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Egg Cartons Market Analysis- Industry Size, Share, Research Report, Insights, Covid-19 Impact, Statistics, Trends, Growth and Forecast 2024-2032

Published Date: April, 2024
Base Year: 2023
Delivery Format: PDF+ Excel
Historical Year: 2017-2023
No of Pages: 263
Forecast Year: 2024-2032
SKU 58abfa8ea0c7 Category

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Egg cartons are an essential component of the egg packaging industry, which is a significant part of the global food packaging market. The egg cartons market has witnessed significant growth in recent years, primarily due to the increased consumption of eggs worldwide. Egg cartons are used to transport, store, and protect eggs, and they come in a variety of shapes and sizes, depending on the number of eggs they can hold.

The global egg cartons market was valued at USD 2.16 billion in 2020 and is expected to grow at a CAGR of 5.5% from 2021 to 2028, according to a recent report by Grand View Research.

Egg cartons are containers made of paper pulp, plastic, or foam that are designed to hold eggs. They come in various shapes and sizes, and some can hold as few as six eggs, while others can hold up to 36. Egg cartons are an essential part of the egg packaging industry, which plays a significant role in the global food packaging market.

Executive Summary:

The egg cartons market has witnessed significant growth in recent years, primarily due to the increased consumption of eggs worldwide. The global egg cartons market was valued at USD 2.16 billion in 2020 and is expected to grow at a CAGR of 5.5% from 2021 to 2028. Key market drivers include the increasing demand for eggs, the rise of e-commerce, and the growing trend of eco-friendly packaging. However, market restraints such as the high cost of production and the availability of alternative packaging solutions may hinder market growth.

Egg Cartons Market

Key Market Insights:

The global egg cartons market is driven by various factors such as the increasing demand for eggs, the rise of e-commerce, and the growing trend of eco-friendly packaging. Egg consumption has been steadily increasing over the years, with the United States being one of the top consumers of eggs in the world. This has led to a surge in demand for egg cartons, which are essential for the packaging and transportation of eggs.

The rise of e-commerce has also played a significant role in the growth of the egg cartons market. With the advent of online shopping, there has been an increase in the demand for food products that can be delivered to consumers’ doorstep. This has led to a surge in demand for egg cartons that can withstand the rigors of transportation and delivery.

Another key factor driving the egg cartons market is the growing trend of eco-friendly packaging. Consumers are becoming increasingly aware of the impact of packaging on the environment, and there is a growing demand for packaging solutions that are biodegradable and recyclable. Egg cartons made of paper pulp and other eco-friendly materials are gaining popularity, which is expected to drive market growth.

Market Drivers:

  1. Increasing demand for eggs
  2. Rise of e-commerce
  3. Growing trend of eco-friendly packaging

Market Restraints:

  1. High cost of production
  2. Availability of alternative packaging solutions

Market Opportunities:

  1. Growing demand for biodegradable and recyclable packaging
  2. Increase in the use of egg cartons in the food service industry

Market Dynamics:

The global egg cartons market is highly competitive, with key players focusing on product innovation and eco-friendliness to gain a competitive edge. The market is also characterized by the presence of a large number of small and medium-sized players, which makes it highly fragmented.

Regional Analysis:

The global egg cartons market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America is the largest market for egg cartons, followed by Europe and Asia Pacific. The Asia Pacific region is expected to witness significant growth in the Asia Pacific region is expected to witness significant growth in the coming years, primarily due to the increasing demand for eggs in countries like India and China.

Competitive Landscape:

The global egg cartons market is highly competitive, with key players focusing on product innovation and eco-friendliness to gain a competitive edge. Some of the leading players in the market include Huhtamaki Oyj, Brodrene Hartmann A/S, Pactiv LLC, Dispak Industries Pty Ltd, Dolco Packaging, Tekni-Plex, Inc., and UFP Technologies, Inc.

Segmentation:

The global egg cartons market can be segmented based on material, product type, and region. Based on material, the market can be divided into paper pulp, plastic, and foam. Based on product type, the market can be divided into standard, jumbo, and custom egg cartons.

Category-wise Insights:

Based on category, the global egg cartons market can be segmented into food service and retail. The retail segment is expected to dominate the market, primarily due to the increasing demand for eggs from supermarkets and grocery stores.

