The global molded fiber pulp edge protectors market is worth US$ 1.4 Bn as of now and is expected to reach US$ 2.5 Bn by the year 2032 at a CAGR of 5.9% between 2022 and 2032.
The molded fiber pulp edge protectors have shock absorption properties that ascertain damage protection regarding the products. Personal care and food & beverages vertical are dominating the molded fiber pulp edge protectors market. They are conducive to egg packaging. Transfer molded products are used for packaging mobile phones, electrical devices, and various other consumer goods.
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Molded pulp comes across as one of the versatile materials that is expected to grow by leaps and bounds in the forecast period. EPS (Expanded Polystyrene) packaging was looked upon as clever packaging to protect products in distribution hitherto. Molded fiber pulp packaging tends to have much better grip, elasticity, and shock absorption. The extended application areas include packaging of wine bottles, cosmetics, cushions for computers, inserts for the mobile phones, and protective packages for candles.
Transfer molded fiber pulp is expected to hold more than 50% of the market share. Air permeability is the factor driving the demand for transfer molded fiber pulp. The other advantage is that shelf life of the food that is transported gets enhanced. The items like non-alcoholic and alcoholic beverages, vegetables, fruits, and eggs could also be saved from damage and breakage due to stress absorption that molded pulp packaging offers.
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Shipping & logistics section is expected to grow 1.4 times in the molded fiber pulp edge protectors market going forward. This could be credited to rising demand from e-Commerce businesses along with globalization. Vibration-dampening properties are also adding to growth of molded fiber pulp edge protectors market.
Future Market Insights has delved deep into the nitty-gritties related to molded fiber pulp edge protectors market with future perspectives. The market study is entitled ‘Molded Fiber Pulp Edge Protectors Market’. The analysts and consultants are into every mode of research (primary, secondary, and tertiary) to execute.
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Key Takeaways from Molded Fiber Pulp Edge Protectors Market
- North America holds the largest market share and the scenario is expected to remain the same even going forward. This could be attributed to the US planning to curtail usage of single-use plastic packaging. Also, almost 12 cities inclusive of Washington DC and New York, Seattle have either taxed or banned usage of polystyrene single-use products like cups, clamshells, and other food service and food packaging.
- The Asia-Pacific is expected to grow at the highest rate in the molded fiber pulp edge protectors market due to growing demand for environmentally-friendly packaging alternatives to plastic counterparts. Various medium- and small-sized businesses do produce egg trays/fruit trays using recycled pulp. The Ministry of Environment, Forest and Climate Change did draft plastic management rules for using single-use plastic. As an outcome, manufacturers going for sustainable packaging are expected to flourish in the years to come. Recycled cardboard, recycled papers, and natural fibers are used for making molded fiber pulp.
- Europe is at the matured stage of molded fiber pulp edge protectors market and is expected to maintain the status quo even going forward.
Competitive Analysis
- Huhtamaki Oyj, in March 2022, expanded its manufacturing capacities of Europe by providing plastic-free packaging solutions all across the Europe.
- Best Pulp Product, in October 2022, did receive approval from the US FDA for egg cartons.
The key Players Are:
- Huhtamaki
- Greenweimo packaging
- Henry Molded products
- CSL Packaging
- Buhl paperfoam
- FiberCel
- Tridas
- RyPynax
- Winner Pulp
- BonitoPak
“With food & beverage and personal care verticals asking for molded fiber pulp edge protectors to render secured packaging solutions, the global molded fiber pulp edge protectors market is expected to go great guns in the forecast period”, says an analyst from Future Market Insights.
How does the Report edge?
- The research study is based on molded pulp type (thick wall, transfer molded thermoformed fiber, and processed pulp), and by end-use (electrical & electronics, automotive, healthcare, shipping & logistics, and likewise).
- With growing demand for biodegradable materials, the molded fiber pulp edge protectors market is expected to grow on a good note in the forecast period.
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