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Kraft Papers Market By Type (Virgin Natural Kraft Paper, Natural Recycled Kraft Paper, Black Kraft Paper, Colored Kraft Paper, White or Bleached Kraft Paper, Printed Kraft Paper); By Application (Packaging, Pallet Uses, Paint Masking, Floor Covering, Others); By End User (Food and beverage, Home and personal care, Paper and Packaging Industry, Retail, Others) - Global Historical Growth (2012-2016) & Future Outlook (2017-2024) Demand Analysis & Opportunity Evaluation

Published On : 11:50 PM, 19th April, 2018 REP-ID-580 Category: Packaging

Kraft Papers Market Overview

Kraft papers are referred to a paper or paperboard which is used for various applications such as packaging and others. Kraft paper is a porous along with high elasticity and high tear resistance. Kraft paper is designed for packaging products with high demands for strength and durability. Kraft papers are light in weight and tough in physical properties. Kraft papers have no harmful effect on environment.

Market Size and Forecast

Global kraft papers market is anticipated to flourish at a CAGR of 5.5% over the forecast period. Further, evolution of packaging industry along with growing concerns for waste disposal is predicted to foster the growth of global kraft papers market.

The global kraft papers market is segmented by type, by application, by end user and by region. On the basis of application, the market is segmented into packaging, pallet uses, paint masking, floor covering and others. Moreover, packaging is expected to account a highest CAGR by the end of 2024. Furthermore, rising adoption of bio-degradable packaging by various industries such as food & beverage and pharmaceuticals industries is providing unmatched opportunities for the kraft papers packaging manufacturers to grow and diversify their portfolio. Apart from this, virgin natural kraft paper segment by type is anticipated to capture a remarkable CAGR during the forecast period. Moreover, the factor riding the market of virgin natural kraft paper includes rising demand for high level of tear resistance for branded packaging and protective layering. In addition to this, various industries are adopting virgin natural kraft paper for packaging their products.

In the regional platform, Asia-Pacific region is estimated to be the biggest market of kraft papers in 2016. Additionally, Asia-Pacific region is believed to continue its dominance during the forecast period owing to huge adoption of kraft papers by various packaging industries. The major countries witnessing the augmented demand for kraft papers are Japan, China and India. Likely, rising adoption of clean packaging products and favorable government initiatives are envisioned to foster the growth of kraft papers market in the region.

Kraft paper

North America and Europe regions are believed to grab significant CAGR over the forecast period. Further, U.S. accounted for the largest market of kraft papers in North America region owing to stringent environmental regulations taken by government for the environmental safety. Further, urbanization has increased the awareness among the consumers regarding sustainable packaging which is expected to positively impact the growth of the North America kraft papers packaging market over the forecast period. Further, vendors are introducing biodegradable and sustainable forms of packaging to cater to the growing demand for eco-friendly packaging products. These factors are believed to augment the demand for kraft papers in North America region.

Europe is anticipated to witness a tremendous growth during the forecast period. Further, Western Europe countries such as U.K. and France are the major countries witnessing the augmented demand for kraft papers owing to growing environmental concerns. Moreover, numerous environmental programs initiated by government are also projected to foster the growth of kraft papers market in Europe region.  

Market Segmentation

Our in-depth analysis has segmented global kraft papers market into the following segments:

By Type

  • Virgin Natural Kraft Paper
  • Natural Recycled Kraft Paper
  • Black Kraft Paper
  • Colored Kraft Paper
  • White or Bleached Kraft Paper
  • Printed Kraft Paper

By Application

  • Packaging
    • Food & Beverage packaging
    • Healthcare packaging
    • Personal care packaging
    • Others
  • Pallet Uses
  • Paint Masking
  • Floor Covering
  • Others

By End user

  • Food and beverage
  • Home and personal care
  • Paper and Packaging Industry
  • Retail
  • Others

By Region

Global kraft papers market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of Asia) Market size, Y-O-Y growth & Opportunity Analysis.
  • Middle East and Africa (GCC, North Africa, South Africa, Rest of Middle East) Market size, Y-O-Y growth & Opportunity Analysis

kraft papers market share

Growth Drivers and Challenges

Factor such as rising adoption of kraft papers for packaging of various food products is projected to boost the demand for kraft papers by the end of 2024. Likely, growing concerns related to waste generation along with increasing demand for eco-friendly packaging materials are predicted to positively impact the growth of kraft papers market. Moreover, rising environmental concerns and growing public awareness about eco-friendly packaging are envisioned to be the dynamic factor behind the rapid growth of kraft papers market over the forecast period.

Moreover, strict governmental policies for the safety of environment coupled with introduction of various programs to aware population regarding advantages of kraft papers packaging is one of the major factors behind the growth of kraft papers market. Further, innovative kraft papers products with high tear resistance are also believed to flourish the growth of kraft papers market. Moreover, improving lifestyles due to rise in income level and increasing consumption of end use products such as food, medicines, drinks and others, especially in the developed countries is the key factor fueling the demand for eco-friendly packaging which in predicted to flourish the growth of kraft papers market.

However, lack of implementation of laws in underdeveloped nation regarding plastic packaging is anticipated to hinder the growth of the kraft papers market globally.

Key Players

  • Mondi Group
    • Company Overview
    • Key Product Offerings
    • Business Strategy
    • SWOT Analysis
    • Financials
  • Genus Paper & Boards Limited.
  • Canadian Kraft Paper Industries Ltd.
  • SSI Packaging Group
  • Pudumjee Paper Products
  • Uline
  • CTI Paper Group Company
  • Komar Alliance LLC
  • French Paper Co.
  • Goodwin Robbins Packaging Company Inc.

Scope and Context

Overview of the Parent Market

Analyst View

Segmentation

The global kraft papers market is segmented as follows:

  • By Type Market Size & Y-O-Y Growth Analysis
  • By Application Market Size & Y-O-Y Growth Analysis
  • By End user Market Size & Y-O-Y Growth Analysis
  • By Region Market Size & Y-O-Y Growth Analysis

Market Dynamics

Supply & Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

Key Information for Players to establish themselves in current dynamic environment

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