Use of Fiber Based Packaging in the Food and Beverage Sector Propping Up the Demand in the Fiber Based Packaging Market, Projected to Reach at a US$ 372.7 Billion by 2034 | FMI [Yahoo! Fin...
UFP Technologies, Inc. (UFPT)
Last ufp technologies, inc. earnings: 3/4 08:35 am
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Source: Yahoo! Finance
easily available in China, the cost of the manufacturing process for fiber based packaging is decreasing in China, allowing for greater production. NEWARK, Del, March 18, 2024 (GLOBE NEWSWIRE) -- The fiber based packaging market is expected to be valued at US$ 308.8 billion in 2024. The market is expected to progress at a consistent rate over the forecast period, with a CAGR of 1.9%. By 2034, the value of the market is forecasted to have inflated to US$ 372.7 billion. Rising inclination toward sustainability is a primary contributing factor to the growth of the fiber based packaging market. As both consumers and manufacturers become more aware of sustainability concerns, fiber based packaging is being preferred over plastic packaging. The need to adhere to governmental standards regarding sustainability are also guiding stakeholders The fiber based packaging industry is advancing with the development of various end-user industries. Food & beverage is a prominent end-user industr
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UFPT
News
- Global Electronic Packaging Market Size Thriving Beyond USD 18.57 Billion by 2033 | Advancements Expanding Electronic Packaging Applications [Yahoo! Finance]Yahoo! Finance
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- Magnolia Advanced Materials is Exhibiting at SAMPE 2024 [Yahoo! Finance]Yahoo! Finance
- UFP Technologies (UFPT) Outperformed in Q1 With 47% Gain [Yahoo! Finance]Yahoo! Finance
- Headwaters Capital Q1 2024 Investor Letter [Seeking Alpha]Seeking Alpha
UFPT
Sec Filings
- 4/26/24 - Form DEF
- 3/18/24 - Form 8-K
- 3/15/24 - Form 4
- UFPT's page on the SEC website