The global molded pulp packaging market is estimated to grow at a CAGR of 4.6% during the forecast period. The increasing demand for molded pulp fiber packaging across end-use industries such as food packaging, food service, and electronics sector is supporting accelerating market growth. In the electronics sector, molded pulp packaging provides superior protection against the detrimental effects of vibration and shock for a range of sensitive electronic devices, such as toner cartridges, modems, desktop computers, cell phones, hard drives, and printers. The excellent cushioning performance provided by molded fiber packaging removes the possibility of surface scratches and abrasions on the appliances and is appropriate for a range of internal logistics conditions and transport situations.
To Request a Sample of our Report on Global Molded Pulp Packaging Market: https://www.omrglobal.com/request-sample/molded-pulp-packaging-market
Electronic appliances also require to be protected from the changing climatic conditions, dust, and dampness. Molded pulp packaging offers protection to these devices across a comprehensive range of temperatures and high humidity conditions, in turn, minimize the percentage of damaged merchandise. Based on the customer requirements, the manufacturers of molded pulp packaging tailor the packaging to comprise oil-and-water resistant, shock-proof, and anti-static properties, making which makes it an appropriate choice for electronic devices.
(Get 15% Discount on Buying this Report)
A full Report of Global Molded Pulp Packaging Market is Available at: https://www.omrglobal.com/industry-reports/molded-pulp-packaging-market
Scope of the Global Molded Pulp Packaging Market
Market Coverage
- The market number available for 2019-2026
- Base year- 2019
- Forecast period- 2020-2026
- Segment Covered- By Source, Type, and End-Use
- Regions Covered- North America, Europe, Asia-Pacific, and Rest of the World
- Competitive Landscape- Brødrene Hartmann A/S, Huhtamaki OYJ, UFP Technologies, Inc., Sonoco Products Co., and Novolex.
Recent Developments in the Global Molded Pulp Packaging Market
- In August 2020, Acorn Pulp Group acquired a breakthrough molded fiber manufacturing machine from Southern Moulded Pulp and Moulded Fibre Technologies. This will enable Acorn to offer superior quality products and services to its customers at competitive prices.
- In April 2019, Eco-Products (a part of Novolex Brand) declared a new series of molded fiber containers and plates. This new line referred to as Vanguard shows the company’s focus on foodservice packaging. It is effective in both hot and cold applications and produced from sugarcane as well as it is microwave friendly. This series is also water and grease resistant.
Global Molded Pulp Packaging Market-Segmentation
By Source
- Wood
- Non-Wood
By Type
- Thermoformed
- Processed
- Thick Wall
- Transfer
By End-Use
- Food Packaging
- Food Service
- Electronics
- Healthcare
- Others
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
