NEW
YORK, June 19, 2024 /PRNewswire/ -- The
global egg tray market size is estimated to grow by
USD 3.29 billion from 2024-2028,
according to Technavio. The market is estimated to grow at a CAGR
of over 4.53% during the forecast
period. Increased production of eggs is driving
market growth, with a trend towards use of digital
printing and aesthetically appealing packaging.
However, health hazards in egg industry poses a
challenge. Key market players include Al Ghadeer Group, Brodrene
Hartmann AS, BWAY Corp., Cascades Inc., CDL SAS, D and W Fine Pack,
DFM Packaging Solutions, Dispak Ltd., Europak s.r.o., GI OVO BV,
Huhtamaki Oyj, KSP Fibre Products Pvt. Ltd., Maspack Ltd., Ovotherm
International Handels GmbH, Pacific Pulp Molding Inc., Pactiv
Evergreen Inc., Primapack, S.K. Agro Foodtech Pvt. Ltd., Tekni Plex
Inc., and Teo Seng Capital Berhad.
Get a detailed analysis on regions, market segments, customer
landscape, and companies - Click for the snapshot of this
report
Forecast
period
|
2024-2028
|
Base Year
|
2023
|
Historic
Data
|
2018 - 2022
|
Segment
Covered
|
Distribution Channel
(Offline and Online), Material (Plastic and Paper), and Geography
(APAC, North America, Europe, South America, and Middle East and
Africa)
|
Region
Covered
|
APAC, North America,
Europe, South America, and Middle East and Africa
|
Key companies
profiled
|
Al Ghadeer Group,
Brodrene Hartmann AS, BWAY Corp., Cascades Inc., CDL SAS, D and W
Fine Pack, DFM Packaging Solutions, Dispak Ltd., Europak s.r.o., GI
OVO BV, Huhtamaki Oyj, KSP Fibre Products Pvt. Ltd., Maspack Ltd.,
Ovotherm International Handels GmbH, Pacific Pulp Molding Inc.,
Pactiv Evergreen Inc., Primapack, S.K. Agro Foodtech Pvt. Ltd.,
Tekni Plex Inc., and Teo Seng Capital Berhad
|
Key Market Trends Fueling Growth
The egg tray market prioritizes marketing, tracking, and
labeling for effective inventory management and consumer
information. Digital printing, a cost-effective and customizable
solution, is essential for clear and weather-resistant prints.
Continuous inkjet printing, laser marking systems, thermal inkjet
printing, and thermal transfer overprinting are common digital
printing techniques. Aesthetic appeal is crucial, with consumers
preferring visually appealing packaging, driving revenue growth in
the industry. Innovative shapes and customized solutions enhance
the physical appeal of egg trays.
The egg tray market is experiencing significant growth due to
increasing consumer demand for convenient and hygienic egg storage
solutions. Customized packaging, such as plastic and cardboard
trays, is gaining popularity. These trays are lightweight, easy to
transport, and maintain the freshness of eggs. Additionally, the
use of biodegradable materials is a trending development in the
market. Technology plays a crucial role, with cartons featuring
perforations that allow eggs to breathe and absorb moisture.
Furthermore, the implementation of child-safe packaging is a key
consideration for manufacturers. Overall, the egg tray market is
expected to continue its upward trajectory, driven by consumer
preferences and technological advancements.
Research report provides comprehensive data on impact of trend.
For more details- Download a Sample Report
Market Challenges
- Avian influenza, or bird flu, poses a significant challenge to
the global egg tray market. This disease, which primarily affects
poultry, increases in risk during bird migration. Since 2015, over
40 million birds have been lost to bird flu, with countries like
China, Cambodia, Lao PDR, and Vietnam still experiencing outbreaks. When
bird flu strikes, culling becomes necessary to prevent virus
spread, leading to reduced egg production. This results in losses
for packaging companies due to decreased egg production. The rapid
spread of infections among chickens in confined spaces limits the
growth of the egg tray market.
- The egg tray market faces several challenges. Production costs
are a significant concern due to the need for durable and sanitary
materials. The use of plastic trays has been common, but
sustainability concerns are growing. Therefore, egg producers and
consumers are looking for alternative materials like paper or
biodegradable plastics. Another challenge is ensuring the trays can
withstand the weight and shape of eggs without crushing them.
Additionally, logistics and transportation can be complex due to
the fragile nature of eggs. Producers must find efficient and
cost-effective ways to distribute their products. Lastly, consumer
preferences for free-range or organic eggs add complexity to the
market, requiring specialized trays to meet their needs.
For more insights on driver and
challenges - Download a Sample Report
Segment Overview
This egg tray market report extensively covers market
segmentation by
- Distribution Channel
- Material
- Geography
- 3.1 APAC
- 3.2 North America
- 3.3 Europe
- 3.4 South America
- 3.5 Middle East and
Africa
1.1 Offline- The egg tray market experiences
consistent demand due to its essential role in the food industry.
Supermarkets and retailers prioritize egg trays for their freshness
preserving properties. Egg farmers rely on these trays for
efficient transportation and storage. Annual sales remain stable,
driven by the daily need for eggs in households and businesses.
For more information on market segmentation with geographical
analysis including forecast (2024-2028) and historic data (2018 -
2022) - Download a Sample Report
Research Analysis
The Egg Tray Market encompasses various packaging solutions for
poultry farms, with disposable egg trays being a popular choice.
These trays are manufactured using diverse raw materials, including
paper pulp and moulded fiber. The physical properties of these
trays, such as durability, smooth finish, and lightweight nature,
make them ideal for transportation. Moreover, egg trays are
available in various forms, such as paper egg trays and plastic
trays. Paper egg trays, made from recycled paper or cardboard,
offer excellent barrier properties against air permeability and
hygroscopic ability, ensuring the freshness and quality of
nutritious food. Moulded fiber packaging, a sustainable alternative
to plastic, is also gaining traction in the market due to health
awareness and modernization trends. Poultry businesses worldwide
are increasingly focusing on the use of these egg trays to maintain
the hygiene and safety of their products during transportation. The
market for egg trays is expected to grow significantly due to the
increasing demand for sustainable and eco-friendly packaging
solutions.
Market Research Overview
The egg tray market encompasses a wide range of products
designed to transport and store eggs safely and efficiently. These
trays come in various materials such as plastic, cardboard, and
stainless steel, catering to diverse consumer preferences and
industrial applications. The market is driven by factors like
increasing egg consumption, growing demand for convenience, and the
need for food safety and hygiene. Egg trays are used in both
residential and commercial settings, including supermarkets,
restaurants, and food processing industries. The market is expected
to grow significantly due to the rising trend of organic and
free-range eggs, which require specialized packaging to maintain
their quality. Additionally, the market is witnessing innovation in
design and functionality, with trays offering features like egg
sorting and easy stacking, making them a preferred choice for
consumers and businesses alike.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Distribution Channel
-
- Material
-
- Geography
-
- APAC
- North America
- Europe
- South America
- Middle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio