Products offered by players in the global egg packaging market are specifically designed for safe transportation and storage of eggs. Since eggs have a porous and delicate shell, they call for a rugged and secure packaging system. Some of the widely used solutions for packaging eggs are trays, containers, cartons, and baskets. Manufacturers in the global egg packaging market produce these containers by using a wide range of raw materials, including recycled paper, polystyrene, paperboard, and polyethylene terephthalate. Market players are also exploring alternative materials, such as cardboard, as well as rye grass. These materials are particularly chosen for packaging eggs, since they can endure shocks or stress that occur while transportation, while keeping them intact. They also aid in protecting the eggs from various types of harmful external conditions.
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Global Egg Packaging Market: Major Trends and Drivers
Increasing demand for eggs of various types, including chicken eggs, duck eggs, quail eggs, among others, is one of the strongest drivers for the global egg packaging market. Consumption of eggs offers various health benefits and essential nutritious content, which ultimately supplements their demand in the food industry. Furthermore, innovative types of egg packaging products can also help in protecting the eggs from unwanted bacteria, tainting, and maintain proper level of moisture. Rising demand from the restaurants and hospitality industries is yet another positive motivator for growing demand in the global egg packaging market.
A large number of eggs are broken during the distribution and processing stages. However, transportation is the real problem when dealing with something as delicate as eggs. Broken eggs cause great economic damage and there is a real risk of bacterial contamination through the cracks in shells. This results in poor quality eggs, as well as raising food safety concerns. Hence, stakeholders in the egg market prefer high quality packaging solutions from the global egg packaging market, that can offer impressive mechanical protection. Additionally, rising disposable income results in more and more people eating out at cafes and restaurants, which ultimately bolsters the rising demand in global egg packaging market.
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Global Egg Packaging Market: Key Players and Manufacturers
Some of the leading players operating in the global egg packaging market include Placon, Jin Fu Hua Packaging Industrial Co., Ltd., CKF Inc., Brodrene Hartmann AS, Cellulose de la Loire, Sonoco Products Company, Mauser Corporate GmbH, Huhtamaki Oyj, Cascades Inc., and Reynolds Group Holdings Limited, among others. Market players engage in various corporate growth strategies, such as launching new products, and mergers and acquisitions, with a goal of enhancing their global presence. They are also exploring new manufacturing technologies that can aid them in expanding their product portfolio through the creation of innovative packaging solutions.
Players in the global egg packaging market are also focused on increasing the use of recycled paper as primary raw material for their products, owing to their biodegradable nature. They are also developing customizable and light-weight, yet sturdy products that can meet various specific needs of their customers. Certain players in the global egg packaging market are also expanding their production capacities in order to fulfil the growing demand. For instance, Huhtamaki Oyj expanded their facility for manufacturing molded fiber products in North America in June of 2022.
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Global Egg Packaging Market: Regional Assessment
Europe held a leading share of the global egg packaging market in recent past, owing to the increasing consumption of eggs, as well as growing demand from regional food processing and food service industries. In coming years, Asia Pacific is most likely to expand at the highest rate in the global egg packaging market. This trend can be attributed to the growing regional population, resulting in increased demand for food. In addition to this, presence of China, the biggest producers of eggs in the world, also supplements growth of Asia Pacific market.
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