Saturated Kraft Paper Market - Forecasts from 2024 to 2029

The saturated kraft paper market is estimated to grow at a CAGR of 3.76% during the forecast period.

This is mostly due to the increased use of saturated kraft paper in the growing building and construction industry. It has a low environmental effect since it can be recycled. This paper has a variety of advantages, including tear resistance, product uniformity, a high degree of porosity, eco-friendliness, rigidity, and others, making it excellent for the building and construction sector. Saturated kraft paper has the distinct ability to imitate materials such as wood, stone, and leather. As a result, it is a popular choice for creating trendy interiors.

Introduction:

Saturated kraft paper is a form of specialty paper that is created from sawdust and has strength and other characteristics. Saturated kraft paper offers a wide range of uses, including countertops, flooring, dividers, and storage. Saturated kraft paper has a low environmental effect since it can be recycled. This paper has several advantages, including tear resistance, product uniformity, a high degree of porosity, eco-friendliness, rigidity, and others, making it suited for the building and construction sector. Furthermore, the saturated kraft paper acts as a moisture barrier and is anti-moisture. Saturated kraft paper is used in laminates, which brings uniformity and consistency to a product. In general, chemicals are added to kraft paper, resulting in durability, thickness, and high strength. The rising demand for attractive laminates and surfaces propels the global expansion of the saturated kraft paper industry. Moreover, the significant increase in demand for decorative and compact saturating kraft paper due to its superior finishing and aesthetic appearance is expected to boost the saturating kraft paper market during the forecast period.

Drivers:

• Growing demand from the construction industry is anticipated to fuel the market expansion: Consumer preferences for interior design and changing lifestyles are projected to drive growth in the saturated kraft paper industry. Construction investment is likely to increase in both developed and emerging countries, providing prospects for expansion for the saturated kraft paper makers. Manufacturers polish plywood surfaces with ornamental laminates. Laminates are available in a range of textures, including stone, marble, abstract, and bespoke printing. The rising usage of modern interiors is projected to enhance demand for laminate flooring, assisting in the expansion of the saturated kraft paper industry.
• Rising demand for biodegradable packaging alternatives is likely to positively impact market growth:  The market is expected to expand more if the desire for biodegradable packaging as an alternative to plastic is accepted. Growing awareness of the risks associated with plastic use among environmentalists and policymakers is forcing them to focus on more environmentally friendly alternatives, which is encouraging industry expansion.
• The availability of customized saturated kraft paper is adding to market growth: Key companies in the saturated kraft paper manufacturing industry are focused on supplying customized saturated kraft paper for laminate floorings. Laminate flooring is a more cost-effective solution for flooring than ceramics and other woody materials. Laminate producers provide a wide range of design possibilities to consumers which is eventually influencing the market dynamics.
• The saturated kraft paper is durable and has high strength: Saturated kraft paper is created from sawdust and is flexible, rigid, and can resist high strain. They are soaked in resin or other saturating chemicals to improve their characteristics. Saturated kraft paper has characteristics such as strong strength, water resistance, and durability. Saturated kraft sheets are mostly used in the commercial and residential sectors.  Saturated kraft paper operates as a moisture-resistant material. They are commonly utilized in applications such as worktops, dividers, shelves, floors, panels, cabinets, and so on. Rising utilization in these applications is likely to improve saturated kraft paper sales.
• Increasing adoption of digital printing predicted to boost market dynamics: The use of digital printing on saturated kraft paper is becoming more popular, due to the convenience and ease of use, industries have recently begun to use digital printing as their primary printing technology. Saturated kraft paper businesses can benefit from visually attractive, aesthetic packaging design and a memorable unpacking experience.

Products offered by key companies:

• RELIAKRAFT® SATURATING PAPER, WestRock Company: ReliaKraft Saturating Paper is a single-ply, unsized, or kraft sheet made particularly for absorbing saturating medium. These highly specialized ReliaKraft paper grades are tailored to satisfy the specific requirements of different saturating media and end-use applications.
• ABSORBEX, MM Kotkamills: MM Kotkamills produces the leading global laminating paper brand, Absorbex® Saturating Kraft Paper (SKP). Their high-quality Saturating Kraft Papers are precisely tailored to the end-user requirements. Absorbex® is utilized in both high-end design goods and daily applications requiring great durability.

The prominent growth in the Food and beverages sector under the end-user segment

Throughout the forecast period, the industrial category is anticipated to see a consistently rapid revenue growth rate in the global saturated kraft paper market, because of its strength and durability, kraft paper has extensive usage in a variety of industrial applications. Its rigid box applications are widely utilized in the production of sterile medical packaging. Furthermore, they are employed in direct sealing procedures for reels and pouches. Additionally, Kraft paper provides barrier properties for a range of adhesive and wound care applications. Kraft sheets offer high strength and great uniformity on the machine side, making them perfect for coating and laminating. In regions with very high stiffness and excellent dimensional stability, tunability is regulated.

The Asia Pacific region is expected to hold a significant share of the saturated kraft paper market:

The Asia Pacific region is poised to expand significantly over the forecast period. The Asia-Pacific kraft paper market is anticipated to grow due to increased demand for kraft papers in densely populated regions such as India and China, where kraft paper is primarily utilized in the creation of packaging to ensure cost savings, sustainability, and safety.  There is also a rise in the availability of kraft papers, which are used in the production of bundles. The increased usage of kraft papers in the Asia-Pacific area is likely to boost the growth of the kraft paper industry in the healthcare, consumer durables, meat and beverage, building, and manufacturing sectors.

Key developments:

• In June 2022,  Stora Enso introduced AvantForte WhiteTop, a new 100% virgin fiber-based kraftliner that will be commercially available. The white top kraft liner is aimed at high-end markets such as fresh food, e-commerce, and shelf-ready packaging. AvantForte WhiteTop kraftliner is designed to suit the needs of brand owners who want safe, high-performance, and plastic-free packaging. The novel product will be used in applications that demand high strength, purity, and visual attractiveness. 

Segmentation:

By Paper Grade Outlook

• Bleached
• Unbleached

By Weight

• Less than 50 GSM
• 50-100 GSM
• 101-200 GSM
• More than 200 GSM

By Application

• Flooring
• Shelving
• Partition
• Countertops
• Panels
• Others

By End-Use

• Industrial
• Residential

By Geography

• North America
• United States
• Canada
• Mexico
• South America
• Brazil
• Argentina
• Others
• Europe
• United Kingdom
• Germany
• France
• Italy
• Spain  
• Others
• Middle East and Africa
• Saudi Arabia
• UAE
• Others
• Asia Pacific
• Japan
• China
• India
• South Korea
• Taiwan
• Thailand
• Indonesia
• Others