The global Kraft Paper market is forecast to reach USD 60.49 Billion by 2027, according to a new report by Reports and Data. The rise of packaging in the application industries, such as import and export, food and beverages, construction, electricity and electronics, and manufacturing, should infuse growth. E-commerce was the most crucial application segment for corrugated boxes, containers, and sheets due to the boom in the online shopping industry. The growing demand for corrugated cardboard packaging made from Kraft Papers for electronics, glassware, and food products ordered online is expected to stimulate the market over the forecast period.

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Competitive Landscape:

Smurfit Kappa, Groupo Europac, Astron Paper & Board Mill, Eagle Paper International, Inc., Thai Paper Mill Company Limited, International Paper, Hazel Mercantile Limited, Mondi Group, Nippon Paper Industries, and BillerudKorsnas AB have been profiled in the report. They are the major manufacturers of the product.

The players operating in the market have undertaken several strategies related to the market in the period 2017-2020. The key highlight is:

• Nippon Paper Industries Co., Ltd. and Shikoku Kakoki Co., Ltd. have collectively developed "NSATOM," an aseptic filling system for paper packaging based on latest concepts that support the filling involving particles, high viscosity, and long fibers, and also enables ambient distribution. The two companies launched "NSATOM" in 2019.

 Market Overview:

The packaging industry is rapidly expanding in terms of revenue in the recent years, and is expected to register rapid revenue CAGR throughout the forecast period of 2021 to 2028. Rapid revenue growth is attributed to factors such as rising global population, changing lifestyle, increasing disposable income and rapid growth of the e-commerce sector. Increasing penetration of internet, social media, improving standard of living and rapid growth in the doorstep deliveries are some other factors boosting global market revenue growth. In addition, various manufacturers are focusing on offering sustainable packaging to cater to rising environmental concerns. Local dealers are focusing on innovative packaging to attract consumers.  

Key questions addressed in the report:

• What size is the global Kraft Paper market expected to reach over the forecast period?
• Which revenue CAGR is the global market expected to register throughout the forecast period?
• Which factors are expected to hamper global market growth during the forecast period?
• Which key factors are expected to driver global Kraft Paper market throughout the forecast period?
• Which application segment is expected to register fastest revenue CAGR between 2021 and 2027?
• Which region is expected to register fastest revenue CAGR throughout the forecast period?
• What are the key outcomes of Porter’s Five Forces analysis and SWOT analysis?

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Global Kraft Paper Market Segmentation:

Type Outlook:

• Unbleached
• Bleached

Applications Outlook:

• Food and Beverages
• Agriculture
• Consumer Goods
• Electrical and Electronics

Regional Analysis covers:

• North America
  • S.
  • Canada
  • Mexico
• Europe
  • Germany
  • Italy
  • K.
  • Rest of EU
• Asia Pacific
  • India
  • China
  • Japan
  • South Korea
  • Rest of APAC
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America
• Middle East & Africa
  • Saudi Arabia
  • South Africa
  • A.E
  • Rest of MEA

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