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Egg Tray Market size to grow by USD 2,923.83 million from 2022 to 2027, Increased production of eggs to drive the market

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NEW YORK, May 13, 2023 /PRNewswire/ — The global egg tray market size is estimated to grow by USD 2,923.83 million from 2022 to 2027, according to Technavio. The market is estimated to grow at a CAGR of 4.2% during the forecast period. APAC is estimated to account for 60% of the global market growth. The region dominates the market owing to the increasing presence of well-established multinational players along with the presence of local vendors, a rise in product extensions in terms of innovation in technology and production, and rising demand for the protein diet. This creates a positive impact on the consumption of eggs which in turn increases the demand for egg trays in this region during the forecast period. Moreover, APAC accounts for more than 60% of the world population that is between the age of 15-24 years, who consume protein-rich eggs as a major part of their daily diet. Hence, such factors drive the regional market growth during the forecast period. For more insights on the historic period (2017 to 2021) and forecast market size (2023 to 2027) – Request a sample report

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  • Special coverage on the RussiaUkraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession 
  • Global competitiveness and key competitor positions 
  • Market presence across multiple geographical footprints – Strong/Active/Niche/Trivial  – buy the report!

Egg Tray Market – Segmentation Assessment
Segment Overview
This report extensively covers market segmentation by distribution channel (offline and online), material (plastic and paper), and geography (APAC, North America, Europe, South America, and Middle East and Africa).

  • The market share growth by the offline segment will be significant for overall market growth during the forecast period. This channel comprises specialty stores; hypermarkets, supermarkets, convenience stores, clubhouse stores; and department stores. Moreover, an increase in the number of stores and business expansions by vendors has fueled the demand for egg trays during the forecast period. Consumers can choose from a wide range of products in retail stores based on parameters such as price and quality and the stores are convenient for individuals who prefer the traditional way of shopping. Additionally, vendors focus on the online-to-offline (O2O) business strategy to enhance sales through offline distribution channels while promoting their digital experience. Hence, such strategies will help vendors increase their market share and expand their consumer base during the forecast period, which is expected to drive the offline segment during the forecast period.

Insights on the market contribution of various segments including country and region
wise, historic (2017 to 2021), and forecast market size (2023 to 2027) – Download a
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Egg Tray Market – Market Dynamics
Key factor driving market growth

  • The increased production of eggs is a major driving factor for the market growth. 
  • The primary factors boosting the global demand for egg trays include the high consumption of eggs, increasing population, increasing purchasing power, and wider acceptance of eggs.
  • It is also observed that with rising income, the demand for a greater variety of food also increases, which leads to increased demand for a higher value and good-quality food such as meat, eggs, and milk when compared with food of plant origin.
  • Hence, the growing demand for eggs is expected to drive the growth of the market during the forecast period.

Leading trends influencing the market 

  • Rising awareness among consumers is an emerging trend in the egg tray market. 
  • Consumers, especially in developed countries, are more careful about the selection of their food items and in the case of eggs, consumers look for factors like nutritional content, type of egg, country of origin, and raw material used in packaging.
  • Owing to increasing environmental awareness, consumers demand environment-friendly packaging materials.
  • This concern is not limited to egg quality and packaging material but extends to how the animals are treated during egg production and how the farmers are compensated.
  • Thus, factors like these fuel the growth of the market in focus during the forecast period.

Major challenges hindering the market growth

  • Health hazards in the egg industry are major challenges for the egg tray market growth. 
  • Certain diseases including avian influenza (chicken flu) can impact egg production. Bird flu, also known as avian influenza, refers to influenza that affects birds, especially poultry.
  • Since birds migrate from place to place around the globe, the risk of bird flu increases.
  • And ever since 2015, more than 40 million birds have succumbed to bird flu.
  • Furthermore, the spread of infections results in losses for packaging companies due to less production of eggs.
  • Hence, such factors are expected to limit the growth of the market in focus during the forecast period.

