Stratview Research has recently published a report on the Molded Pulp Packaging Market. This strategically evaluated report provides a detailed overview that presents today's market scenario and future possibilities, as well as market intelligence and information, for a 5-year period from 2022 to 2028.

The market is segmented by Product Type (Trays, Cups, Clamshells, Plates, Splitters, and Others), by Type (Rotary Molding Pulp, Fiber Thermoforming/Wet Press, and Industrial Molding Pulp/Dry Press), by Industry Type (Eggs, Agriculture, Food & Food Service, Electronics, Appliances, and Other Industrial), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

Molded Pulp Packaging Market Analysis:

Stratview Research’s report discusses the segment-wise current market condition. Also, it offers an estimation of future growth opportunities. As per the estimation, the Molded Pulp Packaging Market is projected to grow from USD 4.94 billion in 2021 to USD 8.13 billion by 2028 at an impressive CAGR of 7.3% during the forecast period.

What is molded pulp packaging?

Molded pulp packaging, made from recycled wood and non-wood materials such as paper boards and newsprints, is used for protective packaging and carrier in poultry and food & food service industries. There are different product types, which find specific applications, across key end-user sectors.

Some of the companies drive the market growth:

• Austin Foam Plastics, Inc. (AFP)
• Best Plus Pulp Co., Ltd.
• Alta Global, Inc.
• CMPC
• DS Smith
• Enviropak
• Huhtamaki Group
• Pacific Pulp Molding, Inc.
• Smurfit Kappa Group
• Sonoco Products Company.

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Segments Analysis

By Type

The market is segmented as rotary molding pulp, fiber thermoforming/wet press, and industrial molding pulp/dry press. Rotary molded pulp possesses the highest share of the market as it registered over 55% share in 2021 and is likely to account for the highest CAGR of 5.3% during the assessment period. This unprecedented growth can be attributed to its unique and wider benefits attached to the employed rotary molding process. It offers high molding productivity, consumes less energy with less manufacturing cost, easy interchangeability of mold tooling, and faster setting time.

Regional Analysis

North America is estimated to be the leading region in the market during the forecast period. The market is driven by the strong presence of other end-user industries such as agriculture, food & food services, and electronics in the region. Furthermore, consumers of the U.S. and Canada have developed a habit of mostly eating out. North America captured a major share of the global outdoor eating market; thus, the food & food services industry ranks as the second-largest consumer of molded pulp in the region. Europe and Asia-Pacific also offer significant growth opportunities during the assessment period.

Research Methodology

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.

More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.

We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

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