Kraft Paper Market Growth Trends With Detailed Forecast | 2023-2029

Kraft Paper Market Overview:

The Kraft Paper Market research provides a full competition picture, including market share and company profiles of the major players in the worldwide industry. The scope of the research covers a complete examination of the Kraft Paper Market, as well as the causes for variances in the industry’s growth in different areas.

Expected Revenue Growth:

Kraft Paper Market size was valued at US$ 18.16 Bn. in 2022, and it is expected to grow at CAGR of 3.4 % during the forecast period. It is expected to reach US$ 22.95 Bn. By 2029.

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Kraft Paper Market Scope:

To locate and collect material appropriate for this study, this research study makes considerable use of secondary sources, directories, and databases such as annual reports, press releases, journals, corporate websites, and databases.

This Kraft Paper market report covers new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographies, and product approvals, product launches. To learn more about Maximize Market Research window sensors market, please contact us for an Analyst Brief; our experts will assist you in making an informed market choice to achieve your goals.

Kraft Paper Market Segmentation: 

In terms of grade, the Unbleached category held a 32% market share in 2022. It is quite durable and of the brown unglazed quality. mostly employed in the manufacturing of large and medium-sized sacks. It is also used as a foundation for other packing, laminations, and coatings. The kraft paper market’s segment growth is being propelled by these factors.

In terms of packaging form, corrugated boxes held a 36.4% market share in 2022. They facilitate handling while also shielding transporting articles from damage. Because they are recyclable and reusable, this sector helps to reduce 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 pharmaceuticals. The market sector is expanding as a result of these causes.

With a 35.6% market share by application in 2022, the Foods and Beverage category led the market. the increased usage of kraft paper in the baking industry for materials and goods, dairy and cheese, crisps, nuts and snacks, confections, coffee, dehydrated and dried food, chilled and fresh food, frozen food, and ice cream. The market sector is expanding as a result of these causes.

Key Competitors:

The entire approach involves a review of the financial reports of the major market participants. Following the determination of the overall market size, the complete market was divided into many segments and sub-segments and checked with key industry professionals such as CEOs, VPs, directors, and marketing executives. The major players in the Kraft Paper market are

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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Regional Analysis:

The region portion of the Kraft Paper market study also includes individual market affecting elements and changes in legislation in the market that affect present and future market trends. Current and future trends are discussed in order to estimate the entire market potential and to highlight profitable trends in order to obtain a firmer footing. Geographic market assessment is based on the existing scenario and predicted developments.

Key Questions answered in the Kraft Paper Market Report are: 

• Which are the major companies in the Kraft Paper market?
• Which is the potential market for Kraft Paper in terms of the region?
• What are the opportunities for new market entrants?
• What is expected to drive the growth of the market in the next seven years?

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