The U.A.E. kraft paper market is a dynamic sector witnessing robust growth driven by the country's commitment to sustainable packaging solutions. This market is driven by the increasing demand for eco-friendly packaging solutions and the growing emphasis on sustainability. With its recyclable and biodegradable properties, kraft paper is a favored choice for various applications such as packaging, crafting, bookbinding, and envelopes. It is valued for its strength, recyclability, and natural appearance. U.A.E. industries are adopting kraft paper solutions, aligning with green initiatives and environmental responsibility, shaping a promising and sustainable future for the region's paper market.
Access Full Report @ https://www.databridgemarketresearch.com/jp/reports/uae-kraft-paper-market
Data Bridge Market Research analyses that the U.A.E. Kraft Paper Market, which was USD 433.88 million in 2022, is expected to reach USD 584.72 million by 2030 and is expected to undergo a CAGR of 3.80% during the forecast period 2023-2030. Due to its exceptional folding resistance and durability, the packaging industry's escalating demand for kraft paper is driven by the need for high-strength compression performance during product transportation, fostering market growth.
Key Findings of the Study
Rising demand for kraft paper in the food sector is expected to drive the market's growth rate
The food sector is experiencing a rising demand for kraft paper, particularly natural kraft paper, known for its strength. This sturdy paper variety is commonly employed to package various food items, including dried fruits, sugar, flour, and vegetables. Its utilization in food packaging is primarily driven by the need to ensure food safety, making it a preferred choice. Consequently, the demand for kraft paper in the food industry is growing due to its vital role in providing reliable and secure packaging solutions.
Report Scope and Market Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2023 to 2030
|
|
Base Year
|
2022
|
|
Historic Years
|
2021 (Customizable to 2015-2020)
|
|
Quantitative Units
|
Revenue in USD Million, Volumes in Units, Pricing in USD
|
|
Segments Covered
|
Product (Specialty Kraft Paper, Sack Kraft Paper), Grade Type (Bleached, Unbleached), Type (Virgin Natural Kraft Paper, Natural Recycled Kraft Paper, Black Kraft Paper, Coloured Kraft Paper, White or Bleached Kraft Paper, Printed Kraft Paper), Finish Type (Glazed, Finished), Packaging Form (Bags and Pouches, Sacks, Envelopes, Corrugated Sheets, Composite Cans, Cartons), End User (Food and Beverages, Pharmaceutical, Building and Construction, Cosmetic and Personal Care, Electronics and Electricals, Other)
|
|
Market Players Covered
|
Mondi (U.K.), Segezha group (Russia), Klabin SA (Brazil), Billerudkorsnas (Sweden), Stora Enso (Finland), Daio Paper constrution (Japan), Nordic Paper (Sweden), Glatfelter (U.S.), Gascogne Papier (Austria), Glatfelter Corporation (U.S.), Tokushu Tokai Paper Co., Ltd. (Japan), Goodwin Robbins Packaging Company Inc.(U.S.), Oji Holdings Corporation (Japan), CTI Paper USA (U.S.), Canfor (Canada), Genus Paper & Boards Limited (India), Georgia-Pacific (U.S.) Canadian Kraft Paper Ltd.(Canada), Fujian Qingshan Paper Co., Ltd. (China), Smurfit Kappa (U.S.), WestRock Company (Ireland), SCG PACKAGING (Thailand), International Paper (U.S.)
|
|
Data Points Covered in the Report
|
In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behaviour.
|
Segment Analysis:
The U.A.E. kraft paper market is segmented on the basis of product, grade type, type, finish type, packaging form, and end user.
- On the basis of product, the U.A.E. kraft paper market is segmented into specialty, and sack kraft paper
- On the basis of grade type, the U.A.E. kraft paper market is segmented into bleached, and unbleached
- On the basis of type, the U.A.E. kraft paper market is segmented into virgin natural kraft paper, natural recycled kraft paper, black kraft paper, coloured kraft paper, white or bleached kraft paper, and printed kraft paper
- On the basis of finish type, the U.A.E. kraft paper market is segmented into glazed, and finished
- On the basis of packaging form, the U.A.E. kraft paper market is segmented into bags and pouches, sacks, envelopes, corrugated sheets, composite cans, and cartons
- On the basis of end user, the U.A.E. kraft paper market is segmented into food and beverages, pharmaceutical, building and construction, cosmetic and personal care, electronics and electricals, and other
Major Players
Data Bridge Market Research recognizes the following companies as the major U.A.E. kraft paper market players in U.A.E. kraft paper market are Oji Holdings Corporation (Japan), CTI Paper USA (U.S.), Canfor (Canada), Genus Paper & Boards Limited (India), Georgia-Pacific (U.S.) Canadian Kraft Paper Ltd. (Canada), Fujian Qingshan Paper Co., Ltd. (China), Smurfit Kappa (U.S.), WestRock Company (Ireland), SCG PACKAGING (Thailand), International Paper (U.S.).
Market Developments
- In 2022, Mondi PLC announced plans for a substantial EUR 400 million investment in a cutting-edge paper machine at its Steti mill in the Czech Republic. This investment, a pivotal component of the Group's EUR 1 billion expansionary capital investment initiative, is aimed at propelling growth in sustainable packaging. The new machine is expected to produce approximately 210,000 tonnes of sack kraft paper annually, bolstering Mondi's market leadership in its Paper Bags business segment
- In 2022, Sappi Limited accepted an offer to sell three of its European graphic mills, including the Maastricht Mill in the Netherlands, Stockstadt Mill in Germany, and Kirkniemi Mill in Finland, to AURELIUS Investment Lux One Sàrl. This decision is part of Sappi's strategic move to reduce its involvement in the graphic paper segment and focus on expanding into areas such as packaging, specialty papers, pulp, and biomaterials. It represents a significant step in reshaping Sappi's business portfolio
- In 2021, the Segezha Group inked a contract with Bellmer to develop an innovative paper machine at its Sokol-based paper plant in Vologda. This state-of-the-art machine is expected to become operational by 2023, marking a significant milestone in enhancing the plant's production capabilities and efficiency. This strategic partnership underscores the commitment to advancing the paper manufacturing industry and meeting the evolving demands of the market with cutting-edge technology
- In 2020, Oji Holding Corporation initiated a significant business expansion by partnering with the Nestle Group. Nestle's decision to transition from plastic to paper packaging for its products positions Oji Holding as its primary packaging provider. This strategic move is anticipated to boost Oji Holding's revenue shortly, capitalizing on the increasing global shift toward sustainable and eco-friendly packaging solutions, aligning with both companies' commitment to environmental responsibility and customer preferences
- In 2020, WestRock Company achieved recognition as one of the world's most admired companies, according to FORTUNE magazine, marking its fifth consecutive year receiving this prestigious accolade. This esteemed acknowledgment is expected to significantly enhance the company's goodwill and reputation. It underscores WestRock's consistent commitment to excellence and sustainable business practices, further strengthening its position as a respected industry leader and reinforcing its stakeholders' and customers' trust and confidence
For more detailed information about the U.A.E. kraft paper market report, click here – https://www.databridgemarketresearch.com/jp/reports/uae-kraft-paper-market
