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Scrap Beat

by Scrap Magazine | Jul 07, 2020

Molded Pulp Packaging Market Will Grow, Report Says

The molded pulp packaging market in the United States will grow 6.1% annually through 2024, a new report from market research firm Freedonia Group (Cleveland) finds.

Increased demand for sustainable packaging, the biodegradability and compostability of molded pulp, a consumer backlash against single-use plastics, and lower costs and product developments in the molded pulp market are driving the growth, the group says. Visit bit.ly/3cbvahU.

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