The US molded pulp packaging market is estimated to grow at a CAGR of 3.6% during the forecast period. The rising shift towards sustainable packaging coupled with the increasing food and beverage industry is supporting to propel the market growth. As per the United States Department of Agriculture (USDA), Agriculture, food, and associated industries supported nearly $1 trillion to the country’s GDP in 2017, a 5.4% share. Food represented 12.9% of American households’ expenditures in 2018. Further, increasing consumption of eggs has been reported in the country.
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As per the US Poultry & Egg Association, the country’s egg per capita consumption increased from 284.1 in 2018 to 287.1 in 2019. This, in turn, increased the demand for egg trays that offers optimum protection of fragile product including egg at all stages of the transportation and supply chain. Owing to its reliability, it reduces the losses of manufacturers and retail chains. The benefits of molded fiber egg packaging include easy to recycle, high strength and reliability, transportation and usage convenience, and more.
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US Molded Pulp Packaging Market Segmentation
By Source
• Wood
• Non-Wood
By Type
• Thermoformed
• Processed
• Thick Wall
• Transfer
By End-Use
• Food Packaging
• Food Service
• Electronics
• Healthcare
• Others
Company Profiles
• AFP, Inc.
• Atlantic Pulp
• EnviroPAK Corp.
• Fabri-Kal
• FiberCel Packaging LLC
• Genpak LLC
• Henry Molded Products Inc.
• Keiding, Inc.
• Molded Pulp Engineering
• Novolex (Eco-Products, Inc.)
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