Insights on Market Drivers, trends, & Challenges, historic period(2017 to 2021), and
forecast period(2023 to 2027)- Request a sample report!

What are the key data covered in this Egg Tray Market report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the egg tray market between 2023 and 2027
  • Precise estimation of the size of the egg tray market and its contribution to the market with a focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the egg tray market across APAC, North America, Europe, South America, and Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of the egg tray market vendors

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Related Reports:

The plastic-based egg packaging market size has the potential to grow by USD 772.76 million during 2020-2024, and the market’s growth momentum will accelerate during the forecast period. This report provides a detailed analysis of the market by product (tray and carton) and geography (APAC, Europe, MEA, North America, and South America).  

The egg protein market size is expected to increase to USD 7.95 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 5.05%. Furthermore, this report extensively covers egg protein market segmentation by type (whole egg protein, egg yolk protein, and egg white protein) and geography (North America, APAC, Europe, South America, and Middle East and Africa). The health benefits of egg protein is notably driving the egg protein market growth.

Egg Tray Market Scope

Report Coverage

Details

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 4.2%

Market growth 2023-2027

USD 2,923.83 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

3.95

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 60%

Key countries

US, Mexico, China, India, and Brazil, Canada, Mexico, Italy,Spain, India, Japan, Australia, and South Korea

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

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

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Browse for Technavio’s Materials Market Reports    

Table of Contents: 

1 Executive Summary

  • 1.1 Market overview 
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Material
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem 
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition 
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 13: Market segments
  • 3.4 Market outlook: Forecast for 2022-2027
    • Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ million)
    • Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ million)
    • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
    • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

  • 4.1 Global egg tray market 2017 – 2021 
    • Exhibit 18: Historic Market Size – Data Table on Global egg tray market 2017 – 2021 ($ million)
  • 4.2 Distribution Channel Segment Analysis 2017 – 2021
    • Exhibit 19: Historic Market Size – Distribution Channel Segment 2017 – 2021 ($ million)
  • 4.3 Material Segment Analysis 2017 – 2021
    • Exhibit 20: Historic Market Size – Material Segment 2017 – 2021 ($ million)
  • 4.4 Geography Segment Analysis 2017 – 2021
    • Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ million)
  • 4.5 Country Segment Analysis 2017 – 2021
    • Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ million)

5 Five Forces Analysis

  • 5.1 Five forces summary 
    • Exhibit 23: Five forces analysis – Comparison between 2022 and 2027
  • 5.2 Bargaining power of buyers 
    • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
  • 5.3 Bargaining power of suppliers 
    • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
  • 5.4 Threat of new entrants 
    • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
  • 5.5 Threat of substitutes 
    • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
  • 5.6 Threat of rivalry 
    • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
  • 5.7 Market condition 
    • Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by Distribution Channel

  • 6.1 Market segments 
    • Exhibit 30: Chart on Distribution Channel – Market share 2022-2027 (%)
    • Exhibit 31: Data Table on Distribution Channel – Market share 2022-2027 (%)
  • 6.2 Comparison by Distribution Channel 
    • Exhibit 32: Chart on Comparison by Distribution Channel
    • Exhibit 33: Data Table on Comparison by Distribution Channel
  • 6.3 Offline – Market size and forecast 2022-2027
    • Exhibit 34: Chart on Offline – Market size and forecast 2022-2027 ($ million)
    • Exhibit 35: Data Table on Offline – Market size and forecast 2022-2027 ($ million)
    • Exhibit 36: Chart on Offline – Year-over-year growth 2022-2027 (%)
    • Exhibit 37: Data Table on Offline – Year-over-year growth 2022-2027 (%)
  • 6.4 Online – Market size and forecast 2022-2027
    • Exhibit 38: Chart on Online – Market size and forecast 2022-2027 ($ million)
    • Exhibit 39: Data Table on Online – Market size and forecast 2022-2027 ($ million)
    • Exhibit 40: Chart on Online – Year-over-year growth 2022-2027 (%)
    • Exhibit 41: Data Table on Online – Year-over-year growth 2022-2027 (%)
  • 6.5 Market opportunity by Distribution Channel
    • Exhibit 42: Market opportunity by Distribution Channel ($ million)

