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Molded Fiber Pulp Packaging
Molded pulp or molded fiber is a packaging material made from recycled paperboard and/or newsprint.
SEATTLE, WA, UNITED STATES , January 11, 2022 /EINPresswire.com/ -- Market Overview:
Molded pulp or molded fiber is a packaging material made from recycled paperboard 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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Competitive Landscape:
Major players operating in the global molded fiber pulp packaging market include, Brodrene Hartmann A/S, Dynamic Fibre Moulding (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:
Increasing investment in sustainable packaging is expected to propel growth of the global molded fiber pulp packaging market over the forecast period. For instance, in May 2021, Huhtamaki, a manufacturer of sustainable packaging solutions, announced to setup a new manufacturing unit in KwaZulu-Natal in South Africa to serve its existing and new egg packaging customers in the KwaZulu-Natal area with a broad range of locally produced packaging solutions.
Moreover, increasing adoption of robotic cells in manufacturing is also expected to aid in growth of the market. For instance, in November 2021, Switzerland-based ABB Robotics partnered with Zume, California-based packaging maker, to supply robotic cells designed to boost Zume’s production of compostable packaging.
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Covid-19 Impact Analysis
The Covid-19 pandemic has led to increase in demand for sanitary paper products, owing to increased awareness of germ spread and heightened sanitation practices. Moreover, increasing demand for online shopping has also led to boost in demand for cardboard boxes.
Key Takeaways
Major players operating in the global molded fiber pulp packaging market are focused on adopting partnership strategies to enhance their market share. For instance, in May 2021, Stora Enso Oyj, a Finland-based papermaker, partnered with United Kingdom-based molded pulp packaging technology company Pulpex to industrialize the production of eco-friendly paper bottles and containers made from wood fiber pulp.
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Important Features that are under Offering and Key Highlights of the Reports:
– Potential and niche segments/regions exhibiting promising growth.
– Detailed overview of Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application, etc.
– Historical, current, and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Market
– Strategies of key players and product offerings
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✤ Examine the potential and advantages of the global and major regional markets, as well as the opportunities and challenges, as well as the constraints and risks.
✤ Determine whether market growth is being driven or hampered by trends and factors.
✤ Stakeholders will be able to assess market potential by identifying high-growth categories.
✤ Conduct a strategic analysis of each submarket's growth trends and contribution to the market.
✤ Competitive developments in the market include expansions, agreements, new product launches, and acquisitions.
✤ To develop a strategic profile of the major players and conduct a thorough analysis of their growth strategies.
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✔ In the next seven years, what innovative technology trends should we expect?
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✔ What organic and inorganic strategies are businesses employing to gain market share?
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