Rising Demand for Egg Packaging Solutions: Eco-Friendly Fiber Packaging Gains Popularity as Consumption and E-commerce Sales Soar

The egg packaging market is witnessing steady growth due to the increasing consumption of eggs worldwide and the need for safe and efficient packaging solutions. Eggs are fragile products that require protection during storage and transportation. As a result, various packaging options like molded fiber, plastic, and cartons are widely used to prevent breakage and ensure product integrity. Sustainable and eco-friendly packaging materials are gaining prominence as consumers prioritize environmental concerns.

Additionally, the rise in egg production, advancements in packaging technologies, and stringent food safety regulations contribute to the market's expansion. The market's future appears promising, driven by evolving consumer preferences and the growing importance of sustainable packaging solutions. the global egg packaging market is anticipated to expand its roots at a steady CAGR of 6.2% between 2023 and 2033. The market is anticipated to cross a market share of US$ 13.18 billion by 2033 while it is likely to be valued at US$ 7.22 billion in 2023.

Sustainable packaging solutions with bio-degradable egg trays and egg cartons are gaining traction in the market. Furthermore, the increased number of home-based bakeries is flourishing the demand for eco-friendly egg packaging material.

Recycled and recyclable egg containers are also getting popular among aware people. The government projects to save the environment and soil from chemical-based plastic packaging are giving molded fiber segment a push in the market.

The increased number of people getting into the gym and following a protein-rich diet is garnering the sales of eggs. Hence, this factor also fuels the demand for sustainable egg packets.
Egg packaging market's growth trajectory is significantly affected by the vegan movement and egg alternatives for protein intake and bakery applications.

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Key Points

The United States market is a significant egg packaging market. The market thrives at a CAGR of 4.2% during the forecast period. The market growth is attributed to the increased demand for eggs as people tend to get into better shape and hence, join a gym. The regional market is anticipated to hold a sales volume of 327,795 units in 2023.

Canada egg packaging market leads the North American market in terms of CAGR with a leading CAGR of 5.4% between 2023 and 2033. The regional growth is attributed to climate-aware citizens and innovative egg packaging ideas. The market is expected to hold a sales volume of 30,031 units in 2023.

The molded fiber segment is likely to thrive in the material type category as it records a CAGR of 6.4% between 2023 and 2033. The growth is attributed to its eco-friendly and biodegradable properties.
The less than 6 eggs segment is expected to top the capacity category with a CAGR of 6.6% during the forecast period. The growth of this segment is garnered through high household consumption.
Competitive Landscape:

The key vendors focus on introducing the Key competitors and merging, acquiring, and partnering with other companies to increase their supply chain and distribution channel. The key players in the market are, Brodrene Hartmann AS, Placon Corp., Cascades Inc., Reynolds Group Holdings Ltd., CELLULOSES DE LA LOIRE, MAUSER Corporate GmbH, CKF Inc., JIN FU HUA PACKAGING INDUSTRIAL Co. Ltd., Sonoco Products Co, and Huhtamaki Oyj.

Recent Market Developments:

AUSER Corporate GmbH has introduced egg trays for delicate cargo. The trays are designed with FDA-approved HDPE and are resistant to temperature fluctuation and harsh detergents. The tray caters to a variety of egg sizes and holds the ideal size for grading and washing systems.
Hartmann pack and perform has introduced its sustainable cartons for the different numbers of eggs. The company caters to small and medium-sized egg farmers. The brand also uses sustainable paper-based packaging for each product.

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Key Segments

Egg Packaging Market by Material:

-Paper
-Paperboard
-Recycled Paper
-Molded Cup
-Plastic
-Polyethylene Terephthalate
-Polystyrene
-Others

Egg Packaging Market by Product Type:

-Cartons
-Trays
-Containers
-Others

Egg Packaging Market by Application:

-Retailing
-Transportation
-Others

Key Regions Covered:

-North America
-The United States
-Canada
-Latin America
-Brazil
-Mexico
-Rest of Latin America
-Europe
-Germany
-The United Kingdom
-France
-Spain
-Russia
-Rest of Europe
-Japan
-Asia Pacific Excluding Japan
-China
-India
-Malaysia
-Singapore
-Australia
-Rest of Asia Pacific Excluding Japan
-MEA
-GCC Countries
-Israel
-South Africa
-Rest of The Middle East and Africa

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About FMI
Future Market Insights (ESOMAR certified 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.

This release was published on openPR.