Kraft Paper Market: Global Industry Analysis and Forecast (2021-2027) by Grade, Packaging Form, Application, and Region.

Kraft Paper Market size was valued at US$ 17 Bn. in 2020, and it is expected to grow at CAGR of 3.4 % during the forecast period. It is expected to reach US$ 21.48 Bn. By 2027

Kraft Paper Market Overview:

Kraft paper is paper or corrugated board with high tear-resistance and strength. Used primarily in the packaging industry, it adds chemicals to wood pulp and recycled materials to increase fiber strength, thickness, and durability while maintaining lightweight. Chemicals are typically added to kraft paper to increase thickness, strength, and durability while maintaining lightweight. Color Craft, White or Bleach Craft, Black Craft, White or Bleach Craft, Natural Recycled Craft, and Print Craft are some of the most widely used forms of craft. Kraft Paper Market To know about the Research Methodology :- Request Free Sample Report Though market forecasting through 2027 is based on real output, demand, and supply of 2020, 2020 numbers are also estimated on real numbers published by key players as well all-important players across the world. Market forecasting till 2027 is done based on past data from 2016 to 2019 with the impact of global lockdown on the market in 2020 and 2021. Impact of COVID 19: The COVID 19 epidemic has hampered the production, supply, and demand of kraft paper and had a negative impact on the market. As the COVID 19 pandemic spread around the world, governments in many countries have imposed a strict curfew to prevent people from going out. Lockdown closed manufacturing plants, lacked staff, and affected kraft paper production. Kraft paper sales declined due to supply chain disruptions and the closure of specialty stores and other retailers. The closure of hotels and restaurants has reduced the demand for kraft paper for the food packaging business. The blockage restrictions have been gradually lifted, but the restaurant is gradually reopening for takeaway only. This can help increase kraft paper growth in the short term.

Kraft Paper Market Dynamics:

The growing popularity of fast-food restaurants for young people in urban areas and government regulations imposing a ban on plastics has increased the production of bag wrapping paper. Wheat flour, sugar, starch, food additives, processed and dried fruits, eggs, milk, and other foods are typically shipped using kraft paper. Bag fuel for food packaging is usually used in the form of an open sack or valve sack and consists of 2-3 layers of paper, often a polyethylene (PE) -free film tube with liner and/or coated paper. These factors are driving the growth of kraft paper in the market. Regulatory authorities are paying more attention to the introduction of paper recycling practices. And due to the packaging properties of various foods such as sandwiches, pizzas, and burgers, the industry has a significant increase in demand for kraft paper from the food and beverage industry. Also, the shift in consumer focus to improving the appearance of end-user products. These factors are driving the demand for the product in the market. The surge in the trend towards modern packaging with visual appeal, brand identity, and long shelf life has increased. The main advantage of paper is that it can be blended with a variety of fibers. This improves the characteristics of the paper and expands the range of applications. These kraft papers are environmentally friendly, have improved packaging properties, are easy to stack and recycle. These factors are expected to drive the growth of the kraft paper market through the forecast period. Kraft paper is available in a variety of attributes, including sackcloth kraft paper and fame kraft paper. Machine-coated paper is used to bundle consumer items that are in high demand from buyers. Machine-coated papers range from consumer products to fat-free papers, cheap grocery stores, margarine-holding papers, and other dairy bundles. Forte kraft paper is made up of two types of paper. Machine-coated kraft paper and machine-finished kraft paper. Interest in customization is increasing due to the rising purchasing power of buyers and the development of specialized properties. These factors are driving the market growth and are expected to drive through the forecast period. Market trends and challenges are analyzed and compiled in the report. The data of 2020 is considered for a better understanding of the client. Moreover, Analytics of the market is based on real numbers of past years from 2016 to 2019 with market forecast until 2027.

