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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Moulded Pulp Packaging Market Growth
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.
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.
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
Moulded Pulp Packaging Manufacturers
Moulded Pulp Packaging Market Regional Analysis
*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 2023.
The market is projected to grow at a CAGR of 4.0% between 2024 and 2032.
The revenue generated from the moulded pulp packaging market is expected to reach USD 5.65 billion in 2032.
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.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124