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.1. Upto 3.5 MM
6.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. 3.5 MM – 5MM
6.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. 5 MM to 7 MM
6.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. 7 MM& Above
6.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3. Market Opportunity Analysis
7. Global Correx Trays Market Forecast, By Material Type,2017–2021 and Forecast, 2022–2028 (Revenue, USD Mn)
7.1. Polypropylene (PP)
7.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. High Density Polypropylene (HDPE)
7.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Polyethylene Terephthalate (PET)
7.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
7.4. Polycarbonate (PC)
7.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.4.3. Market Opportunity Analysis
7.5. Polypropylene Carbonate (PPC)
7.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.5.3. Market Opportunity Analysis
8. Global Correx Trays Market, By End User, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.1. Pharmaceuticals
8.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Logistics & Transportation
8.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. Medical & Healthcare
8.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
8.4. Automotive
8.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.4.3. Market Opportunity Analysis
8.5. Food & Beverages
8.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.5.3. Market Opportunity Analysis
8.6. Electrical & Electronics
8.6.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.6.3. Market Opportunity Analysis
8.7. Cosmetics & Personal Care
8.7.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.7.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.7.3. Market Opportunity Analysis
8.8. Others
8.8.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.8.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.8.3. Market Opportunity Analysis
9. Global Correx Trays Market Forecast, By Geography, 2017–2021 and Forecast, 2022–2028(Revenue, USD Mn)
9.1. North America
9.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
9.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.1.3. Market Opportunity Analysis
9.2. Europe
9.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
9.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.2.3. Market Opportunity Analysis
9.3. Asia-Pacific
9.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
9.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.3.3. Market Opportunity Analysis
9.4. Latin America
9.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
9.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.4.3. Market Opportunity Analysis
9.5. Middle East and Africa
9.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
9.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.5.3. Market Opportunity Analysis
9.6. Global Correx Trays Market – Opportunity Analysis Index, By Product Type, Thickness, Material Type, IEnd User, and Region, 2022 – 2028
10. North America Correx Trays Market Analysis,2017–2021 and Forecast, 2022–2028(Revenue, USD Mn)
10.1. Product Type Analysis 2017–2021and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. With Lid
10.1.2. Open Top
10.1.3. Tote Trays
10.2. Thickness Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.2.1. Upto 3.5mm
10.2.2. 3.5mm to 5mm
10.2.3. 5mm to 7mm
10.2.4. 7mm above
10.3. Material Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.3.1. Polypropylene (PP)
10.3.2. High Density Polypropylene (HDPE)
10.3.3. Polyethylene Terephthalate (PET)
10.3.4. Polycarbonate (PC)
10.3.5. Polypropylene Carbonate (PPC)
10.4. End User Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.4.1. Pharmaceuticals
10.4.2. Logistics & Transportation
10.4.3. Medical & Healthcare
10.4.4. Automobile
10.4.5. Food & Beverages
10.4.6. Electrical & Electronics
10.4.7. Cosmetics & Personal care
10.4.8. others
10.5. Country Analysis 2017 – 2021 and Forecast 2022 – 2028by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.5.1. USA
10.5.2. Canada
10.6. North America Correx Trays Market – Opportunity Analysis Index, By Product Type, Thickness, Material Type, End User, and Country, 2022 – 2028
10.7. North America Correx Trays Market Dynamics – Trends
11. Europe Correx Trays Market Analysis, 2017–2021 and Forecast, 2022–2028 (Revenue, USD Mn)
11.1. Product Type Analysis 2017–2021and Forecast 2022 – 2028by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. With Lid
11.1.2. Open Top
11.1.3. Tote Trays
11.2. Thickness Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.2.1. Upto 3.5mm
11.2.2. 3.5mm to 5mm
11.2.3. 5mm to 7mm
11.2.4. 7mm above
11.3. Material Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.3.1. Polypropylene (PP)
11.3.2. High Density Polypropylene (HDPE)
11.3.3. Polyethylene Terephthalate (PET)
11.3.4. Polycarbonate (PC)
11.3.5. Polypropylene Carbonate (PPC)
11.4. End User Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.4.1. Pharmaceuticals
