Asia-Pacific molded pulp packaging market is estimated to grow at a CAGR of 5.1% during the forecast period. The growing food and beverage industry is the major factor in accelerating market growth. As per the India Brand Equity Foundation (IBEF), the food processing sector accounts for nearly 32% of India’s total food market. In India, the online food ordering business is witnessing exponential growth in the country. The availability of online food delivery players including Zomato, Swiggy, FoodPanda, and TinyOwl, establishing scale through partnerships in the country. The increasing food processing sector is eventually leading the demand for molded pulp packaging as a sustainable alternative to plastics.
Get Free Sample link @ https://www.omrglobal.com/request-sample/asia-pacific-molded-pulp-packaging-market
Additionally, the Indian government declared the ban on single-use plastics by 2022, which will further result in an increasing demand for molded pulp packaging in the food sector. In the foodservice sector, compostable food packaging developed from the molded fiber is a suitable choice for insulating and rigid containers which makes it ideal for takeaway meal service. Molded pulp fiber trays and food containers come in several sizes. Such products are suitable for home delivery and takeaway packaging of orders from several kinds of restaurants. In addition, these are highly recyclable, biodegradable, and compostable.
A full report of Asia-Pacific Molded Pulp Packaging Market available @ https://www.omrglobal.com/industry-reports/asia-pacific-molded-pulp-packaging-market
- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Asia-Pacific Molded Pulp Packaging Market by Source
- Wood
- Non-Wood
Asia-Pacific Molded Pulp Packaging Market by Type
- Thermoformed
- Processed
- Thick Wall
- Transfer
Asia-Pacific Molded Pulp Packaging Market by End-Use
- Food Packaging
- Food Service
- Electronics
- Healthcare
- Others
Regional Analysis
- China
- India
- Japan
- Rest of Asia-Pacific
Company Profiles
- Brødrene Hartmann A/S
- Detmold Group
- Foshan KBD Molding Science & Technology Co. Ltd.
- Huhtamaki OYJ
- Pro-Pac Packaging, Ltd.
- Pulp2pack
- Qingdao Xinya Molded Pulp Packaging Products Co, Ltd.
- Redpod (China) Co., Ltd.
- Shanghai Huain Industrial Co., Ltd.
- Sonoco Products Co.
- UFP Technologies, Inc.
The Report covers:
- Comprehensive research methodology of the Asia-Pacific molded pulp packaging market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- Exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the Asia-Pacific molded pulp packaging market.
- Insights about market determinants which are stimulating the Asia-Pacific molded pulp packaging market.
- Detailed and extensive market segments with regional distribution of forecast revenues.
- Extensive profiles and recent developments of market players.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/asia-pacific-molded-pulp-packaging-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
