Why is moulded paper pulp used for packaging?

Why is moulded paper pulp used for packaging?

Pulp packaging is very strong and protective.
It works to prevent breakages during transport and can even outperform expensive foams and plastics!
All materials used to generate molded fiber containers or paper pulp packaging are top grade and made of simple materials that are 100% recyclable. This criterion is imperative for environmental conservation by reducing Cox and NOx emissions and holds ground for cost feasibility.