The Molded Pulp Packaging Market size was USD 5496.47 million in 2023 and is expected to Reach USD 9802.84 million by 2031 and grow at a CAGR of 7.5 % over the forecast period of 2024-2031.
The molded pulp packaging market refers to the industry involve in production and distribution of products which are made from the molded pulp materials such as wood pulp or non-wood pulp materials. This can be used as a very good alternative to traditional way of packaging. Most of the molded pulp packaging products are made from recycled paper or cardboard which are mixed with water and then molded into various shapes. This type of packaging is of more useful since they are more helpful in protection of many Electronic Packaging products, healthcare products. Also, this packaging can be further recycling and is eco-friendly.
Get More Information on Molded Pulp Packaging Market - Request Sample Report
Non wood pulp packaging market showing growth in forecast period. This packaging market is growing since this is leading to less deforestation as no trees are harmed for making non wood pulps. Cost is reduced, it is affordable and availability of Sources also high hence gaining popularity.
KEY DRIVERS:
• Sustainability of Molded Pulp
Molded fiber pulp is made from recyclable material. Since sustainable and eco-friendly method is used this is generating huge market. Research and development for molded pulp packaging is needed so as to give comfort in packaging of electric, food items and to minimize the damage level during transportation of this products.
• Regulatory Initiatives
• Advantages in Protective Packaging
• Cost-Effectiveness
RESTRAIN:
• Regulatory compliances
Due to increase in environmental concerns governments have imposed many policies for reducing the waste material.
• Fragile and water sensitive
• Manufacturing complexity
OPPORTUNITY:
• Growth of market in Asia Pacific Region
Asia Pacific Region will show high growth rate of molded pulp packaging market. India, China are emerging economies which have logistic opportunity of molded pulp packaging which help in protection of various products available in market mostly which are fragile. The regions of India, China, Brazil have raw materials available required for the molded pulp packaging market. Since use of gadgets is high in Indian market and China is the largest manufacturer of electronic gadgets, this is growing opportunity for the market of molded pulp packaging.
• Expansion in emerging markets of Brazil, China and India.
• Rise in e-commerce market for deliveries of products.
CHALLENGES:
• Unavailability of Raw Materials
Due to rise in deforestation there is less availability of raw materials in the market. Hence this is leading to rise in prices of raw materials. Manufacturers are shifting towards the non-wood pulp packaging but this is requiring research and development to make the packaging look attractive and create demand in the market.
• Production capacity and infrastructure.
Decreased consumer spending has affected the packaging market. Less consumer spending is leading to less demand and less sales. Increase in raw material prices for molded pulp packaging is affecting consumers as they are looking for more affordable packaging material which is cost efficient and will overall profitable.
Companies are least interested in investment in research and development due to recession, less investment new innovations, manufacturing machinery is affecting the overall growth of molded pulp manufacturing market.
Covid 19 has showed positive as well as negative impact on the molded pulp packaging market. Demand for the sustainable packaging has increased in covid 19, this happened due to increased consumer awareness.
Lockdown was imposed and movement of consumers was restricted, so there was growth of e commerce industry. There was seen a rise of molded pulp packaging market. Molded pulp packaging is in huge demand for food products, since this packaging is considered to be safe and hygienic, this also led to the rise in molded pulp packaging market.
Covid 19 also showed negative impact on molded pulp packaging market. Supply chain was disrupted, trade restrictions were imposed so there was drop in market. Manufacturing was less since people were not allowed to work together.
By Source
• Wood Pulp
• Non-Wood Pulp
By Molded type
• Thick Wall
• Transfer
• Thermoformed
• Processed
By Product
• Trays
• End Caps
• Bowls & Cups
• Clamshells
• Plates
• Others
By Application
• Food Service
• Electronics
• Healthcare
• Industrial
• Others
Get Customized Report as per Your Business Requirement - Request For Customized Report
Asia pacific region was holding largest market share of around 40-41% in the year 2023, India, China and Japan contributed the most in this region.
India and China contributed much in electronics as well as food industry. There is huge demand in this industry for Molded pulp packaging.
North America Region is second largest contributor to this molded pulp packaging market.
