The global eco-friendly packaging market is estimated to grow from USD 222.61 billion in 2022 at 7.6% CAGR (2023-2032) to reach an estimated USD 498.29 billion by 2034.
The global eco-friendly packaging top companies are Mondi (U.K.), Segezha group (Russia), Klabin SA (Brazil), Billerudkorsnas (Sweden), Stora Enso (Finland), Daio Paper construction (Japan), Nordic Paper (Sweden), Glatfelter (U.S.), Gascogne Papier (Austria), Glatfelter, Corporation (U.S.), Tokushu Tokai Paper Co., Ltd. (Japan), Goodwin Robbins Packaging Company Inc. (U.S.),Oji Holdings Corporation (Japan), CTI Paper USA (U.S.),Canfor (Canada), Genus Paper and Boards Limited (India), Georgia-Pacific (U.S.), Canadian Paper packaging Ltd.(Canada), Fujian Qingshan Paper Co., Ltd. (China), Smurfit Kappa(US), WestRock Company (Ireland), SCG PACKAGING (Thailand), International Paper (U.S.)

| Metric | Q4 23 | Q1 24 | Q2 24 | Q3 24 | Q4 24 | Q1 25 | Q2 25 | Q3 25 | TTM |
| Total revenue | 2.86 B | 2.79 B | 3.05 B | 3.08 B | 2.89 B | 2.89 B | 3.14 B | 3.20 B | 12.13 B |
| YoY growth | −4.99% | −6.32% | −1.58% | 0.62% | 1.19% | 3.66% | 2.91% | 3.96% | — |
| Cost of goods sold | −2.36 B | −2.35 B | −2.50 B | −2.50 B | −2.36 B | −2.38 B | −2.55 B | −2.59 B | −9.87 B |
| Gross profit | 498.00 M | 434.00 M | 552.00 M | 583.00 M | 534.00 M | 514.00 M | 596.00 M | 617.00 M | 2.26 B |
| YoY growth | 25.76% | −2.47% | 4.74% | 10.42% | 7.23% | 18.43% | 7.97% | 5.83% | — |
| Operating expenses (excl. COGS) | −145.00 M | −154.00 M | −150.00 M | −146.00 M | −147.00 M | −152.00 M | −161.00 M | −155.00 M | −615.00 M |
| Operating income | 353.00 M | 280.00 M | 402.00 M | 437.00 M | 387.00 M | 362.00 M | 435.00 M | 462.00 M | 1.65 B |
| YoY growth | 36.29% | −1.75% | 6.07% | 9.52% | 9.63% | 29.29% | 8.21% | 5.72% | — |
| Non-operating income (total) | −210.00 M | −146.00 M | −137.00 M | −614.00 M | 134.00 M | −90.00 M | −142.00 M | −140.00 M | −238.00 M |
| Pretax income | 143.00 M | 134.00 M | 265.00 M | −177.00 M | 521.00 M | 272.00 M | 293.00 M | 322.00 M | 1.41 B |
| YoY growth | −0.69% | −16.77% | 10.88% | −170.24% | 264.34% | 102.99% | 10.57% | — | — |
| Equity in earnings | −6.00 M | −1.00 M | −4.00 M | 6.00 M | −1.00 M | 1.00 M | 1.00 M | 1.00 M | 2.00 M |
| Taxes | −59.00 M | −40.00 M | −54.00 M | 39.00 M | −128.00 M | −46.00 M | −78.00 M | −84.00 M | −336.00 M |
| Non-controlling/minority interest | −46.00 M | −26.00 M | −33.00 M | −43.00 M | −34.00 M | −34.00 M | −35.00 M | −25.00 M | −128.00 M |
| After tax other income/expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Net income before discontinued operations | 32.00 M | 67.00 M | 174.00 M | −175.00 M | 358.00 M | 193.00 M | 181.00 M | 214.00 M | 946.00 M |
| Discontinued operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Net income | 32.00 M | 67.00 M | 174.00 M | −175.00 M | 358.00 M | 193.00 M | 181.00 M | 214.00 M | 946.00 M |
| YoY growth | −64.04% | −34.31% | 10.83% | −210.06% | 1018.75% | 188.06% | 4.02% | — | — |
