Molded Fiber Packaging Industry is Expected to Grow at Approximately 7% by 2023

Molded Fiber Packaging Market
Market Research Future published a half cooked research report on Global Molded Fiber Packaging Market. The Global Molded Fiber Packaging Market is expected to grow over the CAGR of around 7% during the period 2016 to 2023.

Molded Fiber Packaging Market is majorly driven by the increase in demand from the manufacturers of egg packaging. The use of molded fiber packaging for eggs ensures prevention of spoilage and breakage of eggs during distribution and transportation. The increasing adoption of environment friendly packaging solutions among the end use industries such as food & beverage and electronics, is also driving the global Molded Fiber Packaging Market

Key Players in Market:

  • Huhtamaki (Finland)
  • UFP Technologies, Inc. (U.S.)
  • Moulded Fibre Product Ltd. (U.K.)
  • Henry Moulded Products Inc. (U.S.)
  • Brødrene Hartmann A/S (Denmark)
  • Cullen Packaging Ltd. (U.K.)
  • EnviroPAK Corporation (U.S.)
  • Heracles Packaging Company SA (Greece)
  • Keiding, Inc. (U.S.)
  • Hurley Packaging of Texas (U.S.)

Market Research Analysis:

Based on all types of molded fiber packaging, the market has been segmented as Thick-Wall, Transfer, Thermoformed (Thin-wall) and Processed. The transfer molded segment is expected to dominate the market. The transfer molded segment is being manufactured by combining one forming mold with transfer mold. The surface of such molds are smoother on one side and thus, are mostly used as cartons and trays for storing eggs.  The new designs of transfer molds are being used for many types of electronic product packaging such as cells phones and DVD players. These are also being used for other applications such as hospital disposables, office equipment and fruits and drink trays.   

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Based on end-use, molded fiber packaging market has been segmented as food and beverages, electronic, personal care and others. The food and beverage segment accounts for the largest share among all applications in the molded fiber packaging market. Molded fiber packaging required for food and beverages include clam-shells, carryout food containers, Cups, Bowls, plates, food and serving trays, Egg, fruit, berry, mushroom etc. containers & trays and Bottled products, wine, Jellies and others.

Scope of the Report:

This study provides an overview of the global molded fiber packaging market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global molded fiber packaging market by its type, end-use and region. 

By Type:

  • Thick-Wall
  • Transfer
  • Thermoformed (Thin-wall)
  • Processed 

By End-Use:

  • Food And Beverages
  • Electronic
  • Personal Care
  • Others 

By Region:

  • North America 
  • Asia Pacific 
  • Europe
  • Rest of the World  

Regional Analysis of Global Molded Fiber Packaging Market:

The North America region is expected to dominate the growth of the molded fiber packaging market, owing to the increase in demand for consumer goods such as food & beverage and household products and the need for their efficient packaging. The Asia-Pacific region is also expected to grow, owing to the existence of a large number of manufacturers in the region and increase in demand of molded fiber packaging by them.  

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