Kraft Paper Market Segment Analysis:

By Grade, the Unbleached segment dominated the market with a 32 % share in 2020. It is a brown unglazed grade and extremely durable. Mostly used in the production of medium and large-size sacks. It is also utilized as a base for a variety of coatings, laminations, and packaging. These factors are driving the segment growth in the kraft paper market. The bleached segment is expected to grow at a CAGR of 4 % through the forecast period. It undergoes a treatment using bleach and other chemicals to whiten and purify the natural Kraft pulp. Through this process, the paper becomes stronger than traditional brown Kraft paper. Due to this added strength, white-bleached Kraft paper is used heavily in wrapping and packaging. Eco-friendly and 100% recyclable, Tasteless and non-toxic, Pollution-free, etc. are the factors expected to drive the segment growth through the forecast period. Kraft Paper MarketBy Packaging Form, Corrugated boxes dominated the market with a 36.4 % share in 2020. They not only protect shipping items from harm but also make them easier to handle. This segment reduces packing waste because they are reusable and recyclable. Food and beverage, building and construction, clothes, freight forwarding, logistics, cosmetics and personal care, and medicines have a huge demand for corrugated boxes. These factors are driving the growth of the segment in the market. Industrial Bags are expected to grow at a CAGR of 2.9 % through the forecast period. The surge in demand for industrial bags from the construction industry especially in developing countries has increased the demand for an industrial sack. These factors are expected to drive the demand for industrial sacks and drive the market growth through the forecast period. Kraft Paper Market By Application, the Foods and Beverage segment dominated the market with a 35.6 % share in 2020. The rise in the use of kraft paper for bakery products and ingredients, cheese and dairy products, crisps, snacks and nuts, confectionery, coffee, dehydrated and dried food, fresh and chilled food, fresh fruit, and vegetables, frozen food, and ice cream. These factors are driving the growth of the segment in the market. The building and Construction segment is expected to grow at a CAGR of 5.4 % through the forecast period. Advantages of kraft packaging include resistance to temperature, water, and chemicals. These packages are lightweight and can be molded in various shapes and rising in the construction industry. These factors are expected to drive the segment growth through the forecast period.

Kraft Paper Market Regional Insights:

Asia Pacific region dominated the market with a 40 % share in 2020. Increasing use in the manufacturing of packages for cost savings, sustainability, and packaged product safety, and used in densely populated countries such as India and China. Increasing use of kraft paper in the consumer goods, food, and beverage, construction, and healthcare industries in this region. Also, favorable government initiatives and increased adoption of clean packaged products. These factors are driving the growth of the kraft paper market in this region. The objective of the report is to present a comprehensive analysis of the Kraft Paper market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Kraft Paper market dynamics, structure by analyzing the market segments and project the Kraft Paper market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Kraft Paper market make the report investor’s guide.

Kraft Paper Market Scope: Inquiry Before Buying

Kraft Paper Market
Report Coverage Details
Base Year: 2020 Forecast Period: 2021-2027
Historical Data: 2016 to 2020 Market Size in 2020: US $ 17 Bn.
Forecast Period 2021 to 2027 CAGR: 3.4 % Market Size in 2027: US $ 21.48 Bn.
Segments Covered: by Grade • Unbleached • Bleached • Wrapping & Packaging • Others
by Packaging Form • Corrugated Boxes • Grocery Bags • Industrial Bags • Others
by Application • Foods & Beverage • Pharmaceuticals • Building and Construction • Cosmetics & Personal Care • Others

