Emerging Trends to Drive Kraft Paper Market Growth at 4.9% CAGR Through 2029

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What Is the Expected CAGR for the Kraft Paper Market Through 2025?
Over the past few years, the size of the Kraft paper market has been expanding steadily. It is projected to increase from $17.77 billion in 2024, reaching $18.62 billion in 2025, with a compounded annual growth rate (CAGR) of 4.8%. The surge seen in the historic period can be traced back to robust economic growth in the budding markets and an elevated demand for ready-to-eat food selections.

What's the Projected Size of the Global Kraft Paper Market by 2029?
In the coming years, the kraft paper market is anticipated to experience consistent growth, escalating to $22.58 billion in 2029 at a compound annual growth rate (CAGR) of 4.9%. The predicted expansion during this period can be credited to the rising governmental backing, enhanced awareness, and swift urbanization. The impending years are set to witness trends including a concentrated effort towards new paper packaging, a drive to eliminate extra plastic usage in developing new products, the unveiling of fresh, creative products to captivate more consumers, technological progression offering advanced answers, the increment in funds to enhance manufacturing abilities, and alliances and partnerships to reinforce product array and geographical reach.

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Top Growth Drivers in the Kraft Paper Industry: What's Accelerating the Market?
The accelerated growth of the packaging industry is fueling the advancement of the kraft paper market. Owing to its robustness and longevity, Kraft Paper is utilized in industrial and commercial packaging tasks including packaging, wrapping individual goods, bunching, and void fill. For example, the Australian Packaging Covenant Organisation (APCO), a non-profit entity based in Australia, reported in April 2024 that the overall packaging brought to the market in Australia was roughly 6.98 million tonnes in 2021-2022. This included paper and paperboard (52.3%), plastic packaging (18.3%), glass packaging (16.4%), wood packaging (8.8%), and metal packaging (4.3%). Therefore, the swift growth of the packaging sector is pushing forward the kraft paper market.

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What Trends Will Shape the Kraft Paper Market Through 2029 and Beyond?
The rise of product innovation is a noteworthy trend being observed within the kraft paper sector. Firms participating in the kraft paper marketplace are spearheading the development of enhanced specialty items that offer increased durability and practical application. To exemplify, Pregis, an American firm specializing in the production of paper-based packaging materials, supplemented its EasyPack assortment of paper-based packaging remedies in 2022 with the launch of GroTerra. This new entry to the portfolio is an expandable paper-based offering that guarantees lightweight buffering and interleaving safeguard, emphasising sustainable aspects.

What Are the Main Segments in the Kraft Paper Market?
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

Subsegments:
1) By Virgin Natural Kraft Paper: Unbleached Virgin Kraft Paper
2) By Natural Recycled Kraft Paper: Recycled Brown Kraft Paper
3) By Black Kraft Paper: Matte Black Kraft Paper, Glossy Black Kraft Paper
4) By Colored Kraft Paper: Solid Colored Kraft Paper, Pastel Colored Kraft Paper
5) By White Or Bleached Kraft Paper: White Unbleached Kraft Paper, White Bleached Kraft Paper
6) By Printed Kraft Paper: Custom Printed Kraft Paper, Pre-printed Kraft Paper

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Which Top Companies are Driving Growth in the Kraft Paper Market?
Major companies operating in the kraft paper market include 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, R3s Paper Bags Works, Al Wahdania Shipping and Cargo, Aetreum, APL International, Zdpacks Manufacturing Llc, CPpack, RBE Stationery Manufacturers, Corruseal Group

Which Regions Will Dominate the Kraft Paper Market Through 2029?
North America was the largest region in the kraft paper market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the kraft paper market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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