Egg Packaging Market Size, Trends and Growth Analysis by 2027

The global egg packaging market was valued at approximately US$ 4,243.42 million in 2019 and is anticipated to grow to US$ 5,932.01 million by 2027, reflecting a compound annual growth rate (CAGR) of 4.3% from 2020 to 2027.

Egg packaging encompasses materials specifically crafted to ensure the safe storage and transportation of eggs. Given the fragile and porous characteristics of egg shells, there is a pressing need for robust and secure packaging solutions. Common forms of egg packaging include cartons, trays, baskets, and containers, which are typically made from materials such as paperboard, recycled paper, polyethylene terephthalate (PET), or polystyrene. These materials not only provide convenience but also effectively absorb shocks and stresses encountered during handling and transportation. Furthermore, egg packaging plays a crucial role in protecting eggs from bacteria, contamination, natural predators, and moisture loss. The multitude of benefits associated with egg packaging has significantly boosted its demand.

The market for egg packaging is categorized by packaging type into cartons, containers, trays, and other forms. In 2019, the cartons segment dominated the market, holding the largest share. Egg cartons are specifically designed for the transport and storage of whole eggs, featuring a dimpled structure where each dimple securely holds an individual egg, preventing contact with adjacent eggs. Standard egg cartons typically accommodate 10 to 12 eggs, although they can vary in size, holding anywhere from three to 24 eggs. These cartons can be constructed from various materials, including foamed plastics like polystyrene foam, clear plastics, or recycled paper and molded pulp. The diverse range of materials and designs is expected to further propel the growth of the egg packaging market, particularly in the cartons segment.

Regionally, the egg packaging market is divided into North America, Europe, Asia Pacific (APAC), South America (SAM), and the Middle East & Africa (MEA). In 2019, Europe accounted for a substantial share of the egg packaging market. However, the Asia Pacific region is projected to experience the fastest growth during the forecast period. The expansion of the egg packaging market in Europe is largely driven by increasing egg consumption and heightened demand from the foodservice and food processing sectors.

The COVID-19 pandemic, which was first identified in Wuhan, China, in December 2019, has had a profound impact on global economies and industries. By February 2021, countries such as the US, Brazil, India, Russia, Spain, and the UK were among the most severely affected in terms of confirmed cases and fatalities. The pandemic has led to significant disruptions across various sectors, including the food and beverage industry, which has faced challenges such as supply chain interruptions, cancellations of technology events, and business closures. For instance, China, being a major manufacturing hub and primary supplier of raw materials, has experienced lockdowns that have severely restricted global supply chains, affecting manufacturing operations, delivery timelines, and sales of numerous products. Many companies have reported potential delays in product deliveries and a downturn in future sales. Additionally, international travel restrictions imposed by countries in Europe, Asia, and North America have obstructed business collaborations and partnership opportunities. These factors collectively hinder the food and beverage sector, thereby posing challenges to the growth of related markets.

Key players in the global egg packaging market include Sonoco Products Company, Placon, Mauser Corporate GMBH, JIN FU HUA PACKAGING INDUSTRIAL CO., LTD. (JFH), Huhtamaki Oyj, CKF Inc., Cascades Inc, Brodrene Hartmann AS, Reynolds Group Holdings Limited, and Cellulose de la Loire. These companies are instrumental in shaping the dynamics of the global egg packaging market.

The overall size of the global egg packaging market has been determined through a combination of primary and secondary research methodologies. The research process commenced with extensive secondary research utilizing both internal and external sources to gather qualitative and quantitative data related to the market. Additionally, numerous primary interviews were conducted with industry stakeholders and experts to validate the findings and gain deeper analytical insights. Participants in this research included industry professionals such as VPs, business development managers, market intelligence managers, and national sales managers, as well as external consultants like valuation experts, research analysts, and key opinion leaders specializing in the global egg packaging market.