Fiber Based Packaging Market

Fiber based packaging Market- Market Segmentation:

Fiber based packaging Market- Market Dynamics:

Due to the evident concern of global warming, we have witnessed a shift in the way consumers and manufacturers approach buying & manufacturing/selling of products respectively. As the demand for sustainable products has risen, the supply has also kept up. Manufacturers have widened their product portfolio to include sustainable products. This has led to the development of sustainable packaging. Fiber based packaging forms a major chunk of sustainable packaging. Fiber based packaging is widely used in packaging of consumer goods, electronics, food & beverages etc. With the rising disposable incomes, fiber based packaging market is bound to witness a rise in growth during the forecasted period of 2016-2026. Millennials and Generation - Y prefer packaging to be sustainable because of their upbringing involving constant reminders of environmental degradation. Fiber based packaging is attractive to these segments of consumers and they are also willing to pay more for the same.

Fiber based packaging Market- Regional Outlook:

In terms of geography, the fiber based packaging market has been divided in to five key regions; North America, Latin America, Europe, Asia-Pacific and Middle East & Africa. China, India, other East Asian countries and Latin America will show a strong growth in fiber based packaging market through the forecasted period of 2026-2026. The Asian and Middle Eastern market is largest with regards to fiber based packaging. Steady growth in the mature markets is also expected through the forecasted period of 2016-2026.

Fiber based packaging Market- Major Players:

Some of the key players in the fiber based packaging market are Evergreen packaging, Omya AG, Orora Packaging Australia Pty Ltd, Stora Enso AB, Huthamaki Group, UFP Technologies, Inc., Bumaga BV, Oji Fibre solutions, Westrock Company, Ahlstrom Corporation.

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