Europe Molded Fiber Packaging Market Size & Outlook
Europe molded fiber packaging market, 2018-2030 (US$M)
Europe molded fiber packaging market highlights
- The Europe molded fiber packaging market generated a revenue of USD 1,821.2 million in 2023.
- The market is expected to grow at a CAGR of 4.5% 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.
Europe data book summary
| Market revenue in 2023 | USD 1,821.2 million |
| Market revenue in 2030 | USD 2,476.7 million |
| Growth rate | 4.5% (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, Europe region accounted for 22.1% 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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Europe 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 Europe molded fiber packaging market based on wood pulp covering the revenue growth of each sub-segment from 2018 to 2030.
The growth of the Europe molded fiber packaging market can be attributed to the wide application scope for molded fiber packaging in the food service & packaging industry in Europe. EU had close to one million restaurants and mobile food services in 2022, and the number is expected to increase during the forecast period.
With increasing number of restaurants and other food outlets, the demand for sustainable packaging solution is also expected to grow. The member countries of the EU maintain stringent regulatory regime to keep a check on environmental impacts caused by disposal of wastes, mainly plastics.
Europe is a major producer of fiber-based products. According to the Confederation of European Paper Industries (CEPI), 90.58 million tons of paper and board was produced in the region in 2021. This shows the rising demand for fiber-based products in Europe, thereby creating significant growth avenues for the molded fiber packaging market.
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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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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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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe molded fiber packaging market , including forecasts for subscribers. This continent databook contains high-level insights into Europe molded fiber packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe molded fiber packaging market
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