North America
• USA
• Canada
• Mexico
Europe
• Germany
• UK
• France
• Italy
• Spain
• The Netherlands
• Rest of Europe
Asia-Pacific
• Japan
• South Korea
• China
• India
• Australia
• Rest of Asia-Pacific
The Middle East & Africa
• Israel
• UAE
• South Africa
• Rest of the Middle East & Africa
Latin America
• Brazil
• Argentina
• Rest of Latin American
In July 2022, Europe’s major straw producing company made deal to replace plastic with molded fiber.
Rochester, New York grocery retain chain Wegmans, which is holding 100 stores, in various state has adopted packaging of eggs in molded fiber.
The major key players in molded pulp packaging market are Genpak LLC, Brodrene Hartmann A/S, Sabert Corporation, Fabri-Kal, Eco-Products Inc, Huhtamaki Oyj, Hentry Molded Products Inc, Thermoform Engineered Quality LLC, Pro-Pac Packaging Limited, CKF Inc and other players.
| Report Attributes | Details |
| Market Size in 2023 | US$ 5496.47 Mn |
| Market Size by 2031 | US$ 9802.84 Mn |
| CAGR | CAGR of 7.5 % From 2024 to 2031 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Source (Wood Pulp, Non-Wood Pulp) • By Molded Type (Thick Wall, Transfer, Thermoformed, Processed) • By Product (Trays, End Caps, Bowls & Cups, Clamshells, Plates, Others) • By Application (Food packaging, Food Service, Electronics, Healthcare, Industrial, Others) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Genpak LLC, Brodrene Hartmann A/S, Sabert Corporation, Fabri-Kal, Eco-Products Inc, Huhtamaki Oyj, Hentry Molded Products Inc, Thermoform Engineered Quality LLC, Pro-Pac Packaging Limited, CKF Inc and other |
| Key Drivers | • Sustainability of Molded Pulp |
| Market Opportunities | • Growth of market in Asia Pacific Region |
Molded Pulp Packaging Market is expected to grow at a CAGR of 7.5 % over the forecast period of 2024-2031.
Molded Pulp Packaging Market size was USD 5496.47 million in 2023 and is expected to Reach USD 9802.84 million by 2031.
The major key players in molded pulp packaging market are Genpak LLC, Brodrene Hartmann A/S, Sabert Corporation, Fabri-Kal, Eco-Products Inc, Huhtamaki Oyj, Hentry Molded Products Inc, Thermoform Engineered Quality LLC, Pro-Pac Packaging Limited, CKF Inc and other players.
Asia pacific region was holding largest market share of around 40-41% in the year 2023, India, China and Japan contributed the most in this region followed by North America Region.
Sustainability of Molded Pulp is major key driver for the molded pulp packaging market.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of Ongoing Recession
4.2 Impact of Covid-19
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Molded Pulp Packaging Market Segmentation, By Raw Material
8.1 Wood Pulp
8.2 Non-Wood Pulp
9. Molded Pulp Packaging Market Segmentation, By Molded Type
9.1 Thick Wall
9.2 Transfer
9.3 Thermoformed
9.4 Processed
10. Molded Pulp Packaging Market Segmentation, By Product
10.1 Trays
10.2 End Caps
10.3 Bowls & Cups
10.4 Clamshells
10.5 Plates
10.6 Others
11. Molded Pulp Packaging Market Segmentation, By Application
11.1 Food packaging
11.2 Food Service
11.3 Electronics
11.4 Healthcare
11.5 Industrial
11.6 Others
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 North America Molded Pulp Packaging Market by Country
12.2.2 North America Molded Pulp Packaging Market By Raw Material
12.2.3 North America Molded Pulp Packaging Market By Molded Type
12.2.4 North America Molded Pulp Packaging Market By Product
