Asia Fiber Based Packaging Industry Overview, Analysis, Opportunities, Forecast, Segmentation, Applications, Competitive Analysis : Ken Research

1

• Eco-Friendly Sustainable Materials to Intensify
  Asia Fiber Based Packaging Industry Ken Research

2

• According to the study Asia Fiber Based
  Packaging Industry Situation and Prospects
  Research report, the fiber based packaging
  industry is segmented into various types such as
  corrugated boxes, cartons, partitions, inserts,
  bottles carriers, cup carriers, trays, plates,
  clamshells, display packaging, bags, sacks and
  others. The materials used in the manufacture of
  fiber based packagings are corrugated,
  boxboard/carton board, moulded pulp, and kraft
  paper. Various end-users of fiber based
  packagings are food packaging, beverages
  packaging, tobacco packaging, healthcare
  packaging, personal care cosmetics, homecare
  toiletries, electrical electronics, other
  industrial packaging, e-commerce packaging,
  chemical and fertilizers. Corrugated boxes are
  used for various packaging needs and are mainly
  used in transit packaging across several industry
  sectors. Asian fiber based packaging market is
  segmented into virgin and recycled by material
  source. Recycled fiber segment is likely to
  dominate the Asian markets accounting for a major
  share. Within the fiber based packaging market,
  cartons hold significant share in the market as
  they are widely preferred for primary packaging
  in food and beverages, cosmetics and personal
  care, pharmaceuticals, etc.

3

• Evolution is a continuing process within the
  packaging industry.  Packaging serves multiple
  functions such as physical protection, product
  marketing, tamper evidence, theft protection,
  durability, and portion control. From the past
  few years sustainability was made essential in
  packaging solutions driving for more growth in
  the Asian markets. Environmental impact of
  non-recyclable materials has led to a demand for
  eco-friendly packagings adhering to the
  environmental protection guidelines. Fiber based
  packaging utilizes renewable, reusable or
  biodegradable materials in the process of product
  packaging. Millennials prefer packaging to be
  sustainable due to awareness of environmental
  degradation. Fiber based packaging is attractive
  and consumers are willing to invest and pay more
  for the same.

4

• Geographically, Asia fiber based packaging market
  is spread across China, Japan, India, Korea,
  Saudi Arabia and other region. The leading
  players in Asia fiber based packaging market are
  International Paper Company, DS Smith Plc,
  Huhtamaki Oyj, Smurfit Kappa Group PLC, Sonoco
  Products Company, WestRock Company,
  Georgia-Pacific LLC, Pratt Industries Inc.,
  Reynolds Group Holdings Ltd., U.S. Corrugated,
  Inc., UFP Technologies, Inc., ESCO Technologies
  Inc., Brodrene Hartmann A/S, KapStone Paper and
  Packaging, Mayr-Melnhof Karton AG, Rengo Co.,
  Ltd., Mondi Group, Stora Enso and AR Packaging
  Group AB. Leading players are investing heavily
  in research and development for more innovative
  products to meet the increasing demands. The
  fiber based packaging market has witnessed
  extraordinary growth in the recent years due to
  increasing applications across several end-use
  industries. Corrugated boxes account for more
  than 50 of the fiber based packaging market
  amongst all type of fiber based packaging
  materials. Food packaging accounts for a major
  share because Asia is anticipated to emerge as
  the most lucrative market in terms of both value
  and volume over the next few years.

5

• A shift in consumer preferences for light weight,
  cost effective materials and easy availability of
  raw materials has resulted in the impressive
  growth of Asian fiber based packaging market.
  Fiber based packagings employ highly automated
  machines for the design of paperboard products
  which substantially reduces labour and packaging
  costs. The growing concerns of global warming are
  also having a positive impact on the growth of
  global fiber based packaging market. Almost all
  manufacturers and consumers are focussing on
  eco-friendly packaging solutions. Fiber based
  packagings are utilizes biodegradable material
  obtained from natural sources that are
  sustainable in the long run. Additionally,
  emerging economies are strictly monitor plastic
  packaging solutions and encouraging the use of
  bio-degradable packaging solutions.

6

• To know more, click on the link below
• https//www.kenresearch.com/metal-mining-and-chemi
  cals/chemicals/asia-fiber-based-packaging-industry
  -situation-and-prospects-research-report/145844-10
  1.html
• Related Reports
• https//www.kenresearch.com/metal-mining-and-chemi
  cals/chemicals/europe-fiber-based-packaging-indust
  ry-situation-and-prospects-research-report/146014-
  101.html
• https//www.kenresearch.com/metal-mining-and-chemi
  cals/chemicals/global-fiber-based-packaging-indust
  ry-situation-and-prospects-research-report/146186-
  101.html
• Contact UsKen ResearchAnkur Gupta, Head
  Marketing Communicationssales_at_kenresearch.com
• 91-9015378249

7
(No Transcript)