Egg Packaging Market Report, Trends and Forecast Report 2032
Fortune Business Insights provides this information in its research report, titled “Egg Packaging Market, 2024-2032”.
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List of Key Players Mentioned in the Report:
- MAUSER Corporate GmbH (U.S.)
- Sonoco Products Company (U.S.)
- Maspack Limited (India)
- Brodrene Hartmann AS (Denmark)
- Cascade Inc. (Canada)
- Placon (U.S.)
- Reynolds Group Holdings Limited (New Zealand)
- CKF Inc. (Canada)
- JIN FU HUA Packaging Industrial CO, Ltd. (JFH) (China)
- Packman Packaging (India)
- Bell Printers (India)
- Sanovo Technology Group (Denmark)
- Tekni-Plex Inc. (U.S.)
- Acebri (Colombia)
Segmentation:
Cartons Segment Holds Dominant Share Due to Benefit of Shock Absorption
Based on product type, the market for egg packaging is segregated into cartons, trays, and containers. The cartons segment registers a leading market share. The products assist in limiting fracture incidence and the absorption of shock, which is a major factor driving segmental dominance.
Plastic Segment Accounts for Prominent Share Owing to Advantage of Protection against Moisture
By material type, the market is fragmented into paper and plastic. The plastic segment holds a dominant share in the market. This is due to the benefit of superior protection and cushioning against moisture and odor.
Based on geography, the market for egg packaging has been studied across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Report Coverage:
The report presents an account of the latest trends and the key factors propelling the industry expansion. The vital steps deployed by leading companies to consolidate their market positions have also been mentioned in the report. An analysis of the industry on the basis of various segments – product type, material type, and geography – have also been provided in the report.
Drivers and Restraints:
Soaring Egg Demand from Hospitality Sector to Drive Industry Expansion
The demand for eggs is surging from the hospitality industry and restaurants. Besides, consumers depict a rising demand for recyclable packaging solutions owing to their increasing consciousness about the environment. This has led to an increased manufacturer emphasis on the development of green packaging solutions. These factors are anticipated to augur well for egg packaging market growth over the ensuing years.
Nonetheless, the industry growth could be restrained owing to stringent government regulations on the usage of plastic as a packaging material.
Regional Insights:
Asia Pacific Accounts for Key Share Due to Rising Significance of Healthy Lifestyle
Asia Pacific holds a dominating position in the global market. This can be attributed to the changing dietary patterns and mounting consumer inclination toward a healthy lifestyle.
Europe egg packaging market share is poised to grow driven by the surging egg consumption and the escalating product demand from the food service sector.
Competitive Landscape:
Market Players Launch New Products to Outpace their Competitors
Leading industry participants are centered on the development and rollout of new egg packaging solutions. The products are being designed to cater to the diverse needs of consumers across different markets. Companies are adopting such strategies to gain an edge over their competitors and strengthen their positions in the global market.
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Key Industry Development:
January 2022 – Tekni-Plex Consumer Products announced the launch of a new Dolco ProPlus egg carton. The solution has 25% PCR (post-consumer recycled) foam polystyrene, as claimed by the company.
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