Molded Pulp Packaging Market Forecast to 2026 | Trends and Growth Dynamics

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Molded Pulp Packaging Report 2020 Regional
Analysis Growth Forecast to 2026
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Global Market Scenario of Molded Pulp Packaging
Industry

• Global Market Insights, Inc present the report on
  global Molded Pulp Packaging Market evaluates the
  growth trends of the industry through historical
  study and estimates future prospects based on
  comprehensive research.
• Escalating demand for green packaging solutions
  in the healthcare, food, electronics, and
  agriculture industries is likely to drive the
  demand for molded pulp packaging. Molded pulp
  containers or packaging are made out of multiple
  fibrous and natural materials such as recycled
  paper, cardboard, sugarcane, bamboo, or wheat
  straw.
• These raw materials help in defining the color,
  surface texture, and strength of the packaging.
  It comes in three-dimensional shapes and with
  round corners, unlike its counterparts like
  cardboard boxes. One of the best examples of
  molded pulp packaging is egg cartons.
• As a result of the ongoing COVID-19 health
  crisis, various industry verticals all over the
  world are starting to observe a growing need for
  sustainable packaging. Some of these industries
  are healthcare and agriculture, which lately have
  gained immense traction owing to rising demand
  for essential services and products.

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• Moreover, the manufacturing technology of molded
  pulp containers has seen a drastic change
  overtime, with consumers having an wide range of
  option for more sophisticated and aesthetically
  appealing packaging solutions that come with
  smoother surfaces. With this improvement in
  appearance and texture, pulp packaging finds
  diverse applications in numerous sectors.
• Molded pulp plates are steadily replacing plastic
  tableware from restaurants and food events.
  Caterers nowadays are preferring to serve food in
  these plates as they are available in a variety
  of shapes along with multiple indentations for
  segregating different recipes. Besides, it
  provides higher smoothness, making it attractive
  for both restaurants and consumers.
• Apart from its remarkable features, molded pulp
  plates also offers benefits like no presence of
  wax lining, soak proof, ability to handle both
  hot cold items and being microwave freezer
  safe.

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360 Industry Analysis

• Proliferating healthcare expenditure across Latin
  America owing to the rampant spread of COVID-19
  is estimated to boost the demand for molded pulp
  products in the region.
• Healthcare firms are utilizing molded pulp to
  package their drugs and vaccines. The pandemic
  has triggered an exponential rise in public
  healthcare expenditure, in turn supporting the
  growth of the healthcare packaging industry.
•  

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• Competitive Analysis
• Prominent players contributing towards the global
  industry are Smurfit Kappa, UFP Technologies,
  Sonoco Products Company, Pacific Pulp Molding,
  Inc., Western Pulp Products Company, Alta Global,
  Inc., Huhtamaki Group, DS Smith, CMPC, Austin
  Foam Plastics, Inc. (AFP), YFY Jupiter,
  Enviropak, Molpack Corporation Ltd., Best Plus
  Pulp Co. Ltd. Hartmann, Stora Enso

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