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Molded Fiber Packaging Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033 | Sonoco Products Company, Pactiv Evergreen Inc., Huhtamaki Oyj, Nippon Molding Co. Ltd., Cascades Inc., Genpak LLC, Brødrene Hartmann A/S, Fabri-Kal Co
Molded Fiber Packaging Market Size And Growth
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Growth In E-commerce Driving The Molded Fiber Packaging Market
The growing e-commerce industry is expected to propel the growth of the molded fiber packaging market going forward. The growth can be fueled by increased internet penetration, convenience for consumers, a wider product selection, and flexible shopping options. Molded fiber packaging is required for e-commerce due to its protective, sustainable, and versatile characteristics that safeguard products during shipping while minimizing environmental impact. For instance, in February 2024, according to the Census Bureau of the Department of Commerce, a US-based government department, in the fourth quarter of 2023, e-commerce sales surged by 7.5% compared to the same period in 2022. Therefore, the growing e-commerce industry is driving the growth of the molded fiber packaging market.
Advancements In Sustainable Molded Fiber Packaging
Major companies operating in the molded fiber packaging market are developing technologically advanced products, such as sustainable molded fiber packaging, to meet the growing demand for eco-friendly packaging solutions. Sustainable molded fiber packaging utilizes recycled paperboard or other fibers to create biodegradable and recyclable packaging solutions, minimizing environmental impact compared to traditional materials like plastic. For instance, in January 2024, Genpak LLC, a US-based food service packaging company, launched the Harvest Fiber line, which includes hinged food service containers, trays, and tableware. Harvest Fiber containers are specifically crafted to meet the rigorous demands of food service operators, seamlessly integrating environmental sustainability with robust packaging performance and durability. Crafted from renewable fibers, these containers are microwave-safe, polyfluoroalkyl substances (PFAS)-free, and adept at accommodating both hot and cold foods. They are designed to maintain meal integrity, whether used for in-house dining or off-premises service, providing a practical solution for restaurants navigating regulatory challenges concerning PFAS substances.
The molded fiber packaging market covered in this report is segmented -
1) By Product: Trays, Containers, Clamshells, Bowls, Plates, Other Products
2) By Material: Recycled Paper, Virgin Paper, Mixed Pulp
3) By Source: Wood Pulp, Non-Wood Pulp
4) By Application: Protective Packaging, Food Service Packaging, Electronics Packaging, Cosmetic And Personal Care Packaging, Other Applications
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Major companies operating in the molded fiber packaging market are Sonoco Products Company, Pactiv Evergreen Inc., Huhtamaki Oyj, Nippon Molding Co. Ltd., Cascades Inc., Genpak LLC, Brødrene Hartmann A/S, Fabri-Kal Corporation, UFP Technologies Inc., CKF Inc., Pro-Pac Packaging Ltd., Dentas Paper Industry Inc., Henry Molded Products Inc., EnviroPAK Corporation, Guangzhou NANYA Pulp Molding Equipment Co. Ltd., Fibercel Packaging LLC, Dynamic Fibre Moulding (PTY) Ltd., Omni-Pac Group, Moulded Fibre Products Ltd., Cullen International, Eco-Products Inc., Pacific Pulp Molding Inc., Primeware LLC, Qingdao Xinya molded Pulp Packaging Co. Ltd, TRIDAS
Contents of the report:
1. Executive Summary
2. Molded Fiber Packaging Market Report Structure
3. Molded Fiber Packaging Market Trends And Strategies
4. Molded Fiber Packaging Market - Macro Economic Scenario
5. Molded Fiber Packaging Market Size And Growth
…..
27. Molded Fiber Packaging Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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