The egg packaging market is anticipated to strengthen its boundaries at a steady CAGR of 6.2% during the forecast period. The market is likely to hold a share of USD 7.22 billion in 2023, while it is anticipated to cross a value of USD 13.18 billion by 2033.
The research report on the egg packaging market explains that the new eco-friendly fiber packaging is getting popular among consumers. Furthermore, the high consumption of eggs and its e-commerce sales are flourishing the demand for egg packaging solutions.
These solutions include egg cartons, egg containers, and egg trays. The egg packaging box price differs based on the egg packaging material used. The newly developed a taste for different cuisines involving different egg types is also fuelling sales of egg packets.
It has been possible due to the quick transportation and logistics operations. FMI explains that the growth is expected to strive in the future as people become health aware and understand the protein requirement of the human body.
The egg packaging market outlook states that the increased consumption of eggs with rising egg production has ended up adding new packaging solutions for retailers. The small poultry businesses are the most benefitted as they thrived through better packaging.
A well-known method to store and transport eggs is dimple-shaped egg cartons. Other alternatives are inclusive containers, egg trays, polystyrene, tissue, and various other packaging materials. The vendors are trying to put ease in transportation and sustainable packaging.
The companies also provide quality maintenance, storage facilities, climatic-controlled egg container, and affordable price. The key reason for this change in growth rate is due to egg packaging provides convenience and helps in absorbing the stress or shock exerted during handling or transporting the eggs.
Despite these prospects, the egg packaging market is anticipated to increase due to rising egg production along with the increasing consumption of eggs among health-conscious consumers.
Attributes | Details |
---|---|
Egg Packaging Market CAGR (2023 to 2033) | 6.2% |
Egg Packaging Market Size (2023) | USD 7.22 billion |
Egg Packaging Market Size (2033) | USD 13.18 billion |
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Short-term Growth (2023 to 2026): During this period, the development of egg packaging is expected to witness steady growth. Sustainable and reusable egg cartons are expected to flourish in demand for egg packaging solutions.
The molded fiber packaging is likely to become popular during the forecast period because of its eco-friendly properties. The market is likely to hold USD 7.22 billion in 2023 while it is anticipated to reach USD 8.67 billion by 2026
Mid-term Growth (2026 to 2029): This period’s growth is likely to be attributed to Asia, where production has increased almost fourfold. According to FMI, East & South Asia are anticipated to contribute to a market share of almost 50% in the global egg packaging market. From USD 8.67 in 2026, the market is expected to land at a value of USD 10.33 billion in 2029.
Long-term Growth (2029 to 2033): This growth period is likely to be fruitful for the market. The increased number of poultry businesses along with advanced eco-friendly packaging that offers better advertising is also gaining traction in the market. Thus, the egg packaging market is anticipated to thrive at a steady CAGR of 6.2% between 2023 and 2033.
Convenience in Transportation and Sustainable Packaging are Preferred by Consumers
Fragile products such as eggs need to be handled with extreme care in order to protect them from breaking during transit. So, egg packaging plays a crucial role in the market.
The trays and cartons used for egg packaging are constructed in such a manner that they can be stacked - one on the top of other and placed in crates or boxes during a long transit time. Effective egg packaging ensures egg quality by absorbing stress and shock during transportation.
Egg packaging manufacturers are adopting molded fiber products that could reduce their carbon footprint. Packaging experts and consumer product companies in the egg packaging market are focusing on “green packaging,” as polystyrene is not easily recyclable and requires a large amount of fossil fuel in production.
Modern retail penetration is likely to boost the demand for sustainable solutions such as molded fiber cartons in the egg packaging market. Egg packaging plays a key role in maintaining the shelf life of the product, along with decreasing the negative impact of dust and dirt during transit.
Increasing disposable income has led to more instances of eating out, which subsequently escalates market growth. In addition to this, the growing population in the Asia Pacific region is boosting egg consumption, which, in turn, fuels the demand for egg packaging in the market.
Ryegrass cartons are an excellent alternative to traditional cartons in the egg packaging market. These cartons are made up of rye grass & cardboard, which tend to promote sustainability in the egg packaging market.
Along these lines, Huhtamaki, a key market player, has introduced “GreeNest” egg cartons in the egg packaging segment. These cartons are 100% recyclable as they reduce carbon footprint by 10% and require less consumption of water as compared to the traditional ones.
Stringent Regulations against the Usage of Plastic to Restrain
Packaging manufacturers are looking forward to reducing the cost of packaging material to achieve maximum profit. However, growing government regulations towards the use of plastics and efforts for sustainability are likely to hamper the egg packaging market in the near future.
Therefore, environmental concerns have forced manufacturers to take proper steps and use bioplastics or molded fiber for egg packaging. This prominent factor degrades the demand for plastic trays and cartons in the egg packaging market.
