Molded Fiber Pulp Packaging Market Size, Share, Global Analysis and Opportunity Assessment 2019 – 2027
The global expansion of e-commerce, courier, and food delivery services will drive the moulded fibre pulp packaging market over the forecast period. Price fluctuations in wood pulp are expected to limit demand for moulded fibre packaging over the forecast period. Growing R&D investment, particularly in emerging economies, provides an opportunity for the moulded fibre packaging market to expand in the future. Maintaining standard quality will be a challenge for the moulded fibre packaging market in the near future.
Moulded fiber/ pulp packaging is a cost-effective alternative to other types of packaging, which is a major driver of the global moulded fibre pulp packaging market. Another advantage of this packaging type is that it is more durable in humid and hot environments. The vibration absorption capability of moulded fiber/ pulp packaging is also superior to that of other types of packaging. The ease of handling of moulded fibre pulp packed product and the material's environmental friendliness have led to its use as a plastic substitute, which is expected to drive the growth of the global moulded fibre pulp packaging market. Stringent regulations, as well as a growing emphasis on sustainable development by food and beverage and consumer product manufacturers, are expected to drive the growth of the global moulded fibre pulp packaging market.
Players active in the market are UFP Technologies, Inc., ESCO Technologies Inc., Huhtamaki Oyj, Brodrene Hartmann A/S, Henry Molded Products, Inc., ProtoPak Engineering Corporation, EnviroPAK Corporation, Pacific Pulp Molding, LLC, Keiding, Inc., FiberCel Packaging, LLC, Guangxi Qiaowang Pulp Packing Products Co, Ltd., Guangzhou NANYA Pulp Molding Equipment Co., Ltd., Pactiv LLC (Reynolds Group Holdings Ltd.), Spectrum Lithograph, Inc. and Dynamic Fibre Moulding (PTY) Ltd.
Moulded fiber/ pulp packaging is a cost-effective alternative to other types of packaging, which is a major driver of the global moulded fibre pulp packaging market. Another advantage of this packaging type is that it is more durable in humid and hot environments. The vibration absorption capability of moulded fiber/ pulp packaging is also superior to that of other types of packaging. The ease of handling of moulded fibre pulp packed product and the material's environmental friendliness have led to its use as a plastic substitute, which is expected to drive the growth of the global moulded fibre pulp packaging market. Stringent regulations, as well as a growing emphasis on sustainable development by food and beverage and consumer product manufacturers, are expected to drive the growth of the global moulded fibre pulp packaging market.
Players active in the market are UFP Technologies, Inc., ESCO Technologies Inc., Huhtamaki Oyj, Brodrene Hartmann A/S, Henry Molded Products, Inc., ProtoPak Engineering Corporation, EnviroPAK Corporation, Pacific Pulp Molding, LLC, Keiding, Inc., FiberCel Packaging, LLC, Guangxi Qiaowang Pulp Packing Products Co, Ltd., Guangzhou NANYA Pulp Molding Equipment Co., Ltd., Pactiv LLC (Reynolds Group Holdings Ltd.), Spectrum Lithograph, Inc. and Dynamic Fibre Moulding (PTY) Ltd.
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