Molded Fiber Packaging Market 2021 Share, Gross Margin, Production and Consumption Analysis, Brands Statistics and Overv


The molded fiber packaging market 2020 can potentially advance at a rate of 4.90% between 2017 and 2025 (forecast period), confirms Market Research Future (MRFR).

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Market Scope

The molded fiber packaging market 2020 can potentially advance at a rate of 4.90% between 2017 and 2025 (forecast period), confirms Market Research Future (MRFR).

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Top Boosters and Main Challenges 

Eco-friendly molded fiber pulp packaging caters to the needs and expectations of customers, in terms of ecological responsibility as well as packaging excellence. Manufacturers in the packaging industry are imposing practices that demand innovation and sustainability. A majority of the companies are focused on molded fiber pulp packaging that is compostable, recyclable and biodegradable, while working on enhancing the product consistency, costs as well as quality. These efforts with respect to product innovation and technological developments can induce significant business growth in the upcoming period.

Furthermore, since the manufacturing process of molded fiber involves no wastage, the residue is reused and then recycled. Therefore, molded fiber pulp packaging notes high demand across industries. Apart from this, minimum inventory costs, easy packaging process and low disposal costs has led to molded fiber pulp packaging gain higher acceptance as well as recognition across the globe. 

A huge number of renowned companies in the molded fiber packaging maintain a strong focus on emerging markets; MRFR report reveals that technology innovation will be an important strategy for the renowned manufacturers in the industry. Leading players are also highly focused on trade shows as well as marketing campaigns that helps them showcase their offerings to a broad range of end users, resulting in better growth prospects for the molded fiber packaging market.

Segmentation:

The global molded fiber packaging market is segmented on the basis of type, source, product, end use, and region. 

By type, the global molded fiber packaging market is segmented into thick wall, transfer molded, thermoformed fiber, and processed pulp. 

By source, the global molded fiber packaging market is segmented into wood pulp and non-wood pulp. 

By product, the molded fiber packaging market is segmented into trays, clamshell containers, boxes, end caps, and others. 

By end use, the market is segmented into food and beverage, electronics, personal care, healthcare, and others. 

Regional Study 

The regional study of the molded fiber packaging market has been considered for South America, Asia Pacific or APAC, the Middle East Africa or MEA, Europe and North America.

The easy availability and low cost of raw materials as well as labor are some of the factors that make APAC the leading market for molded fiber packaging. APAC is also touted to be the fastest-gaining market, given the tremendous development of the food beverage industry and the expansive automotive sector. The region is a notable supplier and consumer of automobiles, which leads to high revenue generation for the molded fiber packaging market. China, backed by the stupendous growth of the automobile industry, can emerge as the top market for molded fiber packaging during the evaluation period.

The North American market for molded fiber packaging can make significant headway in the following years, as a result of the rampant demand for protective packaging and the mounting environmental concerns. These concerns are compelling most of the industries in the region, like food serving and retail sector to shed the use of plastic packaging and instead go for molded fiber packaging, which is more sustainable. 

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Leading Market Competitors 

Leading market competitors include Henry Molded Products Inc. (US), Huhtamäki Oyj (Finland), Robert Cullen Ltd (UK), UFP Technologies Inc., Brødrene Hartmann A/S (Denmark), (US), to name a few.

Latest Developments 

February 2020 

Genera is currently working on developing and manufacturing molded fiber food service-based products such as bowls, takeout containers and plates, which are expected to be completely biodegradable as well as compostable.

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