According to Future Market Insights, Europe Molded Fiber Pulp Packaging Industry 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.
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 Industry forward.
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.
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Key Trends Fueling Demand for Molded Fiber Pulp Packaging in Europe
Emerging E-commerce Industry in Europe Propelling Molded Fiber Pulp Packaging Demand
The ascending prominence of the e-commerce sector, coupled with the continual technological advancements in the packaging industry, is set to drive an upsurge in the demand for enhanced cushioning packaging, especially for delicate and sensitive items. This category encompasses a broad range of products, including those crafted from glass, delicate crockery, electronic devices, such as smartphones and laptops, as well as eyewear like spectacles.
Molded fiber pulp packaging presents an array of compelling advantages, including recyclability, biodegradability in soil, and sustainability. Additionally, it boasts features that effectively reduce waste generation and minimize the ecological footprint. These remarkable attributes have spurred a gradual shift among European e-commerce companies towards the adoption of molded fiber pulp packaging solutions for their product shipments, thus exerting a positive influence on the overall market expansion.
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.
- Regulatory Support: Favorable regulations and policies promoting the use of sustainable packaging materials have stimulated the growth of the molded fiber pulp packaging market in Europe.
- 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.
- Customization and Branding: Molded fiber pulp can be easily customized and branded, making it an attractive option for companies looking to differentiate their products in the market.
- Reduced Packaging Costs: Molded fiber pulp is often cost-competitive with other packaging materials, and its lightweight nature can help reduce transportation costs.
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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.
- 2 Cups
- 4 Cups
- 6 Cups
- More than 8 cups
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
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Europe Molded Fiber Pulp Packaging 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)
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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