According to Future Market Insights, the Europe molded fiber pulp packaging market is expected to experience significant growth in the coming years. The market is estimated to be valued at US$ 2.6 billion in 2023, with projected sales growth at a CAGR of 5.7% between 2023 and 2033. By 2033, the market valuation is expected to reach US$ 4.5 billion.
One of the primary drivers for the growth of the molded fiber pulp packaging market in Europe is the increasing adoption of sustainable and eco-friendly packaging solutions across various industries. Industries such as food and beverages, electronics, cosmetics, and healthcare are turning to packaging solutions made from materials like molded pulp to align with the growing trend toward sustainability.
Molded fiber pulp packaging offers protective features that are beneficial for electronics products, including cushioning, void fill, and blocking & bracing. This aspect is expected to contribute to the increased sales of molded fiber pulp packaging in Europe during the forecast period.
Moreover, the preference for environmentally friendly and easy-to-open packaging that provides excellent protection for electrical products is driving the demand for molded fiber pulp packaging across Europe.
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The recyclable and adaptable nature of molded fiber makes it a popular choice among electronics manufacturers for product packaging. Additionally, molded fiber pulp packaging helps in reducing carbon emissions, aligning with the strict government regulations in Europe. As a result, electronics manufacturers and packaging solutions providers are adopting molded fiber pulp packaging as a sustainable alternative to plastic and other materials, thereby creating growth opportunities in the market.
The growing demand for packaged food products is another significant factor driving the growth of the molded fiber pulp packaging market in Europe. As consumers increasingly seek convenient and sustainable packaging for food items, the demand for molded fiber pulp packaging is expected to rise.
Overall, the Europe molded fiber pulp packaging market is expected to witness substantial growth due to the increasing adoption of sustainable packaging solutions, the protective features offered by molded fiber pulp packaging for electronics products, and the growing demand for packaged food products.
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
“Rising consumer demand for packaged food and shift towards eco-friendly and sustainable packaging solutions are expected to boost the molded fiber pulp packaging industry in Europe. Besides this, the government’s strict regulations on the use of traditional plastic will provide a growth opportunity for molded fiber pulp packaging companies,” says a Future Market Insights analyst.
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Ban on Plastic Packaging Usage to Boost Molded Fiber Pulp Packaging Market Across Europe
Retail businesses that sell fruits and vegetables in plastic containers are looking for alternatives to plastic containers due to the ban on fruits & vegetables being sold in plastic containers in Europe. For instance, the French Government announced a ban on fruits & vegetables being sold in plastic containers from January 2022. Similarly, Spain government is also about to impose a ban on fruits & vegetables being sold in plastic containers from 2023. These bans can create growth opportunities for reusable containers such as molded fiber pulp containers.
Clamshell containers, trays, and other molded fiber pulp packaging can be used in place of plastic containers for packing fruits & vegetables. They adhere to the anti-waste law and are also cost-effective. Molded fiber pulp is reusable and can be recycled several times.
Hence, ban on plastic containers coupled with growing demand for recyclable & reusable packaging solutions will boost molded fiber pulp packaging market across Europe during the forecast period.
Europe Molded Fiber Pulp Packaging Market Landscape
Key players operating in Europe molded fiber pulp packaging market are Huhtamaki Oyj, International Paper Company, TRIDAS s.r.o., PAPACKS SALES GmbH, Pulp-Tec Limited, PulpWorks, Inc., TART, Dentaş Paper Industry Inc., Zume Inc., AR Packaging, Brødrene Hartmann A/S, Henry Molded Products, Primapack SAE, Robert Cullen Ltd, buhl-paperform GmbH, The OMillioni-Pac Group, Decapulp, SL, Pulpex Ltd, Sonoco Products Company, Vernacare, Stora Enso, MOULDED FIBRE PRODUCTS, HZ Corporation, Colpac Ltd., and Kiefel Technologies.
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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)
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