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Molded fiber is a type of packaging material that is often created using recycled newsprint and/or paperboard. It is employed as protective packaging, as well as for beverage and food service trays. One of the most popular items in the foodservice sector is molded fiber plates.
The most recognizable disposable tableware in the world and perfect for a variety of foods are molded fiber plates. The fact that molded fiber plates are both strong and light is what accounts for their high preference. Depending on the type of food served, molded fiber plates can be produced in a wide variety of forms and sizes thanks to their straightforward design concept.
The global molded fiber plates market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.
Molded fiber plate producers have been working to make sure that the style and form of the plates match the kind of food that they are intended to hold. Molded fiber plates come in a variety of sizes on the market. Molded fiber plates come in a variety of shapes, including oval, round, and square, as well as the opportunity for customized designs.
Molded fiber plate designs are often employed to sway customer opinion. This presents an opportunity for producers of molded fiber plates to alter their designs to give them a more contemporary look.
The number of foodservice establishments will probably increase, notably in the developing nations of the Asia Pacific region, which will likely be advantageous for the global market for molded fiber plates.
It is anticipated that major players in the global market for molded fiber plates will concentrate on increasing the proportion of recyclable materials in their offerings.
Molded fiber plates with various cavities are also available in the market to meet the need for plates that may be used to serve multiple cuisines. Better stackability of plates and the creation of processed chlorine-free molded fiber plates are two further areas of focus for manufacturers of molded fiber plates.
