openPR Logo
Press release

Molded Pulp Packaging Market worth $5.7 billion by 2027 | Key players Huhtamaki Oyj, Sonoco Products, UFP Technologies, Sabert Corp, Fabri-Kal

07-28-2023 04:04 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MarketsandMarkets

Molded Pulp Packaging Market, Molded Pulp Packaging

Molded Pulp Packaging Market, Molded Pulp Packaging

According to recent market research the "Molded Pulp Packaging Market by Molded Type (Thickwall, Transfer Molded, Thermoformed Fiber and Processed Pulp), Product Type (Trays, Clamshells, Cups, Plates, Bowls), End-Use, Source (Wood Pulp and Non Wood Pulp), and Region - Global Forecast to 2027", is approximated to be USD 4.6 billion in 2022, and it is projected to reach USD 5.7 billion by 2027, at a CAGR of 4.3%.

Molded fiber pulp packaging solely involves the usage of wood pulp or recycled wastepaper material that can be recycled again after its useful life cycle. It includes products such as end caps, trays, plates, bowls, and clamshell containers. The global molded fiber pulp packaging market has witnessed considerable growth in recent years, mainly driven by features such as recyclability, low weight, and lower cost. Changing lifestyles and increased consumer spending on packaged foods are factors contributing to the growth in demand for molded fiber pulp packaging.

Browse 213 market data Tables and 50 Figures spread through 238 Pages and in-depth TOC on "Molded Pulp Packaging Market - Global Forecast to 2027"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/molded-pulp-packaging-market-36997090.html

Thermoformed is also known as thin-wall molded fiber packaging which is manufactured using multiple heated molds with product thickness ranging from 3/32 to 5/32 inches, which is 2mm to 4mm. The surfaces of the thermoformed type of pulp packaging are smooth, and forms are well detailed with minimal draft angles. Due to the multiple heated mold process, the walls are comparatively denser. Thermoformed fiber products closely resemble thermoformed plastic materials. This technique is most widely used to make clamshells and food service disposables such as cups, plates, bowls, and cutlery. This type of molded pulp packaging is also used for high-definition applications where appearance is of prime importance.

Molded fiber cups are another form of wide-mouth disposable packaging that is produced using non-wood pulp such as sugarcane bagasse & rice straw pulp, and soft & hardwood pulp such as newsprint paper slurry and wood pulp. These cups are widely used in food service packaging and for products such as butter, chocolates, tomato sauce, preserves, dairy products (cheese, milk cream, and yogurt with and without fruit pieces), mayonnaise, jam, honey, and edible oil.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=36997090

The global molded fiber pulp packaging market size is projected to grow from USD 4.6 billion in 2022 to USD 5.7 billion by 2027, at a CAGR of 4.3% during the forecast period The rising concerns regarding the requirement for the use of sustainable packaging in various industries such as electronics, food packaging, food service, healthcare, and e-commerce drives the market. Also, the increasing popularity of online shopping and rising consumer spending on eco-friendly packed goods are fueling the demand for molded fiber pulp packaging.

The molded fiber pulp packaging market in the Asia Pacific is estimated to witness a high CAGR, in terms of value, between 2022 and 2027, due to growing middle-class population, rise in ecommerce, increase in production, rise in the standards of living, and demand for sustainable & convenient packaging options in this region.

For more Details Speak to Our Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=36997090

There are different players that operate in the molded fiber pulp packaging market. The major market players include Huhtamaki Oyj (Finland), Sonoco Products Co. (US), Brodrene Hartmann A/S (Denmark), Genpak LLC (US), UFP Technologies (US), Sabert Corporation (US), Fabri-Kal (US), and Pro-Pac Packaging (Australia) among others. Various strategies, such as new product launch, expansion, and product development are adopted by several players to gain a competitive edge to increase their global footprint and sustain growth in the molded fiber pulp packaging market.

HUHTAMAKI OYJ (FINLAND) is one of the leading manufacturers of food service packaging, food & beverage packaging, non-food packaging, and fresh food packaging products. The company offers four brands-BioWare, Chinet, Lily, and Bibo for tableware and packaging. It operates through four major business segments, namely, Foodservice Business, North America, Flexible Packaging, and Fiber Packaging. The company was founded by Heikki Huhtamäki in 1920 and is headquartered in Espoo, Finland. Foodservice Packaging, Flexible Packaging, and Fiber Packaging are its three main business divisions. The section that deals with food service packaging provides fast food chains, coffee shops, and food service operators with paper and plastic disposable dinnerware. The section for Flexible Packaging manufactures flexible packaging materials, pouches, and labels for pharmaceutical, household, pet food, and food goods. Egg cartons, fruit trays, bottle dividers, and cup carriers are all made by the Fiber Packaging segment using recycled fiber.

BRODRENE HARTMANN A/S is one of the largest manufacturers and sellers of molded fiber pulp packaging solutions for eggs and fruits. The company operates in the market via two business segments, namely, molded-fiber packaging and machinery & technology. It offers protective egg trays for transport and also produces and sells technologies, machinery, and related service solutions to manufacturers of molded fiber packaging. The company mainly sells its products to egg and fruit packing businesses, retail chains, and buyers of packaging solutions under the brand names imagic2, imagic, Mini Poster Pack, Plus Pack, and Fresh Pack.

