Global Egg Carton Market is valued approximately at USD 12870.14 Million in 2021 and is anticipated to grow with a healthy growth rate of more than 5.5% over the forecast period 2022-2029. Plastic or paperboard-based egg cartons is a significant packaging solution for the production and disposal of eggs. Eggs require a very secure packaging solution due to the delicate and porous nature of egg shells. The egg carton market has a wide range of application due to the rising demand for poultry products. The key factor driving the market demand is its rising demand in food and beverages industry and the growing demand for the high protein food products.
However, the rising consumption of eggs is propelling the demand for egg carton market. For instance, according to Statista, in 2015, the consumption of eggs in the United States was 286.5 per person and the consumption reached 284.6 per person in 2021. Also, according to Statista, in 2015, the market size of Indian food and beverages industry was USD 19.82 billion and the number reached USD 45.97 billion in 2020. As a result, rising consumption of eggs and growing food and beverages industry will creates lucrative demand for the market. However, growing demand in end use industry will creates lucrative opportunity for the market during forecast period. Also, the Stringent Regulations regarding Usage of Plastic stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Egg Carton Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the dominating region across the world in terms of market share, owing to the rising food and beverages industry and growing demand in ecommerce sector in the region. Whereas, North America is also anticipated to exhibit highest growth rate over the forecast period, owing to factors such as rising demand in food and beverages industry and growing egg consumption in the European countries.
Major market players included in this report are:
DFM Packaging Solutions
Sanovo Technology Group
Ovotherm International Handels GmbH
Reynolds Group Ltd
Recent Developments in the Market:
In Jul 2021, Huhtamaki, a key global provider of sustainable packaging solutions, is launching Futuro, 100% plastic-free egg carton for cooked colored eggs, across markets in Europe. Through this launch, company expanded its product portfolio and market in Europe.
In 2021, Wegmans Food Markets has launched innovative egg cartons. The new packaging, which was formerly made of polystyrene foam, is manufactured completely from newsprint and other paper products that were previously used. Wegmans claims that by switching from foam to moulded fibre cartons, it will yearly reduce 625,000 pounds of foam from its stores.
Global Egg Carton Market Report Scope:
Historical Data: 2019-2020-2021
Base Year for Estimation: 2021
Forecast period: 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Material Used, Number of Eggs Stored, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
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
By Number of Eggs Stored:
3 Egg Cartons
6 Egg Carton
12 Egg Carton
24 Egg Carton
Rest of the World