Fiber Based Packaging

Fiber Based Packaging Market Outlook

The global Fiber Based Packaging Market is projected to reach approximately USD 400 billion by 2035, growing at a CAGR of around 4.5% during the forecast period of 2025 to 2035. This growth is primarily driven by the increasing demand for sustainable packaging solutions across various industries, including food and beverage, consumer goods, and healthcare. The rising consumer preference for eco-friendly materials and the stringent regulations on plastic packaging further contribute to the market's expansion. Additionally, the growth of e-commerce and retail sectors necessitates efficient and protective packaging solutions, which fiber-based materials can provide. Moreover, innovations in packaging technology and design are also propelling the market forward, making fiber-based packaging more attractive for companies looking to reduce their carbon footprint.

Growth Factor of the Market

Several factors contribute to the robust growth of the Fiber Based Packaging Market. First and foremost, the global shift towards sustainability in packaging materials has made fiber-based solutions increasingly popular, as they are biodegradable and recyclable. The food and beverage industry, in particular, has shown a marked preference for fiber-based packaging, as it not only preserves product integrity but also aligns with consumer demands for environmentally friendly practices. Additionally, the rise of e-commerce has necessitated more durable packaging solutions, with fiber-based options providing the right balance of strength and lightness, reducing shipping costs and environmental impact. The constant innovation in design and manufacturing processes is also crucial, as companies innovate to create lightweight yet strong packaging that appeals to consumers and businesses alike. Furthermore, government regulations aimed at reducing plastic waste are accelerating the transition to fiber-based alternatives, thus positioning the market for sustained growth over the coming years.

Key Highlights of the Market

• The Fiber Based Packaging Market is expected to grow significantly due to increasing demand for sustainable packaging solutions.
• Applications in the food and beverage sector account for a substantial portion of the market share, driven by consumer preferences.
• Technological advancements in packaging materials are enhancing product performance and appeal.
• The rise of e-commerce has increased the demand for protective and durable packaging options.
• Regulatory pressures to reduce plastic waste are fostering innovation in fiber-based packaging solutions.

By Product Type

Corrugated Boxes:

Corrugated boxes are among the most widely used fiber-based packaging solutions due to their structural integrity and durability. These boxes are primarily utilized in the shipping and storage of goods, especially in the e-commerce and logistics sectors. Their ability to withstand stacking and rough handling makes them ideal for transporting a variety of products, from electronics to food items. The corrugated box segment is also benefiting from the trend toward sustainable packaging, as they are recyclable, reusable, and often made from recycled materials. Additionally, advancements in printing technologies have allowed companies to use corrugated boxes for branding and marketing purposes, enhancing the consumer experience.

Paperboard Packaging:

Paperboard packaging serves as a versatile solution in the Fiber Based Packaging Market, particularly for consumer goods. It is often used for packaging food items, cosmetics, and other retail products due to its lightweight nature and ease of handling. Paperboard is known for its printability, which allows brands to convey their messages effectively on the packaging. The segment is witnessing growth as manufacturers increasingly adopt paperboard over plastic alternatives, aligning with consumer preferences for eco-friendly packaging. Moreover, innovations in paperboard technology, such as moisture-resistant and greaseproof coatings, are expanding its application range, driving demand further.

Molded Pulp Packaging:

Molded pulp packaging represents an innovative approach to sustainable fiber-based packaging. It is often used for protective packaging, especially in electronics and fragile items. Molded pulp is created from recycled paper fibers, making it a highly eco-friendly option. Its ability to conform to various shapes provides excellent cushioning properties, reducing the risk of damage during transit. The market for molded pulp is growing as brands seek sustainable alternatives to plastic clamshells and foam packaging. Additionally, the increasing focus on reducing environmental impact and improving product presentation is boosting the adoption of molded pulp packaging, especially among conscious consumers and businesses.

