Molded Pulp Packaging Market Analysis & Forecast Report, By Material, By Product, By End User, and By Region – Global Opportunities & Forecast, 2021-2028
Molded Pulp Packaging Market Analysis & Forecast Report, By Material (Wood Pulp and Non-Wood Pulp), By Product (Trays, Clamshells, Plates and Bowls, Cups, Shippers, and Others), By End User (Healthcare, Consumer Electronics, Food and Beverage, Personal Care, and Other), and By Region
Molded Pulp Packaging Market is accounted for USD 3,811 million in 2020, growing at a robust CAGR of 6.1% during forecast period.
Introduction of the Molded Pulp Packaging Market Report
Molded pulp packaging is made from various fibrous materials including recycled paper, cardboard, sugarcane, bamboo, wheat straw, and others. The color, surface texture, and strength of the packaging are determined by the raw material used in the making of the molded pulp packaging. Molded pulp packaging can be easily recycled with other paper and cardboard products via residential and commercial recycling services.
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Market Dynamic
Key Drivers and Emerging Trends
The rising number of industries including pharmaceutical, food & beverages, cosmetics, and personal care among others, the growing importance of sustainability coupled with the increasing demand for sustainable products and packaging among consumers are some of the major factors expected to drive the growth of the molded pulp packaging market over the forecast period. Additionally, molded pulp packaging offers several advantages including inexpensive raw material source, non-conductivity, excellent bracing, blocking, and cushioning protection.
Moreover, molded pulp is made from recycled materials, can be easily recycled again after its useful life-cycle, and the fiber used in the pulp packaging is biodegradable, which helps in reducing the use of plastic packaging. This is expected to stimulate the growing demand for molded pulp packaging products. Furthermore, The International Molded Fiber Association (IMFA) is aimed to promote the use of molded fiber products globally for environmental sustainability. This is expected to provide huge growth opportunities to the market growth in the coming years.
Restraint in the Molded Pulp Packaging Market
However, stringent government regulation pertaining to the manufacturing of molded pulp packaging, including the use of FDA tested food-grade oil and water repellent into wood pulp is expected to restrain the growth of the molded pulp packaging market size.
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Material – Segment Analysis
Based on the material, the non-wood-based molded pulp packaging is expected to hold a notable share in the market. This is primarily due to the growing use of non-woody cellulosic plant materials, including grasses, cereal straw, natural latex, sugar cane bagasse, and coconut husk in molded pulp packaging.
Product – Segment Analysis
Based on the product, trays are expected to grow at a high CAGR over the forecast period primarily due to the growing use of molded pulp trays for packaging apples, eggs, and some specific vegetables and fruits owing to their protection, cost-effectiveness, and environmentally friendly packaging solution. Additionally, molded pulp trays can easily be customized as per the design and color, which further stimulates market growth.
End-User – Segment Analysis
Based on the end-user, food & beverage is expected to hold a prominent share in the market owing to the increasing use of molded fiber packaging in the form of disposable food containers, disposable food trays, disposable paper plates, disposable paper bowls. The rising inclination towards sustainable packaging coupled with the growing emphasis towards the use of renewable and biodegradable packaging materials for single consumption products such as food is further promoting market growth.
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Regional – Segment Analysis:
North America is expected to account for a high market share over the forecast period. This can be attributed to growing industries including healthcare, food, and beverage, and the high demand for secure and sustainable packaging solutions among consumers. Additionally, the presence of some of the leading companies including EnviroPAK Corporation, Henry Molded Products Inc., and Keiding, Inc. is further escalating the market growth.
Top Market Players
Several leading Molded Pulp Packaging companies operating in the market, include, AR Packaging, Maspack Limited, EnviroPAK Corporation, Brodrene Hartmann A/S, Huhtamaki Oyj, UFP Technologies, Inc., Sabert Corporation, Pacific Pulp Molding, Inc., Henry Molded Products Inc., and Keiding, Inc., among others.
Key Developments:
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- In 2021, AR Packaging partnered with PulPac, one of the leading providers of molded fiber packaging products. With this partnership, AR Packaging is expected to use the PulPac PU300 production platform to increase the production volume capacity of molded fiber products.
Segments covered in the Report:
The global Molded Pulp Packaging market has been segmented on the basis of material, product, end-user, and key regions. Based on material, the market is segmented into wood pulp and non-wood pulp. Based on the product, the market is segmented into trays, clamshells, plates and bowls, cups, shippers, and others. Based on the end user, the market is segmented into healthcare, consumer electronics, food and beverage, personal care, and others.
