1. Market Research
  2. > Materials
  3. > Pulp and Paper Market Trends
Global Kraft Paper Market Analysis & Trends - Industry Forecast to 2028

Global Kraft Paper Market Analysis & Trends - Industry Forecast to 2028

  • July 2021
  • 159 pages
  • ID: 5844530
  • Format: PDF
  • Accuray Research LLP

Summary

Table of Contents

Kraft Paper: Market Size

From $15.01 billion in 2020, the global Kraft Paper market is projected to reach $21.34 billion by 2028. Based on our analysis the market is expected to grow at a CAGR of 4.5% from 2020 - 2028 timeframe.


Some of the prominent trends that the market is witnessing include Escalating demand for kraft paper for packaging of different food products, growing awareness among population regarding sustainable packaging, and increasing inclination for environment friendly packaging materials and solutions.

Global Kraft Paper Market: Market Dynamics

The kraft paper is majorly utilized for wrapping heavy bundles owing to its high strength. After the corrugation process, it is used in many types of packaging and is considered an important packaging material in numerous end-use industries. Packaging materials such as kraft paper are constantly gaining acceptance in various end-use industries as a primary packaging solution. Moreover, these materials are reusable, recyclable, lightweight, and easy to transport, which opens up opportunities for growth of players operating in the market over the forecast period.

The rise in environmental concerns throughout the world has encouraged governments in various emerging economies to invest in the development of eco-friendly packaging products that have soaring tear resistance.

On the other hand, the deficiency of enforcement of plastic packaging laws in underdeveloped countries is likely to obstruct the profit boundaries. In addition, increasing demand for more environment friendly and effective packaging materials and solutions will further boost for the Kraft Paper market.

Impact of COVID-19 on Kraft Paper

The kraft paper industry is going through one of its toughest phases in history with the novel coronavirus (Covid-19) pandemic affecting supply, compounded by non-availability of shipping containers and China importing huge quantities of kraft paper from India. The problems due to these three ‘C’ factors as covid-19, container shortage and China in the kraft paper industry is currently such that the waste paper, paper mills, including kraft paper makers, and corrugated or packing box manufacturing sectors have been affected badly. In particular, export of recycled pulp to China is now turning out to be a major worry, as it is resulting in the domestic industry, particularly packing box makers, facing shortage. This factor has resulted in a demand for ban of export of kraft paper from India so that the domestic industries will not be starved of the key raw material, particularly to make packing boxes that are used in a range of industries, starting from white goods to electronics to fast-moving consumer goods and all e-commerce products.

By Packaging Form

Corrugated Boxes Segment Dominate the Market in 2020

The corrugated boxes segment made huge revenue in 2020 and growing its prominence during the forecast period. In addition to offering protection to shipped goods from damages, the corrugated boxes also offer easy handling features. The recyclable and reusable nature of corrugated boxes deducts the packaging waste. This has ensued in an escalating demand for corrugated boxes in various industries including pharmaceuticals, clothing, building & construction, food & beverages, logistics, freight forwarding, and cosmetics & personal care.

By Geography

Asia Pacific Region is Leading in the Global Market Place

Asia Pacific region is likely to have a huge demand in the forecast period owing to the growing inclination for kraft papers in densely populated countries such as China and India, as it is increasingly used in the production of packages to ensure cost savings, safety and sustainability of packaged products. Additionally, the rising application of kraft papers in the consumer durables, food & beverages, building and construction, and healthcare industries is projected to drive the growth of the kraft paper market in the Asia Pacific region. Possibly, favorable government initiatives and the growing adoption of clean packaging products are intended to promote the growth of kraft papers market in the region.

List of the Key Players Profiled in the Market Include:

• Billerudkorsnas
• Daio Paper Construction
• Gascgone Paper
• Glatfelter
• Klabin
• Mondi
• Narton Hayat
• Nordic Paper
• Segezha Group
• Smurfit Kappa Group
• Stora Enso

List of the Regions/Countries Profiled in the Market Include:

North America
• US
• Canada
• Mexico
Europe
• Germany
• U.K
• Italy
• France
• Spain
• Rest of Europe
Asia Pacific
• China
• Japan
• India
• Australia
• New Zealand
• Rest of Asia Pacific
Middle East
• Saudi Arabia
• UAE
• Rest of Middle East
Latin America
• Argentina
• Brazil
• Rest of Latin America
Rest of the World (RoW)
• South Africa
• Others

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

ref:plp2021

Reportlinker.com © Copyright 2021. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on