An Incisive, In-depth Analysis on the Moulded Fibre Pulp Packaging Market
This study offers a comprehensive, 360 degree analysis on the Moulded Fibre Pulp Packaging market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Moulded Fibre Pulp Packaging market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
Moulded Fibre Pulp Packaging Market- Key Research Findings
Global moulded fibre pulp packaging market value estimated in 2019 – Over US$ 7.5 billion
Over 2019-2029, the global moulded fibre pulp packaging market is projected to expand at a CAGR of 5.3%.
Largest regional investment pockets for moulded fibre pulp packaging market players - Asia Pacific excluding Japan (APEJ) and Western Europe
Rapid adoption of environment-friendly & biodegradable materials will continue to drive the growth of the global moulded fibre pulp packaging market in APEJ and Western European economies.
Top 4 Factors Shaping the Moulded Fibre Pulp Packaging Market
Moulded Fibre Pulp Packaging – A Step towards Sustainability
According to the sustainable packaging alliance, packaging should be safe and cyclic, and use recovered industrial or natural materials to meet the sustainability criteria. Environment-friendly and green moulded fibre pulp packaging meet customer needs and expectations in terms of both packaging excellence and ecological responsibility.
Packaging manufacturers are implementing policies and practices that demand sustainability, innovation, and are focusing on moulded fibre pulp packaging as it is biodegradable, compostable, and fully recyclable.
Eco-friendly & Biodegradable Packaging that Ensures Packaging Excellence
Moulded fibre pulp packaging is made from recycled paperboard and newsprint. It is a collective term for the process of producing robust, protective, and biodegradable packaging from 100% recycled paper materials.
Moreover, the moulded fibre pulp manufacturing process has no wastage, as all the residue is reused and recycled. Hence, moulded fibre pulp packaging is gaining wide acceptance and recognition.
Cost-effective Medium of Packaging that Ensures Minimum Inventory and Warehouse Costs
Several packaging companies focus on packaging solutions that are environmentally sound, sustainable, and require less shipping and storage costs. Moulded fibre pulp packaging can be considered as a cost-effective medium of packaging due to its low disposal costs, minimum inventory and warehousing costs, and easy packaging process.
Moreover, moulded fibre pulp packaging is made up of fully recyclable, inexpensive, and readily available newsprint and paperboard that have witnessed stable prices for years. Moulded fibre pulp packaging reduces cost in terms of transportation, warehousing, labor, and design. Moulded fibre pulp packaging solutions lead to a reduction in packaging eco-tax. Many European countries prefer moulded cellulose for packaging as the packaging tax is ten times lower than the plastics.
Reimagining Moulded Fibre Pulp Packaging - “Not Just for Eggs Anymore”
Moulded fibre pulp packaging manufacturers are realizing the protective, ecological, and sustainable benefits of moulded fibre pulp packaging. They are giving weightage to the green statement together with the other benefits such as cost-effectiveness.
Pangea Organics has shown innovation in the packaging of soap products by adding plant seeds in the slurry of moulded pulp. Soap is packaged in a clamshell made completely of processed pulp. Once the package is used, it can be decomposed and buried to grow the plant.
Moulded Fibre Pulp Packaging Market Structure Analysis
Tier 1 companies in the global moulded fibre pulp packaging market represent more than 12% revenue share.
Top companies in moulded fibre pulp packaging include Huhtamaki Oyj, Henry Moulded Products, Inc., EnviroPAK Corporation, Keiding, Inc, Spectrum Lithograph, Inc., Brodrene Hartmann A/S, Pactiv LLC.
While most of the key players of moulded fibre pulp packaging maintain a strategic focus on APEJ and Western European markets, the moulded fibre pulp packaging market report underscores that technology assessment will be an important development strategy for moulded fibre pulp packaging manufacturers.
Leading players in the moulded fibre pulp packaging market are also concentrating on marketing campaigns and trade shows which help them to showcase their products for a wide range of end users. For instance, Henry Moulded Products Inc. organized ‘Henry Moulded Products 2015-2016 Trade Show” in Munich, Germany.