Key Benefits for Industry Participants and Stakeholders:

The global egg cartons market provides several benefits for industry participants and stakeholders, including:

  1. Increased demand for egg cartons due to the rising consumption of eggs worldwide
  2. Growing demand for eco-friendly packaging solutions, leading to opportunities for innovation and growth
  3. Increasing use of egg cartons in the food service industry, leading to new market opportunities

SWOT Analysis:

Strengths:

  1. Growing demand for eggs worldwide
  2. Increasing focus on eco-friendliness, leading to new market opportunities
  3. Growing demand from the food service industry

Weaknesses:

  1. High cost of production
  2. Availability of alternative packaging solutions

Opportunities:

  1. Growing demand for biodegradable and recyclable packaging
  2. Increase in the use of egg cartons in the food service industry

Threats:

  1. Intense competition in the market
  2. Fluctuations in raw material prices

Market Key Trends:

  1. Increasing use of eco-friendly materials for egg carton production
  2. Growing popularity of custom egg cartons
  3. Increasing demand for egg cartons from the food service industry

Covid-19 Impact:

The Covid-19 pandemic had a significant impact on the global egg cartons market, primarily due to the disruption in the supply chain and the closure of retail stores and food service establishments. However, the market has shown resilience and is expected to recover in the coming years, driven by the increasing demand for eggs and the growing trend of eco-friendly packaging.

Key Industry Developments:

  1. In 2020, Huhtamaki Oyj announced the launch of its eco-friendly egg carton range made from 100% recycled fibers.
  2. In 2019, Brodrene Hartmann A/S announced the acquisition of Mohan Fibre Products Pvt. Ltd, a leading manufacturer of molded fiber egg packaging in India.

Analyst Suggestions:

Industry analysts suggest that key players in the global egg cartons market should focus on product innovation and eco-friendliness to gain a competitive edge. The use of biodegradable and recyclable materials for egg carton production is expected to be a key trend in the coming years, driven by the increasing demand for eco-friendly packaging solutions.

Future Outlook:

The global egg cartons market is expected to grow at a CAGR of 5.5% from 2021 to 2028, driven by the increasing demand for eggs and the growing trend of eco-friendly packaging. The Asia Pacific region is expected to witness significant growth in the coming years, primarily due to the increasing demand for eggs in countries like India and China.

The global egg cartons market is a vital component of the egg packaging industry, which plays a significant role in the global food packaging market. The market has witnessed significant growth in recent years, primarily due to the increased consumption of eggs worldwide, the rise of e-commerce, and the growing trend of eco-friendly packaging.

The market is highly competitive, with key players focusing on product innovation and eco-friendliness to gain a competitive edge. The use of biodegradable and recyclable materials for egg carton production is expected to be a key trend in the coming years, driven by the increasing demand for eco-friendly packaging solutions.

Overall, the global egg cartons market is expected to continue growing in the coming years, driven by the increasing demand for eggs and the growing trend of eco-friendly packaging. The market presents several opportunities for industry participants and stakeholders, and those who focus on innovation and eco-friendliness are likely to gain a competitive edge in the market.

Egg Cartons Market:

Segmentation Details
Material Paper, Plastic, Foam
Capacity 6-Pack, 12-Pack, 18-Pack, Others
Distribution Channel Supermarkets/Hypermarkets, Specialty Stores, Online Retail, Others
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa

Leading Companies in the Egg Cartons Market:

  1. Huhtamaki Oyj
  2. Hartmann Group
  3. Pactiv LLC (Reynolds Group Holdings Ltd.)
  4. Brodrene Hartmann A/S
  5. Dolco Packaging (Tekni-Plex)
  6. Dispak Industries Pty Ltd.
  7. CKF Inc.
  8. Cellulose de la Loire
  9. Primapack SAE
  10. Chuo Kagaku Co., Ltd.

North America
o US
o Canada
o Mexico

Europe
o Germany
o Italy
o France
o UK
o Spain
o Denmark
o Sweden
o Austria
o Belgium
o Finland
o Turkey
o Poland
o Russia
o Greece
o Switzerland
o Netherlands
o Norway
o Portugal
o Rest of Europe

Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Kazakhstan
o Taiwan
o Vietnam
o Thailand
o Philippines
o Singapore
o Australia
o New Zealand
o Rest of Asia Pacific

South America
o Brazil
o Argentina
o Colombia
o Chile
o Peru
o Rest of South America

The Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Israel
o Kuwait
o Oman
o North Africa
o West Africa
o Rest of MEA

Important Questions Covered in this Study

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