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Stock impact report

Fiber-based Packaging Market to Reach $537.41 Billion, by 2033 at 3.5% CAGR: Says The Brainy Insights [Yahoo! Finance]

International Paper Company (IP) 
Last international paper company earnings: 4/30 07:00 am Check Earnings Report
US:NYSE Investor Relations: internationalpaper.com/performance
Company Research Source: Yahoo! Finance
The market ought to witness a positive growth rate owing to increasing focus towards sustainability. Newark, April 18, 2024 (GLOBE NEWSWIRE) -- The Brainy Insights estimates that the global fiber-based packaging market will grow from USD 380.98 Billion in 2023 to USD 537.41 Billion by 2033. The fundamental principle of fiber-based packaging is sustainability, which directs innovation and refines industry practices to create eco-friendly possibilities. The central idea of the circular economy serves as a framework that highlights reducing waste and optimizing resource efficiency through all phases of packaging development. Manufacturers use recycled fibres to fulfil consumer requirements for environmentally conscious products and embrace biodegradable materials while limiting their environmental consequences. Moreover, technological advancements persistently shape the fiber-based packaging industry by promoting improved efficacy and eco-friendliness. Revolutionary breakthroughs like Show less Read more
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