/PRNewswire/ The global egg tray market size is estimated to grow by USD 2,923.83 million from 2022 to 2027, according to Technavio. The market is estimated.
/PRNewswire/ Vendor Landscape The egg packaging market is fragmented and the vendors are deploying growth strategies such as focusing majorly on increasing.
/PRNewswire/ Vendor Landscape The egg packaging market is fragmented and the vendors are deploying growth strategies such as focusing majorly on increasing.
The global egg packaging market is expected to exhibit moderate growth during 2021-2026. Looking forward, the market is expected to grow at a CAGR of around 5% during the forecast period
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Egg Packaging Market – Geographical Insights
The global egg packaging market is dominated by APAC, Europe, and North America, which together holds more than 70% share in 2019. The APAC market is largely volume-driven due to the growing retail landscape along with organized packaging growth. The increasing need for food packaging has been the primary growth factor for the egg packaging market in the APAC region. In 2019, several manufacturers in the APAC egg industry started emphasizing effective packaging to provide safe and secure packaging solutions. Therefore, the demand for alternative materials in the egg packaging market is expected to surge significantly across major countries like India, China, and Australia during the forecast period.