The global egg packaging market size reached US$ 4.9 Billion in 2023. Looking forward, the publisher expects the market to reach US$ 6.9 Billion by 2032, exhibiting a growth rate (CAGR) of 3.88% during 2023-2032. The market is driven by the increasing consumption of egg across the globe, growing demand for convenience foods, expansion of the retail and e-commerce sector, rapid advancements in packaging technology, imposition of stringent food safety regulations, heightened concerns about sustainability, and the rising urbanization.
They also contain heart-healthy unsaturated fats and are a great source of important nutrients, such as vitamin B6, B12, and vitamin D. This trend has spurred the development of various egg-based convenience products, such as pre-cooked eggs, egg salads, and egg-based snacks, all of which require specialized packaging to maintain freshness and quality.
Also, the e-commerce market is expected to reach US$ 350 billion by 2030. It experienced a 21.5% growth in 2022, with a value of US$ 74.8 billion. This hike has increased the need for effective packaging solutions for retailers and e-commerce platforms to make sure that eggs remain protected and fresh during extended supply chains and home deliveries.
According to the egg packaging market report and trends, cartons accounted for the largest market share as they are widely favored due to their durability, ease of handling, and excellent protective qualities. Moreover, they are made from various materials, such as molded pulp, plastic, and recycled paper, that offer a balance of strength and sustainability. Besides this, the growing popularity of cartons owing to their design that features individual compartments, thus minimizing the risk of breakage by securely holding each egg in place during transportation and storage, is positively impacting the egg packaging market value.
As per the egg packaging market outlook and forecast, moulded paper represented the largest market share owing to its eco-friendly nature, cost-effectiveness, and superior protective capabilities. Moreover, it is produced from recycled paper and other natural fibers, which aligns with the growing consumer demand for sustainable packaging solutions. Besides this, these cartons offer excellent cushioning and shock absorption, reducing the risk of egg breakage during transportation and handling. Additionally, moulded paper packaging is versatile and can be easily customized with various shapes, sizes, and branding options, thereby boosting the egg packaging market share.
Based on the egg packaging market segmentation and overview, retailing accounted for the largest segment. It encompasses the distribution of eggs through supermarkets, grocery stores, and online platforms. The growing demand for egg packaging in the retail sector, owing to the rising need to ensure the integrity and freshness of eggs while providing practical features such as easy handling, clear labeling, and tamper evidence, is catalyzing the market growth. Moreover, the rise of online grocery shopping, amplifying the need for robust and secure packaging that can withstand the rigors of delivery, is enhancing the egg packaging market revenue.
As per the egg packaging market analysis and research report, Asia Pacific dominated the market share, driven by several factors, including its large and rapidly growing population, increasing urbanization, and rising income levels. Additionally, the expansion of modern retail infrastructures, coupled with a growing awareness of food safety and quality, is bolstering the market growth. Along with this, the massive consumer base and robust agricultural sector in the region are contributing to the market growth. Furthermore, the ongoing push for sustainable packaging solutions in response to environmental concerns, spurring innovations in biodegradable and recyclable materials, is positively favoring the egg packaging industry.
2. What is the expected growth rate of the global egg packaging market during 2024-2032?
3. What are the key factors driving the global egg packaging market?
4. What has been the impact of COVID-19 on the global egg packaging market?
5. What is the breakup of the global egg packaging market based on the product type?
6. What is the breakup of the global egg packaging market based on the material?
7. What is the breakup of the global egg packaging market based on the application?
8. What are the key regions in the global egg packaging market?
9. Who are the key players/companies in the global egg packaging market?
Egg Packaging Market Analysis:
- Major Market Drivers: The need for efficient and safe egg packaging solutions is growing due to population growth, urbanization, and the increasing awareness of eggs' nutritional value. Moreover, rapid innovations in sustainable materials, smart packaging, and automation, as well as regulatory requirements for food safety and quality, are boosting the expansion of this market.
- Key Market Trends: The egg packaging market report indicates a shift towards eco-friendly materials, such as molded paper and biodegradable plastics to meet sustainability requirements. Furthermore, the increase in demand for pre-cooked and ready-to-eat (RTE) eggs, as well as the use of smart technologies like quick response (QR) codes for traceability and transparency in packaging, is increasing the appeal of this industry.
- Geographical Trends: Asia Pacific is dominating this market owing to rapid population growth, urbanization, rising incomes, and the expansion of modern retail infrastructures. Other regions are also seeing growth due to increased egg consumption and the adoption of advanced packaging solutions.
