Press release
Kraft Paper Market Growth Prospects to 2027 – TOP Vendors are Canfor Corporation, GASCOGNE GROUP, Glatfelter, International Paper, Mondi, Nippon Paper Industries
The kraft paper, produced from the chemical pulp in the kraft process, is used in many commercial and industrial applications. It has high mechanical strength and is widely employed for reusable eco-designed packaging. Recyclability feature of kraft paper and its mechanical properties are augmenting its use across various industry verticals such as food & beverages, automotive, and building & construction. Rapid urbanization and growth in construction activities in the Asia Pacific create a favorable landscape for the major manufacturers of the kraft paper market during the forecast period.The report analysis the leading players of the Global Kraft Paper Market by inspecting their market share, recent developments, new product launches, partnerships, mergers, or acquisitions, and their target markets. This report also includes an exhaustive analysis of their product profiles to explore the products and applications their operations are concentrated on in the global Kraft Paper Market. Additionally, the report gives two distinct market forecasts, one from the perspective of the producer and another from that of the consumer. It also offers valuable recommendations for new as well as established players of the global Kraft Paper Market.
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The kraft paper market is expected to soar in the forecast period owing to driving factors such as changes in packaging norms coupled with the evolution of the packaging industry. Besides, technological advancements in the building and construction materials are further expected to promote the growth of the kraft paper market. However, lack of government initiatives in underdeveloped nations may hamper the growth of the kraft paper market during the forecast period. On the other hand, e-commerce and retail sectors are likely to create lucrative opportunities for the key players of the kraft paper market in the coming years.
Leading Key Market Players Mentioned in the Report:- Canfor Corporation, GASCOGNE GROUP, Glatfelter, International Paper, Mondi, Nippon Paper Industries Co., Sappi Limited, Smurfit Kappa Group, Stora Enso Oyj, WestRock Company.
An off-the-shelf report on Kraft Paper Market which has been compiled after an in-depth analysis of the market trends prevailing across five geographies (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). Various segments of the market such as type/components/ application/industry verticals/ end-users are analyzed with robust research methodology which includes three step process starting with extensive secondary research to gather data from company profiles, global/regional associations, trade journals, technical white papers, paid databases etc. followed by primary research (interviews) with industry experts/KOLs to gain their insights and views on current scenarios and future scope of the market as well as validating the secondary information, further internal statistical model is used to estimate the market size and forecasts till 2027.
The global kraft paper market is segmented on the basis of grade and application. Based on grade, the market is segmented as wrapping & packaging, sack kraft paper, bleached, unbleached, and others. On the basis of the application, the market is segmented as food & beverage, building & construction, pharmaceuticals, cosmetics and personal care, and others.
The report also provides the market size and estimates a forecast from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America providing an exhaustive PEST analysis for all five regions after gauging the political, economic, social and technological factors effecting the Kraft Paper Market.
The report also analyzes the factors affecting Kraft Paper Market from both demand and supply side and further evaluates market dynamics i.e., drivers, restraints, opportunities, and future trend, effecting the market during the forecast period.
Answers that the report acknowledges:
• Market size and growth rate during forecast period.
• Key factors driving the Kraft Paper Market.
• Key market trends cracking up the growth of the Kraft Paper Market.
• Challenges to market growth.
• Key vendors of Kraft Paper Market.
• Detailed SWOT analysis.
• Opportunities and threats faces by the existing vendors in Global Kraft Paper Market.
• Trending factors influencing the market in the geographical regions.
• Strategic initiatives focusing the leading vendors.
• PEST analysis of the market in the five major regions.
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