Home > Polymers & Advanced Materials > Molded Pulp Packaging Market

Molded Pulp Packaging Market Size, Share and Industry Analysis Report by Product (Trays, Cups, Clamshells, Plates, Splitters), Type (Rotary Molding Pulp, Fiber Thermoforming/Wet Press, Industrial Molding Pulp/Dry Press) and Industry (Eggs, Agriculture, Food & Food Service, Electronics, Appliances, Other Industrial), Growth Potential, Competitive Market Share & Forecast, 2022 – 2028

  • Report ID: GMI4645
  • Base Year: 2021
  • Report Format: PDF

Industry Overview

Molded Pulp Packaging Market size surpassed USD 4.8 billion in 2021 and is estimated to exhibit a CAGR of over 5.7% from 2022 to 2028 owing to the increasing demand for molded pulp trays & clamshells from the food & beverages industry. The industry size may cross 4,300.5 kilo tons by 2028 at a projected CAGR of 5.4% through the forecast period, in terms of volume.
 

Molded Pulp Packaging Market Outlook

Get more details on this report - Request Free Sample PDF
 

Molded pulp products are produced from biodegradable materials. They can absorb and have cushion shock properties, ensuring the protection of the product that covers handling, transportation, or storage. They can maintain aeration due to their microporous structure and absorb moisture due to their chemical structure.
 

The emergence of the e-commerce industry will create an increasing demand for customized packaging sizes as a result of the global urbanization trend. As a result, there will be a greater need for efficient & better recycling systems. Lifestyle trends toward more convenient packaging, health, and environmental awareness will increase its importance among consumers.
 

Ambitious structural reforms and sound macroeconomic policies paved a strong growth path for the highly growing economies, especially in Asia and Latin America. Due to high growth prospects for end-use industries in emerging regions, the demand for molded pulp packaging is likely to increase in the coming years.
 

Furthermore, the increasing environmental regulations across the globe are likely to fuel the molded pulp demand over the forecast period. These increasing environmental regulations are expected to boost the demand for molded pulp packaging as it is produced from recycled materials and is degradable.
 

The COVID-19 pandemic is expected to negatively impact the industry growth

The COVID-19 had a negative impact on the molded pulp packaging market owing to the reduced demand for food products. As the government around the world started implementing lockdowns to minimize the impact of the pandemic, manufacturing units were either shut down or were asked to follow strict quarantine measures. This resulted in the less production of molded pulp packaging, moreover, resulting in reduced demand for food products. However, as the pandemic is over, the demand for food products is expected to rise, further fueling the molded pulp packaging market share.
 

The trays segment will drive the overall industry landscape

Molded Pulp Packaging Market By Product

Get more details on this report - Request Free Sample PDF
 

Molded pulp packaging market from tray segment was valued at over USD 2.6 billion in 2021 and is expected to surpass USD 3.8 billion by 2028. Molded pulp trays are utilized as they are an effective barrier against food catching molds, bacteria, and decomposing quickly. The rapid growth in the food processing industry is expected to positively influence the market share.
 

The food & beverage industry in various emerging economies is experiencing an upward trend as the per capita income is expected to grow further in various emerging economies. Moreover, the personalization of molded pulp trays is expected to accelerate the market growth, as customers can easily customize the products.
 

Rotary molding pulp technique to gain attention from market players

Molded Pulp Packaging Market By Type

Get more details on this report - Request Free Sample PDF
 

The rotary molded pulping packaging market segment surpassed USD 1.8 billion in 2021 and is expected to exceed USD 2.7 billion by 2028 due to the unique and added benefits that are attached to the rotary molded pulping process. This technique utilizes heated pulp mold that is rotated at a slower rate which the material to uniformly disperse, thereby creating a perfect molding pulp. The molded pulp packaging production by this technique is easy and the maintenance is economical. This technique produces a different type of molded pulp packaging in a short duration and the quantity & quality of the packaging is also desirable.
 