12.2.5 North America Molded Pulp Packaging Market By Application
12.2.6 USA
12.2.6.1 USA Molded Pulp Packaging Market By Raw Material
12.2.6.2 USA Molded Pulp Packaging Market By Molded Type
12.2.6.3 USA Molded Pulp Packaging Market By Product
12.2.6.4 USA Molded Pulp Packaging Market By Application
12.2.7 Canada
12.2.7.1 Canada Molded Pulp Packaging Market By Raw Material
12.2.7.2 Canada Molded Pulp Packaging Market By Molded Type
12.2.7.3 Canada Molded Pulp Packaging Market By Product
12.2.7.4 Canada Molded Pulp Packaging Market By Application
12.2.8 Mexico
12.2.8.1 Mexico Molded Pulp Packaging Market By Raw Material
12.2.8.2 Mexico Molded Pulp Packaging Market By Molded Type
12.2.8.3 Mexico Molded Pulp Packaging Market By Product
12.2.8.4 Mexico Molded Pulp Packaging Market By Application
12.3 Europe
12.3.1 Europe Molded Pulp Packaging Market by Country
1.3.3.2 Europe Molded Pulp Packaging Market By Raw Material
12.3.3 Europe Molded Pulp Packaging Market By Molded Type
12.3.4 Europe Molded Pulp Packaging Market By Product
12.3.5 Europe Molded Pulp Packaging Market By Application
12.3.6 Germany
12.3.6.1 Germany Molded Pulp Packaging Market By Raw Material
12.3.6.2 Germany Molded Pulp Packaging Market By Molded Type
12.3.6.3 Germany Molded Pulp Packaging Market By Product
12.3.6.4 Germany Molded Pulp Packaging Market By Application
12.3.7 UK
12.3.7.1 UK Molded Pulp Packaging Market By Raw Material
12.3.7.2 UK Molded Pulp Packaging Market By Molded Type
12.3.7.3 UK Molded Pulp Packaging Market By Product
12.3.7.4 UK Molded Pulp Packaging Market By Application
12.3.8 France
12.3.8.1 France Molded Pulp Packaging Market By Raw Material
12.3.8.2 France Molded Pulp Packaging Market By Molded Type
12.3.8.3 France Molded Pulp Packaging Market By Product
12.3.8.4 France Molded Pulp Packaging Market By Application
12.3.9 Italy
12.3.9.1 Italy Molded Pulp Packaging Market By Raw Material
12.3.9.2 Italy Molded Pulp Packaging Market By Molded Type
12.3.9.3 Italy Molded Pulp Packaging Market By Product
12.3.9.4 Italy Molded Pulp Packaging Market By Application
12.3.10 Spain
12.3.10.1 Spain Molded Pulp Packaging Market By Raw Material
12.3.10.2 Spain Molded Pulp Packaging Market By Molded Type
12.3.10.3 Spain Molded Pulp Packaging Market By Product
12.3.10.4 Spain Molded Pulp Packaging Market By Application
12.3.12 The Netherlands
12.3.12.1 Netherlands Molded Pulp Packaging Market By Raw Material
12.3.12.2 Netherlands Molded Pulp Packaging Market By Molded Type
12.3.12.3 Netherlands Molded Pulp Packaging Market By Product
12.3.12.4 Netherlands Molded Pulp Packaging Market By Application
12.3.12 Rest of Europe
12.3.12.1 Rest of Europe Molded Pulp Packaging Market By Raw Material
12.3.12.2 Rest of Europe Molded Pulp Packaging Market By Molded Type
12.3.12.3 Rest of Europe Molded Pulp Packaging Market By Product
12.3.12.4 Rest of Europe Molded Pulp Packaging Market By Application
12.4 Asia-Pacific
12.4.1 Asia Pacific Molded Pulp Packaging Market by Country
12.4.2 Asia Pacific Molded Pulp Packaging Market By Raw Material
12.4.3 Asia Pacific Molded Pulp Packaging Market By Molded Type
12.4.4 Asia Pacific Molded Pulp Packaging Market By Product
12.4.5 Asia Pacific Molded Pulp Packaging Market By Application
12.4.6 Japan
12.4.6.1 Japan Molded Pulp Packaging Market By Raw Material
12.4.6.2 Japan Molded Pulp Packaging Market By Molded Type
12.4.6.3 Japan Molded Pulp Packaging Market By Product
