The global next-generation paper-based and fiber-based packaging market is poised for robust expansion over the next decade, driven by shifting consumer preferences, sustainability mandates, and rapid innovation in eco-friendly packaging materials. Valued at approximately USD 363.15 billion in 2024, the market is forecasted to grow steadily from USD 374.96 billion in 2025 to an impressive USD 503.60 billion by 2034, representing a compound annual growth rate (CAGR) of 3.3%.
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