This report describes and explains the kraft paper market and covers 2017-2022, termed the historic period, and 2022-2027 termed the forecast period, along with further forecasts for the period 2027-2032. The report evaluates the market across each region and for the major economies within each region.
The global kraft paper market reached a value of nearly $16,254.7 million in 2022, having grown at a compound annual growth rate (CAGR) of 2.1% since 2017. The market is expected to grow from $16,254.7 million in 2022 to $20,007.8 million in 2027 at a rate of 4.2%. The market is then expected to grow at a CAGR of 4.4% from 2027 and reach $24,868.5 million in 2032.
Growth in the historic period resulted from strong economic growth in emerging markets, rise in demand for ready-to-eat food products. growing e-commerce and rising inclination towards alternatives to plastics. Factors that negatively affected growth in the historic period were the easy availability and low cost of conventional plastics, fluctuating prices of raw materials and shift towards packaging free products.
Going forward, the increasing government support, increase in awareness and rapid urbanization will drive the growth. factors that could hinder the growth of the kraft paper market in the future the Russia-Ukraine war, the rising interest rates and reductions in free trade.
The kraft paper market is segmented by type into virgin natural kraft paper, natural recycled kraft paper, black kraft paper, colored kraft paper, white or bleached kraft paper and printed kraft paper. The virgin natural kraft paper market was the largest segment of the kraft paper market segmented by type, accounting for 30.3% of the total in 2022. Going forward, the natural recycled kraft paper segment is expected to be the fastest growing segment in the kraft paper market segmented by type, at a CAGR of 4.6% during 2022-2027.
The kraft paper market is segmented by packaging form into corrugated boxes, grocery boxes, industrial bags, wraps, pouches and envelopes. The corrugated boxes market was the largest segment of the kraft paper market segmented by packaging form, accounting for 38.1% of the total in 2022. Going forward, the pouches segment is expected to be the fastest growing segment in the kraft paper market segmented by packaging form, at a CAGR of 4.6% during 2022-2027.
The kraft paper market is segmented by end users into food and beverages, building and construction, electronics and electricals, cosmetic and personal care, textile manufacturing and other end users. The food and beverages market was the largest segment of the kraft paper market segmented by end users, accounting for 29.5% of the total in 2022. Going forward, the building and construction segment is expected to be the fastest growing segment in the kraft paper market segmented by end user, at a CAGR of 4.5% during 2022-2027.
The kraft paper market is segmented by grade into unbleached and bleached. The unbleached market was the largest segment of the kraft paper market segmented by grade, accounting for 65.0% of the total in 2022. Going forward, the unbleached segment is expected to be the fastest growing segment in the kraft paper market segmented by grade, at a CAGR of 4.6% during 2022-2027.
Asia Pacific was the largest region in the kraft paper market, accounting for 34.2% of the total in 2022. It was followed by North America, and then the other regions. Going forward, the fastest-growing regions in the kraft paper market will be South America and Asia Pacific where growth will be at CAGRs of 7.1% and 5.0% respectively. These will be followed by North America and Eastern Europe where the markets are expected to grow at CAGRs of 4.05% and 3.99% respectively.
The global kraft paper market is concentrated, with a small number of players dominating the market. The top ten competitors in the market made up to 45.09% of the total market in 2022. Mondi Group was the largest competitor with 9.89% of the market, followed by Stora Enso with 6.85%, WestRock with 5.47%, Smurfit Kappa with 5.07%, Klabin S.A. with 4.94%, Nine Dragons Paper Holdings with 4.60%, Billerud AB with 2.66%, Heinzel Group with 1.93%, Segezha Group with 1.88% and International Paper with 1.83%.
The top opportunities in the kraft paper market segmented by type will arise in the virgin natural kraft paper segment, which will gain $1,113.6 million of global annual sales by 2027. The top opportunities in the kraft paper market segmented by packaging form will arise in the corrugated boxes segment, which will gain $1,472.6 million of global annual sales by 2027. The top opportunities in the kraft paper market segmented by grade will arise in the unbleached segment, which will gain $2,634.9 million of global annual sales by 2027. The top opportunities in the kraft paper market segmented by end user will arise in the food and beverages segment, which will gain $1,150.4 million of global annual sales by 2027. The kraft paper market size will gain the most in the USA at $919.6 million.
