Egg Packaging Market to Grow at a CAGR of 4.3% to reach US$ 5,932.01 million from 2020 to 2027
The egg packaging market was valued at US$ 4,243.42 million in 2019 and is projected to reach US$ 5,932.01 million by 2027; it is expected to grow at a CAGR of 4.3% from 2020 to 2027.
Egg packaging refers to a packaging material specifically designed for safe storage and transportation of eggs. The delicate and porous nature of egg shells demands for tough and secure packaging solution. Cartons, trays, baskets, and containers are a few of the most commonly used egg-packaging solutions. They are manufactured by using paperboard, recycled paper, polyethylene terephthalate, or polystyrene. These materials provide convenience and also help in absorbing the stress or shock exerted during handling or transporting the eggs. Nonetheless, the egg packaging preserves the eggs from bacteria, tainting, natural predators, and loss of moisture. All these benefits have increased demand for egg packaging.
In 2019, Europe held significant share in the egg packaging market. However, Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth of egg packaging market in Europe is primarily attributed to the growing consumption of eggs and rising demand from foodservice and food processing industry.
The COVID-19 outbreak was first reported in Wuhan (China) during December 2019. As of February 2021, the US, Brazil, India, Russia, Spain, and the UK are among the worst affected countries in terms confirmed cases and reported deaths. The outbreak is adversely affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The food and beverage is one of the world’s major industries suffering serious disruptions such as supply chain breaks, technology events cancellations, and office shutdowns. For instance, China is the global manufacturing hub and largest raw material supplier for various industries and it is among one of the worst affected countries. The lockdown of various plants and factories in China have restricted the global supply chains and disrupted the manufacturing activities, delivery schedules, and various products sales. Various companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition, the global travel bans imposed by countries in Europe, Asia, and North America are hindering the business collaborations and partnerships opportunities. All these factors are hampering the food and beverage industry and thus acting as restraining factors for the growth of various markets related to this industry.
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Egg Packaging Market: Strategic Insights
Market Size Value in US$ 4,243.42 Million in 2019 Market Size Value by US$ 5,932.01 Million by 2027 Growth rate CAGR of 4.3% from 2020-2027 Forecast Period 2020-2027 Base Year 2020
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Egg Packaging Market: Strategic Insights
| Market Size Value in | US$ 4,243.42 Million in 2019 |
| Market Size Value by | US$ 5,932.01 Million by 2027 |
| Growth rate | CAGR of 4.3% from 2020-2027 |
| Forecast Period | 2020-2027 |
| Base Year | 2020 |
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Market Insights
Increasing Preference for Convenience in Transporting Eggs
Egg packaging is an essential part of providing quality eggs to consumers. It preserves the eggs from bacteria, tainting, natural predators, and loss of moisture. Also, possible crushing during handling, storage, or transportation of the eggs is protected by the egg packaging. Numerous eggs are broken during transportation as compared to any other step during processing and distribution. Hence, the economic damage causes due to broken eggs as the occurrence of cracks increases the risk for bacterial contamination of the broken eggs, which reduces the quality and causes food safety issues. Therefore, egg packaging in the form of trays, cardboard boxes, or cartons is majorly used for packaging the eggs. The cartons can give the most excellent mechanical protection for the eggs. The cartons have a dimpled form and the structure helps in protecting the eggs against stresses and shocks exerted during storage and transportation thereby, curbing the possible damage or crushing of the eggshells. Hence, the manufacturers are introducing egg boxes of multiple shapes and sizes to provide convenience for storage and transportation of the eggs. Thus, the rising preference for egg packaging products in the form of trays, cardboard boxes, or cartons for transporting eggs is driving the egg packaging market growth.
Material Type Insights
Based on material type, the egg packaging market is segmented into paper, plastic, and others. The paper segment led the market with the highest market share in 2019. Paper-based packaging protects goods and reduces waste as well as it is recyclable. Recycling waste paper and packaging responsibly reduces litter and landfill. It prevents waste through breakage, spoilage, and contamination, and extends shelf life of product. Paper-based packaging is a versatile and cost-efficient method to transport, protect, and preserve a wide array of items. It is engineered to be sturdy, yet lightweight, and is customizable to meet product- or customer-specific needs. Paper-based packaging is made from paper pulp. Its design has not changed much since then. It was replaced for a while with PET packaging but the public preferred the natural look and feel of the paper pulp carton. Paper egg cartons are biodegradable and accepted by almost all local recycling agencies. All these factors are driving the growth of the egg packaging market for paper segment.
