UK Molded Pulp Packaging Market Size & Outlook, 2023-2030
UK molded pulp packaging market, 2018-2030 (US$M)
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UK molded pulp packaging market highlights
- The UK molded pulp packaging market generated a revenue of USD 153.3 million in 2023 and is expected to reach USD 245.3 million by 2030.
- The UK market is expected to grow at a CAGR of 6.9% 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 153.3 million |
| Market revenue in 2030 | USD 245.3 million |
| Growth rate | 6.9% (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, UK accounted for 2.8% 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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UK 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 85.06% in 2023. Horizon Databook has segmented the UK molded pulp packaging market based on wood pulp, non-wood pulp covering the revenue growth of each sub-segment from 2018 to 2030.
The molded pulp packaging market in the UK is anticipated to grow at a CAGR of 7.0% during the forecast period. According to a report recently published by Tetra Pak, consumers prefer sustainable packaging solutions to an extent that it affects their choice of brands.
With rapid urbanization worldwide and growing awareness about the harmful effects of disposing plastics & other non-biodegradable materials in landfill, the demand for an efficient recycling system and the adoption of biodegradable packaging products are increasing, thereby boosting market growth in the country.
The policies pertaining to waste recycling are also likely to boost the production of molded pulp packaging products in the country during the forecast period.
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Target buyers of UK 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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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 UK molded pulp packaging market , including forecasts for subscribers. This country databook contains high-level insights into UK molded pulp packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK molded pulp packaging market size, by source, 2018-2030 (US$M)
UK Molded Pulp Packaging Market Outlook Share, 2023 & 2030 (US$M)
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