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Based on material type, the egg packaging market is segmented as molded pulp, plastic, paperboard, expanded polystyrene (eps), biodegradable or compostable, others. Molded pulp held a majority market value of USD 1.86 billion in 2022. Molded pulp packaging is made from recycled paper or other plant-based fibers, making it a popular choice for consumers seeking eco-friendly and biodegradable packaging options. Some regions encourage the use of sustainable packaging materials like molded pulp to reduce environmental impact and promote circular economy practices. Moreover, an increasing usage will further accelerate the segmental growth.
Based on egg type, the egg packaging market is segmented as chicken eggs, duck eggs, quail eggs, other poultry eggs. Chicken eggs held a dominant market share of around 40% in 2022 and is expected to grow at a lucrative pace through 2032. Chicken eggs are the most widely consumed type, and packaging that is cost-effective and efficiently protects the eggs during transportation and handling is essential for producers and retailers. Producers and retailers may seek custom-designed cartons or trays for conventional eggs to differentiate their brand and meet specific market preferences. Thus, the aforementioned factors are projected to expedite the overall market growth in the coming years.
Based on packaging type, the egg packaging market is segmented as cartons, trays, boxes, sleeves, clamshells, pouches, others. Cartons held a dominant market share in 2022 and is anticipated to grow at 5.2% CAGR through 2032. Egg cartons are designed to protect eggs from breakage during transportation and handling, ensuring product safety and quality. Cartons provide a standardized packaging format that makes it easy for consumers to count and purchase eggs in fixed quantities (e.g., half-dozen or dozen). Thus, the high-quality services and growing number of Egg packaging at places are anticipated to expedite the business growth.
Based on application, the egg packaging market is segmented as retail packaging, institutional packaging, commercial packaging. Retail Packaging held the dominant market in 2022 and is anticipated to grow through the years. Egg packaging for retail sales must be easy to handle, stackable, and visually appealing to attract consumers and enhance shelf visibility. Packaging should protect eggs from breakage and contamination during transportation and display in retail stores.
U.S. dominated the North American region with majority market share and a revenue of USD 1.4 billion in 2022 and is anticipated to expand at a significant pace from 2023-2032. North America has a significant demand for eggs due to their popularity as a versatile and nutritious food item. The rising population and changing dietary preferences contribute to the increasing consumption of eggs, driving the demand for egg packaging. Consumers in North America seek egg packaging that offers convenience, ease of use, and ensures the safety and freshness of eggs. Thus, the above-mentioned variables would augment the Egg packaging business growth in the North America positively.