Molded Fiber Clamshell and Container Market: Reporting And Evaluation Of Recent Industry Developments 2017 - 2022
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$2 bn in 2017. Favorable Physical Properties advocates Demand 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 s...