Press release
Kraft Paper Market Analysis: Packaging Solutions and Sustainable Practices | 2023-2029
Kraft Paper Market size was valued at US$ 18.16 Bn. in 2022, and it is expected to grow at CAGR of 3.4 % during the forecast period. It is expected to reach US$ 22.95 Bn. By 2029Kraft Paper Market Overview:
Maximize Market Research, a Kraft Paper business research firm has published a report on the "Kraft Paper Market". As per the "Kraft Paper report- Business Boosting Strategies, Revenue, Major Players and Future Outlook
Kraft Paper Market Report Scope and Research Methodology:
The report examines market opportunities by analyzing the present condition of the Kraft Paper Market, as well as mergers and acquisitions, R&D investments, technological advancements, creative industry strategies, and consumer behavior. Reports analyze the competitiveness of top players in the Kraft Paper market, providing company summaries, financial performance, product offerings, and strategic approaches. To understand how microeconomic factors affect the market, a thorough examination of strengths and weaknesses was conducted through a SWOT analysis and PESTLE analysis.
Kraft Paper Market Regional Insights:
Regional analysis requires gaining insight into the subtle intricacies of the Kraft Paper Market. The report offers a detailed analysis of factors influencing market size, growth rates, imports, and exports in each region. The section on regional analysis showcases the latest trends of the Kraft Paper Market in the countries included in the report.
For a thorough understanding of this study, refer to the following webpage: https://www.maximizemarketresearch.com/market-report/global-kraft-paper-market/54469/
Kraft Paper Market Segmentation:
by Grade
Unbleached
Bleached
Wrapping & Packaging
Others
In terms of grade, the Unbleached category held a 32% market share in 2022. It is very durable and of the brown unglazed grade. mostly employed in the manufacturing of large and medium-sized sacks. It is also used as a foundation for different packing, laminations, and coatings. The kraft paper market's segment growth is being propelled by these factors.
Throughout the projection period, the bleached segment is anticipated to grow at a CAGR of 4%. The natural Kraft pulp is treated with bleach and other chemicals to make it whiter and purer. The paper gets stronger through this process than it does with regular brown Kraft paper. White-bleached Kraft paper is widely used in wrapping and packaging because of its increased strength.
by Packaging Form
Corrugated Boxes
Grocery Bags
Industrial Bags
Others
In terms of packaging form, corrugated boxes held a 36.4% market share in 2022. They facilitate handling while also shielding shipping items from damage. Because they are recyclable and reusable, this segment helps to reduce 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 pharmaceuticals. The market segment is expanding as a result of these factors.
During the forecast period, industrial bags are anticipated to grow at a CAGR of 2.9%. The need for an industrial sack has increased due to the construction industry's surge in demand, particularly in developing nations.
by Application
Foods & Beverage
Pharmaceuticals
Building and Construction
Cosmetics & Personal Care
Others
With a 35.6% market share by application in 2022, the Foods and Beverage segment led the market. the increased usage of kraft paper in the baking industry for ingredients and products, dairy and cheese, crisps, nuts and snacks, confections, coffee, dehydrated and dried food, chilled and fresh food, frozen food, and ice cream. The market segment is expanding as a result of these factors.
Over the course of the forecast period, the building and construction segment is anticipated to grow at a CAGR of 5.4%. Kraft packaging has advantages in that it is resistant to chemicals, water, and temperature. These packages are becoming more popular in the building sector because they are lightweight and can be molded into different shapes.
Excited to dive in? Request your sample copy of the report to uncover its contents: https://www.maximizemarketresearch.com/request-sample/54469
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
Kraft Paper Market Key Players:
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
Looking to gain insights into market trends? Explore the summary of the research report: https://www.maximizemarketresearch.com/request-sample/54469
Key questions answered in the Kraft Paper Market are:
What is Kraft Paper Market?
What was the Kraft Paper market size in 2022?
What is the growth rate of the Kraft Paper Market?
Which are the factors expected to drive the Kraft Paper market growth?
What are the different segments of the Kraft Paper Market?
What growth approaches are the players considering to increase their presence in Kraft Paper?
What are the future industry applications and trends for the Kraft Paper Market?
What recent industry trends can be implemented to generate additional revenue streams for the Kraft Paper Market?
What segments are covered in the Kraft Paper Market?
Who are the top companies and what are their portfolios in Kraft Paper Market?
What segments are covered in the Kraft Paper Market?
Who are the key players in the Kraft Paper market?
Key Offerings:
Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations
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Contact Maximize Market Research:
3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, IndiaC
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656
About Maximize Market Research:
Maximize Market Research is a multifaceted consulting company with professionals from several industries. Some industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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