A few key market players are Sonoco Products Company; Placon; Mauser Corporate GMBH; JIN FU HUA PACKAGING INDUSTRIAL CO., LTD.(JFH); Huhtamaki Oyj; CKF Inc.; Cascades Inc; Brodrene Hartmann AS; Reynolds Group Holdings Limited.; and Cellulose de la Loire. Major players operating in the egg packaging market are focused on strategies such as mergers and acquisitions, and product launches to increase their geographical presence and consumer base globally.
Egg Packaging Market Report Scope
Report Spotlights
- Progressive industry trends in the global egg packaging market to help players develop effective long-term strategies
- Business growth strategies adopted by developed and developing markets
- Quantitative analysis of the global egg packaging market from 2017 to 2027
- Estimation of the demand for egg packaging across various industries
- PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict market growth
- Recent developments to understand the competitive market scenario and the demand for egg packaging
- Market trends and outlook coupled with factors driving and restraining the growth of the egg packaging market
- Decision-making process by understanding strategies that underpin commercial interest with regard to the global egg packaging market growth
- Egg packaging market size at various nodes of market
- Detailed overview and segmentation of the global egg packaging market as well as its dynamics in the industry
- Egg packaging market size in various regions with promising growth opportunities
Egg Packaging Market, by Material Type
- Paper
- Paperboard
- Recycled Paper
- Others
- Plastic
- Polyethylene Terephthalate
- Polystyrene
- Others
- Others
Egg Packaging Market, by Packaging Type
- Cartons
- Containers
- Trays
- Others
Company Profiles
- Sonoco Products Company
- Placon
- Mauser Corporate GMBH
- JIN FU HUA PACKAGING INDUSTRIAL CO.,LTD.(JFH)
- Huhtamaki Oyj
- CKF Inc.
- Cascades Inc
- Brodrene Hartmann AS
- Reynolds Group Holdings Limited.
- Cellulose de la Loire
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Material Type and Packaging Type
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Asia-Pacific, Canada, France, Germany, Italy, Mexico, Middle East and Africa, Russian Federation, South and Central America, United Kingdom, United States
Frequently Asked Questions
Paper-based packaging protects goods, reduces waste and is recyclable. Packaging reduces waste. Recycling waste paper and packaging responsibly reduces litter and landfill. It prevents waste through breakage, spoilage and contamination, and extends product shelf life. Paper-based packaging is a versatile and cost-efficient method to transport, protect and preserve a wide array of items. It is engineered to be sturdy, yet lightweight, and is customizable to meet product- or customer-specific needs. It is made from paper pulp Its design has not changed much since then. It was replaced for a while with PET packaging but the public preferred the natural look and feel of the paper pulp carton. Paper egg cartons are biodegradable and accepted by almost all local recycling agencies. This further propels the growth of the paper segment in the global egg packaging market.
The major players operating in the global egg packaging market are Sonoco Products Company., Placon, MAUSER Group, Jin Fu Hua Packaging Industrial Co.,Ltd, Huhtamaki Oyj, CKF Inc., Cascades Inc., Hartmann, Reynolds Group Holdings Limited, Cellulose de la Loire and among others.
