Waterproof Packaging Market Size and Companies Insights
The global waterproof packaging market is estimated to reach USD 105.27 billion by 2034, up from USD 65.43 billion in 2023, at a compound annual growth rate (CAGR) of 4.54% from 2024 to 2034.
Recent Developments by Key Market Players
- In November 2023, JBM Packaging introduced Hydroblox, a waterproof, environmentally friendly packaging paper. Its resistance to water is an incredible 200% more than that of regular 24-pound white wove paper. Hydroblox is approved by the FDA for use with food products, but its uses are not limited to perishable goods; it may also be found in camping gear, outdoor gear, personal care products, cosmetics, art supplies, and even pet supplies.
- In May 2022, Smurfit Kappa created a novel and eco-friendly water-resistant paper. Smurfit Kappa's new TechniPaper portfolio comprises AquaStop, along with a variety of high-performance sheets made to manage even the most intricate supply chains. During the manufacturing process, a unique coating is applied to the AquaStop paper, making it resistant to water. This coating, in contrast to many others, does not affect the product's ability to be recycled; it may be recycled just like regular paper-based packaging.
Waterproof Packaging Market Players
Here are the key players in the waterproof packaging market:
- Amcor plc
- Mondi Group
- Sealed Air Corporation
- Sonoco Products Company
- Berry Global Inc.
- Smurfit Kappa Group
- Huhtamaki Oyj
- WestRock Company
- JBM Packaging
- Tetra Pak International S.A.
- DS Smith Plc
- Clondalkin Group
- AptarGroup, Inc.
- Uflex Ltd.
- International Paper Company
- Coveris Holdings S.A.