7 Market Segmentation by Material

  • 7.1 Market segments 
    • Exhibit 43: Chart on Material – Market share 2022-2027 (%)
    • Exhibit 44: Data Table on Material – Market share 2022-2027 (%)
  • 7.2 Comparison by Material 
    • Exhibit 45: Chart on Comparison by Material
    • Exhibit 46: Data Table on Comparison by Material
  • 7.3 Plastic – Market size and forecast 2022-2027
    • Exhibit 47: Chart on Plastic – Market size and forecast 2022-2027 ($ million)
    • Exhibit 48: Data Table on Plastic – Market size and forecast 2022-2027 ($ million)
    • Exhibit 49: Chart on Plastic – Year-over-year growth 2022-2027 (%)
    • Exhibit 50: Data Table on Plastic – Year-over-year growth 2022-2027 (%)
  • 7.4 Paper – Market size and forecast 2022-2027
    • Exhibit 51: Chart on Paper – Market size and forecast 2022-2027 ($ million)
    • Exhibit 52: Data Table on Paper – Market size and forecast 2022-2027 ($ million)
    • Exhibit 53: Chart on Paper – Year-over-year growth 2022-2027 (%)
    • Exhibit 54: Data Table on Paper – Year-over-year growth 2022-2027 (%)
  • 7.5 Market opportunity by Material 
    • Exhibit 55: Market opportunity by Material ($ million)

8 Customer Landscape

  • 8.1 Customer landscape overview 
    • Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