12.4.6.4 Japan Molded Pulp Packaging Market By Application
12.4.7 South Korea
12.4.7.1 South Korea Molded Pulp Packaging Market By Raw Material
12.4.7.2 South Korea Molded Pulp Packaging Market By Molded Type
12.4.7.3 South Korea Molded Pulp Packaging Market By Product
12.4.6.4 South Korea Molded Pulp Packaging Market By Application
12.4.8 China
12.4.8.1 China Molded Pulp Packaging Market By Raw Material
12.4.8.2 China Molded Pulp Packaging Market By Molded Type
12.4.8.3 China Molded Pulp Packaging Market By Product
12.4.8.4 China Molded Pulp Packaging Market By Application
12.4.9 India
12.4.9.1 India Molded Pulp Packaging Market By Raw Material
12.4.9.2 India Molded Pulp Packaging Market By Molded Type
12.4.9.3 India Molded Pulp Packaging Market By Product
12.4.9.4 India Molded Pulp Packaging Market By Application
12.4.10 Australia
12.4.10.1 Australia Molded Pulp Packaging Market By Raw Material
12.4.10.2 Australia Molded Pulp Packaging Market By Molded Type
12.4.10.3 Australia Molded Pulp Packaging Market By Product
12.4.10.4 Australia Molded Pulp Packaging Market By Application
12.4.12 Rest of Asia-Pacific
12.4.12.1 APAC Molded Pulp Packaging Market By Raw Material
12.4.12.2 APAC Molded Pulp Packaging Market By Molded Type
12.4.12.3 APAC Molded Pulp Packaging Market By Product
12.4.12.4 APAC Molded Pulp Packaging Market By Application
12.5 The Middle East & Africa
12.5.1 The Middle East & Africa Molded Pulp Packaging Market by Country
12.5.2 The Middle East & Africa Molded Pulp Packaging Market By Raw Material
12.5.3 The Middle East & Africa Molded Pulp Packaging Market By Molded Type
12.5.4 The Middle East & Africa Molded Pulp Packaging Market By Product
12.5.5 The Middle East & Africa Molded Pulp Packaging Market By Application
12.5.6 Israel
12.5.6.1 Israel Molded Pulp Packaging Market By Raw Material
12.5.6.2 Israel Molded Pulp Packaging Market By Molded Type
12.5.6.3 Israel Molded Pulp Packaging Market By Product
12.5.6.4 Israel Molded Pulp Packaging Market By Application
12.5.7 UAE
12.5.7.1 UAE Molded Pulp Packaging Market By Raw Material
12.5.7.2 UAE Molded Pulp Packaging Market By Molded Type
12.5.7.3 UAE Molded Pulp Packaging Market By Product
12.5.7.4 UAE Molded Pulp Packaging Market by Application
12.5.8 South Africa
12.5.8.1 South Africa Molded Pulp Packaging Market By Raw Material
12.5.8.2 South Africa Molded Pulp Packaging Market By Molded Type
12.5.8.3 South Africa Molded Pulp Packaging Market By Product
12.5.8.4 South Africa Molded Pulp Packaging Market By Application
12.5.9 Rest of Middle East & Africa
12.5.9.1 Rest of Middle East & Asia Molded Pulp Packaging Market By Raw Material
12.5.9.2 Rest of Middle East & Asia Molded Pulp Packaging Market By Molded Type
12.5.9.3 Rest of Middle East & Asia Molded Pulp Packaging Market By Product
12.5.9.4 Rest of Middle East & Asia Molded Pulp Packaging Market By Application
12.6 Latin America
12.6.1 Latin America Molded Pulp Packaging Market by Country
12.6.2 Latin America Molded Pulp Packaging Market By Raw Material
12.6.3 Latin America Molded Pulp Packaging Market By Molded Type
12.6.4 Latin America Molded Pulp Packaging Market By Product
12.6.5 Latin America Molded Pulp Packaging Market By Application
12.6.6 Brazil
12.6.6.1 Brazil Molded Pulp Packaging Market By Raw Material
12.6.6.2 Brazil Africa Molded Pulp Packaging Market By Molded Type
12.6.6.3 Brazil Molded Pulp Packaging Market By Product
12.6.6.4 Brazil Molded Pulp Packaging Market By Application
