Technavio has been monitoring the egg tray market and it is poised to grow by USD 865.64 million during 2020-2024, progressing at a CAGR of over 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Egg Tray Market 2020-2024 (Graphic: Business Wire).
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Frequently Asked Questions-
What was the value of the egg tray market in 2019?
Technavio says that the value of the market was at USD 2,363.63 million in 2019 and is projected to reach USD 3,229.27 million by 2024.
At what rate is the market projected to grow during the forecast period 2020-2024?
Growing at a CAGR of over 6%, the market growth will accelerate during the forecast period.
What is the key factor driving the market?
High demand for eggs is one of the key factors driving the market growth.
Who are the top players in the market?
Al Ghadeer Group, Brodrene Hartmann AS, Cascades Inc., CELLULOSES DE LA LOIRE, GI-OVO BV, Green Pulp Paper Industry Sdn Bhd, Huhtamäki Oyj, MAUSER Corporate GmbH, Reynolds Group Holdings Ltd., and Teo Seng Capital Berhad are some of the major market participants.
Which region is expected to hold the highest market share?
What is a major trend in the market?
Use of technology for manufacturing egg trays is a major trend driving the market growth.
What is the year-over-year growth rate of the global market?
The year-over-year growth rate for 2020 is estimated at 7.04%.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Al Ghadeer Group, Brodrene Hartmann AS, Cascades Inc., CELLULOSES DE LA LOIRE, GI-OVO BV, Green Pulp Paper Industry Sdn Bhd, Huhtamäki Oyj, MAUSER Corporate GmbH, Reynolds Group Holdings Ltd., and Teo Seng Capital Berhad are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
High demand for eggs has been instrumental in driving the growth of the market.
Egg Tray Market 2020-2024: Segmentation
Egg Tray Market is segmented as below:
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Egg Tray Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our egg tray market report covers the following areas:
Egg Tray Market size
Egg Tray Market trends
Egg Tray Market analysis
This study identifies the use of technology for manufacturing egg trays as one of the prime reasons driving the egg tray market growth during the next few years.
Egg Tray Market 2020-2024: Vendor Analysis
We provide a detailed analysis of vendors operating in the egg tray market, including some of the vendors such as Al Ghadeer Group, Brodrene Hartmann AS, Cascades Inc., CELLULOSES DE LA LOIRE, GI-OVO BV, Green Pulp Paper Industry Sdn Bhd, Huhtamäki Oyj, MAUSER Corporate GmbH, Reynolds Group Holdings Ltd., and Teo Seng Capital Berhad. Backed with competitive intelligence and benchmarking, our research reports on the egg tray market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Egg Tray Market 2020-2024: Key Highlights
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist egg tray market growth during the next five years
Estimation of the egg tray market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the egg tray market
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of egg tray market vendors
Table of Contents:
Value chain analysis
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market Segmentation by Raw Materials
Comparison by Raw Materials
Plastic - Market size and forecast 2019-2024
Paper - Market size and forecast 2019-2024
Market opportunity by Raw Materials
APAC - Market size and forecast 2019-2024
North America - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Drivers, Challenges, and Trends
Volume driver - Demand led growth
Volume driver - Supply led growth
Volume driver - External factors
Volume driver - Demand shift in adjacent markets
Price driver - Inflation
Price driver - Shift from lower to higher priced units
Market positioning of vendors
Al Ghadeer Group
Brodrene Hartmann AS
CELLULOSES DE LA LOIRE
Green Pulp Paper Industry Sdn Bhd
MAUSER Corporate GmbH
Reynolds Group Holdings Ltd.
Teo Seng Capital Berhad
Scope of the report
Currency conversion rates for US$
List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200804005056/en/