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Download Free sampleThe global Molded Fiber Packaging market was valued at 4559 Million USD in 2021 and will grow with a CAGR of 5.05% from 2021 to 2027.
The prime objective of Molded Fiber Packaging Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Molded Fiber Packaging Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Molded fiber is also known as molded pulp packaging, which is used as a protective packaging for many products in food and beverage, electronics, and personal care sectors. Molded fiber is made from 100% recycled paper or pulp materials. It is recyclable, biodegradable, and sustainable and reduces input and disposal costs compared to less recyclable, petroleum-based materials.The molded fiber packaging market is highly fragmented. Top 20 manufacturers only hold 43% market share.
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