Flexible Packaging:

Flexible packaging, which includes bags, pouches, and wraps, is a rapidly growing segment within the Fiber Based Packaging Market. Its lightweight and space-efficient properties make it an attractive option for various applications, particularly in the food sector. Flexible packaging allows for cost-effective shipping and storage solutions, as it can be tailored to fit products of different shapes and sizes. As consumer lifestyles evolve, the demand for convenient, on-the-go packaging is rising, further propelling the flexible packaging segment. Innovations, such as resealable and microwavable options, are enhancing its appeal, especially in the food and personal care industries.

Others:

This category encompasses various other types of fiber-based packaging solutions that do not fall into the previously mentioned segments. This can include items like paper bags, bulk bins, and specialty packaging solutions designed for specific applications. The growth in this segment is primarily driven by niche markets and the increasing demand for tailored packaging solutions. As companies strive for differentiation in a crowded marketplace, unique fiber-based options are gaining traction, providing businesses with the opportunity to enhance their product presentation and sustainability credentials. Additionally, the trend toward artisanal and locally-sourced products is further supporting the growth of specialized fiber-based packaging solutions.

By Application

Food & Beverage:

The food and beverage application segment is a significant driver of the Fiber Based Packaging Market, accounting for a substantial share of revenue. As consumers become more health-conscious and environmentally aware, there is a growing demand for packaging that not only preserves the quality and freshness of food but also aligns with sustainable practices. Fiber-based materials such as paper and molded pulp are increasingly preferred for packaging food items due to their biodegradable and recyclable properties. Furthermore, innovative designs in fiber-based packaging allow for extended shelf life and improved product presentation, appealing to both manufacturers and consumers. This trend is expected to continue as the food industry shifts away from plastic packaging in response to stricter regulations and consumer preferences.

Electronic Goods:

The electronic goods application segment is witnessing significant growth within the fiber-based packaging market as manufacturers look for effective solutions to protect sensitive electronic components during shipping and handling. Fiber-based packaging offers excellent cushioning and shock absorption properties, which are crucial for safeguarding delicate electronics from damage. As e-commerce continues to flourish, the demand for reliable and sustainable packaging solutions is increasing among electronic goods manufacturers. Moreover, the use of fiber-based materials aligns with the growing trend of sustainability in the tech industry, further driving the adoption of these packaging solutions.

Personal Care:

In the personal care segment, fiber-based packaging is gaining traction as brands strive to enhance their sustainability profiles. This includes packaging for cosmetics, toiletries, and other personal care products. Fiber-based materials such as cardboard and paperboard not only provide an eco-friendly alternative to plastic but also offer aesthetic appeal through unique designs and finishes. The growing consumer demand for natural and organic products is influencing personal care brands to adopt eco-friendly packaging solutions, leading to increased investment in fiber-based options. Additionally, the ability of fiber-based packaging to be printed with vibrant colors and striking designs enhances the branding potential for personal care products.

Healthcare:

The healthcare application segment presents a unique opportunity for fiber-based packaging, particularly in the packaging of medical devices and pharmaceuticals. The demand for sustainable and protective packaging solutions within the healthcare sector is on the rise, as organizations seek to minimize their environmental impact while ensuring product safety. Fiber-based packaging provides a reliable option for sterile packaging, with molded pulp and paperboard products often used for protective cases and wraps. Furthermore, as the healthcare industry moves towards more sustainable practices, the adoption of fiber-based materials is expected to grow, particularly for single-use packaging and shipping containers.

Others:

This category includes various other applications of fiber-based packaging beyond the major segments mentioned above. This encompasses packaging for industrial products, promotional materials, and more specialized uses that cater to niche markets. The versatility of fiber-based packaging allows it to adapt to different requirements, making it suitable for a wide range of products. As businesses seek innovative packaging solutions to meet specific customer needs or enhance their sustainability initiatives, the demand for customized fiber-based packaging in various sectors is expected to rise, thereby contributing to the overall market growth.

