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Pulp Molding Market in U.S Grows Strongly By 2024

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Author : HGHY
Update time : 2022-01-27
According to the latest analysis by Freedonia Group, US demand for pulp molded (or fiber molded) packaging is expected to grow at an annual rate of 6.1% to reach $1.3 billion by 2024. The demand for pulp molding is expected to climb at a strong rate owing to its environmental advantages, especially its recyclability, biodegradability, and compostability in industrial facilities. Key factors contributing to the strong sales growth include: Wide recognition of the performance advantages of pulp molding, including superior cushioning, support and barrier properties; Competitiveness with plastic alternatives in terms of cost, performance and aesthetics development of pulp-molded products; a backlash against single-use plastic products made from expanded polystyrene (EPS) foam, and the ban on certain EPS foodservice packaging products.

Trays and filler boards for eggs, apples, and other types of fruits and vegetables will remain the primary packaging product for pulp molding by 2024, accounting for more than 20% of sales. Trays and slabs, as well as egg trays, were the earliest uses of pulp molding due to the material's good cushioning properties and low cost. Egg trays will continue to account for the second largest share of molded pulp sales, as egg producers will rely on this packaging for protection and price comparable to expanded polystyrene (EPS) foam.

The market share of pulp-molded egg trays will grow slightly, mainly due to its superior sustainability (pulp-molded containers are recyclable, biodegradable and compostable in some regions).

Molded pulp packaging is less aesthetically pleasing than plastic, but it helps convey a “farm-fresh” image, which is what many egg suppliers need to differentiate their products.
 
HGHY Pulp Molding Pack Co.,Ltd., as the leading brand of China pulp molding, has been in pulp molding production system for 21 years since 2000. HGHY engages in  pulp molding complete solutions excelling in creating world class sustainable molded packaging products for many diversified applications, such as food packaging trays for egg, fruit, drinks and wine; one-off food service items like plates, bowls, lunchboxes and clamshells; and all kinds of protective and branding packaging for consumer electronics, cosmetics, home appliances and many industrial products.

HGHY Egg Tray Fruit Tray Machine / Egg Carton Machine
https://www.pulpmoldingchina.com/collections/egg-tray-machine-hghy-1
https://www.pulpmoldingchina.com/collections/egg-carton-machine

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