Molded Fiber Packaging Market 2021 Demand and Business Growth Analysis: EnviroPAK Corporation, Heracles Packaging Company SA, Hurley Packaging of Texas

The report presents an in-depth assessment of the Molded Fiber Packaging Market including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Molded Fiber Packaging from 2021 till 2025. The report covers the pre COVID-19 historic data, impact of COVID-19 and post-COVID-19 (Corona Virus) impact on various regions and major countries and on the future development of the industry is pointed out.

The molded fiber packaging market was valued at USD 3.61 billion in 2019, at a CAGR of 7.86% over the forecast period 2020 - 2025. 

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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Molded Fiber Packaging Market: HuhtamŠki Oyj, Henry Moulded Products Inc., Moulded Fibre Products Ltd., Cullen Packaging Ltd., Brodrene Hartmann A/S, EnviroPAK Corporation, Heracles Packaging Company SA, Hurley Packaging of Texas, Keiding Inc., Berkley International, Pacific Pulp Molding, Inc., Footprint, LLC, Pro-Pac Packaging Limited and others.

Key Developments:

- February 2019 - Huhtamki Oyj's Brazilian Fiber Packaging team co-developed a new egg-tray for 30 eggs, Multi-E. Using an existing new product as a base for development, they made it better suited for the specific needs in Brazil. Within the project, the company's team also came up with a new raw material recipe and was created in close co-operation with a key customer and within the Huhtamaki global fiber team.

Market Overview:

The growing need for sustainable packaging made from renewable and recyclable materials is leading to renewed interest in the potential of Molded fiber packaging. Factors such as expanding demand in end-use industries and the application of environment-friendly protective packaging solutions are shooting the market. Though, fluctuation in the cost of raw material might hinder the market growth. More of the manufacturers, retailers, and customers in the market are adopting sustainable molded fiber packaging as its benefits vary from shipping wine bottles and retail packaging for cosmetics to protective packs for cushions for laptops, jarred candles, tablets, and inserts for mobile phones.

Scope of the Report
The molded fiber is a packaging material that is utilized in making protective packaging for various products such as in electronics, food & beverage, and personal care sectors. Molded fiber is made from 100% recycled newsprint and is completely recyclable. It is biodegradable, recyclable, and sustainable and decreases input and disposal charges compared to petroleum-based materials.

Regional Analysis For Molded Fiber Packaging Market:

North America (The United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

Market Key Trends:

The Electronics Segment to Drive the Molded Fiber Packaging Market
- Because of the inclination in the drift of sustainability, packaging developers are embracing multiple packaging solutions for a broad category of applications originating from recyclable molded fiber packaging. Thus, more manufacturers, retailers, and customers in the markets are using sustainable molded fiber packaging solutions. Electronics items are usually fragile and need packaging that can shield them from breakage during shipping and storage.
- Molded fiber pulp is widely accepted for the packaging of electronics items, as it gives excellent compression resistance, shock-absorbing, and thermal and atmospheric resistance characteristics during handling and transportation. Molded pulp packaging gives guarding functions such as void fill, cushioning, and blocking & bracing to the electronics items, thereby augmenting the requirement for molded pulp packaging in this sector.

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What are the market factors that are explained in the report?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global Molded Fiber Packaging Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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