By Distribution Channel

Online Retail:

The online retail distribution channel is experiencing rapid growth and is significantly influencing the Fiber Based Packaging Market. With the surge in e-commerce activities, businesses are increasingly reliant on effective packaging solutions to ensure that products reach consumers in good condition. Fiber-based packaging is favored in this channel as it provides robust protection while being lightweight, which helps to minimize shipping costs. Moreover, consumers are becoming more environmentally conscious, prompting online retailers to adopt sustainable packaging options that reflect their corporate responsibility. As e-commerce continues to expand, the demand for fiber-based packaging solutions tailored for online sales will likely increase, driving growth in this segment.

Supermarkets/Hypermarkets:

Supermarkets and hypermarkets serve as a critical distribution channel for fiber-based packaging, especially in the food and beverage sector. These retail formats often stock a wide variety of products that require effective and appealing packaging solutions. Fiber-based packaging, such as paperboard cartons and corrugated boxes, is increasingly being used to enhance product visibility and ensure product safety on store shelves. The convenience and accessibility of supermarkets and hypermarkets make them key players in promoting sustainable packaging practices among consumers. As more retailers commit to environmentally friendly practices, fiber-based packaging is expected to gain a larger share of this distribution channel.

Convenience Stores:

Convenience stores represent another essential distribution channel for fiber-based packaging, particularly for ready-to-eat meals, snacks, and personal care products. Given the on-the-go lifestyle of many consumers, convenience stores require efficient packaging solutions that are not only functional but also aesthetically appealing. Fiber-based packaging is ideal for this segment, as it offers lightweight and easily transportable options that cater to the fast-paced nature of convenience shopping. Additionally, the growing consumer preference for sustainable packaging options is pushing convenience stores to adopt fiber-based solutions, further enhancing the overall market growth.

Others:

This category encompasses other distribution channels for fiber-based packaging, which may include specialty retailers, wholesalers, and direct-to-consumer sales. These channels often cater to niche markets that require specific packaging solutions tailored to their products. The diversity of applications and the increasing awareness of sustainability among consumers are driving demand for fiber-based packaging in these alternative distribution channels. As companies continue to innovate and create customized packaging options, the penetration of fiber-based solutions in various retail environments is expected to grow, contributing to the market's overall expansion.

By Raw Material Type

Recycled Fiber:

Recycled fiber is a crucial component of the Fiber Based Packaging Market, as it emphasizes sustainability and resource conservation. Utilizing recycled materials reduces the need for virgin resources, thereby minimizing environmental impact and promoting a circular economy. In recent years, there has been a significant push from government bodies and organizations advocating for the increased use of recycled materials in packaging. This has led to a growing supply chain centered around recycled fiber, helping manufacturers provide environmentally friendly options to consumers. Furthermore, advancements in recycling technology are enhancing the quality and availability of recycled fiber, making it a more viable option for a wider range of packaging applications.

Virgin Fiber:

Virgin fiber remains an important segment within the Fiber Based Packaging Market, as it is often associated with higher quality and performance in specific applications. Virgin fiber is sourced directly from trees and other plant materials, making it suitable for applications that demand superior strength and durability. While the market is increasingly shifting toward recycled fiber for sustainability reasons, virgin fiber still holds significant value, particularly in premium packaging solutions. Manufacturers often blend recycled and virgin fibers to achieve the desired properties for their packaging products, allowing for enhanced performance without compromising on sustainability. As consumer demand for high-quality packaging continues to grow, the role of virgin fiber in the market is expected to remain vital.

By Region

The North American region is a key player in the Fiber Based Packaging Market, holding a significant market share due to the presence of major packaging manufacturers and a robust e-commerce sector. The United States and Canada have shown increasing consumer preference for sustainable packaging solutions, prompting companies to innovate and adopt eco-friendly materials. The region is projected to grow at a CAGR of around 4% during the forecast period, driven by regulatory pressures and consumer demands for renewable packaging options. Additionally, advancements in technologies that enhance the efficiency and performance of fiber-based materials are expected to further contribute to market growth in North America.