In 2019, the egg packaging market was dominated by Rest of World region at the global level. Rest of the world comprises several developing regions such as Asia- Packaging, Middle- East and Africa, and South America. The high rate of poultry farming and increasing consumption of egg-based foods supports the demand for egg packaging in the rest of the world. Advancements in food processing industries leading to the launch of egg-based products also support market growth. Moreover, growing awareness about the health benefits along with high protein content favors the eggs, which is further propelling the demand of egg packaging in the rest of the world.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Egg Packaging Market, by Material
1.3.2 Egg Packaging Market, by Packaging Type
1.3.3 Egg Packaging Market, by Geography
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Egg Packaging Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 Rest of World
4.2.3.1 APAC
4.2.3.2 MEA
4.2.3.3 SAM
4.3 Expert Opinion
4.4 Qualitative Analysis of Manufacturing Process
5. Egg Packaging Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Preference For Convenience In Transporting Eggs
5.1.2 Rising Consumer Inclination Towards Egg As Protein-Rich Food
5.2 Market Restraint
5.2.1 Stringent Government Regulations On Plastic Use
5.3 Market Opportunities
5.3.1 Increasing Use Of Recyclable Materials
5.4 Future Trends
5.4.1 Innovation And Advancement In The Egg Packaging Industry
5.5 Impact Analysis
6. Egg Packaging– Global Market Analysis
6.1 Egg Packaging Market Overview
6.2 Egg Packaging Market –Revenue and Forecast to 2027 (US$ Million)
6.3 Competitive Positioning – Key Market Players
7. Egg Packaging Market Analysis – By Material Type
7.1 Overview
7.2 Egg Packaging Market, By Material Type (2019 and 2027)
7.3 Paper
7.3.1 Overview
7.3.2 Paper: Egg Packaging Market – Revenue, and Forecast to 2027 (US$ Million)
7.4 Paperboard
7.4.1 Overview
7.4.2 Paperboard: Egg Packaging Market – Revenue, and Forecast to 2027 (US$ Million)
7.5 Recycled Paper
7.5.1 Overview
7.5.2 Recycled Paper: Egg Packaging Market – Revenue, and Forecast to 2027 (US$ Million)
7.6 Plastic
7.6.1 Overview
7.6.2 Plastic: Egg Packaging Market – Revenue, and Forecast to 2027 (US$ Million)
7.7 Polyethylene Terephthalate
7.7.1 Overview
7.7.2 Polyethylene Terephthalate: Egg Packaging Market – Revenue, and Forecast to 2027 (US$ Million)
7.8 Polystyrene
7.8.1 Overview
7.8.2 Polystyrene: Egg Packaging Market – Revenue, and Forecast to 2027 (US$ Million)
7.9 Others
7.9.1 Overview
7.9.2 Others: Egg Packaging Market – Revenue, and Forecast to 2027 (US$ Million)
7.10 Others
7.10.1 Overview
7.10.2 Others: Egg Packaging Market – Revenue, and Forecast to 2027 (US$ Million)
8. Egg Packaging Market Analysis – By Packaging Type
8.1 Overview
8.2 Egg Packaging Market, By Packaging Type (2019 and 2027)
8.3 Cartons
8.3.1 Overview
8.3.2 Cartons: Egg Packaging Market – Revenue, and Forecast to 2027 (US$ Million)
8.4 Containers
8.4.1 Overview
8.4.2 Containers: Egg Packaging Market – Revenue, and Forecast to 2027 (US$ Million)
8.5 Trays
8.5.1 Overview
8.5.2 Trays: Egg Packaging Market – Revenue, and Forecast to 2027 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: Egg Packaging Market – Revenue, and Forecast to 2027 (US$ Million)
9. Egg Packaging Market – Geographic Analysis
9.1 Overview
9.2 North America: Egg Packaging Market
9.2.1 North America: Egg Packaging Market –Revenue and Forecast to 2027(US$ Million)
9.2.2 North America :Egg Packaging Market, by Material Type
