The Global "Egg Packaging Market" is predicted to reach at a high CAGR of 5.6% during the forecast period (2022-2029).
The egg packaging is a type of material manufactured exclusively for the safe storage and transportation of eggs. Some of the most typical egg packaging options include egg baskets, filling trays, and egg cartons. Clean and odorless rice husks, wheat chaff, or chopped straws are molded into hard-walled baskets or crates to make the baskets.
The filler trays are then placed in boxes or cases that can hold egg cartons as well. The cartons are made of dimpled foams to hold an egg in each cell and are made of paperboard, recycled paper, polyethylene terephthalate, or polystyrene. To prevent deterioration and damage during storage, these boxes frequently include an additional protective coating.
Growth in demand for eggs in the food and beverage industry is predicted to boost growth.
The egg packaging is a critical component of providing consumers with high-quality eggs. The eggs are protected from bacteria, tainting, natural predators, and moisture loss. Restaurants, hotels, cafes, and bakeries are increasingly experimenting with egg-based meals, increasing in demand for efficient egg storage and packaging solutions in the institutional sector.
The rate of expanding food chains and restaurants has been bolstered by a spectacular growth in per capita expenditure on eating out. The ever-expanding foodservice industry is projected to play a significant role in the egg packaging market's growth.
The market is predicted to rise due to the rapid increase in sustainable egg packaging.
Manufacturers of egg packaging are switching to molded fiber-based solutions to lower their carbon footprint. Because polystyrene is not easily recyclable and requires more fossil fuel in its production, packaging specialists and consumer product companies in the egg packaging sector are concentrating on "green packaging."
Modern retail penetration in the egg packaging business will increase demand for sustainable solutions such as molded fiber cartons. The egg packaging is important for extending the shelf life of eggs and reducing the detrimental impact of dust and dirt during transportation.
Regulations against plastic continue to stifle the growth of the egg packaging market.
Packaging companies are hoping to lower the cost of packaging materials to maximize profits. However, the egg packaging business is likely to be hampered shortly by government rules prohibiting the use of plastics and attempts to promote sustainability.
As a result of the environmental concerns, producers have been forced to take action and employ bioplastics or molded fiber for egg packaging. This is a major factor affecting the egg packaging market's need for plastic trays and cartons.
Due to lockdowns, travel bans, and company closures, the outbreak is wreaking havoc on economies and businesses in several countries. Food and beverage are one of the world's most important businesses, and it has been hit hard by supply chain failures, technology event cancellations, and office closures.
Several companies have already warned of possible delays in product deliveries and a drop in future sales. Furthermore, worldwide travel bans implemented by European, Asian, and North American governments impede commercial collaborations and partnerships. All of these reasons are impeding the expansion of the food and beverage industry and, as a result, the growth of other markets associated with it.
By product, the egg packaging market is classified into cartoons, trays, containers, and others.
Cartons segment is expected to be the dominant type during the forecast period (2021-2028)
The most popular type of egg packaging is the carton. It's also known as an egg box, and it's a simple and secure way to store and carry whole eggs. Egg cartons with dimples are useful for safeguarding eggs from harsh settings. This structure has shown to be particularly useful in safeguarding eggs throughout retail storage and long-distance transit.
The dimple-shaped carton lessens shock during transit. During storage, the extra coating on the carton helps to prevent spoiling and breakage. In the egg packaging sector, rye grass cartons are also a great alternative to standard cartons. These cartons are comprised of rye grass and cardboard, and they help to increase egg packaging sustainability.
By material, the egg packaging market is classified into molded papers, polyethylene terephthalate, and polystyrene.
Molded papers segment is expected to be the dominant type during the forecast period (2021-2028)
The paper segment is expected to dominate the market, with the biggest market share. Packaging made of paper protects goods and reduces waste while also being recyclable. Responsible recycling of waste paper and packaging lowers trash and landfill.
It cuts down on waste due to breakage, spoiling, and contamination while also prolonging the product's shelf life. Paper packaging is a flexible and cost-effective way to transport, protect, and preserve a wide range of commodities. It is designed to be both durable and lightweight, and it may be customized to fulfill product or customer-specific requirements.
Paper pulp is used to make paper-based packaging. Its design has remained largely unchanged since then. For a time, PET packaging was used in its stead, but the public preferred the natural look and feel of the paper pulp carton. Egg cartons made of paper are biodegradable and accepted by nearly all local recycling facilities. All of these factors are propelling the paper section of the egg packaging market forward.
Asia-Pacific holds the largest market share global Egg Packaging Market.
The Asia-Pacific egg packaging material market is predicted to rise due to increased innovations in the production process and packaging units of eggs across growing markets. It dominates the egg packaging market because of an increase in people's desire to live a healthy lifestyle, which will substantially impact the region's egg packaging market share growth.
Several APAC egg manufacturers have begun emphasizing effective packaging to deliver safe and secure packaging options. As a result, during the projection period, demand for alternative materials is predicted to skyrocket in major developing countries, including India, China, and Australia.
The egg packaging market is extremely consolidated around the world. Brdrene 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 are some of the major players in the global egg packaging market.
Mauser Packaging Solutions
Overview: Mauser Packaging Solutions, a joint venture between BWAY, Mauser Group, NCG, and ICS, provides customers with unrivaled packaging performance and innovation to redefine sustainability. We provide bespoke solutions that positively influence businesses and the environment, providing real sustainability at scale to firms all over the world, from new packaging built from recycled materials to reconditioning, reuse, recycling, and professional disposal.
They have over 300 years of combined experience, over 1,000 global patents, over 180 locations worldwide, and over 11,000 personnel dedicated to assisting businesses operating more sustainably and effectively.
Product Portfolio: It can supply packaging made of virgin materials, recycled content packaging, or reconditioned containers to your site anywhere in the world.
Key Developments: Mauser Packaging Solutions debuted their next-generation plastic egg tray in 2019. This announcement represents a significant upgrade to an already successful product line that has been used in the commercial egg market for over 20 years. The new egg tray was created for egg growers and processors with improved protection, reusability, and ease of use in mind.
It's suitable for a wide range of egg types and sizes, and its unique design safeguards fragile eggs during transportation, ensuring their safety throughout the supply chain. Cone holes in the next-generation egg tray give consumers a number of critical benefits to preserve egg quality.
The global egg packaging report would provide an access to an approx. 60 market data table, 55 figures and 180 pages.
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