Global Molded Fiber Packaging Market, By Product (Trays, Clamshell Containers, Boxes, End Cap, Others), Type (Thick-Wall, Transfer Molded, Thermoformed Fiber, Processed Pulp), Source (Wood Pulp, Non-Wood Pulp), End-User (Food and Beverage, Electronics, Personal Care, Healthcare, Others) – Industry Trends and Forecast to 2029
Market Analysis and Size
Molded Fiber packaging is now being used for an extensive range of applications. It is also used for traditional protective packaging such as end caps, egg cartons. Molded fiber packaging was limited to egg trays for numerous years; but now increases the demand in other applications because of its sustainable properties. It is completely biodegradable and renewable as it is made from cellulose and wood fiber, therefore, meeting the criterion set forth by the organisation and government agencies.
Data Bridge Market Research analyses that the molded fiber packaging market was valued at USD 3.85 billion in 2021 and is expected to reach USD 5.61 billion by 2029, registering a CAGR of 4.82% during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
Report Scope and Market Segmentation
2022 to 2029
2020 (Customizable to 2014 - 2019)
Revenue in USD Billion, Volumes in Units, Pricing in USD
Product (Trays, Clamshell Containers, Boxes, End Cap, Others), Type (Thick-Wall, Transfer Molded, Thermoformed Fiber, Processed Pulp), Source (Wood Pulp, Non-Wood Pulp), End-User (Food and Beverage, Electronics, Personal Care, Healthcare, Others)
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
Market Players Covered
Brødrene Hartmann A/S (Denmark), UFP Technologies Inc, (US), Sonoco Products Company (US), Genpak LLC (US), Eco-Products Inc, (US). Pro-Pac Packaging Limited (Australia), PrimeWare (US), Fabri-Kal (US), Henry Molded Product Inc, (US), EnviroPAK (US), Pacific Pulp Molded Inc, (US), Sabert Corporation (US), Protopak Engineering Corporation (US), Cellulose de la Loire (France), Pactiv LLC (US), Spectrum Lithograph (US), Keiding, Inc. (US), DFM Packaging Solutions (South Africa), OrCon Industries (US), ESCO Technologies Inc. (US)
Molded fiber packaging is made from different number of fibrous materials, like recycled cardboard, paper, or other natural fibers such as bamboo, sugarcane, wheat straw. The raw materials help to determine the surface texture, strength and color of the packaging. Molded fiber packaging is formed to shape. It does not start as a flat sheet. As a substitute, it has complex three-dimensional shapes for example, Egg cartons.
Molded Fiber Packaging Market Dynamics
- High adoption in primary packaging
Molded fiber is extensively used material for the primary packaging. Molded fiber has found application in protective packaging due to its cushioning properties and superior vibration dampening. Manufacturers in the molded fiber packaging market are producing shipping dunnage, trays, and outer packaging, creating a broad scope of application.
- Rise the demand of sustainability packaging solution
Increasing the importance of sustainability in the environment has also aided in making fiber packaging an attractive option for consumers. It has not made only from recycled materials, it can also be easily recycled again after its valuable life-cycle. The molded fibers in packaging are biodegradable, unlike Styrofoam and plastic packaging which are expected to drive the growth of the market.
- Increase the demand in food industry
Molded fiber packaging is mostly used in the Food and beverages industry to protect the fragile products like medicine bottles from environment. This packaging has a superb barrier properties against oxygen and moisture which protects the product from the outside atmosphere. Molded fiber packaging is easy to handle and has a long shelf life, beneficial for the producers.
Sound macroeconomic policies and ambitious structural reforms paved a strong growth way for the extremely rising economies. Due to high development projections for end-use industries in emerging markets are expected to increase the demand for molded fibre packaging in upcoming years. Growing preference for biodegradable and eco-friendly products for packaging drives the demand for the molded fiber packaging market. Increasing investment in R&D mainly in the emerging countries acts as an opportunity for the market growth rate.
Fluctuation in the cost of wood pulp is anticipated to restrain the demand of the molded fiber packaging during forecast period. Maintaining the standard quality is the challenging factor for the molded fiber packaging market in upcoming future. Inability to carry heavy goods and Non-availability of handle support in molded fiber packaging are the major restrains that will hinder the market's growth rate.
This molded fiber packaging market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the molded fiber packaging market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Molded Fiber Packaging Market
The outbreak of the COVID-19 virus, were forced to set limitations on all types of supply chains and manufacturing unit. Only important industries such as pharmaceutical and food and beverages sector were permitted to be manufactured and supplied. The Demand for molded fiber pulp packaging grew in the healthcare and food and beverage industries due to their protective packaging solution, which prevents product tampering. Due to the increasing demand for molded fiber pulp packaging, the growth of the overall molded fiber pulp packaging market was not heavily impacted.
- In May 2019, Huhtamaki announced that they launch its new fiber-based meal trays suited for both regular oven and microwave for Waitrose & Partners to change black plastic. These trays are also certified for home composting and can be recycled.
Global Molded Fiber Packaging Market Scope
The molded fiber packaging market is segmented on the basis of products, type, source and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
- Clamshell Containers
- End Cap
- Transfer Molded
- Thermoformed Fiber
- Processed Pulp
- Wood Pulp
- Non-Wood Pulp
- Food and Beverage
- Personal Care
Molded Fiber Packaging Market Regional Analysis/Insights
The molded fiber packaging market is analysed and market size insights and trends are provided by country, products, type, source and end-user as referenced above.
The countries covered in the molded fiber packaging market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
Asia-Pacific dominates the molded fiber packaging market in terms of revenue and market share during the forecast period. This is due to the growing demand for molded fiber packaging in this region. The Asia-Pacific region leads the molded fiber packaging market, with China due to easy recycling and production of paper-based products.
During the projected period, North America is anticipated to be the fastest developing region due to huge demand of the online food service delivery which upsurges the demand of transfer molded products in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Molded Fiber Packaging Market Share Analysis
The molded fiber packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to molded fiber packaging market.
Some of the major players operating in the molded fiber packaging market are:
- Brødrene Hartmann A/S (Denmark)
- UFP Technologies Inc, (US)
- Sonoco Products Company (US)
- Genpak LLC (US)
- Eco-Products Inc, (US)
- Pro-Pac Packaging Limited (Australia)
- PrimeWare (US)
- Fabri-Kal (US)
- Henry Molded Product Inc, (US)
- EnviroPAK (US)
- Pacific Pulp Molded Inc, (US)
- Sabert Corporation (US)
- Protopak Engineering Corporation (US)
- Cellulose de la Loire (France)
- Pactiv LLC (US)
- Spectrum Lithograph (US)
- Keiding, Inc. (US)
- DFM Packaging Solutions (South Africa)
- OrCon Industries (US)
- ESCO Technologies Inc. (US)