Global Molded Fiber Packaging Market 2018-2022

Global Molded Fiber Packaging Market 2018-2022

  • December 2018 •
  • 114 pages •
  • Report ID: 4933645 •
  • Format: PDF
About this market
There has been a rise in the consumption of eggs across the world. As molded fiber packaging is extensively used for egg packaging, the global molded fiber packaging market has the opportunity to grow. Molded fiber packaging provides optimal protection and eliminates breakage throughout the entire supply chain, starting from storage to distribution and transportation. This type of packaging also prevents loss of moisture, rotting of eggs, and loss of quality. The types of molded fiber packaging used for eggs include cartons, trays, and family packs. Technavio’s analysts have predicted that the molded fiber packaging market will register a CAGR of almost 8% by 2023.

Market Overview
Growing popularity of recycled packaging
Vendors are adopting recycled packaging, which reduces the harmful environmental and health impact, to address these concerns. Thus, the packaging market is observing an increase in the use of eco-friendly packaging options such as molded fibers. These fibers are lighter than traditional fibers such as glass and metal.
Availability of substitutes
The global molded fiber packaging market faces stiff competition from the alternatives forms of packaging, such as plastic and metal. Also, molded fiber products are less durable and sturdy when compared with metal packaging products. Innovations in the alternative forms of packaging materials are expected to pose a challenge for the global molded fiber packaging market.
For the detailed list of factors that will drive and challenge the growth of the molded fiber packaging market during the 2018-2022, view our report.

Competitive Landscape
The market appears to be moderately fragmented and with the presence of several companies. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.’