China molded pulp packaging market is estimated to grow at a CAGR of 5.0% during the forecast period. Growing food and beverage industry and potential share in the electronics market is attributing to the positive growth of the market. China is a key supplier of electronic products globally. The country exports several electronic components used in smartphones and televisions. Additionally, several key electronic components, which include mobile displays, LED chips, printed circuit boards, open-cell TV panels, memory, and capacitors are imported from China. 

In the electronics sector, molded pulp packaging provides superior protection against the detrimental effects of vibration and shock for a range of sensitive electronic devices, such as toner cartridges, modems, desktop computers, cell phones, hard drives, and printers. The excellent cushioning performance provided by molded fiber packaging removes the possibility of surface scratches and abrasions on the appliances and is appropriate for a range of internal logistics conditions and transport situations. 

China molded pulp packaging market is segmented based on source, type, and end-use. Based on the source, the market is classified into wood and non-wood. Based on type, the market is classified into thermoformed, processed, thick wall, and transfer. Transfer molded products, also known as Thin-Wall is anticipated to hold a potential share in the market. These molded fiber products normally have wall thicknesses of nearly 1/8 to 3/16 inches (3mm to 5mm). Surfaces of transfer molded products are relatively smooth on one side. Its most common applications are for trays and egg cartons. Increasing consumption of eggs is expected to drive the demand for molded fiber for eggs packaging in the country. Based on end-use, the market is classified into food packaging, food service, electronics, healthcare, and others.

Some prominent players in the market include Huhtamaki OYJ, Shanghai Huain Industrial Co., Ltd., and Sonoco Products Co. These market players are focusing on increasing their competitiveness by using some strategies such as mergers and acquisitions and product launches. For instance, in September 2020, Sonoco acquired a paper-based textile tube converting facility in Kaiping, China. This is the company’s first expansion outside Shanghai that will enable to expand its operations in southern China. The company is also focused on serving the paper and film markets and the textile industry in South China.

Research Methodology

The market study of the China molded pulp packaging market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity in our reports.

Secondary Sources Include:

• Financial reports of companies involved in the market
• Whitepapers, research-papers, and news blogs
• Company websites and their product catalog

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. It will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.

Market Segmentation:

• China Molded Pulp Packaging Market Research and Analysis, By Source
• China Molded Pulp Packaging Market Research and Analysis, By Type 
• China Molded Pulp Packaging Market Research and Analysis, By End-Use

The Report covers:

• Comprehensive research methodology of the China molded pulp packaging market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• Exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the China molded pulp packaging market.
• Insights about market determinants which are stimulating the China molded pulp packaging market.
• Detailed and extensive market segments with regional distribution of forecast revenues.
• Extensive profiles and recent developments of market players.