The molded fiber packaging market size has the potential to grow by USD 4.56 billion during 2021-2025, and the market's growth momentum will accelerate at a CAGR of 8.30%.
This report provides a detailed analysis of the market by end-user (food and beverage, consumer durables and electronic goods, automotive, home and personal care, and others), geography (APAC, Europe, MEA, North America, and South America), and key vendors.
Market Overview
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Market Competitive Analysis
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
- EnviroPAK Corp.
- ESCO Technologies Inc.
- Henry Molded Products Inc.
- Heracles Packaging Co. SA
- Huhtamäki Oyj
- Orcon Industries Corp.
- Paul Hartmann AG
- Pactiv LLC
- ProtoPak Engineering Corp.
- UFP Technologies Inc.
The molded fiber packaging market is fragmented and the vendors are deploying growth strategies such as M&A to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
The market players also significantly leverage external market drivers such as rising consumption of eggs to achieve growth opportunities. However, factors such as availability of substitutes will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the molded fiber packaging market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies,
This molded fiber packaging market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of their future growth opportunities.
Molded Fiber Packaging Market: Key Drivers and Trends
- With the rising consumption of eggs, the demand for molded fiber packaging will increase in the coming years, driving market growth.
- Molded fiber packaging provides optimal protection thereby minimizing the breakage of products throughout the entire supply chain including transportation, distribution, and storage. As a result, it is extensively used in egg packaging.
- The adoption of molded fiber packaging prevents the loss of quality, loss of moisture, and rotting of eggs.
- Trays, cartons, and family packs are some of the types of molded fiber packaging used for eggs.
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- The growing popularity of recycled packaging is a significant factor fueling molded fiber packaging market growth.
- There has been a rise in health concerns due to the pollution caused by the mismanagement of packaging waste around the world.
- Vendors are adopting recycled packaging, which reduces the harmful environmental and health impact, to address these concerns.
- The packaging market is observing an increase in the use of eco-friendly packaging options such as molded fibers.
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Molded Fiber Packaging Market: Segmentation by Geography
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34% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for molded fiber packaging in APAC. Market growth in this region will be faster than the growth of the market in other regions.
The growth of the foodservice market is one of the prime factors that will facilitate the molded fiber packaging market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
Molded Fiber Packaging Market: Segmentation by End-user
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Molded packaging materials are primarily used for secondary and tertiary packaging to add extra cushioning during the transit of food and beverage products. Thus, the rise in demand for food and beverages is expected to increase the demand for molded fiber packaging globally.
This report provides an accurate prediction of the contribution of all the segments to the growth of the molded fiber packaging market size. Fetch actionable market insights on post COVID-19 impact on each segment.
You may be interested in the regional reports:
Americas Molded Fiber Packaging market - The market share will grow by USD 1.03 billion during 2018-2022.
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Molded Fiber Packaging Market: Key Highlights of the Report for 2021-2025
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive molded fiber packaging market growth during the next five years
- Precise estimation of the molded fiber packaging market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the molded fiber packaging industry across APAC, Europe, MEA, North America, and South America
- A thorough analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of molded fiber packaging market vendors
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