PUBLISHER: TechNavio | PRODUCT CODE: 1604058
PUBLISHER: TechNavio | PRODUCT CODE: 1604058
Fiber Based Packaging Market 2024-2028
The fiber based packaging market is forecasted to grow by USD 49.8 bn during 2023-2028, accelerating at a CAGR of 3% during the forecast period. The report on the fiber based packaging market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by highly efficient for equipment, rising focus on eco-friendly products by consumers, and rising disposable incomes.
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 2.9% |
CAGR | 3% |
Incremental Value | $49.8 bn |
Technavio's fiber based packaging market is segmented as below:
By End-user
By Geographical Landscape
This study identifies the demand for sustainable products as one of the prime reasons driving the fiber based packaging market growth during the next few years. Also, increasing demand for packaging in food and beverages industry and increased demand for sustainable and innovative packaging solutions by e-commerce industry will lead to sizable demand in the market.
The report on the fiber based packaging market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading fiber based packaging market vendors that include AR Packaging Group AB, BillerudKorsnas AB, Blue Lake Packaging Inc., Brodrene Hartmann AS, BrUCkner Group Gmbh, DS Smith Plc, Evergreen Packaging LLC, Huhtamaki Oyj, International Paper Co., Koch Industries Inc., Mayr-Melnhof Karton AG, McKinley Packaging, Mondi Plc, PulPac AB, Rengo Co. Ltd., Smurfit Kappa Group, Sonoco Products Co., Stora Enso Oyj, UFP Technologies Inc., and WestRock Co.. Also, the fiber based packaging market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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