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Key questions answered in this research report:
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- At what pace is global Molded Pulp Packaging market growing? What will be the growth trend in the future?
- What are the key drivers and restraints in Molded Pulp Packaging Market? What will be the impact of drivers and restraints in the future?
- What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Molded Pulp Packaging Market?
- Which product generated maximum revenues in 2020 and identify the most promising product during the forecast period?
- What are the various end-users of global Molded Pulp Packaging Market and how they are poised to grow?
- What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?
Report Coverage |
Details |
Market Base Year |
2020 |
Market Forecast Period |
2021-2028 |
Market Revenues (2020) |
USD 3,811 Million |
Base Year & Forecast Units |
Revenues (USD Million) |
Market Segment | By Material, By Product, By End-User, By Region |
Regional Coverage | Asia Pacific, Europe, North America, and RoW |
Companies Profiled | AR Packaging, Maspack Limited, EnviroPAK Corporation, Brodrene Hartmann A/S, Huhtamaki Oyj, UFP Technologies, Inc., Sabert Corporation, Pacific Pulp Molding, Inc., Henry Molded Products Inc., and Keiding, Inc. among others; a total of 10 companies covered. |
25% Free Customization Available | We will customize this report up to 25% as a free customization to address our client’s specific requirements |
Market Segmentation
Global Molded Pulp Packaging Market by Material
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- Wood Pulp
- Non-wood Pulp
Global Molded Pulp Packaging Market by Product
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- Trays
- Clamshells
- Plates and Bowls
- Cups
- Shippers
- Others
Global Molded Pulp Packaging Market by End-User
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- Healthcare
- Consumer Electronics
- Food and Beverage
- Personal Care
- Others
Global Molded Pulp Packaging Market by Region
-
- North America Molded Pulp Packaging Market (Option 1: As a part of the free 25% customization)
- By Material
- By Product
- By End-User
- US Market All-Up
- Canada Market All-Up
- Europe Molded Pulp Packaging Market (Option 2: As a part of the free 25% customization)
- By Material
- By Product
- By End-User
- UK Market All-Up
- Germany Market All-Up
- France Market All-Up
- Spain Market All-Up
- Rest of Europe Market All-Up
- Asia-Pacific Molded Pulp Packaging Market (Option 3: As a part of the free 25% customization)
- By Material
- By Product
- By End-User
- China Market All-Up
- India Market All-Up
- Japan Market All-Up
- Rest of APAC Market All-Up
- RoW Molded Pulp Packaging Market (Option 4: As a part of the free 25% customization)
- By Material
- By Product
- By End-User
- Brazil Market All-Up
- South Africa Market All-Up
- Saudi Arabia Market All-Up
- UAE Market All-Up
- Rest of world (remaining countries of the LAMEA region) Market All-Up
- North America Molded Pulp Packaging Market (Option 1: As a part of the free 25% customization)
Major Players Operating in the Molded Pulp Packaging Market (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)
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- AR Packaging
- Maspack Limited
- EnviroPAK Corporation
- Brodrene Hartmann A/S
- Huhtamaki Oyj
- UFP Technologies, Inc.
- Sabert Corporation
- Pacific Pulp Molding, Inc.
- Henry Molded Products Inc.
- Keiding, Inc.
Frequently Asked Question About This Report
molded pulp packaging market [UP2381-001001]
The growth rate of Molded Pulp Packaging Market during forecast period is 6.1%.
The top players in the Molded Pulp Packaging Market are, AR Packaging, Maspack Limited, EnviroPAK Corporation, Brodrene Hartmann A/S, Huhtamaki Oyj, UFP Technologies, Inc., Sabert Corporation, Pacific Pulp Molding, Inc., Henry Molded Products Inc., and Keiding, Inc., among others.
The North America region is expected to grow at a higher CAGR rate in the Molded Pulp Packaging Market during the forecast period. This can be attributed to growing industries including healthcare, food, and beverage, and the high demand for secure and sustainable packaging solutions among consumers.
The trays are expected to grow at a high CAGR over the forecast period primarily due to the growing use of molded pulp trays for packaging apples, eggs, and some specific vegetables and fruits owing to their protection, cost-effectiveness, and environmentally friendly packaging solution
- Published Date: Apr-2022
- Report Format: Excel/PPT
- Report Code: UP2381-001001
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Molded Pulp Packaging Market Analysis & Forecast Report, By Material, By Product, By End User, and By Region – Global Opportunities & Forecast, 2021-2028
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