Kraft Paper Market Poised for Steady Growth, Expected to Reach $23.85 Billion by 2030
The global kraft paper market, valued at $18.88 billion in 2023, is projected to reach $23.85 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 3.4% over the forecast period, according to a recent market analysis.
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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 analysis in the report provides an in-depth aspect at the current status of the Kraft Paper market, with forecasts outspreading to the year 2030.
Kraft Paper Market Scope and Methodology:
The paper employs SWOT and descriptive analysis as research approaches. The primary goal of the research is to perform a thorough analysis of the market Kraft Paper. In research, a variety of methods are employed, such as questionnaires and surveys. After then, techniques from statistics, maths, and numbers are applied to assess the information. Approaches that are qualitative or quantitative can impact the current situation of the market.
Direct buyer interactions, R&D projects, creative R&D techniques, market consolidation and acquisitions, and new industrial processes are other factors taken into account when assessing market potential. This study considers microeconomic variables, market leaders' strategies, portfolio analysis, in-depth analysis, organisational structure, and market trends in order to conduct a SWOT analysis.
Kraft Paper Market Regional Insights:
The Middle East, Africa, South Africa, Europe, and the Americas.
Understanding the complex dynamics of the global Kraft Paper business within the context of regional research is crucial. The foundation for international trade in goods is presented by this book. The research provides a comprehensive summary of the Kraft Paper market's size and growth rate. People talk about current business trends in many different countries and places. Europe, the Americas, the Middle East, Asia-Pacific, and South Africa.
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Kraft Paper Market Segmentation:
by Grade
Unbleached
Bleached
Wrapping & Packaging
Others
In terms of grade, the Unbleached category held a 32% market share in 2023. 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.
by Packaging Form
Corrugated Boxes
Grocery Bags
Industrial Bags
Others
In terms of packaging form, corrugated boxes held a 36.4% market share in 2023. 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.
by Application
Foods & Beverage
Pharmaceuticals
Building and Construction
Cosmetics & Personal Care
Others
With a 35.6% market share by application in 2023, the Foods and Beverage segment 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.
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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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Key questions answered in the Kraft Paper Market are:
Which is the fastest growing region in the Kraft Paper Market?
What is the growth rate of the Kraft Paper Market?
What are the upcoming opportunities and trends for the Kraft Paper Market?
What segments are covered in the Kraft Paper Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Kraft Paper Market?
Which are the factors expected to drive the Kraft Paper Market growth?
What is the CAGR at which the market will grow during the forecast period?
What are the different segments of the Kraft Paper Market?
What is Kraft Paper?
What growth strategies are the players considering to increase their presence in Kraft Paper?
Who are the leading companies and what are their portfolios in Kraft Paper Market?
Who are the key players in the Kraft Paper market?
Key Offerings:
Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size & Forecast by different segment
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
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