Global Plastic-Based Egg Packaging Market Overview
The Plastic-Based Egg Packaging Market Size was estimated at 1.9 (USD Billion) in 2022.The Plastic-Based Egg Packaging Industry is expected to grow from 1.94(USD Billion) in 2023 to 2.3 (USD Billion) by 2032. The Plastic-Based Egg Packaging Market CAGR (growth rate) is expected to be around 1.9% during the forecast period (2024 - 2032).
Key Plastic-Based Egg Packaging Market Trends Highlighted
In recent times, the plastic-based egg packaging industry has made considerable strides in terms of responding to increased demand for durable and cost-effective options. There is also a growing interest towards use of recycled plastics in the making of egg cartons as more consumers become environmentally conscious. There is an opportunity for manufacturers to partner with recycling facilities and come up with modern types of packaging that are sustainable. Besides, online grocery shopping has necessitated the need for tamper-proof and impact-resistant egg packaging, which has pushed forward design and functionality developments. Manufacturers will be able to take advantage of this situation by investing in R to provide innovative solutions that can meet changing needs from both consumers and retailers.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Plastic-Based Egg Packaging Market Drivers
Rising Demand for Sustainable Packaging Solutions
The demand for sustainable packaging solutions in the Plastic-Based Egg Packaging Market is increasing with growing environmental concerns and preferences for eco-friendly products by consumers. Consumers have become more conscious about how the environment is damaged by conventional plastic packing and are looking for alternatives that are more sustainable. This need can be met through environmentally friendly options like Plastic-Based egg packaging made from recycled materials or biodegradable plastics.Moreover, there are government regulations aiming to reduce plastic waste which are furthering the adoption of sustainable packaging solutions in the Plastic-Based Egg Packaging Market.
Growing E-commerce Industry
Another leading factor propelling the plastic-based egg packaging market is the rapid growth of the e-commerce industry. When more customers buy eggs online, there is a growing need for protective and easy-to-use packaging solutions. The lightweight nature of plastic egg packaging makes it suitable for e-commerce egg deliveries as it can be easily maneuvered. Besides, the increased preference for online grocery shopping and meal-kit delivery services fuels the demand for plastic-based egg packaging in the market for Plastic-Based Egg Packaging Market.
Increasing Demand for Convenience Packaging
The increasing demand for convenience packaging is also driving the growth of the Plastic-Based Egg Packaging Market. Consumers are seeking packaging solutions that are easy to open, store, and dispose of. Plastic-based egg packaging offers convenience in all these aspects. It is easy to open, stackable for easy storage, and can be recycled or disposed of easily post-use. The convenience factor of plastic-based egg packaging makes it a preferred choice among consumers, contributing to the growth of the Plastic-Based Egg Packaging Market.
Plastic-Based Egg Packaging Market Segment Insights:
Plastic-Based Egg Packaging Market Material Type Insights
Polystyrene (PS), Polyethylene Terephthalate (PET), Rigid Polyethylene (HDPE), Polyvinyl Chloride (PVC), and Other categories of materials dominate the Plastic-Based Egg Packaging Market Segmentation by Material Type. The polystyrene (PS) segment held the largest market share of more than 55% in 2023 and is projected to retain its dominance throughout the forecast period. It is a lightweight, cheap and sturdy material that offers good protection to eggs during their transportation and storage. It helps preserve the freshness and quality of eggs because it insulates them; hence it is widely used by egg producers and consumers.
The growth of the PET sector is also due to its recyclability and transparency, which allows the viewing of eggs within the packaging. The Rigid Polyethylene (HDPE) segment is expected to exhibit steady growth over the forecast period. High strength, rigidity, and chemical resistance are some of the outstanding properties linked with HDPE which makes it perfect for packing eggs that require extra care when traveling long distances. On the other hand, the PVC market will grow moderately, having relatively low cost together with a multipurpose nature.
PVC is often combined with other materials to improve overall performance. The other categories include paper board, cardboard, and biodegradable plastics. Paper boards have been traditionally employed in egg packaging, but they spoil easily when they come into contact with moisture. Biodegradable plastics offer an alternative solution, considering conventional ones fail to meet sustainability requirements. Rising concern about food hygiene & safety coupled with the increasing popularity of convenience packaging along with growing demand for eggs has primarily driven demand for Plastic-Based egg packaging worldwide.
Technological breakthroughs in plastics manufacturing industry may also support this industry through developing new sustainable innovative packages.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Plastic-Based Egg Packaging Market Packaging Type Insights
The packaging types of the Market for Plastic Egg Packaging are Clamshells, Cartons, Trays, and Other Formats. The Clamshells accounted for over 40% of revenue in 2023; therefore, they were the leading one. These containers provide an excellent egg protection system as they are moved or stored and are preferred by manufacturers as well as users. This is also true about cartons, which are commonly used especially for smaller quantities of eggs because they are light and easy to manage, thus making them suitable for both retail and home use. Trays offer another common packaging form where eggs can be safely placed and transported since they are stackable.
