Molded Fiber Packaging Market Research Report 2018 published By Market Research Future, provides information on Global Molded Fiber Packaging Industry Size, Share, Trends, Growth and Opportunity Assessment, Regional Analysis and Segmentation By Type (Thick-Wall, Transfer, Thermoformed (Thin-Wall), and Processed), By End-Use (Food and Beverages, Electronic, Personal Care, and Others), And By Region – Forecast Till 2023
Molded Fiber Packaging Market Scenario
The global molded fiber packaging market is presumed to expand at 7 % CAGR during the forecast period (2016-2023) owing to the rising demand from the egg packing manufacturers, asserts Market Research Future (MRFR). Also known as molded pulp packaging, molded fiber is used as protective packaging for electronics, food and beverage, and personal care sectors. It is made from 100 percent recycled newsprint and is biodegradable, recyclable, and sustainable. Molded fiber minimizes input and disposal cost compared to petroleum-based and less recyclable materials.
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The noteworthy players operating the global molded fiber packaging market are:
- Henry Moulded Products Inc. (U.S.)
- Heracles Packaging Company SA (Greece)
- Keiding Inc. (U.S.)
- Moulded Fibre Product Ltd. (U.K)
- Hurley Packaging of Texas (U.S.)
- Brødrene Hartmann A/S (Denmark)
- Cullen Packaging Ltd. (U.K)
- Huhtamaki (Finland)
- UFP Technologies Inc. (U.S.)
- EnviroPAK Corporation (U.S.)
November 13, 2018: Huhtamaki is likely to invest around EUR 7 million in its fiber packaging operations in Russia in order to facilitate growth. With the investment, the company wants to expand and modernize the range of egg packaging manufactured in Ivanteevka to match the expectations of its customers in the Nordic and Russian markets.
Huhtamaki changed the name of its Molded Fiber business segment to Fiber Packaging. The new name is taken into use as of April 27, 2017.
Sep 25, 2016: James Cropper Plc launched a new renewable and recyclable molded fiber product, which is aan alternative to plastic packaging.
Drivers and Constraints Impacting the Market
Molded fiber packaging prevents breakage and offers protection during transit across the supply chain. With growing urbanization coupled with rising consciousness for better packaging, the global market for molded fiber packaging is presumed to foster. Also, increasing environmental awareness is likely to trigger the demand for molded fiber packaging. The market is driven by the growing demand from the egg packaging manufacturers. The use of molded fiber packaging in eggs helps to prevent breakage and spoilage of eggs during transportation and distribution. Moreover, the growing adoption of environment-friendly packaging among the end-use industries like electronics and food and beverages is expected to stimulate the market during the review period.
On the flip side, substitutes to molded fiber such as plastics and expanded polystyrene are highly impeding the growth of molded fiber packaging market. Moreover, high capital required to maintain molded fiber equipment is considered to restrict the market growth in the coming years.
Global Molded Fiber Packaging Market: Segmental Analysis
The global molded fiber packaging market has been segmented on the basis of type, end-use, and region.
By mode of type, the global molded fiber packaging market has been segmented into transfer, thick wall, thermoformed, and processed. Among these, the transfer molded segment is presumed to dominate the global market. This segment is manufactured by combining one forming mold with transfer mold. The surfaces are thus smoother on one side and are used as trays or cartons to store eggs.
By mode of end-use, the global molded fiber packaging market has been segmented into electronics, food and beverages, personal care, and others. Among these, the food and beverage segment are considered to account for the largest segment in the market. The growth is mainly due to the introduction of innovative packaging materials in order to avoid food contamination. Moreover, high demand for packaged food due to ease of use and deployment of environmental-friendly products are driving the segment globally.
Geographically, the molded fiber packaging market span across regions namely, North America, Asia Pacific, Europe, and the Middle East and Africa.
Among all the regions, America is considered to be the major revenue contributor during the review period. The growth is due to the rising consumption of packaged food items, junk food, and ready meals owing to the increasing disposable of the consumers in this region. Also, increasing demand for consumer goods, like food and beverages and household products are likely to spur the market growth. Moreover, pressure from the government authorities and growing awareness of biodegradable packaging solutions are expected to foster the market growth in this region.
Asia Pacific region is considered to be one of the major contributors towards the market growth owing to the growing annual disposable income and rapid urbanization. Also, with changing lifestyle and rising consumer influence are some of the other factors likely to offer lucrative opportunities to the growth of the market.
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Scope of Report
The report for Global Molded fiber Packaging Market of Market Research Future comprises extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Table of Contents
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.2 Research Objective
2.3 Research Type
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat of New Entrants
3.1.2 Bargaining Power of Buyers
3.1.3 Threat of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power of Buyers
3.2 Value Chain/supply Chain Analysis
4 Market Dynamics
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends
List Of Tables
Table 1 Global Molded Fiber Packaging Market: By Region, 2017-2023
Table 2 Americas Molded Fiber Packaging Market: By Country, 2017-2023
Table 3 Europe Molded Fiber Packaging Market: By Country, 2017-2023
Table 4 Asia-Pacific Molded Fiber Packaging Market: By Country, 2017-2023
Table 5 Middle East & Africa Molded Fiber Packaging Market: By Country, 2017-2023
Table 6 Global Molded Fiber Packaging Market, By Type , By Regions, 2017-2023
Table 7 Americas Molded Fiber Packaging Market, By Type , By Country, 2017-2023
Table 8 Europe Molded Fiber Packaging Market, By Type , By Country, 2017-2023
Table 9 Asia-Pacific Molded Fiber Packaging Market By Type , By Country, 2017-2023
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