Future Market Insights
Baking molds and trays have provided effective packaging solution for containing bakery products. Bakery products such as cakes, cookies, pastries, biscuits require bakery molds that provide perfect heating, as well as protection while removing the baked food products from molds. Baking molds and trays can sustain a very high temperature of 390 degrees and above it, so food items can easily be microwaved or kept in ovens, without being burnt in molds. Baking molds and trays are rigid, durable and reusable and are present in variety of shapes. Excellent release property of baking molds and trays eliminates the issues that occurs while removing baked goods from trays. Baking molds and trays provide cost effective solutions to bakers. Baking molds and trays are made up of plastic, metals, aluminum silicone etc. With advancement in technology manufacturers are producing baking molds and trays which terminate greasing, washing or glazing. Bakers are preferring baking molds and trays over other products due to their cost effective solutions.
Baking Molds and Trays Market: Market Dynamics
Baking molds and tray market is driven by growing demand for packaging in the food industry. Manufacturing company Kempf GmbH has introduced joint bars that are attached with baking molds and trays, which has eradicated the issue of removing cake, without breaking of edges or making them curl from ends. Manufacturers operating in the global market for baking molds and trays invest in new product development activities that result into innovative market solutions. Manufacturers of baking molds and trays are using silicone coatings and Teflon coatings improve effectiveness. Silicone elastomer based coating, have anti-slip property plus good release properties. This coating on baking molds and trays speed up the process and also provides cost saving solution to bakers. Nowadays, baking molds and trays manufacturers are using heat transfer paints that further reduces the energy consumption of about 12%. Effective and user friendly features of baking molds and trays is expected to drive the global market for baking molds and trays. Baking molds and trays are lighter in weight with optimum durability, high temperature resistant feature. Lightweight and optimum durability feature of baking molds and trays is expected to drive the global market for baking molds and trays. Manufacturers of baking molds and trays are looking towards more sustainable solutions, such as 100% recyclable baking molds and trays.
Baking Molds and Trays market: Market Segmentation
The global baking molds and trays market is segmented on the basis of material type and by capacity type.
On the basis of material baking molds & tray market is segmented as:
On the basis of capacity baking molds & tray market is segmented as
Baking Molds and Trays Market: Regional Overview
Global baking molds and trays are segmented into seven regions including North America, Latin America, Eastern Europe, Western Europe, Middle East and Africa (MEA), Asia Pacific excluding Japan (APEJ) and Japan. In North America, baking molds and trays market is expected to generate substantial opportunity. Europe region baking molds is expected to sustain a moderate growth over the forecast period 2017-2027. Densely populated Asia Pacific region has shown high consumption of baking molds and trays. Investors, are seeing great opportunities in this region, due to rising demands of consumers, and increase in per person spending.
Baking Molds and Trays Market: Competitive Landscape
Some of the key players for baking molds & tray market is Wacker Chemie AG, Kempf GmbH, Westcan Marketing Inc, Rolex Tin & Metal Works and King Metal Industries.
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