SEATTLE, March 29, 2022 /PRNewswire/ — According to Consistent market informationThe Global egg packaging market was rated at US$4,923.8 million in 2020 and should present a CAGR of 5.7% during the forecast period (2021-2028).

Key Global Egg Packaging Market Trends and Analysis:

Rising egg production and consumer demand for easy transportation and highly cost-effective customized packaging is expected to drive the egg packaging market growth. Optimum egg protection that prevents egg breakage throughout the supply chain, from storage to distribution and transportation. Molded egg packages preserve egg quality by preventing moisture loss and rotting. Plus, the molded wrap is ergonomic and tactile, making it ideal for eggs.

Lately, environmental solutions are all the rage. The paper egg carton is an economical way to store eggs, which is also recyclable. Paper and cardboard egg cartons are compostable. Responsible recycling of waste paper and packaging reduces waste and landfills. It reduces waste from breakage, spoilage and contamination while extending product shelf life. The egg packaging market is growing due to factors such as cost effectiveness, light weight, and easy handling of eggs in recyclable packaging such as paper, cardboard, and cartons.

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Main market takeaways

The Global egg packaging market is expected to grow at a CAGR of 5.7% over the forecast period (2021-2028). . The market is driven by the significant growth of the food industry. Due to the rapid growth of restaurants, hotels, cafes and bakeries and the subsequent increase in these sectors, experimentation with various egg dishes has led to an increasing demand for efficient storage and storage solutions. packaging of eggs.

Key players operating in the global egg packaging market include Hartmann, Tekni-Plex, MyPak Packaging, Dispak, Celluloses De La Loire (CDL), DFM Packaging Solutions, Ovotherm, Pactiv, Huhtamaki and DAVA Foods.

Major players are opting for strategies such as mergers, acquisitions, and capacity expansion, owing to the growing demand for egg packaging. For example, in January 2020a DenmarkHartmann, a New York-based packaging company, announced its expansion into India with the acquisition of Mohan Fiber (Mohan Fiber is a leading supplier of molded fiber packaging to the fruit, poultry and catering industry). The acquisition was made for $18.08 million. This acquisition helps Hartmann increase its production of egg and fruit packaging globally.

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Detailed segmentation:

Global Egg Packaging Market, By Material Type:

• Paper
• Cardboard
• recycled
• molded cup
• Others
• Plastic
• Polyethylene
• Terephthalate
• Polystyrene
• Others
• Others

Global egg packaging market, by type of packaging:

• egg cartons
• egg trays
• Others

Global egg packaging market, by region:

• North America
• Europe
• By country:
• UK
• Germany
• Italy
• France
• Spain
• Russia
• Rest of Europe
• Asia Pacific
• By country:
• China
• India
• Japan
• ASEAN
• Australia
• South Korea
• Rest of Asia Pacific
• Latin America
• By country:
• Brazil
• Mexico
• Argentina
• Rest of Latin America
• Middle East & Africa
• By country:
• GCC countries
• Israel
• South Africa
• Rest of Middle East & Africa

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