Molded Pulp Packaging Market to be Dominated by Rising Demand for Eco-friendly and Sustainable Materials through 2028
Growing demand for eco-friendly and sustainable materials is
expected to drive the Global Molded Pulp Packaging market in the forecast
period 2024-2028
According
to TechSci Research report, “Molded Pulp Packaging
Market - Global Industry Size, Share, Trends, Opportunity, and Forecast,
2018-2028,” the Global Molded Pulp Packaging market is
anticipated to upsurge at an impressive rate in the forecast period, 2024-2028.
A significant factor fueling the growth of the Global Molded Pulp Packaging Market
is increasing awareness regarding the sustainability, resulting in rising consumer
interest in environmentally friendly packaging solutions. In addition, easily
recycling of pulp packaging material after its significant life cycle further
fuels the growth of Global Molded Pulp Packaging market.
For instance, Knoll Printing and Packaging, Inc. has
introduced Ecoform molded pulp, which can be used as an alternative to
thermoformed plastics.
Furthermore,
the market is being further stimulated by growing demand from healthcare, food
& beverage, electronics sectors.
However, availability of alternative packaging
products can slow down the market growth. Also, the appealing limitation of
molded pulp products as they degrade after some time can further slowdown the
market growth.
Browse
over XX market data Figures spread through XX Pages and
an in-depth TOC on the "Molded Pulp Packaging Market”
Global
Molded Pulp Packaging Market is segmented based on source, type, product, end
use, region and competitive landscape.
Based
on source, the market is split into wood pulp, and non-wood pulp.
Non-wood pulp is expected to hold the largest market share in the forecast
period, 2024-2028. This is due to its high accessibility, low cost, and rising
deforestation concerns.
Based
on type, the market is categorized into thick-wall, transfer
molded, thermoformed fiber, processed pulp. Transfer molded segment is
expected to hold the largest market share in the forecast period, 2024-2028.
This is due to hygroscopic property and air permeability, resulting in the
extended shelf life of food products that are to be transported.
Based
on product, the market is segmented into trays, cups, clamshells, plates,
splitters, and others. Trays segment is expected to hold the
largest market share in the forecast period, 2024-2028. This is due to high convenience,
shock absorption, and stability advantage provided by them.
Based on end use, the market is fragmented
into food &
beverage, electronics, personal care, healthcare, and others. Electronics segment is
expected to hold the largest market share in the forecast period, 2024-2028. This
is due to high demand in the packaging of sensitive electronic devices such as
printers, computers, hard drivers, modems, cellphones, and others.
Major
companies operating in the global molded pulp packaging market are:
- Huhtamäki
Oyj
- EnviroPAK
Corporation
- Brødrene
Hartmann A/S
- MFT-CKF
Inc.
- Molded
Pulp Packaging
- PulPac
AB
- Genpak,
LLC
- KIEFEL
GmbH
- Keiding,
Inc.
- Heracles
Packaging S.A.
Download Free Sample Report
Customers
can also request for 10% free customization on this report.
“Asia Pacific region is expected to grow
at the highest rate during the forecast period due to increasing production and
consumption of fruits, vegetables, and eggs, the demand for
eco-friendly packaging for supply and distribution. Additionally, development
of the e-commerce package industry, and improving consumer awareness regarding
eco-friendly packaging creates lucrative opportunities for the market growth.
Furthermore, in North America, existence of several food service companies
including fast-food outlets, catering services, and restaurants along with this
higher occurrence of out-of-home dining due to busy routines is creating huge
prospects for market growth during the forecast period,” said Mr. Karan Chechi,
Research Director with TechSci Research, a research-based global management
consulting firm.
“Molded Pulp Packaging Market- Global Industry
Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Source
(Wood Pulp, Non-Wood Pulp), By Type (Thick-Wall, Transfer Molded, Thermoformed
Fiber, Processed Pulp), By Product (Trays, Cups, Clamshells, Plates, Splitters,
Others), By End Use (Food & Beverage, Electronics, Personal Care,
Healthcare, Others), By Region, and Competition,”
has evaluated the future growth potential of Global Molded Pulp Packaging Market
and provides statistics & information on market size, structure, and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision-makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in the Global Molded Pulp Packaging Market.”
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656