Molded Fiber Packaging Market Growth observed at CAGR of 7.79% | Industry Analysis By Type – Thick-Wall, Transfer, Thermoformed (Thin-Wall), Processed

“Molded Fiber Packaging Market”
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Global Molded Fiber Packaging Market estimated to reach USD 8,620 million by the end of the forecast period, at a CAGR of 7.79%.  

Market Highlights

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. 

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Key Players

The key players of global Molded fiber packaging market  include 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.), and Hurley Packaging of Texas (U.S.).

Industry News

Sep 25, 2016: James Cropper Plc launched a new renewable and recyclable molded fiber product, which is aan alternative to plastic packaging

Huhtamaki changed the name of its Molded Fiber business segment to Fiber Packaging. The new name is taken into use as of April 27, 2017.                        

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.   

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.

Detail Analysis of “Molded Fiber Packaging Market Research Report – Forecast To 2023” @ https://www.marketresearchfuture.com/reports/molded-fiber-packaging-market-3916 

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  

Press Release for “Molded Fiber Packaging Market Research Report – Forecast To 2023” Available @ https://www.marketresearchfuture.com/press-release/molded-fiber-packaging-market

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