Molded Fiber Plates and Bowls Market was valued at USD 1.1 Billion in 2022 and is projected to reach USD 1.8 Billion by 2030, growing at a CAGR of 7.5% from 2024 to 2030.
The global market for molded fiber plates and bowls was valued at approximately USD 1.2 billion in 2022, with a compound annual growth rate (CAGR) of 6.8% projected from 2023 to 2028. The growing demand for eco-friendly and sustainable packaging solutions is driving this expansion. The increasing consumer preference for biodegradable and recyclable materials, coupled with stricter environmental regulations, is expected to bolster market growth. In particular, the foodservice industry’s shift towards sustainable packaging options is a significant contributor to this upward trend. The market is anticipated to reach around USD 1.7 billion by the end of 2028, reflecting the accelerating adoption of molded fiber products across various applications.
Emerging markets, particularly in Asia-Pacific and Latin America, present substantial growth opportunities due to their expanding middle-class population and increasing environmental awareness. These regions are witnessing a rise in both demand and production capabilities for molded fiber products. The opportunity for market players lies in leveraging advancements in molded fiber technology and expanding distribution networks to tap into these high-growth areas. Additionally, partnerships with foodservice providers and retailers are likely to enhance market penetration and drive further growth. The overall market dynamics suggest a promising future for molded fiber plates and bowls as they align with the global shift towards sustainability and environmental responsibility.
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Huhtamaki
Hartmann
Pactiv
CDL (Celluloses de la Loire)
Nippon Molding
Vernacare
UFP Technologies
FiberCel
China National Packaging Corporation
Berkley International
Okulovskaya Paper Factory
DFM (Dynamic Fibre Moulding)
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Molded Fiber Plates and Bowls Market
Eggs
Medical
Industrial
Fruits and Vegetables
Others
Based on Types the Market is categorized into Below types that held the largest Molded Fiber Plates and Bowls market share In 2023.
Disposable Molded Fiber Products
Reusable Molded Fiber Products
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Molded Fiber Plates and Bowls Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Molded Fiber Plates and Bowls Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Molded Fiber Plates and Bowls Market, By Type
6. Global Molded Fiber Plates and Bowls Market, By Application
7. Global Molded Fiber Plates and Bowls Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Molded Fiber Plates and Bowls Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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