There is a growing interest in alternative formats, such as paper or biodegradable packing, due to increased environmental concerns. It is projected that the revenue from Clamshells in the Plastic-Based Egg Packaging Market will rise to USD 1.2 billion in 2032 at a CAGR of 1.5% during the forecast period.
Plastic-Based Egg Packaging Market Application Insights
The Application segment is a crucial aspect of the Plastic-Based Egg Packaging Market, providing insights into the diverse applications of plastic-based egg packaging solutions. Table Eggs, Hatching Eggs, and Processed Eggs are the key application areas, each with unique market dynamics. Table Eggs account for the largest share of the Plastic-Based Egg Packaging Market revenue, driven by the widespread consumption of eggs for breakfast and other meals. Plastic packaging ensures the freshness and protection of table eggs during transportation and storage.Hatching Eggs, used for poultry breeding require specialized packaging to maintain their viability and protect them from damage. This segment is expected to grow steadily due to rising poultry production and the need for high-quality hatching eggs. Processed Eggs, including liquid, frozen, and dried egg products, are increasingly used in food processing and catering industries. Plastic-based packaging offers extended shelf life and protection against contamination, contributing to the growth of this segment. The overall Plastic-Based Egg Packaging Market is poised for growth in the coming years, influenced by factors such as rising egg consumption, evolving consumer preferences, and advancements in packaging technology.
Plastic-Based Egg Packaging Market End-Use Insights
The Egg Packaging Market Based on Plastic Segmentation by End-Use into Retail, Foodservice, and Industrial illustrates the dynamics in the market. The highest percentage of revenues was from the retail sector as of 2023 due to increased demand for food packaging that is convenient and hygienic. There is also a segment growing out of the increasing popularity of supermarkets and hypermarkets. The number of restaurants, cafes, and food chains is rising, a supporting trend for this portion to develop at an average rate. The industrial segment holds significant shares of the market as it serves egg processing plants as well as egg distributors.
Market players must understand these segments’ growth prospects and main trends so that they can come up with specific strategies to reach different customer groups.
Plastic-Based Egg Packaging Market Egg Size Insights
The Plastic-Based Egg Packaging Market is segmented by Egg Size into Small, Medium, Large, Jumbo, and Others. Among these, the medium segment holds the largest market share due to the high demand for medium-sized eggs, which consumers prefer for their versatility and suitability for various applications. The Small segment is also expected to witness significant growth owing to the increasing popularity of smaller egg sizes for individual consumption and convenience. The Large and Jumbo segments cater to specific consumer preferences and niche markets, while the Others segment includes specialty egg sizes that are typically produced for specific markets or applications.Overall, the segmentation of the Plastic-Based Egg Packaging Market by Egg Size reflects the diverse consumer preferences and market dynamics that influence the demand for plastic-based egg packaging solutions.
Plastic-Based Egg Packaging Market Regional Insights
The regional segmentation of the Plastic-Based Egg Packaging Market provides insights into the market's geographic distribution and growth potential. North America is expected to hold a significant market share in the coming years, driven by increasing demand for convenience packaging solutions in the food industry. Europe is another key region with a growing emphasis on sustainable packaging practices. The APAC region is projected to witness substantial growth, owing to the rising population and expanding retail sector. South America and MEA are also expected to contribute to the overall market growth, albeit at a slower pace compared to other regions.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Plastic-Based Egg Packaging Market Key Players And Competitive Insights:
Major players in the plastic-based egg packaging market are constantly striving to gain a competitive edge by investing in research and development, expanding their product portfolios, and implementing innovative marketing strategies. Leading Plastic-Based Egg Packaging Market players are focusing on developing sustainable and eco-friendly packaging solutions to meet the growing demand for environmentally conscious products. The Plastic-Based Egg Packaging Market industry is characterized by intense competition, with key players vying for market share through strategic partnerships, acquisitions, and mergers. Plastic-Based Egg Packaging Market development is driven by technological advancements, such as the adoption of automation and the integration of smart technologies, which are enhancing efficiency and productivity. Continuous innovation and the introduction of new products are shaping the competitive landscape of the Plastic-Based Egg Packaging Market.Amcor, a leader in the packaging industry, has a strong presence in the Plastic-Based Egg Packaging Market. The company offers a wide range of egg packaging solutions, including pulp and plastic-based products, and has a footprint with operations in over 40 countries. Amcor is focused on sustainability and innovation, investing in eco-friendly packaging materials and developing new technologies to improve the efficiency of its operations. The company's strong brand recognition, reach, and commitment to sustainability make it a formidable competitor in the Plastic-Based Egg Packaging Market.Tetra Pak is another major player in the Plastic-Based Egg Packaging Market. The company is known for its innovative and sustainable packaging solutions, including its Tetra Recart egg packaging. Tetra Pak has a presence and is committed to sustainability, with a focus on reducing its environmental footprint. The company's strong brand reputation, innovative products, and commitment to sustainability make it a strong competitor in the Plastic-Based Egg Packaging Market.
