Molded Fibre Pulp Packaging Market Analysis by Size, Share, Growth, Trends up to 2031

Molded fiber pulp packaging will gain traction due to the expanding application in the food and beverage industry. The sales of molded fiber pulp packaging is expected to grow at a CAGR of 5.1% between 2021 and 2031.

In 2021, the U.S. market is expected to register 4.2% year on year growth after a period of sluggish sales on account of COVID-19 induced restrictions. Across North America, the total sales of molded fiber pulp packaging will reach US$ 1.3 Bn by the end of the year.

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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 is accepted worldwide in protective packaging applications which provide excellent cushioning and vibration dampening properties. Applications of molded fiber pulp packaging in logistics, cosmetics, healthcare, and automotive sectors are growing rapidly.

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 Points Covered in Molded Fiber Pulp Packaging Market Study Market estimates and forecast 2015-2031,Key drivers and restraints impacting market growth,Segment-wise, Country-wise, and Region-wise Analysis,Competition Mapping and Benchmarking ,Market Share Analysis, Key Product Innovations and Regulatory Climate

By Molded Pulp Type:

Thick wall, Transfer Molded, Thermoformed Fiber, Processed Pulp

By Application:

Primary Packaging, Secondary Packaging, Edge Protectors

By End Use:

Consumer Durables,Food & Beverage

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The consumption of molded fiber pulp packaging is expected increase exponentially, as recyclable and reusable materials become coveted by leading manufacturers. Efforts to ensure safety compliance and industry standards will positively influence growth.

“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.

Besides this, the market is expected to gain from implementation of impulse drying as a commercially viable option. The technique also helps in reducing the overall cost of manufacturing and energy consumption. The use of such advanced techniques is a noteworthy trend aiding expansion of the molded fiber pulp packaging market.

The use of 3D printed mold tooling also has emerged as a prominent trend. The use of such tools not only reduces the cost of operations, but also reduces the procurement timeframe significantly.


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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.

How is Demand for Primary Packaging Affecting Growth?

Molded fiber pulp, a widely accepted material for primary packaging and has found application in protective packaging due to its superior vibration dampening and cushioning properties. Packagers operating in the molded fiber pulp packaging market are producing trays, shipping dunnage, and outer packaging, creating a broad scope of application.

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
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This release was published on openPR.