The egg will remain the biggest segment in the molded pulp packaging market

Molded Pulp Packaging Market By Industry

Get more details on this report - Request Free Sample PDF
 

The eggs segment will grow at a CAGR of 5.7% through 2028 owing to the growing demand for eggs in various emerging economies, as this packaging solution is widely utilized for the packaging of eggs. The growing government initiatives to incorporate eggs in the meals of children and pregnant women in India will drive the production of eggs in the region.
 

Moreover, various governments in the emerging economies are working on uplifting the poultry industry by providing various incentives to boost the poultry industry. The growing demand to use sustainable packaging solutions will have a positive impact on the global molded pulp packaging market revenue.
 

Growing eggs production will remain the driving force for Asia Pacific market expansion

Molded Pulp Packaging Market By Region

Get more details on this report - Request Free Sample PDF
 

Asia Pacific molded pulp packaging market was valued at USD 1.3 billion in 2021 and is expected to reach over USD 1.9 million by 2028. Asia Pacific is one of the biggest markets that has the largest potential among all the regional markets. The promising growth in the market is witnessed in various countries including India, Indonesia, China, etc.
 

The growing population along with increasing per capita income is expected to drive the product demand over the projected period. The strong economic growth coupled with the increasing focus on introducing eggs in food to increase the nutritional content of the meal is expected to drive the APAC molded pulp packaging market forecasts.
 

Industry players are working on increasing production capacity

The molded pulp packaging industry players are focusing on forming strategic partnerships and developing their production capacity by introducing new technologies to drive the molded pulp packaging production. For instance, in May 2019, Smurfit Kappa upgraded its Roermond Paper Mill facility to meet the increasing demand for paper-based packaging.
 

Various molded pulp packaging industry players in the market are Best Plus Pulp Co. Enviropak, Pacific Pulp Molding, Molpack Corporation Ltd., Western Pulp Products Company, Smurfit Kappa, Alta Global, Inc., DS Smith, CMPC, YFY Jupiter, Huhtamaki, Ltd., Hartmann, Stora Enso, and Sonoco Products Company.
 

The molded pulp packaging market report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Kilo Tons and revenue in USD Million from 2022 to 2028 for the following segments:

By Product

  • Trays
  • Cups
  • Clamshells
  • Plates
  • Splitters
  • Others

By Type

  • Rotary Molding
  • Fiber Thermoforming/Wet Press
  • Industrial Molding Pulp/Dry Press

By Industry

  • Eggs
  • Agriculture
  • Food & Food Services
  • Electronics
  • Appliances
  • Other Industrial
  • Others

The above information is provided on a regional and country basis for the following:

By Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Russia
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • Indonesia
    • Malaysia
  • Latin America
    • Brazil
    • Mexico
    • Colombia
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE
       

 

Authors: Kiran Pulidindi, Hiralkumar Patel

Frequently Asked Questions (FAQ) :

The global molded pulp packaging industry is slated to surpass USD 4.8 billion by 2028 and is poised to record a 5.7% CAGR between 2022 and 2028 owing to the surging demand from the food & beverages sector.

Molded pulp packaging is used for absorbing and to exhibit cushion shock properties to protect products that cover handling, transportation, or storage.

Demand for rotary molded pulping packaging exceeded revenue of USD 1.8 billion in 2021 and will record USD 2.7 billion by 2028 due to the unique and added benefits offered by this technique.

The molded pulp packaging market in the Asia Pacific crossed USD 1.3 billion in 2021 and is poised to register USD 1.9 million by 2028 driven by the expanding population and the escalating per capita incomes in the region.

Buy Now

Access to only 1 person; cannot be shared; cannot be printed
Access for 2 to 5 users only within same department of one company
Access to a company wide audience; includes subsidiary companies or other companies within a group of companies

Premium Report Details

  • Published Date: Mar 2022
  • Companies covered: 16
  • Tables & Figures: 523
  • Countries covered: 20
  • Pages: 400

Get a report that explains COVID-19 impact on this market

 Request Free Sample

Budget constraints? Get in touch with us for special pricing

Request Discount