Ottawa, April 11, 2025 (GLOBE NEWSWIRE) -- The molded fiber packaging market size to record US $9.21 billion in 2025 and is projected to grow beyond US $15.57 billion by 2034, a study published by Towards Packaging a sister firm of Precedence Research. The key players operating in the market are focused on adopting inorganic growth strategies like acquisition and collaboration to develop new technology for molded fiber packaging, which has estimated to drive the growth of the molded fiber packaging market in the near future.
Market Overview:
Molded pulp, sometimes referred to as molded fiber, is a type of packaging material that is mostly composed of newsprint and recycled paperboard. Fibers are hydrated till they form a pulp, molded into precise forms, and then dried in order to create this design. Molded packaging is made by mixing water and recycled paper to create a pulp slurry. After that, this slurry is molded into different shapes using methods like pressure or vacuum molding.
- According to Huhtamaki Sustainability Report, the molded fiber manufacturing process requires less energycompared to traditional plastic packaging. Some manufacturers report energy savings of up to 30% during production when compared to plastic alternatives.
To create strong, lightweight packaging that is recyclable and biodegradable, the pulp is dried after it has been molded. In addition to minimizing waste, this environmentally friendly production method has a much less environmental impact than traditional plastic packaging. This substance is frequently commended for its eco-friendliness.
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