Market-trend-based strategies for the kraft paper market include focus on new paper packaging, focus avoiding the need for extra plastic to develop new products, launch of new, innovative products to attract more customers, technological advancements to provide advance solutions, increasing investments to expand manufacturing capacities and partnerships and collaborations to strengthen product portfolio and geographic presence.
Player-adopted strategies in the kraft paper market include focus on strategic partnerships and collaborations to expand geographical reach, focus on strategic mergers and acquisitions and focus on increasing investments and facility expansions.
To take advantage of the opportunities, the analyst recommends the kraft paper companies to focus on new paper packaging, focus on avoiding need for extra plastic, focus on product innovations, focus on technological advancements, focus on increasing investments in manufacturing capacities, expand in emerging markets, continue to focus on developed markets, focus on strategic partnerships and collaborations, provide competitively priced offerings in low-income countries , participate in trade shows and events, continue to use B2B promotions, increase adoption of internet and social media , promote use of alternatives to plastics, and continue to target fast-growing end-users.
The global kraft paper market reached a value of nearly $16,254.7 million in 2022, having grown at a compound annual growth rate (CAGR) of 2.1% since 2017. The market is expected to grow from $16,254.7 million in 2022 to $20,007.8 million in 2027 at a rate of 4.2%. The market is then expected to grow at a CAGR of 4.4% from 2027 and reach $24,868.5 million in 2032.
Growth in the historic period resulted from strong economic growth in emerging markets, rise in demand for ready-to-eat food products. growing e-commerce and rising inclination towards alternatives to plastics. Factors that negatively affected growth in the historic period were the easy availability and low cost of conventional plastics, fluctuating prices of raw materials and shift towards packaging free products.
Going forward, the increasing government support, increase in awareness and rapid urbanization will drive the growth. factors that could hinder the growth of the kraft paper market in the future the Russia-Ukraine war, the rising interest rates and reductions in free trade.
The kraft paper market is segmented by type into virgin natural kraft paper, natural recycled kraft paper, black kraft paper, colored kraft paper, white or bleached kraft paper and printed kraft paper. The virgin natural kraft paper market was the largest segment of the kraft paper market segmented by type, accounting for 30.3% of the total in 2022. Going forward, the natural recycled kraft paper segment is expected to be the fastest growing segment in the kraft paper market segmented by type, at a CAGR of 4.6% during 2022-2027.
The kraft paper market is segmented by packaging form into corrugated boxes, grocery boxes, industrial bags, wraps, pouches and envelopes. The corrugated boxes market was the largest segment of the kraft paper market segmented by packaging form, accounting for 38.1% of the total in 2022. Going forward, the pouches segment is expected to be the fastest growing segment in the kraft paper market segmented by packaging form, at a CAGR of 4.6% during 2022-2027.
The kraft paper market is segmented by end users into food and beverages, building and construction, electronics and electricals, cosmetic and personal care, textile manufacturing and other end users. The food and beverages market was the largest segment of the kraft paper market segmented by end users, accounting for 29.5% of the total in 2022. Going forward, the building and construction segment is expected to be the fastest growing segment in the kraft paper market segmented by end user, at a CAGR of 4.5% during 2022-2027.
The kraft paper market is segmented by grade into unbleached and bleached. The unbleached market was the largest segment of the kraft paper market segmented by grade, accounting for 65.0% of the total in 2022. Going forward, the unbleached segment is expected to be the fastest growing segment in the kraft paper market segmented by grade, at a CAGR of 4.6% during 2022-2027.
Asia Pacific was the largest region in the kraft paper market, accounting for 34.2% of the total in 2022. It was followed by North America, and then the other regions. Going forward, the fastest-growing regions in the kraft paper market will be South America and Asia Pacific where growth will be at CAGRs of 7.1% and 5.0% respectively. These will be followed by North America and Eastern Europe where the markets are expected to grow at CAGRs of 4.05% and 3.99% respectively.
