North America Molded Fiber Packaging Market by Companies, Growth, Competitors Analysis, New Technology and Forecast by 2028
North America Molded Fiber Packaging Market – Industry Trends and Forecast to 2028
Market Analysis and Insights: North America Molded Fiber Packaging Market
The molded fiber packaging market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing at a CAGR of 17.2% in the forecast period of 2020 to 2027and expected to reach USD 61,307.82 thousand by 2028.
Increasing preference for eco-friendly and biodegradable products for packaging drives the demand for the molded fiber packaging market over the forecast period.
Molded fiber also known as the molded pulp is a type of packaging material that is typically made up of wood pulp, recycled paperboard and/or newsprint. Such products that are produced from recycled materials can be recycled again after their useful life-cycle. Molded fiber has several properties due to which material is used for protective packaging across various industries such as food service trays and beverage carriers and electronics among others.
This molded fiber packaging market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
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