News

The global molded pulp packaging market size is expected to be worth around US$ 8.1 billion by 2030, according to a new report by Vision Research Reports.

The global molded pulp packaging market size was valued at US$ 3,815.2 million in 2020 and is anticipated to grow at a CAGR of 8.1% during forecast period 2021 to 2030.

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Report Coverage

Report Scope	Details
Market Size	USD 8.1 billion by 2030
Growth Rate	CAGR of 8.1% From 2021 to 2030
Base Year	2021
Historic Data	2017 to 2020
Forecast Period	2021 to 2030
Segments Covered	Source, Molded type, Product, Application
Regional Scope	North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned	Brodrene Hartmann A/S; Huhtamako Oyj; UFP Technologies, Inc; Thermoform Engineered Quality LLC; Genpak, LLC; Eco-Products, Inc; Fabri-Kal; Sabert Corp.

Growth Factors

 Growing demand for eco-friendly sustainable packaging from the end-user segments owing to growing awareness regarding the adverse effects of plastic pollution is expected to be the key driver for the market.

The Covid-19 pandemic has benefitted the molded pulp packaging owing to increased demand for eggs from the retail segment. In addition, increasing demand for home deliveries of fresh food, vegetables, and other grocery items owing to restrictions on the movement of the public also supported the market growth. However, shortages of raw material owing to supply chain disruption have increased the prices of the packaging products. Growing demand for sustainable packaging solutions from environment-conscious consumers and stringent regulations related to plastic usage is expected to drive the market over the forecast period.

Key Players

• Brodrene Hartmann A/S
• Huhtamako Oyj
• UFP Technologies, Inc.
• Thermoform Engineered Quality LLC
• Genpak, LLC
• Eco-Products, Inc.
• Fabri-Kal
• Sabert Corp.

Market Segmentation

• Source
  • Wood Pulp
  • Non-wood Pulp
• Molded Type
  • Thick Wall
  • Transfer
  • Thermoformed
  • Processed
• Product
  • Trays
  • End Caps
  • Bowls & Cups
  • Clamshells
  • Plates
  • Others
• Application
  • Food Packaging
  • Food Service
  • Electronics
  • Healthcare
  • Industrial
  • Others
• Regional
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
  • Asia Pacific
    • China
    • India
    • Japan
  • Central & South America
    • Brazil
  • Middle East & Africa
    • Saudi Arabia

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