Molded pulp or molded fiber is a packaging material made from recycled cardboard and/or newsprint.
SEATTLE, WA, USA, Jan. 11, 2022 /EINPresswire.com/ — Market Snapshot:
Molded pulp or molded fiber is a packaging material made from recycled cardboard and/or newsprint. The packaging is produced with reusable, renewable or biodegradable materials such as newspaper and cardboard or natural fibers such as wood pulp, bamboo, bagasse and wheat straw.
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Key players operating in the global molded fiber pulp packaging market include Brodrene Hartmann A/S, Dynamic Fiber Molding (PTY) Ltd., EnviroPAK Corporation, ESCO Technologies Inc., FiberCel Packaging, LLC, Guangxi Qiaowang Pulp Packing Products Co. , ltd. , Guangzhou NANYA Pulp Molding Equipment Co., Ltd., Huhtamaki Oyj, Henry Molded Products, Inc., Keiding, Inc., ProtoPak Engineering Corporation, Pacific Pulp Molding, LLC, Pactiv LLC (Reynolds Group Holdings Ltd.), Spectrum Lithograph, Inc., and UFP Technologies, Inc.
Key Market Drivers:
Rising investment in durable packaging is expected to propel the growth of the global molded fiber pulp packaging market over the forecast period. For example, in May 2021, Huhtamaki, a manufacturer of sustainable packaging solutions, announced the establishment of a new manufacturing unit in KwaZulu-Natal, South Africa to serve its existing and new packaging customers. of eggs in the KwaZulu-Natal region with a wide range of locally produced packaging solutions.
Moreover, the increasing adoption of robotic cells in manufacturing is also expected to contribute to the growth of the market. For example, in November 2021, Swiss company ABB Robotics partnered with Zume, California-based packaging maker to provide robot cells designed to boost Zume’s compostable packaging production.
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Covid-19 impact analysis
The Covid-19 pandemic has led to an increase in demand for toilet paper products, due to increased awareness of the spread of germs and enhanced sanitation practices. Moreover, the growing demand for online shopping has also led to an increase in the demand for cardboard boxes.
Key points to remember
Key players operating in the global molded fiber pulp packaging market are focusing on adopting partnership strategies to enhance their market share. For example, in May 2021, Stora Enso Oyj, a Finland-based paper manufacturer, partnered with British molded pulp packaging technology company Pulpex to industrialize the production of environmentally friendly paper bottles and containers made from from wood fiber pulp.
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– Recent industry trends and developments
– Competitive landscape of the market
– Strategies of key players and product offerings
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✤ Perform strategic analysis of growth trends and contribution of each sub-market to the market.
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✔ In the next seven years, what innovative technology trends should we expect?
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