Press release
European Molded Pulp Packaging Market Trends, Size, Competitive Analysis and Forecast 2020-2026
European molded pulp packaging market is estimated to grow at a CAGR of 3.7% during the forecast period. Emerging demand for sustainable packaging is accelerating the adoption of molded pulp packaging in the region. Stringent environmental regulations has a major impact on molded pulp packaging in the region. In March 2019, the European Parliament approved a new law that aims to ban single-use plastic items including straws, plates, cotton buds sticks, and cutlery. In the EU, the products that will be banned by 2021. Multiple European consumers are aware of the Styrofoam and plastic packaging hazards and thus avoid buying products containing these kinds of packaging. As a result, the manufacturers of food products are increasingly avoiding the utilization of petroleum based, styrofoam, plastics and other packaging. There is no sustainable packaging solution compared to a pulp molded packaging which is produced from 100% recycled paper.Request a Free Sample of our European Molded Pulp Packaging Market: https://www.omrglobal.com/request-sample/europe-molded-pulp-packaging-market
Significant eggs consumption is further driving the demand for molded pulp fiber packaging in the region. As per the Department for Environment Food & Rural Affairs, UK, 7.7 million cases of eggs were packed in UK egg packing stations during the second quarter of 2020. Egg cartons is a major instance that is manufactured using strong molded fibers in designs that protect from egg damage. In addition, these packaging are easier to handle during transportation, which in turn, makes it ideal for use in egg packaging.
A full Report of European Molded Pulp Packaging Market is Available at: https://www.omrglobal.com/industry-reports/europe-molded-pulp-packaging-market
Scope of the European Molded Pulp Packaging Market
Market Coverage
• Market number available for 2019-2026
• Base year- 2019
• Forecast period- 2020-2026
• Segment Covered- By Source, Type, and End-Use
• Countries Covered- UK, Germany, France, Spain, Italy, and Rest of Europe
• Competitive Landscape- Brødrene Hartmann A/S, Huhtamaki OYJ, Sonoco Products Co., Heinzel Group, and Novolex (Eco Products Inc.).
Recent Developments in the European Molded Pulp Packaging Market
• In June 2020, PulPac announced world’s first pilot line of dry molded fiber to replace single-use plastics. To accelerate the replacement of single-use plastics across the globe, PulPac licenses the technology to brands and manufacturers establishing their own manufacturing.
• In January 2020, Heinzel Group declared that it will invest nearly $49.3 million to further widen the pulp manufacturing at its Styrian location in Pöls (Austria). The investment will support the manufacturing of up to 100,000 metric tons of brown (unbleached) pulp by the end of 2021. This pulp can be utilized as the foundation for brown kraft paper, along with the manufacturing of white (NBSK) pulp in the future.
Key questions addressed by the report
• What is the market growth rate?
• Which segment/country dominates the market in the base year?
• Which segment/country will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from the pre-COVID forecast
o Most affected region/segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
European Molded Pulp Packaging Market-Segmentation
By Source
• Wood
• Non-Wood
By Type
• Thermoformed
• Processed
• Thick Wall
• Transfer
By End-Use
• Food Packaging
• Food Service
• Electronics
• Healthcare
• Others
European Molded Pulp Packaging Market– Segment by Country
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe
Company Profiles
• Brødrene Hartmann A/S
• buhl-paperform GmbH
• EnviroPAK Corp.
• Fibersmith Technology (M) Sdn Bhd
• Heinzel Group
• HIRSCH Servo AG
• Huhtamaki OYJ
• Novolex
• Pulp-Tec Ltd.
• Södra
• Sonoco Products Co.
• TRIDAS Ltd.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/europe-molded-pulp-packaging-market
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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