Molded Fiber Packaging Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Molded Fiber Packaging Market Size and It is Segmented by Type (Thick Wall, Transfer, Thermoformed, and Processed), by Formal Type (Wet and Dry), by End-User Industry (Food & Beverages, Electronics, Healthcare, and Other End User Industry), by Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa). The Market Sizes and Forecasts are in Terms of Value in USD for all the Above Segments.

Molded Fiber Packaging Market Size

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Molded Fiber Packaging Market Summary
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Study Period 2019 - 2029
Market Size (2024) USD 14.66 Billion
Market Size (2029) USD 18.68 Billion
CAGR (2024 - 2029) 4.96 %
Fastest Growing Market Europe
Largest Market Europe

Major Players

Molded Fiber Packaging Market

*Disclaimer: Major Players sorted in no particular order

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Molded Fiber Packaging Market Analysis

The Molded Fiber Packaging Market size is estimated at USD 14.66 billion in 2024, and is expected to reach USD 18.68 billion by 2029, growing at a CAGR of 4.96% during the forecast period (2024-2029).

The growing need for sustainable packaging made from renewable and recyclable materials is leading to continued interest in the potential of molded fiber packaging market. Factors such as expanding demand in end-user industries and applying envir onment-friendly protective packaging solutions are sorting the market. Waste non-wood products like wheat and bagasse are used more frequently to make pulp.

  • Consumers are now more aware of the long-term effects of their purchasing decisions than they were a decade ago. In terms of where and how to spend their money, modern consumers give their purchases careful consideration. This awareness is mostly focused on package sustainability in the modern period as environmental concerns increase. Over 83% of younger consumers (aged 44 and under) have indicated a willingness to spend more for items that employ sustainable packaging, according to Trivium Packaging's Global Buying Green recent report.
  • PulPac developed and owned Dry Molded Fiber, a fiber-forming technology that can affordably and sustainably replace single-use plastic with fiber-based alternatives. Converters who set up their production can use this unique technique. PulPac created the PulPac Modula standardized machine platform with partners to hasten the transition. This platform is now accessible to licensees and is available at the PulPac Tech Centre for sample and bridge volume production. To align with global sustainability, quality, and productivity Scandicore, a key manufacturer of sustainability packaging, introduced the first paper tube lids ever produced using PulPac's ground-breaking dry molded fiber technology in February 2022. This spring, the first art print supplies with the revised cover will reach customers. PulPac will produce the bridge volumes.
  • Also, molded pulp packaging has been a popular option for organizations wanting to reduce their environmental impact as the packaging sector has come under greater scrutiny in recent years. Pulp-based packaging, made from fibrous materials like recycled cardboard and paper or natural fibers like bamboo, wheat, or sugarcane, is highly recyclable and can be used up to seven more times after serving its initial function. Additionally, molded pulp is biodegradable, as opposed to typical plastic-based packaging, allowing for a reduction in the number of raw materials used to make packaging items.
  • However, fluctuations in the cost of raw materials might hinder market growth. However, total fiber availability is a concern in the paper industry. Imports have climbed to three million tons, and numerous nations' governments have adopted import laws and restrictions and increased tariffs and excise levies. Due to a container shortage in December, international liners raised their prices.
  • The pandemic presented challenges for the molded pulp packaging market in the short term, but its long-term prospects were positive as it emphasized on hygiene, sustainability, along with the growing demand for essential products. Manufacturers are adjusting to the changing market conditions and working to address supply chain disruptions to meet the rising demand for molded pulp packaging solutions.
  • However, post-COVID-19, consumer behavior has changed substantially. Buyers are more concerned than ever before about products' hygiene, disability, and sustainability. The shoppers' evolving needs and a consumer-focused approach will remain crucial as this crisis continues. As the market adapts more to the current scenario, consumer behavior will undoubtedly change in the forecast period. Thus, the post-COVID future for molded fiber packaging looks favorable in terms of demand.

