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Boost the growth of the global molded fiber packaging market at a CAGR of 6.80% during the forecast period of 2022 to 2030.

Market Research Future (MRFR) has published a cooked research report on the “Global Molded Fiber Packaging Market” that contains the information from 2022 to 2030.The molded fiber packaging market is expected to register a CAGR of 6.80% during the forecast period.


MRFR recognizes the following companies as the key players in the global molded fiber packaging market— Huhtamäki Oyj (Europe), Brødrene Hartmann A/S (Europe), UFP Technologies, Inc. (US), Henry Molded Products Inc. (US), Robert Cullen Ltd (UK), Pacific Pulp Molding, Inc. (US), EnviroPAK (US), Heracles Packaging Co. S.A. (Europe), Primapack SAE (Egypt), and Keiding, Inc. (US) among others.


Market Highlights


The global molded fiber packaging market is expected to register a CAGR of 6.80% during the forecast period and is expected to hit USD 3431.45 million by 2030.


The global molded fiber packaging market is driven by various factors, such as growing demand in end-use industries and use of sustainable, environment-friendly, protective packaging solutions. However, inefficient raw material sourcing and management might hamper market growth during the forecast period. The global molded fiber packaging market is expected to grow at 4.90% CAGR during the forecast period.


Segment Analysis


The global molded fiber packaging market is mainly segmented into product, type, source, and end use. On the basis of product, the molded fiber packaging market has been sub-segmented into up to trays, clamshell containers, boxes, and end caps. On the basis of type, the molded fiber packaging market has been sub-segmented into transfer molded, thick-wall, thermoformed fiber, and processed pulp. On the basis of source, the molded fiber packaging market has been segmented into wood pulp and non-wood pulp. On the basis of end use, the molded fiber packaging market has been segmented into food & beverage, electronics, personal care, and healthcare.


Regional Analysis


The global molded fiber packaging market has been segmented on the basis of region into North America, Europe, Asia-Pacific, Middle East & Africa and South America. The North American market is further divided into the US, Canada, and Mexico. The European molded fiber packaging market has been segmented into Germany, France, the UK, Italy, Spain, and the rest of Europe. The molded fiber packaging market in Asia-Pacific has been segmented into China, India, Japan, and the rest of Asia-Pacific. The Middle East & Africa micro molded fiber packaging market includes UAE, Saudi Arabia, South Africa, and Rest of Middle East & Africa. The South American market is further divided into Brazil, Argentina, and Rest of South America.


Asia-Pacific comprises countries such as China, Japan, India, and the rest of Asia-Pacific. The electronics manufacturing market in the industry is expected to grow rapidly during the forecast period due to the presence of a large number of OEMs in the region. The low cost and the availability of raw materials and labor bodes well for the industry in the region. Additionally, Asia-Pacific is also the fastest-growing region in terms of the food & beverage industry. Over the years, it is being observed that the region is emerging as a global automotive hub. It has become a major consumer and supplier of automobiles. As molded fiber packaging products are used for maintaining the freshness, extending the shelf life, and reducing spoilage and wastage of products. They can be molded in any three-dimensional shape. All these factors cumulatively contribute to the growth of the molded fiber packaging market in Asia-Pacific.


The Middle East & Africa comprises Saudi Arabia, the UAE, South Africa, and the rest of the Middle East & Africa. The region hosts several molded fiber packaging players, including Primapack SAE and Huhtamäki Oyj. These players primarily focus on strengthening their presence in the region by offering high-quality, molded fiber packaging products. Moreover, growing pharmaceutical and food & beverage industries in the region are some of the key factors that are expected to contribute to the growth of the molded fiber packaging market during the forecast period.


Key Findings of the Study



  • The global molded fiber packaging market is expected to reach USD 4,914.9 million by 2025 at a CAGR of 4.90% during the forecast period.

  • The Asia-Pacific region accounted for the largest share of 71% in the global market in 2018, which is majorly attributed to use of sustainable, environment-friendly protective packaging solutions.

  • Based on product, the trays segment is expected to register a CAGR of 56% during the forecast period.

  • Based on type, the transfer molded segment dominated the market with a share of 51.16% in 2018.

  • Based on source, the wood pulp segment is anticipated to reach USD 3,434.0 million during the forecast period.

  • Based on end use, the food & beverage segment accounted for the largest market share of 44.95% in the global market in 2018.

  • Some of the key players operating in the molded fiber packaging market are Huhtamäki Oyj (Europe), Brødrene Hartmann A/S (Europe), UFP Technologies, Inc. (US), Henry Molded Products Inc. (US), Robert Cullen Ltd (UK), Pacific Pulp Molding, Inc. (US), EnviroPAK (US), Heracles Packaging Co. S.A. (Europe), Primapack SAE (Egypt), and Keiding, Inc., (US) among others.


Read Full Information about this Report: Molded Fiber Packaging Industry

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Report details
Companies Covered 15
Pages 153
Certified Global Research Member
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