Ban on Plastics Poised to Benefit Global Sack Kraft Paper Market

The growing adoption of sustainable packaging with biodegradable and eco-friendly materials has triggered a huge demand for sack kraft paper in recent times. The demand for this type of paper is expected soar in the coming years as this material shows strength equal to synthetic or plastic materials. The global sack kraft paper is expected to be worth US$10.5 bn by the end of 2024 as compared to US$8.4 bn in 2015. The researchers estimate that the global market will expand at a CAGR of 2.6% during the forecast period of 2016 and 2024. Some of the factors that are expected to fuel the demand for sack kraft paper are features such as porosity, extensibility, printability, durability. Furthermore, this paper is also known to offer an exceptional high Tensile Energy Absorption (TEA) index of 3.8 J/g and is thus being used for industrial purposes.

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Salient Features of Sack Kraft Paper Boost its Uptake

The booming cement industry in the developing economies of East Asia, Africa, and the Middle East have augmented the demand for sack kraft paper. The continued growth of the construction industry across the globe as the overall economy recovers from the recent slowdown is expected to boost the uptake of sack kraft paper as well. Builders are expected to use sack kraft paper in lieu of cement to build multiwall paper sacks for packaging, which is also projected to have a positive impact on the revenue of the global market. This material is known to act as a filter, which allows quick de-aeration and a high filling speed. Thus it has earned the status of being an excellent substitute for plastics that are regularly used in industrial packaging.

The growing concerns amongst governments and environmentalists about the hazards of using plastic is forcing them to focus on greener alternatives. The demand for sack kraft paper is also being fueled by the steady ban on the distribution and production of plastics in several countries of the world. The ongoing technological advancements that have made sack kraft paper noticeably moisture resistant are also projected to fuel the demand for this material.

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“The growing environmental concerns pertaining to mounting dumps of plastics has urged governments and several organizations to shift their focus towards development of sustainable materials,” states the lead author of this research report. This very sentiment has been driving to the global sack kraft paper market, which is extensively being used in a variety of areas. From construction to packaging of food, sack kraft paper is being adopted as a sustainable option as it exhibits remarkable printability, extensibility, porosity, and durability. Sack kraft paper is gaining stupendous popularity as it exhibits the same strength as that of plastic materials. Thus, it is extensively being used for packaging cement to pack smaller quantities.

The tough taxation rules pertaining to the environmental hazards due to over-consumption of plastics is also coaxing several manufacturers to use unconventional packaging solutions. As sack kraft paper is made from natural fibers it known to be biodegradable, which has become its unique selling point. Its recyclability has also proven to be an asset to its increasing sales in the past few years. Ban on plastic in several counties of the world due to overflowing landfills, rising pollution, and difficulty in recycling have also augmented the demand for sack kraft paper. Furthermore, improved printability and appearance of sack kraft paper are also expected to drive their demand in the near future.

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