Kraft Paper Market Current Scenario Trends, Comprehensive Analysis and Regional Forecast to 2032
The preference for biodegradable and sustainable packaging is growing with increasing awareness regarding the negative impact of packaging solutions on the environment, due to use of plastic and other such non-biodegradable products among the consumers and growing preference for paper based packaging. Consumers are turning their loyalties towards eco-friendly products. Kraft paper is one such product which is used for packaging nowadays, as they do not draw any negative impact on environment. Kraft papers are produced using kraft process. Various fibres can be used in the kraft process.
Global kraft papers market: Key Players
Few of the key players operating in the global kraft papers market are – WestRock Company, Mondi Group Plc., Canfor Corporation, Natron-Hayat d.o.o., International Paper Company, and DS Smith Plc, among others.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
These papers are relatively coarse and have high tensile strength. Kraft papers are available in various textures and colors. Kraft papers are used in various industries such as food, bakery, and others, for packaging purpose. Kraft papers are used for producing carryout bags, grocery and shopping bags, butcher wrap, multiwall shipping sacks, and gift wrappers. Kraft papers are available in a variety of types, such as bleached, unbleached, sack, and specialty kraft papers.
Global kraft papers market: Dynamics
Paper based packaging has gained prominence in recent years, with the emergence of modern packaging ideas where shelf life, visual appeal and brand identity occupy premiere state. Kraft paper packaging products provide all these advantages.
The main advantage of kraft paper is that it can be produced using wider range of fibres. Variety of woods can be used for the kraft process. This factor is expected to facilitate growth of the global kraft papers market, over the next decade. Also, kraft papers are eco-friendly, provide excellent product packaging, are easy to stack and above all, they are easy to dispose of.
These factors are expected to boost the global kraft papers market over the forecast period. With increasing focus on green packaging and consumer awareness, the kraft papers are gaining ground, with growing applications in the packaging industry. Various industries including food & beverage, electronics, cosmetics, personal care, textile and others kraft papers as packaging products. This is expected to drive the global kraft papers market over the next ten years.
Kraft papers are recyclable and can be used further. Kraft papers provides lightweight packaging, and are easy to transport. These factors are anticipated to drive the global kraft papers market over the forecast period. Kraft papers are primarily used for the production of corrugated and cardboard boxes, which are widely used packaging products.
It is expected to drive the global kraft papers market growth, over the forecast period. The factors which might hamper the growth of global kraft papers market are hike in price of kraft paper, and ongoing efforts to tackle deforestation.
Global kraft papers market: Segmentation
On the basis of product type, the global kraft papers market has been segmented as:
- Specialty kraft paper
- Sack kraft paper
On the basis of grades, the global kraft papers market has been segmented as:
- Bleached
- Unbleached
- Coated
- Uncoated
On the basis of application, the global kraft papers market has been segmented as:
- Corrugated boxes
- Grocery & shopping bags
- Multiwall sacks
- Carryout bags
- Others
On the basis of end use industry, the global kraft papers market has been segmented as:
- Food & beverages
- Electronics
- Construction
- Cosmetics and personal care
- Textile
- Others
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