Chemicals and Materials Molded Pulp Packaging Market New

According to the new market research report "Molded Pulp Packaging Market by Source
Type (Wood & Non-wood), Molded Type (Thick Wall, Transfer, Thermoformed, Processed),
Product (Trays, Bowls, Cups, Plates, Clamshells), End Use, and Region - Global Forecast to
2024”, published by MarketsandMarkets™, the Molded Pulp Packaging Market size is
projected to grow from USD 3.5 billion in 2019 to reach USD 4.4 billion by 2024, at a CAGR
of 4.4%.
Browse 105 market data Tables and 34 Figures spread through 139 Pages and in-depth
TOC on "Molded Pulp Packaging Market
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“The transfer molded packaging segment, by molded type, to gain the maximum
share of the market during the forecast period”
The transfer molded packaging segment is projected to account for the largest share by
2024, mainly because of the growth in consumption of transfer molded packaging in the
food, foodservice disposable, healthcare, and automotive industries. Transfer packaging is
most commonly used in the manufacturing of egg cartons, trays as well as fruit, food, &
serving trays in the foodservice industry. This is due to the rise in consumption of
convenient, recyclable, and sustainable packaging products for which molded pulp
packaging is used, especially in the emerging markets of Asia Pacific and South America.
The increasing demand for sustainable food disposables from the foodservice disposable
industry provides a growth opportunity for the molded pulp packaging market.