Dublin, Dec. 24, 2024 (GLOBE NEWSWIRE) -- The "Fiber-Based Packaging - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Fiber-Based Packaging was estimated at US$352.5 Billion in 2023 and is projected to reach US$479.9 Billion by 2030, growing at a CAGR of 4.5% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. 
The growth in the fiber-based packaging market is driven by several factors, including the increasing demand for sustainable and biodegradable packaging solutions as consumers and businesses prioritize environmental responsibility. The surge in e-commerce and food delivery services is further boosting the need for protective and customizable packaging that is both functional and eco-friendly.
Regulatory pressures to reduce single-use plastics, particularly in developed markets, are pushing manufacturers to adopt fiber-based packaging solutions that meet these compliance standards. Technological advancements in pulp processing and coating techniques are also enhancing the durability and versatility of fiber-based products, making them suitable for a broader range of applications and industries.
Key Questions Answered:
- How is the Global Fiber-Based Packaging Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players in the Global Fiber-Based Packaging Market such as American Products LLC., AR Packaging Group AB, Footprint LLC, Georgia-Pacific LLC, Huhtamaki Oyj and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 46 companies featured in this Fiber-Based Packaging market report include:
- American Products LLC
- AR Packaging Group AB
- Footprint LLC
- Georgia-Pacific LLC
- Huhtamaki Oyj
- International Paper Company
- KEYES Packaging Group
- Mayr-Melnhof Karton AG
- Omni-Pac Group
- Rengo Co. Ltd.
Key Attributes
| Report Attribute | Details |
| No. of Pages | 273 |
| Forecast Period | 2023-2030 |
| Estimated Market Value (USD) in 2023 | $352.5 Billion |
| Forecasted Market Value (USD) by 2030 | $479.9 Billion |
| Compound Annual Growth Rate | 4.5% |
| Regions Covered | Global |
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of COVID-19 and a Looming Global Recession
- Fiber-Based Packaging - Global Key Competitors Percentage Market Share in 2024
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024
MARKET TRENDS & DRIVERS
- Rising Demand for Sustainable and Eco-Friendly Packaging Solutions
- Growth in Consumer Awareness for Biodegradable and Compostable Packaging
- Increased Adoption of Fiber-Based Packaging in the Food and Beverage Industry
- Expansion of E-commerce Boosting Demand for Protective Fiber-Based Packaging
- Technological Innovations in Fiber Packaging for Enhanced Durability and Strength
- Growing Preference for Recyclable Packaging Among Retailers and Brands
- Surge in Demand for Lightweight Packaging Solutions to Reduce Transportation Costs
- Increased Focus on Zero-Waste Packaging Initiatives Across Industries
- Growth in Use of Fiber-Based Packaging for Pharmaceutical and Healthcare Products
- Rising Popularity of Customizable and Printed Fiber Packaging Solutions
- Increased Demand for Alternatives to Single-Use Plastic Packaging
- Expansion of Fiber Packaging Applications in Personal Care and Cosmetics
For more information about this report visit https://www.researchandmarkets.com/r/krpe2u
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