Formed & Moulded Fibre Packaging Webinar
17 April 2024 | 11:00 - 16:00 GMT
- Volume consumption of moulded pulp packaging is estimated at nearly 12 million tonnes in 2023, with a market value of $4.3 billion
- The market value for moulded pulp is expected to reach over $5.5 billion by 2028, representing a CAGR of 6% at constant 2022 prices
- Market volume will reach over 15 million tonnes of material, constituting almost 250 billion units, in 2028.
- An overview of the key drivers and trends affecting supply and demand of moulded pulp packaging; primarily looking at market growth and industry consolidation
- Insight into the key cutting-edge technology developments for moulded pulp
- Assessment of the market for different processes of moulded pulp, including dry moulding and four types of wet moulding
- Examination of the demand for moulded pulp packaging by end-use application, geographic region and key national market to 2028.
- Advances in technology are improving the performance and viability of moulded fibre products, making them more durable, versatile, and cost effective. Coating technologies are opening up new market applications for these pack formats with printing and labelling techniques adding to their opportunities for advancement.
- The introduction of dry moulding and forming technologies represent a major, if somewhat speculative, opportunity for the market which may drive up these growth forecasts even further, especially in the niche market of beverage cup lids where key advances are already being seen.
- With applications spanning egg packaging to automotive parts and fast-food trays, the future prospects for moulded fibre packaging are extremely positive
- The market is driven by the growing environmental concerns and public awareness of plastic waste and the need to reduce consumption of single-use plastics, with many governments introducing rules and regulations to support this transition.
This report is based on extensive primary and secondary research. Primary research consisted of targeted interviews with material suppliers, converters and experts drawn from key markets. This was supported by secondary research in the form of extensive literature analysis of published data, official government statistics, domestic and international trade organisation data, company websites, industry reports, trade press articles, presentations, and attendance at trade events.
Who should buy the report?
- Raw materials suppliers
- Pulp suppliers
- Moulded pulp manufacturers
- Packaging converters
- Retailers
- Brand owners
Stephen Harrod spent 11 years building a market research company in South Africa, focused on the paper and packaging industry there, following which he spent six years in the paper industry with Mondi and JAC Labels before relocating to the UK. He has been authoring reports for Smithers since 2006, with a focus on global paper and packaging markets.