Reusable Egg Containers Market Overview
The global reusable egg containers market is expected to increase at a growth rate of around 5.5% to 6.0% during the forecast period
The reusable egg containers market, polystyrene segment, and polyethylene segment revenue witnessed a noteworthy share in 2021, according to the Annual Market Analysis conducted by Future Market Insights
Reusable Egg Containers Market: An Overview
Egg containers are similar to egg cartons, egg trays which has a dimpled shape structure that is used for storing and transporting eggs. The containers are usually made up of paperboard, moulded pulp, and plastic. Although plastic stands as the dominant material used as reusable egg container as containers made up of paper should be disposed of after a certain period.
Reusable egg containers have a high demand in the market due to the increase in consumption of poultry products. This increase in demand has automatically increased the demand of safe and secure packaging as eggshell is very fragile.
Reusable egg containers made up of plastic are resistant to any shock, and it absorbs any external stress during transportation. The reusable egg containers are anticipated to have high growth in the market in the forecasted timeline.
What Drives the Growth of the Reusable Egg Containers Market?
Reusable egg containers made up of plastic offers various benefits to the manufacturers and retailers who supply the poultry products such as eggs of different animals. Plastic offers printing benefits that help the retailers and consumers gain information regarding the product packed.
The packaging can also be used for secondary purposes in the household after the primary use of storing eggs, making the egg containers extremely useful. These attributes contribute to gaining traction in the reusable egg containers market due to their effectiveness in storing eggs without any damage, reusable nature and cost-effectiveness.
Growing demand in the bakery and confectionary industry has also increased the consumption of eggs in the cakes and pastries as eggs act as an added advantage anticipating a significant growth of the reusable egg containers market in the forecasted period.
Usage of eggs by the consumers who put extra efforts into fitness tend to consume more than three to four eggs per day resulting in increasing the demand for eggs every day. This results in consumers preferring reusable egg containers as they would be helpful for everyday use rather than a disposable egg container.
What Restraints the Growth of the Reusable Egg Containers Market?
Plastic manufacturers across the world are facing tough competition due to the other manufacturers and also the green packaging manufacturers which are trending currently due to consumer needs and environmental concerns.
The dynamic change in the cost of raw material has suffered a negative impact due to the stringent government laws and regulations in different countries. These attributes act as a restraint hampering the growth of reusable egg containers.
Key Global Players of the Reusable Egg Containers Market are:
- Sanovo Technology Group
- EP Europack
- DFM Packaging Solutions
- Ovotherm International Handels GmbH
- Dispak UK
- MyPak Packaging
- Primapack SAE
- Eco Packaging International Company
Key players in the Asia Pacific region of the Reusable Egg Containers Market are:
- Green Pulp Paper Industry Sdn.Bhd
- Sri Mallikarjuna Poultry Equipments.
- Sathish Agro Tech
- Rulyda Plastic Manufacturer
- SM Pulp Packaging
- K.U. Sodalamuthu and Company Private Limited
- Hightop Egg Tray Manufacturer
How is Asia Pacific Region Showcasing a Blistering Growth in the Global Reusable Egg Containers?
Asia Pacific region comprises more than 50% of the population of the world population and this accounts for the significant growth of the reusable egg containers market. Consumers in this region consume egg as a part of their daily diet and the easy availability of the raw material in the manufacturing of the reusable egg containers act as a driver.
This attribute of the people being highly health-conscious is acting as a fuel in the significant demand of the poultry industry thereby increasing the growth rate of the reusable egg containers market.
How Has Covid-19 Impacted The Growth Of The Reusable Egg Containers Market?
The impact of Covid 19 on the poultry industry has been deeply affected because of the restrictions implied in the transportation and disturbance in the supply chain. This has negatively impacted the poultry players declining the growth rate of the market. Although when the restrictions slowly started to ease for the essential items, it became a good opportunity for the poultry players to revive their business.
People started to get health-conscious, as eggs provide major protein amount at a very low cost, the demand for egg anticipated to increase more than ever resulting in boosting the growth rate of the reusable egg containers market.
Key Segments of Reusable Egg Containers Market Covered in the Report
Based on the Material:
- Polystyrene (PS)
- Polyethylene (PE)
- Polypropylene (PP)
Based on the Number of Eggs Stored:
- 3 egg carton
- 6 egg carton
- 12 egg carton
- 24 egg carton
Based on the Alignment:
- Horizontal egg carton
- Vertical egg carton
Based on End-user:
Based on Region:
- North America
- Latin America
- Asia Pacific