The global egg tray market to grow at a CAGR of 5.27% during the period 2017-2021.
Global Egg Tray Market 2017-2021 has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. To calculate the market size, the report considers the revenue generated by different vendors through the sale of egg trays made from plastic and paper.
The latest trend gaining momentum in the market is increasing use of technology. Automation and the use of other technologies such as robotics are the emerging trends in the global egg tray market. Vendors are offering customer services to better understand customers' demand to provide solutions accordingly. Some of the benefits of this technology are monitoring driers and burners for better efficiency, optimization of equipment for energy saving, waste reduction, printing and labeling, and aesthetically appealing packaging.
According to the report, one of the major drivers for this market is a growing demand for eggs. High consumption of eggs, increasing population, increasing purchasing power, and wider acceptance of eggs are the major factors boosting the global demand for egg trays. Eggs are a highly accepted food item and are consumed by both vegetarians and non-vegetarians. They are one of the richest sources of protein, minerals, and vitamins.
- Growing demand for eggs
- Increasing production line and cost-efficient production
- Increasing demand for paper egg trays
- Health hazards in egg industry
- Drop in egg production due to increasing preference for cage-free eggs
- Volatile price of eggs
- Use of digital printing and aesthetically appealing packaging
- Increasing use of technology
- Rising awareness among consumers
- Celluloses de la Loire
- Dolco Packaging
Other prominent vendors
- DFM Packaging Solutions
- Eggs Posure
- MyPak Packaging
- Sanovo Technology Group
For more information about this report visit http://www.researchandmarkets.com/research/6kft2v/global_egg_tray.