The global demand for Molded Fiber Bowls Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
Fiber molding is an eco-friendly technology used for producing rigid and insulating containers that are well-suited for the takeaway meal service. These are extensively used in B2C (e-commerce, departmental stores) and B2B (food and beverage packaging, fresh produce packaging, hotels) segments. In the last ten years, packaging solutions have witnessed several changes because of the continuous variations in food consumption trends. In contrast to Styrofoam and plastic packaging, fiber molding is preferred owing to its recyclable nature. Apart from useful features such as low costs and food hygiene, ease to stack and grab-and-go feature of molded fiber bowls also contribute to the popularity.
The factors like a boost in customer inclination for ready to consume food, take out menus and home delivery has largely driven the molded fiber bowls market. Large establishments of quick-service restaurants in the developed economies along with surging penetration of in developing economies is anticipated to raise the market for molded fiber bowls. However, recent studies being conducted regarding PFA contents in fiber molding may restraint global market growth.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of molded fiber bowls.
The entire molded fiber bowls market has been sub-categorized into product and end-users. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By End Users
- Disposable Molded Fiber Bowls
- Reusable Molded Fiber Bowls
This section covers regional segmentation which accentuates on current and future demand for molded fiber bowls market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Molded Fiber Bowls Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the molded fiber bowls market include Huhtamaki, Pactiv, UFP Technologies, ESCO Technologies, Brodrene Hartmann, Henry Molded Products, OrCon Industries, Pacific Pulp Molding, Keiding, Southern Champion Tray. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers& acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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