Molded Fiber Trays Global Outlook Report 2024 - Molded Fiber Tray Holders Gain Acceptance for Shipping & Storage of Wine Bottles
Dublin, March 28, 2024 (GLOBE NEWSWIRE) -- The "Molded Fiber Trays - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.
The global market for Molded Fiber Trays estimated at US$1.9 Billion in the year 2023, is projected to reach a revised size of US$2.9 Billion by 2030, growing at a CAGR of 5.1% over the analysis period 2023-2030.
Transfer Molded Trays, one of the segments analyzed in the report, is projected to record 5.7% CAGR and reach US$1.7 Billion by the end of the analysis period. Growth in the Thermoformed Fiber segment is estimated at 4.8% CAGR for the next 8-year period.
The Molded Fiber Trays market in the U.S. is estimated at US$457.4 Million in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$406.5 Million by the year 2030 trailing a CAGR of 6.6% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.8% and 4.6% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 4.1% CAGR.
Key Market Trends & Drivers:
Growing Demand for Eco-Friendly Packaging & Sustainability and Versatility Benefits Boost Adoption in Different Industries
Mounting Concerns over Pollution Caused by Non-Degradable Packaging Materials Turns Focus onto Molded Fiber Packaging
Single Use Plastics Pollution Throws Spotlight on Sustainability and Eco-Friendly Packaging
Food & Beverage Packaging: Customization & Shelf Life Advantages Fuel Use of Molded Fiber Trays
Packaged Foods & Beverage Industry to Generate Sustained Opportunities for Molded Fiber Trays
Rising Consumption of Eggs Fuels Need for Molded Fiber Trays
Molded Fiber Tray Holders Gain Acceptance for Shipping & Storage of Wine Bottles
Growing Focus on Eco-friendly Materials Drives Increasing Use of Molded Fiber Trays in Foodservice Industry
Increased Focus on Sustainable Products Drives Demand for Molded Fiber Trays in Food Service Industry
Manufacturing Activity & Automotive Production Dynamics to Impact Demand for Automotive & Mechanical Parts Packaging Market
Medical Industry Turns to Molded Fiber Trays as Sustainable Packaging Solution
Demand for Consumer Durables & Electronics to Influence Market Demand
Transportation & Logistics Emerge as Potential Market for Molded Fiber Tray Packaging
Burgeoning Retail E-Commerce Market Presents Growth Opportunity for Molded Fiber Trays
Advancements in Processing Technologies and Equipment Fuel Market Prospects
The report features profiles of 40+ featured companies. A selection of companies in the report includes:
Georgia-Pacific
International Paper Company
Huhtamaki
DS Smith
Pactiv
BillerudKorsnas
EnviroPAK
Mayr-Melnhof Karton
KEYES Packaging GroupA
Sealed Air Corporation
AR Packaging Group
Henry Molded Products
FiberCel
OrCon Industries
Kinyi Technology
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
An Introduction to Molded Fiber Trays
Manufacturing Process of Pulp Packaging
Molded Pulp Types
Global Market Prospects & Outlook
Food & Beverage Packaging: High Demand for Molded Fiber Trays
Developed Regions Lead Market, Developing Economies to Boost Long-term Growth
Competition
Recent Market Activity
Molded Fiber Trays - Global Key Competitors Percentage Market Share in 2023 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Single Use Plastics Pollution Throws Spotlight on Sustainability and Eco-Friendly Packaging: Global Plastics Production Output in Million Tons for the Years 2010 through 2023
Packaged Foods & Beverage Industry to Generate Sustained Opportunities for Molded Fiber Trays: World Retail Market for Food & Beverages (in US$ Trillion) for the Years 2019, 2021 & 2024
Rising Consumption of Eggs Fuels Need for Molded Fiber Trays: Per Capita Consumption of Eggs in the US for 2010-2022
Eggs Production Worldwide: Egg Production (in Billion) by Leading Countries
Global PMI Index Points for the Years 2018, 2019 & 2020
World Automobile Production in Million Units: 2008-2022
Growing Number of Consumer Electronics Users (in Million) Bodes Well for Future Market Prospects: 2019-2027
Rise of E-Commerce and its Impact on Logistics Packaging Bodes Well: Global Retail E-Commerce Revenues (In US$ Trillion) for the Years 2019, 2021, 2023 & 2025
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
United States
Canada
Japan
China
Europe
France
Germany
Italy
United Kingdom
Spain
Russia
Rest of Europe
Asia-Pacific
Australia
India
South Korea
Rest of Asia-Pacific
Latin America
Argentina
Brazil
Mexico
Rest of Latin America
Middle East
Iran
Israel
Saudi Arabia
United Arab Emirates
Rest of Middle East
Africa
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/yueznz
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