The global kraft paper market is concentrated, with a small number of players dominating the market. The top ten competitors in the market made up to 45.09% of the total market in 2022. Mondi Group was the largest competitor with 9.89% of the market, followed by Stora Enso with 6.85%, WestRock with 5.47%, Smurfit Kappa with 5.07%, Klabin S.A. with 4.94%, Nine Dragons Paper Holdings with 4.60%, Billerud AB with 2.66%, Heinzel Group with 1.93%, Segezha Group with 1.88% and International Paper with 1.83%.
The top opportunities in the kraft paper market segmented by type will arise in the virgin natural kraft paper segment, which will gain $1,113.6 million of global annual sales by 2027. The top opportunities in the kraft paper market segmented by packaging form will arise in the corrugated boxes segment, which will gain $1,472.6 million of global annual sales by 2027. The top opportunities in the kraft paper market segmented by grade will arise in the unbleached segment, which will gain $2,634.9 million of global annual sales by 2027. The top opportunities in the kraft paper market segmented by end user will arise in the food and beverages segment, which will gain $1,150.4 million of global annual sales by 2027. The kraft paper market size will gain the most in the USA at $919.6 million.
Market-trend-based strategies for the kraft paper market include focus on new paper packaging, focus avoiding the need for extra plastic to develop new products, launch of new, innovative products to attract more customers, technological advancements to provide advance solutions, increasing investments to expand manufacturing capacities and partnerships and collaborations to strengthen product portfolio and geographic presence.
Player-adopted strategies in the kraft paper market include focus on strategic partnerships and collaborations to expand geographical reach, focus on strategic mergers and acquisitions and focus on increasing investments and facility expansions.
To take advantage of the opportunities, the analyst recommends the kraft paper companies to focus on new paper packaging, focus on avoiding need for extra plastic, focus on product innovations, focus on technological advancements, focus on increasing investments in manufacturing capacities, expand in emerging markets, continue to focus on developed markets, focus on strategic partnerships and collaborations, provide competitively priced offerings in low-income countries , participate in trade shows and events, continue to use B2B promotions, increase adoption of internet and social media , promote use of alternatives to plastics, and continue to target fast-growing end-users.
Table of Contents
1. Executive Summary2. Table Of Contents3. List Of Figures4. List Of Tables5. Report Structure
6. Introduction And Market Characteristics
7. Major Market Trends
8. Global Market Size and Growth
9. Global Kraft Paper Market Segmentation
10. Kraft Paper Market, Regional and Country Analysis
11. Asia-Pacific Market
12. Western Europe Market
13. Eastern Europe Market
14. North America Market
15. South America Market
16. Middle East Market
17. Africa Market
18. Competitive Landscape And Company Profiles
19. Key Mergers And Acquisitions
20. Opportunities And Strategies
21. Kraft Paper Market, Conclusions And Recommendations
22. Appendix
Executive Summary
Kraft Paper Global Market Opportunities and Strategies To 2032 provides the strategists; marketers and senior management with the critical information they need to assess the global kraft paper market as it emerges from the COVID-19 shut down.Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 12 geographies.
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- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market research findings.
- Benchmark performance against key competitors.
- Utilize the relationships between key data sets for superior strategizing.
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Description:
Where is the largest and fastest-growing market for kraft paper? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The kraft paper market global report answers all these questions and many more.The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market’s history and forecasts market growth by geography. It places the market within the context of the wider kraft paper market; and compares it with other markets.
The report covers the following chapters
- Introduction and Market Characteristics - Brief introduction to the segmentations covered in the market, definitions and explanations about the kraft paper market.
- Key Trends - Highlights the major trends shaping the global kraft paper market. This section also highlights likely future developments in the market.
- Global Market Size and Growth - Global historic (2017-2022) and forecast (2022-2027, 2032F) market values, and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
- Regional and Country Analysis - Historic (2017-2022) and forecast (2022-2027, 2032F) market values and growth and market share comparison by region and country.
