The USA and Canada molded fiber pulp packaging market is likely to reach a valuation of US$ 3.0 billion in 2033 from US$ 1.9 billion in 2023. Sales of molded fiber pulp packaging are projected to surge by 5.2% CAGR in the assessment period from 2023 to 2033.
Organizations such as the Sustainable Packaging Coalition, a prominent advocate for sustainable packaging in North America, play a pivotal role in researching and promoting eco-friendly packaging materials. According to this organization, molded fiber pulp packaging is recognized as an environmentally responsible and sustainable packaging solution. This underlines the growing shift toward packaging materials that are both functional and eco-conscious, aligning with the principles of sustainability and responsible consumer choices.
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Recyclability of molded fiber has enabled surging adoption in the packaging industry, with manufacturers eager to embrace an alternative to the oil-based form of packaging due to government restrictions and consumer preference for sustainable products. Molded fiber pulp packaging provides security to products that are packaged. Various end-use industries are adopting molded pulp packaging as it is considered to be a superior alternative to polystyrene foam packaging.
Growth Factors
The burgeoning shift towards eco-friendly packaging, with molded fiber pulp packaging offering similar protective qualities as expanded polystyrene, is poised to drive sales. One crucial distinction is that while expanded polystyrene is challenging to recycle, molded fiber pulp is derived from recycled paper, making it an environmentally responsible and sustainable option. The durability and shock-absorbing properties of molded pulp materials are instrumental, particularly during the transportation or handling of valuable products such as electronic gadgets, wine bottles, and mobile phones.
Molded pulp, renowned for its sustainability, is expected to experience remarkable growth, especially in the realm of secure packaging. In the past, expanded polystyrene packaging was the go-to choice for safeguarding various products against external shocks and damage. However, in response to environmental concerns, many countries, including the USA, have taken measures to prohibit the use of single-use plastic materials in various applications, notably take-out containers for food and across multiple industries.
As a result, the demand for protective packaging, exemplified by molded fiber pulp packaging, is on the rise in the USA and Canada. This is driven by the imperative to shield valuable items from the rigors of vibration and shock during transit, aligning with the evolving landscape of sustainable and secure packaging solutions.
Key Players
- Henry Molded Products, Inc.
- EnviroPAK Corporation
- Michelsen Packaging Company
- Western Pulp Products Company
- Footprint
- Multipap Industries
- ProtoPak Engineering Corporation
- Hartmann Canada Inc.
- Keiding Inc
- Atlantic Pulp
- MFT-CKF Inc
- OrCon Industries Corporation
- Cascades Inc.
- Huhtamaki Oyj
- Pacific Pulp Molding, Inc.
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Molded Fiber Pulp Packaging Market Outlook by Category
By Molded Pulp Type:
- Thick Wall
- Transfer Molded
- Thermoformed Fiber
- Processed Pulp
By Product Type:
- Trays
- Drink Carriers
- 2 Cups
- 4 Cups
- 6 Cups
- More than 8 cups
- Boxes
- End Caps
- Plates
- Bowls
- Cups
- Clamshell Containers
By Application:
- Primary Packaging
- Secondary Packaging
- Edge Protectors
By End Use:
- Consumer Durables
- Mobile Phone
- Television
- Laptops
- Tube Lights and Bulbs
- Others (Air Conditioners, Refrigerators)
- Food & Beverage
- Egg Packaging
- 4 eggs
- 6 eggs
- 12 eggs
- 24 eggs
- More than 30 eggs
- Wine Packaging
- 375 ml
- 750 ml
- 1.5 liters
- More than 3 liters
- Fruit Packaging
- Others
- Egg Packaging
- Cosmetics
- Food Services
- Healthcare
- Automotive
- Logistics
- Others (Candles, Flower Packaging)
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