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What is the current size and annual growth rate of the molded fiber packaging market?
The molded fiber packaging market size has grown strongly in recent years. It will grow from $8.46 billion in 2024 to $8.99 billion in 2025 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to increased awareness and concern about environmental sustainability, increased consumer preference for sustainable and biodegradable products, abundant availability of raw materials, recyclability and biodegradability of molded fiber packaging, and increased demand in the food and beverage industry.
The molded fiber packaging market size is expected to see strong growth in the next few years. It will grow to $11.25 billion in 2029 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to increasing stringent environmental regulations, recyclability and biodegradability of molded fiber packaging, the rapid growth of e-commerce, the rapid expansion of retail stores, and advocacy and support from environmental organizations. Major trends in the forecast period include technological advancements, improved product quality, innovation in design, enhanced durability, and improvements in the supply chain and logistics.
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Which industry factors have accelerated the molded fiber packaging market’s expansion?
The growing e-commerce industry is expected to propel the growth of the molded fiber packaging market going forward. The growth can be fueled by increased internet penetration, convenience for consumers, a wider product selection, and flexible shopping options. Molded fiber packaging is required for e-commerce due to its protective, sustainable, and versatile characteristics that safeguard products during shipping while minimizing environmental impact. For instance, in February 2024, according to the Census Bureau of the Department of Commerce, a US-based government department, in the fourth quarter of 2023, e-commerce sales surged by 7.5% compared to the same period in 2022. Therefore, the growing e-commerce industry is driving the growth of the molded fiber packaging market.
What are the primary segments of the molded fiber packaging market?
The molded fiber packaging market covered in this report is segmented –
1) By Product: Trays, Containers, Clamshells, Bowls, Plates, Other Products
2) By Material: Recycled Paper, Virgin Paper, Mixed Pulp
3) By Source: Wood Pulp, Non-Wood Pulp
4) By Application: Protective Packaging, Food Service Packaging, Electronics Packaging, Cosmetic And Personal Care Packaging, Other Applications
Subsegments:
1) By Trays: Fresh Food Trays, Bakery And Confectionery Trays, Meat And Poultry Trays, Seafood Trays, Produce Trays, Fruit And Vegetable Packaging Trays, Protective Trays For Electronics, Transport Trays (For Shipping And Storage)
2) By Containers: Single-Use Containers, Take-Out Containers, Packaging For Ready-To-Eat Meals, Beverage Holders And Carriers, Custom Molded Fiber Containers, Food Delivery Containers, Custom Packaging Containers (For Specific Industries)
3) By Clamshells: Food Clamshells (For Fruits, Vegetables, And Fast Food), Bakery And Pastry Clamshells, Electronics Packaging Clamshells, Clamshells For Cosmetics And Health Products, Clamshells For Medicinal And Pharmaceutical Products, Eco-Friendly Clamshell Packaging
4) By Bowls: Salad Bowls, Soup And Snack Bowls, Disposable Bowls For Fast Food, Bowls For Ready-To-Eat Meals, Takeaway Food Bowls, Bowls For Catering And Events
5) By Plates: Disposable Plates For Catering And Events, Plates For Fast Food And Takeout, Compostable And Biodegradable Plates, Plates For Ready-To-Eat Meals, Eco-Friendly And Sustainable Plates, Custom Molded Plates For Special Applications
6) By Other Products: Food Packaging Inserts And Dividers, Protective Packaging For Fragile Items, Beverage Holders (For Cups And Bottles), Egg Cartons, Cosmetic And Personal Care Product Packaging, Cosmetic Trays, Electronics And Fragile Goods Packaging, Custom Molded Packaging Solutions
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Which firms are leading the molded fiber packaging market?
Major companies operating in the molded fiber packaging market are Sonoco Products Company, Pactiv Evergreen Inc., Huhtamaki Oyj, Nippon Molding Co. Ltd., Cascades Inc., Genpak LLC, Brødrene Hartmann A/S, Fabri-Kal Corporation, UFP Technologies Inc., CKF Inc., Pro-Pac Packaging Ltd., Dentas Paper Industry Inc., Henry Molded Products Inc., EnviroPAK Corporation, Guangzhou NANYA Pulp Molding Equipment Co. Ltd., Fibercel Packaging LLC, Dynamic Fibre Moulding (PTY) Ltd., Omni-Pac Group, Moulded Fibre Products Ltd., Cullen International, Eco-Products Inc., Pacific Pulp Molding Inc., Primeware LLC, Qingdao Xinya molded Pulp Packaging Co. Ltd, TRIDAS
Which market trends are set to define the future of the molded fiber packaging market?
Major companies operating in the molded fiber packaging market are developing technologically advanced products, such as sustainable molded fiber packaging, to meet the growing demand for eco-friendly packaging solutions. Sustainable molded fiber packaging utilizes recycled paperboard or other fibers to create biodegradable and recyclable packaging solutions, minimizing environmental impact compared to traditional materials like plastic. For instance, in January 2024, Genpak LLC, a US-based food service packaging company, launched the Harvest Fiber line, which includes hinged food service containers, trays, and tableware. Harvest Fiber containers are specifically crafted to meet the rigorous demands of food service operators, seamlessly integrating environmental sustainability with robust packaging performance and durability. Crafted from renewable fibers, these containers are microwave-safe, polyfluoroalkyl substances (PFAS)-free, and adept at accommodating both hot and cold foods. They are designed to maintain meal integrity, whether used for in-house dining or off-premises service, providing a practical solution for restaurants navigating regulatory challenges concerning PFAS substances.
Which geographic trends are shaping the molded fiber packaging market, and which region has the highest market share?
North America was the largest region in the molded fiber packaging market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the molded fiber packaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Molded Fiber Packaging Market Report 2025 Offer?
The molded fiber packaging market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Molded fiber packaging is an eco-friendly packaging solution made from recycled paper and other natural fibers, molded into various shapes to protect products during shipping and handling. It is commonly used for packaging due to its cushioning properties and biodegradability. The purpose of molded fiber packaging is to provide sustainable, durable, and protective packaging options that reduce environmental impact compared to traditional plastic-based packaging.
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