Molded Fibre Clamshell And Container Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Mold Pulp Type (Heavy Wall, Transfer Molded, Processed, And Thermoformed), By End Use (Food And Beverage, Healthcare Products, Electronics, Automotive, Logistics, And Others), And By Geography - Forecasts From 2019 To 2024

The Molded Fibre Clamshell and Container market is estimated to grow at a CAGR of 6.38% to reach a market size of US$2227.439 million in 2024 from US$1537.137 million in 2018. Molded Fibre is packaging materials produced from recycled paperboard. Molded fibre clamshells and containers are used for the safe packaging of electronics consumer goods and food & beverages. The rising preference for eco-friendly packaging is expected to be a key driver for the market. Further, governmental support for recyclable material for packaging is anticipated to boost the market in the upcoming years. Moreover, the growing food and beverage industry along with demand for lightweight and safe packaging is expected to drive the market for molded fibre clamshells and containers market during the forecast period. The market has been segmented on the basis of molded pulp type, end-use, and geography. In the end-use segment, food & beverage is anticipated to hold a significant market share due to the augmenting demand for lightweight and efficient packaging. Geographically, North America is projected to be a significant region owing to the presence of major players in the region. The Asia Pacific is also anticipated to grow substantially on account of the rising food & beverage industry in the region.

DRIVERS

Growing food & beverage industry.

Rising demand for consumer durables.

RESTRAINTS

Availability of substitutes

RECENT DEVELOPMENTS

In November 2018, WestRock Company acquired KapStone paper and Packaging with an aim to expand its portfolio of paper and packaging solutions.

The major players profiled in the Molded Fibre Clamshell and Container market include Pactive LLC, Fibrecel, Keyes Packaging Group, ESCO Technologies Inc., EnviroPak Corporation, Henry Molded Products Inc., Huhtamaki Group, West Rock Company, UFP Technologies Inc., and Biodegradable Packaging for Environment Co. Ltd. among others.

Molded Fibre Clamshell And Container Market Scope:

Segmentation

The Molded Fibre Clamshell and Container market has been analyzed through the following segments:

By Mold Pulp Type

Heavy Wall

Transfer Molded

Processed

Thermoformed

By End Use

Food and Beverage

Healthcare Products

Electronics

Automotive

Logistics

Others

By Geography

North America

USA

Canada

Mexico

South America

Brazil

Argentina

Others

Europe

Germany

France

United Kingdom

Spain

Others

Middle East and Africa

Saudi Arabia

Israel

Others

Asia Pacific

China

Japan

South Korea

India

Others