Molded Pulp Packaging Market Analysis

End-user (Food Packaging, Manufacturing, Electronics, Healthcare)

The molded pulp packaging market is segmented and analyzed for demand and supply by end user into food packaging, manufacturing, electronics, and healthcare. Out of the four end users of molded pulp packaging, the food packaging segment is estimated to gain the largest market share in the year 2037. The growth of the segment can be attributed to a rise in the number of people using online food services. By 2027, it is anticipated that almost 2,600 million people would order food online around the world. Besides this, the high non-renewable waste generation from the food packaging industry is also anticipated to augment the segment growth. In the United States, food packaging materials account for around 63% of the millions of tons of solid trash that are produced there. Moreover, in 2018 the United States manufactured close to 2 million tons of aluminum packaging which is a non-renewable packaging material. It can be seen all over the grocery stores from chips bags to soda cans.

Product Type (Trays, Clamshells, Cups, Plates, Bowls)

The global molded pulp packaging market is also segmented and analyzed for demand and supply by product type into trays, clamshells, cups, plates, and bowls. Amongst these five segments, the cups segment is expected to garner a significant share in the year 2037. The growth of the segment is majorly attributed to the rising use of coffee cups which majorly contributes to pollution. In the UK, almost 3 billion coffee cups are used each year and thrown away, besides this just one in every 400 of these cups is recycled. On the other hand, a rising effort by the government to ban single-use plastic for cups is also expected to boost segment growth. The European Commission decided to ban single-use plastics in 2022, including bags, cotton buds, cutlery, food containers, drinking cups, wet wipes, and others.

Our in-depth analysis of the global market includes the following segments: