The Future of Fibre-based Packaging to 2027
The fibre-based packaging market is witnessing a boom as environmental concerns, brand owner sustainability goals and the changing regulatory landscape are driving demand for fibre-based at the expense of the single-use plastic market. This industry holds huge potential, and Smithers forecasts that it will grow by about 5% for the next five years. Rapid and effective technological developments are the key for continuous growth, but how will fibre-based packaging continue to compete with the barrier properties of plastic? How does fibre-based compete with the high strength, elasticity and stretch properties of plastic? And how does fibre-based packaging production compare with plastics on key environmental credentials?
Our latest infographic explores the outlook for fibre-based packaging across the next five years, including: