China Molded Fiber Packaging Market is forecasted to grow at 7.5% with factors such as rise in the e-commerce, courier and food delivery services.
Molded fiber packaging market has shown an exceptional penetration in China. Increasing preference for eco-friendly and biodegradable products for packaging. In developing countries, strong distribution network including multi-brand stores and online retailers is creating opportunity for the China molded fiber packaging market.
Molded fiber packaging Market Scenario
According to Data Bridge Market Research, market leader in China molded fiber packaging market is AFP, Inc. (As a Subsidiary of Sealed Air), which accounts an estimated market share of approximately 21.55% in the China molded fiber packaging market. The company has gained outstanding sale through their industrial product which is protection solutions.
- In February 2017, AFP, Inc., have acquired Springfield, MO's Engineered Packaging, Inc.'s (EPI) protective packaging division. This development helps the company to increase revenue
Trends Impacting the Market
Now the question is which other regions AFP, Inc., (As a Subsidiary of Sealed Air), Sonoco Products Company, and Nippon Mold Industry Corporation are targeting? Data Bridge Market Research has forecasted a large growth in Asia-Pacific molded fiber packaging market and the market leaders targeting Japan and India to be their next revenue pockets for 2022.
The molded fiber packaging market is becoming more competitive every year with companies such as regions AFP, Inc., (As a Subsidiary of Sealed Air), Sonoco Products Company and Nippon Mold Industry Corporation as they are the market leaders for molded fiber packaging. The data bridge market research new reports highlight the major growth factors and opportunities in the molded fiber packaging market.
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Molded Fiber Packaging Market Development
- In 2021 January, Huhtamaki decided to make investment in new state-of-the-art manufacturing unit in Malaysia. The company initial focus will be on manufacturing paper cups, as in the existing facility, but the new site will also allow us to expand the product range and introduce new sustainable paper-based technologies. This development helps the company to increase revenue and production
Scope of the Molded Fiber Packaging Market
All country based analysis of molded fiber packaging market is analyzed based on further segmentation. On the basis of by type, the market is segmented into thick-wall, transfer molded, thermoformed fiber and processed pulp. On the basis of source, the market is segmented into wood pulp and non-wood pulp. On the basis of product, the market is segmented into trays, clamshell containers, boxes, end cap and others. On the basis of end-user, the market is segmented into food and beverage, electronics, personal care, healthcare and others.
To know more about the study https://www.databridgemarketresearch.com/reports/china-molded-fiber-packaging-market
Key Pointers Covered in Molded Fiber Packaging Market Industry Trends and Forecast to 2029
- Market Size
- Market Standards and Changes
- Market Trials in Different Regions
- Market Requirements in Different Regions
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Recent Market Value for Different regions
- Sales Data for Market Competitors
- Key Vendors and Disruptors Study
- Supply Chain Competiveness
Key Market Competitors Covered in the Report
- Huhtamaki
- James Cropper plc.
- Nippon Mold Industry Corporation
- Best Plus Pulp.
- AFP, Inc., (As a Subsidiary of Sealed Air)
- Sonoco Products Company
Research Methodology: China Molded Fiber Packaging Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Food and Beverage Industry
- Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others
Related Reports
- Global Molded Pulp Packaging Market
- Global Beverage Packaging Market
- Global Fresh Food Packaging Market
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