Europe Kraft Paper Market, By Product (Specialty, Sack), Grade Type (Bleached, Unbleached), Type (Virgin Natural, Natural Recycled, Black, Coloured, White or Bleached, Printed), 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) – Industry Trends and Forecast to 2030.
Europe Kraft Paper Market Analysis and Size
The preference of consumers regarding sustainable and compostable packaging is rapidly increasing due to surging knowledge of the harmful impact of plastic and other non-biodegradable products packaging solutions on the environment. As a result, the consumers are looking for paper-based packaging. Consumers are shifting their choices and preferences toward environment-friendly products such as kraft paper. Nowadays, kraft paper is one such commodity that is used for packaging numerous products because it has no negative effect on the environment. As a result, the demand for the kraft paper increases in numerous industries, likely enhancing the market growth.
Data Bridge Market Research analyses that the kraft paper market is expected to reach USD 4240.76 million by 2030, which is USD 3245.48 million in 2022, registering a CAGR of 3.40% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Europe Kraft Paper Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Product (Specialty, Sack), Grade Type (Bleached, Unbleached), Type (Virgin Natural, Natural Recycled, Black, Coloured, White or Bleached, Printed), 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)
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Countries Covered
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Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe
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Market Players Covered
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Mondi (U.K.), Segezha group (Russia), Klabin SA (Brazil), Billerudkorsnas (Sweden), Stora Enso (Finland), Daio Paper construction (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.)
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Market Opportunities
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Market Definition
The word "kraft" means "strong" in German. The pulping process gives the kraft paper tough, brown colour and tear resistance properties. This paper is ideal for producing strong wrapping paper as well as strong rigid and carton boxes. Kraft paper board is actually quite adaptable for branded packaging solutions because it comes in a wide variety of tones, patterns, and colors.
Kraft Paper Market Dynamics
Drivers
- Huge demand of kraft paper in packaging industry
The packaging industry uses kraft paper as a raw material because of its superior folding resistance and durability. Because logistics must transport many products and some packaging issues arise during the transport process, it is essential that packaging have high-strength compression performance. This has increased demand for kraft paper in the market for packaging and is anticipated to propel the market's growth rate.
- Increasing usage of kraft paper for gift wrapping and DIY
Kraft paper's versatility makes gift-wrapping quite simple. As a result of its colourful originality and textured nature, Kraft paper has a distinctive nature that makes it more favourable. This paper works is suitable for individual usage as well. The usage of kraft paper also reduces the cost for creating DIY kraft inspired decoration and invitations.
- .Rising demand of kraft paper in food sector
There are several variations of kraft paper available in the market. One of the strongest types of paper available is called natural kraft paper, which is typically used to package foods such as dried fruits, sugar, flour, and vegetables. Food products are packaged with kraft paper to ensure food safety. Thus, the demand for the kraft paper increases, as a result of the demand for packaging materials in the food sector.
Opportunities
- Surging popularity of paper-based packaging
In recent years, the popularity of paper-based packaging has grown due to the implementation of the modern package concepts that prioritize visual appeal, brand recognition and shelf life. All of these benefits are delivered by kraft paper packaging products. The fundamental benefit of kraft paper is that it can be prepared from a wide variety of fibres. The kraft process can employ a different type of woods. This factor is anticipated to create numerous opportunities for the growth of the market globally in upcoming years.
Restraints/ Challenges
- Multiple problems associated with kraft paper industry
The kraft paper industry is going through the one of its hardest phases in history due to covid-19 pandemic which is affecting the supply and compounded by the non-availability of shipping containers. Lack of government initiatives and digital revolution in undeveloped countries are anticipated to hamper the market growth. Access to cost-effective and high-quality raw materials are also expected to challenge the kraft paper market during forecast period.
This kraft paper market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the kraft paper market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Covid-19 Impact of Kraft Paper Market
The COVID-19 pandemic has had a significant impact on the kraft paper market. Supply and production chain operations of end user industries such as pharmaceuticals and food & beverages were hampered, due to the implementation of stringent lockdowns during the peak of the epidemic. The recession that followed had an adverse influence on the demand for kraft paper packaging, which obstruct market growth. Companies have been increasing their manufacturing capabilities to fulfill the growing demand for cost-efficient, reusable and sustainable packaging solutions post the pandemic's peak. Therefore, the kraft paper industry is expected to grow at a sturdy pace in the forecast period.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Development
- In 2021, Segezha Group entered into contract with Bellmer for manufacturing a novel paper machine at the former’s paper plant which is based out of Sokol (Vologda). This new-fangled machine is anticipated to come live by the year 2023.
Europe Kraft Paper Market Scope
The kraft paper market is segmented on the basis of products, grade type, type, finish type, packaging form and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Specialty
- Sack
Grade Type
- Bleached
- Unbleached
Type
- Virgin Natural
- Natural Recycled
- Black
- Coloured
- White or Bleached
- Printed
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
Kraft Paper Market Regional Analysis/Insights
The kraft paper market is analyzed and market size insights and trends are provided by country, products, grade type, type, finish type, packaging form and end-user as referenced above.
The countries covered in the kraft paper market report are Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, and Rest of Europe.
Germany dominates the Europe kraft paper market in terms of market share owing to growth in online food ordering in this country. The growing number of working population in the developed and developing countries of Europe eventually upsurges the demand for packaged drinks and food among the consumers. Therefore, packaging of food needs large number of kraft paper owing to its flexibility and durability.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Europe brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Kraft Paper Market Share Analysis
The kraft paper market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Europe presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to kraft paper market.
Some of the major players operating in the kraft paper market are:
- Mondi (U.K.)
- Segezha group (Russia)
- Klabin SA (Brazil)
- Billerudkorsnas (Sweden)
- Stora Enso (Finland)
- Daio Paper construction (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.)
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