Global Molded Fiber Packaging Market Overview:
Molded fiber (also known as molded pulp) packaging is made from a variety of fibrous materials such as recycled paper, cardboard offcuts or natural fibers (sugarcane bagasse, bamboo, wheat straw). The raw materials help determine the color, surface texture and physical properties of the packaging. The market is highly competitive, with companies offering a wide range of products and custom packaging solutions to suit customer-specific requirements. Notably, molded fiber pulp packaging is effective for temperature sensitive and fragile products in the healthcare industry. The molded fiber packaging market has been experiencing significant growth in past few years.
As per latest study released by AMA Research, the Global Molded Fiber Packaging market is expected to see growth rate of 3.3% and may see market size of USD32940.0 Million by 2028.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
The Increasing Demand of Recycled Molded Fiber Pulp
Market Growth Drivers:
Rising Consumption of Packaged Food & Beverages and Growing Demand for Sustainable Packaging are Driver for the Market Growth
Challenges:
A Key Challenge in Global Molded Fiber Packaging Market is Ensuring a Consistent and Sustainable Supply of Raw Material and Variability in Material Quality can Impact on Product Quality
Restraints:
Different Concerns Related to Environment Create a Interruptions to Manufacture the High-Quality Molded Fiber Pulp and Fluctuation in the Prices of Raw Materials
Opportunities:
The Growing E-commerce Industry Present a Significant Opportunity for Molded Fiber Packaging. Its Protective Qualities Makes it well suited for Shipping Fragile Items, Reducing Risk of Damage During Transport
Competitive Landscape:
The global molded fiber packaging market is fragmented, with large and medium size players accounting for the majority of market profits. Many players are arranging various strategies, entering into merger and acquisition and introducing more effective molded fiber pulp.
Some of the key players profiled in the report are International Paper (United States), Smurfit Kappa Group (Ireland), Georgia-Pacific (United States), WestRock Company (United States), Stora Enso Oyj (Finland), DS Smith plc (United Kingdom), Huhtamaki Oyj (Finland), Sonoco (United States), Pratt Industries, Inc. (United States) and Kapstone Paper & Packaging Corporation (United States). Additionally, following companies can also be profiled that are part of our coverage like Rengo Co., Ltd. (Japan), Mondi plc (United Kingdom), U.S. Corrugated, Inc. (United States), UFP Technologies, Inc. (United States) and PulPac AB (Sweden). Analyst at AMA Research see United States Vendors to retain maximum share of Global Molded Fiber Packaging market by 2028. Considering Market by End User Industry, the sub-segment i.e. Food & Beverage will boost the Molded Fiber Packaging market. Considering Market by Distribution Channel, the sub-segment i.e. Foodservice will boost the Molded Fiber Packaging market. Considering Market by Product, the sub-segment i.e. Corrugated Boxes will boost the Molded Fiber Packaging market. Considering Market by Source, the sub-segment i.e. Wood Pulp will boost the Molded Fiber Packaging market.
Latest Market Insights:
In March 2022, Solenis, a leading producer of specialty chemicals announced partnership with PulPac, a fiber forming technology available to create a new and competitive standard in sustainable packaging. The partnership will help Solenis to create molded fiber packaging.
In June 2022, Huhtamaki is expanding its Hammond, Indiana molded fiber unit, offering sustainable, recyclable packaging from 100% recycled North American materials, targeting improved performance and reduced environment impact.
What Can be Explored with the Molded Fiber Packaging Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Molded Fiber Packaging Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Molded Fiber Packaging
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Molded Fiber Packaging market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Molded Fiber Packaging market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Molded Fiber Packaging Manufacturer, End User, Government Bodies, Suppliers & Distributors, Research Organization, New Entrances, Raw Material Providers and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.