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Kraft Paper Market Opportunities 2024-2033 - Size, Share, Growth Analysis, Outlook, Overview
Kraft Paper Market
As per the report, the kraft paper market size has grown steadily in recent years. It will grow from $17.06 billion in 2023 to $17.88 billion in 2024 at a compound annual growth rate (CAGR) of 4.8%. The kraft paper market size is expected to see steady growth in the next few years. It will grow to $21.29 billion in 2028 at a compound annual growth rate (CAGR) of 4.5%.
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Rising Packaging Industry Fuels Growth In Kraft Paper Market
The rapidly expanding packaging business is driving the kraft paper market. Kraft Paper is used in industrial and commercial packaging operations such as packing, wrapping individual items, bundling and void fill because of its strength and durability. For instance, according to a report by Packaging Digest, in 2021, packaging was a trillion-dollar industry with industrial packaging, food packaging and beverage packaging contributing to maximum sales. Therefore, the rapid expansion of the packaging business will propel the kraft paper market.
Advancing Sustainable Solutions In Kraft Paper Packaging
Product Innovation is a key trend gaining popularity in kraft paper. Companies operating in the kraft paper market are introducing innovative specialty products with better durability and application. For instance, in 2022, Pregis, a US-based paper-based packaging material manufacturing company, expanded the EasyPack portfolio of its paper-based packaging solutions with the introduction of GroTerra. GroTerra is a sustainable, expandable paper product that provides light cushioning and interleaving protection.
The kraft paper market covered in this report is segmented -
1) By Type: Virgin Natural Kraft Paper, Natural Recycled Kraft Paper, Black Kraft Paper, Colored Kraft Paper, White or Bleached Kraft Paper, Printed Kraft Paper
2) By Packaging Form: Corrugated Boxes, Grocery Boxes, Industrial Bags, Wraps, Pouches, Envelopes
3) By Grade: Unbleached, Bleached
4) By End User: Food And Beverages, Building And Construction, Electronics And Electricals, Cosmetic And Personal Care, Textile Manufacturing, Other End Users
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Major companies operating in the kraft paper market report are Mondi Group, Stora Enso, WestRock, Smurfit Kappa, Klabin S.A,Nine Dragons Paper Holdings, Billerud AB, Heinzel Group, Segezha Group, International Paper, JB Craft Paper LLP, BN Papers, Blue Mount Paper and Boards Limited, Shree Krishna Paper Mills and Industries Ltd, Millenium Overseas, Prima Papers LLP, Diyan Papers LLP, Shri Brahma Paper Mill Pvt, Kamishigen Co., Ltd, Arrowfield Co., Ltd, TF Group, Zhengzhou SF Paper Factory, Linqu Hengsen Packaging Materials Co., Ltd, Chengdu Qingya Paper Industries Co., Ltd, Golden Paper Co., Limited, Rise Star Holdings Limited, Hebei Feiyue Industry Co.,Ltd, Qiongdao Sanshi Paper Co., Ltd, Pg Paper Co., Ltd, Comet Packaging, Expack Uk, Somic Textiles Ltd, Varad Papers Pvt Ltd, Sunflower Packaging Co., Ltd, Skybridge Albion Ltd, Richmond Papers Ltd, Ecopacksnab, Chestnyi Chek LLC, Ilim Group, Veiro Pro, Meltic Ltd., Papertec, Inc, Deluxe Packaging, Steelson Packaging, KapStone Paper and Packaging Corporation, Georgia-Pacific LLC, Packaging Corporation of America (PCA), Domtar Corporation, Hood Packaging Corporation, Norampac Inc, Klingele Paper and Packaging Group, Paper Excellence, Santher, gKraft paper, Paperindex, CMPC Biopackaging, Andritz Chile Ltd, Arabian Kraft Paper Manufacturing LLC, Kraft Paper and Paper Liners, R3s Paper Bags Works, Al Wahdania Shipping and Cargo, Aetreum, APL International, Zdpacks Manufacturing Llc, CPpack, RBE Stationery Manufacturers, Corruseal Group
Contents of the report:
1. Executive Summary
2. Kraft Paper Market Report Structure
3. Kraft Paper Market Trends And Strategies
4. Kraft Paper Market - Macro Economic Scenario
5. Kraft Paper Market Size And Growth
…..
27. Kraft Paper Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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