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Global Returnable Packaging Market to be Driven by expanding manufacturing industry and rapid industrialization in the Forecast Period of 2021-2026 – KSU

North America $1 36 Bn Molded Pulp Packaging Market to 2027

Share this article Share this article ResearchAndMarkets.com s offering. 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.

Molded Pulp Packaging Market (2019-2027): Notable Developments, Trends, Dynamics and Key Players Analysis – Business

The latest market report published by Credence Research, Inc. “ Molded Pulp Packaging Market: Growth, Future Prospects, and Competitive Analysis, 2019 – 2027” the molded pulp packaging market was valued at US$ 3.30 Bn in 2018 and expected to grow at a CAGR of 4.5% during the forecast period from 2019 to 2027. Market Insights “Growing demand for eco-friendly packaging worldwide will drive the demand for Molded Pulp Packaging Market” Growing demand for recyclable material and eco-friendly packaging solutions around the world are the major factors for the growing demand of molded pulp packaging solutions worldwide. The surge in demand for molded pulp packaging from emerging markets such as India, China, Brazil, and others is another major factor projected to enhance the global molded pulp packaging market over the forecast period. The surge in ban on single-use plastic coupled with growing demand for reusable & sustainable packaging solutions are further projected to drive

Molded Pulp Packaging Market (2019-2027): Notable Developments, Trends, Dynamics and Key Players Analysis

Molded Pulp Packaging Market (2019-2027): Notable Developments, Trends, Dynamics and Key Players Analysis
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