The egg cartons market is experiencing steady growth, with projected sales of US$13,578 million by the end of 2022. It is expected to continue growing at a modest CAGR of 5.5% from 2022 to 2032, reaching a market value of US$23,259.1 million. The increasing focus on packaging solutions, particularly for hygienic delivery and packaging of food items, is driving the demand for egg cartons.
Safe and secure packaging alternatives have become crucial, especially for poultry products. Eggs have delicate and permeable shells, requiring careful and secure packaging. Therefore, egg cartons made of plastic or paperboard play a vital role in the manufacturing and disposal of eggs. The use of advanced tools and techniques, including packaging options that absorb shock and stress, can help maintain egg quality. Consequently, there is a growing demand for improved egg cartons worldwide
Egg cartons, which are foam ridges designed to retain individual eggs, shield the egg from potential shock and stress during transportation. The ease with which eggs may be handled and transported in egg cartons is what is driving the market’s expansion. Additionally, manufacturers in this industry are keen to
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offer state-of-the-art egg cartons for packaging and shipment.
Additionally, a lot of egg cartons are made of paper, which is recyclable and provides an affordable method of storing eggs. Due to all of these causes, the egg carton industry is expanding globally.
“High demand for poultry products ensures a wide range of applications of egg cartons. This is expected to boost the sales of egg cartons for the forecast period,” says an FMI analyst.
Key Takeaways:
- Demand for safe, secure, and sustainable packaging solutions to propel market growth.
- Cost of raw materials and elevated competition from plastic egg carton manufacturers might impede market growth.
- North America is predicted to offer lucrative market opportunities over the forecast period.
- North America accounts for 18% of the egg carton market in 2022.
- Asia Pacific is expected to lead the market growth over the assessment period.
- Europe is predicted to hold 25% of the global egg carton market in 2022.
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Competitive Landscape
Dispak UK, DFM Packaging Solutions, MyPak Packaging, EP Europack, Sanovo Technology Group, Ovotherm International Handels GmbH, and Primapack SAE among others are some of the major players in the egg carton market that are profiled in the full version of the report.
Major manufacturers of egg cartons are interested in offering novel and innovative egg cartons made up of either sustainable plastic-free material or recycled BPA-free RPET plastic. These businesses are keen on expanding their product portfolios. Egg carton manufacturers are also employing a variety of creative ideas for egg transportation safety.
More Insights into the Egg Cartons Market Report
In its latest report, FMI offers an unbiased analysis of the global egg carton market, providing historical data from 2016 to 2021 and forecast statistics for the period 2022 to 2032. To understand the global market potential, growth, and range, the market is segmented based on material type (plastic egg cartons, polystyrene foam egg cartons, clear plastic egg cartons, paper egg cartons, recycled paper egg cartons, molded pulp egg cartons), number of eggs sorted (3 egg cartons, 6 egg cartons, 12 egg cartons, 24 egg cartons), and region.
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According to the latest FMI reports, based on regional growth, the North American region is likely to exhibit significant market growth. This growth is attributed to the excellent infrastructure provided for the storage of foods and beverages, and this includes eggs. Additionally, the growing inflow of e-commerce and the subsequent need for safe, sustainable, and more robust mechanisms of handling and transporting eggs are likely to broaden the growth avenues in the US egg cartons market.
Additionally, increased egg consumption is anticipated to drive the market growth and revenue of this region. Thus, North America is expected to expand at a 5.4% CAGR during the forecast period, accounting for about 18% of the global egg carton market in 2022.
As per the study, Asia Pacific is expected to be a positively opportunistic market. The surging disposable income coupled with shifting lifestyle trends is anticipated to propel further growth in the regional egg cartons market during the forecast period. Owing to the rising presence of well-established global market players, along with the entry of local merchants such as Eggs Posture and MyPak Packaging, Asia Pacific is setting out to be the largest market of egg cartons in the world.
The market in Europe is set to experience explosive growth due to the advancing food and beverage industry. Other factors such as consumer acceptance of convenience in transporting eggs along with eggs being a crucial part of the regional diet are also supplementing the growth.
Moreover, a rise in health consciousness among people in Western European countries has also increased the demand for egg cartons. The East European region has seen increased influence from the Western region, and the egg carton market in the Eastern Europe region is also growing due to the high nutritional composition and wide usage of eggs in food processing, cosmetics, and personal care enterprises. Thus, the egg carton market in Europe is predicted to hold 25% of the market in 2022.
Key Segments Covered in the Egg Carton Industry Survey
Egg Carton Market by Material Used:
- Plastic Egg Cartons
- Polystyrene Foam Egg Cartons
- Clear Plastic Egg Cartons
- Paper Egg Cartons
- Recycled Paper Egg Cartons
- Molded Pulp Egg Cartons
Egg Carton Market by Number of Eggs Stored:
- 3 Egg Cartons
- 6 Egg Carton
- 12 Egg Carton
- 24 Egg Carton
Egg Carton Market by Region:
- North America Egg Carton Market
- Latin America Egg Carton Market
- Europe Egg Carton Market
- Asia Pacific Egg Carton Market
- Middle East & Africa Egg Carton Market
About FMI
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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