Global Moulded Fibre Packaging Market Report and Forecast 2024-2032

Global Moulded Fibre Packaging Market Outlook

The global moulded fibre packaging market size reached a value of approximately USD 4.82 billion in 2023. The market is expected to grow at a CAGR of 4.70% between 2024 and 2032, reaching a value of around USD 7.23 billion by 2032.

Key Trends in the Market

Moulded fibre packaging refers to types of packaging that are created from a combination of moulded fibres sourced from a variety of fibrous materials. These materials can include recycled paper and cardboard as well as other natural fibres including bamboo, sugarcane, and wheat straw. The fibres are moulded together to form the desired packaging shape, such as a box, tray, or clamshell container, among others.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

• Rising demand for sustainable packaging made from recyclable and renewable materials is surging the interest in moulded fibre packaging. Sustainable moulded fibre packaging is becoming more popular among producers, retailers, and consumers owing to its versatility, usefulness, and environmental friendliness thus aiding the global moulded fibre packaging market growth.

• Moulded fibre packaging is increasingly being utilised in the food and beverage sector, to shield products from the surroundings through excellent moisture and oxygen barrier properties. The growing demand for secure packaging of food and beverage products is further propelling the global moulded fibre packaging market.

• Increasing spending on research and development aimed towards innovative and durable moulded fibre packaging is a key trend in the market. Identification of suitable replacements for wood pulp, which has limited supply, is expected to bolster the market for moulded fibre packaging in the coming years.

Market Analysis

Based on product, the moulded fibre packaging market is divided into trays, clamshell containers, boxes, and end caps, among others. By type, the market is segmented into thick-wall, transfer moulded, thermoformed fibre, and processed pulp. On the basis of source, the market is bifurcated into wood pulp and non-wood pulp. Based on end-use, the market is segmented into food and beverage, electronics, personal care, and healthcare, among others. The regional markets for moulded fibre packaging are categorised into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global moulded fibre packaging market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.

• Brødrene Hartmann A/S

• CKF, Inc.

• Orcon Industries

• Henry Moulded Products Inc.

• Primapack 

• Others

Market Share by End-Use

Electronics are anticipated to occupy a sizable share of the moulded fibre packaging market based on end-use, fuelled by the thriving sales of electronics, increase in shipping, and rising importance of sustainable packaging. Electronic devices require careful packaging to protect them from breakage during transportation and storage because they are fragile. Moulded fibre pulp is commonly used to package electronics devices since it provides high compression resistance, shock absorption, and heat and atmospheric resistance qualities during handling and shipping. The use of moulded fibre packaging for electronics is further augmented by the ability of moulded fibre packaging to provide cushioning and bracing.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Market Share by Region

The Asia Pacific accounts for a significant share in the global moulded fibre packaging market and is expected to grow at a fast rate. This can be attributed to an increase in the number of production facilities for moulded fibre packaging throughout the Asia Pacific region, including in Bangladesh, India, China, Australia, and Indonesia. Furthermore, these countries are key exporters of packaging materials worldwide. Low labour costs and the availability of locally produced raw materials encourage the establishment of production facilities for the packaging sector in Asia Pacific countries. Moreover, rapid urbanisation and increasing disposable incomes are leading to an increase in purchase of various consumer products that often use moulded fibre packaging.

Competitive Landscape

Brødrene Hartmann A/S was founded in 1917 and is headquartered in Gentofte, Denmark. A leading producer of moulded pulp production equipment and egg packaging made of fibres, the company offers technology for producing moulded fibres and accompanying services. The foundation of Hartmann products are recycled paper; a sustainable, carbon-neutral, and biodegradable resource.

Orcon Industries, a prominent and creative industrial packaging company with headquarters in New York, United States, offers all-inclusive solutions for packaging needs. Established in 1982, Orcon uses fast-prototyping processes to deliver package samples quickly and accurately, catering to orders in-house to provide the best packing options.

Henry Moulded Products Inc. was established in 1963 and has its headquarters in Pennsylvania in the United States. The company creates, develops, and produces moulded fibre products, with a goal to sell and produce high-quality, unique moulded fibre products to clients all over the world.

Other market players include CKF, Inc. and Primapack, among others.

Key Highlights of the Report