North America Fiber Packaging Market, By Type (Thick-Wall, Transfer Molded, Thermoformed Fiber and Processed Pulp), Source (Wood Pulp and Non-Wood Pulp), Product (Trays, Clamshell Containers, Boxes, End Cap and Others), End User (Food and Beverage, Electronics, Personal Care, Healthcare and Others), Country (U.S., Canada, Mexico) Industry Trends and Forecast to 2028
Market Analysis and Insights: North America Molded Fiber Packaging Market
The molded fiber packaging market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing at a CAGR of 17.2% in the forecast period of 2020 to 2027and expected to reach USD 61,307.82 thousand by 2028.
Increasing preference for eco-friendly and biodegradable products for packaging drives the demand for the molded fiber packaging market over the forecast period.
Molded fiber also known as the molded pulp is a type of packaging material that is typically made up of wood pulp, recycled paperboard and/or newsprint. Such products that are produced from recycled materials can be recycled again after their useful life-cycle. Molded fiber has several properties due to which material is used for protective packaging across various industries such as food service trays and beverage carriers and electronics among others.
This molded fiber packaging market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
North America Molded Fiber Packaging Market Scope and Market Size
The molded fiber packaging market is segmented on the basis of the type, source, product and end user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the molded fiber packaging market is segmented into thick-wall, transfer molded, thermoformed fiber and processed pulp. In 2021, the demand for the transfer molded segment is more in China and India due to increase in the production of electronics goods.
- On the basis of source, the molded fiber packaging market is segmented into wood pulp and non-wood pulp. In 2021, wood pulp segment is dominating as wood pulp products are easy to decompose and can be reused which makes wood pulp to dominate in the region.
- On the basis of product, the molded fiber packaging market is segmented into trays, clamshell containers, boxes, end cap and others. In 2021, presence of large number of recyclable trays segment manufacturers has fostered the market growth in the region.
- On the basis of end user, the molded fiber packaging market is segmented into food and beverage, electronics, personal care, healthcare and others. In 2021, large population in India and China increases the demand for the food and beverage segment in the region.
Molded fiber packaging Market Country Level Analysis
The molded fiber packaging market is analysed and market size information is provided by the country, type, source, product and end user as referenced above.
The countries covered in the North America molded fiber packaging market report are the U.S, Canada and Mexico.
The U.S. is dominating the North America market due to more demand of the online food service delivery which increases the demand of transfer molded products.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of North America brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Increasing Demand of Headphone/Earphone in Molded Fiber Packaging
Molded fiber packaging market also provides you with detailed market analysis for every country growth in industry with sales, components sales, impact of technological development in molded fiber packaging and changes in regulatory scenarios with their support for the molded fiber packaging market. The data is available for historic period 2011 to 2019.
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, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breath, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to North America molded fiber packaging market.
The major players covered in the report are Huhtamaki, Brødrene Hartmann A/S, UFP Technologies, Inc., Henry Molded Products Inc., EnviroPAK, Heracles Packaging Co. S.A., James Cropper plc, Pactiv LLC, Footprint, FiberCel, Atlantic Pulp, Western Pulp Products Company, AFP, Inc., (As a Subsidiary of Sealed Air) and Sonoco Products Company among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Many product developments are also initiated by the companies worldwide which are also accelerating the growth of molded fiber packaging market.
For instance,
- In 2021 January, Keiding, Inc. have decided to increase the capitalization in the business which will help to increase the production. This development helps the company to increase the revenue.
Partnership, joint ventures and other strategies enhances the company market share with increased coverage and presence. It also provides the benefit for organisation to improve their offering for molded fiber packaging through expanded range of size.
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