Market Snapshot:
Egg tray is usually referred to as a square paperboard tray shaped which hold and protect eggs in a shipping case or crate. Egg trays primarily protect the egg from the external shock. It can also protect the eggs from the various damaging and going bad due to dampness and illumination so that the loss can be reduced. The market of the egg tray is growing due to the rising production line and cost-efficient production. While due to the drop in egg production due to increasing preference for cage-free eggs can hinder the overall marketThe research analyst at AMA estimates Egg Tray market to grow at a compounded annual growth rate of 5.0%
Segment Analysis
AMA Research have segmented the market of Global Egg Tray market by Type, Application and Region. On the basis of Type, Paper egg trays are dominating the market in the year 2020
On the basis of geography, the market of Egg Tray has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Trend
Increasing popularity of digital printing on packaging and Growing focus on sustainability
Market Drivers
Increasing demand for eggs, Increasing production line and cost-efficient production and Increasing demand for egg trays made of waste material
Opportunities
Durability helps during bulk transportation over longer distances where multiple handlers are present en-route and Rising awareness among consumers
Restraints
- Stringent government regulations on the plastic material used for the egg tray
- Increasing price of eggs
In addition to the aforementioned factor, Increasing demand for eggs
is expected to propel the growth of the market over the forecast period.
The key Vendors profiled in the study are Celluloses de la Loire (France), Dolco packaging (United States), Hartmann (Denmark), Huhtamaki (Finland), Dispak (England), DFM Packaging Solutions (South Africa), MyPak Packaging (Australia), Ovotherm (Austria), Pactiv (United States) and Primapack-S.A.E (Egypt). A lot of United States players are profiled in the research study indicating a strong market dependence.