02.10.23
According to MarketsandMarkets, the Molded Pulp Packaging Market is approximated to be $4.6 billion in 2022, and it is projected to reach $5.7 billion by 2027, at a CAGR of 4.3%.
Molded fiber pulp packaging solely involves the usage of wood pulp or recycled wastepaper material that can be recycled again after its useful life cycle. It includes products such as end caps, trays, plates, bowls, and clamshell containers.
The global molded fiber pulp packaging market has witnessed considerable growth in recent years, mainly driven by features such as recyclability, low weight, and lower cost. Changing lifestyles and increased consumer spending on packaged foods are factors contributing to the growth in demand for molded fiber pulp packaging.
Read about how paper, molded pulp and ocean-bound plastic packaging are fulfilling sustainable packaging needs in an increasingly eco-conscious marketplace.
Molded fiber pulp packaging solely involves the usage of wood pulp or recycled wastepaper material that can be recycled again after its useful life cycle. It includes products such as end caps, trays, plates, bowls, and clamshell containers.
The global molded fiber pulp packaging market has witnessed considerable growth in recent years, mainly driven by features such as recyclability, low weight, and lower cost. Changing lifestyles and increased consumer spending on packaged foods are factors contributing to the growth in demand for molded fiber pulp packaging.
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“Molded pulp, paper and ocean-bound plastic packaging materials are taking the phrase ‘reduce, reuse, recycle’ to new heights thanks to their collective focus on making the most of waste and maximizing renewable resources,” says Joanna Cosgrove.Read about how paper, molded pulp and ocean-bound plastic packaging are fulfilling sustainable packaging needs in an increasingly eco-conscious marketplace.
