Rising Demand from End-Use Industries to Reflect Positively on the Global Molded Pulp Packaging Market

The global molded pulp packaging market is estimated to grow at a CAGR of 4.6% during the forecast period. The increasing demand for molded pulp fiber packaging across end-use industries such as food packaging, food service, and electronics sector is supporting accelerating market growth. 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. 

Browse the full report description of "Global Molded Pulp Packaging Market Size, Share & Trends Analysis Report, By Source (Wood and Non-Wood), By Type (Thermoformed, Processed, Thick Wall, and Transfer), By End-Use (Food Packaging, Food Service, Electronics, Healthcare, and Others) and Forecast, 2020-2026" at https://www.omrglobal.com/industry-reports/molded-pulp-packaging-market

Electronic appliances also require to be protected from the changing climatic conditions, dust, and dampness. Molded pulp packaging offers protection to these devices across a comprehensive range of temperatures and high humidity conditions, in turn, minimize the percentage of damaged merchandise.  Based on the customer requirements, the manufacturers of molded pulp packaging tailor the packaging to comprise oil-and-water resistant, shock-proof, and anti-static properties, making which makes it an appropriate choice for electronic devices.  

Scope of the Global Molded Pulp Packaging Market

Market Coverage

• The market number available for 2019-2026
• Base year- 2019
• Forecast period- 2020-2026
• Segment Covered- By Source, Type, and End-Use
• Regions Covered- North America, Europe, Asia-Pacific, and Rest of the World
• Competitive Landscape- Brødrene Hartmann A/S, Huhtamaki OYJ, UFP Technologies, Inc., Sonoco Products Co., and Novolex. 

Recent Developments in the Global Molded Pulp Packaging Market

• In August 2020, Acorn Pulp Group acquired a breakthrough molded fiber manufacturing machine from Southern Moulded Pulp and Moulded Fibre Technologies. This will enable Acorn to offer superior quality products and services to its customers at competitive prices.
• In April 2019, Eco-Products (a part of Novolex Brand) declared a new series of molded fiber containers and plates. This new line referred to as Vanguard shows the company’s focus on foodservice packaging. It is effective in both hot and cold applications and produced from sugarcane as well as it is microwave friendly. This series is also water and grease resistant. 

Key questions addressed by the report

• What is the market growth rate?
• Which segment/region dominates the market in the base year?
• Which segment/region will project the fastest growth in the market?
• How COVID-19 impacted the market?

o Recovery Timeline

o Deviation from the pre-COVID forecast

o Most affected region/segment

• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Molded Pulp Packaging Market-Segmentation

By Source

• Wood
• Non-Wood

By Type

• Thermoformed
• Processed
• Thick Wall
• Transfer

By End-Use

• Food Packaging
• Food Service
• Electronics
• Healthcare
• Others

Global Molded Pulp Packaging Market– Segment by Region 

North America

• United States
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe 

Asia-Pacific

• China
• India
• Japan
• Rest of Asia-Pacific 

Rest of the World

• Latin America
• The Middle East and Africa