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Future Market Insights (FMI) delivers key pointer on the egg packaging market in its published report, titled "Global Egg Packaging Market: Industry Analysis and Opportunity Assessment, 2019–2029." In terms of revenue, the global egg packaging market is estimated to roughly land at over US$ 5.5 billion by 2019 end.
The global market for egg packaging is expected to be valued at US$ 5.66 Bn by the end of 2019, and it is likely to envisage incremental growth during 2019-2029, according to Future Market Insights. Growing consumption of eggs among ever-expanding consumer base with healthy eating habits is likely to contribute to growth of the egg packaging market.
For a large chunk of time, usage of molded fiber pulp packaging remained synonymous to egg trays, but over the past three years the industry witnessed at least 5 new packaging product launches made out of molded fiber pulp. Global molded fiber pulp packaging market to create new value opportunity of US$ 300 Mn every year till 2025
Latest report on global Pulp Moulding Machines market by FMI Analysts at Future Market Insights find that the global Pulp Moulding Machines market has been evolving at a CAGR of xx% during the historic period 2014-2018. The market study suggests that the global market size of Pulp Moulding Machines is projected to reach ~US$xxMn/Bnby the end of 2029 with a CAGR of xx% over the stipulated timeframe 2019-2029.