by The global fiber based packaging market size was estimated to be around US$ 365.2 billion in 2022. It is projected to reach US$ 527.71 billion by 2032, indicating a CAGR of 3.80% from 2023 to 2032.
Key Takeaways
- North America led the market with the biggest market share of 39% in 2022.
- Asia-Pacific is estimated to expand at the fastest CAGR during the forecast period.
- By Material, the paper segment has held the maximum revenue share of 59% in 2022.
- By Material, the pulp segment is anticipated to grow at a CAGR of 4.8% during the projected period.
- By Product Type, the cartons held the major market share of 29% in 2022.
- By Product Type, the bags and pouches segment is estimated to expand at the fastest CAGR over the projected period.
- By End User, the food & beverages segment had the largest market share of 37% in 2022.
- By End User, the e-commerce is estimated to grow at the fastest CAGR over the projected period.
Overview
The Fiber Based Packaging Market has witnessed a significant surge in recent years, driven by the growing emphasis on sustainable and eco-friendly packaging solutions. As the global awareness of environmental concerns escalates, industries are increasingly adopting fiber-based packaging materials. These materials, derived from renewable sources like paper and cardboard, offer a biodegradable alternative to traditional packaging, aligning with the rising demand for green and sustainable practices.
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Fiber Based Packaging Market Scope
| Report Coverage | Details |
| Market Size in 2023 | USD 377.25 Billion |
| Market Size by 2032 | USD 527. 71 Billion |
| Growth Rate from 2023 to 2032 | CAGR of 3.80% |
| Largest Market | North America |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Segments Covered | By Material, By Product Type, and By End Users |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Read More: Cadmium Telluride Market Size To Grow USD 20.28 Billion by 2032
Growth Factors
Several key factors contribute to the robust growth of the Fiber Based Packaging Market. Firstly, consumer preferences are shifting towards eco-conscious choices, prompting manufacturers to adopt sustainable packaging solutions. Additionally, stringent regulations and initiatives promoting reduced carbon footprint are encouraging businesses to opt for fiber-based materials. The versatility of fiber-based packaging, catering to various industries such as food and beverage, healthcare, and electronics, further propels its market growth.
Focusing on the global Fiber-based packaging market, the report highlights its status, future forecasts, growth opportunities, key market players, and key market regions such as the United States, Europe, and China. The study aims to present the development of the Fiber based packaging market by considering factors like Year-on-Year (Y-o-Y) growth, in addition to Compound Annual Growth Rate (CAGR). This approach enables a better understanding of market certainty and the identification of lucrative opportunities.
Region Snapshot
The market for Fiber Based Packaging is experiencing dynamic growth across various regions globally. North America and Europe are witnessing substantial adoption due to a well-established eco-conscious consumer base.
In Asia-Pacific, rapid industrialization, coupled with increasing environmental awareness, is driving the demand for fiber-based packaging solutions. Emerging economies in Latin America and Africa are also recognizing the importance of sustainable packaging, contributing to the market’s expansion in these regions.
Recent Developments
- In 2022, Zume and Solenis strengthened their partnership to promote sustainable packaging in the global food industry. They are launching a full range of 100% PFAS-free molded fiber packaging, encompassing items like hot cup lids, bowls, egg cartons, and protein trays.
- In 2022, Scandicore introduced the world’s first paper tube lids using PulPac’s innovative Dry Molded Fiber technology. PulPac will produce initial volumes, with the first art print lid deliveries expected to reach consumers in the upcoming spring season.
- In 2022, Cullen Packaging unveiled eco-friendly packaging crafted from natural materials, aiming to eliminate 270 million plastic bottles or pouches annually, contributing to sustainability and reducing plastic waste in the market.
Reasons to Purchase this Report:
- Comprehensive market segmentation analysis incorporating qualitative and quantitative research, considering the impact of economic and policy factors.
- In-depth regional and country-level analysis, examining the demand and supply dynamics that influence market growth.
- Market size in USD million and volume in million units provided for each segment and sub-segment.
- Detailed competitive landscape, including market share of major players, recent projects, and strategies implemented over the past five years.
