Report ID: SQMIG15H2096
Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Fiber Based Packaging Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Fiber Based Packaging industry players.
The global fiber based packaging market competitive landscape is based on product innovation and strategic differentiation to substitute the conventional plastic and non-recyclable packaging material. The industry leaders are putting a lot of investment in superior material technologies in a bid to keep up with increased sustainability demands and enhance product performance. For example, in August 2023, Graphic Packaging International introduced PaceSetter Rainier, a Coated Recycled Paperboard (CRB) product with improved brightness and whiteness. This innovation competes with high-end substrates such as Solid Bleached Sulfate (SBS) and Folding Box Board (FBB), which reinforces the company's leadership in the high-end fiber based packaging business and increases its CRB manufacturing capacity.
Startup Landscape
GreenPacks was established in 2020 with the main objective of creating eco-friendly, biodegradable packaging material for the food sector. A green packaging company, GreenPacks offers 100% biodegradable and compostable packaging in the shape of fiber based products. The main objective of GreenPacks is to replace plastic packaging within the food sector with eco-friendly alternatives. GreenPacks works on renewable materials, such as agricultural waste, to create their products. They take the approach to develop packaging which dissolves away naturally with no residue left, and this caters to increasingly environmentally conscious consumer demand for such products. GreenPacks has the further aspiration of creating price-competitive options so that clean packaging will not be prohibitively expensive even to small companies alongside large producers.
Established in 2018, the main goal of FiberTech is to revolutionize the packaging industry with cutting-edge fiber based materials. FiberTech Innovations is a startup that works on the development of advanced fiber based packaging materials that are sustainable and robust. Their main products focus on offering high performance alternatives for plastics, with a focus in the cosmetics packaging and electronics packaging industries. FiberTech applies leading-edge technology to increase the tensile strength and water resistance properties of fiber material to use in high-end packaging. They hope to create a circular economy paradigm on which the fiber based packaging is very recyclable and replaces non-biodegradable plastic packaging in consumer good marketplaces of high values.
Top Player’s Company Profiles
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