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The North America molded pulp packaging market size is projected to reach USD 1.36 billion by 2027 and is projected to register a CAGR of 4.1% during the forecast period.
The demand for molded pulp packaging is likely to be driven by the rising consumption of fresh fruits and eggs, coupled with the growing demand for sustainable packaging in the region.
Molded pulp packaging can be made from recycled pulp or slurry obtained from Old Corrugated Containers (OCC) or used papers, which makes it an attractive sustainable alternative to single-use plastic packaging. Due to consumer awareness and government regulations regarding green packaging, molded pulp packaging is expected to see high growth in North America over the forecasted years.
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