- Comprehensive company profiles encompassing product offerings, key financial information, recent developments, SWOT analysis, and employed strategies by major market players.
Fiber Based Packaging Market Players
- International Paper Company
- WestRock Company
- Smurfit Kappa Group
- Mondi Group
- DS Smith Plc
- Georgia-Pacific LLC
- Oji Holdings Corporation
- Nine Dragons Paper (Holdings) Limited
- Pratt Industries, Inc.
- Svenska Cellulosa Aktiebolaget (SCA)
- Cascades Inc.
- UPM-Kymmene Corporation
- Packaging Corporation of America
- Lee & Man Paper Manufacturing Ltd.
- Clearwater Paper Corporation
Market Segmentations
By Material
- Paper
- Pulp
- Others
By Product Type
- Cartoons
- Clamshell
- Bags & Pouches
- Corrugated Boxes
- Others
By End Users
- Food & Beverages
- Consumer Electronics
- Healthcare
- E-commerce
- Others
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology (Premium Insights)
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Fiber Based Packaging Market
5.1. COVID-19 Landscape: Fiber Based Packaging Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Fiber Based Packaging Market, By Material
8.1. Fiber Based Packaging Market, by Material, 2023-2032
8.1.1 Paper
8.1.1.1. Market Revenue and Forecast (2020-2032)
8.1.2. Pulp
8.1.2.1. Market Revenue and Forecast (2020-2032)
8.1.3. Others
8.1.3.1. Market Revenue and Forecast (2020-2032)
Chapter 9. Global Fiber Based Packaging Market, By Product Type
9.1. Fiber Based Packaging Market, by Product Type, 2023-2032
9.1.1. Cartoons
9.1.1.1. Market Revenue and Forecast (2020-2032)
9.1.2. Clamshell
9.1.2.1. Market Revenue and Forecast (2020-2032)
9.1.3. Bags & Pouches
9.1.3.1. Market Revenue and Forecast (2020-2032)
9.1.4. Corrugated Boxes
9.1.4.1. Market Revenue and Forecast (2020-2032)
9.1.5. Others
9.1.5.1. Market Revenue and Forecast (2020-2032)
Chapter 10. Global Fiber Based Packaging Market, By End Users
10.1. Fiber Based Packaging Market, by End Users, 2023-2032
10.1.1. Food & Beverages
10.1.1.1. Market Revenue and Forecast (2020-2032)
10.1.2. Consumer Electronics
10.1.2.1. Market Revenue and Forecast (2020-2032)
10.1.3. Healthcare
10.1.3.1. Market Revenue and Forecast (2020-2032)
10.1.4. E-commerce
10.1.4.1. Market Revenue and Forecast (2020-2032)
10.1.5. Others
10.1.5.1. Market Revenue and Forecast (2020-2032)
Chapter 11. Global Fiber Based Packaging Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Material (2020-2032)