- Market Segmentation - Contains the market values (2017-2022) (2022-2027, 2032F) and analysis for each segment by type, by packaging form, by grade, and by end user in the market.
- Regional Market Size and Growth - Regional market size (2022), historic (2017-2022) and forecast (2022-2027, 2032F) market values, and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
- Competitive Landscape - Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
- Key Mergers and Acquisitions - Information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions, which have shaped the market in recent years.
- Market Opportunities And Strategies - Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
- Conclusions And Recommendations - This section includes recommendations for kraft paper providers in terms of product/service offerings geographic expansion, marketing strategies and target groups.
- Appendix - This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
Scope
Markets Covered:
1) By Type: Virgin Natural Kraft Paper; Natural Recycled Kraft Paper; Black Kraft Paper; Colored Kraft Paper; White or Bleached Kraft Paper; Printed Kraft Paper2) By Packaging Form: Corrugated Boxes; Grocery Boxes; Industrial Bags; Wraps; Pouches; Envelopes
3) By End User: Food And Beverages; Building And Construction; Electronics And Electricals; Cosmetic And Personal Care; Textile Manufacturing; Other End Users
4) By Grade: Unbleached; Bleached
Companies Mentioned: Mondi Group; Stora Enso; WestRock; Smurfit Kappa; Klabin S.A
Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Brazil; France; Germany; UK; Russia
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time-series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; kraft paper indicators comparison.
Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Companies Mentioned
- Mondi Group
- Stora Enso
- WestRock
- Smurfit Kappa
- Klabin S.A
- Nine Dragons Paper Holdings
- Billerud AB
- Heinzel Group
- Segezha Group
- International Paper
- JB Craft Paper LLP
- BN Papers
- Blue Mount Paper and Boards Limited
- Shree Krishna Paper Mills and Industries Ltd
- Millenium Overseas
- Prima Papers LLP
- Diyan Papers LLP
- Shri Brahma Paper Mill Pvt
- - Kamishigen Co., Ltd
- Arrowfield Co., Ltd
- TF Group
- Zhengzhou SF Paper Factory
- Linqu Hengsen Packaging Materials Co., Ltd
- Chengdu Qingya Paper Industries Co., Ltd
- Golden Paper Co., Limited
- Rise Star Holdings Limited
- Hebei Feiyue Industry Co.,Ltd
- Qiongdao Sanshi Paper Co., Ltd
- Pg Paper Co., Ltd
- Comet Packaging
- Expack Uk
- Somic Textiles Ltd
- Varad Papers Pvt Ltd
- Sunflower Packaging Co., Ltd
- Skybridge Albion Ltd
- Richmond Papers Ltd
- Ecopacksnab
- Chestnyi Chek LLC
- Segezha Group
- Ilim Group
- Veiro Pro
- Meltic Ltd.
- Papertec, Inc
- Deluxe Packaging
- Steelson Packaging
- WestRock Company
- International Paper
- KapStone Paper and Packaging Corporation
- Georgia-Pacific LLC
- Packaging Corporation of America (PCA)
- Domtar Corporation
- Hood Packaging Corporation
- Norampac Inc
- Klingele Paper and Packaging Group
- Paper Excellence
- Klabin
- Santher
- gKraft paper
- Paperindex
- CMPC Biopackaging
- Andritz Chile Ltd
- Arabian Kraft Paper Manufacturing LLC
- Kraft Paper and Paper Liners
- Kraft Paper Bag
- R3s Paper Bags Works
- Al Wahdania Shipping and Cargo
- Aetreum
- APL International
- Zdpacks Manufacturing Llc
- CPpack
- RBE Stationery Manufacturers
- Corruseal Group
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 341 |
Published | October 2023 |
Forecast Period | 2021 - 2031 |
Estimated Market Value ( USD | $ 16.3 Billion |
Forecasted Market Value ( USD | $ 24.9 Billion |
Compound Annual Growth Rate | 4.3% |
Regions Covered | Global |
No. of Companies Mentioned | 72 |