DUBLIN--(BUSINESS WIRE)--The "Molded Pulp Packaging - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Amid the COVID-19 crisis, the global market for Molded Pulp Packaging estimated at US$4.3 Billion in the year 2020, is projected to reach a revised size of US$5.9 Billion by 2027, growing at a CAGR of 4.7% over the period 2020-2027.
Wood Pulp, one of the segments analyzed in the report, is projected to record 4.6% CAGR and reach US$5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Non-Wood Pulp segment is readjusted to a revised 5.7% CAGR for the next 7-year period.
The U.S. Market is Estimated at $1.1 Billion, While China is Forecast to Grow at 7.6% CAGR
The Molded Pulp Packaging market in the U.S. is estimated at US$1.1 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$1.2 Billion by the year 2027 trailing a CAGR of 7.6% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 3.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.4% CAGR.
Select Competitors (Total 36 Featured):
- Alta Global, Inc.
- Austin Foam Plastics, Inc. (AFP)
- Best Plus Pulp Co. Ltd.
- DS Smith
- Huhtamaki Group
- Molpack Corporation Ltd.
- Pacific Pulp Molding, Inc.
- Smurfit Kappa
- Sonoco Products Company
- Stora Enso
- UFP Technologies
- Western Pulp Products Company
- YFY Jupiter
Key Topics Covered:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
For more information about this report visit https://www.researchandmarkets.com/r/xfts1r