Contact:

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: newsletter@marketsandmarkets.com
Press Release: https://www.marketsandmarkets.com/PressReleases/molded-pulp-packaging.asp
Research Insights: https://www.marketsandmarkets.com/ResearchInsight/molded-pulp-packaging-market.asp

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Molded Pulp Packaging Market worth $5.7 billion by 2027 | Key players Huhtamaki Oyj, Sonoco Products, UFP Technologies, Sabert Corp, Fabri-Kal here

News-ID: 3148652 • Views:

More Releases from MarketsandMarkets

Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your Revenue
Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your R …
The global laser interferometer market is expected to be valued at 315 million in 2024 and is projected to reach USD 447 million by 2029, at a CAGR of 7.2% from 2024 to 2029. Emerging applications in industries push the market's growth due to the growing demand for precision in the manufacturing sector. However, challenges such as higher initial investments and maintenance costs cause problems. Despite these, opportunities arise for
With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to Surpass USD 36.7 billion
With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to …
The battery testing, inspection, and certification market is projected to reach USD 36.7 billion by 2029 from USD 14.9 billion in 2024 at a CAGR of 19.6% during the forecast period. Increasing adoption of EVs and energy storage systems, rising enforcement of stringent standards to ensure battery safety, thriving portable electronics industry, and rapid advances in battery technology are the major factors contributing to the market growth. Download PDF Brochure @
Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMarkets
Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMar …
The global RTLS market for healthcare is projected to grow from USD 2.3 billion in 2024 to USD 5.7 billion by 2029, at a compound annual growth rate of 19.6% from 2024 to 2029. As it attracts more and more players who enter this market with innovative RTLS features for customers, the market for RTLS technology is rapidly increasing. Top companies in this market focus on healthcare, retail, and manufacturing
Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2030 | Leading key players are ABB, Schneider Electric, Eaton, Vertiv
Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2 …
According to a research report "Offsite Data Center Power Infrastructure Market by Component (Solutions and Services), Vertical (BFSI, Media & Entertainment, Government & Defence, Healthcare, Manufacturing, IT & Telecom, Retail) and Region - Global Forecast to 2030" published by MarketsandMarkets, the market size for global offsite data center power infrastructure market is projected to reach approximately USD 35.4 billion by the year 2030, as compared to the estimated value of

All 5 Releases


More Releases for Pack

Transformative Trends Impacting the Gel Ice Pack Market Landscape: Innovation in …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts. How Large Will the Gel Ice Pack Market Size By 2025? In recent years, the market size for gel ice packs has seen a significant expansion. The market is projected to rise from $12.5 billion in 2024 to $14.69 billion in 2025, with a compound annual growth rate (CAGR)
VITAMIST® Revolutionizes Convenience with the Launch of New Multi-Pack and Max- …
VITAMIST®, the pioneers of oral vitamin sprays, is thrilled to announce the launch of its innovative Multi-Pack and Max-Pack product concepts, designed to provide tailored wellness solutions for every lifestyle. These carefully curated packs are a game-changer for those seeking convenience, variety, and effectiveness in their health routines. The Multi-Pack range includes four unique offerings: Immunity, Travel, Fitness, and Beauty, each containing three targeted vitamin sprays that address specific
EV Battery Pack Cooling System Market Keeping it Cool: The EV Battery Pack Cooli …
Global EV battery Pack Cooling System Market Worth $8.09 Bn by 2031 - Exclusive Report by InsightAce Analytic Pvt. Ltd. InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global EV battery Pack Cooling System Market- (Vehicle Type (Passenger Vehicle, and Commercial Vehicle), By Propulsion Type (Battery Electric Vehicle, Hybrid Electric Vehicle and Plug-in Hybrid Electric Vehicle), By System Type (Air Cooling System and Liquid Cooling
R+ Core Essence Hair Pack | ROOTONIX
ROOTONIX Co., Ltd. was born to maintain your beautiful youth through scalp care and hair loss prevention. Through ceaseless research and development for scalp & hair health, they are striving to develop the No.1 hair & scalp care brand by the advanced technology. Scalp care can now be done by yourself at home. Meet innovative scalp care solutions with ROOTONIX's technology. It's a service that diagnoses the user's scalp and hair
Smart Intelligent ENG Battery Pack | NEOSEMITECH
NEO SEMITECH NEO Q ENG Battery Pack is a newly developed smart intelligent ENG Battery Pack product by NEO SEMITECH CO., LTD. in South Korea. The biggest differentiated excellence of NEO Q ENG Battery Pack is the battery level indicator that guarantees the utmost user convenience. The product is designed with enhanced grip considering user convenience, and the switch is also placed visibly on the front side for the sake
Harbinger Releases Raptivity Standard Pack 4
Harbinger Knowledge Products announced the addition of the new Standard Pack 4 to its award-winning Raptivity product line. The new pack includes a variety of visually-appealing, meaningful and expressive interactions to help organize and present complex information in a simplified yet engaging manner. Continuing with Raptivity’s commitment to bring more HTML5 interactions to its customers, all the Standard Pack 4 interactions support both HTML5 as well as Flash publishing options.