Reports and Insights has published a new report titled, “Molded Fiber Pulp Packaging Market: Opportunity Analysis and Future Assessment 2022-2030” analysed by Product Type (Trays, Drink Carriers, Boxes, End Caps, Plates, Bowls, Cups, Clamshell Containers), By Molded Pulp Type (Thick wall, Transfer Molded, Thermoformed Fiber, Processed Pulp), By Application (Primary Packaging, Secondary Packaging, Edge Protectors), By End Use (Consumer Durables, Food & Beverage (Egg Packaging, Wine Packaging, Fruit Packaging, Others), Cosmetics, Food Services, Healthcare, Automotive, Logistics, Others) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, & Africa) is expected to grow at a significant CAGR for the period between 2020 and 2028.
The global molded fiber pulp packaging market in 2020 was valued for US$ 7,241.7 Mn and expected to reach a value of US$ xxxx Mn by 2030 with a significant CAGR of xx%.
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Reports & Insights Overview
A molded fiber pulp packaging can be perceived as highly versatile packaging and can be employed not just for luxury products but as a protective cover for consumables such as food, plates, trays, bowls, and a whole lot more. It is requisite to consume biodegradable packaging substances for exclusive consumption products, for instance, food. According to the Sustainable Packaging Coalition, molded fiber packaging has been known as a sustainable packaging material, given that it can be re-utilized and decomposable.
With the technological upgrades and advancements of pulp manufacturing and molded fiber, outcomes are an exquisite sophistication that further adds an extra dimension of intrigue to the unwrapping experience.
Molded fiber packaging is, in present times, employed for everything starting from regular egg cartons to luxury packaging for premium brands. As society emphasizes safeguarding the environment, molded fiber packaging is obtaining approval and popularity for its appealing quality of being an absolute sustainable alternative. Owing to this, the molded fiber pulp packaging is witnessing higher demand all across the markets, thereby projected to offer considerable breakthroughs to the market growth over the forthcoming years.
The growing demand for sustainable and protective packaging solutions and a rising count of stringent regulations by governments concerning a safe and clean environment is further expected to contribute positively to the growth of the global molded fiber pulp packaging market in the following years.
Having said that, constant fluctuation in the costs of wood pulp is likely to slow down the market growth shortly. Nevertheless, the rising investments in R&D activities are further acting as a lucrative opportunity for the future development of the global molded fiber pulp packaging market over the coming years.
To view Top Players, Segmentation and other Statistics of Molded Fiber Pulp Packaging Industry, Read Report Description: https://reportsandinsights.com/pressrelease/molded-fiber-pulp-packaging-market
Molded Fiber Pulp Packaging Market Segmentation
The global molded fiber pulp packaging market is segmented on the basis of product type, application, end use, molded pulp type, and region
By Product Type
- Trays
- Drink Carriers
- Boxes
- End Caps
- Plates
- Bowls
- Cups
- Clamshell Containers
By Molded Pulp Type
- Thick wall
- Transfer Molded
- Thermoformed Fiber
- Processed Pulp
By Application
- Primary Packaging
- Secondary Packaging
- Edge Protectors
By End Use
- Consumer Durables
- Food & Beverage
- Egg Packaging
- Wine Packaging
- Fruit Packaging
- Others
- Cosmetics
- Food Services
- Healthcare
- Automotive
- Logistics
- Others
By Region
- North America
- Latin America
- Asia Pacific
- Europe
- Middle East
- Africa
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Molded Fiber Pulp Packaging Market Key Players
Reports and Insights Study identifies some of the key participating players in the molded fiber pulp packaging market globally are UFP Technologies, Inc., PulpWorks, Inc., PulPac, AR Packaging, HUHTAMAKI GLOBAL, Hartmann, Sonoco, EnviroPAK, Nippon Molding, CDL Omni-Pac, Vernacare, Pactiv, among others.
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