With increasing concerns for the environment, millennial consumers are looking for eco-friendly packaging solutions. Leading companies are capitalizing on this trend by developing molded fiber pulp packaging options for electrical appliances, food, beverages, and healthcare disposables.
Sales of molded fiber pulp packaging solutions in Australia & New Zealand are estimated to be valued at USD 227.3 million in 2024 and are projected to reach USD 363.4 million by 2034. The molded fiber pulp packaging industry in Australia and New Zealand is anticipated to surge at a CAGR of 4.8% between 2024 and 2034.
The revenue generated by pulp packaging in 2023 was USD 215 million. The industry is anticipated to exhibit a Y-o-Y growth of 5.7% in 2024. Australia & New Zealand are projected to create an absolute dollar opportunity of USD 105.3 million in the forecast period.
Trays and clamshell containers made from molded fiber pulp are leading the industry. Both the target segments are set to hold 66.7% of the share in terms of value by 2034. Molded pulp trays and clamshells provide protection, stackability, sustainability, and cost-effectiveness, which is leading to their increased usage.
Transfer molded pulp type is set to be the dominant segment in the forecast period, attaining a valuation of USD 169 million by 2034. This type of molded pulp is highly sustainable and provides excellent protection while shipping fragile items.
Its use is projected to rise significantly in primary packaging. Hence, the segment is anticipated to rise 1.5 times its current value from 2024 to 2034.
The application of pulp packaging is prominent in the food & beverage industry, and it is set to further push the industry forward. Food & beverage industry is projected to create an incremental opportunity of USD 49 million in the assessment period. Australia & New Zealand occupy around 2.5% of the global molded fiber pulp packaging industry, which is set to be worth USD 9 billion in 2024.
Market Size and Forecast for Molded Fiber Pulp Packaging in Australia and New Zealand
| Attributes | Key Insights |
|---|---|
| Historical Size, 2023 | USD 215.0 million |
| Estimated Industry Valuation, 2024 | USD 227.3 million |
| Projected Industry Size, 2034 | USD 363.4 million |
| Value-based CAGR (2024 to 2034) | 4.8% |
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The industry in Australia & New Zealand recorded a CAGR of 3.8% during the historical period. It attained a valuation of USD 215.0 million in 2023.
Government agencies in Australia & New Zealand are taking steps to promote the use of biodegradable and compostable packaging materials. The Australian Government has banned single-use plastic bags. Such bans have translated into pushing the demand for pulp packaging solutions.
Manufacturers looking for protective and specialty retail packaging with high aesthetics are projected to adopt molded fiber packaging. Customization features and the inexpensive nature of molded fiber pulp packaging allow its expansion across various sectors.
Emergence of Online Food Services
Australia and New Zealand, like any other country, are experiencing remarkable growth in online food delivery services, which is contributing to the industry’s expansion. Pulp packaging is a great choice for packaging food items as it can cut down the waste created by plastic packaging.
Consumers nowadays are embracing eco-friendly packaging options as sustainability has become an important factor. This has led to its increased use in online food delivery services. Implementation of stringent government regulations regarding plastic usage in both countries is also pushing its application in food packaging.
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Technological innovations in the manufacturing sector have led to the development of superior techniques for printing and coating molded fiber pulp products. The use of bio-based coatings in paper-based packaging is gaining traction in the industry, as it maintains the sustainable nature of the product and enhances its moisture resistance & printability.
For instance, Earthodic Pty Ltd, an Australia-based manufacturer, offers Biobarc™, a unique bio-based, water-resistant coating that meets the demand for eco-friendly paper coating solutions. The application of bio-based coatings has started to emerge in molded fiber pulp packaging. It is projected to boost the usage of these products for protective packaging.
