Canada Thermoform Trays Market to 2032

Overview

The Canada Thermoform Trays Market is expected to reach a 200.92 USD Million by 2032 and is projected to grow at a CAGR of 4.90% from 2025 to 2032.

Revenue, 2024 (USD Million)
152.80
Forecast, 2032 (USD Million)
200.92
CAGR, 2024 - 2032
4.90%
Report Coverage
Canada

Canada Thermoform Trays Market 2018-2032 USD Million

Canada Thermoform Trays Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 152.80 USD Million
  • Projected Market Size (2032): 200.92 USD Million
  • CAGR (2025-2032): 4.90%

Key Findings of Canada Thermoform Trays Market

  • The Canada Thermoform Trays Market was valued at 152.80 USD Million in 2024.
  • The Canada Thermoform Trays Market is likely to grow at a CAGR of 4.90% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Healthcare in End-Use Segment accounted for the largest share of the market with a revenue of 152.80 USD Million
  • The fastest growing segment PET Trays in Product Segment grew Fastest with a CAGR of 5.77% during the forecast period from 2024 to 2032.

Canada Thermoform Trays Market Scope

Canada Thermoform Trays Market Segmentation & Scope
Product
  • Others
  • Drip Trays
  • Dunnage Trays
  • Insert Trays
  • Shelf Display Trays
  • Standard Trays
  • Oxygen Ingress Barrier Trays
  • Clamshells
  • PET Trays
Barrier Material
  • Others
  • Silicon Oxide Coatings
  • Acrylic Coatings
  • EVOH (Ethylene Vinyl Alcohol)
  • Aluminium Foil
  • Metallized Films
  • PVDC (Polyvinylidene Chloride)
Amount of Polymer
  • Above 150 Grams
  • 100 – 150 Grams
  • 10- 50 Grams
  • 50- 100 Grams
End-Use
  • Others
  • Home Care
  • Hotels, Restaurants & Cafes
  • Personal Care
  • Electronics
  • Food
  • Healthcare
Shape
  • Others
  • Round
  • Rectangular
Usage
  • Non-Disposable
  • Disposable
Distribution Channel
  • B2C
  • B2B
Thermoforming Process
  • Twin Sheet Forming
  • Pressure Forming
  • Vacuum Forming
Material
  • Others
  • Paper & Paperboard
  • Plastic

Canada Thermoform Trays Market Data Coverage Insights

Study Period 2024-2032
Base Year 2021
Unit Revenue in USD Million
Market Value in 2024 152.80 USD Million
Market Value in 2032 200.92 USD Million
CAGR (2025-2032) 4.90%
Historic Data 2016-2023
Market Segments Covered Product,Barrier Material,Amount of Polymer,End-Use,Shape,Usage,Distribution Channel,Thermoforming Process,Material

Regional Insights:

  • Leading Market (2024-2032): Canada, leading in terms of revenue 152.80 USD Million in 2024
    • Key Country: Canada, leading in terms of revenue with value of 152.80 USD Million in 2024.

Segments and Scope

  • Canada Thermoform Trays Market to 2032, By Product
    • PET Trays is the largest segment in Canada Thermoform Trays Market to 2032 with a revenue of 33.79 USD Million in the year 2024.
    • PET Trays is the Fastest growing segment in Canada Thermoform Trays Market to 2032 with a Growth rate of 5.77 % in forecast period 2025-2032.
  • Canada Thermoform Trays Market to 2032, By Barrier Material
    • PVDC (Polyvinylidene Chloride) is the largest segment in Canada Thermoform Trays Market to 2032 with a revenue of 43.78 USD Million in the year 2024.
    • PVDC (Polyvinylidene Chloride) is the Fastest growing segment in Canada Thermoform Trays Market to 2032 with a Growth rate of 5.45 % in forecast period 2025-2032.
  • Canada Thermoform Trays Market to 2032, By Amount of Polymer
    • 50- 100 Grams is the largest segment in Canada Thermoform Trays Market to 2032 with a revenue of 49.19 USD Million in the year 2024.
    • 50- 100 Grams is the Fastest growing segment in Canada Thermoform Trays Market to 2032 with a Growth rate of 5.50 % in forecast period 2025-2032.
  • Canada Thermoform Trays Market to 2032, By End-Use
    • Healthcare is the largest segment in Canada Thermoform Trays Market to 2032 with a revenue of 152.80 USD Million in the year 2024.
    • Food is the Fastest growing segment in Canada Thermoform Trays Market to 2032 with a Growth rate of 4.90 % in forecast period 2025-2032.
  • Canada Thermoform Trays Market to 2032, By Shape
    • Rectangular is the largest segment in Canada Thermoform Trays Market to 2032 with a revenue of 81.45 USD Million in the year 2024.
    • Rectangular is the Fastest growing segment in Canada Thermoform Trays Market to 2032 with a Growth rate of 5.13 % in forecast period 2025-2032.
  • Canada Thermoform Trays Market to 2032, By Usage
    • Disposable is the largest segment in Canada Thermoform Trays Market to 2032 with a revenue of 83.92 USD Million in the year 2024.
    • Disposable is the Fastest growing segment in Canada Thermoform Trays Market to 2032 with a Growth rate of 5.14 % in forecast period 2025-2032.
  • Canada Thermoform Trays Market to 2032, By Distribution Channel
    • B2B is the largest segment in Canada Thermoform Trays Market to 2032 with a revenue of 103.46 USD Million in the year 2024.
    • B2B is the Fastest growing segment in Canada Thermoform Trays Market to 2032 with a Growth rate of 5.04 % in forecast period 2025-2032.
  • Canada Thermoform Trays Market to 2032, By Thermoforming Process
    • Vacuum Forming is the largest segment in Canada Thermoform Trays Market to 2032 with a revenue of 74.55 USD Million in the year 2024.
    • Vacuum Forming is the Fastest growing segment in Canada Thermoform Trays Market to 2032 with a Growth rate of 5.14 % in forecast period 2025-2032.
  • Canada Thermoform Trays Market to 2032, By Material
    • Plastic is the largest segment in Canada Thermoform Trays Market to 2032 with a revenue of 90.02 USD Million in the year 2024.
    • Plastic is the Fastest growing segment in Canada Thermoform Trays Market to 2032 with a Growth rate of 5.05 % in forecast period 2025-2032.

