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Molded Fiber Packaging Market Size, Share & Industry Analysis, By Type (Thick Walled, Transfer Molded, Thermoformed Fiber, Processed Pulp), By End-use (Food & Beverages, Electronics, Personal Care, Healthcare, Other) And Regional Forecast 2022-2029

Region : Global | Report ID: FBI104894 | Status : Ongoing

 

KEY INDUSTRY INSIGHTS

Molded fiber packaging is a type of packaging that uses molder fiber. It is generally made from recycled paperboards and newsprints. Molded fibers are employed in protective packaging, beverage carriers, food service trays, and other materials. the packaging consists of clamshells and containers of different shape and sizes. It is a cost-effective sustainable packaging option available in market which is made by using recycled pulp.


Increasing demand for sustainable packaging solutions for food & beverages is one of the prime factor driving the market. Additionally, the use of recycled paper and pulp in one of prominent aspect that is driving the demand for molded fiber packaging. Growing packaging sector is likely to positively impact the market growth.


However, raw material sourcing for this type of packaging is inefficient. This makes it difficult to manage the sourcing and production of packaging material. This shall limit the market growth.


Key Market Driver -

Growing packaging industry.

Key Market Restraint -

Inefficient raw material sourcing.


Market Segmentation:


Based on type, the global molded fiber packaging market is segmented into thick walled, transfer molded, thermoformed fiber & processed pulp. Based on end-use, market is segmented into food & beverages, electronics, personal care, healthcare & others.


From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.


Key Players Covered:


The global Molded Fiber Packaging market consists of global & regional players operating. Some of the key players in the market include Henry Molded Products Inc, Robert Cullen Ltd, Brødrene Hartmann A/S, UFP Technologies, Inc Huhtamäki Oyj, and others.


Key Insights



  • New Advancements in Production Technologies

  • Key Trends in the Molded Fiber Packaging Market

  • New Product Launches, Expansions, Key Players

  • Ranking of Key Players in the Market


Regional Analysis:


The market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is estimated to hold the largest share in market attributed to the growing demand for sustainable packaging materials. Additionally, the increasing population in countries like China & India is driving the demand for food & beverages packaging further driving the molder fiber packaging market. North America is expected to hold significant share due to higher rate of adoption of sustainable packaging solutions. Europe is expected to show considerable growth due to rise in disposable income and considerable spending on aesthetics and packaging. Latin America and Middle East & Africa is expected to show sluggish growth.


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Segmentation






















 ATTRIBUTE


  DETAILS

By Type




  • Thick Walled

  • Transfer Molded

  • Thermoformed Fiber

  • Processed Pulp



By End-use




  • Food & Beverages

  • Electronics

  • Personal Care

  • Healthcare

  • Other



By Geography




  • North America (U.S., and Canada)

  • Europe (Germany, UK, France, Italy, and Rest of Europe)

  • Asia Pacific (China, India, Japan, and Rest of Asia Pacific)

  • Latin America (Mexico, Brazil, and Rest of Latin America)

  • Middle East & Africa (UAE, South Africa, and Rest of Middle East & Africa)



Molded Fiber Packaging Industry Developments



  • In May 2019, Huhtumaki Oyj, a packaging solution provider, launched its new fiber-based meal trays suitable for microwave and conventional ovens for Waitrose and partners to replace black plastic. These trays are recyclable and certified for composting.


  • Ongoing
  • 2021
  • 2018-2020

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