About Egg Packaging
Egg packaging protects and insulates eggs from jolts. It prevents them from loss of moisture and carbon dioxide. These egg packaging comes with different materials such as plastic, foam, and pulp. In addition to this, the egg packaging are designed such that they are transported from one place to another without any damage. Along with these benefits, the rise in consumption of eggs due to the higher nutritional value, the market of eggs packaging is growing.
Attributes | Details |
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Study Period | 2019-2029 |
Base Year | 2023 |
Unit | Value (USD Million) |
Egg Packaging is a fragmented market due to the presence of various players. The players are focusing on strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Egg Packaging market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Brodrene Hartmann (Denmark), Huhtamaki (Finland), Pactiv (United States), Europack (India), Dolco (United States), Dispak (Estonia), DFM Packaging Solutions (South Africa), Fibro Corporation (United States), CKF Inc. (Canada) and Zellwin Farms (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Starpak (United States), Primapack (Egypt), Chuo Kagaku (Japan) and Shenzhen Lvyuan Packing Technology (China).
Segmentation Overview
AMA Research has segmented the market of Global Egg Packaging market by , Application (Transportation and Retailing) and Region.
On the basis of geography, the market of Egg Packaging has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Packaging capacity, the sub-segment i.e. 12 will boost the Egg Packaging market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Types of packaging, the sub-segment i.e. Primary will boost the Egg Packaging market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material type, the sub-segment i.e. Paper mache will boost the Egg Packaging market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Usage of Environment Friendly Materials for Packaging
Market Growth Drivers:
Rising awareness about the health benefits of eggs are boosting the market growth. Eggs contains high amount of protein, and other minerals such as sodium, calcium, iron and others. These nutritional values are increasing the demand among the individuals who are inclined towards the healthy food. This factors are fueling the market growth.
Challenges:
Stiff Competition among the Manufacturers
Restraints:
Volatile Costs of Raw Material Leads to Fluctuation in Packaging Costs
Opportunities:
Preference of Eggs over Meat as They are Inexpensive Source of Protein and Growing Disposable Income among the Consumers
Market Leaders and their expansionary development strategies
In February 2020, Denmark based Brødrene Hartmann A/S has entered into an agreement to acquired Mohan Fibre Products. Mohan fibre sells moulded-fibre packaging to egg and apple producers in India with a particular focus on the northern states of Himachal Pradesh, Punjab and Haryana.
In June 2019, Smurfit has launched new design for egg packaging. It is styled like a briefcase with a handle which keeps eggs fresh and secure
According to United States Environmental protection agency, about 0.6% of the solid wastes in USA is polystyrene packaging which is used in food service such as egg cartons, yogurt and cottage cheese containers.
Key Target Audience
Manufacturers, Raw Material Suppliers, Distributors and Traders, Research Organisations, Government Agencies and Organisations
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.