Fiber Based Packaging Market to Expand at a CAGR of 3.6%

1. Fiber Based Packaging Market Leading Vendors, Products, and Services O?erings January 12, 2022 According to Transparency Market Research’s latest report on the global fiber based • packaging market for the forecast period of 2021–2025, the market is estimated to grow, owing to the demand from food & beverages and personal care & cosmetics industries. The global fiber based packaging market is expected to clock a CAGR • of 3.6% during the forecast period Create PDF in your applications with the Pdfcrowd HTML to PDF API PDFCROWD

2. ?ber based packaging market infographic Create PDF in your applications with the Pdfcrowd HTML to PDF API PDFCROWD

3. Multi-sensor Packaging Product Features Propelling Market Growth Manufacturer across the packaging industry are focusing on adding tactile appeal, • which renders a real velvet feel through soft touch pack products. Many fiber-based paperboard producers manufacturing cartons, partitions, inserts, etc. have entered into the competition of heightening the consumer’s consumption sensory experience.For instance, several carton packets render features of opening and reclosing through a click of a button, thus creating a unique feature appeal to consumers while purchasing food or cosmetic products Stuck in a neck-to-neck competition with other brands? Request a custom report on Fiber Based Packaging Market These special feature boxes and cartons are predominantly used by paper and • paperboard manufacturers, which are highly demanded in cosmetic and food segments. Moreover, such additive features fasten up the product consumption operation of consumers, thus offering speed and flexibility to consumers across multiple application industries. Regions of North America and Europe have adopted multisensory fiber based • packaging products on a massive scale. Following such an enormous drive, countries of APAC have witnessed a significant increase in consumption of multi- sensory paper and paperboard packaging products. Create PDF in your applications with the Pdfcrowd HTML to PDF API PDFCROWD

4. Fiber Based Packaging in Personal Care & Cosmetics Industry to Boost Production Personal care is playing a key role in boosting the fiber based packaging market • sales in the world. According to a study, the global personal care & cosmetics industry contributes more than 30% to the market share. Increasing consumption of various cosmetics products and rapidly evolving consumer habits of using cosmetics on a regular basis are driving the global cosmetics & personal industry, which, in turn, is fueling the growth of the fiber based packaging market. Moreover, retails and the eCommerce sector have resulted in increased supply of • cosmetics across nations. The demand for making skin and body beautiful has made the world try more number of products. The availability of variety of products has fulfilled the demand of consumers at a wide and large scale. Furthermore, the ongoing trend of being entrepreneur in personal care & cosmetics industry is bringing a change in consumers’ choice, which has led to the production of more fiber based packaged products. Fiber Based Packaging Market: Key Findings Among packaging types, the corrugated boxes segment is expected to hold a major • share of the global market. However, this segment is estimated to witness a loss of 40Bps by 2025. Partitions & inserts segment is estimated to account the prominent growth during • the forecast period, and is likely to create an incremental opportunity of more than US$ 2.1 Bn by the end of the forecast years. Create PDF in your applications with the Pdfcrowd HTML to PDF API PDFCROWD

5. Based on material type, the kraft paper segment is expected to expand at the • growth rate of 4.5% Consumption of recycled fiber is expected to bolster in the upcoming years • attributing to minimizing landfills and wastage. This segment is projected to reach over 1,231 Bn Units by the end of 2025. Food segment is anticipated to outbid others in the global market; however, the • fiber based packaging market for personal care and cosmetics is anticipated to expand 1.3 times of current market value in upcoming years In terms of CAGR, Middle East & Africa is likely to emerge as the dominating region • in the global fiber based packaging market, owing to the increasing demand from the beauty industry To understand how our report can bring difference to your business strategy, Ask for a brochure Fiber Based Packaging Market: Competition Landscape TMR analyzed that the global fiber based packaging market is highly competitive, • owing to a large number of local players in the market. This competition among key players is carefully studied based on developments, strategies, and segmental revenue of the company. In the latest fiber based packaging market study, leading players that have been • included areInternational Paper Company Create PDF in your applications with the Pdfcrowd HTML to PDF API PDFCROWD

6. Smurfit Kappa Group PLC • Georgia-Pacific LLC • WestRock Company • Reynolds Group Holdings Ltd • Stora Enso Oyj • DS Smith Plc • Huhtamaki Oyj • 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 • U.S. Corrugated, Inc • Create PDF in your applications with the Pdfcrowd HTML to PDF API PDFCROWD

7. UFP Technologies, Inc. • ESCO Technologies Inc. • Brodrene Hartmann A/S • Create PDF in your applications with the Pdfcrowd HTML to PDF API PDFCROWD