Plastic-Based Egg Packaging Market by Product and Geography - Forecast and Analysis 2020-2024

The plastic-based egg packaging market size has the potential to grow by USD 772.76 million during 2020-2024, and the market's growth momentum will accelerate during the forecast period.

This report provides a detailed analysis of the market by product (tray and carton) and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market's competitive landscape and offers information on several market vendors, including CKF Inc., Dispak Ltd., EggBox.com, Huhtamäki Oyj, MAUSER Corporate GmbH, Ovotherm International Handels GmbH, PAC Alliance Pte Ltd., Reynolds Group Holdings Ltd., Sonoco Products Co., and Tekni-Plex Inc.

What will the Plastic-Based Egg Packaging Market Size be in 2020?

Browse TOC and LoE with selected illustrations and example pages of Plastic-Based Egg Packaging Market

Request a FREE sample now!

Who are the Major Plastic-Based Egg Packaging Vendors?

The plastic-based egg packaging market is fragmented. The price consciousness of the egg producers and retailers put the established plastic-based egg packaging vendors under pricing pressure. The price sensitivity of the egg producers and retailers in developing countries is also encouraging regional plastic-based egg packaging vendors to utilize the market opportunities by selling their products at a low cost. CKF Inc., Dispak Ltd., and EggBox.com are some of the major market participants. Although the growing demand for eggs will offer immense growth opportunities, the health hazards in the egg industry will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this plastic-based egg packaging market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market's competitive landscape and offers information on the products offered by various companies. Moreover, this plastic-based egg packaging market analysis report also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

• CKF Inc.
• Dispak Ltd.
• EggBox.com
• Huhtamäki Oyj
• MAUSER Corporate GmbH
• Ovotherm International Handels GmbH
• PAC Alliance Pte Ltd.
• Reynolds Group Holdings Ltd.
• Sonoco Products Co.
• Tekni-Plex Inc.

What are the Major Product Segments in the Plastic-Based Egg Packaging Market?

Request for a FREE sample and Get more information on the market contribution of various segments

In the global plastic-based egg packaging market, the tray segment holds the largest market share as trays can offer better protection for eggs compared with cartons, especially during transportation. Plastic-based egg trays can be made up of HDPE and PET. Throughout the forecast period, HDPE is expected to hold the largest revenue share in the global plastic-based egg tray packaging market.

Market growth in this segment will be faster than the growth of the market in the carton segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the plastic-based egg packaging market size.

Which are the Key Markets for Plastic-Based Egg Packaging?

For more insights on the market share of various regions Request for a FREE sample now!

APAC was the largest plastic-based egg packaging market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The rise in the inclination of people toward a healthy lifestyle will significantly drive plastic-based egg packaging market growth in this region over the forecast period.

51% of the market's growth will originate from APAC during the forecast period. China, India, and Japan are the key markets for plastic-based egg packaging in APAC. Market growth in this region will be faster than the growth of the market in other regions.

How will Cage-free Eggs Influence Plastic-Based Egg Packaging Market Growth?

Foam cartons and molded paper pulp cartons are preferred for egg packaging as they are cheaper than clear PET-based egg cartons. However, with the growing popularity of organic eggs, the demand for PET-based packaging is also growing, especially in Western countries. There is also a growing demand for cage-free eggs. Cage-free eggs are eggs produced by birds that are not always caged. More than 200 companies in the US, including Walmart, Unilever, and McDonald's have pledged to go cage-free in the coming 5-10 years. Unilever has already fulfilled its promise of using only cage-free eggs in 2017. These initiatives have contributed to the growing demand for cage-free eggs. Clear plastic is being adopted as the preferred choice of packaging these organic and cage-free eggs, which in turn, will drive plastic-based egg packaging market growth at a CAGR of almost 5% during the forecast period.

Request for a FREE sample

What are the Key Factors Covered in this Plastic-Based Egg Packaging Market Report?

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will drive plastic-based egg packaging market growth during the next five years
• Precise estimation of the plastic-based egg packaging market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the plastic-based egg packaging industry across APAC, Europe, MEA, North America, and South America
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of plastic-based egg packaging market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch