A fresh market intelligence study by Transparency Market Research (TMR) finds the global fiber based packaging market is marked by intense competition and fragmentation due to the presence of several players of varying sizes. Keen players in the market are pouring money into research and development for the introduction of innovative products in order to serve a large customer base. They are also resorting to mergers and acquisitions to expand their footprint, thereby enhancing their product portfolio. Prominent participants in the global fiber based packaging market include International Paper Company, DS Smith plc, Huhtamaki Oyj, Smurfit Kappa Group plc., Sonoco Products Company, WestRock Company, Georgia-Pacific LLC, Pratt Industies Inc., Reynolds Group Holdings Ltd., U.S. Corrugated Inc., UFP Technologies Inc., ESCO Technologies Inc. Ltd., Brodrene Hartmann A/S, KapStone Paper and Packaging, Mayr-Melnhof Karton AG, Rengo Co. Ltd., Mondi Group, Stora...