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Region | CAGR (2023 to 2033) |
---|---|
The United States | 4.2% |
China | 6.4% |
Canada | 5.4% |
Germany | 3.3% |
The United Kingdom | 2.2% |
Government Support for Sustainable Packaging Solutions Businesses along with High consumption of Eggs garners Market Growth
The United States Market CAGR (2023 to 2033) | 4.2% |
---|---|
The United States Market Sales Volume (2023) | 327,795 |
As per FMI’s analysis, the United States egg packaging market is thriving at an average CAGR of 4.2% between 2023 and 2033. The market is anticipated to hold a sales volume of 327,795. The North America market holds a share of USD 933.5 million in 2023, while it thrives at a CAGR of 4.5% between 2023 and 2033.
The growth is attributed to the increased consumption of eggs and sustainable packaging solutions. For instance, the Hartmann Pack & Perform Company has introduced sustainable egg cartons for small and medium-sized egg producers. A high number of people going to the gym are also adding eggs to their daily diet is also fuelling the demand for egg packaging in the United States.
Innovative Packaging Solution coupled with Aware Citizens makes Canada the leading Market in the Region
Canada Market CAGR (2023 to 2033) | 5.4% |
---|---|
Canada Market Sales Volume (2023) | 30,031 |
Canada egg packaging market thrives at a CAGR of 5.4% between 2023 and 2033, while it is anticipated to hold a sales volume of 30,031 units. The development of the egg packaging market in Canada is increasing as people get more aware of the climate and soil health. The citizens demand a sustainable and biodegradable packaging solution. Also, the growing non-vegetarian population is expected to fuel the demand for eggs. The increased number of bakery businesses is also garnering growth for eggs. Hence, the region leads North America region in terms of CAGR.
Huge Population Preferring egg along with the Government’s Stringent Norms around Nature-friendly Packaging Solutions is Propelling Region’s Growth
China Market CAGR (2023 to 2033) | 6.4% |
---|---|
China Market Sales Volume (2023) (Units) | 577,026 |
China egg packaging market fuels at a CAGR of 6.4% between 2023 and 2033. The market holds a sales volume of 577,026 in 2023. The growth is attributed to the increasing packaging business in all East Asian regions. The region thrives at a CAGR of 7.0% between 2023 and 2033.
Countries like South Korea and Japan also perform well. Increased awareness about protein among vegetarians is expanding the eggetarian population that, lastly, fuels the growth of the egg packaging market growth in the region.
Segment | Top Material Type |
---|---|
Top Sub-segment | Molded Fiber |
CAGR (2023 to 2033) | 6.4% |
CAGR (2017 to 2022) | 5.6% |
Segment | Top Capacity |
---|---|
Top Sub-segment | Less than 6 Eggs |
CAGR (2023 to 2033) | 6.6% |
CAGR (2017 to 2022) | 4.9% |
Molded fiber egg container thrives at a CAGR of 6.4% till the end of the forecast period. The growth is attributed to the light weight of fiber along with its high strength of it.
This strength is helpful while carrying the eggs for long and uneven paths. Furthermore, molded fiber is considered a bio-degradable material that adds sustainable value to the segment. During the last forecast period, the segment flourished at a low CAGR of 5.6%.
Based on capacity, the less than 6 eggs segment is leading the market with a CAGR of 6.6% between 2023 and 2033. The growth is directly linked to high mobility and household consumption. Alongside this, the high retail sales are also fuelling the demand for egg trays that carry less than 6 eggs. Previously the segment thrived at a low CAGR of 4.9% between 2018 and 2022.
The vendor landscape remains highly splintered in the global egg packaging market, wherein Tier 1 companies hold more than 12% revenue share. Technology is also being incorporated to facilitate flawless transportation.
Market Developments
The market is estimated to reach USD 13.18 billion by 2033.
The market will secure a valuation of USD 7.22 billion in 2023.
The market is forecast to register a CAGR of 6.2% through 2033.
China may witness significant growth in the egg packaging market.
Brodrene Hartmann AS, Placon Corp., Cascades Inc., are key egg packaging market players.
1. Executive Summary | Egg Packaging Market 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Material 5.1. Paper 5.1.1. Paperboard 5.1.2. Recycled Paper 5.2. Plastic 5.2.1. Polyethylene Terephthalate 5.2.2. Polystyrene 5.3. Others 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Packaging Type 6.1. Egg Cartons 6.2. Egg Trays 6.3. Egg Containers 6.4. Others 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Pack Size 7.1. Less than 6 Eggs 7.2. 6-12 Eggs 7.3. 12-30 Eggs 7.4. More than 30 Eggs 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 8.1. North America 8.2. Latin America 8.3. Europe 8.4. Asia Pacific 8.5. MEA 9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. Key Countries Market Analysis 15. Market Structure Analysis 16. Competition Analysis 16.1. Brodrene Hartmann AS 16.2. Cascades Inc. 16.3. Reynolds Group Holdings Ltd. 16.4. Cellulose de la Loire 16.5. Mauser Corporate GmbH 16.6. Ovotherm 16.7. Jin Fu Hua Packaging Industrial Co., Ltd. 16.8. Sonoco Products Co. 16.9. Huhtamaki Oyj. 16.10. DFM Packaging Solutions 17. Assumptions & Acronyms Used 18. Research Methodology
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