Egg Packaging Market Size, Share, & COVID-19 Impact Analysis By Product Type (Cartons, Trays, and Containers), By Material Type (Paper {Paperboard, Moulded Paper}, Plastic {Polyethylene terephthalate, Polystyrene}), and Regional Forecast, 2024-2032

Egg packaging is the solution designed for the safe transportation and storage of eggs from one place to another. Egg packaging mainly consists of egg cartons, baskets, filler trays, and others to protect fragile eggs from getting damaged. The egg packaging market is experiencing rapid growth owing to the increasing demand for eggs among millennials, the health-conscious population, and the global rise in gyms, aerobic centers, and fitness centers. Several benefits associated with egg packaging, such as preserving eggs from bacteria, moisture loss, and predators and increasing consumer awareness regarding the nutritional benefits of eggs, drive market growth.

• For instance, in February 2022, Kyiv Cardboard and Paper Mill introduced a new molded fibre packaging production line. With the new production lines, the company offers egg manufacturers a complete packaging solution ranging from molded trays to high-quality corrugated boxes.

Rising egg demand from restaurants and hospitality industries enhances the global egg packaging market. Consumers are concerned about environmental issues and demand recyclable packaging solutions. It generates opportunities for manufacturers to focus on developing greener egg packaging, thus boosting market growth. Increasing disposable incomes that have led to more eating out also aids the development of the global egg packaging market. Growth in the poultry industry and the increasing number of food vloggers experimenting with egg dishes also generate the demand for egg packaging, thus boosting market growth.

Several strict government regulations on using plastic material for packaging restrict the growth of the egg packaging market. Banning plastics in many developed countries also limits the market's expansion. Intense competition among manufacturers to design sustainable and cost-effective products to protect eggs will also hamper the egg packaging market in the forthcoming years.

IMPACT OF COVID-19 ON THE EGG PACKAGING MARKET

The sudden outbreak of the COVID-19 virus harmed almost every industry worldwide. The packaging industry faced the negative impacts of the virus during the early stages. The labor shortage and fluctuating raw material prices led to a halt in the production of egg packaging. However, the growing environmental concerns and rising demand for healthy food products are anticipated to enhance the egg packaging industry globally. Huge demand for eggs and other convenient food products forced the manufacturers to adopt effective and sustainable packaging solutions, thus leading to positive growth in the egg packaging market. The post-pandemic era will witness fast growth due to the crucial benefits offered by egg consumption.

Egg Packaging Market SEGMENTATION

KEY INSIGHTS

The report will cover the following key insights:

• Recent Advancements in the Egg Packaging Industry


• Key Industry Trends


• Regulatory Landscape for the Egg Packaging Market


• Key Industry Developments (Mergers, Acquisitions, and Partnerships)


• Impact of COVID-19 on the Market

ANALYSIS BY PRODUCT TYPE

Based on product type, the market is segmented into cartons, trays, and containers. Cartons hold the largest share of the global egg packaging market. They play a significant role in protecting eggs against stress exerted during transportation and storage. They absorb shock and limit fracture incidence to fragile eggshells. Cartons also dominate the market as they can be recycled and reused.

ANALYSIS BY MATERIAL TYPE

Based on material type, the market is segmented into paper and plastic. Plastic is the leading material type segment of the egg packaging market. Plastic is a fungus-free, mold-resistant material and offers superior cushioning and protection against odor and moisture. It is also cost-effective compared to molded fiber and can be washed and reused. Such factors lead to the dominance of plastic material in the global egg packaging industry.

REGIONAL ANALYSIS

The egg packaging market has been studied across North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is the leading region of the global egg packaging industry. The increasing inclination of consumers toward a healthy lifestyle and changing dietary patterns favor the growth of the egg packaging market in the region. The growing food and beverages industry and the increase in the rate of cafes, restaurants, and food chains resulted in the growth of the North American egg packaging market. Europe is projected to experience rapid growth owing to the growing demand for food service industries and the increasing consumption of eggs in the region. The Middle East & Africa and Latin America region will grow moderately due to the organization of egg festivals and the huge demand for eggs amongst the millennial population.

KEY PLAYERS COVERED

The report will include profiles of key players such as MAUSER Corporate GmbH, Sonoco Products Company, Maspack Limited, Brodrene Hartmann AS, Cascade Inc., Placon, Reynolds Group Holdings Limited, CKF Inc., JIN FU HUA Packaging Industrial CO, Ltd. (JFH) Packman Packagings, Bell Printers, Sanovo Technology Group, Tekni-Plex Inc., and Acebri, among others.

KEY INDUSTRY DEVELOPMENTS

• April 2022 - Hartmann, the world’s leading manufacturer of moulded-fibre egg packaging, declared the launch of new egg trays named “HIL-Medium” & “HIL-Large”. The company designed new egg trays for 30 eggs (Medium & Large sizes) by utilizing an existing new product as a development base.


• January 2022 - Tekni-Plex Consumer Products launched a brand new Dolco ProPlus egg carton version. The egg carton comprises 25% post-consumer recycled (PCR) foam polystyrene. The new product launch is part of the company’s commitment to offering food packaging with post-consumer materials.


• February 2021 - Wegmans Food Markets introduced its new egg cartons. The egg cartons, previously developed from polystyrene foam, are now designed with 100% post-consumer recycled newsprint and paper products.


• July 2021 – Huhtamaki, a key global provider of sustainable packaging solutions, declared the launch of Futuro. It is a 100% plastic-free egg carton designed for cooked and colored eggs for local markets in Europe.