Press release
Kraft Block Bottom Pouch Market Is Likely to Record an Average CAGR of 4% During The Forecast Period
The kraft block bottom pouch market is projected to reach valuation of US$ 18 Bn in 2022, likely to surge at a vigorous 4% CAGR From 2022 -2032.Survey Conducted by Future Market Insights (FMI), a Leading Market Research and Competitive Intelligence Provider Offers Insights into Vital Dynamics Facilitating the Growth in the Global Kraft Block Bottom Pouch Market over the Assessment Period 2022-2032.
A detailed study on kraft block bottom pouch market by FMI provides riveting insights into key dynamics, such as drivers and opportunities, facilitating the growth in the market. It uncovers challenges posing threats and highlights prospects for growth in the near future.
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As per the comprehensive analysis conducted by ESOMAR-certified consulting firm, FMI, the global kraft block bottom pouch market is expected to grow at a healthy CAGR during the forecast period (2022-2032). The objective of the study is to analyze key market dynamics and uncover critical trends & opportunities that will elevate the sales kraft block bottom pouch in the coming 10-years.
Sales of kraft block bottom pouch have risen due to the compact design of the kraft block bottom pouch, thereby making it efficiently possible to be placed on the shelf.
Increased tolerance for plastic use in packaging is also projected to contribute to the growth of the kraft block bottom pouch market share.
Key Kraft Block Bottom Pouch Market Takeaways and Projections
The U.S. is expected to lead the North america kraft block bottom pouch market, projecting the fastest growth in the region between 2022 and 2032.
Germany and the U.K. are expected to, collectively, hold the largest share in the Europe market over the assessment period.
China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
India is expected to emerge as a highly remunerative market in South Asia, contributing the significant revenue share in the region through 2032.
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Competitive Landscape Analysis
The market survey conducted by FMI offers key trends and challenges in the packaging industry and its consequent impact of kraft block bottom pouch market. The survey provides a thorough market share analysis to offer an in-depth analysis of prevailing competition.
It also provides a list of leading players and recent development in the global kraft block bottom pouch market. Some of the prominent market players are Mondi USA, Inc., PBFY Flexible Packaging, Paper Bag Co., Swiss Pac USA, TricorBraun Inc., International Plastics, Inc., BagInCo International, BillerudKorsnäs AB, H-PACK Packaging UK Ltd., Mohit Paper Packaging Industry.
Key Segments
By Kraft Paper:
White Kraft Paper
Brown Kraft Paper
Black Kraft Paper
By Capacity:
Up to 2 Oz
2-4 Oz
5-10 Oz
Above 10 Oz
By End Use:
Retail
Pharmaceuticals
Agriculture & Allied Industries
Building & Construction
Beverages
Foodservice
Chemicals and Fertilizers
Others
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About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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