Kraft Paper Market Size, Share, and Industry Forecast: 2024-2030

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

Unlocking Future Potential: In-Depth Analysis of the Kraft Paper by Maximize Market Research

Maximize Market Research (MMR), a premier business consultancy firm, proudly announces the release of its latest market analysis on the Kraft Paper. This extensive report offers comprehensive insights, from pricing trends and demand fluctuations to key competitors’ strategies, while looking ahead to industry forecasts through 2030. As industries rapidly evolve, our analysis provides valuable data to help businesses capitalize on the latest trends and make data-driven decisions.

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Expanding Horizons with In-Depth Market Insights

This report’s scope and methodology are tailored to provide investors with actionable insights. By utilizing both SWOT and PESTLE analyses, combined with data-driven surveys, MMR’s methodology synthesizes a clear market picture. To truly understand what drives the EV Platform market, our experts utilize qualitative and quantitative approaches, shedding light on the impact of factors like consumer trends, R&D initiatives, and advancements in technology. By detailing key aspects like buyer behavior, market consolidation, and innovative trends, the report offers a strategic roadmap to navigate the market’s complexity.

Regional Insights: A Global Perspective

In today’s interconnected world, regional market insights are essential. MMR’s research dives into the unique characteristics of regions, including the Middle East, South America, Europe, Africa, and the Asia-Pacific region, providing a nuanced understanding of regional dynamics, export-import patterns, and growth trajectories. By analyzing these regions individually, the report highlights opportunities and potential risks that can shape the market's direction over the next few years.

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Segmenting the Kraft Paper:

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.Over the course of the projection period, the bleached sector is anticipated to rise at a CAGR of 4%. To whiten and cleanse the natural Kraft pulp, it is treated with bleach and other chemicals. The paper is stronger than conventional brown Kraft paper as a result of this technique.

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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Key Players & Competitive Landscape :

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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Critical Questions & Key Findings

What is the growth trajectory for the Kraft Paper?

Which factors will drive market expansion in the coming years?

What are the most promising opportunities and emerging trends in this industry?

Who are the primary players, and what are their competitive strengths?

These critical questions, among others, are thoroughly addressed, along with projections of CAGR, market segmentation, and revenue streams. This report doesn’t just reveal the current market landscape but also serves as a strategic tool to anticipate market shifts.

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