Tray Market Set to Reach USD 16.6 Billion by 2034, Driven by Consumer Demand for Convenient and Sustainable Packaging Solutions | Future Market Insights, Inc. [Yahoo! Finance]
Sonoco Products Company (SON)
Last sonoco products company earnings: 4/16 06:45 am
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Source: Yahoo! Finance
While growth may not be explosive, the market remains strong due to high demand for innovative and high-quality trays. In response to sustainability concerns, there is a growing focus on eco-friendly trays made from recycled materials or with biodegradable coatings. NEWARK, Del, Dec. 10, 2024 (GLOBE NEWSWIRE) -- The global tray market is poised for significant growth, with projections estimating an increase from USD 12.8 billion in 2024 to USD 16.6 billion by 2034. This growth is largely attributed to a rising consumer preference for convenient and functional packaging solutions, particularly for food storage and transportation. The ease of handling and storing products in trays has made them an increasingly popular choice for consumers, especially in the food industry. The growing emphasis on hygiene and food safety standards further drives the adoption of trays, especially in the foodservice and healthcare industries, where maintaining cleanliness and preventing contamination ar
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News
- Sonoco Inks Agreement to Sell TFP Business to Focus on Core Business [Yahoo! Finance]Yahoo! Finance
- TOPPAN Holdings Acquires Sonoco's TFP BusinessPR Newswire
- TOPPAN Holdings Acquires Sonoco's TFP BusinessPR Newswire
- TOPPAN Holdings Acquires Sonoco's TFP Business [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- TOPPAN Holdings Acquires Sonoco's TFP Business [Yahoo! Finance]Yahoo! Finance
SON
Earnings
- 10/31/24 - Beat
SON
Sec Filings
- 12/18/24 - Form 8-K
- 12/12/24 - Form 4
- 12/12/24 - Form 4
- SON's page on the SEC website