The Fiber Based Packaging Market Size is valued at USD 295.3 Bn in 2023 and is predicted to reach USD 340.9 Bn by the year 2031 at an 1.8% CAGR during the forecast period for 2024-2031.
Fiber-based packaging products are made from natural plant and tree fibers, utilizing materials like paper and cardboard. These eco-friendly packaging solutions offer sustainable alternatives to traditional materials, contributing to reduced environmental impact. Because it is considered recyclable and biodegradable, fiber-based packaging has received greater acceptance as a green alternative to plastics for packaging. This category ranges from simple paper bags to more intricate corrugated boxes. It is usually made from virgin pulpwood, recycled paper, or agricultural residues, providing a very versatile solution for industrial applications such as food, cosmetics, and electronics.
High demand for sustainable practices in packages drives the market growth of fiber-based packaging. Consumers opt for eco-friendly packaged products, and heavy regulation in the usage of plastics speeds up this shift. As part of sustainability measures, companies are adopting fiber-based packaging for their products, thus increasing the market soon.
The fiber based packaging market is segmented by material type, material source, vertical. By material type the market is segmented into corrugated, boxboard/cartonboard, molded pulp, kraft paper, by material source market is categorized into virgin fiber, recycled fiber. By vertical market is categorized into corrugated boxes, cartons, partations & inserts, bottles & cup carriers, trays & clamshells, plates & bowls, bags & sacks. Cartons is sub segmented into folding cartons, liquid cartons, hinge lid cartons.
The corrugated segment is the force in the fiber-based packaging market from the increase in e-commerce, sustainability trends, and technological advancements. Online shopping has faced sudden upsurges in its demand, with increased packaging that involves secure methods, representing about 80% of packaging in the entire sector due to its protective quality for shipping. Sustainability would be one of the major drivers, with consumers increasingly getting inclined toward "green" packaging. What's more, most corrugated boxes come from reused materials. And lastly, technological innovation, including high-speed automatic machines, has increased production efficiency, enabled manufacturers to respond to the rising demand, and established the market leadership segment.
Recycled fiber markets are highly important in the fiber-based packaging market due to increasing focus on sustainability, support of regulations, and cost efficiency. It can assist in meeting the customer's demand for greener packaging as recycled fiber reduces the use of virgin materials and cuts down carbon emissions since less energy is required for production. Besides these points, several governments have also put some regulations in place that promote recycling and reducing plastic waste in their states, compelling the manufacturing industries to consider only recycled materials for their production. Apart from the environmental benefits, this recycled fiber may also be less expensive compared with virgin materials, and it is for this reason that companies that are looking into ways of cutting costs as well as remaining sustainable will consider taking in this product.
North America leads the fiber-based packaging market, driven by a strong manufacturing infrastructure, e-commerce growth, sustainability initiatives, consumer awareness, and technological innovation. The region's robust manufacturing base, particularly in the U.S. and Canada, supports the efficient production of packaging materials like corrugated boxes and moulded pulp products. E-commerce has increased demand for protective, lightweight, and cost-effective packaging while growing sustainability efforts and regulatory measures promote eco-friendly options. Consumer awareness of environmental issues further drives businesses to adopt fiber-based packaging, and advancements in packaging technology enhance production efficiency and quality to meet rising demand.
