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Kraft Packaging Market Size Analysis
According to a recent survey conducted by ChemView Consulting, the Global Kraft Packaging Market grew at a CAGR of 4.1% between 2017-2021 and is estimated to be US$ 30547.8Mn in 2022. Currently, the market is anticipated to grow at a CAGR of 4.6% and is expected to reach a valuation of US$ 47,895.7Mn by 2032 end.
Due to its many advantages, including recyclability, cost-effectiveness, ease of customization and printing, ease of shipping, and high compatibility, Kraft packaging is dominating the market. It is employed in several sectors, including e-commerce, cosmetics, personal care, food and beverage, and building and construction.
The primary purpose of packing is to keep goods safe while being delivered and until customers receive them. The product is protected while transported by the high tear strength, resistance to breaking under pressure, and resistance to strain. Kraft packaging functions extraordinarily well in terms of use, application, environmental protection, and style.
Market Dynamic
THE RISING POPULARITY OF BROWN PAPER PACKAGING WILL AUGMENT THE GROWTH
The popularity of fast-food restaurants is rising. Because of their busy schedules, customers are ordering food from restaurants, and ready-to-eat food consumption has increased.
Not all packaging is appropriate for storing food items since some of the materials include chemicals that degrade the flavor and freshness of the food. Given that it doesn’t have any dangerous chemicals, maintains food quality, and doesn’t alter the taste of the food, kraft packaging is regarded as one of the best methods for storing food.
RAPID GROWTH IN ECOMMERCE RETAIL WILL FUEL SALES OF KRAFT PACKAGING
Sustainable packaging is crucial since e-commerce packaging serves as a channel for customer communication. Kraft packing significantly reduces unnecessary overspray, further assisting in cost-saving measures. Kraft containers are considerably lighter than plastic containers, which results in less expensive transportation. Kraft packaging is inexpensive, making it a popular option for e-commerce businesses.
Market Segments Covered in Report
By Product Type:
By Packaging Type:
By End-Use:
By Region and Country:
Segment-Wise Analysis
How will rapid growth in ecommerce retail fuel sales of kraft packaging?
Sustainable packaging is vital since e-commerce packaging serves as a channel for communicating with customers. Kraft packing efficiently reduces unnecessary overspray, which additionally aids in cost-saving. Kraft packaging is significantly lighter than plastic packaging, which results in lower transportation costs. Given its low cost, kraft packaging is becoming increasingly popular with e-commerce businesses.
Region-Wise Analysis
The regions analyzed for the market include North America, Europe, Latin America, Asia Pacific, Middle East, and Africa.
Competition Analysis
Leading manufacturers of kraft packaging employ various marketing strategies, such as collaborations, acquisitions, and business growth. They are also concentrating on introducing new products to increase its global footprint.
A list of some of the key suppliers present in the market are:
Report Coverage and Highlights
| Research Scope | Details |
| Forecast period | 2022-2032 |
| Historical data available for | 2017-2021 |
| Market analysis | USD Million for Value and Tons for Volume, and CAGR from 2022 to 2032 |
| Key regions covered | North America, Latin America, Europe, Asia-Pacific, Middle East, and Africa |
| Key countries covered | US, Canada, Brazil, Mexico, Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Saudi Arabia, Turkey, UAE, South Africa, Nigeria, Egypt |
| Key segments covered | By Product Type, Packaging Type, End-Use, and Region |
| Customization scope | Available upon Request |
| Pricing and purchase options | Available upon Request |
Frequently Asked Questions
In the forecast period between 2022 and 2032, the market is expected to grow at a CAGR of 4.6%.
The rising popularity of brown paper packaging will augment the growth
Major global Kraft Packaging Market players are Amcor plc, DS Smith, Packaging Boxes Pro, Sappi Limited, International Paper Inc., Fshiny Packaging Manufacturer, Canadian Kraft Paper Ltd., Foshan DXC Packaging Co., Ltd., WestRock Company, Stora Enso Oyj, Smurfit Kappa Group plc, Nippon Paper Group, Mondi Group Plc., Ahlstrom-Munksjö Oyj, BillerudKorsnäs AB, Sukraft Papers Private Limited, French Paper Company, Gráficas Digraf, Swiss Pac Pvt. Ltd., Rovi Packaging, S.A.
The Kraft paper sector mostly meets the packaging industry’s needs. As a result, the Kraft paper market is directly impacted by the regulations placed on the packaging industry about food and drink, industrial packaging, pharmaceuticals, building & construction, and other consumer goods.
Countries like China, Sweden, Japan, India, and South Africa emerged as growing Kraft paper markets.
Asia Pacific Region is expected to account for the largest market revenue share in the Global Kraft Packaging market.
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