China Egg Tray Packaging Market Share

China Egg Tray Packaging Market Overview

China Egg Tray Packaging Market Size was valued at USD 221.7 Million in 2022. The egg tray packaging industry is projected to grow from USD 237.4 Million in 2023 to USD 422.0 Million by 2032, exhibiting a compound annual growth rate (CAGR) of 5.90% during the forecast period (2023 - 2032). The demand for eggs is being driven by notable expansion in the food and beverage (F&B) sector, rising health consciousness among people, and evolving dietary habits. This is one of the main market drivers driving the market in a good direction.

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Egg Tray Packaging Market Trends

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  Growing Consumption of Eggs to Boost the Market Growth

  
  

The market CAGR is growing mostly due to the rising output of eggs. The high consumption of eggs, population growth, rising purchasing power, and increased acceptance of eggs are the main reasons driving the market for egg trays packaging. Increased desire for a wider range of food has been seen to correspond with rising income levels. In contrast to food originating from plants, this results in a greater demand for high-value and high-quality foods like meat, eggs, and milk. Furthermore, both non-vegetarians and vegetarians enjoy eggs as a food item because they are widely accepted. They are among the best places to find protein, vitamins, and minerals. One-fifth of what humans need each day in protein can be found in eggs. Due to their many health advantages, eggs are eaten for breakfast in many households and restaurant chains across the globe. Throughout the projection period, the market in focus is anticipated to grow at a faster rate due to the rising demand for eggs.

Moreover, over the past ten years, the packaging sector has experienced significant growth and transformation on a global scale. Less developed markets are fueling the expansion as more people move into cities and embrace western lifestyles. The demand for packaged food has increased as a result of these factors. The majority of well-known firms prioritize sustainability, and replacing plastic in packaging is a top priority. For practically any traditional plastic material and its subsequent application, substitute alternatives like bioplastic are available. Due to rising consumer awareness of the environmental effect, there is a growing demand for sustainable products, which is driving the expanding use of bioplastics in the packaging business. It is projected that these reasons will propel the China egg tray packaging market. Thus, driving the egg tray packaging market revenue.

Egg Tray Packaging Market Segment Insights

Egg Tray Packaging Packaging Type Insights

The China Egg Tray Packaging market segmentation, based on packaging type includes cartons and trays. The cartons segment dominated the market mostly. Carton packaging is popular among many egg packaging vendors because of the affordability and broad availability of paperboard. Furthermore, these cartons can be made in different sizes according to the final application, serving as bulkier packaging options for wholesalers and retail sizes that Chinese homes use.

Egg Tray Packaging Paper Packaging Insights

The China Egg Tray Packaging market segmentation, based on paper packaging, includes molded fiber and paperboard. The paperboard category generated the most income. The industry's demand and value for plastic are declining due to increased concerns about environmentally friendly and sustainable packaging materials. As a result, a number of egg packaging suppliers have made significant investments in alternative materials in response to the strict policies of governments throughout the banning plastic.

Figure 1: China Egg Tray Packaging Market, by Paper Packaging, 2022 & 2032 (USD Billion)Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Egg Tray Packaging Plastic Packaging Insights

The China Egg Tray Packaging market segmentation, based on plastic packaging, includes polystyrene, PET (polyethylene terephthalate), PP (polypropylene), PVC (polyvinyl chloride), PE (polyethylene), and others. The PET (polyethylene terephthalate) category generated the most income. The most used material for packaging eggs is PET. Furthermore, PET's ability to weigh light has expanded its use in the egg business and contributed to a major decrease in energy use. Additionally, there are a lot of buyers and sellers of PET raw materials, and there is an abundance of supply on the market.

Egg Tray Packaging Pack Size Insights

The China Egg Tray Packaging market segmentation, based on pack size, includes up to 6 eggs, 7-15 eggs, 16-30 eggs, and above 30 eggs. The 7-15 eggs category generated the most income. The demand for eggs packaged in cases holding up to 12 eggs is predicted to increase because to the explosive growth of the industrial food canteen sector and the restaurant business. The majority of consumers choose plastic and molded paper tray egg packaging over other options.

Egg Tray Packaging Country Insights

The expansion of organized packaging and the expanding retail environment are the main factors driving the Chinese egg tray packaging industry. In order to supply high-quality egg packaging solutions that can last for a longer period of time, the organized retail and packaging business is pushing for sophisticated packaging techniques. In addition, the increasing physical and online marketing has helped to boost egg sales in recent years. A number of major egg industry packaging suppliers are putting more of an emphasis on offering buyers in hypermarkets and supermarkets aesthetically pleasing packaging designs. Moreover, the country is home to a sizable number of businesses, is exceptional at offering the storage facilities required by the food and beverage industry, and their diet largely consists of eggs. During the projection period, these factors are anticipated to contribute to the expansion of the market in this country.

Leading market players are investing heavily in research and development in order to expand their product lines, which will help the egg tray packaging market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, egg tray packaging industry must offer cost-effective items.

Major players in the egg tray packaging market are attempting to increase market demand by investing in research and development operations includes Hartmann, Huhtamaki, DFM Packaging Solutions, and Omni-Pac Group.

Key Companies in the egg tray packaging market include

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  Hartmann

  
  


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  Huhtamaki

  
  


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  DFM Packaging Solutions

  
  


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  Omni-Pac Group

  
  

Egg Tray Packaging Industry Developments

January 2020: Tekni-Plex Consumer Products has introduced a new version of the Dolco ProPlus egg carton. 25% of the egg carton is made of foam polystyrene that has been post-consumer recycled (PCR). As part of its promise to provide food packaging made of post-consumer materials, the company has launched a new product.

Egg Tray Packaging Market Segmentation

Egg Tray Packaging Packaging Type Outlook

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  Cartons

  
  


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  Trays

  
  

Egg Tray Packaging Paper Packaging Outlook

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  Molded Fiber

  
  


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  Paperboard

  
  

Egg Tray Packaging Plastic Packaging Outlook

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  Polystyrene

  
  


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  PET (Polyethylene Terephthalate)

  
  


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  PP (Polypropylene)

  
  


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  PVC (Polyvinyl Chloride)

  
  


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  PE (Polyethylene)

  
  


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  Others

  
  

Egg Tray Packaging Pack Size Outlook

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  Up to 6 Eggs

  
  


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  7-15 Eggs

  
  


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  16-30 Eggs

  
  


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  Above 30 Eggs