Sandy, United States, Aug. 31, 2022 (GLOBE NEWSWIRE) -- The Custom Market Insights has published a new research report titled “Molded Pulp Packaging Market Size, Share, Growth Analysis Report By Product Type (Trays, Cups, Clamshells, Plates, Splitters, Others), By Molded Pulp Type (Rotary Molding, Fiber Thermoforming/Wet Press, Industrial Molding Pulp/Dry Press), By End Use (Eggs, Agriculture, Food & Food Services, Electronics, Appliances, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Intelligence, Trends, Outlook, and Forecast 2022–2030” in its research database.
“According to the latest research study, the demand of global Molded Pulp Packaging Market size & share was valued at approximately USD 4.9 Billion in 2021 and is expected to reach a value of around USD 9.8 Billion by 2030, at a compound annual growth rate (CAGR) of about 7.9% during the forecast period 2021 to 2026.”
Molded Pulp Packaging Market: Overview
Molded Pulp Packaging products are manufactured from biodegradable materials and are capable of absorbing wing to cushion shock properties. This ensures the protection of the product, which includes handling, transportation, as well as storage. These packaging products have aeration properties they have a microporous structure that helps in absorbing moisture attributed to their chemical structure.
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(A free sample of the Molded Pulp Packaging report is available upon request; please contact us for more information.)
Our Free Sample Report Consists of the following:
- Introduction, Overview, and in-depth industry analysis are all included in the 2022 updated report.
- The COVID-19 Pandemic Outbreak Impact Analysis is included in the package
- About 220+ Pages Research Report (Including Recent Research)
- Provide detailed chapter-by-chapter guidance on Request
- Updated Regional Analysis with Graphical Representation of Size, Share, and Trends for the Year 2022
- Includes Tables and figures have been updated
- The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
- Custom Market Insights (CMI) research methodology
(Please note that the sample of the Molded Pulp Packaging report has been modified to include the COVID-19 impact study prior to delivery.)
Growth Factors
The growth in the e-commerce sector as a result of increasing urbanization is expected to create a demand for customized bio-degradable and recyclable packaging solutions. Further, the rising awareness among consumers of environmental issues caused by plastics and other harmful packaging materials has resulted in increased demand for Molded Pulp Packaging products. Additionally, government regulations for bio-degradable and recyclable products are pushing manufacturers in numerous manufacturing industries to opt for Molded Pulp Packaging products.
To know about the assumptions considered for the study, download the pdf brochure @ https://www.custommarketinsights.com/request-for-free-sample/?reportid=11523
Segmental Overview
The market for molded pulp packaging is segmented into product type, molded pulp type, and end-use. Based on product type, the market for trays is expected to dominate during the forecast period. Moreover, based on molded pulp type, the rotary molded pulp type is anticipated to show noticeable growth owing to its cost-effectiveness. By end use, the eggs segment is expected to dominate attributed to the rising egg consumption globally. For instance, as per the US Department of Agriculture, egg consumption in the country is growing every year, which is expected to create a high demand for molded pulp trays. Based on end-use, the food and food service segment appeared as one of the leading segments in 2021.
Molded pulp packaging solutions are used for the packaging of vegetables and fruits to help regulate fruit respiration along with maintaining ethylene density. However, the electronics application segment is projected to notice a high CAGR during 2022-2030. The growth is due to high product demand for electronic device packaging, such as computers, printers, cellphones, modems, hard drives, and others.
Some recent developments in the market:
April 2022: Sabert Corporation, an innovative food packaging solution provider, launched the Kraft Collection, the company’s new product line. This Collection includes wide-ranging corrugated and paperboard food packaging solutions developed from compostable, recyclable materials, as well as comprise post-consumer fiber content, underlining the company’s long-lasting commitment to sustainability.
Some of the prominent players
- Maspack Ltd
- UFP Technologies Inc.
- EnviroPAK Corporation
- Huhtamaki, Ltd.
- Best Plus Pulp Co.
Key questions answered in this report:
- What is the size of the Molded Pulp Packaging market and what is its expected growth rate?
- What are the primary driving factors that push the Molded Pulp Packaging market forward?
- What are the Molded Pulp Packaging Industry's top companies?
- What are the different categories that the Molded Pulp Packaging Market caters to?
- What will be the fastest-growing segment or region?
- In the value chain, what role do essential players play?
- What is the procedure for getting a free copy of the Molded Pulp Packaging market sample report and company profiles?
To know about the assumptions considered for the study, download the pdf brochure @ https://www.custommarketinsights.com/request-for-free-sample/?reportid=11523
Key Offerings:
- Market Share, Size & Forecast by Revenue | 2022−2030
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
- Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by Regions
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
Directly Purchase a copy of the report [220+ Pages] @ https://www.custommarketinsights.com/checkout/?reportid=11523
Recent Development
- July 2022: Preferred Packaging, C-P Flexible Packaging’s division, expanded its product portfolio for sustainable packaging, GreenStream with new molded pulp trays produced using natural plant fibres. These new trays are microwave-safe, oven-safe, and freezer-safe.
- June 2022: Ara Partners, an investment firm focused on decarbonization investments, acquired Genera Energy Inc. The acquired company is engaged in the manufacturing of non-wood agricultural pulp as well as molded fiber products.
