Rapidly rising demand for sustainable and efficient packaging from end-use industries is driving growth of the market
The global kraft paper market is expected to be valued at
Increasing demand for recycled paper bags and kraft paper over polyethylene for carrying and packaging products at supermarkets and malls such as food products is expected to open up a range of lucrative opportunities for growth of companies operating in the market. In addition, rising preference for materials that are compliant with green regulations suggested by FDA is boosting demand for kraft paper and the trend is expected to continue over the forecast period.
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Leading Players Profiled in the Report Include:
Kraft paper has robust applications across the food & beverage industry for packaging of food and groceries. The production of carryout bags, shopping bags, butcher bags, gift wraps, and other shipping sacks has increased substantially owing to rising awareness among consumers about benefits of eco-friendly materials and easy availability of these bags.
Some Key Findings in the Report *Among the application segments, the building & construction segment is projected to account for largest revenue share in the global kraft paper market and maintain its dominance over the forecast period. Growth of this segment can be attributed to kraft paper finding a range of applications in the construction industry and for material application and product packaging owing to good resistance to temperature and water.
*Among the grade segments, the bleached paper segment is expected to account for dominant revenue share in the kraft paper market, with the trend continuing over the forecast period. This growth can be attributed to growing acceptance of bleached paper owing to superior properties over regular kraft paper such as higher strength.
*Among the packaging form segments, the corrugated segment is expected to account for leading revenue share in the global market and maintain its dominance over the forecast period. This growth is attributable to increasing demand for improved protection for goods during transportation. The recyclable and reusable nature of corrugated material is leading to increasing end-use and consumer inclination toward this type of packaging material.
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*Revenue from the market in
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For the purpose of this report, Reports and Data has segmented the global kraft paper market on the basis of grade, packaging form, application, and region:
By
By Packaging form Outlook (Revenue, USD Billion; 2018-2028) *Corrugated Boxes *Grocery Bags *Industrial Bags *Wraps *Pouches *Envelopes
By Application Outlook (Revenue, USD Billion; 2018-2028) *Foods & Beverage *Pharmaceuticals *Building and Construction *Cosmetics & Personal Care *Others
By Region Outlook (Revenue, USD Billion; 2018-2028) *
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Table of contents
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2020-2028
Chapter 3. Indicative Metrics
Chapter 4. Kraft Paper Market Segmentation & Impact Analysis
4.1. Kraft Paper Market Service Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers' analysis
4.2.2.1. Rising implementation of laws and regulations by governments
4.2.2.2. Growing awareness among people and introduction of awareness programs
4.2.2.3. Increasing urbanization globally
4.2.3. Market restraints analysis
4.2.3.1. High cost of raw material
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter's Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis
4.9. Customer Mapping
4.10. Covid-19 Impact Analysis
4.11. Global Recession Influence
Continued.......
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