The global kraft paper market is expected to be valued at USD 22.38 Billion by 2028 from USD 17 Billion in 2020, and register a CAGR of 3.5% over the forecast period. Growth of the market is majorly attributable to rising demand for sustainable and recyclable materials for packaging from various end-use industries. Kraft paper is manufactured from wood pulp through pulverizing process and blending with strong wood filament. However, high cost of kraft paper coupled with rising awareness regarding deforestation and resulting environmental impact of paper manufacturing are some key factors restraining growth of the market to some extent currently.
Increasing demand for recycled paper bags and kraft paper over polyethylene for carrying and packaging products at supermarkets and malls such as food products is expected to open up a range of lucrative opportunities for growth of companies operating in the market. In addition, rising preference for materials that are compliant with green regulations suggested by FDA is boosting demand for kraft paper and the trend is expected to continue over the forecast period.
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Major Players evaluated in the Report:
Mondi, Segezha Group, Klabin, Billerudkorsnas, Stora Enso, Daio Paper Construction, Nordic Paper, Glatfelter, and Gascogne Papier.
For the purpose of this report, Reports and Data has segmented the global kraft paper market on the basis of grade, packaging form, application, and region:
By Grade Outlook (Revenue, USD Billion; 2018-2028)
- Unbleached
- Bleached
- Wrapping & Packaging
- Sack Kraft Paper
- Others (Vegetable Parchment, Greaseproof, and Glassine)
By Packaging form Outlook (Revenue, USD Billion; 2018-2028)
- Corrugated Boxes
- Grocery Bags
- Industrial Bags
- Wraps
- Pouches
- Envelopes
By Application Outlook (Revenue, USD Billion; 2018-2028)
- Foods & Beverage
- Pharmaceuticals
- Building and Construction
- Cosmetics & Personal Care
- Others
Market Analysis based on Key Geographical Regions:
The report covers key regions such as North America, Latin America, Europe, Asia-Pacific, and Middle East & Africa. The report covers the production, growth, sales, demands, and consumption patterns, and forecast detail.
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Key Benefits of the Report:
- Clear understanding of the Kraft Paper market and its operations
- Industrial chain analysis along with the current and future market trends and opportunities
- Current market scenario and forecast estimation up to 2027 to understand the full growth potential of the Kraft Paper industry
- In-depth analysis of the factors influencing the growth of the market
- Strategic marketing recommendations, key information for market entrants, and expansion plans of other businesses to offer a competitive edge to the reader
- Extensive profiling of key competitors along with their business structures, strategies, and business expansion plans.
The report provides a comprehensive analysis of competitive landscape along with detailed analysis of the mergers, acquisitions, joint ventures, partnerships, collaborations, and other strategic alliances. It also provides an extensive analysis of the latest product developments, technological advancement, and advancements research and developments in the global Kraft Paper industry. The study offers forecast estimations up to 2027.
Focal Points of the Report:
- Market Coverage:This section of the report gives a detailed account of the key manufacturers, market segments, product scope, product range, forecast period, and application landscape.
- Executive Summary:This chapter focuses on the market growth rate, significant market drivers and restraints, current market trends, and competitive outlook.
- Regional Analysis: This section delves into the latest import and export trends of the market, production and consumption ratio, the leading market players in each region, and revenue generation.
- Manufacturers’ Portfolio: Complete portfolios of all the local and global manufacturers, along with the SWOT analysis, production value and capacity, product catalogue, and other important details of their businesses, constitute this section of the report.
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