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Report Attribute |
Specifications |
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Market Size Value In 2022 |
USD 295.3 Bn |
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Revenue Forecast In 2031 |
USD 340.9 Bn |
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Growth Rate CAGR |
CAGR of 1.8% from 2024 to 2031 |
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Quantitative Units |
Representation of revenue in US$ Bn, Volume (Units) and CAGR from 2024 to 2031 |
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Historic Year |
2019 to 2023 |
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Forecast Year |
2024-2031 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Material Type, Material Source, Vertical and By Region |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South Korea; Southeast Asia |
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Competitive Landscape |
UFP Technologies Inc., Bumaga BV, Oji Fibre Solutions, WestRock Company, Ahlstrom Corporation, Sonoco Products Company, Pratt Industries Inc., KapStone Paper and Packaging Corp., Mayr-Melnhof Karton AG, Rengo Co. Ltd., Mondi Group, AR Packaging Group AB, BillerudKorsnäs AB, USA Corrugated Inc., ESCO Technologies Inc., Brodrene Hartmann A/S, International Paper Company, Smurfit Kappa Group PLC, Georgia-Pacific LLC |
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Customization Scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Geographic competitive landscape. |
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Pricing and Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Fiber Based Packaging Market Snapshot
Chapter 4. Global Fiber Based Packaging Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Porter's Five Forces Analysis
4.7. Incremental Opportunity Analysis (US$ MN), 2024-2031
4.8. Global Fiber Based Packaging Market Penetration & Growth Prospect Mapping (US$ Mn), 2023-2031
4.9. Competitive Landscape & Market Share Analysis, By Key Player (2023)
4.10. Use/impact of AI on Fiber Based Packaging Industry Trends
Chapter 5. Fiber Based Packaging Market Segmentation 1: By Material Type, Estimates & Trend Analysis
5.1. Market Share by Material Type, 2023 & 2031
5.2. Market Size (Value US$ Mn & Volume (Units)) & Forecasts and Trend Analyses, 2019 to 2031 for the following Material Type:
5.2.1. Corrugated
5.2.2. Boxboard/Cartonboard
5.2.3. Molded Pulp
5.2.4. Kraft Paper
Chapter 6. Fiber Based Packaging Market Segmentation 2: By Material Source, Estimates & Trend Analysis
6.1. Market Share by Material Source, 2023 & 2031
6.2. Market Size (Value US$ Mn & Volume (Units)) & Forecasts and Trend Analyses, 2019 to 2031 for the following Material Source:
6.2.1. Virgin Fiber
6.2.2. Recycled Fiber
Chapter 7. Fiber Based Packaging Market Segmentation 3: By Vertical, Estimates & Trend Analysis
7.1. Market Share by Vertical, 2023 & 2031
7.2. Market Size (Value US$ Mn & Volume (Units)) & Forecasts and Trend Analyses, 2019 to 2031 for the following Vertical:
7.2.1. Corrugated Boxes
7.2.2. Cartons
7.2.2.1. Folding Cartons
7.2.2.2. Liquid Cartons
7.2.2.3. Hinge Lid Cartons
7.2.3. Partations & Inserts
7.2.4. Bottles & Cup Carriers
7.2.5. Trays & Clamshells
7.2.6. Plates & Bowls
7.2.7. Bags & Sacks
Chapter 8. Fiber Based Packaging Market Segmentation 4: Regional Estimates & Trend Analysis
8.1. Global Fiber Based Packaging Market, Regional Snapshot 2023 & 2031
8.2. North America
8.2.1. North America Fiber Based Packaging Market Revenue (US$ Million) & Volume (Units) Estimates and Forecasts by Country, 2024-2031
8.2.1.1. US
8.2.1.2. Canada
8.2.2. North America Fiber Based Packaging Market Revenue (US$ Million) & Volume (Units) Estimates and Forecasts by Material Type, 2024-2031
8.2.3. North America Fiber Based Packaging Market Revenue (US$ Million) & Volume (Units) Estimates and Forecasts by Material Source, 2024-2031
8.2.4. North America Fiber Based Packaging Market Revenue (US$ Million) & Volume (Units) Estimates and Forecasts by Vertical, 2024-2031
8.3. Europe
8.3.1. Europe Fiber Based Packaging Market Revenue (US$ Million) & Volume (Units) Estimates and Forecasts by Country, 2024-2031
