Asia Pacific Molded Fiber Packaging Market Size & Outlook
Asia Pacific molded fiber packaging market, 2018-2030 (US$M)
Asia Pacific molded fiber packaging market highlights
- The Asia Pacific molded fiber packaging market generated a revenue of USD 3,432.8 million in 2023.
- The market is expected to grow at a CAGR of 5.6% from 2024 to 2030.
- In terms of segment, wood pulp was the largest revenue generating source in 2023.
- Wood Pulp is the most lucrative source segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 3,432.8 million |
| Market revenue in 2030 | USD 5,031.6 million |
| Growth rate | 5.6% (CAGR from 2023 to 2030) |
| Largest segment | Wood pulp |
| Fastest growing segment | Wood Pulp |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Wood Pulp |
| Key market players worldwide | Brødrene Hartmann, CKF, TEQ Thermoform Engineered Quality, Genpak, Eco Products, Pro-Pac Packaging (Aust) Pty Ltd, Fabri-Kal, Sabert Corp. |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 41.7% of the global molded fiber packaging market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 5,031.6 million by 2030.
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Molded Fiber Packaging Market Scope
Molded Fiber Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific molded fiber packaging market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to molded fiber packaging market will help companies and investors design strategic landscapes.
Wood pulp was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Asia Pacific molded fiber packaging market based on wood pulp covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific held the largest market share of over 41.0% in 2023. The region is segmented into China, Japan, and India. China accounted for largest market share of molded fiber packaging market in 2023 in Asia Pacific region.
This is attributed to large food & beverage industry followed by electronics market owing to high population and increasing disposable income of consumers in country.
Moreover, the country is home to several electronic companies such as Huawei Technologies Co., Ltd, Lenovo, Xiaomi, and others which gives rise to demand for molded fiber packaging to store and transport delicate electronic goods.
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Target buyers of Asia Pacific molded fiber packaging market databook
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Our clientele includes a mix of molded fiber packaging market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific molded fiber packaging market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific molded fiber packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific molded fiber packaging market
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