11.1.2. Market Revenue and Forecast, by Product Type (2020-2032)
11.1.3. Market Revenue and Forecast, by End Users (2020-2032)
11.1.4. U.S.
11.1.4.1. Market Revenue and Forecast, by Material (2020-2032)
11.1.4.2. Market Revenue and Forecast, by Product Type (2020-2032)
11.1.4.3. Market Revenue and Forecast, by End Users (2020-2032)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Forecast, by Material (2020-2032)
11.1.5.2. Market Revenue and Forecast, by Product Type (2020-2032)
11.1.5.3. Market Revenue and Forecast, by End Users (2020-2032)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Material (2020-2032)
11.2.2. Market Revenue and Forecast, by Product Type (2020-2032)
11.2.3. Market Revenue and Forecast, by End Users (2020-2032)
11.2.4. UK
11.2.4.1. Market Revenue and Forecast, by Material (2020-2032)
11.2.4.2. Market Revenue and Forecast, by Product Type (2020-2032)
11.2.4.3. Market Revenue and Forecast, by End Users (2020-2032)
11.2.5. Germany
11.2.5.1. Market Revenue and Forecast, by Material (2020-2032)
11.2.5.2. Market Revenue and Forecast, by Product Type (2020-2032)
11.2.5.3. Market Revenue and Forecast, by End Users (2020-2032)
11.2.6. France
11.2.6.1. Market Revenue and Forecast, by Material (2020-2032)
11.2.6.2. Market Revenue and Forecast, by Product Type (2020-2032)
11.2.6.3. Market Revenue and Forecast, by End Users (2020-2032)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Forecast, by Material (2020-2032)
11.2.7.2. Market Revenue and Forecast, by Product Type (2020-2032)
11.2.7.3. Market Revenue and Forecast, by End Users (2020-2032)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Material (2020-2032)
11.3.2. Market Revenue and Forecast, by Product Type (2020-2032)
11.3.3. Market Revenue and Forecast, by End Users (2020-2032)
11.3.4. India
11.3.4.1. Market Revenue and Forecast, by Material (2020-2032)
11.3.4.2. Market Revenue and Forecast, by Product Type (2020-2032)
11.3.4.3. Market Revenue and Forecast, by End Users (2020-2032)
11.3.5. China
11.3.5.1. Market Revenue and Forecast, by Material (2020-2032)
11.3.5.2. Market Revenue and Forecast, by Product Type (2020-2032)
11.3.5.3. Market Revenue and Forecast, by End Users (2020-2032)
11.3.6. Japan
11.3.6.1. Market Revenue and Forecast, by Material (2020-2032)
11.3.6.2. Market Revenue and Forecast, by Product Type (2020-2032)
11.3.6.3. Market Revenue and Forecast, by End Users (2020-2032)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Forecast, by Material (2020-2032)
11.3.7.2. Market Revenue and Forecast, by Product Type (2020-2032)
11.3.7.3. Market Revenue and Forecast, by End Users (2020-2032)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Material (2020-2032)
11.4.2. Market Revenue and Forecast, by Product Type (2020-2032)
11.4.3. Market Revenue and Forecast, by End Users (2020-2032)
11.4.4. GCC
11.4.4.1. Market Revenue and Forecast, by Material (2020-2032)
11.4.4.2. Market Revenue and Forecast, by Product Type (2020-2032)
11.4.4.3. Market Revenue and Forecast, by End Users (2020-2032)
11.4.5. North Africa
11.4.5.1. Market Revenue and Forecast, by Material (2020-2032)
11.4.5.2. Market Revenue and Forecast, by Product Type (2020-2032)
11.4.5.3. Market Revenue and Forecast, by End Users (2020-2032)
11.4.6. South Africa
11.4.6.1. Market Revenue and Forecast, by Material (2020-2032)
11.4.6.2. Market Revenue and Forecast, by Product Type (2020-2032)
11.4.6.3. Market Revenue and Forecast, by End Users (2020-2032)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Forecast, by Material (2020-2032)
11.4.7.2. Market Revenue and Forecast, by Product Type (2020-2032)
11.4.7.3. Market Revenue and Forecast, by End Users (2020-2032)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Material (2020-2032)
11.5.2. Market Revenue and Forecast, by Product Type (2020-2032)
11.5.3. Market Revenue and Forecast, by End Users (2020-2032)
11.5.4. Brazil
11.5.4.1. Market Revenue and Forecast, by Material (2020-2032)
11.5.4.2. Market Revenue and Forecast, by Product Type (2020-2032)
11.5.4.3. Market Revenue and Forecast, by End Users (2020-2032)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Forecast, by Material (2020-2032)
11.5.5.2. Market Revenue and Forecast, by Product Type (2020-2032)
11.5.5.3. Market Revenue and Forecast, by End Users (2020-2032)
Chapter 12. Company Profiles
12.1. International Paper Company
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. WestRock Company
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Smurfit Kappa Group
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Mondi Group
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. DS Smith Plc
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Georgia-Pacific LLC
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Oji Holdings Corporation
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Nine Dragons Paper (Holdings) Limited
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Pratt Industries, Inc.
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Svenska Cellulosa Aktiebolaget (SCA)
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
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