Global demand in themolded fiber pulp packaging market is estimated to register year-on-year (YoY) growth of 4.4% in 2021, reaching a total volume of 3 Mn Tons. The global
sales of molded fiber pulp packaging are expected to grow by 4.8% in 2021 surpassing US$ 7.7 Bn. The overall ten-year
compound annual growth rate (CAGR) remains positive at 5.1%.
The need for environmentally friendly and sustainable packaging has led to the development of molded fiber pulp
packaging materials. Molded fiber materials are made from recycled materials such as newspaper or cardboard. Molded
fiber/pulp packaging can be classified into four types based on the mold used in the manufacturing process, the
thickness and application of the packaging, transfer molding, thick-walled, machining, and thermoforming.
The transfer mold type is used for packaging electronic consumer goods and for egg trays and cartons. The thick wall
type is used for packaging heavy and fragile items. Processed types are custom molded fibers/pulps with special
additives or slurry components.
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In its new research study named “molded fiber pulp packaging Market,” FMI has provided crucial insights and produced a
revised forecast analysis on the market. The research begins with an introduction of the industrial environment,
followed by an examination of market size, by-products, geographies, application forecasts, and vendor and company
competition. The study examines market share, demand, growth patterns, and forecasts for the next few years
The disruption in supply chains during the COVID-19 outbreak and the resultant restrictions have negatively impacted
sales. Expansion of the food & beverage industry and the rising demand for consumer goods will generate ample growth opportunities to manufacturers in
the near future.
Key Takeaways from Molded Fiber Pulp Packaging MarketTrays are estimated to hold more than 34% of the market share by 2031, owing to wide scope of applications and superior
durability.In North America, the U.S. has emerged as a mature market owing to the presence of major food & beverage manufacturers. It will register incremental opportunity of US$ 774.1 Mn.Transfer molded pulp products are expected to expand at a CAGR of 5.4%. This pulp type offers manufacturers a better
recyclable and responsible alternative to plastic.China leads Asia Pacific excluding Japan and is expected to reach a valuation of US$ 2.2 Bn in 2031.The U.K. will dominate Europe, surpassing Germany to reach 21% of the value share by 2031. Growth in the U.K. will be
supported by investments in research, and positive prospects for imports.
“The global molded fiber pulp packaging market is driven by surge in demand for sustainable packaging solutions with
protective packaging characteristics. These solutions also are considered ideal for logistics and transport,” says an
FMI analyst.
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Stringent Regulations Will Support Molded Fiber Pulp Packaging Sales
As concerns regarding packaging waste continue to soar, regulatory bodies have implemented stringent measures to curb
the use of single-use plastic. This has proven to be a boon for the molded fiber packaging industry.
Manufacturers are discouraging the use of foam (EPS) in a variety of food and food service packaging services. Nearly a
dozen U.S. cities including Washington DC, Seattle, and New York, have banned or taxed the use of polystyrene single-use
products.
Thus, the molded pulp packaging industry is projected to have robust growth in these markets as regulatory bodies
continue to discourage single-use plastics.
Who is Winning?
Leading players in the molded fiber pulp packaging market are largely focused on production development and capacity
expansion strategies. Key players contribute approximately 20-30% of the global market.
Top players include but are not limited to Huhtamaki Oyj., Pactiv LLC, Brodrene Hartmann A/S, Henry Molded Products,
Inc., ESCO Technologies Inc., UPF Technologies, Inc., ProtoPak Engineering Corporation and Celluloses De La Loire are
the top players operating in the Molded Fiber Pulp Packaging market..
Molded Fiber Pulp Packaging Market by Category
By Product Type:TraysDrink CarriersBoxesEnd CapsPlatesBowlsCupsClamshell Containers
By Molded Pulp Type:Thick wallTransfer MoldedThermoformed FiberProcessed Pulp
By Application:Primary PackagingSecondary PackagingEdge Protectors
By End Use:Consumer DurablesFood & BeverageWine PackagingFruit PackagingOthers
By Region:North AmericaLatin AmericaWestern EuropeEastern EuropeAPEJMEAJapan
Explore FMI’s Extensive ongoing Coverage on Packaging
Molded Fiber Wine Packs Market- The global market for molded fiber wine packs have dynamic growth due to its inbuilt features and value. Molded fiber
wine packs are mostly preferred by the manufactures as they can even sustain wine taste in humid areas.
Molded Fiber Pulp Edge Protectors Market- growing automobile sector in developing economies across the globe is driving the demand for molded fiber pulp edge
protectors market. Molded fiber pulp edge protectors are mainly used to storage or shipment of automotive parts.
Molded Fiber Cup Market- The global molded fiber cups market caters to massive foodservice industry which covers sales of molded fiber cup
through the distribution channel which includes online and offline food service outlets for the consumers across the
globe.
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