Dublin, May 31, 2024 (GLOBE NEWSWIRE) -- The "Global Molded Pulp Packaging Market 2024-2028" report has been added to ResearchAndMarkets.com's offering.
The latest industry analysis forecasts a promising expansion for the global molded pulp packaging market, expected to grow by USD 1814.09 million with a CAGR of 6% within the five-year period from 2023 to 2028.
This growth trajectory is primarily driven by the increasing demand for eco-friendly packaging solutions and the burgeoning e-commerce sector.
The comprehensive study segments the market by source into wood pulp and non-wood pulp, and by end-user into categories including food packaging, food service, electronics, healthcare, and other sectors. Further delineation includes a geographical analysis revealing the APAC region, North America, Europe, the Middle East and Africa, and South America as key areas of development.
Technological Innovations and Strategic Alliances
Among the notable market trends, the emergence of smart molded pulp packaging stands out as a significant factor in propelling the industry forward. Additionally, the popularity of recycled pulp packaging continues to grow, and the strategic alliances forming among global vendors augur well for the market’s future.
Vendor Landscape and Market Dynamics
The market analysis includes a detailed examination of the competitive landscape, highlighting leading vendors who are expected to influence the market dynamics. The robust analysis aims to aid clients in enhancing their market position amidst the various developments.
Anticipating Future Market Challenges and Opportunities
The report lays out prospective challenges and identifies emerging opportunities with the intent to assist enterprises in strategizing effectively. This anticipatory approach to market shifts ensures that stakeholders are prepared to capitalize on the unfolding growth prospects.
The molded pulp packaging market is segmented as below:
By Source
- Wood pulp
- Non-wood pulp
By End-user
- Food packaging
- Food service
- Electronics
- Healthcare
- Others
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
Companies Profiled:
- AmerCareRoyal
- EnviroPAK Corp.
- FiberCel Packaging
- Genpak
- Golden West Packaging Group
- Henry Molded Products
- Huhtamaki
- Keiding
- Maspack
- MFT-CKF
- Molded Pulp Packaging
- Pacific Pulp Molding
- Pactiv Evergreen
- Pro Pac Packaging
- ProtoPak Engineering
- Sabert Corp.
- Sonoco Products
- Thornico
- UFP Technologies
- Wing Fat Printing
For more information about this report visit https://www.researchandmarkets.com/r/8517e7
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