Kraft Paper Market size was valued at US$ 18.88 Bn. in 2023, and it is expected to grow at CAGR of 3.4 % during the forecast period. It is expected to reach US$ 23.85 Bn. By 2030.
Learn about the Kraft Paper Market growth and developments.
Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the Kraft Paper Market. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Kraft Paper market, with forecasts outspreading to the year 2030.
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Discover how we define the Kraft Paper Market scope and research approach.
The Kraft Paper market research provides comprehensive information on significant aspects, including those that are expected to drive the industry’s growth and upcoming challenges. The competitive environment of the industry, the products marketed by well-known companies, and the investment potential in the Kraft Paper market will all be thoroughly understood by stakeholders. The study covers both the qualitative and quantitative components of the sector. A comprehensive examination of the competition for the Kraft Paper Market is included in the scope of the MMR report.
The report offers a number of new requirements, each with a thorough justification. The Kraft Paper Market was created by consulting both primary and secondary sources of information, including government documents, websites, annual reports, and the opinions of other professionals and academics.
Uncover the regional opportunities and challenges in the Kraft Paper Market.
This study includes a comprehensive analysis of all pertinent data, including market size, growth rate, and import and export by region. The research’s geographic analysis makes it possible to comprehend the Kraft Paper market situations in various nations. The Kraft Paper market is made up of the markets in North America, Europe, Asia Pacific, Latin America, Africa, and the Middle East.
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Kraft Paper Market segmentation :
by Grade
Unbleached
Bleached
Wrapping & Packaging
Others
In 2023, the Unbleached segment held a 32% market share, dominating the industry. It is incredibly sturdy and of brown unglazed quality. mostly employed in the manufacturing of bags that are medium and large in size. Additionally, it serves as a foundation for various coatings, laminations, and packaging. The kraft paper market's segment expansion is being driven by these factors.Over the course of the projection period, the bleached sector is anticipated to rise at a CAGR of 4%. To whiten and cleanse the natural Kraft pulp, it is treated with bleach and other chemicals. The paper is stronger than conventional brown Kraft paper as a result of this technique. White-bleached Kraft paper is widely used in packing and wrapping because of its increased strength.
by Packaging Form
Corrugated Boxes
Grocery Bags
Industrial Bags
Others
In 2023, corrugated boxes held a 36.4% market share, dominating the industry. They make shipping products easier to handle in addition to protecting them from damage. Because they are recyclable and reusable, this sector lessens packing waste. Corrugated boxes are in high demand in the following industries: food and beverage, building and construction, clothing, freight forwarding, logistics, cosmetics and personal care, and medications. These elements are propelling the market segment's expansion.
by Application
Foods & Beverage
Pharmaceuticals
Building and Construction
Cosmetics & Personal Care
Others
In 2023, the Foods and Beverage category held a 35.6% market share, dominating the industry. Kraft paper is increasingly being used for bakery goods and ingredients, cheese and dairy products, coffee, crisps, nibbles, and nuts, ice cream, coffee, dehydrated and dried food, fresh and chilled food, fresh fruit, and vegetables, and frozen food. These elements are propelling the market segment's expansion.
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Learn about the top players driving innovation in the Kraft Paper Market :
1. MONDI
2. Ahlstrom-Munksj
3. CMPC
4. Daio Paper Corporation
5. Glatfelter
6. International Paper
7. ITC Limited
8. Nippon Paper Group
9. Sappi Limited
10. Segezha Group
11. Smurfit Kappa
12. Stora Enso
13. WestRock Company,
14. Kapstone Paper & Packaging
15. Canfor Corporation
16. Georgia Pacific LLC.
17. Billerudkorsnas AB
18. Natron Hayat d.o.o
19. Tokushu Tokai Paper Co., Ltd.
20. Nordic Paper
21. Oji Holdings Corporation
22. Gascogne
23. SCG PACKAGING
24. Canadian Kraft Paper Ltd.
25. Forest Company
Table of Content: Kraft Paper Market
Part 01: Executive Summary
Part 02: Scope of the Kraft Paper Market Report
Part 03: Global Kraft Paper Market Landscape
Part 04: Global Kraft Paper Market Sizing
Part 05: Global Kraft Paper Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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