Global Egg Tray Market, By Type (Plastic egg trays, Paper egg trays), Distribution Channel (Direct Sales, Distributor), Application (Liquid egg products, Dried egg products, Frozen egg products)– Industry Trends and Forecast to 2029
Market Analysis and Size
Rising chicken is one of the agendas which make farmers become rich. In every village, you will find a chicken farm no matter the farm is small or large. While an inclusive chicken farm needs these equipment water supply equipment, heating equipment, ventilation equipment, and so on. As we all know, egg is an easily broken type of food. Thus, it is challenging to transport it. So, it requires the egg trays which help us to avoid these problems. Egg trays can protect the egg from the external situation. It can also protect the eggs from damaging which can occur due to dampness and illumination so that the using egg tray can reduce the loss and these factors drive the growth of egg tray market.
Data Bridge Market Research analyses that the egg tray market was valued at USD 4140.00 million in 2021 and is expected to reach USD 6353.60 million by 2029, registering a CAGR of 5.50% during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD million, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Plastic egg trays, Paper egg trays), Distribution Channel (Direct Sales, Distributor), Application (Liquid egg products, Dried egg products, Frozen egg products)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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DFM Packaging Solutions (South Africa), Dispak (UK), ECPlaza Network Inc. (India), BWAY Corporation (US), Ovotherm International Handels GmbH (Austria), Pactiv Evergreen Inc. (US), Al-Ghadeer Group (South Arabia), Brødrene Hartmann A/S (Denamrk), Cascades inc,(Canada) Cellulose de la Loire (France), GI-OVO B.V (Netherland), GREEN PULP PAPER INDUSTRY SDN.BHD (Malaysia), Huhtamäki (Finalnd), BWAY Corporation (US), Reynolds Group Ltd (New Zealand), Teo Seng Capital Berhad (Malaysia), CRB Ventures Private Limited (India), Sri Mallikarjuna Poultry Equipments.(India), Dahlia Udyog (India)
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Market Opportunities
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Market Definition
The egg tray have a textured form in which each hollow accommodates an separate egg and isolates that egg from other eggs in adjacent manner. This structure helps to protect eggs against pressures exerted during storage and transportation by absorbing a lot of shock and restraining the incidents of fracture to the fragile egg shells. An egg tray can be made of several materials in which including foamed plastics for example clear plastic, polystyrene foam, or may be produced from moulded pulp and recycled paper by using mechanized papier-mâché process
Egg Tray Market Dynamics
Drivers
- Rise in demand due to increasing awareness
The growing awareness about global warming the paper egg trays will have a highest growth rate which growing the market share in the egg tray market. The growing demand for eggs from developing economies due to rising awareness about the health benefits of eggs is also the reason which are expected to increase the demand for egg packaging across the globe.
- Environment Friendly
There are several types of egg holders for eggs in the market. Compared to others, the paper egg tray is more eco-friendly because the raw material of this tray comes from waste boxes, waste paper, waste books, and among others. It has degradable and recyclable characteristics. After using the egg tray, we can use it to make other things by the certain processes. It is called recycled circle, which will profitable for coming generations.
- Storage and packaging characteristics to play significant role
The egg tray is used to protect the eggs during storage and transportation and provide longer shelf life of the egg and no exposure to contaminants and moisture are other factors which are expected to drive the demand for several types of efficient and innovative materials for manufacturing of egg trays.
Opportunities
- Rise the demand in bakeries
Increasing demand for eggs in pastries and other bakery goods are major factor which increase the demand of eggs in the market and are projected to rise the demand of egg tray in the market and increase the market growth rate
- Increasing Sale
In current market, the great changes have seen in people for purchasing the product. With the development of people’s material standard, more and more people start to live a higher quality of life. The quality of product packaging has a direct impact on the sales. The egg is more characteristic. If we make the egg packaging unique and exquisite and unique, it will upsurge the sales of eggs.
Restraints/ Challenges
Moreover, egg tray made of paper which are recyclable in nature and therefore become a very cost effective solution for the storage of eggs. All such factors increase the growth of global egg tray market. But on other hand, due to high competition in the producers of plastic egg tray and the fluctuation in the price of raw materials that is required in manufacturing of egg trays, the market for egg trays has suffered limited the growth of the market. Also, the price of using paper pulp is comparatively high due to the raw material being wood pulp, and the paper and pulping production process and further melding and pressing processes are very high. These are the major market restrains that will obstruct the market's growth rate.
This egg tray market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the egg tray market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Egg Tray Market
The outbreak of COVID-19 pandemic have resulted slowdowns in numerous countries which are shutting down ports, airports, and domestic and commercial transportation. This had also impacted the manufacturing operations and activities of egg tray market globally. The social distancing norms and restriction due to virus outbreak disrupted the manufacturing of egg tray industry landscape and operations globally which decrease the demand of egg tray in the market. Revenues have been impacted considerably across egg tray industries. So now the egg tray manufacturing companies has focused on managing core tasks which challenge continues on a global scale.
Global Egg Tray Market Scope
The egg tray market is segmented on the basis of type, distribution channel and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Plastic egg trays
- Paper egg trays
Distribution Channel
- Direct Sales
- Distributor
Application
- Liquid egg products
- Dried egg products
- Frozen egg products
Egg Tray Market Regional Analysis/Insights
The egg tray market is analysed and market size insights and trends are provided by country, type, distribution channel and application as referenced above.
The countries covered in the egg tray market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
Asia-Pacific dominates the egg tray market in terms of revenue and market share during the forecast period. This is due to the increasing demand for egg tray in this region. The Asia-Pacific region leads the egg tray market due to growing the presence of well-established international players along with the existence of local vendors such as Eggs Posure and MyPak Packaging, increasing demand for the protein diet and increase in product extensions in terms of innovation in production and technology which creates a positive impact on the consumption of eggs which in turn upsurges the demand for egg trays in this region.
During the projected period, North America is expected to be the fastest developing region due to the rising demand of re-usable egg tray in retail sector in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Egg Tray Market Share Analysis
The egg tray market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to egg tray market.
Some of the major players operating in the egg tray market are:
- DFM Packaging Solutions (South Africa)
- Dispak (UK)
- ECPlaza Network Inc. (India)
- BWAY Corporation (US)
- Ovotherm International Handels GmbH (Austria)
- Pactiv Evergreen Inc. (US)
- Al-Ghadeer Group (South Arabia)
- Brødrene Hartmann A/S (Denamrk)
- Cascades inc,(Canada)
- Cellulose de la Loire (France)
- GI-OVO B.V (Netherlands)
- GREEN PULP PAPER INDUSTRY SDN.BHD (Malaysia)
- Huhtamäki (Finalnd)
- BWAY Corporation (US)
- Reynolds Group Ltd (New Zealand)
- Teo Seng Capital Berhad (Malaysia)
- CRB Ventures Private Limited (India)
- Sri Mallikarjuna Poultry Equipments. (India)
- Dahlia Udyog (India)
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