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| Dimension | Value |
|---|---|
| Market Size (2023) | $1.2 Billion |
| Projected Growth Rate (2024-2028) | 6.5% |
| Leading Region | North America |
| Key Application Area | E-commerce Packaging |
| Sustainability Trend | Biodegradable Materials |
| Innovation Focus | Customizable Designs |
| Major Challenges | Cost Increase in Raw Materials |
| Consumer Preference Shift | Eco-friendly Packaging |