Italy Molded Pulp Packaging Market Size & Outlook
Italy molded pulp packaging market, 2018-2030 (US$M)
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Italy molded pulp packaging market highlights
- The Italy molded pulp packaging market generated a revenue of USD 127.4 million in 2023 and is expected to reach USD 212.1 million by 2030.
- The Italy market is expected to grow at a CAGR of 7.6% 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 127.4 million |
| Market revenue in 2030 | USD 212.1 million |
| Growth rate | 7.6% (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, Italy accounted for 2.3% 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 Europe, Germany molded pulp packaging market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 212.1 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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Italy 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 85.09% in 2023. Horizon Databook has segmented the Italy molded pulp packaging market based on wood pulp, non-wood pulp covering the revenue growth of each sub-segment from 2018 to 2030.
In Italy, the food service packaging and packaged food industries accounted for over 40% of the total turnover of the packaging industry. This shows a high demand for molded pulp packaging in the food packaging industry in Italy.
The presence of a significant number of small to midsized restaurants and other food outlets providing on-the-go food packaging & delivery services is expected to boost the demand for molded pulp packaging in Italy during the forecast period.
This is indirectly generating a demand for biodegradable packaging solutions, such as molded pulp packaging. Several brands, such as McDonald’s, have announced their plans to eliminate the use of EPS foam products, thereby opening growth avenues for molded pulp packaging producers & suppliers in the country.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Italy molded pulp packaging market , including forecasts for subscribers. This country databook contains high-level insights into Italy molded pulp packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy molded pulp packaging market size, by source, 2018-2030 (US$M)
Italy Molded Pulp Packaging Market Outlook Share, 2023 & 2030 (US$M)
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