- Competitive Landscape: Some of the major market players in the egg packaging industry include Brødrene Hartmann A/S, CKF Inc., Celluloses De La Loire, Dynamic Fibre Moulding (Pty) Ltd., Dispak Limited, Huhtamaki Oyj, Mauser Packaging Solutions, Ovotherm International Handels GmbH, Pactiv LLC (Reynolds Group Holdings Ltd.), Sanovo Technology Group, and Sonoco Products Company, among many others.
- Challenges and Opportunities: The egg packaging market trends showcase that balancing the need for durable packaging with environmental sustainability has been posing severe challenges for many manufacturers. However, opportunities rise as several market players, including small and medium-sized enterprises (SMEs), form strategic mergers and partnerships for consolidation and expansion.
Egg Packaging Market Trends:
Increasing Consumption of Egg
The increasing egg consumption across the globe is one of the major drivers for the egg packaging market growth. Eggs are a versatile and affordable source of high-quality protein, which makes them a staple in diets. 261 million cases of eggs were produced in the United States in 2022. Out of which, more than half were sold as shell eggs through retail outlets. Over one-fourth of eggs produced were processed into products for food service, manufacturing, retail, and export. This rising demand is creating the need for packaging solutions that will ensure the safe transportation of eggs from one location to another.Growing Demand for Convenience Foods
The growing demand for convenience foods has been significantly impacting the demand for egg packaging. Modern lifestyles that are characterized by busy schedules and limited time for meal preparation have promoted many consumers to seek out convenient, ready-to-eat (RTE) or easy-to-cook food options. In line with this, the market for convenience food is expected to reach US$ 782.7 billion by 2032, with an annual growing rate of 5.47%. Eggs fit well into this category due to their versatility and ease of preparation. It has also been found that eggs are a good source of protein.They also contain heart-healthy unsaturated fats and are a great source of important nutrients, such as vitamin B6, B12, and vitamin D. This trend has spurred the development of various egg-based convenience products, such as pre-cooked eggs, egg salads, and egg-based snacks, all of which require specialized packaging to maintain freshness and quality.
Expansion of Retail Chains and E-commerce Platforms
The extensive proliferation of retail chains and e-commerce platforms is creating a positive impact on the egg packaging market size. The expansion of supermarkets, hypermarkets, and online grocery stores has made eggs more accessible and available to a wider range of consumers. India's retail sector boasts an impressive market size, ranking fourth globally and contributing over 10% to the nation's GDP. In 2022, the market stood at a staggering INR 91.89 trillion, and it is projected to surge at a CAGR of more than 13% by 2027.Also, the e-commerce market is expected to reach US$ 350 billion by 2030. It experienced a 21.5% growth in 2022, with a value of US$ 74.8 billion. This hike has increased the need for effective packaging solutions for retailers and e-commerce platforms to make sure that eggs remain protected and fresh during extended supply chains and home deliveries.
Egg Packaging Market Segmentation:
The publisher provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on product type, material, and application.Breakup by Product Type:
- Cartons
- Trays
- Containers
- Others
Cartons accounts for the majority of the market share
According to the egg packaging market report and trends, cartons accounted for the largest market share as they are widely favored due to their durability, ease of handling, and excellent protective qualities. Moreover, they are made from various materials, such as molded pulp, plastic, and recycled paper, that offer a balance of strength and sustainability. Besides this, the growing popularity of cartons owing to their design that features individual compartments, thus minimizing the risk of breakage by securely holding each egg in place during transportation and storage, is positively impacting the egg packaging market value.
Breakup by Material:
- Moulded Paper
- Polyethylene Terephthalate
- Polystyrene
Moulded paper holds the largest share of the industry
As per the egg packaging market outlook and forecast, moulded paper represented the largest market share owing to its eco-friendly nature, cost-effectiveness, and superior protective capabilities. Moreover, it is produced from recycled paper and other natural fibers, which aligns with the growing consumer demand for sustainable packaging solutions. Besides this, these cartons offer excellent cushioning and shock absorption, reducing the risk of egg breakage during transportation and handling. Additionally, moulded paper packaging is versatile and can be easily customized with various shapes, sizes, and branding options, thereby boosting the egg packaging market share.