Molded Fiber Packaging Market Trends

Food and Beverages to be the Largest End-user Industry

  • Molded fiber products are increasingly used in the food-related sector to replace plastics and meet the growing demand for eco-friendly and sustainable products. Applications for the food market are subject to strict standards and must comply with them. In addition to some basic strength specifications, such as tensile and thermal qualities, improved barrier properties are crucial for materials in the food market sector.
  • The food packaging products made of molded pulp include clam-shell and takeout meal containers, egg trays and cartons, and fruit, vegetable, berry, and mushroom trays. The majority of the food packaging items on the market utilize trays.
  • Further, the packaging must have barrier qualities that reduce the exchanges of gases and water vapor between the food and the environment to slow down food's chemical, physical, and microbiological changes. As a result, for materials intended for food-related product packaging, the permeability to water vapor and oxygen are crucial properties to consider.
  • The relatively big e-commerce, wine, and other beverages segments are expected to see the most significant sales increases in the protective packaging industry. Prices for custom tooling are reducing, and people are becoming more conscious of molded fiber's environmental and performance benefits.
  • Soft drink companies are still trying to decrease the amount of pollution and waste produced by their packaging materials. Even though people are becoming more negative towards plastic, it is still the most used material for soft drink packaging worldwide. However, many companies in the molded fiber packaging market are expanding their footprints, boosting the studied segment of the market. 
  • Further, according to Agriculture and Agri-Food Canada, the sales value of packaged foods in 2018 was valued at USD 1 billion and is expected to reach USD 1.42 billion In 2023. Such growth in the food industry would further drive the market for molded fiber packaging.
Molded Fiber Packaging Market: Forecast Sales Value of Organic Packaged Foods, In USD Billion, Canada, 2018 - 2023

Europe is Expected to Dominate the Market

  • Western Europe has emerged as one of the most important markets for mold fiber packaging, with industrialized countries such as the United Kingdom having a larger urban population and higher disposable income. The package manufacturing business in the United Kingdom generates GBP 11 billion (USD 13.99 billion) in yearly sales, according to the Packaging Federation of the United Kingdom. It employs over 85,000 people, accounting for 3% of the manufacturing workforce in the United Kingdom. It also substantially contributes to the UK economy and is an important link in the packaging supply chain.
  • Germany's packaging business is known for its extensive use in the food industry. Consumers seek products that provide convenience, protection, and ease of transportation, which drives demand for various packaging, particularly plastic replacements in food products, particularly dairy food, meat, and prepared meals. Furthermore, strict limits on single-use plastics and high demand for sustainable packaging drive market expansion.
  • In Italy, the growing demand for eco-friendly protective packaging in bowls, trays, and other products is anticipated to boost market growth. Molded fiber packaging is a 100% recyclable, environmentally friendly packaging solution made from plant fibers. The raw materials used to manufacture molded fiber packages are pulp, natural fibers, and water. Molded dissolving pulp products are used mainly as packaging solutions in the food industry, which is driving the market currently.
  • Spain's growing urbanization, tourism, and e-commerce market are expected to generate demand for the molded fiber packaging industry. The expanding middle class in the emerging economies of Europe, like Spain, is creating demand for protective packaging solutions, such as heavy-duty molded pulp packaging, subsequently driving the market.
  • With the rapidly increasing food service business in Eastern European countries, the Eastern European market is expected to grow at the quickest rate over the projection period. Eastern European countries' demand for molded pulp materials for egg, meat, and fruit packaging will likely contribute to market growth.
Molded Fiber Packaging Market - Growth Rate by Region

Molded Fiber Packaging Industry Overview

The molded fiber packaging market is highly fragmented, with the presence of major players like Huhtamaki OYJ, Henry Moulded Products Inc., Omni-Pac Group UK, Cullen Packaging Ltd., and Brødrene Hartmann A/S. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.

In May 2023, Omni-Pac Group UK, a manufacturer of molded fiber packaging solutions, announced the opening of a new site of EUR 8 Million (USD 8.5 Million) and 60,000 square feet, located in the town of Scunthorpe, which will enable the company to increase its production capacity and create more than 100 new employment opportunities over a period of five years.

