Unbleached Softwood Kraft Pulp Market Growing with the Increase in Demand for Sustainable Packaging

Introduction

The global unbleached softwood kraft pulp market is expanding rapidly with the increase in demand for sustainable packaging solutions across the world. Unbleached softwood kraft pulp contains wood rasin which helps in achieving moderate water resistance which is very crucial in the manufacturing of various products such as tissue papers, packaging, baby diapers, adult incontinence products, and others. As a result, the global market is witnessing impressive growth which is expected to rise further in the coming years.

Factors ranging from the increase in restructuring of production units from existing production bases to the use unbleached softwood kraft pulp across diverse industries such as electromechanical products manufacturers, filters manufacturers, and others are further catalyzing the market growth.

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Increasing environmental concerns are encouraging more people to incline towards green packaging solutions for which unbleached softwood kraft pulp are highly required materials. As a result, the global market is experiencing further surge in its products demand.

According to Future Market Insights (FMI), the global unbleached softwood kraft pulp market is anticipated to rise at a CAGR of 4.6% during the forecast period from the year 2020 to 2030.

“Increasing demand for sustainable raw materials for diverse applications such as printing, writing, packaging, and others are steering the unbleached softwood kraft pulp market growth. Considering this, surging environmental concerns will bode well for the market, enabling sales in the coming years,” says an FMI analyst.

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COVID-19 Impact Analysis

Due to the outbreak of COVID-19 pandemic in the current year, the global market growth has declined due to the decrease in unbleached softwood kraft pulp products demand. The restraining factors such as non-operational manufacturing units, scarcity of raw materials, unavailability of enough manpower, financial crisis, job recession, and others have further decreased the market growth in the year 2020.

According to FMI, the global unbleached softwood kraft pulp market is anticipated to gain back its full potential by the first quarter of 2021.

Who is Winning

In order to leverage the unbleached softwood kraft pulp market potential, the key market players are investing heavily with emphasis on launching quality products to target diverse end users.

For instance, Domtar Corporation has announced mill conversion in partnership with Kingsport in November, 2020 in order to produce more quality unbleached softwood kraft pulp. They have also released their LIGHTHOUSE® FLUFF PULP and PAPERGRADE PULP in year 2020 which are used worldwide for manufacturing various products such as baby diapers, adult incontinence products, feminine hygiene products, printing and writing products, tissues, towels, packaging grades, and others.

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Canfor Corporation has launched their advanced ranges of Kodiak Kraft and polar kraft in the current year, which are manufactured from forest resource and popular for their high strength, efficiency, and fine northern fibers. Canfor Corporation has also been named a BC Top employer for the 7th year in 2019.

According to FMI, as the global market is growing fast by both its value and volume, the key market players are expected to experience tough competition in the coming years.

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Is this research conducted by Future Market Insights?
Yes, the research has been conducted by expert analysts of Future Market Insights through a combination of primary research and secondary research. To know more about how the research was conducted, you can speak to research analyst

What research methodology is followed by FMI?
FMI follows a methodology that encompasses demand side assessment of the market, and triangulates the same through supply side analysis. This methodology is based on use of standard market structure, methods and definitions. Request detailed methodology

Who are the respondents for primary research?
FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. For a full list of primary respondents, please reach out to us.

More Valuable Insights on Unbleached Softwood Kraft Pulp Market

In the latest report by Future Market Insights, we offer a detailed unbiased analysis of the global unbleached softwood kraft pulp market, providing historical data for the period of 2015-2019 and forecast statistics for the period of 2020-2030. In order to understand the global market potential, its growth and scopes, the market is segmented on the basis of product type (northern, southern, others), grade (chemical pulp, mechanical pulp, other pulp)

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