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Global Molded Fiber Packaging Market 2018-2022| Growing Popularity of Recycled Packaging to Boost Demand| Technavio

January 4, 2019

LONDON--(BUSINESS WIRE)--Jan 4, 2019-- analysts forecast the global molded fiber packaging market to grow at a CAGR of nearly 8% during the forecast period, according to their latest market research report.

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Technavio has published a new market research report on the global molded fiber packaging market from 2018-2022. (Graphic: Business Wire)

The rising demand for paper based packaging is one of the major trends being witnessed in the . Modeled fiber is used to manufacture disposable packaging materials such as disposable trays and cups for the food sector. Food manufacturers are looking for packaging solutions that are biodegradable and recyclable along with having an extended shelf life and superior barrier properties. The use of pulp in molded fiber for packaging applications is growing at a steady rate.

This report is available at a USD 1,000 discount for a limited time only:

According to Technavio analysts, one of the key factors contributing to the growth of the global molded fiber packaging market is the growing popularity of recycled packaging:

Global molded fiber packaging market: Growing popularity of recycled packaging

Various consumer goods companies have shifted from traditional recyclable packaging such as glass. metal, and others to flexible recyclables such as polyethylene (PE), polypropylene (PP), and polyimide (PA) films and molded fibers, over the past few decades. Similarly, there has been a rise in health concerns due to the pollution caused by the mismanagement of packaging waste around the world. Plastic has been a major contributor to the increasing environmental and health concerns as it is one of the most common materials used in packaging.

According to a senior analyst at Technavio for research on packaging, “As plastics are made from the by-products of crude oil and natural gases, most of them are non-bio degradable. Thus, the food inside the packets may get contaminated with hazardous elements when plastic packets are not treated effectively, which can raise health concerns. Also, plastic packs add to the hazardous accumulation of landfills.”

Global molded fiber packaging market: Segmentation analysis

The global molded fiber packaging market research report provides market segmentation by end-user (food and beverage, consumer durables and electronic goods, automotive packaging, and home and personal care products), and by region (the Americas, EMEA, and APAC). It provides an in-depth analysis of the prominent factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges.

The food and beverage segment held the largest market share in 2017, accounting for over 53% of the market. This end-user segment is expected to dominate the global market throughout the forecast period.

EMEA led the market in 2017 and the region is expected to dominate the market through 2022.

Looking for more information on this market?

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

Market ecosystem Market characteristics Market segmentation analysis

Market Sizing

Market definition Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

Regional comparison Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

Vendors covered Vendor classification Market positioning of vendors Competitive scenario

About Technavio

is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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View source version on businesswire.com:https://www.businesswire.com/news/home/20190104005189/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING PACKAGING

SOURCE: Technavio Research

Copyright Business Wire 2019.

PUB: 01/04/2019 10:35 AM/DISC: 01/04/2019 10:35 AM

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