Molded pulp boxes is made from a variety of fibrous materials, such as recycled paper, cardboard or other natural fibers (sugarcane, bamboo, wheat straw). The raw materials help determine the color, surface texture and strength of the packaging.
Molded pulp packaging is formed to shape. So, unlike cardboard boxes, it does not start as a flat sheet. Instead, it is designed with round corners and complex three-dimensional shapes. Egg cartons are a great example.
In recent years, the manufacturing technology has improved so the final products have a smoother surface and a more sophisticated look & feel. With the improved appearance, pulp packaging is now being used for a wide range of applications, in addition to traditional protective packaging (end caps, egg cartons). The growing importance of sustainability has also helped make pulp packaging an attractive option. Not only can it be made from recycled materials, it can also be easily recycled again after its useful life-cycle. If it doesn’t make it to the landfill or recycling facility, the fibers in pulp packaging are biodegradable, unlike plastic and Styrofoam (EPS) packaging.
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Increasing environmental awareness & regulations in North America & Europe are projected to drive the molded pulp cups demand in the food & beverage sector over the forecast period. Molded pulp cups are made from 100% recycled material and can be recycled again. As they are biodegradable, they are rapidly replacing foam and EPS in the food & beverage service industry.
Related Books:- Paper And Pulp Production Technology
Reasons of Growth in Molded Pulp Boxes
· The global Molded Pulp Packaging Market Size is expected to exceed $4.3 billion by 2026, registering a CAGR of 4.5% from 2020 to 2026. Growing poultry and agriculture industry to induce product demand till the forecast period. Factors such as growing demand in end-use industries and the use of sustainable, environment-friendly protective packaging solutions are driving the market. However, inefficient raw material sourcing and management might hamper the market. Moreover, research and development (R&D) investments can be a futuristic opportunity driving this market. Asia-Pacific is estimated to be a prominent region for molded fiber packaging market owing to the presence of a large number of OEMs in the region.
· The molded pulp packaging market is anticipated to grow exponentially primarily owing to growing environmental concerns and stringent government regulations against extensively used materials such as plastics. The material is also been increasingly used in packaging and shipping industrial spare parts & components. The highly effective impact absorption owing to tightly stacked fibers has allowed many manufacturers to adopt molded pulp as a preferred material during long haul transportation. There are a slew of raw material choices ranging from wood, paper, and bamboo with all having their own and unique physical characteristics.
· Molded pulp packaging is widely used in poultry and agriculture industries owing to its natural shock-absorbing characteristics. In agriculture, the material is shaped as certain fruit shapes & sizes to provide protection from bruises and molds during long haul transportation. These specialized shaped trays and boxes can accommodate avocados, strawberries, lemon, mangos, papayas, and others. Europe accounted for over 23% share in 2019 and expected to grow with a CAGR of over 4% during the forecast period.
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Conclusion
The report covers all the major aspects of a business from analyzing the market, confirming availability of various necessities such as plant & machinery, raw materials to forecasting the financial requirements. The scope of the report includes assessing market potential, negotiating with collaborators, investment decision making, corporate diversification planning etc. in a very planned manner by formulating detailed manufacturing techniques and forecasting financial aspects by estimating the cost of raw material, formulating the cash flow statement, projecting the balance sheet etc.
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