Breakup by Application:
- Retailing
- Transportation
- Others
Retailing represents the leading market segment
Based on the egg packaging market segmentation and overview, retailing accounted for the largest segment. It encompasses the distribution of eggs through supermarkets, grocery stores, and online platforms. The growing demand for egg packaging in the retail sector, owing to the rising need to ensure the integrity and freshness of eggs while providing practical features such as easy handling, clear labeling, and tamper evidence, is catalyzing the market growth. Moreover, the rise of online grocery shopping, amplifying the need for robust and secure packaging that can withstand the rigors of delivery, is enhancing the egg packaging market revenue.
Breakup by Region:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Asia Pacific leads the market, accounting for the largest egg packaging market share
As per the egg packaging market analysis and research report, Asia Pacific dominated the market share, driven by several factors, including its large and rapidly growing population, increasing urbanization, and rising income levels. Additionally, the expansion of modern retail infrastructures, coupled with a growing awareness of food safety and quality, is bolstering the market growth. Along with this, the massive consumer base and robust agricultural sector in the region are contributing to the market growth. Furthermore, the ongoing push for sustainable packaging solutions in response to environmental concerns, spurring innovations in biodegradable and recyclable materials, is positively favoring the egg packaging industry.
Competitive Landscape:
- The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the major market players in the egg packaging industry include Brødrene Hartmann A/S, CKF Inc., Celluloses De La Loire, Dynamic Fibre Moulding (Pty) Ltd., Dispak Limited, Huhtamaki Oyj, Mauser Packaging Solutions, Ovotherm International Handels GmbH, Pactiv LLC (Reynolds Group Holdings Ltd.), Sanovo Technology Group, Sonoco Products Company, etc.
- The major egg packaging companies are focusing on innovation, sustainability, and strategic expansion to maintain and enhance their market positions. They are investing in developing eco-friendly packaging solutions and incorporating biodegradable and recyclable materials to meet the growing consumer demand for sustainable products. Moreover, leading players are leveraging advanced technologies to improve the durability and functionality of their packaging to ensure that eggs are better protected during transportation and storage. Additionally, they are expanding their geographical footprint through mergers, acquisitions, and partnerships to capitalize on the growth potential of emerging markets.
Egg Packaging Market News:
- In March 2024, CKF Inc. announced that the manufacturing operations of the CKF rPET facility in Delta and the CKF Packright rPET facility in Langley will be moved into the CKF foam manufacturing plant on 200th Street near Fraser Highway. The combined CKF Langley facilities will employ approximately 300 hourly and salaried people. That is double the 150 employees estimated in a 2016 online profile of the factory, which makes molded pulp and foam products, such as disposable plates and egg and fruit cartons.
- In November 2023, Huhtamaki launched fiber-based egg cartons made from 100% recycled materials in the United States for the first time. The company's state-of-the-art technology will provide a full range of highly customizable egg cartons manufactured from 100% recycled North American materials. The cartons will offer increased branding space and be available in several colors.
Key Questions Answered in This Report
1. What was the size of the global egg packaging market in 2023?2. What is the expected growth rate of the global egg packaging market during 2024-2032?
3. What are the key factors driving the global egg packaging market?
4. What has been the impact of COVID-19 on the global egg packaging market?
5. What is the breakup of the global egg packaging market based on the product type?
6. What is the breakup of the global egg packaging market based on the material?
7. What is the breakup of the global egg packaging market based on the application?
8. What are the key regions in the global egg packaging market?
9. Who are the key players/companies in the global egg packaging market?
Table of Contents
1 Preface3 Executive Summary11 Value Chain Analysis
2 Scope and Methodology
4 Introduction
5 Global Egg Packaging Market
6 Market Breakup by Product Type
7 Market Breakup by Material
8 Market Breakup by Application
9 Market Breakup by Region
10 SWOT Analysis
12 Porters Five Forces Analysis
13 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- Brødrene Hartmann A/S
- CKF Inc.
- Celluloses De La Loire
- Dynamic Fibre Moulding (Pty) Ltd.
- Dispak Limited
- Huhtamaki Oyj
- Mauser Packaging Solutions
- Ovotherm International Handels GmbH
- Pactiv LLC (Reynolds Group Holdings Ltd.)
- Sanovo Technology Group
- Sonoco Products Company
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 147 |
| Published | August 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value ( USD | $ 4.9 Billion |
| Forecasted Market Value ( USD | $ 6.9 Billion |
| Compound Annual Growth Rate | 3.9% |
| Regions Covered | Global |
| No. of Companies Mentioned | 11 |
