Moulded Pulp Packaging Market Size to Surpass US$ 12.4 Billion by 2033, The Brainy Insights [Yahoo! Finance]
UFP Technologies, Inc. (UFPT)
Last ufp technologies, inc. earnings: 3/4 08:35 am
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Source: Yahoo! Finance
The increasing demand for sustainable & eco-friendly packaging solutions drives the market's growth. Asia Pacific emerged as the largest global moulded pulp packaging market, with a 41% market revenue share in 2023. Newark, May 22, 2024 (GLOBE NEWSWIRE) -- The Brainy Insights estimates that the USD 5.8 billion moulded pulp packaging market will reach USD 12.4 billion by 2033. By using recycled paper resources to create stiff and protective packaging, moulded pulp packaging has become a viable and environmentally conscious packaging option. Because of its adaptability, moulded pulp packaging is used extensively in various product categories, including electronics, cosmetics, food products, and fragile items. Its unique quality is its remarkable capacity to cushion and absorb shocks, which makes it a top option for guaranteeing the secure transportation of delicate items. Because moulded pulp is recyclable, compostable, and biodegradable, it stands out for being environmentally friend
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UFPT
Sec Filings
- 6/11/24 - Form 8-K
- 6/7/24 - Form 4
- 6/7/24 - Form 4
- UFPT's page on the SEC website