NEWARK, DE / ACCESSWIRE / August 10, 2022 / The global egg carton market is projected to reach a value of US$ 13,578 Mn by the end of 2022. Egg carton market is anticipated to reach US$ 23,259.1 Mn by 2032, with sales growing at a modest CAGR of 5.5% for the forecast period of 2022 to 2032. Packaging solutions are gaining interest from all over the world. There is also a growing demand for safe and hygienic packaging and transportation of goods, especially food products. This bodes well for the market prospects of egg cartons.
Rising popularity of poultry products is highlighting the importance of safe and secure packaging solutions. With the delicate and porous nature of egg shells, eggs require very safe packaging. Thus egg cartons made of plastic or paperboard substances are an essential packaging solution for egg production and disposal. In addition to this, the integration of advanced technology and tools such as shock and stress absorbing packaging solutions can help retain the egg quality. This results in greater demand for improved egg cartons all over the world.
Request a Sample PDF @ https://www.futuremarketinsights.com/reports/sample/rep-gb-3240
Egg cartons are dimpled foams that hold individual eggs and safeguard the egg by absorbing shock and stress occurring during transportation. The ease of carrying and transporting eggs in egg cartons propels its market growth. Furthermore, manufacturers in this market are keen on introducing innovative egg cartons for packaging and transportation.
Moreover, a lot of the egg cartons are made out of paper which is recyclable, and an economical solution for egg storage. All of these factors contribute to the expansion of the global egg carton market.
"High demand for poultry products ensures a wide range of applications of egg cartons. This is expected to boost the sales of egg cartons for the forecast period," says an FMI analyst.
Request a Sample PDF @ https://www.futuremarketinsights.com/reports/sample/rep-gb-3240
Dispak UK, DFM Packaging Solutions, MyPak Packaging, EP Europack, Sanovo Technology Group, Ovotherm International Handels GmbH, and Primapack SAE among others are some of the major players in the egg carton market that are profiled in the full version of the report.
Major manufacturers of egg cartons are interested in offering novel and innovative egg cartons made up of either sustainable plastic-free material or recycled BPA-free RPET plastic. These businesses are keen on expanding their product portfolios. Egg carton manufacturers are also employing a variety of creative ideas for egg transportation safety.
More Insights into the Egg Cartons Market Report
In its latest report, FMI offers an unbiased analysis of the global egg carton market, providing historical data from 2016 to 2021 and forecast statistics for the period 2022 to 2032. To understand the global market potential, growth, and range, the market is segmented based on material type (plastic egg cartons, polystyrene foam egg cartons, clear plastic egg cartons, paper egg cartons, recycled paper egg cartons, molded pulp egg cartons), number of eggs sorted (3 egg cartons, 6 egg cartons, 12 egg cartons, 24 egg cartons), and region.
According to the latest FMI reports, based on regional growth, the North American region is likely to exhibit significant market growth. This growth is attributed to the excellent infrastructure provided for the storage of foods and beverages, and this includes eggs. Additionally, the growing inflow of e-commerce and the subsequent need for safe, sustainable, and more robust mechanisms of handling and transporting eggs are likely to broaden the growth avenues in the US egg cartons market.
Ask Us Your Questions About This Report @ https://www.futuremarketinsights.com/ask-question/rep-gb-3240
Additionally, increased egg consumption is anticipated to drive the market growth and revenue of this region. Thus, North America is expected to expand at a 5.4% CAGR during the forecast period, accounting for about 18% of the global egg carton market in 2022.
As per the study, Asia Pacific is expected to be a positively opportunistic market. The surging disposable income coupled with shifting lifestyle trends is anticipated to propel further growth in the regional egg cartons market during the forecast period. Owing to the rising presence of well-established global market players, along with the entry of local merchants such as Eggs Posture and MyPak Packaging, Asia Pacific is setting out to be the largest market of egg cartons in the world.
The market in Europe is set to experience explosive growth due to the advancing food and beverage industry. Other factors such as consumer acceptance of convenience in transporting eggs along with eggs being a crucial part of the regional diet are also supplementing the growth.
Moreover, a rise in health consciousness among people in Western European countries has also increased the demand for egg cartons. The East European region has seen increased influence from the Western region, and the egg carton market in the Eastern Europe region is also growing due to the high nutritional composition and wide usage of eggs in food processing, cosmetics, and personal care enterprises. Thus, the egg carton market in Europe is predicted to hold 25% of the market in 2022.
Get Customization on this Report for Specific Country @ https://www.futuremarketinsights.com/customization-available/rep-gb-3240
Key Segments Covered in the Egg Carton Industry Survey
Egg Carton Market by Material Used:
Egg Carton Market by Number of Eggs Stored:
Egg Carton Market by Region:
To Buy this Report Visit @ https://www.futuremarketinsights.com/checkout/3240
Explore wide-ranging Coverage of FMI's Packaging Market Insights Landscape
Pallet Banding Machine Market - Pallet Banding Machine Market by Machine Type, Banding Type, Speed, End Use & Region - Forecast to 2022 - 2032
Paper Bottles Market - Paper Bottles Market by Capacity, Primary Usage, End Use & Regional Forecast till 2032
Presswood Pallets Market - The presswood pallets market is anticipated to register 5.8% CAGR from 2022 to 2032 and reach a valuation of US$ 5.4 Bn by 2032
Stretch Films Packs Market - The global stretch film packs market is projected to secure a bearish CAGR of 3.3% during the forecast period, and attain a value of US$ 21,123.5 Mn by 2032
Strip Pack Market - Strip Pack Market by Type, End User & Region - Forecast 2022 - 2032
About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of the Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favour the market growth in various segments based on Source, Application, Sales Channel and End-Use over the next 10 years.
Christiana Corporate 200 Continental Drive Suite 401, Newark Delaware - 19713, USA T: +1-845-579-5705
For Sales Enquiries: [email protected]
Browse All Reports: https://www.futuremarketinsights.com/reports
SOURCE: Future Market Insights, Inc.