The
global
molded fiber clamshell and container market
has become a key part of the packaging sector in recent years due to
their benefits such as cheap costs compared to traditional
alternatives, light weight, and environmentally sustainable
composition. The molded fiber clamshell and container market is thus
set for rapid growth over the 2017-2022 forecast period due to steady
growth of the packaging industry to satisfy the demands of a growing
set of end use industries. Europe is likely to be a key region for
the global molded fiber clamshell and container market, with the
region set to occupy a dominant share in the global market through
the 2017-2022 forecast period. Asia Pacific except Japan is also
likely to play a key role in the global molded fiber clamshell and
container market over the 2017-2022 forecast period due to growing
demand from the region’s emerging economies.
According to Transparency Market
Research, the global molded fiber clamshell and container market is
likely to reach a valuation of more than US$2 bn by the end of 2017,
with the market expected to further rise to more than US$2.7 bn by
the end of 2022.
Here are the key insights
into the growth prospects of the global molded fiber clamshell and
container market in the coming years:
The rising demand for molded fiber
clamshells and containers from the food and beverage industry is
likely to be a major growth driver for the market over the coming
years. The food and beverage industry has become a leading end user
of the packaging industry in recent years due to the rapid
globalization of the industry, leading to growing demand for
long-distance shipping of fresh foods. The growing consumption of
fresh fruits, vegetables, and eggs is likely to remain a vital driver
for the global molded fiber clamshell and container market over the
coming years. Such foods have become popular among urban consumers,
who are becoming increasingly aware about the importance of a healthy
diet. This is likely to be a vital driver for the global molded fiber
clamshell and container market over the coming years, as urban retail
sales channels have embraced the use of molded fiber clamshells and
containers.
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One of the prime factors enabling
steady growth of the global molded fiber clamshell and container
market is their environmental sustainability. Since molded fiber
clamshells and containers are made from recycled paper and other such
materials, they cause no environmental harm when they are disposed.
This gives them a considerable advantage over conventional packaging
materials such as plastics, which have come under the spotlight in
numerous regions due to the impact of plastic packaging on
environmental degradation. The rising government support to
environmental measures is thus likely to remain a key driver for the
global molded fiber clamshell and container market in the coming
years.
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