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Report Overview
The global moulded pulp packaging market reached a value of approximately USD 3.98 billion in 2024. The market is projected to grow at a CAGR of 4.0% between 2025 and 2034, reaching a value of around USD 5.65 billion by 2034.
2024
Base Year
2018-2024
Historical Year
2025-2034
Forecast Year
- China's consumer electronics market achieved total retail sales of USD 305 billion in 2023.
- In FY23, India's domestic electronics production was valued at $101 billion.
- Data from the UK Government indicates 2,400 hospitals across the UK, driving growth in the international healthcare distribution sector.
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Moulded Pulp Packaging Market Growth Rate
Moulded pulp packaging, crafted from recycled paperboard or similar fibrous materials, is frequently employed to protect delicate items like electronics, glassware, and various consumer goods due to its ability to absorb shocks. It is also used for packaging medical devices, pharmaceuticals, and laboratory supplies due to its sterile and protective properties. Additionally, Continuous advancements in design and technology within the moulded pulp packaging sector propel its growth by improving functionality and aesthetic appeal. Moulded pulp packaging offers superior protection and cushioning for electronic components during transit and storage, effectively shielding them against impact, vibration, and static electricity.
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USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Purchase the Regional Overview for
USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
Purchase the Regional Overview for
USD 1099
If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.
According to Invest India, India's domestic electronics production has grown at a CAGR of 13%, rising from USD 49 billion in FY17 to USD 101 billion in FY23, this indicates the rise in the demand for moulded pulp packaging within the nation.
Key Trends and Developments
Consumer and regulatory emphasis, cost-effectiveness, customisation and design flexibility, and circular economy initiatives are the major trends impacting global moulded pulp packaging market growth.
Consumer and Regulatory Emphasis
Increasing consumer demand for eco-friendly packaging and stricter environmental regulations from governments are driving companies to adopt sustainable options like moulded pulp packaging.
Cost-Effectiveness
Improved manufacturing processes and economies of scale are reducing the cost of moulded pulp packaging, making it more competitive with traditional materials like plastic and foam.
Customisation and Design Flexibility
Advances in moulding technology allow for more customised and intricate designs, catering to specific product needs and enhancing brand differentiation.
Circular Economy Initiatives
Companies are integrating moulded pulp packaging into their circular economy strategies, focusing on reducing waste and promoting the reuse and recycling of materials.
Moulded Pulp Packaging Market Trends
The increasing demand for moulded pulp packaging stems from its expanding use within the food and beverage industry. Its compliance with food safety standards renders it a favoured option for packaging food and beverages.
Ongoing research and development are leading to moulded pulp products with better strength, water resistance, and thermal insulation properties. Advances in material science are resulting in the development of new types of pulp that offer enhanced performance for various applications.
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Moulded Pulp Packaging Industry Segmentation
“Global Moulded Pulp Packaging Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
- Thick Wall
- Transfer
- Thermoformed
- Processed
Market Breakup by Source
- Wood Pulp
- Non-Wood Pulp
Market Breakup by Product Type
- Trays
- Cups
- Clamshells
- Plates
- Bowls
- Others
Market Breakup by End Use
- Foodservice Disposables
- Food Packaging
- Healthcare
- Electronics
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Moulded Pulp Packaging Market Share
Thermoformed type enhances the moulded pulp packaging market by offering a premium aesthetic appeal, enhancing brand perception and consumer appeal.
Thermoformed moulded pulp packaging provides excellent protection for delicate or fragile items. Its ability to cushion and safeguard products during transit ensures their integrity, making it a preferred choice for manufacturers seeking reliable packaging solutions.
Processed moulded pulp packaging can be engineered to possess specific functional properties, such as moisture resistance, insulation, and barrier properties.
Wood pulp sources contribute to the moulded pulp packaging market growth by specialising in supplying high-quality fibres with consistent characteristics, ensuring reliable and high-performance moulded pulp packaging products that meet diverse industry standards and needs.
Wood pulp is a cost-effective raw material for moulded pulp packaging production, especially when sourced from regions with favourable market conditions and efficient supply chains.
Incorporating non-wood pulp sources, such as agricultural residues (e.g., bagasse, straw), bamboo, and various plant fibres, diversifies the raw material base for moulded pulp packaging production.
The healthcare sector enhances the moulded pulp packaging market by providing specialized packaging solutions tailored to medical and pharmaceutical needs, ensuring product integrity, safety, and compliance with regulatory standards.
The healthcare industry's increasing focus on sustainability and environmental responsibility aligns with the eco-friendly attributes of moulded pulp packaging.
Customisable moulded pulp packaging provides opportunities for branding and marketing, allowing electronics manufacturers to showcase their brand identity and communicate product features and benefits to consumers effectively.
Leading Manufacturers in the Moulded Pulp Packaging Market
The companies are a provider of sustainable packaging solutions, medical devices, sterile packaging, and PET containers, including bottles, jars, lids, and others.
Huhtamaki OYJ
Huhtamaki OYJ was established in 1920 and based in Kokkola, Finland. The company is a key global provider of sustainable packaging solutions for consumers around the world. It operates in 37 countries.
UFP Technologies, Inc.
UFP Technologies, Inc. was founded in 1963 and based in Newburyport, MA. UFP Technologies specialises in designing and manufacturing customised solutions for medical devices, sterile packaging, and various highly engineered products.
Pro-Pac Packaging Limited
Pro-Pac Packaging Limited was established in and based in Reservoir, Victoria. The company provides a combination of product and service solutions for primary, secondary, and tertiary packaging.
Gepack
Gepack was founded in 2002 and is headquartered in Aveiras de Cima, Lisboa. The company delivers innovative PET containers, including bottles, jars, lids, caps, and decorative options.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other global moulded pulp packaging market key players are Thermoformed Engineered Quality LLC among others.
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Moulded Pulp Packaging Market Analysis by Region
The Asia-Pacific region is driving the growth of the Global Moulded Pulp Packaging Market due to several key factors. These include its large consumer base, increasing focus on sustainability, government regulations favouring eco-friendly options, thriving manufacturing industry, and the cost-effectiveness of moulded pulp compared to traditional materials.
In 2022, the National Health Expenditure Account (NHEA) reported a 4.1% increase in US healthcare spending, reaching $4.5 trillion. This growth underscores the demand for moulded pulp packaging in healthcare, which safeguards medical devices, pharmaceuticals, specimens, and supplies while offering eco-friendly solutions for hospitals and clinics.
The packaging industry has emerged as one of the most rapidly growing sectors worldwide, establishing itself across all countries. In 2019, the industry surpassed $917 billion and is forecasted to grow at a CAGR of 2.8%, reaching $1.05 trillion by 2024, this suggests an increase in demand for moulded pulp packaging within the country.
Moulded Pulp Packaging Market Report Snapshots
Moulded Pulp Packaging Market Size
Moulded Pulp Packaging Market Growth
Moulded Pulp Packaging Market Trends
Moulded Pulp Packaging Market Share
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The moulded pulp packaging market was valued at USD 3.98 billion in 2024.
The market is projected to grow at a CAGR of 4.0% between 2025 and 2034.
The revenue generated from the moulded pulp packaging market is expected to reach USD 5.65 billion in 2034.
The major drivers of the market are rising disposable incomes, growing urbanisation, increase in the middle-class population, and the rise in demand from sectors like food packaging, electronics, and healthcare.
Rising preference for compact and sustainable packaging are the key trends guiding the growth of the market.
The market is broken down into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
The market is categorised according to the type, which includes thick wall, transfer, thermoformed, and processed.
The market is categorised according to the source, which includes wood pulp and non-wood pulp.
Based on the product type, the market is divided into trays, cups, clamshells, plates, bowls, and others.
Based on the end use, the market is divided into food service disposables, food packaging, healthcare, electronics, and others.
The market key players are Huhtamaki OYJ, UFP Technologies, Inc., Thermoformed Engineered Quality LLC, Gepack, and Pro-Pac Packaging Limited among others.
Report Summary
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2024 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Source |
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| Breakup by Product Type |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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