Canada Thermoform Trays Market Company Share Analysis

 
Company Name Company Share Analysis
WestRock Company
Sonoco Products Company
Amcor plc
DS Smith
Pactiv LLC
Canada Thermoform Trays Market Company Share Analysis

Canada Thermoform Trays Market Geographical Sales Distribution, 2018-2032 USD Million

Canada Thermoform Trays Market Geographical Sales Distribution, 2018-2032 USD Million

Canada Thermoform Trays Market Company Profiling

Canada Thermoform Trays Market Company Profiling
Frequently Asked Questions
The Canada Thermoform Trays Market is segmented based on Segmentation Product,Barrier Material,Amount of Polymer,End-Use,Shape,Usage,Distribution Channel,Thermoforming Process,Material.
Canada Thermoform Trays Market was valued at USD 152.80(Revenue in USD Million) in 2021.
Canada Thermoform Trays Market is projected to grow at a CAGR of 4.90% during the forecast period of 2024 to 2032.
The Healthcare segment is expected to dominate the Canada Thermoform Trays Market, holding a largest market share of 152.80 USD Million in 2024

Canada Thermoform Trays Market Scope

Canada Thermoform Trays Market Segmentation & Scope
Product
  • Others
  • Drip Trays
  • Dunnage Trays
  • Insert Trays
  • Shelf Display Trays
  • Standard Trays
  • Oxygen Ingress Barrier Trays
  • Clamshells
  • PET Trays
Barrier Material
  • Others
  • Silicon Oxide Coatings
  • Acrylic Coatings
  • EVOH (Ethylene Vinyl Alcohol)
  • Aluminium Foil
  • Metallized Films
  • PVDC (Polyvinylidene Chloride)
Amount of Polymer
  • Above 150 Grams
  • 100 – 150 Grams
  • 10- 50 Grams
  • 50- 100 Grams
End-Use
  • Others
  • Home Care
  • Hotels, Restaurants & Cafes
  • Personal Care
  • Electronics
  • Food
  • Healthcare
Shape
  • Others
  • Round
  • Rectangular
Usage
  • Non-Disposable
  • Disposable
Distribution Channel
  • B2C
  • B2B
Thermoforming Process
  • Twin Sheet Forming
  • Pressure Forming
  • Vacuum Forming
Material
  • Others
  • Paper & Paperboard
  • Plastic
Frequently Asked Questions
The Canada Thermoform Trays Market is segmented based on Segmentation Product,Barrier Material,Amount of Polymer,End-Use,Shape,Usage,Distribution Channel,Thermoforming Process,Material.
Canada Thermoform Trays Market was valued at USD 152.80(Revenue in USD Million) in 2021.
Canada Thermoform Trays Market is projected to grow at a CAGR of 4.90% during the forecast period of 2024 to 2032.
The estimated market value of the Canada Thermoform Trays Market for final year is USD 200.92 (USD Million).

Canada Thermoform Trays Market Company Profiling

Canada Thermoform Trays Market Company Profiling
Frequently Asked Questions
The Canada Thermoform Trays Market is segmented based on Segmentation Product,Barrier Material,Amount of Polymer,End-Use,Shape,Usage,Distribution Channel,Thermoforming Process,Material.
Canada Thermoform Trays Market was valued at USD 152.80(Revenue in USD Million) in 2021.
Canada Thermoform Trays Market is projected to grow at a CAGR of 4.90% during the forecast period of 2024 to 2032.
The estimated market value of the Canada Thermoform Trays Market for final year is USD 200.92 (USD Million).

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