Moulded fibre pulp packaging manufacturers are focusing on improving product consistency, quality, and costs.
Henry Moulded Products Inc. is developing novel packaging products with the use of a different formulation of recyclable raw materials in order to deliver unique product characteristics.
Moulded fibre pulp packaging is a sustainable type of packaging as it uses recycled pulp waste. Recycled material includes waste, newspapers, papers, cardboard, etc. Moulded fibre pulp is also known as moulded pulp or moulded fibre, and is largely used for protective packaging. On the basis of application, moulded fibre pulp packaging is segmented as primary packaging, secondary packaging, and edge protectors. Primary packaging is considered to be the most attractive segment of the global moulded fibre pulp packaging market during the forecast period.
The Future Market Insights report studies the global moulded fibre pulp packaging market for the period of 2019-2029. The prime objective of the global moulded fibre pulp packaging market is to offer insights and key market trends pertaining to the global moulded fibre pulp packaging market that are gradually helping transform businesses.
The global moulded fibre pulp packaging market begins with the executive summary under various segments and their share in moulded fibre pulp packaging. It is followed by the market dynamics and market overview of the global moulded fibre pulp packaging market, which includes FMI Analysis of market drivers, restraints, and trends that are affecting the growth of the global moulded fibre pulp packaging market. To show the performance of the global moulded fibre pulp packaging market in each country and region, BPS and YOY growth analysis of moulded fibre pulp packaging are provided.
To ascertain the market size in terms of value and volume, revenue generated by the key manufacturers in the moulded fibre pulp packaging market and their respective production capacity is taken into consideration. The forecast presented here assesses the total revenue generated by value, across the moulded fibre pulp packaging market. In order to provide an accurate forecast, we initiated by sizing up the current market, which forms the basis of how the moulded fibre pulp packaging market is expected to develop in the future.
In addition, it is imperative to note that in an ever fluctuating global economy, we not only conduct forecast in terms of CAGR, but also analyse moulded fibre pulp packaging based on key parameters, such as year on year (Y-O-Y) growth rates, to understand the predictability of the moulded fibre pulp packaging market and identify the right opportunities across the market.
Detailed profiles of companies in the global moulded fibre pulp packaging market are also included in the report to evaluate their strategies, key product offerings, and recent developments. Key manufacturers and suppliers operating in the moulded fibre pulp packaging market include UFP Technologies, Inc, ESCO Technologies Inc., Huhtamaki Oyj, Brodrene Hartmann A/S, Henry Moulded Products, Inc., ProtoPak Engineering Corporation, EnviroPAK Corporation, Pacific Pulp Molding, LLC, Keiding, Inc, FibreCel Packaging, LLC, Guangxi Qiaowang Pulp Packing Products Co, Ltd., Pactiv LLC (Reynolds Group Holdings Ltd.)., OrCon Industries Corporation, Celluloses De La Loire, Spectrum Lithograph, Inc., Dynamic Fibre Moulding (PTY) Ltd, Primapack SAE, Jiangyin Greenpacking Trade Co., Ltd., Dongguan City Luheng Papers Company Ltd, and Guangzhou NANYA Pulp Molding Equipment Co., Ltd.
A robust research methodology was employed to estimate the market size of the global moulded fibre pulp packaging market. Both supply side and demand side research was conducted to evaluate the market value and market volume of the global moulded fibre pulp packaging market. In supply side analysis, the collected numbers are predominantly obtained from moulded fibre pulp packaging manufactures, their product offerings, sales revenue of each market segment by conducting various primary interviews and simultaneously validating them through secondary research sources to develop an integrated view at each market level.
In demand side analysis, we have tracked the demand of moulded fibre pulp packaging market in end-use areas in the target region by tracing the total size of the product type and penetration of moulded fibre pulp packaging in end-use applications. This has been cross verified with end-use industries for ultimately validating the supply side consumption of moulded fibre pulp packaging market in the application areas.