Unwrapping Growth: Kraft Paper Market
Market Dynamics and COVID-19 Impact:
The Kraft Paper Market, known for its tear-resistance and strength, faced disruptions during the COVID-19 pandemic. Strict lockdowns, manufacturing plant closures, and disruptions in the supply chain adversely affected production. Notably, the closure of hotels and restaurants reduced the demand for Kraft Paper in the food packaging sector.
As lockdowns eased and takeout services gained momentum, a positive shift was observed in Kraft Paper growth, especially in the short term. The surge in demand for fast-food packaging, coupled with government regulations against plastic usage, contributed to the market's recovery.
Kraft Paper Market Overview:
The report comprehensively encompasses the analysis of insights concerning the Kraft Paper market, including its dynamic patterns, industry landscape, and all significant aspects of the market. An in-depth examination of key players is also presented within the Kraft Paper market report.
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Kraft Paper Market Scope and Research Methodology
The aim of this report is to assess and predict the size of the Kraft Paper market. It offers strategic profiles of significant market participants to provide an accurate depiction of the competitive landscape within the global Kraft Paper market. This includes a comprehensive analysis of recent developments such as new product launches, acquisitions, mergers, joint ventures, brand activities, and major players in the Kraft Paper industry. The report presents insights into industry trends, dynamics, and potentials, assisting professionals in staying informed about the latest trends and sector performance. This insight aids in predicting growth and decline in Kraft Paper market share over the forecast period.
In-depth understanding of the Kraft Paper industry was achieved through a combination of primary and secondary research methods. Various methodologies, including PESTLE, PORTER, and SWOT analysis, were employed to ensure accurate findings. SWOT analysis was employed to outline strengths, weaknesses, opportunities, and challenges for key players within the Kraft Paper industry. Additionally, the use of PORTER and PESTLE analysis allowed for an understanding of the microeconomic and macroeconomic factors influencing the Kraft Paper industry.
Kraft Paper Market Segmentation:
by Grade
Unbleached
Bleached
Wrapping & Packaging
Others
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.
by Packaging Form
Corrugated Boxes
Grocery Bags
Industrial Bags
Others
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.
by Application
Foods & Beverage
Pharmaceuticals
Building and Construction
Cosmetics & Personal Care
Others
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.
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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
Kraft Paper Market Regional Analysis:
The report is segmented into several key countries, with market size, growth rate, import and export of Kraft Paper market in these countries, which covering North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and Middle East and Africa.
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Key Questions answered in the Kraft Paper Market Report are:
Which segment grabbed the largest share in the Kraft Paper market?
Which segment is expected to grow at a high rate during the forecast period?
How is the competitive scenario of the Kraft Paper market?
Which are the key factors driving the Kraft Paper market growth?
Which are the factors restraining the Kraft Paper market growth?
Which region holds the maximum share in the Kraft Paper market?
What will be the CAGR of the Kraft Paper market during the forecast period?
Which are the prominent players in the Kraft Paper market?
Key Offerings:
A detailed Analysis of the Market Overview
Market Share, Size & Forecast by Revenue
Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
Market Segmentation – A detailed analysis by Route of administration, Application, Facility of use and Region and Region
Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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