  • 9.1 Geographic segmentation 
    • Exhibit 57: Chart on Market share by geography 2022-2027 (%)
    • Exhibit 58: Data Table on Market share by geography 2022-2027 (%)
  • 9.2 Geographic comparison 
    • Exhibit 59: Chart on Geographic comparison
    • Exhibit 60: Data Table on Geographic comparison
  • 9.3 APAC – Market size and forecast 2022-2027
    • Exhibit 61: Chart on APAC – Market size and forecast 2022-2027 ($ million)
    • Exhibit 62: Data Table on APAC – Market size and forecast 2022-2027 ($ million)
    • Exhibit 63: Chart on APAC – Year-over-year growth 2022-2027 (%)
    • Exhibit 64: Data Table on APAC – Year-over-year growth 2022-2027 (%)
  • 9.4 North America – Market size and forecast 2022-2027
    • Exhibit 65: Chart on North America – Market size and forecast 2022-2027 ($ million)
    • Exhibit 66: Data Table on North America – Market size and forecast 2022-2027 ($ million)
    • Exhibit 67: Chart on North America – Year-over-year growth 2022-2027 (%)
    • Exhibit 68: Data Table on North America – Year-over-year growth 2022-2027 (%)
  • 9.5 Europe – Market size and forecast 2022-2027
    • Exhibit 69: Chart on Europe – Market size and forecast 2022-2027 ($ million)
    • Exhibit 70: Data Table on Europe – Market size and forecast 2022-2027 ($ million)
    • Exhibit 71: Chart on Europe – Year-over-year growth 2022-2027 (%)
    • Exhibit 72: Data Table on Europe – Year-over-year growth 2022-2027 (%)
  • 9.6 South America – Market size and forecast 2022-2027
    • Exhibit 73: Chart on South America – Market size and forecast 2022-2027 ($ million)
    • Exhibit 74: Data Table on South America – Market size and forecast 2022-2027 ($ million)
    • Exhibit 75: Chart on South America – Year-over-year growth 2022-2027 (%)
    • Exhibit 76: Data Table on South America – Year-over-year growth 2022-2027 (%)
  • 9.7 Middle East and Africa – Market size and forecast 2022-2027 
    • Exhibit 77: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
    • Exhibit 78: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
    • Exhibit 79: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
    • Exhibit 80: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)
  • 9.8 China – Market size and forecast 2022-2027
    • Exhibit 81: Chart on China – Market size and forecast 2022-2027 ($ million)
    • Exhibit 82: Data Table on China – Market size and forecast 2022-2027 ($ million)
    • Exhibit 83: Chart on China – Year-over-year growth 2022-2027 (%)
    • Exhibit 84: Data Table on China – Year-over-year growth 2022-2027 (%)
  • 9.9 US – Market size and forecast 2022-2027
    • Exhibit 85: Chart on US – Market size and forecast 2022-2027 ($ million)
    • Exhibit 86: Data Table on US – Market size and forecast 2022-2027 ($ million)
    • Exhibit 87: Chart on US – Year-over-year growth 2022-2027 (%)
    • Exhibit 88: Data Table on US – Year-over-year growth 2022-2027 (%)
  • 9.10 India – Market size and forecast 2022-2027
    • Exhibit 89: Chart on India – Market size and forecast 2022-2027 ($ million)
    • Exhibit 90: Data Table on India – Market size and forecast 2022-2027 ($ million)
    • Exhibit 91: Chart on India – Year-over-year growth 2022-2027 (%)
    • Exhibit 92: Data Table on India – Year-over-year growth 2022-2027 (%)
  • 9.11 Mexico – Market size and forecast 2022-2027
    • Exhibit 93: Chart on Mexico – Market size and forecast 2022-2027 ($ million)
    • Exhibit 94: Data Table on Mexico – Market size and forecast 2022-2027 ($ million)
    • Exhibit 95: Chart on Mexico – Year-over-year growth 2022-2027 (%)
    • Exhibit 96: Data Table on Mexico – Year-over-year growth 2022-2027 (%)
  • 9.12 Brazil – Market size and forecast 2022-2027
    • Exhibit 97: Chart on Brazil – Market size and forecast 2022-2027 ($ million)
    • Exhibit 98: Data Table on Brazil – Market size and forecast 2022-2027 ($ million)
    • Exhibit 99: Chart on Brazil – Year-over-year growth 2022-2027 (%)
    • Exhibit 100: Data Table on Brazil – Year-over-year growth 2022-2027 (%)
  • 9.13 Market opportunity by geography 
    • Exhibit 101: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

  • 10.3 Impact of drivers and challenges 
    • Exhibit 102: Impact of drivers and challenges in 2022 and 2027

11 Vendor Landscape

  • 11.2 Vendor landscape 
    • Exhibit 103: Overview on Criticality of inputs and Factors of differentiation
  • 11.3 Landscape disruption 
    • Exhibit 104: Overview on factors of disruption
  • 11.4 Industry risks 
    • Exhibit 105: Impact of key risks on business

