CHICAGO, July 15, 2019 /PRNewswire/ — According to the new market research report ’Molded Pulp Packaging Market by Source Type (Wood & Non-wood), Molded Type (Thick Wall, Transfer, Thermoformed, Processed), Product (Trays, Bowls, Cups, Plates, Clamshells), End Use, and Region – Global Forecast to 2024′, published by MarketsandMarkets™, the Molded Pulp Packaging Market size is projected to grow from USD 3.5 billion in 2019 to reach USD 4.4 billion by 2024, at a CAGR of 4.4%. “The transfer molded packaging segment, by molded type, to gain the maximum share of the market during the forecast period” The transfer molded packaging segment is projected to account for the largest share by 2024, mainly because of the growth in consumption of transfer molded packaging in the food, foodservice disposable, healthcare, and automotive industries. Transfer packaging is most commonly used in the manufacturing of egg cartons, trays as well as fruit, food, & serving trays in the foodservice industry. This is due to the rise in consumption of convenient, recyclable, and sustainable packaging products for which molded pulp packaging is used, especially in...