Our recently published report, “Molded Fiber Pulp Packaging Market”, offers a comprehensive and deep evaluation on the market stature. Also, the market report estimates the market size, revenue, price, market share, market forecast, growth rate, and competitive analysis. As per research, the molded pulp market size was estimated at around US$ 4.9 billion in 2022, growing at a CAGR of nearly 7.9% during 2022-2030. The market is projected to reach approximately US$ 9.8 billion by 2030.

Molded Pulp Packaging Market

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Molded Pulp Packaging Market: Overview

Molded Pulp Packaging products are manufactured from biodegradable materials and are capable of absorbing wing to cushion shock properties. This ensures the protection of the product, which includes handling, transportation, as well as storage. These packaging products have aeration properties they have a microporous structure that helps in absorbing moisture attributed to their chemical structure.

Browse the full “Molded Pulp Packaging Market Size, Share, Growth Analysis Report By Product Type (Trays, Cups, Clamshells, Plates, Splitters, Others), By Molded Pulp Type (Rotary Molding, Fiber Thermoforming/Wet Press, Industrial Molding Pulp/Dry Press), By End Use (Eggs, Agriculture, Food & Food Services, Electronics, Appliances, Others), and By Region – Global Industry Overview, Statistical Data, Competitive Intelligence, Trends, Outlook, and Forecast 2022–2030″ report at https://www.custommarketinsights.com/report/molded-pulp-packaging-market/

Growth Factors

The growth in the e-commerce sector as a result of increasing urbanization is expected to create a demand for customized bio-degradable and recyclable packaging solutions. Further, the rising awareness among consumers of environmental issues caused by plastics and other harmful packaging materials has resulted in increased demand for Molded Pulp Packaging products. Additionally, government regulations for bio-degradable and recyclable products are pushing manufacturers in numerous manufacturing industries to opt for Molded Pulp Packaging products.

Molded Pulp Packaging Market

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Segmental Overview

The market for molded pulp packaging is segmented into product type, molded pulp type, and end-use. Based on product type, the market for trays is expected to dominate during the forecast period. Moreover, based on molded pulp type, the rotary molded pulp type is anticipated to show noticeable growth owing to its cost-effectiveness. By end use, the eggs segment is expected to dominate attributed to the rising egg consumption globally. For instance, as per the US Department of Agriculture, egg consumption in the country is growing every year, which is expected to create a high demand for molded pulp trays. Based on end-use, the food and food service segment appeared as one of the leading segments in 2021.

Molded pulp packaging solutions are used for the packaging of vegetables and fruits to help regulate fruit respiration along with maintaining ethylene density. However, the electronics application segment is projected to notice a high CAGR during 2022-2030. The growth is due to high product demand for electronic device packaging, such as computers, printers, cellphones, modems, hard drives, and others.

Regional Overview

Asia Pacific region to present a lucrative market

Asia Pacific is estimated to witness a high CAGR growth during the projected period. The growth of the urban population along with the rising e-commerce sector in the region is expected to drive market growth. Other factors include easy availability of labor and raw materials and increasing use of advanced technology for producing high-quality Molded Pulp Packaging. In Europe, Germany is estimated to hold the largest market share in 2021.

Molded Fiber Pulp Packaging

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Report Scope

Feature of the Report Details
Market Size in 2021 USD 3.8 Billion
Projected Market Size in 2030 USD 5.3 Billion
CAGR Growth Rate 5.4% CAGR
Base Year 2021
Forecast Period 2022-2030
Prominent Players Maspack Ltd, UFP Technologies Inc., EnviroPAK Corporation, Huhtamaki, Ltd., Best Plus Pulp Co., and Others
Key Segment By Product Type, Molded Pulp Type, End Use, and Region
Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options Request tailored purchasing options to fulfil your requirements for research. Examine possible purchases

Key Players Insights

The players operating in the Molded Pulp Packaging market are focused on forming strategic partnerships as well as developing of manufacturing capabilities through the introduction of advanced technologies. The market is highly fragmented in nature, thus including high competition. Due to the highly fragmented nature of the market, the bargaining of buyers is high. Entry barriers are moderate to low.

Some recent developments in the market:

April 2022: Sabert Corporation, an innovative food packaging solution provider, launched the Kraft Collection, the company’s new product line. This Collection includes wide-ranging corrugated and paperboard food packaging solutions developed from compostable, recyclable materials, as well as comprise post-consumer fiber content, underlining the company’s long-lasting commitment to sustainability.

Some of the prominent players

  • Maspack Ltd
  • UFP Technologies Inc.
  • EnviroPAK Corporation
  • Huhtamaki, Ltd.
  • Best Plus Pulp Co.

The global molded pulp packaging market is segmented as follows:

By Product Type

  • Trays
  • Cups
  • Clamshells
  • Plates
  • Splitters
  • Others

By Molded Pulp Type

  • Rotary Molding
  • Fiber Thermoforming/Wet Press
  • Industrial Molding Pulp/Dry Press

By End Use

  • Eggs
  • Agriculture
  • Food & Food Services
  • Electronics
  • Appliances
  • Others

On the basis of Geography

North America

  • The U.S.
  • Canada
  • Mexico

Europe

  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific

The Middle East & Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America