Market revenue in 2023 | USD 149.9 million |
Market revenue in 2030 | USD 249.5 million |
Growth rate | 7.5% (CAGR from 2023 to 2030) |
Largest segment | Wood pulp |
Fastest growing segment | Non-Wood Pulp |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Wood Pulp, Non-Wood Pulp |
Key market players worldwide | Huhtamäki Oyj, Genpak, Pro-Pac Packaging (Aust) Pty Ltd, Brødrene Hartmann, CKF, Sonoco Products Co, Eco Products, Fabri-Kal, Henry Molded Products, Sabert Corp., MVI ECOPACK, Pton Molded Fiber Products Co. |
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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 pulp packaging market will help companies and investors design strategic landscapes.
Wood pulp was the largest segment with a revenue share of 86.59% in 2023. Horizon Databook has segmented the Brazil molded pulp packaging market based on wood pulp, non-wood pulp covering the revenue growth of each sub-segment from 2018 to 2030.
This growth in demand for molded pulp packaging solution in the country can be ascribed to its huge application demand from food service and packaged food industry. Retail sales of packaged food items in Brazil made it the seventh largest country in the world in terms of sales.
These products included ready meals, breakfast cereals, sauces, baby food, processed meat and seafood. Advent of environmental safety measures taken by brand owners can be attributed to rising demand for molded pulp packaging in the country. According to Brazilian Tree Industry, 34% of the produce from trees are used for pulp application.
This clearly demarcates the demand for pulp in growing usage of producing molded pulp packaging products in the country. Interventions created by government organizations and agencies to comply environmental regulations and policy will further boost product market demand in the forecasted period.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil molded pulp packaging market , including forecasts for subscribers. This country databook contains high-level insights into Brazil molded pulp packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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