12 Vendor Analysis

  • 12.1 Vendors covered 
    • Exhibit 106: Vendors covered
  • 12.2 Market positioning of vendors 
    • Exhibit 107: Matrix on vendor position and classification
  • 12.3 Al Ghadeer Group 
    • Exhibit 108: Al Ghadeer Group – Overview
    • Exhibit 109: Al Ghadeer Group – Product / Service
    • Exhibit 110: Al Ghadeer Group – Key offerings
  • 12.4 Brodrene Hartmann AS 
    • Exhibit 111: Brodrene Hartmann AS – Overview
    • Exhibit 112: Brodrene Hartmann AS – Business segments
    • Exhibit 113: Brodrene Hartmann AS – Key offerings
    • Exhibit 114: Brodrene Hartmann AS – Segment focus
  • 12.5 BWAY Corp. 
    • Exhibit 115: BWAY Corp. – Overview
    • Exhibit 116: BWAY Corp. – Product / Service
    • Exhibit 117: BWAY Corp. – Key offerings
  • 12.6 Cascades Inc. 
    • Exhibit 118: Cascades Inc. – Overview
    • Exhibit 119: Cascades Inc. – Business segments
    • Exhibit 120: Cascades Inc. – Key offerings
    • Exhibit 121: Cascades Inc. – Segment focus
  • 12.7 CDL SAS 
    • Exhibit 122: CDL SAS – Overview
    • Exhibit 123: CDL SAS – Product / Service
    • Exhibit 124: CDL SAS – Key offerings
  • 12.8 D and W Fine Pack 
    • Exhibit 125: D and W Fine Pack – Overview
    • Exhibit 126: D and W Fine Pack – Product / Service
    • Exhibit 127: D and W Fine Pack – Key offerings
  • 12.9 DFM Packaging Solutions 
    • Exhibit 128: DFM Packaging Solutions – Overview
    • Exhibit 129: DFM Packaging Solutions – Product / Service
    • Exhibit 130: DFM Packaging Solutions – Key offerings
  • 12.10 GI OVO BV 
    • Exhibit 131: GI OVO BV – Overview
    • Exhibit 132: GI OVO BV – Product / Service
    • Exhibit 133: GI OVO BV – Key offerings
  • 12.11 Huhtamaki Oyj 
    • Exhibit 134: Huhtamaki Oyj – Overview
    • Exhibit 135: Huhtamaki Oyj – Business segments
    • Exhibit 136: Huhtamaki Oyj – Key news
    • Exhibit 137: Huhtamaki Oyj – Key offerings
    • Exhibit 138: Huhtamaki Oyj – Segment focus
  • 12.12 Ovotherm International Handels GmbH
    • Exhibit 139: Ovotherm International Handels GmbH – Overview
    • Exhibit 140: Ovotherm International Handels GmbH – Product / Service
    • Exhibit 141: Ovotherm International Handels GmbH – Key offerings
  • 12.13 Pacific Pulp Molding Inc. 
    • Exhibit 142: Pacific Pulp Molding Inc. – Overview
    • Exhibit 143: Pacific Pulp Molding Inc. – Product / Service
    • Exhibit 144: Pacific Pulp Molding Inc. – Key offerings
  • 12.14 Pactiv Evergreen Inc 
    • Exhibit 145: Pactiv Evergreen Inc – Overview
    • Exhibit 146: Pactiv Evergreen Inc – Product / Service
    • Exhibit 147: Pactiv Evergreen Inc – Key offerings
  • 12.15 Primapack 
    • Exhibit 148: Primapack – Overview
    • Exhibit 149: Primapack – Product / Service
    • Exhibit 150: Primapack – Key offerings
  • 12.16 Tekni Plex Inc. 
    • Exhibit 151: Tekni Plex Inc. – Overview
    • Exhibit 152: Tekni Plex Inc. – Product / Service
    • Exhibit 153: Tekni Plex Inc. – Key offerings
  • 12.17 Teo Seng Capital Berhad 
    • Exhibit 154: Teo Seng Capital Berhad – Overview
    • Exhibit 155: Teo Seng Capital Berhad – Business segments
    • Exhibit 156: Teo Seng Capital Berhad – Key offerings
    • Exhibit 157: Teo Seng Capital Berhad – Segment focus

13 Appendix

  • 13.1 Scope of the report 
  • 13.2 Inclusions and exclusions checklist
    • Exhibit 158: Inclusions checklist
    • Exhibit 159: Exclusions checklist
  • 13.3 Currency conversion rates for US$ 
    • Exhibit 160: Currency conversion rates for US$
  • 13.4 Research methodology 
    • Exhibit 161: Research methodology
    • Exhibit 162: Validation techniques employed for market sizing
    • Exhibit 163: Information sources
  • 13.5 List of abbreviations 
    • Exhibit 164: List of abbreviations

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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.

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