Egg Packaging Market Forecasts to 2028 – Global Analysis By Global Egg Packaging Market, By Material (Recycled Paper, Paperboard, Molded Cup, Polyethylene Terephthalate, Polystyrene and Other Materials), Product (Cartons, Trays, Containers and Other Produ

Egg Packaging Market Forecasts to 2028 – Global Analysis By Global Egg Packaging Market, By Material (Recycled Paper, Paperboard, Molded Cup, Polyethylene Terephthalate, Polystyrene and Other Materials), Product (Cartons, Trays, Containers and Other Products), Application and By Geography

According to Stratistics MRC, the Global Egg Packaging Market is accounted for $7.09 billion in 2022 and is expected to reach $11.12 billion by 2028 growing at a CAGR of 7.78% during the forecast period. The egg packing is meant to keep eggs safe while being moved from one location to another. It contains filler trays, egg cartons and egg baskets made from rice husks, wheat chaff or chopped straws, all of which are clean and odourless. It assists in protecting eggs from moisture, germs, tainting and natural predators while transporting. It preserves their original quality and absorbs stress and shock. It decreases the economic damage and food safety concerns.

According to the British Journal of Nutrition, researchers compared egg consumption with blood glucose levels in more than 8,000 participants from the China Health and Nutrition Survey and declared consuming one or more eggs per day may increase the risk of diabetes by 60%.

Market Dynamics:

Driver:

Convenience in transportation

Extreme caution must be used when handling eggs in order to prevent breakage during transport. When handling an item as fragile as eggs, transportation becomes the main issue. The cracked eggs results in large economic losses. The trays and cartons used to package eggs are made to be piled on top of one another during lengthy transportation times. They maintain egg quality and make transportation very convenient by cushioning shock and stress which is driving the growth of the market.

Restraint:

Strict regulations

The packaging of eggs is governed by stringent laws. It became mandatory for all packing centres to submit an application to the appropriate administrative centre. Eggs have been classified as per their grades. A ""best before"" date and instructions advising customers to retain eggs must be printed on egg packaging in accordance with legal requirements. All these factors are hindering the market growth.

Opportunity:

Raising consumer consciousness

Egg consumption is being driven by rising consumer knowledge of the nutritional benefits of eggs. It encouraged customers to choose a wholesome food. Egg packaging industry expansion was a direct outcome of rising egg demand. Also customers are very conscious about what they are purchasing, particularly when it comes to fresh produce. These aspects are anticipated to witness a lucrative growth in the market.

Threat:

Environmental concerns

The plastic egg packages are mostly non degradable. Recycled paper egg packaging increases the amount of heavy metals and cancer-causing agents. Manufacturers are now using bioplastics or moulded fibre for egg packaging as a result of environmental concerns. The cost of moulded fibre trays are quite high compared to the plastic trays which is hampering the growth of the market.

Covid-19 Impact

COVID-19 hit the manufacturing stage of the egg packaging industry immensely as the factories were closed worldwide and the scale of production got affected. Sales were delayed in a number of nations throughout the world because the selling points were made closed and individuals were confined inside their houses. After the outbreak, everything returned to normal, which indirectly led to market growth.

The paperboard segment is expected to be the largest during the forecast period

The paperboard segment is estimated to have a lucrative growth, due to its ability of mechanical protection. Paperboard has one of the best recycling rates of any plastic substitute and is low carbon, non-fossil based and renewable. It is least expensive and provides properties such as thickness, density, stiffness, bending and glueability which are driving the segment growth.

The cartons segment is expected to have the highest CAGR during the forecast period

The cartons segment is anticipated to witness the fastest CAGR growth during the forecast period, due to its easy convenience in transportation. It protects eggs from the external shocks. Additionally, it can shield the eggs from damages and spoilage brought on by light and moisture, hence minimising loss and propelling the segment growth.

Region with largest share:

Europe is projected to hold the largest market share during the forecast period owing to the growing consumption of eggs and rising demand from foodservice and food processing industry. This region has the most extensive consumer base for processed egg products. Due to their practise of routine egg shipping, this region's egg packaging business is at a mature level.

Region with highest CAGR:

Asia Pacific is projected to have the highest CAGR over the forecast period, owing to the increase in the inclination of people toward a healthy lifestyle. This region is witnessing the maximum turbulence. Youth population is very high in this region. The gym diets include eggs which credited the youth to opt eggs which inturn propelling the market growth.


Key players in the market

Some of the key players profiled in the Egg Packaging Market include Reynolds Group Holdings Ltd, CELLULOSES DE LA LOIRE, Brodrene Hartmann AS, MAUSER Corporate GmbH, Cascades Inc, Placon Corporation, JIN FU HUA PACKAGING INDUSTRIAL Co Ltd, CKF Inc, Sonoco Products Co, Huhtamaki Group, Pactiv LLC, Pacific Pulp Molding LLC, Primapack SAE, Biodegradable Packaging for Environment Co Ltd, D&W Fine Pack LLC, Linpac Packaging Ltd, Tekni Plex Inc, Graphic Packaging Holding Company, Genpak LLC and KSP Fiber Products Pvt Ltd

Key Developments:

In November 2020, Sonoco ThermoSafe has launched a new line of fully curbside recyclable temperature-controlled packaging for life science and perishable clients in the US. The new offering, which will be various sizes, will initially be available only in the US.

In June 2020, C-P Flexible Packaging—a leading manufacturer of flexible packaging including rollstock, premade pouches, resealable packaging and shrink sleeves announced the acquisition of Genpak Flexible from The Jim Pattison Group. This strategic acquisition provides customers with a wider array of innovative flexible packaging options than ever before.

Volumes Covered:
• Below 6 Eggs
• 6-12 Eggs
• 12-30 Eggs
• Above 30 Eggs
• Other Volumes

Materials Covered:
• Recycled Paper
• Paperboard
• Molded Cup
• Polyethylene Terephthalate
• Polystyrene
• Other Materials

Products Covered:
• Cartons
• Trays
• Containers
• Other Products

Applications Covered:
• Transportation
• Retailing
• Other Applications

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements