North American molded pulp packaging market is estimated to grow at a CAGR of 3.5% during the forecast period. Rising demand for sustainable packaging and increasing food and beverage industry are some crucial factors encouraging market growth. As per the Government of Canada, the food and beverage processing industry in Canada is the second-largest manufacturing industry in terms of value of manufacturing with sales of goods produced amounted to $117.8 billion in 2019.
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This results in an increasing demand for molded pulp fiber packaging for protective packaging during transportation, handling, and to meet the requirements of strength, stiffness, and stability needs. A good, molded pulp design enables complete protection of the contents in the process of shipping and handling. Paper pulp can be molded into the fruit shape and utilized as a fruit tray. Pulp molded tableware can be used to cup carrier, bowl, dishware, fast food tray, and others. These products are characterized by good stiffness, lightweight, elegant appearance, and are easy to be stored and transported.
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North American Molded Pulp Packaging Market Segmentation
By Source
• Wood
• Non-Wood
By Type
• Thermoformed
• Processed
• Thick Wall
• Transfer
By End-Use
• Food Packaging
• Food Service
• Electronics
• Healthcare
• Others
Regional Analysis
• United States
• Canada
Company Profiles
• ALLPACK Solutions Inc.
• EnviroPAK Corp.
• FiberCel Packaging LLC
• Genpak LLC
• Henry Molded Products Inc.
• Novolex (Eco-Products, Inc.)
• Protopak Engineering Corp.
• PulpWorks, Inc.
• Sabert Corp.
• Sonoco Products Co.
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