9.2.3 North America: Egg Packaging Market, by Packaging Type
9.2.4 North America: Egg Packaging Market, by Key Country
9.2.4.1 US: Egg Packaging Market –Revenue and Forecast to 2027 (US$ Million)
9.2.4.1.1 US: Egg Packaging Market, by Material Type
9.2.4.1.2 US: Egg Packaging Market, by Packaging Type
9.2.4.2 Canada: Egg Packaging Market –Revenue and Forecast to 2027 (US$ Million)
9.2.4.2.1 Canada: Egg Packaging Market, by Material Type
9.2.4.2.2 Canada: Egg Packaging Market, by Packaging Type
9.2.4.3 Mexico: Egg Packaging Market –Revenue and Forecast to 2027 (US$ Million)
9.2.4.3.1 Mexico: Egg Packaging Market, by Material Type
9.2.4.3.2 Mexico: Egg Packaging Market, by Packaging Type
9.3 Europe: Egg Packaging Market
9.3.1 Europe: Egg Packaging Market –Revenue and Forecast to 2027(US$ Million)
9.3.2 Europe: Egg Packaging Market, by Material Type
9.3.3 Europe: Egg Packaging Market, by Packaging Type
9.3.4 Europe: Egg Packaging Market, by Key Country
9.3.4.1 Germany: Egg Packaging Market –Revenue and Forecast to 2027 (US$ Million)
9.3.4.1.1 Germany: Egg Packaging Market, by Material Type
9.3.4.1.2 Germany: Egg Packaging Market, by Packaging Type
9.3.4.2 France: Egg Packaging Market –Revenue and Forecast to 2027 (US$ Million)
9.3.4.2.1 France: Egg Packaging Market, by Material Type
9.3.4.2.2 France: Egg Packaging Market, by Packaging Type
9.3.4.3 Italy: Egg Packaging Market –Revenue and Forecast to 2027 (US$ Million)
9.3.4.3.1 Italy: Egg Packaging Market, by Material Type
9.3.4.3.2 Italy: Egg Packaging Market, by Packaging Type
9.3.4.4 UK: Egg Packaging Market –Revenue and Forecast to 2027 (US$ Million)
9.3.4.4.1 UK: Egg Packaging Market, by Material Type
9.3.4.4.2 UK: Egg Packaging Market, by Packaging Type
9.3.4.5 Russia: Egg Packaging Market –Revenue and Forecast to 2027 (US$ Million)
9.3.4.5.1 Russia: Egg Packaging Market, by Material Type
9.3.4.5.2 Russia: Egg Packaging Market, by Packaging Type
9.3.4.6 Rest of Europe: Egg Packaging Market –Revenue and Forecast to 2027 (US$ Million)
9.3.4.6.1 Rest of Europe: Egg Packaging Market, by Material Type
9.3.4.6.2 Rest of Europe: Egg Packaging Market, by Packaging Type
9.4 Rest of the World: Egg Packaging Market
9.4.4 Rest of World: Egg Packaging Market, by Key Country
9.5 Asia Pacific: Egg Packaging Market
9.5.1 Asia Pacific: Egg Packaging Market–Revenue and Forecast to 2027(US$ Million)
9.6 MEA: Egg Packaging Market
9.6.1 MEA: Egg Packaging Market –Revenue and Forecast to 2027(US$ Million)
9.7 South America: Egg Packaging Market
9.7.1 South America: Egg Packaging Market –Revenue and Forecast to 2027(US$ Million)
10. Impact of COVID-19 Pandemic Global Egg Packaging Market
10.1 Overview
10.2 North America: Impact Assessment of COVID-19 Pandemic
10.3 Europe: Impact assessment of COVID-19 Pandemic
10.4 Asia-Pacific: Impact assessment of COVID-19 Pandemic
10.5 Middle East and Africa: Impact assessment of COVID-19 Pandemic
10.6 South America: Impact assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Mergers and Acquisitions
11.2 Strategy and Business Planning
11.3 Product News
11.4 Recent Capital Plant Investments, By Region
12. Company Profiles
12.1 Sonoco Products Company
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Placon
12.2.1 Key Facts
12.2.2 Business Description
12.2.2.1 Products and Services
12.2.3 Financial Overview
12.2.4 SWOT Analysis
12.3 Mauser Corporate GMBH
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 JIN FU HUA PACKAGING INDUSTRIAL CO.,LTD.(JFH)
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.5 Huhtamaki Oyj
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 CKF Inc.
