AFP, Inc. (a subsidiary of Sealed Air), Sonoco Products Company and Nippon Mold Industry Corporation are Dominating the Global Molded Fiber Packaging Market in 2020

Global Molded Fiber Packaging Market is expected to grow with the CAGR of 5.6% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.

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Global molded fiber packaging market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in global molded fiber packaging market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio.

For instance,

  • In October 2018, Henry Molded Products Inc. have decided to take part in the trade show at Pack Expo International in Chicago, IL, U.S. This development helps the company to increase customer base and revenue.

AFP, Inc., is the dominating player in the market and the other players covered in the report are Huhtamaki, Brødrene Hartmann A/S, UFP Technologies, Inc., Henry Molded Products Inc., EnviroPAK, Robert Cullen Ltd, Heracles Packaging Co. S.A., James Cropper plc., buhl-paperform GmbH, Pactiv LLC, Footprint, Dentas Romania S.R.L., FiberCel, Nippon Mold Industry Corporation, Okulovskaya Paper Factory, Keiding, Inc., Atlantic Pulp, Western Pulp Products Company, Primapack SAE., Best Plus Pulp., (As a Subsidiary of Sealed Air) and Sonoco Products Company among others.

Molded Fiber Packaging Market

AFP, Inc.  (a subsidiary of Sealed Air)

AFP, Inc.  (a subsidiary of Sealed Air) headquartered in Texas, U.S. which was founded in 1978 as private ownership. The company is engaged in the manufacturing of custom-engineered protective packaging for retail, e-commerce and direct shipping applications. The company have wide product category packaging solutions and custom products out of which our focused product category is custom products. The company has wide global presence across the Asia-Pacific, and North America.

For instance,

  • In February 2017, AFP, Inc. (a subsidiary of Sealed Air), have acquired Springfield, MO's Engineered Packaging, Inc.'s (EPI) protective packaging division. This development helps the company to increase revenue.

Sonoco Products Company

Sonoco Products Company is headquartered in South Carolina, U.S. and it was founded in year 1899 as public ownership. The company is engaged in the manufacturing of paper cone packaging and other packaging products for different industries. The company have business segment which are Consumer Packaging, Display and Packaging, Paper and Industrial Converted Products and Protective Solutions out of which our focused business segment is Paper and Industrial Converted Products. The company offers wide range of product categories such as Mod Consumer Product Packaging and Services, Industrial Product & Services and Protective Packaging Solutions under which Consumer Product Packaging and Services is market focused category. The company has presence in an Asia-Pacific, Europe, North America, South America and Middle East and Africa.

For instance,

  • In August 2020, Sonoco Products Company has decided to acquire the Sustainable Paper Can Solutions Producer. The company is engaged in the production of the paper packaging product in North America. This development helps the company to increase revenue.

Nippon Mold Industry Corporation

Nippon Mold Industry Corporation is headquartered in Aichi, Japan as private ownership and founded in 1956. The company is engaged in the manufacturing of molded pulp products for different industries. The company has product category which are egg trays, fruit trays and industrial trays and cracked eff prevention measures out of which egg trays, fruit trays and industrial trays is market focused segment. The company has wide global presence in Asia-Pacific.

For instance,

  • In 2018, Nippon Mold Industry Corporation have decided to increase the investment in the business by 260 million yen in the business of packaging. This development helps the company to increase the revenue and production.