Market Overview:

The global kraft paper market is expected to exhibit a CAGR of 6.07% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Kraft paper represents a sheet of paperboard made of wood pulp or related recycling materials. Various chemicals that are added to this kraft paper enhance the thickness, strength, and durability while maintaining their lightweight abilities. Some of the standard varieties of kraft paper include white or bleached, colored, black, printed, etc. They can be easily recycled and reused and decompose completely. As a result, kraft paper is extensively utilized in several packaging applications, such as in envelopes, bags, composite cans, pouches, cartons, sacks, etc.

Kraft Paper Market Trends:

The shifting consumer preferences toward compostable and sustainable packaging materials owing to the rising awareness regarding the detrimental impact of plastic and other non-biodegradable variants are primarily driving the global kraft paper market. Apart from this, the expanding use of kraft paper in gift wrapping, events, weddings, etc., due to their colorful creativity, aesthetic appeal, and textured properties, is also stimulating the market growth. Moreover, the increasing demand for highly technical saturated kraft paper that can be customized to meet unique needs in countertops, partitions, and flooring applications is further creating a positive outlook for the global market. Additionally, the elevating usage of kraft paper in the e-commerce sector for packaging on account of various associated benefits, such as folding resistance, toughness, and high-strength compression performance, is acting as another significant growth-inducing factor. Besides this, the growing focus of government authorities on encouraging the adoption of recycling practices for paper is further augmenting the growth of the market. Moreover, the escalating utilization of kraft paper in the printing and publication sectors for manufacturing brochures, newspapers, magazines, pamphlets, etc., is anticipated to fuel the global kraft paper market in the coming years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global kraft paper market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product type, packaging, application and distribution channel.

Breakup by Product Type:

• Unbleached
• Bleached
• Wrapping and Packaging
• Sack Kraft Paper
• Others
   

Breakup by Packaging:

• Corrugated Box
• Grocery Bags
• Industrial Bags
• Wraps
• Pouches
• Others
   

Breakup by Application:

• Foods and Beverage
• Pharmaceuticals
• Building and Construction
• Cosmetic and Personal Care
• Others
   

Breakup by Distribution Channel:

• Offline
• Online
   

Breakup by Region:

• North America
  • United States
  • Canada
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa
   

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Ahlstrom-Munksjö Oyj, BillerudKorsnäs AB, Canadian Kraft Paper Ltd., Canfor Corporation, CMPC, Gascogne Papier, International Paper Company, Mondi PLC, SCG International Corporation Co. Ltd., Segezha-Group, Smurfit Kappa Group plc, Stora Enso Oyj, Tokushu Tokai Paper Co. Ltd. and WestRock Company.

Report Coverage:

Key Questions Answered in This Report:

• How has the global kraft paper market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the global kraft paper market?
• What are the key regional markets?
• What is the breakup of the market based on the product type?
• What is the breakup of the market based on the packaging?
• What is the breakup of the market based on the application?
• What is the breakup of the market based on the distribution channel?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global kraft paper market and who are the key players?
• What is the degree of competition in the industry?