North America Molded 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) – Industry Trends and Forecast to 2030.
North America Molded Fiber Packaging 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. However, there are certain factors restraining the market growth. Stiff competition and limitations in terms of availability of skilled labor and technical expertise is one such factor, along with volatility of raw material prices. On the other hand, the increasing expansion of e-commerce and online retail channels presents an opportunity for market growth in North America.
Data Bridge Market Research analyses that the North America molded fiber packaging market which was USD 23.66 million in 2022, is expected to reach USD 84.21 million by 2030, and is expected to undergo a CAGR of 17.20% during the forecast period of 2023 to 2030. “Trays” from product segment dominates the North America molded fiber packaging market, this dominance can be attributed to the wide range of applications and benefits offered by molded pulp trays. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
North America Molded Fiber Packaging Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Thousand, Volumes in Units, Pricing in USD
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Segments Covered
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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)
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Countries Covered
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U.S., Canada, Mexico
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Market Players Covered
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Brødrene Hartmann A/S (Denmark), UFP Technologies Inc, (U.S.), Sonoco Products Company (U.S.), Genpak LLC (U.S.), Eco-Products Inc, (U.S.). Pro-Pac Packaging Limited (Australia), PrimeWare (U.S.), Fabri-Kal (U.S.), Henry Molded Product Inc, (U.S.), EnviroPAK (U.S.), Pacific Pulp Molded Inc, (U.S.), Sabert Corporation (U.S.), Protopak Engineering Corporation (U.S.), Cellulose de la Loire (France), Pactiv LLC (U.S.), Spectrum Lithograph (U.S.), Keiding, Inc. (U.S.), DFM Packaging Solutions (South Africa), OrCon Industries (U.S.), ESCO Technologies Inc. (U.S.)
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Market Opportunities
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Market Definition
Molded fiber packaging is made from different number of fibrous materials, such as 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 instance, egg cartons.
North America Molded Fiber Packaging Market Dynamics
Drivers
- Increase in the Demand of Food Industry
Molded fiber packaging is mostly used in the food and beverages industry to protect the fragile products such as 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.
- Rise in 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.
Opportunities
- Customization and Innovation of Materials
Advances in technology have made it possible to create highly customized and innovative molded fiber packaging solutions. Companies can explore unique shapes, designs, and functionalities to cater to specific product needs. One of the primary ways to stand out in the market is by offering custom shapes and sizes of molded fiber packaging. This allows brands to create unique and memorable packaging solutions that can better accommodate their specific products. Customization can be especially important for products with irregular shapes or specific packaging requirements.
- Strong Macroeconomic Policies and Ambitious Structural Reforms
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 North America molded fiber packaging market. Increasing investment in R&D mainly in the emerging countries acts as an opportunity for the North America market growth rate.
Restraints/Challenges
- Fluctuation in the Cost of Wood Pulp
Fluctuation in the cost of wood pulp is anticipated to restrain the demand of the molded fiber packaging during forecast period of 2023 to 2030. Maintaining the standard quality is the challenging factor for the North America 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.
- Limited Material Properties
Molded fiber may not be suitable for all product types or applications due to its limited material properties. It may not offer the same level of protection as plastics or other materials in some cases. Adhering to manufacturer guidelines and working with experienced HVAC professionals can provide valuable insights and ensure proper maintenance practices are followed. Also, the lack of favorable reimbursement scenarios and technology penetration in the developing economies, heavy custom duty imposed on medical devices, and lack of suitable infrastructure in low- and middle-income countries are projected to challenge the market in the forecast period of 2023-2030.
This North America 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 North America 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.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Developments
- In June 2023, Sabert Corporation announces the launch of new proprietary molded fiber blends, Pulp Plus and Pulp Max, which are intentionally PFAS-free. As part of its commitment to eliminate all intentionally added perfluoroalkyl and poly-fluoroalkyl substances (PFAS) from its product portfolio by the end of 2023, Sabert's new pulp formulations aim to help customers achieve their sustainability goals
- February 2023, PulPac, the Swedish company that makes Dry Molded Fiber, is teaming up with PA Consulting to create a fiber bottle that's designed to replace plastic bottles in the food, drinks, consumer health, and FMCG sectors. It's based on PulPac'sown proprietary technology
North America Molded Fiber Packaging Market Scope
The North America molded fiber packaging market are segmented on the basis of the products, type, source and end-user. The growth amongst these segments will help you analyse 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.
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
North America Molded fiber Packaging Market Regional Analysis/Insights
The North America 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 North America molded fiber packaging market report are U.S., Canada, and Mexico
U.S. dominates the North America molded fiber packaging market due to the growing demand for molded fiber packaging in this country.
Canada is anticipated to be the fastest developing country in the North America molded fiber packaging market, due to huge demand of the online food service delivery which upsurges the demand of transfer molded products in this country.
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 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 the 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 North America Molded Fiber Packaging Market Share Analysis
The North America 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 North America molded fiber packaging market.
Some of the major players operating in the North America molded fiber packaging market are:
- Brødrene Hartmann A/S (Denmark)
- UFP Technologies Inc, (U.S.)
- Sonoco Products Company (U.S.)
- Genpak LLC (U.S.)
- Eco-Products Inc, (U.S.)
- Pro-Pac Packaging Limited (Australia)
- PrimeWare (U.S.)
- Fabri-Kal (U.S.)
- Henry Molded Product Inc, (U.S.)
- EnviroPAK (U.S.)
- Pacific Pulp Molded Inc, (U.S.)
- Sabert Corporation (U.S.)
- Protopak Engineering Corporation (U.S.)
- Cellulose de la Loire (France)
- Pactiv LLC (U.S.)
- Spectrum Lithograph (U.S.)
- Keiding, Inc. (U.S.)
- DFM Packaging Solutions (South Africa)
- OrCon Industries (U.S.)
- ESCO Technologies Inc. (U.S.)
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