11.4.2. Logistics & Transportation
11.4.3. Medical & Healthcare
11.4.4. Automobile
11.4.5. Food & Beverages
11.4.6. Electrical & Electronics
11.4.7. Cosmetics & Personal care
11.4.8. others
11.5. Country Analysis 2017–2021and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.5.1. Germany
11.5.2. UK
11.5.3. France
11.5.4. Spain
11.5.5. Italy
11.5.6. Rest of Europe
11.6. Europe Correx Trays Market – Opportunity Analysis Index, By Product Type, Thickness, Material Type, End User, and Country, 2022 – 2028
11.7. Europe Correx Trays Market Dynamics – Trends
12. Asia-Pacific Correx Trays Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
12.1. Product Type Analysis 2017–2021and Forecast 2022 – 2028by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. With Lid
12.1.2. Open Top
12.1.3. Tote Trays
12.2. Thickness Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.2.1. Upto 3.5mm
12.2.2. 3.5mm to 5mm
12.2.3. 5mm to 7mm
12.2.4. 7mm above
12.3. Material Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.3.1. Polypropylene (PP)
12.3.2. High Density Polypropylene (HDPE)
12.3.3. Polyethylene Terephthalate (PET)
12.3.4. Polycarbonate (PC)
12.3.5. Polypropylene Carbonate (PPC)
12.4. End User Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.4.1. Pharmaceuticals
12.4.2. Logistics & Transportation
12.4.3. Medical & Healthcare
12.4.4. Automobile
12.4.5. Food & Beverages
12.4.6. Electrical & Electronics
12.4.7. Cosmetics & Personal care
12.4.8. others
12.5. Country Analysis2017–2021and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.5.1. Japan
12.5.2. China
12.5.3. India
12.5.4. ASEAN
12.5.5. Australia & New Zealand
12.5.6. Rest of Asia-Pacific
12.6. Asia-Pacific Correx Trays Market – Opportunity Analysis Index, By Product Type, Thickness, Material Type, End User, and Country,2022 – 2028
12.7. Asia-Pacific Correx Trays Market Dynamics – Trends
13. Latin America Correx Trays Market Analysis,2017 – 2021 and Forecast, 2022–2028(Revenue, USD Mn)
13.1. Product Type Analysis 2017–2021and Forecast 2022 – 2028by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.1.1. With Lid
13.1.2. Open Top
13.1.3. Tote Trays
13.2. Thickness Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.2.1. Upto 3.5mm
13.2.2. 3.5mm to 5mm
13.2.3. 5mm to 7mm
13.2.4. 7mm above
13.3. Material Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.3.1. Polypropylene (PP)
13.3.2. High Density Polypropylene (HDPE)
13.3.3. Polyethylene Terephthalate (PET)
13.3.4. Polycarbonate (PC)
13.3.5. Polypropylene Carbonate (PPC)
13.4. End User Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.4.1. Pharmaceuticals
13.4.2. Logistics & Transportation
13.4.3. Medical & Healthcare
13.4.4. Automobile
13.4.5. Food & Beverages
13.4.6. Electrical & Electronics
13.4.7. Cosmetics & Personal care
13.4.8. others
13.5. Country Analysis 2017–2021and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.5.1. Brazil
13.5.2. Mexico
13.5.3. Argentina
13.5.4. Rest of Latin America
13.6. Latin America Correx Trays Market – Opportunity Analysis Index, By Product Type, Thickness, Material Type, End User, and Country, 2022 – 2028
13.7. Latin America Correx Trays Market Dynamics – Trends
14. Middle East and Africa Correx Trays Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
14.1. Product Type Analysis 2017–2021and Forecast 2022 – 2028by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
14.1.1. With Lid
14.1.2. Open Top
14.1.3. Tote Trays
14.2. Thickness Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.2.1. Upto 3.5mm
14.2.2. 3.5mm to 5mm
14.2.3. 5mm to 7mm
14.2.4. 7mm above
14.3. Material Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.3.1. Polypropylene (PP)
14.3.2. High Density Polypropylene (HDPE)
14.3.3. Polyethylene Terephthalate (PET)
14.3.4. Polycarbonate (PC)
14.3.5. Polypropylene Carbonate (PPC)
14.4. End User Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.4.1. Pharmaceuticals
14.4.2. Logistics & Transportation
14.4.3. Medical & Healthcare
14.4.4. Automobile
14.4.5. Food & Beverages
14.4.6. Electrical & Electronics
14.4.7. Cosmetics & Personal care
14.4.8. others
14.5. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
14.5.1. Gulf Cooperation Council (GCC) Countries
14.5.2. Israel
14.5.3. South Africa
14.5.4. Rest of MEA
14.6. MEA Correx Trays Market – Opportunity Analysis Index, By Product Type, Thickness, Material Type, End User, and Country, 2022 – 2028
14.7. MEA Correx Trays Market Dynamics – Trends
15. Competition Landscape 
15.1. Strategic Dashboard of Top Market Players
15.2. Company Profiles (Introduction, Financial Analysis, Product Type& Service Thickness, Key Developments, Strategies, and SWOT Analysis)
15.2.1. GWP Group
15.2.2. Mj Solpac Ltd
15.2.3. Carter Box
15.2.4. Adelphi healthcare packaging
15.2.5. Corplex
15.2.6. CreaBuild
15.2.7. C and C modularcages
15.2.8. Twinplast
15.2.9. Ds Smith
15.2.10. Duroplastic Technologies
15.2.11. Ape Tape
15.2.12. Sarcina Packaging
15.2.13. Global Plastic Sheeting
16. Research Methodology
17. Key Assumptions and Acronyms
Report