Development in manufacturing technologies in the molded fiber industry is encouraging manufacturers to create products with appealing aesthetics. This has broadened its application across several industries as unique coating solutions offer moisture-resistant properties and better printability features.
| Particular | Value CAGR |
|---|---|
| H1 | 4.5% (2023 to 2033) |
| H2 | 5.3% (2023 to 2033) |
| H1 | 5.2% (2024 to 2034) |
| H2 | 4.7% (2024 to 2034) |
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The table below shows the CAGRs of Australia and New Zealand. New Zealand is anticipated to remain at the forefront by showcasing a CAGR of 5.8% from 2024 to 2034. Australia, on the other hand, is estimated to witness a steady CAGR of 4.5% through 2034.
| Countries | Value CAGR (2024 to 2034) |
|---|---|
| Australia | 4.5% |
| New Zealand | 5.8% |
New Zealand’s industry is estimated to be valued at USD 59.4 million by 2024. It is set to generate an incremental dollar opportunity worth USD 37.9 million by 2034, growing at 5.8% CAGR during the assessment period.
New Zealand has a growing retail sector that is demanding eco-friendly and versatile packaging solutions. The New Zealand Government has reported that the retail sales recorded were USD 31 billion for the September 2023 quarter. Also, th country has transformed to become carbon neutral. It is slowly embracing sustainability, which can propel the demand for pulp packaging.
Australia’s molded fiber pulp packaging industry is projected to reach a valuation of USD 239.2 million, broadening 1.4 times its current value by 2034. The country’s government reported that it has banned the usage of problematic single-use plastics, including plastic straws, cutlery, stirrers, plates, cotton buds sticks, EPS food service items, and drink containers. The government also plans to introduce mandatory requirements for compostable and reusable alternatives to single-use plastics.
Pollution of waterways and harm to marine life has become a key issue in Australia. It is estimated that around 130,000 tons of plastic waste end up in the environment each year, with single-use plastics being a significant contributor.
Demand for sustainable packaging solutions is rising remarkably in Australia due to escalating environmental concerns. The shift toward the use of biodegradable and compostable packaging materials in the country is pushing the demand for pulp packaging.
The section below explains different types of segments present in the regional industry. The table contains the CAGRs of the dominant segments under numerous categories. Based on product type, the clamshell container segment is set to witness a CAGR of 5.6% through 2034. By end-use, the food & beverage segment is anticipated to showcase a CAGR of around 4.0% in 2034.
Industry Growth Outlook by Product Type
| Product Type | Value CAGR (2024 to 2034) |
|---|---|
| Trays | 4.7% |
| Clamshell Containers | 5.6% |
Trays and clamshells made from molded fiber pulp are set to remain highly preferred by today’s customers. Both segments together are projected to capture around 65% of the molded fiber pulp packaging industry share in Australia & New Zealand.
Molded fiber pulp trays and clamshells are excellent options for food packaging as they can protect food products and maintain their freshness & quality. Trays and clamshells can be designed to accommodate specific food products, such as fruits, vegetables, meat, and poultry. This reduces the risk of damage during transportation and storage.
Trays and clamshells are also grease and moisture-resistant, which makes them ideal for packaging food products that are too oily and greasy. The food industry in Australia & New Zealand has been growing due to population growth, rising disposable income, and changing consumer preferences. This growth in the food industry is creating lucrative opportunities for the industry.
Industry Growth Outlook by End-use
| End-use | Value CAGR (2024 to 2034) |
|---|---|
| Food & Beverage | 4.0% |
| Food Services | 3.4% |
The food and beverage industry is projected to rise at a CAGR of 4.0% and generate an incremental revenue opportunity worth USD 48.9 million during the forecast period. The rising adoption of pulp packaging, especially for eggs, fruits, and fast food products, is influencing the segment’s growth.
The food & beverage industry is growing rapidly due to rising consumer preference for processed and convenient packaged foods. Molded fiber pulp offers additional benefits over other production methods, such as easy operation, less maintenance, time-saving property, and cost-effectiveness.
Leading industry players in Australia and New Zealand are ramping up their production capacities to meet the high demand from customers. This demand is mainly fueled by a consumer-driven shift from plastic to molded fiber.
Companies are extending their presence by investing in novel technology and infrastructure. They are also joining hands with different firms in emerging countries.
