Egg Tray Market in APAC 2018-2022

The egg tray market size in APAC will grow by USD 239.29 million during 2018-2022. This industry research report provides a detailed analysis of the market based on types of material (plastic egg tray, and paper egg trays), and geography (China, India, Indonesia, and Others). The report analyzes the market’s competitive landscape and offers information on several egg tray manufacturers in APAC including Dongguan HeDong, Huhtamaki, HZ Corporation, KSP FIBRE PRODUCTS, Tekni-Plex, and Tera Plast India.

Below are some of the key findings from this egg tray market in APAC analysis report

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Egg tray market in APAC overview

Consumers across the globe are extensively demanding for eggs due to their several health benefits. Consequently, the rising demand for eggs drives the need for safe packaging for transportation without any significant damages. The increasing need for food packaging is the primary growth factors for the egg tray market in APAC. Egg packaging is advantageous as it reduces wastage and preserves the food products from external influences. Manufacturers in the industry are emphasizing on effective packaging to provide safe and secure packaging solutions. Egg trays are environment-friendly and lightweight and reduce wastage.

Egg tray manufacturers prefer eco-friendly packaging materials and focus extensively on providing 100% recyclable packaging. As paper can be recycled up to seven times, paper product manufacturers acquire significant advantages over other product manufactures. Also, the growing advantages of biodegradable plastics is encouraging the vendors in the egg cartons market to use eco-friendly solutions such as biodegradable plastic materials. Stringent regulations will mandate the use of polylactide acid (PLA) as it is highly suitable for eco-friendly packaging. The growing focus on sustainability will drive the growth of the egg tray market in APAC. Thus, the rising need for food packaging coupled with an increasing focus on sustainability is driving the egg tray market growth in APAC at a CAGR of close to 6% during the forecast period.

Top egg tray companies in APAC covered in this report

The egg tray market in APAC is extremely fragmented. The market is in the growth phase, and the competition is expected to become more intense by the end of the forecast period. To help clients improve their revenue shares in the market, this research report provides an analysis of the market’s competitive landscape and offers information on the products offered by various leading companies. Additionally, this egg tray market in APAC analysis report suggests strategies companies can follow and recommends key areas they should focus on, to make the most of upcoming growth opportunities.

The report offers a detailed analysis of several leading companies, including:

• Dongguan HeDong
• Huhtamaki
• HZ Corporation
• KSP FIBRE PRODUCTS
• Tekni-Plex
• Tera Plast India

 Egg tray market in APAC segmentation based on types of material

• Plastic egg tray
• Paper egg tray

Plastic egg tray was the largest type of material used in the egg tray market in APAC in 2017, owing to several advantages offered by it, such as easy washability, reusability, and durability. The market share of this segment will increase, and it will continue to dominate the market throughout the next five years.

Egg tray market in APAC segmentation based on region

• China
• India
• Indonesia
• Others

China accounted for the largest egg tray market share in APAC in 2017, owing to the high production of eggs in this region. China will witness an increase in its market share and remain the market leader for the next five years.

Key highlights of the egg tray market in APAC for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the egg tray market in APAC during the next five years
• Precise estimation of the egg tray market size in APAC and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the egg tray industry in APAC across China, India, Indonesia, and Others
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on factors that will challenge the growth of egg tray companies in APAC

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