The Global waste-Fibre Trays Market was valued at USD 1,409.70 million in 2024 and is expected to grow to a strong CAGR of around 6.4% during the forecast period (2025-2033F),

The increasing use of recycled fiber and other green materials is the major driving factor for the waste-fibre trays market, as industries and governments are becoming more concerned with sustainability and the efficiency of resources.

Within the material category, the recycled paper pulp segment holds the largest market share due to its cost-effectiveness, well-developed recycling infrastructure, and consumer acceptance.

The Asia-Pacific region holds a significant market share in the global waste-fibre trays market, owing to rapid demand growth in the food and beverages, agriculture, and e-commerce sectors, as well as to increasing environmental restrictions on sustainable materials and high production capacities in countries such as China and India.

The waste-fibre trays market is moderately consolidated, with big players such as Huhtamäki Oyj, Brødrene Hartmann A/S, Cirkla Inc, ThermoFibre, and BIONOVA Packaging Solutions Pvt. Ltd.

The waste-fibre trays market is growing significantly due to the increasing concern about environmental issues and tightening global restrictions on single-use plastic packaging. Companies in the food service, retail, and consumer goods industries are moving towards biodegradable and recyclable packaging to achieve sustainability goals and consumer demands. Waste-fibre trays are produced using recycled paper and agricultural waste materials, and they are suitable for supporting circular economy models, and also provide sufficient strength, insulation, and cost efficiency. Increased demand for eco-friendly food packaging, fast-growing ready-to-eat and takeaway food service businesses, and corporate ESG requirements are further driving the waste-fibre trays market.

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Rising adoption of recycled fiber and eco-friendly materials

One of the major factors in the waste-fibre trays market is the increasing use of recycled fiber and other green materials, as industries and governments are becoming more concerned with sustainability and the efficiency of resources. The manufacturers are moving towards post-consumer and post-industrial recycled fibers to reduce reliance on virgin raw materials, lower carbon emissions, and less landfill waste. The shift is beneficial in terms of the principles of the circular economy, according to which materials will be reused and recycled, instead of being discarded. Food, electronics, and consumer goods brand owners are eager to use recycled fiber packaging to achieve corporate sustainability objectives and improve their environmental performance. Additionally, consumer awareness of plastic pollution has increased demand for packaging that is biodegradable, recyclable, and compostable. The shift is further enhanced by regulatory frameworks that promote the use of recycled materials and materials that are environmentally friendly.

For instance, in May 2025, Marks & Spencer introduced its first alternative tray for ready meals, designed to reduce plastic use and support recyclability across its food range. The new packaging solution was rolled out to replace conventional plastic trays, aligning with the company’s sustainability targets to minimize environmental impact and improve circularity in food packaging.

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According to the report, the Europe region is expected to Grow Fastest in the Global Waste-Fibre Trays Market

It is projected that Europe will develop at the most rapid pace in the waste-fibre trays sector, as it has a high level of regulatory environment and high levels of sustainability. The strong policies of the European Union, such as the Single-Use Plastics Directive, Packaging and Packaging Waste Regulation, and Extended Producer Responsibility schemes, are forcing manufacturers to switch to recyclable and biodegradable materials instead of plastics. Consumer eco-awareness, strong recycling systems, and substantial investments in the development of a circular economy are also high in Europe, leading to demand for fiber-based packaging. Moreover, major economies such as Germany, France, and the UK are rapidly replacing plastic trays with molded fiber alternatives in the food, retail, and e-commerce industries, thereby strengthening regional packaging sustainability innovation.

For instance, in June 2025, Coveris, a leading European packaging manufacturer, launched a new board-based MAP tray solution that reduced plastic usage by up to 90% for the meat, fish, and poultry packaging sector while retaining product shelf-life and recyclability. The BarrierFresh MAP trays combined sustainably sourced board with an advanced barrier film and were introduced as a sustainable alternative to traditional rigid plastic trays for chilled food applications.

Key Offerings of the Report

Market Size, Trends, & Forecast by Revenue | 2025−2033.

Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities

Market Segmentation – A detailed analysis By Material, By Tray Type, By Application, and By Region

Competitive Landscape – Top Key Vendors and Other Prominent Vendors

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