12.6.1 Key Facts
12.6.2 Business Description
12.6.2.1 Products and Services
12.6.3 Financial Overview
12.6.4 SWOT Analysis
12.7 Cascades Inc.
12.7.1 Key Facts
12.7.2 Business Description
12.7.2.1 Products and Services
12.7.3 Financial Overview
12.7.4 SWOT Analysis
12.8 Brodrene Hartmann AS
12.8.1 Key Facts
12.8.2 Business Description
12.8.2.1 Products and Services
12.8.3 Financial Overview
12.8.4 SWOT Analysis
12.8.5 Key Developments
12.9 Reynolds Group Holdings Limited.
12.9.1 Key Facts
12.9.2 Business Description
12.9.2.1 Products and Services
12.9.3 SWOT Analysis
12.10 Cellulose de la Loire
12.10.1 Key Facts
12.10.2 Business Description
12.10.2.1 Products and Services
12.10.3 Financial Overview
12.10.4 SWOT Analysis
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. Egg Packaging Market –Revenue and Forecast to 2027 (US$ Million)
Table 2. North America Egg Packaging Market, by Material Type – Revenue and Forecast to 2027 (US$ Million)
Table 3. North America Egg Packaging Market, by Packaging Type – Revenue and Forecast to 2027 (US$ Million)
Table 4. US Egg Packaging Market, by Material Type – Revenue and Forecast to 2027 (US$ Million)
Table 5. US Egg Packaging Market, by Packaging Type – Revenue and Forecast to 2027 (US$ Million)
Table 6. Canada Egg Packaging Market, by Material Type – Revenue and Forecast to 2027 (US$ Million)
Table 7. Canada Egg Packaging Market, by Packaging Type – Revenue and Forecast to 2027 (US$ Million)
Table 8. Mexico Egg Packaging Market, by Material Type – Revenue and Forecast to 2027 (US$ Million)
Table 9. Mexico Egg Packaging Market, by Packaging Type – Revenue and Forecast to 2027 (US$ Million)
Table 10. Europe Egg Packaging Market, by Material Type – Revenue and Forecast to 2027 (US$ Million)
Table 11. Europe Egg Packaging Market, by Packaging Type – Revenue and Forecast to 2027 (US$ Million)
Table 12. Germany Egg Packaging Market, by Material Type – Revenue and Forecast to 2027 (US$ Million)
Table 13. Germany Egg Packaging Market, by Packaging Type – Revenue and Forecast to 2027 (US$ Million)
Table 14. France Egg Packaging Market, by Material Type – Revenue and Forecast to 2027 (US$ Million)
Table 15. France Egg Packaging Market, by Packaging Type – Revenue and Forecast to 2027 (US$ Million)
Table 16. Italy Egg Packaging Market, by Material Type – Revenue and Forecast to 2027 (US$ Million)
Table 17. Italy Egg Packaging Market, by Packaging Type – Revenue and Forecast to 2027 (US$ Million)
Table 18. UK Egg Packaging Market, by Material Type – Revenue and Forecast to 2027 (US$ Million)
Table 19. UK Egg Packaging Market, by Packaging Type – Revenue and Forecast to 2027 (US$ Million)
Table 20. Russia Egg Packaging Market, by Material Type – Revenue and Forecast to 2027 (US$ Million)
Table 21. Russia Egg Packaging Market, by Packaging Type – Revenue and Forecast to 2027 (US$ Million)
Table 22. Rest of Europe Egg Packaging Market, by Material Type – Revenue and Forecast to 2027 (US$ Million)
Table 23. Rest of Europe Egg Packaging Market, by Packaging Type – Revenue and Forecast to 2027 (US$ Million)
Table 26. Asia Pacific Egg Packaging Market, by Material Type – Revenue and Forecast to 2027 (US$ Million)
Table 27. Asia Pacific Egg Packaging Market, by Packaging Type – Revenue and Forecast to 2027 (US$ Million)
Table 28. MEA Egg Packaging Market, by Material Type – Revenue and Forecast to 2027 (US$ Million)
Table 29. MEA Egg Packaging Market, by Packaging Type – Revenue and Forecast to 2027 (US$ Million)
Table 30. South America Egg Packaging Market, by Material Type – Revenue and Forecast to 2027 (US$ Million)
Table 31. South America Egg Packaging Market, by Packaging Type – Revenue and Forecast to 2027 (US$ Million)
Table 32. Glossary of Terms, Egg Packaging Market
LIST OF FIGURES
Figure 1. Egg Packaging Market Segmentation
Figure 2. Egg Packaging Market Segmentation – By Geography
Figure 3. Global Egg Packaging Market Overview
Figure 4. Paper Segment Held Largest Share of Global Egg Packaging Market
Figure 5. Asia-Pacific Held Largest Share of Global Egg Packaging Market
Figure 6. Global Egg Packaging Market, Industry Landscape
Figure 7. North America: PEST Analysis
