DUBLIN--(BUSINESS WIRE)--The "Molded Fiber Packaging Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.
The molded fiber packaging market was valued at USD 3.61 billion in 2020, at a CAGR of 7.86% over the forecast period 2021 - 2026.
Companies Mentioned
- Huhtamaki Oyj
- Henry Moulded Products Inc.
- Moulded Fibre Products Ltd.
- Cullen Packaging Ltd.
- Brodrene Hartmann A/S
- EnviroPAK Corporation
- Heracles Packaging Company SA
- Hurley Packaging of Texas
- Keiding Inc.
- Berkley International
- Pacific Pulp Molding, Inc.
- Footprint, LLC
- Pro-Pac Packaging Limited
Key Market Trends
The Electronics Segment to Drive the Molded Fiber Packaging Market
- Because of the inclination in the drift of sustainability, packaging developers are embracing multiple packaging solutions for a broad category of applications originating from recyclable molded fiber packaging. Thus, more manufacturers, retailers, and customers in the markets are using sustainable molded fiber packaging solutions. Electronics items are usually fragile and need packaging that can shield them from breakage during shipping and storage.
- Molded fiber pulp is widely accepted for the packaging of electronics items, as it gives excellent compression resistance, shock-absorbing, and thermal and atmospheric resistance characteristics during handling and transportation. Molded pulp packaging gives guarding functions such as void fill, cushioning, and blocking & bracing to the electronics items, thereby augmenting the requirement for molded pulp packaging in this sector.
The Asia Pacific to Dominate the Molded Fiber Packaging Market
The Asia Pacific is predicted to be the quickest growing region in the molded fiber packaging market, in terms of utility. This is associated with the presence of a growing number of molded fiber packaging production units in countries such as India, China, Australia, Bangladesh, and Indonesia in the Asia Pacific region. Moreover, the changing lifestyle of customers is also improving their preferences for sustainability. In addition, these nations are the biggest exporters of packaging materials globally.
Owing to inexpensive labor costs and the availability of domestically produced raw materials, companies prefer setting up production units for the production of the packaging industry in Asia Pacific countries. Apart from that due to changing spending preferences of the consumer are also connecting to accelerated urbanization and expanded annual disposable income.
Key Topics Covered:
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.3.1 Shift in Consumer Preferences Toward Recyclable and Eco-friendly Materials
4.3.2 Growing Disposable Income
4.3.3 Augmented Demand for Reusable and Sustainable Packaging From End Users
4.4 Market Restraints
4.4.1 Strict Government Rules and Regulations
4.4.2 Fluctuations in the Cost of Raw Materials
4.5 Industry Attractiveness - Porter's Five Force Analysis
4.5.1 Threat of New Entrants
4.5.2 Bargaining Power of Buyers/Consumers
4.5.3 Bargaining Power of Suppliers
4.5.4 Threat of Substitute Products
4.5.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.1 By Type
5.1.1 Thick wall
5.1.2 Transfer
5.1.3 Thermoformed
5.1.4 Processed
5.2 By End-use Industry
5.2.1 Food & Beverages
5.2.2 Electronics
5.2.3 Healthcare
5.2.4 Other End-user Industry
5.3 Geography
5.3.1 North America
5.3.2 Europe
5.3.3 Asia Pacific
5.3.4 South America
5.3.5 Middle East & Africa
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Huhtamaki Oyj
6.1.2 Henry Moulded Products Inc.
6.1.3 Moulded Fibre Products Ltd.
6.1.4 Cullen Packaging Ltd.
6.1.5 Brodrene Hartmann A/S
6.1.6 EnviroPAK Corporation
6.1.7 Heracles Packaging Company SA
6.1.8 Hurley Packaging of Texas
6.1.9 Keiding Inc.
6.1.10 Berkley International
6.1.11 Pacific Pulp Molding, Inc.
6.1.12 Footprint, LLC
6.1.13 Pro-Pac Packaging Limited
7 INVESTMENT ANALYSIS
8 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/haah04
