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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