In Europe, the Fiber Based Packaging Market is also witnessing substantial growth, primarily fueled by stringent regulations aimed at reducing plastic use and increasing recycling rates. Countries like Germany, the United Kingdom, and France are at the forefront of adopting sustainable packaging practices, leading to a shift toward fiber-based options. The European market is anticipated to grow at a CAGR of around 4.7% during the forecast period, as more companies commit to sustainability and consumers demand eco-friendly products. The increasing emphasis on circular economy principles and corporate responsibility among businesses is fostering innovation and investment in fiber-based packaging solutions across the region.

Opportunities

As the Fiber Based Packaging Market continues to expand, significant opportunities are arising for manufacturers and businesses to innovate and capture market share. One of the primary opportunities lies in the development of new, advanced fiber-based materials that can offer enhanced performance while remaining environmentally friendly. This includes the creation of biodegradable and compostable packaging solutions that align with evolving consumer preferences and regulatory requirements. Companies that invest in research and development to create innovative packaging technologies, such as intelligent packaging that can monitor freshness or temperature, may gain a competitive edge. Furthermore, as businesses increasingly focus on their corporate social responsibility initiatives, collaborating with sustainability-focused organizations can open doors to new partnerships and market segments.

Another opportunity within the Fiber Based Packaging Market is the rising trend of customization in packaging solutions. As brands strive to differentiate themselves in a crowded marketplace, the demand for tailored packaging that meets specific consumer needs is increasing. Manufacturers that can offer customizable designs, sizes, and functionalities will likely attract a broader customer base. Additionally, the growth of e-commerce and online retail presents an opportunity for specialized packaging solutions that ensure products are delivered safely and attractively. Emphasizing the aesthetic appeal of fiber-based packaging can enhance brand recognition and consumer loyalty, making it a valuable avenue for growth in the market.

Threats

While the Fiber Based Packaging Market presents numerous opportunities, it also faces several threats that could hinder its growth trajectory. One significant threat comes from the competitive landscape, with numerous companies vying for market share. Established packaging manufacturers and new entrants alike are constantly innovating and introducing new products, leading to price wars and increased competition. This dynamic can result in reduced profit margins for companies that cannot differentiate their offerings or innovate rapidly enough. Additionally, fluctuations in the availability and cost of raw materials, such as fiber, can impact production costs and overall market stability, posing a risk for manufacturers.

Another major threat to the Fiber Based Packaging Market is the ongoing challenge of consumer perception and awareness. While there is a growing demand for sustainable packaging, not all consumers are fully aware of the benefits of fiber-based options or may remain loyal to traditional plastic packaging due to convenience or familiarity. Overcoming this perception requires extensive marketing and educational efforts to communicate the advantages of fiber-based solutions effectively. Furthermore, as technology continues to evolve, there is a threat of substitution, where alternative materials or packaging innovations may emerge and gain traction, potentially displacing fiber-based solutions if they are perceived as more efficient or cost-effective.

Restrainer

One of the primary restrainers in the Fiber Based Packaging Market is the capital-intensive nature of production processes. Manufacturers looking to upgrade their facilities to produce high-quality fiber-based packaging must invest significantly in new technologies and machinery. This financial barrier can be especially challenging for small to medium-sized enterprises (SMEs) that may lack the necessary resources to compete with larger corporations. Additionally, the transition to sustainable packaging solutions often requires companies to reevaluate their supply chains and develop new partnerships, which can involve time-consuming and complex processes. Moreover, the reliance on external suppliers for raw materials, such as recycled fiber, can lead to supply chain disruptions, affecting production schedules and overall market efficiency. These factors collectively pose significant challenges to the growth and scalability of the fiber-based packaging industry.

Competitor Outlook

• International Paper Company
• Smurfit Kappa Group
• WestRock Company
• Sonoco Products Company
• DS Smith Plc
• Greif, Inc.
• Mondi Group
• Packaging Corporation of America
• RockTenn Company
• Paper and Packaging Corporation
• Sappi Limited
• Stora Enso Oyj
• Huhtamaki Oyj
• Amcor plc
• ProAmpac LLC

The competitive landscape of the Fiber Based Packaging Market is marked by the presence of several major companies that are continually striving to gain a competitive edge through innovation, sustainability initiatives, and strategic partnerships. Key players in the market include International Paper Company, known for its extensive range of fiber-based packaging solutions, including corrugated containers and paper bags. Their commitment to sustainability and responsible sourcing positions them well in a market that increasingly prioritizes eco-friendly solutions. Similarly, companies like WestRock and Smurfit Kappa Group are investing heavily in sustainable practices and technologies to meet the growing demand for recycled and biodegradable packaging materials.