Company Profile

  • GWP Group
  • Mj Solpac Ltd
  • Carter Box
  • Adelphi healthcare packaging
  • Corplex
  • CreaBuild
  • C and C modularcages
  • Twinplast
  • Ds Smith
  • Duroplastic Technologies
  • Ape Tape
  • Sarcina Packaging
  • Global Plastic Sheeting

Description

Correx Trays  Market size expected to grow at a  significant CAGR  from 2022-2028. Correx Trays are a low-particle corrugated plastic trays and Lids which are mostly utilizes for the packing and secured transportation of vials and ampoules. Correx trays are wining huge popularity across the transportation & logistics sectors, because of their high durability, versatile usage, and highly resistant against moisture, chemicals, uv rays, and other outsourcing factors. In addition to this, due to their ability to provide maximum safety during material handling, these trays are becoming as an profusion application for packaging products such as cold drinks glass bottles, and other frangible products. This results in rapid expansion of retail sector and accordingly growing number of hypermarkets, supermarkets, individual stores, and other markets across the globe and is expected to create lucrative growth opportunities in the global correx trays market. For instance, Due to the emergence of infectious diseases such as COVID-19, Ebola and others numerous medical and pharmaceutical companies are increasingly investing in  research & development activities for finding effective rehabilitation for storage of scarce medical and novel medications. Correx trays are predominently used for storage, handling, and transporting of DNA samples, blood samples, and others, further used for separation of test tubes filled with body fluids of patients across medical laboratories and healthcare spaces. This is expected to fuel the growth of the global correx trays market. The restraining factor which is hindering the growth of the global correx tray market is the restriction up on the use of plastics such as polycarbonate, polypropylene carbonate, polypropylene, and other poly carbonate products by the government and environmental organizations. Adding on, as there in an very high incline in the usage of wood based, paper based products in the world, this is leading to an decline in the demand for the correx trays products. Apart from these as the products are used in huge amounts by the packaging and many other industrial verticals these will lead in creating a huge growth for the global correx trays market during the forecast period.

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