Global Molded Pulp Packaging Market : Key Players, Growth, Analysis 2019 to 2025
Molded Pulp Packaging Market report provides the latest market data along with industry future trends, which keeps tracking of users driving revenue growth rate of molded pulp packaging market by by source type (wood, non-wood), molded type (thick wall, thermoformed, transfer, processed), product (bowls, plates, cups, trays, clamshells), end-user (food beverages, personal care, automotive, electronic) market status and outlook of global and major regions, from manufacturers, and end industries. As this report is expected to help key players among the molded pulp packaging market it includes the five years Industry analysis and the 6 years annual forecast from to 2025. Some of the prominent participants in the global molded pulp packaging market are Henry Molded Products, Inc., Sabert Corporation, Fabri-Kal Corporation, Pro-Pac Packaging Limited, Genpak LLC, UFP Technologies, Inc., Huhtamäki Oyj, Brødrene Hartmann A/S, EnviroPAK Corporation, and other companies. The global molded pulp packaging market is projected to grow at a CAGR of 5.3% over the forecast period of 2019-2025.
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Increasing Demand for Reusable and Sustainable Packaging from the End-User Industry is Triggering the Growth of the Market
The molded pulp packaging offers a wide range of benefits compared to traditional plastic and EPS packaging. Furthermore, rapid growth in urbanization coupled with growing awareness regarding better packaging across the globe drives the growth of the global molded pulp market. Additionally, the increasing demand for reusable and sustainable packaging from the end-user industry is triggering the growth of the market.
Molded fiber’s packaging is used for shipping wine bottles and retail packaging for personal care products and cushions for computers. Furthermore, investment in R&D activities and growing demand for sustainable packaging creates growth opportunities for the global molded pulp packaging market in the near future.
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The Us is the Largest Contributor to the Molded Pulp Packaging Market
Asia-Pacific dominates the global molded pulp packaging market. The countries such as China, India, and Japan are contributing to the growth of the Asia-Pacific molded pulp packaging market over the forecast period. Additionally, the factor such as growth in food packaging, healthcare, and consumer electronics industry, rapid urbanization and rising disposable income escalating the growth of the market. North America is expected to hold a significant share in this market throughout the forecast period. The US is the largest contributor to the molded pulp packaging market. Furthermore, the rise in demand sustainable packaging drives the growth of the molded pulp packaging market in the European region. The Middle East and Africa are expected to experience substantial growth rate in this market owing to countries such as Saudi Arabia, South Africa, and Turkey.
Molded Pulp Packaging Market: Segmentation
The report on the global molded pulp packaging market covers segments such as source type, molded type, product, and end-user. On the basis of source type, the sub-markets include wood, and non-wood. On the basis of molded type, the sub-markets include thick wall, thermoformed, transfer, and processed. On the basis of product, the sub-markets include bowls, plates, cups, trays, and clamshells. On the basis of end-user, the sub-markets include food and beverages, personal care, automotive, electronic, and other end-user.
Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of the molded pulp packaging.
=> Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
=> Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.