Figure 8. Europe: PEST Analysis
Figure 9. APAC: PEST Analysis
Figure 10. MEA: PEST Analysis
Figure 11. SAM: PEST Analysis
Figure 12. Expert Opinion
Figure 13. Global Egg Packaging Market Impact Analysis Of Drivers And Restraints
Figure 14. Geographic Overview of Egg Packaging Market
Figure 15. Egg Packaging Market – Revenue and Forecast to 2027 (US$ Million)
Figure 16. Egg Packaging Market Revenue Share, by Distribution Channel (2019 and 2027)
Figure 17. Paper: Egg Packaging Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 18. Paperboard: Egg Packaging Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 19. Recycled Paper: Egg Packaging Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 20. Plastic: Egg Packaging Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 21. Polyethylene Terephthalate: Egg Packaging Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 22. Polystyrene: Egg Packaging Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 23. Others: Egg Packaging Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 24. Others: Egg Packaging Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 25. Egg Packaging Market Revenue Share, by Packaging (2019 and 2027)
Figure 26. Cartons: Egg Packaging Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 27. Containers: Egg Packaging Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 28. Trays: Egg Packaging Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 29. Others: Egg Packaging Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 30. Global Egg Packaging Market Revenue Share, by Region (2019 and 2027)
Figure 31. North America: Egg Packaging Market – Revenue and Forecast to 2027 (US$ Million)
Figure 32. North America: Egg Packaging Market Revenue Share, by Material Type (2019 and 2027)
Figure 33. North America: Egg Packaging Market Revenue Share, by Packaging Type (2019 and 2027)
Figure 34. North America: Egg Packaging Market Revenue Share, by Key Country (2019 and 2027)
Figure 35. US: Egg Packaging Market –Revenue and Forecast to 2027 (US$ Million)
Figure 36. Canada: Egg Packaging Market –Revenue and Forecast to 2027 (US$ Million)
Figure 37. Mexico: Egg Packaging Market –Revenue and Forecast to 2027 (US$ Million)
Figure 38. Europe: Egg Packaging Market – Revenue and Forecast to 2027 (US$ Million)
Figure 39. Europe: Egg Packaging Market Revenue Share, by Material Type (2019 and 2027)
Figure 40. Europe: Egg Packaging Market Revenue Share, by Packaging Type (2019 and 2027)
Figure 41. Europe: Egg Packaging Market Revenue Share, by Key Country (2019 and 2027)
Figure 42. Germany: Egg Packaging Market –Revenue and Forecast to 2027 (US$ Million)
Figure 43. France: Egg Packaging Market –Revenue and Forecast to 2027 (US$ Million)
Figure 44. Italy: Egg Packaging Market –Revenue and Forecast to 2027 (US$ Million)
Figure 45. UK: Egg Packaging Market –Revenue and Forecast to 2027 (US$ Million)
Figure 46. Russia: Egg Packaging Market –Revenue and Forecast to 2027 (US$ Million)
Figure 47. Rest of Europe: Egg Packaging Market –Revenue and Forecast to 2027 (US$ Million)
Figure 51. Rest of World: Egg Packaging Market Revenue Share, by Key Country (2019 and 2027)
Figure 52. Asia Pacific: Egg Packaging Market – Revenue and Forecast to 2027 (US$ Million)
Figure 53. MEA: Egg Packaging Market – Revenue and Forecast to 2027 (US$ Million)
Figure 54. South America: Egg Packaging Market – Revenue and Forecast to 2027 (US$ Million)
Figure 55. Impact of COVID-19 Pandemic in North American Country Markets
Figure 56. Impact of COVID-19 Pandemic in European Country Markets
Figure 57. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
Figure 58. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets
Figure 59. Impact of COVID-19 Pandemic in South America Country Markets
The List of Companies - Egg Packaging Market
- Sonoco Products Company
- Placon
- Mauser Corporate GMBH
- JIN FU HUA PACKAGING INDUSTRIAL CO.,LTD.(JFH)
- Huhtamaki Oyj
- CKF Inc.
- Cascades Inc
- Brodrene Hartmann AS
- Reynolds Group Holdings Limited.
- Cellulose de la Loire
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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