Key Companies in the Plastic-Based Egg Packaging Market Include:
Plastic-Based Egg Packaging Market Industry Developments
The plastic-based egg packaging market is anticipated to exhibit steady growth, reaching a projected valuation of 2.3 billion USD by 2032, expanding at a CAGR of 1.9% from 2024 to 2032. Factors driving market expansion include the rising demand for convenience packaging, growing awareness of egg safety, and expanding retail sectors. In recent news, Huhtamaki, a leading packaging solutions provider, announced the launch of its latest fiber-based egg packaging solution, aligning with the growing demand for sustainable packaging. Additionally, demand for recycled plastic egg cartons is witnessing an upswing due to environmental concerns and government regulations promoting circular economies.
Plastic-Based Egg Packaging Market Segmentation Insights
Plastic-Based Egg Packaging Market Material Type Outlook
Plastic-Based Egg Packaging Market Packaging Type Outlook
-
Clamshells
-
Cartons
-
Trays
-
Other Formats
Plastic-Based Egg Packaging Market Application Outlook
-
Table Eggs
-
Hatching Eggs
-
Processed Eggs
Plastic-Based Egg Packaging Market End-Use Outlook
-
Retail
-
Foodservice
-
Industrial
Plastic-Based Egg Packaging Market Egg Size Outlook
-
Small
-
Medium
-
Large
-
Jumbo
-
Others
Plastic-Based Egg Packaging Market Regional Outlook
-
North America
-
Europe
-
South America
-
Asia Pacific
-
Middle East and Africa
Plastic-Based Egg Packaging Market Report Scope
| Report Attribute/Metric |
Details |
| Market Size 2022 |
1.9(USD Billion) |
| Market Size 2023 |
1.94(USD Billion) |
| Market Size 2032 |
2.3(USD Billion) |
| Compound Annual Growth Rate (CAGR) |
1.9% (2024 - 2032) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year |
2023 |
| Market Forecast Period |
2024 - 2032 |
| Historical Data |
2019 - 2023 |
| Market Forecast Units |
USD Billion |
| Key Companies Profiled |
Uflex, International Paper, DS Smith, Shorkot Packaging, WestRock, Sonoco Products, Amcor, Elopak, Huhtamaki Oyj, Zhangjiagang Tianfeng Plastic Industrial, Paccor, ITC Limited, Smurfit Kappa, Jabil Packaging Solutions, Mondi Group |
| Segments Covered |
Material Type, Packaging Type, Application, End-Use, Egg Size, Regional |
| Key Market Opportunities |
Sustainability and EcoFriendliness Demand for plant-based and biodegradable packaging solutionsRising Health Consciousness and Growing preference for tamperproof and hygienic egg packagingECommerce Growth Increasing online egg sales driving demand for safe and convenient packaging.Retail Expansion The Expansion of supermarkets and convenience stores creates opportunities for innovative packaging designs.Technological Advancements Development of lightweight and durable plastic egg cartons with antimicrobial properties |
| Key Market Dynamics |
Growing demand for convenience packagingRising disposable incomes and urbanizationIncreasing consumer preference for eco-friendly packagingInnovations in packaging designs and materialsExpansion of retail and e-commerce channels |
| Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Plastic-Based Egg Packaging Market is expected to reach a valuation of USD 2.3 billion by 2032, expanding at a CAGR of 1.9% from 2024 to 2032.
North America currently dominates the Plastic-Based Egg Packaging Market, accounting for a significant market share. The region's well-established poultry industry and growing demand for convenience packaging solutions contribute to its leading position.
The rising demand for packaged eggs due to changing consumer lifestyles, increasing urbanization, and growing disposable incomes are primary growth drivers for the Plastic-Based Egg Packaging Market.
Retail and food service sectors collectively account for the largest share of the Plastic-Based Egg Packaging Market. The increasing popularity of packaged eggs in supermarkets, convenience stores, and restaurants drives demand in these sectors.
Some of the prominent players in the Plastic-Based Egg Packaging Market include Huhtamaki, DS Smith, Smurfit Kappa, Sonoco Products Company, and Pactiv Evergreen. These companies offer a wide range of plastic-based egg packaging solutions to meet diverse customer needs.
Environmental concerns and the growing adoption of sustainable packaging alternatives pose challenges to the Plastic-Based Egg Packaging Market. Consumers are becoming more conscious of the environmental impact of plastic packaging, leading to increased demand for eco-friendly options.
The incorporation of innovative technologies such as biodegradable and compostable plastics is an emerging trend in the Plastic-Based Egg Packaging Market. These solutions address environmental concerns while maintaining the functionality and convenience of plastic packaging.
The Plastic-Based Egg Packaging Market is projected to witness steady growth in the coming years. Increasing consumer preference for packaged eggs, coupled with the expansion of the poultry industry, particularly in emerging markets, will drive market growth.
Growing urbanization, rising disposable incomes, and changing consumer lifestyles are key factors driving the growth of the Plastic-Based Egg Packaging Market. The increasing demand for convenience and hygiene in food packaging contributes to the market's expansion.
Fluctuations in raw material prices, intense competition, and stringent environmental regulations pose potential risks to the Plastic-Based Egg Packaging Market. The increasing adoption of sustainable packaging alternatives may also challenge the market's growth.
