Global Pulp Moulding Machines Market USD 915 million by 2027.Global Pulp Moulding Machines Market reached USD 700 million in 2020. The Global Pulp Moulding Machines Market tends to grow by a CAGR of 3.9% in the 2021-2027 period.
Pulp moulding machines are used to manufacture trays, boxes, containers, plates, cups, and bowls from recycled paper owing to which these products are highly sustainable and environmentally friendly. The major driving factor is the rise in demand for ecological and sustainable packaging products which is going to boost this market. Another trending factor driving the market is the increasing use of pulp moulded packaging products in a wide end-use sector including food and beverages, electronics, pharmaceuticals, etc. The high cost of pulp moulded machines is expected to restraint the growth of the market. Foodservice operators and retail chains switching to this machine owing to attract the customer towards their product through packaging is creating an opportunity for this market. Fully automated moulding machines are dominating the market owing to the better productivity and efficiency that they provide while manufacturing. The trays segment holds the major share because of the high demand for trays due to low cost, and easy availability. In 2018, Huhtamaki one of the players in this market set up a new manufacturing plant to cater to the increasing need of egg packaging customers in the South Africa region.

The key regions covered in the global Pulp Moulding Machines market are North America, Latin America, Europe, Asia Pacific and ROW. North America accounted for the largest market share and it is estimated to grow in the forecasted period owing to the skilled workforce, latest technology, increasing demand for fiber packaging from food and beverages, and healthcare segments.

Major market players included in this report are:
DKM Machine Manufacturing Inc.
Beston (Henan) Machinery Co., Ltd.
Pulp Moulding Dies Inc.
Brodrene Hartmann A/S
BeSure Technology Co.
Maspack Limited
Taiwan Pulp Moulding Co., Ltd.
Inmaco Solutions B.V.
HGHY Pulp Molding Pack Co., Ltd.
Southern Pulp Machinery (Pty) Ltd.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Machine Type:
Automatic
Semi-automatic
Manual
By Product Type:
Rotary
Reciprocating
Parts & Attachments
By Application:
Trays
End Caps
Bowls & Cups
Clamshells
Plates
Others
By End-use:
Food Packaging
Food Service
Electronics
Healthcare
Industrial
Others
By Region:
North America
The U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, the years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027

Target Audience of the Global Pulp Moulding Machines Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors