Global Paper Egg Tray Market, By 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
Paper egg trays are generally made up from paper pulp that is used to store eggs from poultry farms and are recyclable after use. Being made of paper pulp, these paper egg trays are eco-friendly and sustainable. Paper egg trays can protect the egg from the external environment. Paper egg tray is light in weight than other egg tray due to this, it is easy to handle during storage and transported during transportation from one place to another place.
Data Bridge Market Research analyses that the paper egg tray market was valued at USD 1281.60 million in 2021 and is expected to reach USD 2169.31 million by 2029, registering a CAGR of 6.80 % during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario 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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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 (U.K.), Ovotherm International Handels GmbH (Austria), Pactiv Evergreen Inc. (U.S.), 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 Oyz (Finalnd), Teo Seng Capital Berhad (Malaysia), CRB Ventures Private Limited (India), Sri Mallikarjuna Poultry Equipments (India), JIN FU HUA PACKAGING INDUSTRIAL CO.,LTD.(JFH) (China), EP Verpackungs GmbH (Austria), Sanovo Technology A/S (Denmark), Primapack SAE (Egypt)
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Market Opportunities
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Market Definition
The paper egg tray have a textured form in which each hollow contain separate egg and isolates them with each other in adjacent manner, it has completely made through paper. This structure and the lightweight of paper aids to protect eggs against the exerted pressures during storage and transportation. A paper egg tray can be made of several materials but the paper egg tray is environment friendly and recyclable than other options.
Paper Egg Tray Market Dynamics
Drivers
- Rising demand for environment friendly product
There are numerous types of egg holders for eggs in the market. Compared to others, the paper egg tray is more environmentally friendly because the raw material of this paper egg tray comes from waste books, the waste boxes, waste paper and others. Paper egg trays have recyclable and degradable properties. After using the paper egg tray, consumer can use it to make other things by the certain methods, this is called recycled circle, which will cost-effective for future generations.
- Easy for transportation
Paper egg trays are not only used for storing eggs, it also preferred by the manufacturers during the transportation of the eggs, because paper egg trays have substantial physical and barrier characteristics. The paper egg trays are easy to handle and lightweight due to the cavities which are formed by the paper egg tray forming machine. These trays have excellent external shock resistance for the safety of the eggs during transportation.
- Increase in demand due to growing awareness
The rising awareness regarding global warming, which has affected the environment, increases the demand for paper egg trays, which will have the highest growth rate, growing the market share in the paper egg tray market. The rising demand for eggs from emerging countries due to growing awareness regarding health benefits of eggs is also the reason which are expected to upsurge the demand for paper egg tray packaging overall the globe
Opportunities
Growing demand for eggs in pastries and other bakery food are the major factor which will increase the demand of eggs in the market and are expected to increase the demand for paper egg tray in the market which increase the market's growth rate. Moreover, with the expansion of people’s material standard, more and more people start living a higher quality of life. The quality of the packaging product has a direct impact on the sales.
Furthermore, increasing urbanization and growing level of disposable income will drive market value growth. The market is also fueled by the expansion of the retail sector and the rapidly changing lifestyle of consumers. Also, rising awareness about biodegradable and eco-friendly packaging products are expected to boost market's growth rate.
Restraints/ Challenges
Furthermore, mostly egg tray made of paper that are recyclable in nature and so become a very cost effective solution for the storage of eggs. All such factors increase the growth of global paper egg tray market. But on other side, due to high competition in the manufacture of plastic egg tray and the change in the cost of raw materials which is essential in manufacturing of paper egg trays, the market for paper egg trays which has suffered restriction the growth of the paper egg tray market. Moreover, the price of using paper pulp is reasonably high due to the use of wood pulp raw material which are also the major market restrains that will obstruct the market's growth rate.
This paper 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 paper 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 Paper Egg Tray Market
The outbreak of COVID-19 pandemic, imposed lockdowns in numerous countries which are shutting down airports, commercial and domestic transportation. This pandemic had impacted manufacturing activities and operations worldwide. The social distancing norms and restriction which has imposed by government due to virus outbreak also disrupted the paper egg tray industry operations and landscape globally. So now the paper egg tray manufacturing companies has concentrated on managing core tasks which challenge continues on a global scale production of the paper egg tray.
Global Paper Egg Tray Market Scope
The paper egg tray market is segmented on the basis of distribution channel and end-user. 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.
Distribution Channel
- Direct Sales
- Distributor
Application
- Liquid egg products
- Dried egg products
- Frozen egg products
Paper Egg Tray Market Regional Analysis/Insights
The paper egg tray market is analysed and market size insights and trends are provided by country, distribution channel and end-user as referenced above.
The countries covered in the paper 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 paper egg tray market in terms of revenue during the forecast period. This is due to the growing demand for paper egg tray in this region. Asia-Pacific region leads the paper egg tray market due to growing demand for the protein diet, increasing the presence of well-established international players and upsurge in product extensions in terms of innovation in technology in this region.
During the expected period, North America is likely to be the fastest developing region due to the growing demand of re-usable paper egg tray in food 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 Paper Egg Tray Market Share Analysis
The paper 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 paper egg tray market.
Some of the major players operating in the paper egg tray market are:
- DFM Packaging Solutions (South Africa)
- Dispak (U.K.)
- Ovotherm International Handels GmbH (Austria)
- Pactiv Evergreen Inc. (U.S.)
- 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 Oyz (Finalnd)
- Teo Seng Capital Berhad (Malaysia)
- CRB Ventures Private Limited (India)
- Sri Mallikarjuna Poultry Equipments. (India)
- JIN FU HUA PACKAGING INDUSTRIAL CO., LTD. (JFH) (China)
- EP Verpackungs GmbH (Austria)
- Sanovo Technology A/S (Denmark)
- Primapack SAE (Egypt)
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