Acknowledging the kind of traction gained by this market, Industry Data Analytics recently published a study report asserts the global Fiber Formed Packaging Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 3.4% during the review period (2022 to 2027).
Fiber Formed Packaging Market Overview
Products made of Fiber Formed Packing are frequently used in the handling and packaging of a variety of products because they safeguard the goods during shipping. Because they can offer three-dimensional shapes, they offer convenience to the customer. They are created from newspapers and other post-consumer materials, are simple to recycle, and offer a number of environmental advantages. Due to the negative consequences of plastics, the packaging industry is continuing to move away from plastic and Styrofoam-based packaging solutions and toward formed fibre products. The use of plastic packaging, which is a significant environmental problem because it harms the land and wildlife, is being discouraged by governments and people alike worldwide. These packaging items are therefore certified for food safety and comply with all international food safety standards.
Recent Developments:
30 June 2021 : Leading global thermoformer TEQ has announced that its sub-brand Fibrepak can now use pulp made from 100 percent recovered waste paper in the manufacturing process of its sustainable packaging products.
May 2019, Huhtamaki announced that they launch its new fiber-based meal trays suited for both regular oven and microwave for Waitrose & Partners to change black plastic. These trays are also certified for home composting and can be recycled.
Who are the Major Players in Fiber Formed Packaging Market?
The global Fiber Formed Packaging includes identification and analysis of the various market participants competing in the global market. Prominent competitors include Hartmann, Huhtamaki, Stora Enso, Kiefel, Fibrepak, UFP Technologies, TRIDAS, PulPac and many others
What are the major Applications, Types and Regions for Fiber Formed Packaging Market?
Fiber Formed Packaging Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
- Clamshell Packaging
- Trays
- Other
By Application it is segmented into
- Food Industry
- Industrial
- Medical
- Other
Fiber Formed Packaging Market Regional Analysis
China, Japan, India, and the rest of Asia-Pacific are included in the region known as Asia-Pacific. Because there are so many OEMs in the area, the market for electronics manufacturing in the industry is anticipated to expand quickly throughout the forecast period. The region's industry will benefit from the low cost and accessibility of labour and raw resources. The food and beverage sector is likewise expanding at the quickest rate in Asia-Pacific. It has been noted throughout time that the area is becoming into a major worldwide automobile hub. It has grown to be a significant vehicle supplier and buyer. As Fiber Formed Packaging materials are used to keep items fresh, increase their shelf life, and decrease product waste and loss. They are sculptable into any three-dimensional form.
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
What is our Fiber Formed Packaging Market report scope?
Report Attributes
|
Report Details
|
Forecast Period 2022 to 2027 CAGR
|
CAGR of 3.4% during the review period (2022 to 2027).
|
By Type
|
- Clamshell Packaging
- Trays
- Other
|
By Application
|
- Food Industry
- Industrial
- Medical
- Other
|
By Companies
|
Hartmann, Huhtamaki, Stora Enso, Kiefel, Fibrepak, UFP Technologies, TRIDAS, PulPac
|
Regions Covered
|
- North America
- Europe
- Asia-Pacific
- Rest of the World
|
Countries Covered
|
- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
|
Base Year
|
2022
|
Historical Year
|
2017 to 2021
|
Forecast Year
|
2022 to 2027
|
Number of Pages
|
106
|
Customization Available
|
Yes, the report can be customized as per your needs
|
Key Takeaways from this Fiber Formed Packaging Report
- Evaluate Fiber Formed Packaging market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
- Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
- Analyze the sales and distribution channels across geographies to enhance top-line revenues.
- Market share held by each application segment with respect to the market renumeration and sales estimates over the forecast timeline are stated in the report.
- Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Fiber Formed Packaging market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
- It further investigates the specifics that are positively impacting the profit graph of this business sphere.
- The study also elaborates the critical factors which will augment the commercial terrain of the Fiber Formed Packaging market.
Frequently Asked Questions
What is the study period of this market?
The Fiber Formed Packaging Market is studied from 2017 - 2027.
What is the growth rate of Fiber Formed Packaging Market?
The Fiber Formed Packaging Market is growing at a CAGR of 3.4% over the next 5 years.
Who are the leading key players in Fiber Formed Packaging Market?
Hartmann, Huhtamaki, Stora Enso, Kiefel, Fibrepak, UFP Technologies, TRIDAS, PulPac
What regions do this Fiber Formed Packaging Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Fiber Formed Packaging Market?
Clamshell Packaging, Trays, Other
What are the significant Applications of Fiber Formed Packaging Market?
Food Industry, Industrial, Medical, Other
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