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| Attribute | Details |
|---|---|
| Estimated Industry Size (2024) | USD 227.3 million |
| Projected Industry Size (2034) | USD 363.4 million |
| Growth Rate (2024 to 2034) | 4.8% CAGR |
| Base Year for Estimation | 2023 |
| Historical Data | 2019 to 2023 |
| Forecast Period | 2024 to 2034 |
| Quantitative Units | Revenue in USD million, Volume in tons, and CAGR from 2024 to 2034 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
| Segments Covered | Product Type, Molded Pulp Type, Application, End-use, Country |
| Key Countries Covered | Australia, New Zealand |
| Key Companies Profiled | Huhtamaki Oyj; Sonoco Products Company; Brodrene Hartmann; Hawk Group; EnviroPAK Corporation; Australia Pak Pty Ltd; Zume Inc.; Greenomics; Jenkins Freshpac Systems |
The industry is set to surge at a CAGR of 4.8% from 2024 to 2034.
The industry was worth USD 215.0 million in 2023.
In 2034, the industry is anticipated to reach USD 363.4 million.
Implementation of stringent regulations on single-use plastic.
Sonoco Products Company, Huhtamaki Oyj, and Brodrene Hartmann.
Australia’s industry is set to reach USD 239.2 million by 2034.
It is set to be worth USD 15.1 billion by 2034.
The global industry is anticipated to witness a 5.4% CAGR through 2034.
The industry is projected to surge at a fast pace by 2034.
1. Executive Summary 2. Industry Overview 3. Key Industry Trends 4. Key Success Factors 5. PESTLE and Porter 5 Force Analysis 6. Industry Demand Analysis 2019 to 2023 and Forecast, 2024 to 2034 7. Industry - Pricing Analysis 8. Industry Demand (in Value or Size in USD million) Analysis 2019 to 2023 and Forecast, 2024 to 2034 9. Industry Background 10. Industry Analysis 2019 to 2023 and Forecast 2024 to 2034, By Molded Pulp Type 10.1. Thick Wall 10.2. Transfer Molded 10.3. Thermoformed Fiber 10.4. Processed Pulp 11. Industry Analysis 2019 to 2023 and Forecast 2024 to 2034, By Product Type 11.1. Trays 11.2. Drink Carriers 11.2.1. 2 Cups 11.2.2. 4 Cups 11.2.3. 6 Cups 11.2.4. More than 8 Cups 11.3. Boxes 11.4. End Caps 11.5. Plates 11.6. Bowls 11.7. Cups 11.8. Clamshell Containers 12. Industry Analysis 2019 to 2023 and Forecast 2024 to 2034, By Application 12.1. Primary Packaging 12.2. Secondary Packaging 12.3. Edge Protectors 13. Industry Analysis 2019 to 2023 and Forecast 2024 to 2034, By End-use 13.1. Consumer Durables 13.1.1. Mobile Phone 13.1.2. Television 13.1.3. Laptops 13.1.4. Tube Light & Bulbs 13.1.5. Others (Air Conditioners, Refrigerators) 13.2. Food & Beverage 13.2.1. Egg Packaging 13.2.1.1. 4 Eggs 13.2.1.2. 6 Eggs 13.2.1.3. 12 Eggs 13.2.1.4. 24 Eggs 13.2.1.5. More than 30 Eggs 13.2.2. Wine Packaging 13.2.2.1. 375 ml 13.2.2.2. 750 ml 13.2.2.3. 1.5 Liter 13.2.2.4. More than 3 Liter 13.2.3. Fruit Packaging 13.2.4. Others 13.3. Cosmetics 13.4. Food Services 13.5. Healthcare 13.6. Automotive 13.7. Logistics 13.8. Others (Candles, Flower Packaging) 14. Industry Analysis 2019 to 2023 and Forecast 2024 to 2034, by Country 14.1. Australia 14.2. New Zealand 15. Country wise & Cross-Sectional Industry Analysis 2024 & 2034 16. Industry Product Type Analysis 17. Competition Analysis 17.1. Huhtamaki Oyj 17.2. Sonoco Products Company 17.3. Brodrene Hartmann 17.4. Hawk Group 17.5. EnviroPAK Corporation 17.6. Australia Pak Pty Ltd 17.7. Zume Inc. 17.8. Greenomics 17.9. Jenkins Freshpac Systems 18. Assumptions and Acronyms Used 19. Research Methodology
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Molded Fiber Pulp Packaging Industry Analysis in Australia and New Zealand
