Global Kraft Paper Market Size, Share And Growth Analysis For 2024-2033

The Business Research Company's Kraft Paper Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033

LANDON, GREATER LANDON, UK, July 17, 2024 /EINPresswire.com/ -- The kraft paper market has experienced robust growth in recent years, expanding from $17.06 billion in 2023 to $17.88 billion in 2024 at a compound annual growth rate (CAGR) of 4.8%. The growth in the historic period can be attributed to strong economic growth in emerging markets and, rise in demand for ready-to-eat food products. growing e-commerce and rising inclination towards alternatives to plastics.

Strong Future Growth Anticipated
The kraft paper market is projected to continue its strong growth, reaching $21.29 billion in 2028 at a compound annual growth rate (CAGR) of 4.5%. The growth in the forecast period can be attributed to the increasing government support, increase in awareness, and rapid urbanization.

Explore Comprehensive Insights Into The Global Kraft Paper Market With A Detailed Sample Report:
https://www.thebusinessresearchcompany.com/sample_request?id=8089&type=smp

Growth Driver Of The Kraft Paper Market
The rapidly expanding packaging business is driving the kraft paper market. Kraft Paper is used in industrial and commercial packaging operations such as packing, wrapping individual items, bundling, and void fill because of its strength and durability. For instance, according to a report by Packaging Digest, in 2021, packaging was a trillion-dollar industry with industrial packaging, food packaging, and beverage packaging contributing to maximum sales. Therefore, the rapid expansion of the packaging business will propel the kraft paper market.

Explore The Report Store To Make A Direct Purchase Of The Report:
https://www.thebusinessresearchcompany.com/report/kraft-paper-global-market-report

Major Players And Market Trends
Key players in the kraft paper market include 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.
Product Innovation is a key trend gaining popularity in kraft paper. Companies operating in the kraft paper market are introducing innovative specialty products with better durability and application.

Segments:
1) By Type: Virgin Natural Kraft Paper, Natural Recycled Kraft Paper, Black Kraft Paper, Colored Kraft Paper, White or Bleached Kraft Paper, Printed Kraft Paper
2) By Packaging Form: Corrugated Boxes, Grocery Boxes, Industrial Bags, Wraps, Pouches, Envelopes
3) By Grade: Unbleached, Bleached
4) By End User: Food And Beverages, Building And Construction, Electronics And Electricals, Cosmetic And Personal Care, Textile Manufacturing, Other End Users

Geographical Insights: North America Leading The Market
North America was the largest region in the kraft paper market in 2023.

Kraft Paper Market Definition
Kraft paper is made by the sulfate pulping process and it is of various grades such as bleached, unbleached, and others. The kraft paper is used for the packaging of materials.

Kraft Paper Global Market Report 2024 from The Business Research Company covers the following information:
• Market size data for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Trends, opportunities, strategies and so much more.
The Kraft Paper Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on kraft paper market size, kraft paper market drivers and trends, kraft paper market major players, kraft paper competitors' revenues, kraft paper market positioning, and kraft paper market growth across geographies. The kraft paper market report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.

Browse Through More Similar Reports By The Business Research Company:
Print Media Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/print-media-global-market-report

Office Supplies (Except Paper) Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/office-supplies-except-paper-manufacturing-global-market-report

Newspaper And Magazines Publishers Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/newspaper-magazines-publishers-global-market-report

About The Business Research Company
The Business Research Company has published over 27 industries, spanning over 8000+ markets and 60+ geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.

Global Market Model – Market Intelligence Database
The Global Market Model, The Business Research Company’s flagship product, is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets that help its users assess supply-demand gaps.

Contact Information
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293

Oliver Guirdham
The Business Research Company
+44 20 7193 0708
info@tbrc.info
Visit us on social media:
Facebook
X
LinkedIn