Molded pulp packaging is the packaging products category that are sourced from different variants of molded pulp/molded fibre. This pulp or fibre is produced from recycled form of paperboard or other form of paper products already developed for a different purpose. This recycling method subsequently has a highly positive environmental impact and can ideally replace all forms of plastic packaging products in the long run due to their recyclable nature and simplified production process.
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The market is segmented on the basis of molded type as thick wall, transfer, thermoformed and processed. Source segment has been sub-segmented as wood pulp and non-wood pulp. Product type includes trays, cups, clamshells, plates, bowls and others. End use consists of foodservice disposables, food packaging, healthcare, electronics, others.
According to Data Bridge Market Research, Global Molded Pulp Packaging Market is expected to reach USD 4.83 billion by 2026, growing at a steady CAGR during the forecast period of 2019 to 2026
Some of the major players operating in the market are Brødrene Hartmann A/S, Huhtamaki, UFP Technologies, Inc., Thermoform Engineered Quality LLC, Eco-Products, Inc., Pro-Pac Packaging Group Pty Ltd, AmerCareRoyal, Fabri-Kal, Henry Molded Products Inc., EnviroPAK, Pacific Pulp Molding, Inc., Cascades inc., Sabert Corporation, ProtoPak Engineering Corporation, CELLULOSES DE LA LOIRE, Atlantic Pulp, Sealed Air, TRIDAS, KEIDING INC., Unified Packaging Solutions Pvt. Ltd., FiberCel, Sustainable Packaging Industries, Berkley among others.
A number of manufacturers and other innovative organizations are currently focusing on extensive levels of R&D activities to introduce more advanced technologies for the production process of molded pulp packaging, while helping advance the levels of quality being provided to the consumers in terms of product offerings for molded pulp packaging. This focus of manufacturers and other market impacting players will present the entire packaging industry with a highly opportunistic trend which is covered in the market overview of our reports.
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Global Molded Pulp Packaging Market – Industry Trends and Forecast to 2028