- January 2022: Huhtamaki acquired full ownership of Huhtamaki Smith Anderson spzoo, its Poland-based JV company from Smith Anderson Group Ltd. Huhtamaki Smith Anderson spzoo manufactures food service paper bags.
Report Scope
| Feature of the Report | Details |
| Market Size in 2021 | USD 4.9 Billion |
| Projected Market Size in 2030 | USD 9.8 Billion |
| CAGR Growth Rate | 7.9% CAGR |
| Base Year | 2021 |
| Forecast Period | 2022-2030 |
| Prominent Players | Maspack Ltd, UFP Technologies Inc., EnviroPAK Corporation, Huhtamaki, Ltd., Best Plus Pulp Co., and Others |
| Key Segment | By Product Type, Molded Pulp Type, End Use, and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your requirements for research. Examine possible purchases |
Regional Landscape
In 2021, the Asia Pacific region dominated the molded pulp packaging market. The growth is driven by the high presence of numerous molded pulp manufacturers in economies, including China, India, Bangladesh, and Indonesia. China is one of the key importers of pulp from other countries, Moreover, with the growing population in the region, the demand for food packaging, FMCG, food service, and pharmaceuticals, among others is witnessing high growth. Several governments in Asia Pacific countries also taking initiatives such as the Single-use Plastic ban (India). The above-mentioned factors are expected to accelerate the demand for molded pulp packaging in the region.
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Browse the full “Molded Pulp Packaging Market Size, Share, Growth Analysis Report By Product Type (Trays, Cups, Clamshells, Plates, Splitters, Others), By Molded Pulp Type (Rotary Molding, Fiber Thermoforming/Wet Press, Industrial Molding Pulp/Dry Press), By End Use (Eggs, Agriculture, Food & Food Services, Electronics, Appliances, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Intelligence, Trends, Outlook, and Forecast 2022–2030” Report at https://www.custommarketinsights.com/report/molded-pulp-packaging-market/
Competitive Landscape
The market for Molded Pulp Packaging is highly fragmented in nature with the presence of several domestic as well as global players. These companies are focused on offering innovative customized packaging products to their customers. Other key strategies adopted by the players include product launches, acquisitions, and partnerships, to expand their geographical reach.
The global molded pulp packaging market is segmented as follows:
By Product Type
- Trays
- Cups
- Clamshells
- Plates
- Splitters
- Others
By Molded Pulp Type
- Rotary Molding
- Fiber Thermoforming/Wet Press
- Industrial Molding Pulp/Dry Press
By End Use
- Eggs
- Agriculture
- Food & Food Services
- Electronics
- Appliances
- Others
On the basis of Geography
North America
- The U.S.
- Canada
- Mexico
Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
To know about the assumptions considered for the study, download the pdf brochure @ https://www.custommarketinsights.com/request-for-free-sample/?reportid=11523
Key Insights:
- As per the analysis shared by our research analyst, the molded pulp packaging market is estimated to grow annually at a CAGR of around 5.4% over the forecast period (2022-2030).
- In terms of revenue, the molded pulp packaging market size was valued at around USD 3.8 billion in 2021 and is projected to reach USD 5.3 billion by 2030. Due to a variety of driving factors, the market is predicted to rise at a significant rate.
- Based on product type segmentation, the tray segment was estimated to show maximum market share in the year 2021.
- Based on molded pulp type segmentation, the rotary molding segment was the leading revenue-generating category in 2021.
- Based on end use segmentation, the eggs segment was the leading revenue-generating category in 2021.
- On the basis of region, the Asia Pacific region was the leading revenue generator in 2021.
Spectacular Deals
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- Maximum number of market tables and figures
- Subscription-based option offered
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- 25% discount on your next purchase.
- Service guarantees are available.
- Personalized market brief by author.
Click Here to Get a Free Sample Report of the Global Molded Pulp Packaging Market @ https://www.custommarketinsights.com/request-for-free-sample/?reportid=11523
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Reasons for the Research Report
- The study's goal is to provide a thorough overview of the global Molded Pulp Packaging market. Compare your performance to that of the market as a whole.
- Aim to maintain your competitiveness while market growth is fueled by innovations from established key players.
What does the report include?
- Drivers, restrictions, and opportunities are among the qualitative elements covered in the analysis of the worldwide Molded Pulp Packaging market.
- The competitive environment of current and potential participants in the Molded Pulp Packaging market is covered in the report, as well as those companies' strategic product development ambitions.
- According to component, application, and industry vertical, the market is analysed both qualitatively and quantitatively in this study. Additionally, the report offers comparable data for the important regions.
- For each of the aforementioned segments, actual market sizes and forecasts have been given.
Who should buy this report?
- Participants and stakeholders in the worldwide Molded Pulp Packaging market should find this report useful. The research will be useful to all market participants in the Molded Pulp Packaging industry.
- Managers in the Molded Pulp Packaging sector are interested in publishing up-to-date and projected data about the worldwide Molded Pulp Packaging market.
- Governmental agencies, regulatory bodies, decision-makers, and organisations wanting to invest on market trends for Molded Pulp Packaging products.
- Market insights are sought for by analysts, researchers, educators, strategy managers, and government organisations to develop future plans.
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