In December 2022, Cullen announced a customer acquisition. It will soon be supplying a wide range of its SRPs to CakeDécor, the UK's largest manufacturer and supplier of cake decorations. Cullen also manufactures a wide range of products for factory bakeries, fine food manufacturers, handicraft workshops, and leading UK supermarkets, building a reputation for quality.

Molded Fiber Packaging Market Leaders

  1. Huhtamaki OYJ

  2. Henry Moulded Products Inc.

  3. Omni-Pac Group UK

  4. Cullen Packaging

  5. Brødrene Hartmann A/S

*Disclaimer: Major Players sorted in no particular order

Molded Fiber Packaging Market Concentration
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Molded Fiber Packaging Market News

  • June 2023 - Sabert Corporation announces the launch of new proprietary molded fiber blends, Pulp Plus and Pulp Max, which are intentionally PFAS-free. As part of its commitment to eliminate all intentionally added perfluoroalkyl and poly-fluoroalkyl substances (PFAS) from its product portfolio by the end of 2023, Sabert's new pulp formulations aim to help customers achieve their sustainability goals.
  • February 2023 - PulPac, the Swedish company that makes Dry Molded Fiber, is teaming up with PA Consulting to create a fiber bottle that's designed to replace plastic bottles in the food, drinks, consumer health, and FMCG sectors. It's based on PulPac'sown proprietary technology.

Molded Fiber Packaging Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET INSIGHTS

    1. 4.1 Market Overview

    2. 4.2 Industry Attractiveness - Porter Five Forces Analysis

      1. 4.2.1 Bargaining Power of Suppliers

      2. 4.2.2 Bargaining Power of Buyers

      3. 4.2.3 Threat of New Entrants

      4. 4.2.4 Threat of Substitute Products

      5. 4.2.5 Intensity of Competitive Rivalry

    3. 4.3 Industry Value Chain Analysis

    4. 4.4 Assessment of the COVID-19 Impact on the Market

    5. 4.5 Import Export Analysis of Molded Fiber For Listed Countries

      1. 4.5.1 United States - Import and Export Analysis

      2. 4.5.2 United Kingdom - Import And Export Analysis

      3. 4.5.3 France - Import and Export Analysis

      4. 4.5.4 Germany - Import and Export Analysis

      5. 4.5.5 Italy - Import and Export Analysis

      6. 4.5.6 Sapin - Import and Export Analysis

      7. 4.5.7 China - Import and Export Analysis

      8. 4.5.8 Japan - Import and Export Analysis

      9. 4.5.9 India - Import and Export Analysis

      10. 4.5.10 Brazil - Import and Export Analysis

      11. 4.5.11 Mexico - Import and Export Analysis

      12. 4.5.12 United Arab Emirates - Import and Export Analysis

      13. 4.5.13 Saudi Arabia - Import and Export Analysis

      14. 4.5.14 South Africa - Import and Export Analysis

  5. 5. MARKET DYNAMICS

    1. 5.1 Market Drivers

      1. 5.1.1 Shift in Consumer Preferences Toward Recyclable and Eco-friendly Materials