12.6.7 Argentina
12.6.7.1 Argentina Molded Pulp Packaging Market By Raw Material
12.6.7.2 Argentina Molded Pulp Packaging Market By Molded Type
12.6.7.3 Argentina Molded Pulp Packaging Market By Product
12.6.7.4 Argentina Molded Pulp Packaging Market By Application
12.6.8 Rest of Latin America
12.6.8.1 Rest of Latin America Molded Pulp Packaging Market By Raw Material
12.6.8.2 Rest of Latin America Molded Pulp Packaging Market By Molded Type
12.6.8.3 Rest of Latin America Molded Pulp Packaging Market By Product
12.6.8.4 Rest of Latin America Molded Pulp Packaging Market By Application
13. Company Profile
13.1 Genpak LLC
13.1.1 Market Overview
13.1.2 Financials
13.1.3 Product/Services/Offerings
13.1.4 SWOT Analysis
13.1.5 The SNS View
13.2 Brodrene Hartmann A/S
13.2.1 Market Overview
13.2.2 Financials
13.2.3 Product/Services/Offerings
13.2.4 SWOT Analysis
13.2.5 The SNS View
13.3 Sabert Corporation
13.3.1 Market Overview
13.3.2 Financials
13.3.3 Product/Services/Offerings
13.3.4 SWOT Analysis
13.3.5 The SNS View
13.4 Fabri-Kal
13.4.1 Market Overview
13.4.2 Financials
13.4.3 Product/Services/Offerings
13.4.4 SWOT Analysis
13.4.5 The SNS View
13.5 Eco-Products Inc
13.5.1 Market Overview
13.5.2 Financials
13.5.3 Product/Services/Offerings
13.5.4 SWOT Analysis
13.5.5 The SNS View
13.6 Huhtamaki Oyj
13.6.1 Market Overview
13.6.2 Financials
13.6.3 Product/Services/Offerings
13.6.4 SWOT Analysis
13.6.5 The SNS View
13.7 Hentry Molded Products Inc
13.7.1 Market Overview
13.7.2 Financials
13.7.3 Product/Services/Offerings
13.7.4 SWOT Analysis
13.7.5 The SNS View
13.8 Thermoform Engineered Quality LLC
13.8.1 Market Overview
13.8.2 Financials
13.8.3 Product/Services/Offerings
13.8.4 SWOT Analysis
13.8.5 The SNS View
13.9 Pro-Pac Packaging Limited
13.9.1 Market Overview
13.9.2 Financials
13.9.3 Product/Services/Offerings
13.9.4 SWOT Analysis
13.9.5 The SNS View
13.10 CKF Inc and other players
13.10.1 Market Overview
13.10.2 Financials
13.10.3 Product/Services/Offerings
13.10.4 SWOT Analysis
13.10.5 The SNS View
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments
15. USE Cases and Best Practices
16. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
The Rigid Plastic Packaging Market size was USD 147282.50 million in 2023 and is expected to Reach USD 224324.15 million by 2031 and grow at a CAGR of 5.4 % over the forecast period of 2024-2031.
The Transit Packaging Market size was USD 68.84 billion in 2022 and is expected to Reach USD 185.61 billion by 2030 and grow at a CAGR of 13.2 % over the forecast period of 2023-2030.
In 2023, Folding Carton Packaging Market was USD 167.01 billion and is expected to increase to USD 239.33 billion in 2031, growing at a compound annual growth rate of 4.6% between 2024 and 2031.
The Cosmetic Bottle Packaging Market Size was valued at USD 30.20 billion in 2023 and is expected to reach USD 41.81 billion by 2031 and grow at a CAGR of 4.15 % over the forecast period 2024-2031.
The Packer Bottle Market size was USD 5.30 billion in 2022 and is expected to Reach USD 8.07 billion by 2030 and grow at a CAGR of 5.4 % over the forecast period of 2023-2030.
The Box And Carton Overwrap Film Market size was USD 12.18 billion in 2023 and is expected to Reach USD 16.42 billion by 2031 and grow at a CAGR of 3.8% over the forecast period of 2024-2031.
Hi! Click one of our member below to chat on Phone
© 2024 All Rights Reserved by SNS Insider Pvt Ltd
