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Global Molded Pulp Packaging Market Report, Market Size, Share, Trends, Analysis and Forecast to 2028
Stratistics MRC's Global Molded Pulp Packaging Market value is expected to reach $6.2 billion growing at a CAGR of 6.82% during 2022-2028.Molded pulp packaging is increasingly being used in the food and beverage industry to confine, protect, and preserve food goods. The package uses a small amount of production waste, chemical-free pulping, and recyclable final packaging. It influences the sale, consumption, use, and disposal of goods while also offering a quick and affordable alternative for packaging food products. In addition to reducing waste and saving energy and water during the production phase, the recycling method used in conjunction with moulded packaging dramatically lowers air and water pollution.
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North America is projected to have the highest CAGR over the forecast period, owing to higher rate of adoption of sustainable packaging solutions. Due to the increased usage of single-use plastic packaging materials, the food and beverage industry in the area is raising serious pollution issues. The demand for product packaging solutions is anticipated to increase as out-of-home dining becomes more commonplace as a result of busy lifestyles and greater per capita disposable income.
Some of the key players profiled in the Molded Pulp Packaging Market include EnviroPAK Corporation, Maspack Ltd, Brodrene Hartmann AS, UFP Technologies Inc., Huhtamaki, Ltd, Best Pulp Pulp Corporation, Genpak, LLC, Thermoform Engineered Quality LLC, Sabert Corp., Pro-Pac Packaging, Henry Molded Products, Protopak Engineering Corporation, Western Product Pulp Company, Alta Global, Inc. and Cellulose de la Loire.
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Company Profiling
Comprehensive profiling of additional market players (up to 3)
SWOT Analysis of key players (up to 3)
Regional Segmentation
Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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