Global Egg Tray Market 2017-2021
About Egg Tray
Egg trays are mainly used for transportation and storage. They are built in such a way that they can be stacked, which facilitates bulk transportation. Such trays are mainly used by poultry farmers or wholesalers to transport eggs in bulk for retailers. The size of egg trays carrying eggs may vary depending on factors such as distance and the type of product offering.
Technavio’s analysts forecast the global egg tray market to grow at a CAGR of 5.27% during the period 2017-2021.Covered in this report
The report covers the present scenario and the growth prospects of the global egg tray market for 2017-2021. 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 market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Egg Tray Market 2017-2021
Technavio recognizes the following companies as the key players in the global egg tray market: Celluloses de la Loire, Dolco packaging, Hartmann, and Huhtamaki.
Other Prominent Vendors in the market are: Dispak, DFM Packaging Solutions, Eggs Posure, Europack, MyPak Packaging, Ovotherm, Pactiv, Primapack-S.A.E, SANOVO TECHNOLOGY GROUP, and Starpak.
Commenting on the report, an analyst from Technavio’s team said: “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 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.
Further, the report states that one of the major factors hindering the growth of this market is health hazards in egg industry. Diseases like bird flu can impact the egg industry by reducing egg production volume by a large margin. This directly affects the egg packaging industry.
Celluloses de la Loire, Dolco packaging, Hartmann, Huhtamaki, Dispak, DFM Packaging Solutions, Eggs Posure, Europack, MyPak Packaging, Ovotherm, Pactiv, Primapack-S.A.E, SANOVO TECHNOLOGY GROUP, Starpak.