| Dilution adjustment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Preferred dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Diluted net income available to common stockholders | 32.00 M | 67.00 M | 174.00 M | −175.00 M | 358.00 M | 193.00 M | 181.00 M | 214.00 M | 946.00 M |
| Basic earnings per share (basic EPS) | 0.27 | 0.56 | 1.45 | −1.47 | 3.03 | 1.65 | 1.57 | 1.86 | 8.11 |
| YoY growth | −64.15% | −34.53% | 10.64% | −210.25% | 1030.06% | 195.22% | 7.90% | — | — |
| Diluted earnings per share (diluted EPS) | 0.27 | 0.56 | 1.45 | −1.47 | 3.02 | 1.65 | 1.56 | 1.85 | 8.08 |
| YoY growth | −64.12% | −34.42% | 10.64% | −210.43% | 1029.72% | 194.94% | 7.61% | — | — |
| Average basic shares outstanding | 119.51 M | 119.60 M | 119.60 M | 119.30 M | 118.30 M | 116.70 M | 115.30 M | 115.20 M | — |
| Diluted shares outstanding | 119.74 M | 119.80 M | 119.80 M | 119.30 M | 118.60 M | 117.00 M | 115.80 M | 115.70 M | — |
| EBITDA | 480.00 M | 395.00 M | 517.00 M | 551.00 M | 491.00 M | 472.00 M | 549.00 M | 578.00 M | 2.09 B |
| YoY growth | 28.69% | −3.19% | 2.58% | 5.35% | 2.29% | 19.49% | 6.19% | 4.90% | — |
| EBIT | 353.00 M | 280.00 M | 402.00 M | 437.00 M | 387.00 M | 362.00 M | 435.00 M | 462.00 M | 1.65 B |
| YoY growth | 36.29% | −1.75% | 6.07% | 9.52% | 9.63% | 29.29% | 8.21% | 5.72% | — |
| Total operating expenses | −2.51 B | −2.51 B | −2.65 B | −2.65 B | −2.51 B | −2.53 B | −2.71 B | −2.74 B | −10.48 B |
| Company Name | Revenue (USD) | Profit (USD) | EBITDA (USD) | Net Profit | Segment Revenue | Total Assets (USD) | Operating Profit | EBITDA Margin (%) | YoY Revenue Growth | YoY Profit Growth | Operating Margin (%) |
| PetroVietnam Packaging Joint Stock Co. (PBP) | 2.35M | 377.38K | 253.95K | -251.2K | 14.44M | 5.56M | 2.78M | 9.04% | -11.98% | 29.29% | 21.78% |
| My Chau Printing & Packaging Corp. (MCP) | 21.29M | -50.29K | 1.17M | -2.56M | 18.2M | 14.5M | 10.47M | -78.91% | -37.81% | -17.27% | -0.44% |
| Vicem Packaging But Son JSC (BBS) | 3.01M | 586.97K | 241.39K | 1.07M | 13.86M | 4.74M | 11.44M | -21.84% | -3.75% | 33.17% | -15.81% |
| Bien Hoa Packaging Co. (SVI) | 22.63M | 2.04M | 2.96M | 720.29K | 58.73M | 54.72M | 34.12M | -28.99% | -9.79% | 2.14% | 10.56% |
| Thai Packaging & Printing Public Co. Ltd. (TPP) | 12.59M | 1.33M | 686.51K | 721.69K | 7.1M | 32.93M | 28.62M | 38.05% | 17.06% | 13.53% | 3.96% |
| SCG Packaging Public Co. Ltd. (SCGP) | 2.3B | 177.89M | 107.57M | 186.51M | 3.93B | 5.48B | 2.78B | -11.30% | -10.53% | -5.99% | -5.03% |
| Longchen Paper & Packaging Co. Ltd. (1909) | 413.06M | -13.74M | -11.38M | 26.18M | 1.46B | 2.19B | 660.29M | -42.86% | -25.06% | -2.97% | -2.28% |
| Jiyuan Packaging Holdings Ltd. (8488) | 23.93M | -2.87M | -870.86K | 4.03M | 101.22M | 154.04M | 74.56M | -23.56% | -32.05% | -12.33% | -5.48% |
| Xu Yuan Packaging Technology Co. Ltd. (8421) | 22M | -589.58K | 24.85K | -553.44K | 37.19M | 60.74M | 23.25M | — | -4.39% | -473.00% | 4.08% |
| Tailim Packaging Co., Ltd. (011280) | 83.03M | -12.1M | -14.9M | -18.16M | 481.45M | 518.92M | 240.65M | -57.06% | -23.67% | 5.84% | 14.93% |
If you have any questions, please feel free to contact us at sales@towardspackaging.com | +1 804 441 9344