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2020-03-12
650
Global
Kraft paper is a paper or paperboard that has a more high strength and high tear resistance. It is largely used in the packaging industry and is made from wood pulp or recycling materials and adding chemicals to increase its fiber’s strength, thickness, and durability while maintaining the light weighted property. The growing environmental concerns to use recyclable and degradable packages have led to a rise in the demand for Kraft papers. Kraft papers have a rising trend of manufacturing it through natural recycling which has though lesser strength than virgin natural craft paper, but it is more eco-friendly and still has enough strength to fill void applications. The growing packaging industry and paper industry is largely driving the growth of the global kraft paper market.
Moreover, there is a huge demand for printed craft paper, as the packaging of products such as sandwiches or burgers or shoes also has the company name and logo printed that makes it appealing to the customers. Kraft papers are available in different forms as per the business requirement, thus ranging from kraft paper rolls to kraft paper sheets. Moreover, for packaging the metal objects, poly coated kraft paper is largely used. Further, the government of various countries has mandated to use paper as a packaging substitute; kraft paper where strength is required which has provided the manufacturers an advantageous position and earn higher profits.
By Product
By Application
By End-User
By Geography
Based on product, virgin natural craft paper accounted for the highest market share of 48.3% in 2017 owing to its multiple applications for its high strength and tear resistant properties.
Based on geography, North America and Western Europe dominated the global kraft paper market share in 2017 with the U.S. accounted for 28.3% and Europe with 25.1%, owing to stringent environmental regulations that propel the application of craft papers. Asia-Pacific region has the fastest growing packaging industry, which thus provides huge growth prospects for the growth of kraft paper packaging market in the region.
Our Global kraft paper market report comprises of the following companies as the key players.
The report covers the present ground scenario and the future growth prospects of the kraft paper market for 2017-2025 along with the market players’ analysis. We calculated the market size and revenue share on the basis of revenue generated from major players in the Global region.
Global Kraft Paper Market Outlook 2017-2025, has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the Global kraft paper market space. The report also includes Porter's five force model, SWOT analysis, company profiling, business strategies of market players and their business models. “Global Kraft Paper Market Report” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide a competitive advantage to the existing and new entry players.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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