Another notable player, Mondi Group, has established itself as a leader in the flexible packaging segment, leveraging its innovative capabilities to provide value-added packaging solutions tailored to specific customer needs. Their focus on developing lightweight and sustainable packaging options appeals to brands looking to reduce their environmental impact while maintaining product quality. In addition, companies like Amcor and Huhtamaki are also making significant strides in the market by focusing on advancing circular economy principles and enhancing the recyclability of their packaging products. These companies are actively engaging in collaborations with retailers and brands to promote the use of fiber-based materials, further solidifying their position in the competitive landscape.

As competition intensifies, these major players are not only investing in R&D but also exploring mergers and acquisitions to expand their market presence and capabilities. For instance, Greif, Inc. has made strategic acquisitions to strengthen its portfolio in fiber-based packaging, while also focusing on operational efficiencies to maintain cost-effectiveness. Similarly, Sappi Limited and Stora Enso Oyj are leveraging their expertise in pulp and paper manufacturing to innovate solutions that meet both consumer demands and regulatory requirements. This dynamic environment underscores the importance of adaptability and innovation in navigating the challenges and opportunities present in the Fiber Based Packaging Market.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 Amcor plc
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Greif, Inc.
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Mondi Group
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 DS Smith Plc
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 ProAmpac LLC
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Huhtamaki Oyj
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Sappi Limited
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Stora Enso Oyj
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 RockTenn Company
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 WestRock Company
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Smurfit Kappa Group
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Sonoco Products Company
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 International Paper Company
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Paper and Packaging Corporation
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Packaging Corporation of America
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Fiber Based Packaging Market, By Application
    • 6.1.1 Food & Beverage
    • 6.1.2 Electronic Goods
    • 6.1.3 Personal Care
    • 6.1.4 Healthcare
    • 6.1.5 Others
  • 6.2 Fiber Based Packaging Market, By Product Type
    • 6.2.1 Corrugated Boxes
    • 6.2.2 Paperboard Packaging
    • 6.2.3 Molded Pulp Packaging
    • 6.2.4 Flexible Packaging
    • 6.2.5 Others
  • 6.3 Fiber Based Packaging Market, By Raw Material Type
    • 6.3.1 Recycled Fiber
    • 6.3.2 Virgin Fiber
  • 6.4 Fiber Based Packaging Market, By Distribution Channel
    • 6.4.1 Online Retail
    • 6.4.2 Supermarkets/Hypermarkets
    • 6.4.3 Convenience Stores
    • 6.4.4 Others

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Fiber Based Packaging Market by Region
  • 10.6 Middle East & Africa - Market Analysis
    • 10.6.1 By Country
      • 10.6.1.1 Middle East
      • 10.6.1.2 Africa

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Fiber Based Packaging market is categorized based on

By Product Type

• Corrugated Boxes
• Paperboard Packaging
• Molded Pulp Packaging
• Flexible Packaging
• Others

By Application

• Food & Beverage
• Electronic Goods
• Personal Care
• Healthcare
• Others

By Distribution Channel

• Online Retail
• Supermarkets/Hypermarkets
• Convenience Stores
• Others

By Raw Material Type

• Recycled Fiber
• Virgin Fiber

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• International Paper Company
• Smurfit Kappa Group
• WestRock Company
• Sonoco Products Company
• DS Smith Plc
• Greif, Inc.
• Mondi Group
• Packaging Corporation of America
• RockTenn Company
• Paper and Packaging Corporation
• Sappi Limited
• Stora Enso Oyj
• Huhtamaki Oyj
• Amcor plc
• ProAmpac LLC