Kraft Paper Market, by Region

• North America • Europe • Asia Pacific • Middle East and Africa • South America

Kraft Paper Market Key Players

MONDI • Ahlstrom-Munksj • CMPC • Daio Paper Corporation • Glatfelter • International Paper • ITC Limited • Nippon Paper Group • Sappi Limited • Segezha Group • Smurfit Kappa • Stora Enso • WestRock Company, • Kapstone Paper & Packaging • Canfor Corporation • Georgia Pacific LLC. • Billerudkorsnas AB • Natron Hayat d.o.o • Tokushu Tokai Paper Co., Ltd. • Nordic Paper • Oji Holdings Corporation • Gascogne • SCG PACKAGING • Canadian Kraft Paper Ltd. • Forest Company 1] What segments are covered in the Kraft Paper Market report? Ans. The segments covered in the Kraft Paper Market report are based on Grade, Packaging Form, and Application. 2] Which region is expected to hold the highest share in the Kraft Paper Market? Ans. Asia Pacific Region is expected to hold the highest share in the Kraft Paper Market. 3] What is the market size of Kraft Paper Market by 2027? Ans. The market size of Kraft Paper Market by 2027 is US $ 21.48 Bn. 4] Who are the top key players in the Kraft Paper Market? Ans. MONDI, Ahlstrom-Munksj, CMPC, Daio Paper Corporation, Glatfelter, International Paper, ITC Limited, Nippon Paper Group, Sappi Limited, Segezha Group, Smurfit Kappa, Stora Enso, WestRock Company, Kapstone Paper & Packaging, Canfor Corporation, Georgia Pacific LLC., Billerudkorsnas AB, Natron Hayat d.o.o, Tokushu Tokai Paper Co., Ltd., Nordic Paper, Oji Holdings Corporation, Gascogne, SCG PACKAGING, Canadian Kraft Paper Ltd., Forest Company. 5] What was the market size of Kraft Paper Market in 2020? Ans. The market size of Kraft Paper Market in 2020 was US $ 17 Bn.
1. Global Kraft Paper Market: Research Methodology 2. Global Kraft Paper Market: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global Kraft Paper Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Kraft Paper Market: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12. COVID-19 Impact 4. Global Kraft Paper Market Segmentation 4.1. Global Kraft Paper Market, by Grade (2020-2027) • Unbleached • Bleached • Wrapping & Packaging • Others 4.2. Global Kraft Paper Market, by Packaging Form (2020-2027) • Corrugated Boxes • Grocery Bags • Industrial Bags • Others 4.3. Global Kraft Paper Market, by Application (2020-2027) • Foods & Beverage • Pharmaceuticals • Building and Construction • Cosmetics & Personal Care • Others 5. North America Kraft Paper Market(2020-2027) 5.1. Global Kraft Paper Market, by Grade (2020-2027) • Unbleached • Bleached • Wrapping & Packaging • Others 5.2. Global Kraft Paper Market, by Packaging Form (2020-2027) • Corrugated Boxes • Grocery Bags • Industrial Bags • Others 5.3. Global Kraft Paper Market, by Application (2020-2027) • Foods & Beverage • Pharmaceuticals • Building and Construction • Cosmetics & Personal Care • Others 5.4. North America Kraft Paper Market, by Country (2020-2027) • United States • Canada • Mexico 6. European Kraft Paper Market (2020-2027) 6.1. European Kraft Paper Market, by Grade (2020-2027) 6.2. European Kraft Paper Market, by Packaging Form (2020-2027) 6.3. European Kraft Paper Market, by Application (2020-2027) 6.4. European Kraft Paper Market, by Country (2020-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Kraft Paper Market (2020-2027) 7.1. Asia Pacific Kraft Paper Market, by Grade (2020-2027) 7.2. Asia Pacific Kraft Paper Market, by Packaging Form (2020-2027) 7.3. Asia Pacific Kraft Paper Market, by Application (2020-2027) 7.4. Asia Pacific Kraft Paper Market, by Country (2020-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Kraft Paper Market (2020-2027) 8.1. Middle East and Africa Kraft Paper Market, by Grade (2020-2027) 8.2. Middle East and Africa Kraft Paper Market, by Packaging Form (2020-2027) 8.3. Middle East and Africa Kraft Paper Market, by Application (2020-2027) 8.4. Middle East and Africa Kraft Paper Market, by Country (2020-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. Latin America Kraft Paper Market (2020-2027) 9.1. Latin America Kraft Paper Market, by Grade (2020-2027) 9.2. Latin America Kraft Paper Market, by Packaging Form (2020-2027) 9.3. Latin America Kraft Paper Market, by Application (2020-2027) 9.4. Latin America Kraft Paper Market, by Country (2020-2027) • Brazil • Argentina • Rest Of Latin America 10. Company Profile: Key players 10.1. MONDI 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Ahlstrom-Munksj 10.3. CMPC 10.4. Daio Paper Corporation 10.5. Glatfelter 10.6. International Paper 10.7. ITC Limited 10.8. Nippon Paper Group 10.9. Sappi Limited 10.10. Segezha Group 10.11. Smurfit Kappa 10.12. Stora Enso 10.13. WestRock Company, 10.14. Kapstone Paper & Packaging 10.15. Canfor Corporation 10.16. Georgia Pacific LLC. 10.17. Billerudkorsnas AB 10.18. Natron Hayat d.o.o 10.19. Tokushu Tokai Paper Co., Ltd. 10.20. Nordic Paper 10.21. Oji Holdings Corporation 10.22. Gascogne 10.23. SCG PACKAGING 10.24. Canadian Kraft Paper Ltd. 10.25. Forest Company

About This Report

Report ID 54469
Category Consumer Goods & Services
Published Date March 2020
Updated Date Dec 2021
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