Pune, India -- (SBWIRE) -- 03/13/2018 -- Market Research Future published a research report on "Molded Fiber Packaging Market Research Report- Forecast 2023" – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Global Molded fiber packaging market Information by Type (Thick-Wall, Transfer, Thermoformed (Thin-wall), Processed), By End-Use (Food and Beverages, Electronic, Personal Care and Others) and By Region – Forecast To 2023

Huhtamaki (Finland), UFP Technologies, Inc. (U.S.), Moulded Fibre Product Ltd. (U.K.), Henry Moulded Products Inc. (U.S.), Brødrene Hartmann A/S (Denmark), Cullen Packaging Ltd. (U.K.), EnviroPAK Corporation (U.S.), Heracles Packaging Company SA (Greece), Keiding, Inc. (U.S.), and Hurley Packaging of Texas (U.S.) and others are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Molded Fiber Packaging Market.

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The global molded fiber packaging market is majorly driven by the increase in demand from the fruit and vegetable packers. Much care needs to be taken for transportation and distribution of fruits and vegetables so as to prevent spoilage. The molded fiber packages are rigid and thus, help in protecting the fruits from damage. Packaging also has moisture resistant properties, which help in protecting the food from bacterial contamination. The market is majorly driven by the increase in demand from the egg packaging manufacturers. The molded fiber packaging prevents eggs from breakage and spoilage and retains moisture. The use of molded fiber packages also prevents eggs from rotting and losing its quality.

Geographically, the molded fiber packaging market has been segmented as North America, Asia-Pacific, Europe and Rest of the world. The North America region is expected to dominate the global molded fiber packaging market, owing to the existence of large number of manufacturers in the region such as UFP Technologies, Inc., Keiding, Inc. and EnviroPAK Corporation. The market is also being driven by the increase in demand for consumer goods, which include household electrical appliances and fruits and vegetables. The Asia-Pacific region is also expected to grow during the forecast period as many manufacturing plants are being set up in the developing nations such as India, which creates demand for the molded-fiber packages.

Industry/ Innovation/ Related News:

June, 2016 - Brodrene Hartmann A/S started construction on the manufacturer's $30 million food packaging facility in Rolla, Missouri. The project is expected to create at least 50 new jobs by the start of 2017. Danish-based Brodrene Hartmann is the world's leading manufacturer of molded-fiber egg packaging and one of the world's largest manufacturers of machinery for producing molded-fiber packaging. Hartmann will add 20,000 sq. ft. to an existing facility in Rolla, bringing its total square footage to 354,000 sq. ft. and representing the initial steps that will soon create dozens of new jobs in the area. The Rolla facility will produce sustainably-made, molded-fiber egg cartons for the U.S. market. Cartons will be made of 100 percent recycled newspaper sourced from the Midwest and distributed nationally.

Danish-based Brodrene Hartmann is the world's leading manufacturer of molded-fiber egg packaging and one of the world's largest manufacturers of machinery for producing molded-fiber packaging. Hartmann will add 20,000 sq. ft. to an existing facility in Rolla, bringing its total square footage to 354,000 sq. ft. and representing the initial steps that will soon create dozens of new jobs in the area. The Rolla facility will produce sustainably-made, molded-fiber egg cartons for the U.S. market. Cartons will be made of 100 percent recycled newspaper sourced from the Midwest and distributed nationally.

September, 2016– James Cropper Plc has launched a new renewable and recyclable molded fiber product said to be a sustainable alternative to plastic. James Cropper is a producer of premium paper and packaging products, specializing in precise color matching. The group's new business, James Cropper 3D Products, has developed a custom, design-engineered, molded paper packaging product made from entirely renewable materials that can be recycled with household paper.

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Molded Fiber Packaging Market – Segmentation

The Global Molded Fiber Packaging Market is segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;

Segmentation by Type : Comprises Thick-Wall, Transfer, Thermoformed (Thin-wall), Processed.

Segmentation by End User : Comprises Food and Beverages, Electronic, Personal Care and Others

Segmentation by Regions : Comprises Geographical regions - North America, Europe, APAC and Rest of the World.

Molded Fiber Packaging Market: Regional Analysis

The North America region is expected to dominate the growth of the molded fiber packaging market, owing to the increase in demand for consumer goods such as food & beverage and household products and the need for their efficient packaging. The Asia-Pacific region is also expected to grow, owing to the existence of a large number of manufacturers in the region and increase in demand of molded fiber packaging by them.

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