China Molded Pulp Packaging Market Size & Outlook
China molded pulp packaging market, 2018-2030 (US$M)
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China molded pulp packaging market highlights
- The China molded pulp packaging market generated a revenue of USD 1,209.7 million in 2023 and is expected to reach USD 2,013.2 million by 2030.
- The China market is expected to grow at a CAGR of 7.5% from 2024 to 2030.
- In terms of segment, wood pulp was the largest revenue generating source in 2023.
- Non-Wood Pulp is the most lucrative source segment registering the fastest growth during the forecast period.
Molded pulp packaging market data book summary
| Market revenue in 2023 | USD 1,209.7 million |
| Market revenue in 2030 | USD 2,013.2 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. |
Other key industry trends
- In terms of revenue, China accounted for 22.2% of the global molded pulp packaging market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China molded pulp packaging market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 472.3 million by 2030.
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Molded Pulp Packaging Market Scope
Molded Pulp Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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China molded pulp 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 pulp packaging market will help companies and investors design strategic landscapes.
Wood pulp was the largest segment with a revenue share of 85.98% in 2023. Horizon Databook has segmented the China molded pulp packaging market based on wood pulp, non-wood pulp covering the revenue growth of each sub-segment from 2018 to 2030.
China is the largest food & beverage market in Asia Pacific, with a high consumer spending on eating out. Out of this foodservice, full-service restaurants accounted for the highest share (around 70%) of sales.
This essentially meant to adopt biodegradable packaging solutions and ban the use of single-use plastic. China emerges as one of the major exporters for raw materials throughout all industries due to its ability to maintain a lower price compared to that by other regions and countries.
Some of the notable products exported by the country are electronic devices and mobile phones among others. With the increasing export of these devices, the demand for safer and environment-friendly packaging products such as molded pulp is rising.
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Target buyers of China molded pulp packaging market databook
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Our clientele includes a mix of molded pulp 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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Horizon Databook provides a detailed overview of country-level data and insights on the China molded pulp packaging market , including forecasts for subscribers. This country databook contains high-level insights into China molded pulp packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China molded pulp packaging market size, by source, 2018-2030 (US$M)
China Molded Pulp Packaging Market Outlook Share, 2023 & 2030 (US$M)
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