The global moulded pulp market is valued at $4.7 billion in 2026, according to Smithers, the leading authority on packaging markets. Its newly published report, The Future of Moulded Pulp Packaging to 2030, projects demand to reach $5.5 billion by 2030 at a CAGR of 4.2% – a rate that outpaces broader GDP growth.
The report attributes this momentum to mounting regulatory pressure and voluntary corporate sustainability commitments, both of which are accelerating the shift away from conventional plastic packaging.
Despite a challenging macroeconomic environment that has tempered investment across many packaging segments, moulded pulp is expected to remain resilient. The ongoing conversion from expanded polystyrene (EPS) to moulded pulp – particularly in takeaway food packaging – is a significant growth driver.
Significant opportunities in emerging markets and new end-use applications
Beyond established markets, Smithers identifies particularly strong growth momentum in Asia and Africa, where demand is accelerating rapidly as these regions align with more mature packaging markets.
While eggs and bottle/wine shipping continue to be stable, well-established end uses for moulded pulp, the report points to significant growth opportunities in foodservice, cosmetics, and pharmaceutical applications. Growth rates for foodservice and medical applications are projected at 4.7% and 4.2% CAGR respectively, while cosmetics applications are forecast to grow at 3.6% CAGR – underscoring the broadening appeal of moulded pulp beyond its traditional segments.
Strengthening regulatory frameworks across key markets
Regulatory developments are continuing to drive innovation across the moulded pulp sector on a global scale. In Europe, the first phase of the PPWR is set to come into full effect in August 2026, while EPR legislation is gradually broadening its reach across US states. In Asia, China has introduced more stringent sustainable packaging requirements in 2025, including financial penalties for single-use plastics that do not meet recyclability or compostability standards. Moulded fibre is therefore well placed to serve as a viable alternative, particularly in takeaway and disposable food-contact applications.
Regulatory mandates, corporate sustainability commitments, and rising consumer expectations are converging across all regions to sustain long-term growth in the moulded pulp market.
With over 80 years of technical and scientific expertise, Smithers is a global leader in packaging industry market research, providing the authoritative data and expert analysis that businesses need to navigate this rapidly evolving landscape.