North America dominated the global Moulded fibre pulp packaging Market with highest market share according to new research report

The latest market report published by Credence Research, Inc. “Moulded fibre pulp packaging Market, By Moulded Pulp Type (Thick Walled, Transfer Molded, Thermoformed and Processed Pulp), End Use (Consumer Durables & Electronics Goods, F&B, Personal Care, Healthcare/Medical, Automotive Parts and Others) and By Region (North America, Europe, Asia Pacific, Latin America and Middle East and Africa) - Growth, Future Prospects and Competitive Analysis, 2017 - 2025,” the global moulded fibre pulp packaging market, is expected to grow at CAGR of 6.0% from 2017 to 2025.

Market Insights

The global moulded fibre pulp packaging market is witnessing significant momentum owing to the increasing demand for sustainable quality packaging solutions. The worldwide trend to minimize the environmental impact, is expected to cater growth prospects for moulded fibre pulp packaging market. Moreover, moulded fibre pulp packaging is cost effective alternative to expanded polystyrene (EPS), reduces the logistics and shipping costs and offers efficient protection while handling and transportation.

Browse the full Moulded fibre pulp packaging Market - Growth, Future Prospects and Competitive Analysis, 2017 – 2025 report at http://www.credenceresearch.com/report/moulded-fibre-pulp-packaging-market

However, the recycled material or post-consumer waste such as newsprints is majorly used in production of moulded fibre pulp packaging. The newsprints with several recycling times results in short fibre chains with weak strength. This leads towards, limitation in recycling capabilities and performance challenge against its EPS substitute. The manufacturers in such cases, add virgin fibres from bamboo, sugarcane etc. in order to improve its mechanical strength and performance. Although, the moulded fibre pulp packaging accounts highest share in F & B packaging, the personal and health care end-users are growing at a faster pace. For instance, packaging for soaps, beauty creams & products in personal care segment and medical kits in health care segment are attractive revenue generators.

Competitive Insights

The key players present in this market are HUHTAMAKI GROUP, UFP Technologies, Inc., Brødrene Hartmann A/S and Pactiv LLC among others. To maintain dominance in this market companies are adopting various merger/acquisition strategies coupled with launch of innovative products for various end-users. Furthermore, expansion in capacities at key geographical areas such as Asia Pacific and African countries are some of the other strategies adopted by the market players to capitalize on regional opportunities.

Key Trends

Increasing adoption of bio-degradable packaging solutions
Moulded fibre pulp is moving forward beyond F&B packaging
Addition of various natural virgin fibres to offer competitive performance
Moulded Fiber/ Pulp Packaging Market by Segmentation

On the basis of product type:-

Transfer Moulded
Thick Wall
Processed
Thermoformed/ Thin Wall
On the basis of packaging type:-

Trays
Edge Protectors/ End Caps
Clamshells
Roll Cradles
On the basis of end use sector:-

Beverage Industry
Retail and Consumer Products Industry

Browse the full Moulded fibre pulp packaging Market - Growth, Future Prospects and Competitive Analysis, 2017 – 2025 report at http://www.credenceresearch.com/report/moulded-fibre-pulp-packaging-market

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