Molded Fiber Clamshell and Container Market Growth Factors and Professional In-D

Posted by Fred Williams on January 1st, 2021

Among a slew of end-use industries, food and beverage packaging is likely to contribute substantially to the growth of molded fiber clamshell and container market, says Transparency Market Research (TMR) in one of its research reports. Consumer electronics and consumer durables is expected to be another key contributor to the growth of molded fiber clamshell and container market, finds TMR.

Serving such lucrative end-use industries, this validates predicted stellar growth of molded fiber clamshell and container market at a CAGR of 6% between 2017 and 2022. Expanding at this pace, the market will be valued at more than US$ 2.7 bn by 2022 rising from US bn in 2017.

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Rising demand for molded fiber clamshell and container is attributed to factors such as cheap cost, light weight, and environmentally sustainable constitution. Changing lifestyle and vast demand for packaged food and beverages is resulting in increasing demand for sustainable packaging solutions. This includes molded fiber clamshells and containers.

Hectic lifestyle in urban areas is arousing demand for packaged fruits and vegetables that are ready to use. This requires sustainable packaging for longer shelf life of cut fruits and vegetables. Molded fiber clamshell and containers serve the purpose.

Molded fiber clamshell and containers are environment friendly too. This accounts for their increasing use serving as sustainable packaging solutions. Rising environment protection policies in emerging economies of Asia Pacific have led to surge in demand for sustainable packaging solutions. Environmental organizations along with cooperation of individuals are striving to adopt environment friendly solutions for everyday needs. Molded fiber clamshell and containers serve the purpose.