Global Sack Kraft Paper Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Packing Type;

Valve Sacks and Open Mouth Sacks.

By Grade;

Kraft, Semi-extensible and Extensible.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn389045935 Published Date: March, 2024 Updated Date: April, 2024

Introduction

Global Sack Kraft Paper Market (USD Million), 2020 - 2030

In the year 2023, the Global Sack Kraft Paper Market was valued at USD 37,434.54 million. The size of this market is expected to increase to USD 49,195.03 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 4.0%.

The global sack kraft paper market is a crucial segment within the broader paper and packaging industry, driven by the demand for sustainable, cost-effective, and versatile packaging solutions across various sectors. Sack kraft paper, known for its high strength, durability, and eco-friendliness, serves as a preferred choice for packaging a wide range of products, including cement, chemicals, food grains, animal feed, and industrial materials.

At the heart of the sack kraft paper market lies the need for reliable and robust packaging solutions that can withstand the rigors of transportation, storage, and handling while also providing protection against moisture, tearing, and punctures. Sack kraft paper, with its inherent strength and tear resistance, fulfills these requirements, making it indispensable in industries where packaging plays a critical role in preserving product quality and integrity.

One of the primary drivers of the global sack kraft paper market is the rapid growth of the construction industry, particularly in emerging economies. Sack kraft paper is extensively used for packaging cement and other construction materials due to its ability to withstand the weight and rough handling associated with bulk packaging. The ongoing infrastructure development projects, urbanization trends, and increasing construction activities in regions such as Asia-Pacific and Latin America fuel the demand for sack kraft paper packaging solutions.

The food industry represents a significant market segment for sack kraft paper, driven by the need for safe and hygienic packaging materials. Sack kraft paper is widely employed for packaging food grains, flour, sugar, rice, and other agricultural products due to its natural and non-toxic properties. With consumers becoming increasingly conscious about food safety and sustainability, sack kraft paper emerges as an ideal choice for eco-friendly and recyclable packaging solutions.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Packing Type
    2. Market Snapshot, By Grade
    3. Market Snapshot, By Region
  4. Global Sack Kraft Paper Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand from Packaging Industry

        2. Rise in Construction and Building Materials Sector

        3. Growing Agricultural Activities

      2. Restraints
        1. Substitution by Plastic Packaging

        2. Volatility in Raw Material Prices

        3. Intense Market Competition

      3. Opportunities
        1. Increasing Demand for Sustainable Packaging Solutions

        2. Expansion of E-commerce and Online Retailing

        3. Growth in Construction and Building Materials Industry

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Sack Kraft Paper Market, By Packing Type, 2022 - 2032 (USD Million)
      1. Valve Sacks

      2. Open Mouth Sacks

    2. Global Sack Kraft Paper Market, By Grade, 2022 - 2032 (USD Million)
      1. Kraft

      2. Semi-extensible

      3. Extensible

    3. Global Sack Kraft Paper Market, By Geography, 2022 - 2032 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Mondi PLC
      2. International Paper Company
      3. KapStone Paper and Packaging Corporation
      4. Canfor Corporation
      5. Gascogne Group
  7. Analyst Views
  8. Future Outlook of the Market

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