The rising adoption of sustainable and eco-friendly packaging solutions across industries such as food & beverages, electronics, cosmetics, and healthcare is a primary driving Europe Molded Fiber Pulp Packaging Market forward.
According to Future Market Insights, Europe Molded Fiber Pulp Packaging Market is estimated to be valued at US$ 2.6 billion in 2023. Total molded fiber pulp packaging sales across Europe are poised to surge at 5.7% CAGR between 2023 and 2033, taking the overall market valuation to US$ 4.5 billion by 2033.
European firms are increasingly utilizing packaging solutions made from materials such as molded pulp, in response to the growing trend toward sustainability. The protective features which molded fiber pulp packaging provides to the electronics products, such as cushioning, void fill, and blocking & bracing, will increase sales of molded fiber pulp packaging in Europe during the forecast period.
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Similarly, growing preferences for environmentally friendly and easy-to-open packaging that provides excellent protection for electrical products will fuel molded fiber pulp packaging demand across Europe.
Drivers:
- Environmental Awareness: Growing concern for the environment has led to an increased demand for sustainable and eco-friendly packaging solutions like molded fiber pulp, which is biodegradable and recyclable.
- Consumer Preference: Many consumers are actively seeking products packaged in environmentally friendly materials, and molded fiber pulp aligns with this preference.
- E-commerce Expansion: The surge in e-commerce has driven the demand for protective and sustainable packaging materials for shipping products, and molded fiber pulp meets these requirements.
- Reduced Packaging Costs: Molded fiber pulp is often cost-competitive with other packaging materials, and its lightweight nature can help reduce transportation costs.
Key Takeaways from Europe Molded Fiber Pulp Packaging Industry
- Based on molded pulp type, the transfer molded segment is projected to hold a 57.6% share of Europe’s molded fiber pulp packaging market during the assessment period
- By application, the primary packaging category is estimated to hold around 68.9% of the market value share by the end of 2023.
- By end use, the food & beverage segment is forecast to expand by 1.9 times during the assessment period.
- The United Kingdom molded fiber pulp packaging market is forecast to expand at a CAGR of 6.8% during the forecast period.
- Germany is expected to account for around 19.9% share of Europe’s molded fiber pulp packaging market in 2023.
- France is likely to hold about 17.2% share of the Europe market by the end of 2033.
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Key Market Players
- Huhtamaki Oyj
- International Paper Company
- TRIDAS s.r.o.
- PAPACKS SALES GmbH
- Pulp-Tec Limited
- PulpWorks, Inc.
- TART
- Dentas Paper Industry Inc.,
- Zume Inc.
- AR Packaging
- Brødrene Hartmann A/S
- Henry Molded Products
- Primapack SAE
- Robert Cullen Ltd
- buhl-paperform GmbH
- The Omni-Pac Group
- Decapulp, SL
- Pulpex Ltd
- Sonoco Products Company
Industry by Category
By Molded Pulp Type:
- Thick Wall
- Transfer Molded
- Thermoformed Fiber
- Processed Pulp
By Product Type:
- Trays
- Drink Carriers
- 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 & Bulbs
- Others (Air Conditioners, Refrigerators)
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About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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