Molded Pulp Packaging Industry Procurement Intelligence, Day One Analysis Report, 2020 – 2027
Procurement Outlook
Molded pulp packaging is made by a variety of materials like
recycled paper, cardboard, or other natural
fibers (sugarcane, bamboo, wheat straw). The raw materials used
in pulp packaging determine the color, surface texture, and strength of the
packaging.
The molded packaging can be segmented into four major categories
based on the manufacturing process.
·
Thick
walled: Made with a single mold. The wall thickness ranges from 3/16 - 3/8
inches.
·
Transfer
molded: Manufactured with one forming and one transfer mold. The wall thickness
ranges from 1/8 to 3/16 inches.
·
Thermoformed:
It is also known as thin-walled and manufactured using multiple heated molds.
The wall thickness ranges from 3/32 to 5/32 inches.
·
Processed:
It is made by a secondary treatment process.
Read
report summary: MoldedPulp Packaging Industry Procurement Intelligence
Following is the most common industrial manufacturing process of
pulp packaging:
·
Mixing
·
Forming
·
Drying
·
Pressing
·
Trimming
·
Quality
check
Demand Outlook
The global molded pulp packaging market is valued at USD 3.8
billion in 2020 and it is expected to grow at a CAGR of 6% from 2020 to 2027
due to the growing demand for sustainable packaging solutions. APAC is leading
the global molded pulp packaging industry with more than 40% share in 2020
followed by North America and Europe. The rising environmental and pollution
concerns in the countries like China and India have forced government agencies
and organizations to strictly adhere to sustainability strategies, which
resulted in a ban on the usage of single-use plastic and increased adoption of
biodegradable packaging solutions.
The food
packaging industry
is the leading application segment with a 40% market share and it is expected
to generate a high demand for molded pulp packaging during the forecast period.
Cost
Drivers
Raw material costs including wood pulp, non-wood pulp, recycled
paper pulp, sizing elements, filler agents, and pigments are the major cost
drivers of molded pulp packaging. It accounted for more than 40% of the overall
production cost. Furthermore, energy cost and labor cost are also important
cost components while determining the overall cost of molded pulp packaging,
accounting for ~30% of the total cost.
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Procurement Intelligence Report:
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·
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identifies suppliers who are dominating, emerging, lounging, and specializing
·
Sourcing / Procurement Intelligence - best practices followed in the
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