Global Kraft Pouch Market, By Product Type (Flat Pouches, Stand- up Pouches), Grade Type (Bleached, Unbleached), Finish Type (Glazed, Finished), Weight (<30 gsm, 30-90 gsm, 91-120 gsm, 121-200 gsm, >200 gsm), End- User (Food and Beverage, Pharmaceutical, Cosmetic and Personal Care, Electronics and Electrical, Other Consumer Goods), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029
Market Analysis and Insights Global Kraft Pouch Market
Data Bridge Market Research analyses that the kraft pouch market will project a CAGR of 3.08% for the forecast period of 2022-2029 and is likely to reach the USD 1,550.24 million by 2029.
Kraft paper can be utilized for high barrier packaging solutions. They can be single-layered flat pouch or a multi-layered stand-up pouch. These pouches are puncture-resistant, moisture-proof, heat-sealable, and leak-proof. Kraft pouches are strong and boost material handling capability throughout the supply chain, and they're used in a variety of sectors.
The kraft pouch market is primarily driven by the surging demand of sustainable product among population. Furthermore, the rise in demand for stand-up pouches in medical components and consumer good will cushion the market’s growth rate. In addition, other factors such as stringent rules and regulation by government linked with use of plastics and growing awareness about the advantages associated with kraft pouch will influence the growth of kraft pouch market. Another significant driver that will expand the market’s growth rate is the growing need for re-usable and recyclable slider-zipper pouches produced of kraft paper. Also, rising concern for environment and advancement in packaging and wrapping applications will cushion the growth rate of kraft pouch market.
Moreover, inclination of costumer’s preference towards paper-based flexible packaging solutions will also create the beneficial opportunities for the kraft pouch market growth. Additionally, increase in the level of investment, growing e-commerce sector and emerging new markets will act as major market drivers and further boost new opportunities for the market’s growth during the forecast period mentioned above.
However, the dearth of government initiatives in under-developed countries and fluctuating prices of raw materials will hamper the growth rate of kraft pouch market. Impact of COVID-19 on supply chain will pose a major challenge on the growth of kraft pouch market. The fragile nature of the product does not support the packaging of heavy materials and hence impede the kraft pouch market’s growth rate.
This kraft pouch market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised 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 kraft pouch market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Kraft Pouch Market Scope and Market Size
The kraft pouch market is segmented on the basis of product type, grade type, finish type, weight and end-users. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on product type, the market is segmented into flat pouches and stand-up pouches.
- The grade type segment of the market is segmented into bleached and unbleached.
- On the basis of finish type, the kraft pouch market is segmented into glazed and finished.
- Weight segment of the kraft pouch market is segmented into <30 gsm, 30-90 gsm, 91-120 gsm, 121-200 gsm and >200 gsm.
- The end- users segment of the kraft pouch market is segmented into food and beverage, pharmaceutical, cosmetic and personal care, electronics and electrical and other consumer goods.
The application segment for kraft pouch market includes fixation, would dressing and others.
Kraft Pouch Market Country Level Analysis
The kraft pouch market is analysed and market size insights and trends are provided by country, product type, grade type, finish type, weight and end-users as referenced above.
The countries covered in the kraft pouch market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa.
North America dominates the kraft pouch market due to the stringent regulations by government linked with the utilization of plastics and growing awareness about the advantages of kraft pouch in this region. Asia-Pacific region is the fastest growing region of kraft pouch market during the forecast period of 2022-2029 due to the growing demand from various end-use industries.
The country section of the kraft pouch market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global 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 Global Kraft Pouch Market Share Analysis
The kraft pouch 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, global 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 pouch market.
Some of the major players operating in the kraft pouch market are Bemis Manufacturing Company, Huhtamäki Oyj, Guala Pack S.p.a., Constantia Flexibles, WINPAK LTD., Amcor plc, Berry Global Inc., Mondi, Sealed Air, Smurfit Kappa, Coveris, ProAmpac., Sonoco Products Company, Swiss Pack, AK Product, Flexi Pack., Glenroy, Inc., International Plastics Inc., American Packaging Corporation., Bryce Corporation, CLONDALKIN GROUP, InterFlex Group, and Tylerpackaging, among others.
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