Market Size in 2018 | Market Forecast in 2025 | CAGR (in %) | Base Year |
---|---|---|---|
USD 3.7 Billion | USD 5 Billion | 4.7% | 2018 |
The Global Molded Pulp Packaging Market Size was worth around at USD 3.7 Billion in 2018 and is predicted to grow to around at USD 5 Billion by 2025 with a compound annual growth rate (CAGR) of roughly 4.7% between 2019 and 2025.
The report offers valuation and analysis of molded pulp packaging market on a global as well as regional level. The study provides a comprehensive evaluation of the market rivalry, opportunities, evolving trends, and industry-validated market statistics. The report offers historical data from 2016 to 2018 along with a forecast from 2019 to 2025 based on revenue (USD Billion).
The growth of the molded pulp packaging industry over forecast timeframe is subject to its spectrum of applications in food packaging and healthcare industries. Additionally, growing popularity of convenient packaging is also anticipated to generate lucrative growth avenues for the molded pulp packaging market over the upcoming years.
Based on the molded type, the market is divided into transfer, thermoformed, processed, and thick wall. Additionally, transfer segment is anticipated to dominate the molded type landscape over the forecast period. The segmental growth over forecast period is owing to massive awareness among the consumers pertaining to the benefits of effective packaging along with consciousness pertaining to green environment. On the basis of the source type, the molded pulp packaging market is segregated into non-wood and wood.
On the basis of product, the molded pulp packaging industry is bifurcated into bowls, cups, trays, plates, and clamshells. Apparently, trays segment is predicted to contribute majorly towards the market growth during the forecast period. The segmental growth is attributed to huge demand for eco-friendly & recyclable products. Moreover, high level of sustainability is also one of the key beneficial product attributes that will define the segmental growth over 2019-2025.
Report Attributes | Report Details | |
---|---|---|
Report Name | Molded Pulp Packaging Market Research Report | |
Market Size in 2018 | USD 3.7 Billion | |
Market Forecast in 2025 | USD 5 Billion | |
Growth Rate | CAGR of 4.7% | |
Number of Pages | 110 | |
Key Companies Covered | PrimeWare-by PrimeLink Solutions, UFP Technologies, Brødrene Hartmann A/S, Genpak LLC, Pacific Pulp Molded, Sabert Corporation, Cellulose de la Loire, TEQ LLC, Pro-Pac Packaging, Fabri-Kal, Eco-Products, EnviroPAK Corporation, Henry Molded Products, and Protopak Engineering Corporation. among others. | |
Segments Covered | By Source, By Molded, By Product, And By Region | |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) | |
Base Year | 2018 | |
Historical Year | 2016 to 2018 | |
Forecast Year | 2019 - 2025 | |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Region-wise, Asia Pacific is predicted to be the key regional revenue pocket of the overall market during 2019-2025. The regional market growth is credited to presence of large number of established molded pulp packaging manufacturing entities in Bangladesh, China, Australia, India, and Indonesia.
Some of the leading players in the global market include
The global molded pulp packaging market is segmented as follows:
By Source Type Analysis
Wood
Non-wood
By Molded Type Analysis
Thick Wall
Transfer
Thermoformed
Processed
By Product Analysis
Trays
Bowls
Cups
Plates
Clamshells
By Region Analysis
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