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Market Research Report

Global Egg Packaging Market Outlook 2024: Global Opportunity and Demand Analysis, Market Forecast, 2016-2024

Published On : 2017-09-06 Report Page : 187 Category:Packaging

Global Egg Packaging Market

Market Overview

Changing diet habits and lifestyle of consumer is increasing the consumption of calories and protein enriched food globally. Ongoing demand of high value protein is creating a huge potential market for eggs across the globe. In 2015, over 190 eggs per person were available for global consumption. Eggs and egg products are an integral part of households and restaurants which is increasing the demand for eggs and eventually will encourage the packaging market for safe transportation. In 2016, as per United States Department of Agriculture (USDA), egg production in U.S. is increased by 5% as compared to 2015. Rising consumption of eggs is boosting the demand for egg production and packaging market to fulfill the global requirements.

Intense competition among the market players is leading the manufacturer to shift towards innovative packaging to gain consumer interest with effective solution for the storage and transportation of eggs in bulk. Effective packaging ensures the quality of eggs and help in absorbing shock and stress during transportation which also reduces the chances of generating egg waste. For instance, in 2015, leading food packaging company Huhtamäki, introduced an innovative molded fiber egg packaging solution which consist of 50 % grass fibers. Molded fiber packaging helps in protecting eggs from moisture and shock in case of high pressure and change in temperature.

Market Segmentation

Global Egg Packaging Market is segmented on following basis

  • Based on Packaging Material
  • Molded Paper
  • Plastics
  • Polystyrene (PS)
  • Polyethylene Terephthalate (PET)
  • Based on Geography
    • North America (U.S. & Canada)  {Market Size (USD Billion), Growth Analysis (%) and Production(In Tonnes)}
    • Latin America ( Brazil , Mexico & Rest of Latin America)        {Market Size (USD Billion), Growth Analysis (%) and Production(In Tonnes)}
    • Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden & RoE) {Market Size (USD Billion), Growth Analysis (%) and Production(In Tonnes)}
    •  Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) {Market Size (USD Billion), Growth Analysis (%) and Production(In Tonnes)}
    • Middle East & Africa (GCC, South Africa, North Africa, RoMEA) {Market Size (USD Billion), Growth Analysis (%) and Production(In Tonnes)}
    •  Rest of World {Market Size (USD Billion), Growth Analysis (%) and Production(In Tonnes)}

Market Size and Forecast (2016-2024)

Increasing production capacity and new packaging solutions offered by leading suppliers is likely to propel the egg packaging market across the globe. The global egg packaging market valued USD 7.98 billion in 2016, is projected to grow at a CAGR of 6.0% during the forecast period. Geographically, Asia-Pacific is dominating the egg packaging market and accounted for 32% of total market share in 2015. Rise in production of eggs and egg products in Japan, South Korea, Australia, Malaysia, China and India are expected to drive the egg packaging market in the region.

Huge consumption and production of eggs in Europe and North America regions are also increasing the demand for efficient egg packaging. High production of eggs for domestic consumption in countries such as U.S., Denmark, Germany, France and U.K. is impelling the need for egg packaging solution. North America egg packaging market valued USD 2.6 billion in 2016, whereas Europe egg packaging market is anticipated to grow at a CAGR of 5.6% over the forecast period.

Remarkable growth in the consumption of eggs and other animal products in countries such as Brazil, Mexico, Argentina and South Africa are creating attractive business for egg packaging in Latin America and Middle East & Africa region. Latin America and Middle East & Africa together accounted for 5% revenue share of global egg packaging market in 2016.

Market Drivers and Challenges

Mounting production of eggs is fuelling the egg packaging market. Optimal protection that eliminates the breakage of eggs throughout the supply chain i.e. from storage and distribution to transportation. Ease of transportation and highly cost effective customize packaging attract consumer’s interest and will drive the egg packaging market in the near future. Molded egg packaging avoids loss of moisture and egg rottening by preserving its quality. Furthermore, molded packaging is ergonomic and tactile in nature that is suitable for eggs.

However, growing intense competition due to availability of large and small enterprises will affect the profit margins of leading vendors. Moreover, large quantity of water required for manufacturing of molded paper for packaging is also major concern for suppliers which is likely to impact the egg packaging business during the forecast period.

Key Market Players

  • Celluloses de la Loire (CDL)
    • Synopsis
    • Business Strategy
    • Product Portfolio
    • SWOT Analysis
  • Hartmann
  • Huhtamäki
  • Pactiv
  • Europack
  • Tekni-Plex
  • DFM Packaging Solutions
  • Dispak
  • Primapack
  • MyPak Packaging
  • SANOVO TECHNOLOGY GROUP
  • StarPak
  • DAVA Foods
  • Ovotherm

Scope Background

Market Synopsis

Market Segmentation

The Global Egg Packaging Market is segmented as follows:

  • By Packaging Material Type (Market Size, Demand Analysis and Growth Analysis)

By Regions

  • North America (U.S., Canada) {Market Size, Growth Analysis and Opportunity Analysis}
  • Latin America (Argentina, Mexico, Brazil and Rest of Latin America) {Market Size, Growth Analysis and Opportunity Analysis}
  • Europe (Germany, Italy, Spain, France, The U.K., Netherlands, Sweden, Hungary, Russia, Poland, Rest of Europe) {Market Size, Growth Analysis and Opportunity Analysis}
  • Asia-Pacific (China, India, Singapore, Japan, Hong-Kong, Australia, New Zealand, South Korea and Rest of Asia Pacific) {Market Size, Growth Analysis and Opportunity Analysis}
  • Middle East and North Africa (MENA) {Market Size, Growth Analysis and Opportunity Analysis}
  • Rest of World  {Market Size, Growth Analysis and Opportunity Analysis}

Market Dynamics: Growth Drivers, Restraints and Opportunities

  • Risk Factors
  • Regional Variations
  • Recent Trends and Developments

Key Market Players

  • Synopsis
  • Business Strategy
  • Product Portfolio
  • SWOT Analysis

Porter’s Five Force Model

Market Landscape: Competition and Beyond

Market outlook for business players and entry level players to ascertain their business in dynamic ecosystem

Expert Analysis

Concluding Remarks


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