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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