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Showing posts with the label Molded Pulp Packaging Market Revenue

Molded Pulp Packaging Market Size To Hit USD 6.1 Billion By 2028

  San Francisco, 7 June 2021:   The Report  Molded Pulp Packaging Market  Size, Share & Trends Analysis Report By Source (Wood, Non-Wood), By Molded Type (Thermoformed, Transfer), By Product (Clamshells, Trays), By Application, And Segment Forecasts, 2021 - 2028 The global molded pulp packaging market size is expected to reach USD 6.1 billion by 2028, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.1% over the forecast period. Growing demand for eco-friendly sustainable packaging from the end-user segments owing to growing awareness regarding the adverse effects of plastic pollution is expected to be the key driver for the market. The Covid-19 pandemic has benefitted the molded pulp packaging owing to increased demand for eggs from the retail segment. In addition, increasing demand for home deliveries of fresh food, vegetables, and other grocery items owing to restrictions on the movement of the public also supported the market growth. However, shor