AFP, Inc. (As a Subsidiary of Sealed Air), Sonoco Products Company, and Nippon Mold Industry Corporation were dominating the China Molded Fiber Packaging Market in 2022

China Molded Fiber Packaging Market is expected to grow with the CAGR of 7.5% in the forecast period of 2022 to 2029. The years considered for study are as mentioned below.

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China molded fiber packaging market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in China molded fiber packaging market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio.

For instance,

• In 2018 October, Henry Molded Products Inc. have decided to take part in the trade show at Pack Expo International in Chicago, IL, U.S. This development helps the company to increase customer base and revenue

AFP, Inc. is the dominating player in the market.

AFP, Inc. (As a subsidiary of Sealed Air)

AFP, Inc. (a subsidiary of Sealed Air) is headquartered in Texas, U.S. which was founded in 1978 as private ownership. The company is engaged in the manufacturing of custom-engineered protective packaging for retail, e-commerce and direct shipping applications. The company have wide product category packaging solutions and custom products out of which our focused product category is custom products. The company has wide presence across the Asia-Pacific and North America.

• In 2017 February, AFP, Inc., have acquired Springfield, MO's Engineered Packaging, Inc.'s (EPI) protective packaging division. This development helps the company to increase revenue

Sonoco Products Company

Sonoco Products Company is headquartered in South Carolina, U.S. and it was founded in year 1899 as public ownership. The company is engaged in the manufacturing of paper cone packaging and other packaging products for different industries. The company have business segment which are consumer packaging, display and packaging, paper and industrial converted products and protective solutions out of which our focused business segment is paper and industrial converted products. the company offers wide range of product categories such as mod consumer product packaging and services, industrial product & services and protective packaging solutions under which consumer product packaging and services is market focused category. The company has presence in Asia-Pacific, Europe, North America, South America, and Middle East and Africa.

• In 2020 August, Sonoco Products Company has decided to acquire the Sustainable Paper Can Solutions Producer. The company is engaged in the production of the paper packaging product in North America. This development helps the company to increase revenue

Nippon Mold Industry Corporation

Nippon Mold Industry Corporation is headquartered in Aichi, Japan as private ownership and founded in 1956. The company is engaged in the manufacturing of molded pulp products for different industries. The company has product category which are egg trays, fruit trays and industrial trays and cracked eff prevention measures out of which egg trays, fruit trays and industrial trays is market focused segment. The company has wide presence in Asia-Pacific.

• In 2018, Nippon Mold Industry Corporation have decided to increase the investment in the business by 260 million yen in the business of packaging. This development helps the company to increase the revenue and production