8.3.1.1. Germany
8.3.1.2. U.K.
8.3.1.3. France
8.3.1.4. Italy
8.3.1.5. Spain
8.3.1.6. Rest of Europe
8.3.2. Europe Fiber Based Packaging Market Revenue (US$ Million) & Volume (Units) Estimates and Forecasts by Material Type, 2024-2031
8.3.3. Europe Fiber Based Packaging Market Revenue (US$ Million) & Volume (Units) Estimates and Forecasts by Material Source, 2024-2031
8.3.4. Europe Fiber Based Packaging Market Revenue (US$ Million) & Volume (Units) Estimates and Forecasts by Vertical, 2024-2031
8.4. Asia Pacific
8.4.1. Asia Pacific Fiber Based Packaging Market Revenue (US$ Million) & Volume (Units) Estimates and Forecasts by Country, 2024-2031
8.4.1.1. India
8.4.1.2. China
8.4.1.3. Japan
8.4.1.4. Australia
8.4.1.5. South Korea
8.4.1.6. Hong Kong
8.4.1.7. Southeast Asia
8.4.1.8. Rest of Asia Pacific
8.4.2. Asia Pacific Fiber Based Packaging Market Revenue (US$ Million) & Volume (Units) Estimates and Forecasts by Material Type, 2024-2031
8.4.3. Asia Pacific Fiber Based Packaging Market Revenue (US$ Million) & Volume (Units) Estimates and Forecasts By Material Source, 2024-2031
8.4.4. Asia Pacific Fiber Based Packaging Market Revenue (US$ Million) & Volume (Units) Estimates and Forecasts by Vertical, 2024-2031
8.5. Latin America
8.5.1. Latin America Fiber Based Packaging Market Revenue (US$ Million) & Volume (Units) Estimates and Forecasts by Country, 2024-2031
8.5.1.1. Brazil
8.5.1.2. Mexico
8.5.1.3. Rest of Latin America
8.5.2. Latin America Fiber Based Packaging Market Revenue (US$ Million) & Volume (Units) Estimates and Forecasts by Material Type, 2024-2031
8.5.3. Latin America Fiber Based Packaging Market Revenue (US$ Million) & Volume (Units) Estimates and Forecasts by Material Source, 2024-2031
8.5.4. Latin America Fiber Based Packaging Market Revenue (US$ Million) & Volume (Units) Estimates and Forecasts by Vertical, 2024-2031
8.6. Middle East & Africa
8.6.1. Middle East & Africa Fiber Based Packaging Market Revenue (US$ Million) & Volume (Units) Estimates and Forecasts by country, 2024-2031
8.6.1.1. GCC Countries
8.6.1.2. Israel
8.6.1.3. South Africa
8.6.1.4. Rest of Middle East and Africa
8.6.2. Middle East & Africa Fiber Based Packaging Market Revenue (US$ Million) & Volume (Units) Estimates and Forecasts by Material Type, 2024-2031
8.6.3. Middle East & Africa Fiber Based Packaging Market Revenue (US$ Million) & Volume (Units) Estimates and Forecasts by Material Source, 2024-2031
8.6.4. Middle East & Africa Fiber Based Packaging Market Revenue (US$ Million) & Volume (Units) Estimates and Forecasts by Vertical, 2024-2031
Chapter 9. Competitive Landscape
9.1. Major Mergers and Acquisitions/Strategic Alliances
9.2. Company Profiles
9.2.1. UFP Technologies Inc.
9.2.1.1. Business Overview
9.2.1.2. Key Product/Service Offerings
9.2.1.3. Financial Performance
9.2.1.4. Geographical Presence
9.2.1.5. Recent Developments with Business Strategy
9.2.2. Bumaga BV
9.2.3. Oji Fibre Solutions
9.2.4. WestRock Company
9.2.5. Ahlstrom Corporation
9.2.6. Sonoco Products Company
9.2.7. Pratt Industries Inc.
9.2.8. KapStone Paper and Packaging Corp.
9.2.9. Mayr-Melnhof Karton AG
9.2.10. Rengo Co. Ltd.
9.2.11. Mondi Group
9.2.12. AR Packaging Group AB
9.2.13. BillerudKorsnäs AB
9.2.14. USA Corrugated Inc.
9.2.15. ESCO Technologies Inc.
9.2.16. Brodrene Hartmann A/S
9.2.17. International Paper Company
9.2.18. Smurfit Kappa Group PLC
9.2.19. Georgia-Pacific LLC
9.2.20. Other Prominent Players
Fiber Based Packaging Market by Material Type -
Fiber Based Packaging Market by Material Source -
Fiber Based Packaging Market by Vertical -
Fiber Based Packaging Market by Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
