Kraft Paper Market size was valued at US$ 18.88 Bn. in 2023, and it is expected to grow at CAGR of 3.4 % during the forecast period. It is expected to reach US$ 23.85 Bn By 2030.
Kraft Paper Market Overview:
Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the Kraft Paper Market. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The report provides the current state of the Kraft Paper market by thorough analysis, and projections are made up to 2030.
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Kraft Paper Market Scope and Methodology:
The Kraft Paper market report covers a wide range of topics that impact market dynamics, trends, opportunities, and challenges. It also includes a thorough analysis of the worldwide landscape. This comprehensive analysis also looks at how the market is divided into segments according to services category, company size, end-user sector, and geographical regions. The study also closely examines major industry participants, assessing their approaches, line of business, results, and place in the Kraft Paper market. To give a comprehensive picture of the market environment, a thorough evaluation of macroeconomic variables, regulatory frameworks, and technical developments is also carried out.
Also, the research offers detailed insights into the dynamics of the Kraft Paper market, including opportunities, challenges, constraints, and drivers. Using a bottom-up methodology, estimates of the size of the worldwide and regional Kraft Paper market were developed. The study provides a thorough value chain analysis that clarifies the Kraft Paper production process and incorporates information about distributors, consumers, and raw materials. Furthermore, the use of PORTER and PESTLE studies, in conjunction with evaluations of market attractiveness, enhances comprehension of the Kraft Paper market on a global and micro level.
Kraft Paper Market Segmentation:
by Grade
Unbleached
Bleached
Wrapping & Packaging
Others
In 2023, the Unbleached segment held a 32% market share, dominating the industry. It is incredibly sturdy and of brown unglazed quality. mostly employed in the manufacturing of bags that are medium and large in size. Additionally, it serves as a foundation for various coatings, laminations, and packaging. The kraft paper market's segment expansion is being driven by these factors.
by Packaging Form
Corrugated Boxes
Grocery Bags
Industrial Bags
Others
In 2023, corrugated boxes held a 36.4% market share, dominating the industry. They make shipping products easier to handle in addition to protecting them from damage. Because they are recyclable and reusable, this sector lessens packing waste. Corrugated boxes are in high demand in the following industries: food and beverage, building and construction, clothing, freight forwarding, logistics, cosmetics and personal care, and medications. These elements are propelling the market segment's expansion.
by Application
Foods & Beverage
Pharmaceuticals
Building and Construction
Cosmetics & Personal Care
Others
In 2023, the Foods and Beverage category held a 35.6% market share, dominating the industry. Kraft paper is increasingly being used for bakery goods and ingredients, cheese and dairy products, coffee, crisps, nibbles, and nuts, ice cream, coffee, dehydrated and dried food, fresh and chilled food, fresh fruit, and vegetables, and frozen food. These elements are propelling the market segment's expansion.
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Kraft Paper Market Key Players:
1. MONDI
2. Ahlstrom-Munksj
3. CMPC
4. Daio Paper Corporation
5. Glatfelter
6. International Paper
7. ITC Limited
8. Nippon Paper Group
9. Sappi Limited
10. Segezha Group
11. Smurfit Kappa
12. Stora Enso
13. WestRock Company,
14. Kapstone Paper & Packaging
15. Canfor Corporation
16. Georgia Pacific LLC.
17. Billerudkorsnas AB
18. Natron Hayat d.o.o
19. Tokushu Tokai Paper Co., Ltd.
20. Nordic Paper
21. Oji Holdings Corporation
22. Gascogne
23. SCG PACKAGING
24. Canadian Kraft Paper Ltd.
25. Forest Company
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Kraft Paper Market Regional Insights :
The size and trends in the Kraft Paper market in each of the following regions are thoroughly examined in this research: North America (which includes the United States, Canada, and Mexico); Europe (which includes France, Spain, Germany, Italy, and other European countries); Asia-Pacific (which includes China, Japan, India, Australia, South Korea, ASEAN countries, and others APAC countries); South America (which includes Argentina, Brazil, and other South American countries); and Middle East and Africa (which includes South Africa, Egypt, and other MEA countries).
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Key questions answered in the Kraft Paper Market are:
What is Kraft Paper?
What was the Kraft Paper market size in 2023?
Which are the factors expected to drive the Kraft Paper market growth?
Who are the leading companies and what are their portfolios in Kraft Paper Market?
What growth strategies are the players considering to increase their presence in Kraft Paper?
What are the upcoming industry applications and trends for the Kraft Paper Market?
What will be the CAGR at which the Kraft Paper market will grow?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Kraft Paper Market?
What are the different segments of the Kraft Paper Market?
What is the growth rate of the Kraft Paper Market?
What segments are covered in the Kraft Paper Market?
Who are the key players in the Kraft Paper market?
What are the key challenges and opportunities in the Kraft Paper market?
Which application holds the highest potential in the Kraft Paper market?
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Key Offerings:
Past Market Size and Competitive Landscape (2018-2023)
Past Pricing and price curve by region (2018-2023)
Market Size, Share, Size & Forecast by different segment | 2024−2030
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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