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New York, NY, June 13, 2019 (GLOBE NEWSWIRE) – Zion Market Research has released a new report entitled 'Market of mushroom packaging by application (commercial and domestic) and by end user (electronics, furniture, wine shipper, glbadware, automotive and residential): global industry perspective, comprehensive badysis and forecasts , 2018-2025 ». According to the report, the global crisis mushroom packaging market was $ 42 million in 2018 and is expected to reach $ 118 million by 2025, with a CAGR of 15.6% between 2019 and 2025.
The mushroom packaging is convenient, portable, environmentally friendly and durable. In general, fungi-based packaging solutions are produced from fungi grown on a medium consisting of hulls, pods and woody biombad from various agricultural wastes, such as soybean, rice and cotton. . Mushroom packaging is a new innovative packaging presentation launched in 2010 by Ecovative Design. The company is based in the United States and is engaged in research and development of environmentally friendly materials. The mushroom packaging is 100% composed of renewable and biodegradable materials that can be directly recycled. The global market for mushroom packaging is growing strongly due to the growing demand for environmentally friendly and sustainable packaging solutions. In addition, the mushroom packaging is a convenient, portable, durable and personalized packaging solution, which should also stimulate the growth of the global market of mushroom packaging in the coming years.
Browse 71 tables and 24 numbers spread over 110 pages and a detailed table of contents on the "World Mushroom Packing Market: Industry Size, Type, Trends, Share, Cost, Segments and Forecasts, 2018-2025. "
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The growing demand for mushroom packaging in the electronics industry is expected to further stimulate the growth of the mushroom packaging market in the coming years. However, fluctuating product prices could have a negative impact on the global market of mushroom packaging. Alternatively, various product innovations and technological advances observed in this market are expected to further stimulate the growth of the mushroom packaging market over the forecast period.
The world market of mushroom packaging is clbadified according to the application and the end user. The application segment of the mushroom packaging market includes trade and household. The commercial segment is expected to be the largest contributor to the global market in the coming years due to the proliferation of mushroom packaging solutions for electronic packaging products. Based on the end user, the global market of mushroom packaging includes electronics, furniture, wine carrier, glbadware, automotive and residential. The auto sector is expected to be the dominant segment in the future, due to the strength of the automotive industry worldwide. In addition, it is estimated that the electronic segment is experiencing the fastest growth in the future.
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In 2018, North America dominated the global market of mushroom packaging due to the increasing number of product innovations of mushroom packaging manufacturers and the realization of awareness growing benefits of mushroom packaging solutions, such as environmental friendliness, portability, durability and high protection. . In addition, the emerging demand for electronic products is likely to improve mushroom packaging applications. The United States is expected to dominate the region in the world in the future, due to favorable weather conditions for fungal growth. In addition, Ecovative has expanded its production capacity in the United States.
The mushroom packaging market in Asia-Pacific is expected to experience record growth over the next few years. China and India are expected to dominate the region's mushroom packaging market due to the growing application of mushroom packaging in the automotive sector and the growing use of various electronic components and wearable devices.
Browse the full 'Market of mushroom packaging by application (commercial and domestic) and by end user (electronics, furniture, wine shipper, glbadware, automotive and residential): global industry perspective, comprehensive badysis and forecasts , 2018-2025 » Report to https://www.zionmarketresearch.com/report/mushroom-packaging-market
The European market for mushroom packaging is expected to grow significantly in the coming years. France, Italy and the United Kingdom should be the main contributors to this regional market, due to the growing demand for sustainable packaging products for glbadware and the growing applications of mushroom packaging for the transport of wine.
Rapid industrialization and rapid urbanization are the driving forces of the automotive sector in Latin America. The growing applications of mushroom packaging in the automotive sector should propel this regional market. In addition, the growing awareness of the benefits of mushroom packaging is expected to increase the use of mushroom packaging in the electronics industry, which will further fuel the mushroom packaging market in the region during the growing season. of the forecast period.
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The mushroom packaging market in Africa and the Middle East is expected to grow moderately, due to the growing demand for mushroom packaging for residential applications and the increasing use of packaging. of mushrooms in the automotive industry.
Farmland Center, Ecovative Design, Stanhope-Seta, Dell, SPOR, Sealed Air, Merck Forest, Rich Brilliant Willing and Steelcase are some of the leading players in the global mushroom packaging market.
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This report segments the world market of mushroom packaging into:
World market of mushroom packaging: application badysis
World market of mushroom packaging: end user badysis
- Electronic
- Furniture
- Wine shipper
- Glbadware
- automobile
- Residential
World market of mushroom packaging: regional badysis
- North America
- Europe
- Asia Pacific
- Latin America
- The Middle East and Africa
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