      2. 5.1.2 Growing Disposable Income

      3. 5.1.3 Augmented Demand for Reusable and Sustainable Packaging From End Users

    2. 5.2 Market Challenges

      1. 5.2.1 Strict Government Rules and Regulations

      2. 5.2.2 Fluctuations in the Cost of Raw Materials

  6. 6. MARKET SEGMENTATION

    1. 6.1 By Type

      1. 6.1.1 Thick wall

      2. 6.1.2 Transfer

      3. 6.1.3 Thermoformed

      4. 6.1.4 Processed

    2. 6.2 By Formal Type

      1. 6.2.1 Wet

      2. 6.2.2 Dry

    3. 6.3 By End-user Industry

      1. 6.3.1 Food and Beverages

      2. 6.3.2 Electronics

      3. 6.3.3 Healthcare

      4. 6.3.4 Other End-user Industry

    4. 6.4 By Geography

      1. 6.4.1 North America

        1. 6.4.1.1 United States

        2. 6.4.1.2 Canada

      2. 6.4.2 Europe

        1. 6.4.2.1 United Kingdom

        2. 6.4.2.2 France

        3. 6.4.2.3 Germany

        4. 6.4.2.4 Italy

        5. 6.4.2.5 Spain

        6. 6.4.2.6 Rest of Europe

      3. 6.4.3 Asia-Pacific

        1. 6.4.3.1 China

        2. 6.4.3.2 Japan

        3. 6.4.3.3 India

        4. 6.4.3.4 Rest of Asia-Pacific

      4. 6.4.4 Latin America

        1. 6.4.4.1 Brazil

        2. 6.4.4.2 Mexico

        3. 6.4.4.3 Rest of Latin America

      5. 6.4.5 Middle East and Africa

        1. 6.4.5.1 United Arab Emirates

        2. 6.4.5.2 Saudi Arabia

        3. 6.4.5.3 South Africa

        4. 6.4.5.4 Rest of Middle East and Africa

  7. 7. COMPETITIVE LANDSCAPE

    1. 7.1 Company Profiles*

      1. 7.1.1 Huhtamaki OYJ

      2. 7.1.2 Henry Moulded Products Inc.

      3. 7.1.3 Omni-Pac Group UK

      4. 7.1.4 Cullen Packaging Ltd.

      5. 7.1.5 Brodrene Hartmann A/S

      6. 7.1.6 EnviroPAK Corporation

      7. 7.1.7 Heracles Packaging Company SA

      8. 7.1.8 Sabert Corporation

      9. 7.1.9 Keiding Inc.

      10. 7.1.10 Berkley International

  8. 8. INVESTMENT ANALYSIS

  9. 9. FUTURE OF THE MARKET

**Subject to Availability
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Molded Fiber Packaging Industry Segmentation

The study covers the molded fiber packaging market tracked in terms of consumption and the sales of molded fiber packaging products offered by various vendors operating across the geographies. The consumption value of molded fiber packaging is considered in (USD billion) for the market size and forecasts. The market study factors the impact of COVID-19 on the market based on the prevalent base scenarios, key themes, and end-user vertical-related demand cycles.

The molded fiber packaging market is segmented by type (thick wall, transfer, thermoformed, and processed), by formal type (wet and dry), by end-user industry (food & beverages, electronics, healthcare, and other end-user industry), by geography (North America (United States and Canada), Europe (United Kingdom, France, Germany, Italy, Spain, and Rest of Europe), Asia Pacific (China, Japan, India, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), Middle East and Africa (United Arab Emirates, Saudi Arabia, South Africa, Rest of Middle East and Africa)). The market sizes and forecasts are in terms of value in USD for all the above segments.

By Type
Thick wall
Transfer
Thermoformed
Processed
By Formal Type
Wet
Dry
By End-user Industry
Food and Beverages
Electronics
Healthcare
Other End-user Industry
By Geography
North America
United States
Canada
Europe
United Kingdom
France
Germany
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East and Africa
United Arab Emirates
Saudi Arabia
South Africa
Rest of Middle East and Africa
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Molded Fiber Packaging Market Research FAQs

The Molded Fiber Packaging Market size is expected to reach USD 14.66 billion in 2024 and grow at a CAGR of 4.96% to reach USD 18.68 billion by 2029.

In 2024, the Molded Fiber Packaging Market size is expected to reach USD 14.66 billion.

Huhtamaki OYJ, Henry Moulded Products Inc., Omni-Pac Group UK, Cullen Packaging and Brødrene Hartmann A/S are the major companies operating in the Molded Fiber Packaging Market.

Europe is estimated to grow at the highest CAGR over the forecast period (2024-2029).

In 2024, the Europe accounts for the largest market share in Molded Fiber Packaging Market.

In 2023, the Molded Fiber Packaging Market size was estimated at USD 13.93 billion. The report covers the Molded Fiber Packaging Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Molded Fiber Packaging Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Molded Fiber Packaging Industry Report

Statistics for the 2023 Molded Fiber Packaging market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Molded Fiber Packaging analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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Molded Fiber Packaging Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)