Brand Story
24 Nov 2022, 16:45 GMT+10
The global molded fiber pulp cap market size reached US$ 1.16 Bn in 2021 and is likely to touch a valuation of US$ 1.2 Bn in 2022. Furthermore, with increasing usage across industries like food & beverages, automotive, cosmetics & personal care, and healthcare, the overall sales of molded fiber pulp caps are slated to rise at 4.4% CAGR between 2022 and 2032, totalling a valuation of US$ 1.8 Bn by 2032.
Factors such as rapid growth of end-use industries, growing demand for eco-friendly packaging, rising awareness about the benefits of molded fiber packaging are expected to push the demand for molded fiber pulp caps during the forecast period.Molded fiber pulp caps are innovative packaging solutions usually made from molded fiber. These caps are being increasingly used for protecting a wide range of products from external forces and environment due to their shock and vibration resistance.
Request Sample Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-15586
Global Molded Fibre Pulp Cap Market Landscape
Some of the estimated leading players operating in the molded fibre pulp cap market include
These players are continuously introducing new products, establishing new recycling facilities, and forming partnerships and collaborations to gain a competitive edge in the market.
Molded Fibre Pulp Cap Market Key Takeaways
Ask an Analyst @ https://www.futuremarketinsights.com/askus/rep-gb-15586
"Rising demand for sustainable and protective packaging options, rapid expansion of food & beverage industry, and increasing government initiatives for clean and safe environment are expected to provide impetus to the growth of molded fiber pulp cap market over the next ten years," says FMI analyst
Growth in Packaged Food Segment is Driving the Growth for Molded Fiber Pulp Caps Market
The beverage segment includes businesses in the processing of beverages and packed food materials, packaging, and distribution of food, as well as alcoholic and non-alcoholic beverages. The worldwide food and beverage industry is being propelled ahead by two significant drivers: growing acceptance of ready-to-eat food and a growth in the number of on-the-go customers. Furthermore, increased population and per capita income, as well as changing lifestyles, are boosting the industry. Additionally, increased meat and alcohol consumption, as well as the development of the food supply chain, are all driving factors in the industry's growth.
Ice cream, waffles, pancakes, ready-to-eat noodles, and yoghurt, among other items, require molded fiber pulp caps for packaging and serving. These commodities are expected to see a significant boost in demand, particularly among teenagers during the forecast period. As a consequence, this factor is predicted to drive market development throughout the forecast period.
Molded Fiber Pulp Cap Market by Category
By Molded Pulp Type:
By Distribution Channel:
By End Use:
By Region:
Report Customization available @ https://www.futuremarketinsights.com/customization-available/rep-gb-15586
Related Reports
Molded Pulp Basket Market: by Type, Source, Application, End users & Region - Forecast 2022 - 2032
Molded Fiber Pulp Packaging Market: By Product Type (Trays, Drink Carriers, Plates), Application (Primary Packaging, Secondary Packaging, Edge Protectors), End Use (Consumer Durables, Food & Beverage, Food Services) & Region - Forecast To 2021- 2031
Molded Fiber Wine Packs Market: Molded fibre wine packs market to reach a valuation of US$ 3.5 Billion in 2022, and further to US$ 8.1 Billion in 2032, at a CAGR of 8.7%
About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-845-579-5705
For Sales Enquiries: [email protected]
Browse Latest Market reports: https://www.futuremarketinsights.com/reports
The post Global Molded Fiber Pulp Cap Market is expected to expand at a 4.4% CAGR through 2032 | Future Market Insights, Inc. appeared first on Future Market Insights.
This content is published on behalf of the above source. Please contact them directly for any concern related to the above.
This press release may contain forward-looking statements. Forward-looking statements describe future expectations, plans, results, or strategies (including product offerings, regulatory plans and business plans) and may change without notice. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements.
Get a daily dose of Raleigh Times news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Raleigh Times.
More InformationLONDON, U.K.: This week, BP appointed Simon Henry, former Shell finance chief, to its board as a non-executive director effective September...
OTTAWA, Canada: With Canada Post struggling to maintain operations amid labour unrest, rivals like FedEx and UPS are stepping in to...
NEW YORK, New York - U.S. and global markets showed a mixed performance in Tuesday's trading session, with some indices edging higher...
PARIS, France: French military and intelligence officials have accused China of orchestrating a covert campaign to damage the reputation...
NEW DELHI, India: Birkenstock is stepping up its efforts to protect its iconic sandals in India, as local legal representatives conducted...
HONG KONG: China has fired back at the European Union in an escalating trade dispute by imposing new restrictions on medical device...
(Photo credit: Steven Bisig-Imagn Images) After a week of angst that saw them fall out of first place in the American League East,...
(Photo credit: Brad Penner-Imagn Images) Giancarlo Stanton hit a three-run homer in the sixth inning, Aaron Judge added his 34th...
(Photo credit: Charles LeClaire-Imagn Images) Pittsburgh Pirates center fielder Oneil Cruz accepted an invitation on Tuesday to compete...
(Photo credit: Stephen Brashear-Imagn Images) Cal Raleigh and Aaron Judge will be in the spotlight this week for their prolific power...
New Delhi [India], July 7 (ANI): Left-arm spinner R Sai Kishore is all set to play county cricket, having signed with Surrey for two...
Surrey [UK], July 7 (ANI): Indian left-arm finger-spinner Sai Kishore has signed for Surrey in Division One of the County Championship....