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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.
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
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 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.
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