Molded Pulp Packaging Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2019 To 2027

Key Market Insights

“Rising demand for recyclable materials packaging solutions worldwide will boost market growth”

The global molded pulp packaging market is rising significantly, anticipated to expand at a CAGR of 4.5% during the estimated period from 2019 to 2027, starting from US$ 3.3 Bn in 2018.

The molded pump market is majorly driven by a shift in consumer preference towards eco-friendly & recyclable materials along with growing disposable income globally. Increasing demand for sustainable and reusable packaging from numerous end-users (such as healthcare, electronics, food packaging, and others) is expected to drive the market over the forecast period. Growing investments in research & development activities accompanied by the rising demand for molded pulp packaging from emerging nations is anticipated to drive the market during the forecast period. Sustainability of molded pulp packaging is another factor projected to support the market growth in years to come. Ban on single-use plastic and other plastic packaging solutions across the world is expected to further enhance the market throughout the forecast period. A surge in the use of molded pulp packaging for fresh fruits owing to its features (such as oil & water-resistant and odorless) and growing demand from the beverage industry are some other key reasons projected to drive the market over the forecast period. However, stringent regulations for the recycling process and variations in raw material prices are expected to hinder the market growth in years to come.

Source Type Analysis

“Wood Pulp segment to continue its dominance”

The wood pulp segment dominated the global market in 2018 owing to low cost and rising demand from foodservice packaging solutions. The availability of virgin wood and waste paper at low cost is projected to drive market growth. Biodegradable, recyclable, sustainable, and others are some benefits of the wood pulp segment, expected to support the segment growth over the forecast period. The wood pulp segment is projected to continue its dominant position over the forecast period.

On the other flip, the non-wood pulp segment is anticipated to grow at the fastest CAGR throughout the forecast period. The wide availability of non-wood pulp sources such as sugarcane bagasse, reeds, kenaf, corn stalks, cereal straws, and others is projected to drive the market in years to come.

End-user Analysis

“Increasing the electronics industry to spur the segment growth”

The electronics segment anticipated growing with the highest CAGR during the forecast period. The rising electronics industry and the growing trend of using recyclable packaging solutions are some of the major factors projected to drive the segment growth during the forecast period. The need for damage protection packaging across storage & transportation in the electronics sector is another factor anticipated to enhance the segment growth during the forecast period.

Regional Analysis

“The rising demand for molded pulp packaging to spur the Asia Pacific growth”

The Asia Pacific has a high share in the global market in 2018 owing to the surge in demand for molded pulp packaging from emerging nations such as India & China and rising healthcare, electronics, and food packaging industry in the aforementioned nations. A rapid shift in urbanization coupled with rising preference for convenient, safe, and healthy packaging are some other factors expected to drive the segment growth over the forecast period. The growing packaging industry in numerous countries such as Indonesia, Bangladesh, and others due to the availability of cheap labor is one of the prominent factors for regional growth during the forecast period.

List of Companies Covered:

• Brødrene Hartmann A/S
• Cellulose de la Loire
• Protopak Engineering Corporation
• Pacific Pulp Molded
• Sabert Corporation
• UFP Technologies
• EnviroPAK Corporation
• Thermoformed engineered Quality
• Henry Molded Products
• Genpak LLC

Historical & Forecast Period

This study report represents analysis for each segment from 2017 to 2027 considering 2018 to be the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period from 2019 to 2027.

The current report also comprehends qualitative and qualitative market valuation factors such as key market drivers, market trends, restraints, and opportunities that give a better market understanding of the overall molded pulp packaging market. Additionally, the global report also comprises a graphical representation of a competitive landscape based on their market initiatives and strategies, product portfolio, and business strengths.

Key questions answered in this report

• What are the current market trends and dynamics in the molded pulp packaging market and valuable opportunities for emerging players?
• Which segment accounts for the fastest CAGR during the forecast period?
• What are the drivers of the molded pulp packaging market?
• Notable developments going on in the molded pulp packaging market.
• What is the market trend and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• A comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)

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